Grifols, S.A. or Supernus Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Grifols vs. Supernus

__timestampGrifols, S.A.Supernus Pharmaceuticals, Inc.
Wednesday, January 1, 201466077200072471000
Thursday, January 1, 201573643500089204000
Friday, January 1, 2016775266000106010000
Sunday, January 1, 2017860348000137905000
Monday, January 1, 2018814775000159888000
Tuesday, January 1, 2019942821000158425000
Wednesday, January 1, 2020985616000200677000
Friday, January 1, 20211061508000304759000
Saturday, January 1, 20221190423000377221000
Sunday, January 1, 20231254234000336361000
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In pursuit of knowledge

Managing SG&A Costs: A Tale of Two Companies

In the competitive pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Grifols, S.A. and Supernus Pharmaceuticals, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Grifols, S.A. consistently reported higher SG&A expenses, peaking at approximately 1.25 billion in 2023. In contrast, Supernus Pharmaceuticals, Inc. maintained a more conservative approach, with expenses reaching around 336 million in the same year.

Despite Grifols' higher absolute costs, their expenses grew by about 90% over the period, while Supernus saw a staggering 364% increase. This suggests that while Grifols operates on a larger scale, Supernus is rapidly expanding its operational footprint. Investors and analysts should consider these trends when evaluating the companies' financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025