Johnson & Johnson or Geron Corporation: Who Manages SG&A Costs Better?

SG&A Cost Management: J&J vs. Geron

__timestampGeron CorporationJohnson & Johnson
Wednesday, January 1, 20141675800021954000000
Thursday, January 1, 20151779300021203000000
Friday, January 1, 20161876100019945000000
Sunday, January 1, 20171928700021420000000
Monday, January 1, 20181870700022540000000
Tuesday, January 1, 20192089300022178000000
Wednesday, January 1, 20202567800022084000000
Friday, January 1, 20212966500020118000000
Saturday, January 1, 20224362800019046000000
Sunday, January 1, 20236913500020112000000
Monday, January 1, 202421969000000
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In pursuit of knowledge

Managing SG&A Costs: A Tale of Two Companies

In the world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Johnson & Johnson, a healthcare giant, and Geron Corporation, a biopharmaceutical company, offer a fascinating contrast in SG&A management from 2014 to 2023.

Johnson & Johnson consistently reported SG&A expenses around $20 billion annually, reflecting its vast operational scale. Despite fluctuations, their expenses remained relatively stable, showcasing effective cost management strategies. In contrast, Geron Corporation, with a smaller operational footprint, saw a dramatic increase in SG&A expenses, rising by over 300% from 2014 to 2023. This surge, from approximately $17 million to $69 million, highlights the challenges smaller companies face in scaling operations.

Understanding these trends provides valuable insights into how companies of different sizes manage operational costs, impacting their financial health and strategic growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025