Eli Lilly and Company and Vertex Pharmaceuticals Incorporated: SG&A Spending Patterns Compared

Comparing SG&A trends of Eli Lilly and Vertex Pharmaceuticals

__timestampEli Lilly and CompanyVertex Pharmaceuticals Incorporated
Wednesday, January 1, 20146620800000305409000
Thursday, January 1, 20156533000000377080000
Friday, January 1, 20166452000000432829000
Sunday, January 1, 20176588100000496079000
Monday, January 1, 20185975100000557616000
Tuesday, January 1, 20196213800000658498000
Wednesday, January 1, 20206121200000770456000
Friday, January 1, 20216431600000840100000
Saturday, January 1, 20226440400000944700000
Sunday, January 1, 202369412000001136600000
Monday, January 1, 202485938000001464300000
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Unlocking the unknown

SG&A Spending Patterns: A Tale of Two Pharmaceutical Giants

In the ever-evolving pharmaceutical industry, understanding spending patterns is crucial for strategic growth. Eli Lilly and Company and Vertex Pharmaceuticals Incorporated, two titans in the field, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Eli Lilly's SG&A expenses have seen a steady increase, peaking at approximately $6.94 billion in 2023, marking a 5% rise from 2014. In contrast, Vertex Pharmaceuticals has demonstrated a more dynamic growth, with SG&A expenses surging by nearly 272% over the same period, reaching around $1.14 billion in 2023. This stark difference highlights Vertex's aggressive expansion strategy compared to Eli Lilly's more stable approach. As these companies navigate the complexities of the pharmaceutical landscape, their spending patterns offer valuable insights into their operational priorities and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025