Gilead Sciences, Inc. or BioMarin Pharmaceutical Inc.: Who Manages SG&A Costs Better?

Gilead vs. BioMarin: SG&A Cost Management Showdown

__timestampBioMarin Pharmaceutical Inc.Gilead Sciences, Inc.
Wednesday, January 1, 20143021560002983000000
Thursday, January 1, 20154022710003426000000
Friday, January 1, 20164765930003398000000
Sunday, January 1, 20175543360003878000000
Monday, January 1, 20186043530004056000000
Tuesday, January 1, 20196809240004381000000
Wednesday, January 1, 20207376690005151000000
Friday, January 1, 20217593750005246000000
Saturday, January 1, 20228540090005673000000
Sunday, January 1, 20239373000006090000000
Monday, January 1, 202410090250006091000000
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Infusing magic into the data realm

Who Manages SG&A Costs Better: Gilead Sciences or BioMarin Pharmaceutical?

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Gilead Sciences, Inc. and BioMarin Pharmaceutical Inc. have shown distinct approaches to handling these costs. From 2014 to 2023, Gilead Sciences consistently reported higher SG&A expenses, peaking at approximately $6.09 billion in 2023, a 104% increase from 2014. In contrast, BioMarin's SG&A expenses grew by 210% over the same period, reaching around $937 million in 2023. This disparity highlights Gilead's larger scale of operations, while BioMarin's rapid growth in expenses suggests aggressive expansion strategies. Understanding these trends provides valuable insights into each company's operational efficiency and strategic priorities. As investors and industry analysts evaluate these giants, the ability to manage SG&A costs effectively remains a key indicator of financial health and competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025