SG&A Efficiency Analysis: Comparing Eli Lilly and Company and Incyte Corporation

SG&A Trends: Eli Lilly vs. Incyte's Strategic Approaches

__timestampEli Lilly and CompanyIncyte Corporation
Wednesday, January 1, 20146620800000165772000
Thursday, January 1, 20156533000000196614000
Friday, January 1, 20166452000000303251000
Sunday, January 1, 20176588100000366406000
Monday, January 1, 20185975100000434407000
Tuesday, January 1, 20196213800000468711000
Wednesday, January 1, 20206121200000516922000
Friday, January 1, 20216431600000739560000
Saturday, January 1, 202264404000001002140000
Sunday, January 1, 202369412000001161300000
Monday, January 1, 202485938000001242157000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Eli Lilly and Company and Incyte Corporation have demonstrated contrasting approaches to SG&A efficiency.

Eli Lilly, a stalwart in the industry, has consistently maintained high SG&A expenses, averaging around $6.4 billion annually from 2014 to 2023. Despite fluctuations, their expenses peaked in 2023, reflecting a strategic investment in administrative capabilities. In contrast, Incyte Corporation, a smaller player, has shown a remarkable upward trend, with SG&A expenses growing by over 600% from 2014 to 2023. This growth underscores Incyte's aggressive expansion and market penetration strategies.

Understanding these trends provides valuable insights into how these companies allocate resources to support their growth and operational strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025