Selling, General, and Administrative Costs: Teva Pharmaceutical Industries Limited vs Perrigo Company plc

Teva vs. Perrigo: A Decade of Diverging SG&A Strategies

__timestampPerrigo Company plcTeva Pharmaceutical Industries Limited
Wednesday, January 1, 20146752000005078000000
Thursday, January 1, 20157718000004717000000
Friday, January 1, 201612055000005096000000
Sunday, January 1, 201711465000004986000000
Monday, January 1, 201811258000004214000000
Tuesday, January 1, 201911661000003806000000
Wednesday, January 1, 202011755000003671000000
Friday, January 1, 202111114000003528000000
Saturday, January 1, 202212101000003445000000
Sunday, January 1, 202312746000003498000000
Monday, January 1, 20243702000000
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Igniting the spark of knowledge

A Tale of Two Pharmaceutical Giants: Teva vs. Perrigo

In the ever-evolving pharmaceutical industry, understanding the financial dynamics of major players is crucial. Over the past decade, Teva Pharmaceutical Industries Limited and Perrigo Company plc have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Teva's SG&A expenses have seen a significant decline of approximately 31%, dropping from 5.08 billion to 3.50 billion. This reduction reflects Teva's strategic cost-cutting measures amidst challenging market conditions. In contrast, Perrigo's SG&A expenses have steadily increased by about 89%, rising from 675 million to 1.27 billion. This growth indicates Perrigo's aggressive expansion and investment in operational capabilities. These financial trajectories highlight the distinct strategic paths taken by these pharmaceutical giants, offering valuable insights into their operational priorities and market positioning. As the industry continues to evolve, monitoring such financial indicators will be key to understanding future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025