Lantheus Holdings, Inc. or Xenon Pharmaceuticals Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Lantheus vs. Xenon

__timestampLantheus Holdings, Inc.Xenon Pharmaceuticals Inc.
Wednesday, January 1, 2014724290005496000
Thursday, January 1, 2015786340009786000
Friday, January 1, 2016753740006792000
Sunday, January 1, 2017921570007313000
Monday, January 1, 2018933260008382000
Tuesday, January 1, 201910313200010803000
Wednesday, January 1, 202011017100012944000
Friday, January 1, 202121881700021967000
Saturday, January 1, 202223382700032810000
Sunday, January 1, 202326719400046542000
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In pursuit of knowledge

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Lantheus Holdings, Inc. and Xenon Pharmaceuticals Inc. offer a fascinating study in contrasts. Over the past decade, Lantheus has seen its SG&A expenses grow by approximately 270%, from $72 million in 2014 to $267 million in 2023. In contrast, Xenon Pharmaceuticals has maintained a more modest increase of around 750%, from $5.5 million to $46.5 million over the same period.

While Lantheus's expenses are significantly higher, reflecting its larger scale, Xenon's more controlled growth in SG&A costs suggests a strategic focus on efficiency. This comparison highlights the diverse strategies companies employ to balance growth and cost management, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025