SG&A Efficiency Analysis: Comparing Bristol-Myers Squibb Company and Galapagos NV

SG&A Efficiency: Bristol-Myers Squibb vs. Galapagos NV

__timestampBristol-Myers Squibb CompanyGalapagos NV
Wednesday, January 1, 201456990000009079000
Thursday, January 1, 2015500100000020309000
Friday, January 1, 2016500200000016945000
Sunday, January 1, 2017484900000020559000
Monday, January 1, 2018455100000029641000
Tuesday, January 1, 2019487100000088258000
Wednesday, January 1, 20207661000000162170000
Friday, January 1, 20217690000000167218000
Saturday, January 1, 20227814000000239528000
Sunday, January 1, 2023777200000094252000
Monday, January 1, 20248414000000
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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. Bristol-Myers Squibb Company, a titan in the field, has consistently demonstrated robust SG&A management over the past decade. From 2014 to 2023, their SG&A expenses have shown a steady increase, peaking in 2022 with a 37% rise from 2014. In contrast, Galapagos NV, a smaller player, has seen a more volatile trajectory. Their SG&A expenses surged by over 2500% from 2014 to 2022, reflecting their aggressive expansion strategy. This comparison highlights the strategic differences between established giants and emerging innovators. As Bristol-Myers Squibb focuses on maintaining efficiency, Galapagos NV invests heavily in growth, each navigating the complex pharmaceutical market in their unique way.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025