SG&A Efficiency Analysis: Comparing Merck & Co., Inc. and Vericel Corporation

SG&A Trends: Merck vs. Vericel Over a Decade

__timestampMerck & Co., Inc.Vericel Corporation
Wednesday, January 1, 20141160600000013774000
Thursday, January 1, 20151031300000022479000
Friday, January 1, 2016976200000027388000
Sunday, January 1, 2017983000000035610000
Monday, January 1, 20181010200000049007000
Tuesday, January 1, 20191061500000061139000
Wednesday, January 1, 2020895500000068836000
Friday, January 1, 2021963400000097592000
Saturday, January 1, 202210042000000106903000
Sunday, January 1, 202310504000000120998000
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Unleashing insights

SG&A Efficiency: A Tale of Two Companies

In the world of pharmaceuticals and biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Merck & Co., Inc. and Vericel Corporation have showcased contrasting trends in their SG&A efficiency.

Merck & Co., Inc.

Merck, a pharmaceutical giant, has seen its SG&A expenses fluctuate between 2014 and 2023, peaking in 2014 and 2019. Despite a slight dip in 2020, Merck's expenses have remained relatively stable, averaging around $10 billion annually. This stability reflects Merck's robust operational strategies and market presence.

Vericel Corporation

In contrast, Vericel, a smaller biotech firm, has experienced a significant rise in SG&A expenses, growing nearly tenfold from 2014 to 2023. This increase highlights Vericel's aggressive expansion and investment in growth, as it seeks to establish a stronger foothold in the competitive biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025