SG&A Efficiency Analysis: Comparing Teva Pharmaceutical Industries Limited and Opthea Limited

Teva vs. Opthea: A Decade of SG&A Expense Trends

__timestampOpthea LimitedTeva Pharmaceutical Industries Limited
Wednesday, January 1, 201426520415078000000
Thursday, January 1, 201523615874717000000
Friday, January 1, 201644728695096000000
Sunday, January 1, 201750309574986000000
Monday, January 1, 201849889414214000000
Tuesday, January 1, 201951964123806000000
Wednesday, January 1, 202066527743671000000
Friday, January 1, 2021184182473528000000
Saturday, January 1, 2022248270663445000000
Sunday, January 1, 2023418964083498000000
Monday, January 1, 2024154886193702000000
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Unlocking the unknown

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and Opthea Limited from 2014 to 2023.

Teva, a global leader, consistently reported SG&A expenses in the billions, peaking at approximately $5 billion in 2016. However, a downward trend is evident, with expenses dropping to around $3.5 billion by 2023, reflecting a strategic shift towards cost efficiency.

In contrast, Opthea, a smaller player, exhibited a dramatic rise in SG&A expenses, surging from $2.4 million in 2015 to over $41 million in 2023. This 1,600% increase underscores Opthea's aggressive expansion and investment in growth.

While Teva's expenses show a steady decline, Opthea's rapid increase highlights differing strategies in navigating the competitive pharmaceutical market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025