Operational Costs Compared: SG&A Analysis of Eli Lilly and Company and Merck & Co., Inc.

SG&A Trends: Eli Lilly vs. Merck Over a Decade

__timestampEli Lilly and CompanyMerck & Co., Inc.
Wednesday, January 1, 2014662080000011606000000
Thursday, January 1, 2015653300000010313000000
Friday, January 1, 201664520000009762000000
Sunday, January 1, 201765881000009830000000
Monday, January 1, 2018597510000010102000000
Tuesday, January 1, 2019621380000010615000000
Wednesday, January 1, 202061212000008955000000
Friday, January 1, 202164316000009634000000
Saturday, January 1, 2022644040000010042000000
Sunday, January 1, 2023694120000010504000000
Monday, January 1, 20248593800000
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Unveiling the hidden dimensions of data

A Decade of SG&A: Eli Lilly vs. Merck

In the ever-evolving pharmaceutical industry, operational efficiency is key. Over the past decade, Eli Lilly and Merck have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Eli Lilly's SG&A expenses have shown a modest increase of approximately 5%, peaking in 2023. In contrast, Merck's expenses have fluctuated more significantly, with a notable 23% drop from 2014 to 2020, before rebounding by 17% in 2023.

Key Insights

  • Eli Lilly: Consistent growth with a peak in 2023, reflecting strategic investments.
  • Merck: Volatile trends, with a significant dip in 2020, possibly due to cost-cutting measures.

These trends highlight the strategic differences in managing operational costs, offering insights into each company's approach to maintaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025