SG&A Efficiency Analysis: Comparing Taro Pharmaceutical Industries Ltd. and Evotec SE

SG&A Expenses: Taro vs. Evotec, 2014-2023

__timestampEvotec SETaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20141799000091733000
Thursday, January 1, 20152516600087644000
Friday, January 1, 20162701300092365000
Sunday, January 1, 20174238300085656000
Monday, January 1, 20185701200088196000
Tuesday, January 1, 20196654600089971000
Wednesday, January 1, 20207723800093413000
Friday, January 1, 202110544500091355000
Saturday, January 1, 2022156190000113676000
Sunday, January 1, 2023169610000198366000
Monday, January 1, 2024218935000
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Data in motion

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, understanding operational efficiency is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Taro Pharmaceutical Industries Ltd. and Evotec SE from 2014 to 2023. Over this period, Taro consistently outspent Evotec, with its SG&A expenses peaking at approximately 219 million in 2024, a 127% increase from 2014. In contrast, Evotec's expenses grew by 843% over the same period, reaching around 170 million in 2023. This dramatic rise highlights Evotec's aggressive expansion strategy. However, Taro's steady increase suggests a more controlled growth approach. Notably, data for Evotec in 2024 is missing, indicating potential reporting delays or strategic shifts. These insights provide a window into the financial strategies of these pharmaceutical giants, offering valuable lessons in balancing growth with operational efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025