Selling, General, and Administrative Costs: Eli Lilly and Company vs Celldex Therapeutics, Inc.

SG&A Expenses: Eli Lilly vs. Celldex (2014-2023)

__timestampCelldex Therapeutics, Inc.Eli Lilly and Company
Wednesday, January 1, 2014206220006620800000
Thursday, January 1, 2015338370006533000000
Friday, January 1, 2016359790006452000000
Sunday, January 1, 2017250030006588100000
Monday, January 1, 2018192690005975100000
Tuesday, January 1, 2019154260006213800000
Wednesday, January 1, 2020144560006121200000
Friday, January 1, 2021204880006431600000
Saturday, January 1, 2022271950006440400000
Sunday, January 1, 2023309140006941200000
Monday, January 1, 20248593800000
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Unleashing insights

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of the pharmaceutical industry, managing costs is crucial. This chart highlights the Selling, General, and Administrative (SG&A) expenses of Eli Lilly and Company compared to Celldex Therapeutics, Inc. from 2014 to 2023. Eli Lilly, a giant in the industry, consistently reported SG&A expenses that were over 200 times higher than those of Celldex, reflecting its expansive operations and market reach. Notably, Eli Lilly's expenses peaked in 2023, showing a 16% increase from its lowest point in 2018. In contrast, Celldex's expenses fluctuated more dramatically, with a notable 114% increase from 2016 to 2023. This disparity underscores the different scales and strategies of these companies. As Eli Lilly continues to expand, Celldex's leaner operations may offer agility in a rapidly evolving market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025