SG&A Efficiency Analysis: Comparing Pfizer Inc. and Amicus Therapeutics, Inc.

Pfizer vs. Amicus: SG&A Efficiency Unveiled

__timestampAmicus Therapeutics, Inc.Pfizer Inc.
Wednesday, January 1, 20142071700014097000000
Thursday, January 1, 20154726900014809000000
Friday, January 1, 20167115100014837000000
Sunday, January 1, 20178867100014784000000
Monday, January 1, 201812720000014455000000
Tuesday, January 1, 201916986100014350000000
Wednesday, January 1, 202015640700011615000000
Friday, January 1, 202119271000012703000000
Saturday, January 1, 202221304100013677000000
Sunday, January 1, 202327527000014771000000
Monday, January 1, 202414730000000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, understanding operational efficiency is crucial. Over the past decade, Pfizer Inc. and Amicus Therapeutics, Inc. have showcased contrasting strategies in managing Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Pfizer's SG&A expenses have remained relatively stable, averaging around $14 billion annually, with a slight dip in 2020. This consistency reflects Pfizer's robust operational framework. In contrast, Amicus Therapeutics has seen a dramatic increase in SG&A expenses, growing by over 1,200% from 2014 to 2023. This surge indicates Amicus's aggressive expansion and investment in administrative capabilities. While Pfizer's expenses dwarf those of Amicus, the latter's rapid growth trajectory highlights its dynamic approach in a competitive market. This analysis underscores the diverse strategies companies employ to balance growth and efficiency in the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025