Operational Costs Compared: SG&A Analysis of Walgreens Boots Alliance, Inc. and Perrigo Company plc

A Comparative Analysis of SG&A Expenses: Walgreens Boots Alliance vs. Perrigo

In the ever-evolving landscape of the pharmaceutical and retail sectors, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Walgreens Boots Alliance, Inc. and Perrigo Company plc, from 2014 to 2023.

Walgreens Boots Alliance consistently outpaces Perrigo in SG&A expenses, with figures peaking at approximately $28 billion in 2024, marking a 59% increase from 2014. In contrast, Perrigo's SG&A expenses show a steady rise, reaching around $1.27 billion in 2023, a 47% increase over the same period.

This disparity highlights Walgreens' expansive operational scale and strategic investments. However, the absence of data for Perrigo in 2024 suggests potential shifts in reporting or operational strategies. As these companies navigate the complexities of global markets, their SG&A trends offer valuable insights into their financial health and strategic priorities.