Merck & Co., Inc. vs Amphastar Pharmaceuticals, Inc.: SG&A Expense Trends

Pharma Giants: SG&A Expense Trends Unveiled

__timestampAmphastar Pharmaceuticals, Inc.Merck & Co., Inc.
Wednesday, January 1, 20144037300011606000000
Thursday, January 1, 20154697400010313000000
Friday, January 1, 2016472980009762000000
Sunday, January 1, 2017509180009830000000
Monday, January 1, 20185804400010102000000
Tuesday, January 1, 20196310900010615000000
Wednesday, January 1, 2020651570008955000000
Friday, January 1, 2021689200009634000000
Saturday, January 1, 20226659200010042000000
Sunday, January 1, 20238039300010504000000
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In pursuit of knowledge

SG&A Expense Trends: A Tale of Two Companies

In the world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Merck & Co., Inc. and Amphastar Pharmaceuticals, Inc. have shown contrasting trends in their SG&A expenses.

From 2014 to 2023, Merck's SG&A expenses have fluctuated, peaking in 2014 and 2019, with a notable dip in 2020. This reflects a strategic shift, possibly due to market conditions or internal restructuring. In contrast, Amphastar has steadily increased its SG&A expenses by approximately 99% over the same period, indicating a focus on expansion and market penetration.

These trends highlight the different strategies employed by large and mid-sized pharmaceutical companies in navigating the competitive landscape. As the industry evolves, understanding these financial dynamics becomes essential for investors and stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025