Operational Costs Compared: SG&A Analysis of Johnson & Johnson and Ligand Pharmaceuticals Incorporated

SG&A Expenses: Johnson & Johnson vs. Ligand Pharmaceuticals

__timestampJohnson & JohnsonLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20142195400000022570000
Thursday, January 1, 20152120300000024378000
Friday, January 1, 20161994500000026621000
Sunday, January 1, 20172142000000028653000
Monday, January 1, 20182254000000037734000
Tuesday, January 1, 20192217800000041884000
Wednesday, January 1, 20202208400000064435000
Friday, January 1, 20212011800000057483000
Saturday, January 1, 20221904600000070062000
Sunday, January 1, 20232011200000052790000
Monday, January 1, 202421969000000
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Igniting the spark of knowledge

A Tale of Two Giants: SG&A Expenses in the Pharmaceutical Industry

In the ever-evolving landscape of the pharmaceutical industry, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Johnson & Johnson and Ligand Pharmaceuticals Incorporated, from 2014 to 2023.

Johnson & Johnson: A Steady Giant

Johnson & Johnson, a behemoth in the healthcare sector, has consistently maintained high SG&A expenses, averaging around $21 billion annually. Despite a slight dip in 2022, their expenses have remained relatively stable, reflecting their robust operational strategies.

Ligand Pharmaceuticals: A Rising Contender

In contrast, Ligand Pharmaceuticals, a smaller player, has seen a significant increase in SG&A expenses, growing by over 200% from 2014 to 2022. This surge underscores their aggressive expansion and investment in growth.

This comparative analysis highlights the diverse strategies employed by these companies in navigating the competitive pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025