Eli Lilly and Company or Geron Corporation: Who Manages SG&A Costs Better?

Eli Lilly excels in SG&A cost management over Geron.

__timestampEli Lilly and CompanyGeron Corporation
Wednesday, January 1, 2014662080000016758000
Thursday, January 1, 2015653300000017793000
Friday, January 1, 2016645200000018761000
Sunday, January 1, 2017658810000019287000
Monday, January 1, 2018597510000018707000
Tuesday, January 1, 2019621380000020893000
Wednesday, January 1, 2020612120000025678000
Friday, January 1, 2021643160000029665000
Saturday, January 1, 2022644040000043628000
Sunday, January 1, 2023694120000069135000
Monday, January 1, 20248593800000
Loading chart...

Igniting the spark of knowledge

Managing SG&A Costs: Eli Lilly vs. Geron Corporation

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Eli Lilly and Company has consistently demonstrated robust control over its SG&A costs, averaging around $6.4 billion annually. In contrast, Geron Corporation, a smaller player, has managed its SG&A expenses at a much lower scale, averaging approximately $28 million per year.

From 2014 to 2023, Eli Lilly's SG&A expenses showed a steady trend with a slight increase of about 5% over the period, peaking in 2023. Meanwhile, Geron Corporation experienced a more significant rise, with its SG&A costs surging by over 300% during the same timeframe. This stark difference highlights Eli Lilly's efficiency in managing operational costs compared to Geron, which may be attributed to its larger scale and more established market presence.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025