SG&A Efficiency Analysis: Comparing Grifols, S.A. and Geron Corporation

SG&A Efficiency: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. Over the past decade, Grifols, S.A. and Geron Corporation have shown contrasting trends in their SG&A expenditures.

Grifols, S.A.: A Steady Climb

From 2014 to 2023, Grifols, S.A. has seen a consistent increase in SG&A expenses, rising by approximately 90%. This growth reflects the company's expanding operations and strategic investments in administrative capabilities.

Geron Corporation: A Rapid Surge

In contrast, Geron Corporation's SG&A expenses have surged by over 300% during the same period. This sharp increase, particularly notable in the last few years, suggests a significant shift in the company's operational strategy, possibly indicating aggressive expansion or restructuring efforts.

These trends highlight the diverse strategies companies employ to manage their operational costs, offering valuable insights for investors and analysts alike.