Johnson & Johnson vs Pharming Group N.V.: SG&A Expense Trends

SG&A Expenses: Johnson & Johnson vs. Pharming Group N.V.

__timestampJohnson & JohnsonPharming Group N.V.
Wednesday, January 1, 2014219540000004042025
Thursday, January 1, 2015212030000005279557
Friday, January 1, 2016199450000008073913
Sunday, January 1, 20172142000000044864073
Monday, January 1, 20182254000000053488904
Tuesday, January 1, 20192217800000065896361
Wednesday, January 1, 20202208400000069968267
Friday, January 1, 20212011800000092047281
Saturday, January 1, 202219046000000131819000
Sunday, January 1, 20232011200000087501000
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Infusing magic into the data realm

SG&A Expense Trends: A Tale of Two Companies

In the world of pharmaceuticals, Johnson & Johnson and Pharming Group N.V. present a fascinating study in contrasts. Over the past decade, Johnson & Johnson, a titan in the industry, has consistently reported Selling, General, and Administrative (SG&A) expenses averaging around $21 billion annually. In contrast, Pharming Group N.V., a smaller player, has seen its SG&A expenses grow from a modest $4 million in 2014 to over $130 million in 2022, marking a staggering increase of over 3,000%.

A Decade of Change

From 2014 to 2023, Johnson & Johnson's SG&A expenses have shown a slight decline, with a notable dip in 2022. Meanwhile, Pharming Group N.V. has experienced a dramatic rise, reflecting its aggressive expansion and increased market presence. This divergence highlights the different strategies and market dynamics faced by large and small pharmaceutical companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025