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

SG&A Expenses: Eli Lilly vs. Xencor, 2014-2023

__timestampEli Lilly and CompanyXencor, Inc.
Wednesday, January 1, 201466208000007461000
Thursday, January 1, 2015653300000011960000
Friday, January 1, 2016645200000013108000
Sunday, January 1, 2017658810000017501000
Monday, January 1, 2018597510000022472000
Tuesday, January 1, 2019621380000024286000
Wednesday, January 1, 2020612120000029689000
Friday, January 1, 2021643160000038837000
Saturday, January 1, 2022644040000047489000
Sunday, January 1, 2023694120000053379000
Monday, January 1, 20248593800000
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Igniting the spark of knowledge

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

In the world of pharmaceuticals and biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability and growth. Eli Lilly and Company, a pharmaceutical giant, and Xencor, Inc., a biotechnology firm, present a fascinating contrast in their SG&A expenses from 2014 to 2023.

Eli Lilly's SG&A expenses have shown a steady trend, with a notable increase of approximately 5% from 2014 to 2023. This reflects the company's strategic investments in marketing and administration to support its expansive product portfolio. In contrast, Xencor, Inc., a smaller player, has seen its SG&A expenses grow by over 600% during the same period, indicating aggressive scaling and expansion efforts.

This comparison highlights the diverse strategies employed by companies in the sector, with larger firms focusing on stability and smaller ones on rapid growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025