Halozyme Therapeutics, Inc. or Amneal Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Comparing SG&A cost management in pharmaceuticals.

__timestampAmneal Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20148461500035942000
Thursday, January 1, 201510967900040028000
Friday, January 1, 201611875700045853000
Sunday, January 1, 201710904600053816000
Monday, January 1, 201823043500060804000
Tuesday, January 1, 201928959800077252000
Wednesday, January 1, 202032672700045736000
Friday, January 1, 202136550400050323000
Saturday, January 1, 2022399700000143526000
Sunday, January 1, 2023429675000149182000
Monday, January 1, 2024154335000
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In pursuit of knowledge

SG&A Cost Management: A Tale of Two Companies

In the competitive pharmaceutical landscape, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Amneal Pharmaceuticals, Inc. and Halozyme Therapeutics, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Amneal's SG&A expenses surged by over 400%, peaking at approximately $430 million in 2023. In contrast, Halozyme's expenses grew by around 315%, reaching nearly $149 million in the same year.

While Amneal's expenses consistently outpaced Halozyme's, the latter maintained a more stable growth trajectory, suggesting a more controlled cost management strategy. This difference highlights the importance of strategic financial planning in the pharmaceutical industry, where efficient SG&A management can significantly impact a company's bottom line. As investors and stakeholders evaluate these companies, understanding their cost management strategies becomes essential for making informed decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025