Vertex Pharmaceuticals Incorporated or Arrowhead Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Vertex vs. Arrowhead: A Decade of SG&A Cost Management

__timestampArrowhead Pharmaceuticals, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201424419536305409000
Thursday, January 1, 201534718089377080000
Friday, January 1, 201640998209432829000
Sunday, January 1, 201732022880496079000
Monday, January 1, 201819110051557616000
Tuesday, January 1, 201926556257658498000
Wednesday, January 1, 202052275890770456000
Friday, January 1, 202180981000840100000
Saturday, January 1, 2022124431000944700000
Sunday, January 1, 2023909320001136600000
Monday, January 1, 2024987610001464300000
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Data in motion

Managing SG&A Costs: Vertex vs. Arrowhead

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Vertex Pharmaceuticals Incorporated and Arrowhead Pharmaceuticals, Inc. have demonstrated contrasting approaches to SG&A cost management.

A Decade of Financial Insights

From 2014 to 2023, Vertex Pharmaceuticals consistently reported higher SG&A expenses, peaking at over $1.1 billion in 2023. This represents a staggering 272% increase from 2014. In contrast, Arrowhead Pharmaceuticals, while also experiencing growth, maintained a more conservative increase of approximately 304% over the same period, reaching around $98 million in 2024.

Strategic Implications

Vertex's higher SG&A costs may reflect aggressive expansion and investment in marketing and administrative capabilities. Meanwhile, Arrowhead's more modest spending could indicate a focus on lean operations. Understanding these strategies provides valuable insights into each company's market positioning and operational priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025