SG&A Efficiency Analysis: Comparing Johnson & Johnson and Ultragenyx Pharmaceutical Inc.

SG&A Efficiency: Johnson & Johnson vs. Ultragenyx

__timestampJohnson & JohnsonUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 20142195400000010811000
Thursday, January 1, 20152120300000033001000
Friday, January 1, 20161994500000064936000
Sunday, January 1, 20172142000000099909000
Monday, January 1, 201822540000000127724000
Tuesday, January 1, 201922178000000161524000
Wednesday, January 1, 202022084000000182933000
Friday, January 1, 202120118000000219982000
Saturday, January 1, 202219046000000278139000
Sunday, January 1, 202320112000000309799000
Monday, January 1, 202421969000000
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Cracking the code

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of the pharmaceutical industry, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Johnson & Johnson and Ultragenyx Pharmaceutical Inc. have showcased contrasting trajectories in their SG&A spending.

From 2014 to 2023, Johnson & Johnson's SG&A expenses have seen a modest decline of approximately 9%, reflecting a strategic focus on cost optimization. In contrast, Ultragenyx Pharmaceutical Inc. has experienced a staggering increase of over 2,700% in the same period, indicative of its aggressive growth strategy and expansion efforts.

This divergence highlights the different stages and strategies of these companies. While Johnson & Johnson leverages its established market presence to streamline operations, Ultragenyx is investing heavily in its future, aiming to carve out a significant niche in the competitive pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025