Operational Costs Compared: SG&A Analysis of Teva Pharmaceutical Industries Limited and Cytokinetics, Incorporated

SG&A Expenses: Teva vs. Cytokinetics Over a Decade

__timestampCytokinetics, IncorporatedTeva Pharmaceutical Industries Limited
Wednesday, January 1, 2014172680005078000000
Thursday, January 1, 2015196670004717000000
Friday, January 1, 2016278230005096000000
Sunday, January 1, 2017364680004986000000
Monday, January 1, 2018312820004214000000
Tuesday, January 1, 2019396100003806000000
Wednesday, January 1, 2020528200003671000000
Friday, January 1, 2021968030003528000000
Saturday, January 1, 20221779770003445000000
Sunday, January 1, 20231736120003498000000
Monday, January 1, 20243702000000
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Data in motion

A Tale of Two Companies: SG&A Expenses in Focus

In the pharmaceutical industry, operational costs can significantly impact a company's bottom line. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and Cytokinetics, Incorporated from 2014 to 2023. Over this period, Teva consistently reported higher SG&A expenses, peaking in 2016 with nearly 5.1 billion USD. In contrast, Cytokinetics, a smaller player, saw its SG&A expenses grow by over 900% from 2014 to 2022, reflecting its aggressive expansion strategy.

Teva's expenses showed a downward trend, decreasing by approximately 32% from 2014 to 2023, indicating a strategic shift towards cost optimization. Meanwhile, Cytokinetics' expenses surged, particularly between 2020 and 2022, highlighting its investment in growth and development. This comparison underscores the diverse strategies employed by pharmaceutical companies in managing operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025