SG&A Efficiency Analysis: Comparing Bio-Techne Corporation and Grifols, S.A.

Biotech SG&A Trends: Bio-Techne vs. Grifols

__timestampBio-Techne CorporationGrifols, S.A.
Wednesday, January 1, 201460716000660772000
Thursday, January 1, 2015119401000736435000
Friday, January 1, 2016140879000775266000
Sunday, January 1, 2017199243000860348000
Monday, January 1, 2018240636000814775000
Tuesday, January 1, 2019264359000942821000
Wednesday, January 1, 2020260583000985616000
Friday, January 1, 20213249510001061508000
Saturday, January 1, 20223727660001190423000
Sunday, January 1, 20233783780001254234000
Monday, January 1, 2024396826000
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Unleashing insights

SG&A Efficiency in the Biotech Sector: A Comparative Analysis

In the ever-evolving biotech industry, understanding operational efficiency is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Bio-Techne Corporation and Grifols, S.A. from 2014 to 2023. Over this period, Bio-Techne's SG&A expenses grew by approximately 550%, starting from 6% of Grifols' expenses in 2014 to nearly 32% in 2023. Grifols, on the other hand, saw a steady increase, with expenses peaking at over 1.25 billion in 2023. Notably, Bio-Techne's expenses in 2024 are projected to rise further, while Grifols' data for the same year remains unavailable. This trend highlights Bio-Techne's aggressive expansion strategy, while Grifols maintains a larger, yet stable, operational footprint. Such insights are invaluable for investors and stakeholders aiming to gauge the financial health and strategic direction of these biotech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025