Johnson & Johnson and Merck & Co., Inc.: SG&A Spending Patterns Compared

SG&A Spending Trends: J&J vs. Merck Over a Decade

__timestampJohnson & JohnsonMerck & Co., Inc.
Wednesday, January 1, 20142195400000011606000000
Thursday, January 1, 20152120300000010313000000
Friday, January 1, 2016199450000009762000000
Sunday, January 1, 2017214200000009830000000
Monday, January 1, 20182254000000010102000000
Tuesday, January 1, 20192217800000010615000000
Wednesday, January 1, 2020220840000008955000000
Friday, January 1, 2021201180000009634000000
Saturday, January 1, 20221904600000010042000000
Sunday, January 1, 20232011200000010504000000
Monday, January 1, 202421969000000
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Cracking the code

A Decade of SG&A Spending: Johnson & Johnson vs. Merck & Co., Inc.

In the ever-evolving pharmaceutical industry, understanding spending patterns is crucial for strategic planning. Over the past decade, Johnson & Johnson and Merck & Co., Inc. have demonstrated distinct approaches to their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Johnson & Johnson consistently allocated a higher percentage of their revenue to SG&A, peaking in 2018 with a 12% increase from 2014. In contrast, Merck & Co., Inc. showed a more conservative approach, with a notable dip in 2020, reflecting a 23% decrease from their 2014 spending. This divergence highlights Johnson & Johnson's aggressive market strategies compared to Merck's more cautious fiscal management. As these giants navigate the complexities of the healthcare landscape, their spending patterns offer a window into their strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025