Selling, General, and Administrative Costs: Eli Lilly and Company vs Opthea Limited

SG&A Costs: Eli Lilly's Stability vs. Opthea's Growth

__timestampEli Lilly and CompanyOpthea Limited
Wednesday, January 1, 201466208000002652041
Thursday, January 1, 201565330000002361587
Friday, January 1, 201664520000004472869
Sunday, January 1, 201765881000005030957
Monday, January 1, 201859751000004988941
Tuesday, January 1, 201962138000005196412
Wednesday, January 1, 202061212000006652774
Friday, January 1, 2021643160000018418247
Saturday, January 1, 2022644040000024827066
Sunday, January 1, 2023694120000041896408
Monday, January 1, 2024859380000015488619
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Unleashing insights

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

In the world of pharmaceuticals, managing costs is as crucial as innovation. Eli Lilly and Company, a stalwart in the industry, has consistently maintained its Selling, General, and Administrative (SG&A) expenses around $6.4 billion annually over the past decade. This stability reflects a strategic balance between operational efficiency and market expansion. In contrast, Opthea Limited, a smaller player, has seen its SG&A expenses grow significantly, from approximately $2.7 million in 2014 to over $41 million in 2023. This represents a staggering increase of over 1,400%, highlighting Opthea's aggressive growth strategy and investment in market presence. While Eli Lilly's expenses peaked in 2023, Opthea's fluctuating costs suggest a dynamic approach to scaling operations. This comparison underscores the diverse strategies companies employ to navigate the competitive pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025