Johnson & Johnson or Ascendis Pharma A/S: Who Manages SG&A Costs Better?

Comparing SG&A cost strategies of J&J and Ascendis Pharma.

__timestampAscendis Pharma A/SJohnson & Johnson
Wednesday, January 1, 2014627400021954000000
Thursday, January 1, 2015941500021203000000
Friday, January 1, 20161150400019945000000
Sunday, January 1, 20171348200021420000000
Monday, January 1, 20182505700022540000000
Tuesday, January 1, 20194847300022178000000
Wednesday, January 1, 20207666900022084000000
Friday, January 1, 202116018000020118000000
Saturday, January 1, 202222122700019046000000
Sunday, January 1, 202326441000020112000000
Monday, January 1, 202428454500021969000000
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Unveiling the hidden dimensions of data

SG&A Cost Management: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Johnson & Johnson, a stalwart in the industry, has consistently maintained its SG&A expenses around $20 billion annually from 2014 to 2023. In contrast, Ascendis Pharma A/S, a rising star, has seen its SG&A costs grow from $6 million in 2014 to $264 million in 2023, reflecting its rapid expansion.

A Decade of Financial Strategy

Over the past decade, Johnson & Johnson's SG&A expenses have shown a slight decline, indicating efficient cost management despite its vast scale. Meanwhile, Ascendis Pharma's expenses have surged by over 4,000%, highlighting its aggressive growth strategy. This comparison underscores the different financial strategies employed by established giants and emerging innovators in the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025