Eli Lilly and Company or HUTCHMED (China) Limited: Who Manages SG&A Costs Better?

Eli Lilly vs. HUTCHMED: A Decade of SG&A Cost Management

__timestampEli Lilly and CompanyHUTCHMED (China) Limited
Wednesday, January 1, 2014662080000026684000
Thursday, January 1, 2015653300000029829000
Friday, January 1, 2016645200000039578000
Sunday, January 1, 2017658810000043277000
Monday, January 1, 2018597510000048645000
Tuesday, January 1, 2019621380000052934000
Wednesday, January 1, 2020612120000061349000
Friday, January 1, 20216431600000127125000
Saturday, January 1, 20226440400000136106000
Sunday, January 1, 20236941200000133175999
Monday, January 1, 20248593800000
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Unlocking the unknown

Managing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Eli Lilly and Company, a stalwart in the industry, and HUTCHMED (China) Limited, a rising star, offer a fascinating study in contrasts. Over the past decade, Eli Lilly's SG&A expenses have hovered around $6.4 billion annually, showing a steady increase of about 5% from 2014 to 2023. In contrast, HUTCHMED's expenses, though significantly lower, have surged by nearly 400% in the same period, reflecting its aggressive expansion strategy. While Eli Lilly's expenses are substantial, they represent a smaller percentage of its overall revenue, indicating efficient cost management. HUTCHMED, however, is investing heavily in growth, which could pay off in the long run. This comparison highlights the different strategies companies employ to balance cost management with growth ambitions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025