Johnson & Johnson vs Taro Pharmaceutical Industries Ltd.: SG&A Expense Trends

Pharma Giants' SG&A Trends: A Decade of Divergence

__timestampJohnson & JohnsonTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20142195400000091733000
Thursday, January 1, 20152120300000087644000
Friday, January 1, 20161994500000092365000
Sunday, January 1, 20172142000000085656000
Monday, January 1, 20182254000000088196000
Tuesday, January 1, 20192217800000089971000
Wednesday, January 1, 20202208400000093413000
Friday, January 1, 20212011800000091355000
Saturday, January 1, 202219046000000113676000
Sunday, January 1, 202320112000000198366000
Monday, January 1, 202421969000000218935000
Loading chart...

Unleashing the power of data

SG&A Expense Trends: A Tale of Two Pharmaceutical Giants

In the ever-evolving pharmaceutical industry, understanding the financial strategies of leading companies is crucial. Johnson & Johnson, a global healthcare leader, and Taro Pharmaceutical Industries Ltd., a niche player, offer a fascinating study in contrasts. From 2014 to 2023, Johnson & Johnson's Selling, General, and Administrative (SG&A) expenses have shown a steady pattern, peaking in 2018 with a 10% increase from 2016, before stabilizing around 2020. In contrast, Taro's SG&A expenses, though significantly smaller, have seen a remarkable rise, nearly doubling from 2014 to 2023. This divergence highlights Johnson & Johnson's consistent investment in maintaining its market dominance, while Taro's growth reflects its strategic expansion efforts. Notably, the data for 2024 is incomplete, suggesting ongoing developments in these companies' financial strategies. This analysis underscores the dynamic nature of the pharmaceutical sector and the varied paths companies take to achieve success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025