SG&A Efficiency Analysis: Comparing Bausch Health Companies Inc. and Galapagos NV

SG&A spending: Bausch Health vs. Galapagos NV

__timestampBausch Health Companies Inc.Galapagos NV
Wednesday, January 1, 201420263000009079000
Thursday, January 1, 2015268270000020309000
Friday, January 1, 2016281000000016945000
Sunday, January 1, 2017258200000020559000
Monday, January 1, 2018247300000029641000
Tuesday, January 1, 2019255400000088258000
Wednesday, January 1, 20202367000000162170000
Friday, January 1, 20212624000000167218000
Saturday, January 1, 20222625000000239528000
Sunday, January 1, 2023291700000094252000
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Cracking the code

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Bausch Health Companies Inc. and Galapagos NV, two prominent players, offer a fascinating study in contrasts. Over the past decade, Bausch Health has consistently maintained SG&A expenses around 2.6 billion USD annually, peaking at 2.9 billion USD in 2023. This represents a steady increase of approximately 44% from 2014. In contrast, Galapagos NV, with a more modest SG&A budget, saw a dramatic rise from 9 million USD in 2014 to nearly 240 million USD in 2022, a staggering increase of over 2500%. This divergence highlights differing strategic priorities and operational scales. As Bausch Health focuses on maintaining its expansive operations, Galapagos NV's rapid growth in SG&A spending suggests aggressive expansion and investment in its future capabilities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025