SG&A Efficiency Analysis: Comparing Vertex Pharmaceuticals Incorporated and Perrigo Company plc

SG&A Spending: Vertex vs. Perrigo Over a Decade

__timestampPerrigo Company plcVertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014675200000305409000
Thursday, January 1, 2015771800000377080000
Friday, January 1, 20161205500000432829000
Sunday, January 1, 20171146500000496079000
Monday, January 1, 20181125800000557616000
Tuesday, January 1, 20191166100000658498000
Wednesday, January 1, 20201175500000770456000
Friday, January 1, 20211111400000840100000
Saturday, January 1, 20221210100000944700000
Sunday, January 1, 202312746000001136600000
Monday, January 1, 20241464300000
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SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Vertex Pharmaceuticals Incorporated and Perrigo Company plc from 2014 to 2023. Over this period, Perrigo consistently outspent Vertex, with SG&A expenses peaking at approximately $1.27 billion in 2023, a 47% increase from 2014. In contrast, Vertex's expenses grew more modestly, reaching around $1.14 billion in 2023, marking a 272% rise from its 2014 figures. This stark difference highlights Perrigo's aggressive spending strategy compared to Vertex's more conservative approach. Such insights are invaluable for investors and stakeholders aiming to gauge the financial health and strategic priorities of these industry giants. As the pharmaceutical sector continues to evolve, monitoring these trends will be key to understanding future market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025