Perrigo Company plc and Agios Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

SG&A Spending: Perrigo vs. Agios - A Decade of Contrast

__timestampAgios Pharmaceuticals, Inc.Perrigo Company plc
Wednesday, January 1, 201419120000675200000
Thursday, January 1, 201535992000771800000
Friday, January 1, 2016507140001205500000
Sunday, January 1, 2017711240001146500000
Monday, January 1, 20181141450001125800000
Tuesday, January 1, 20191320340001166100000
Wednesday, January 1, 20201490700001175500000
Friday, January 1, 20211214450001111400000
Saturday, January 1, 20221216730001210100000
Sunday, January 1, 20231199030001274600000
Monday, January 1, 2024156784000
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Unleashing the power of data

SG&A Spending Patterns: A Tale of Two Companies

In the ever-evolving pharmaceutical industry, understanding spending patterns is crucial for strategic planning. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Perrigo Company plc and Agios Pharmaceuticals, Inc. from 2014 to 2023. Perrigo, a global leader in over-the-counter health products, consistently outspent Agios, a biotech firm focused on cancer therapies, by a significant margin. In 2023, Perrigo's SG&A expenses were approximately 10 times higher than Agios's, highlighting its expansive operational scale. Over the decade, Agios's SG&A expenses grew by over 500%, reflecting its aggressive growth strategy. Meanwhile, Perrigo's expenses showed a steadier increase of around 90%, indicating a more mature market position. These trends underscore the contrasting business models and market strategies of these two companies, offering valuable insights into their financial health and strategic priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025