Who Optimizes SG&A Costs Better? Amphastar Pharmaceuticals, Inc. or Taro Pharmaceutical Industries Ltd.

SG&A Cost Management: Amphastar vs. Taro

__timestampAmphastar Pharmaceuticals, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20144037300091733000
Thursday, January 1, 20154697400087644000
Friday, January 1, 20164729800092365000
Sunday, January 1, 20175091800085656000
Monday, January 1, 20185804400088196000
Tuesday, January 1, 20196310900089971000
Wednesday, January 1, 20206515700093413000
Friday, January 1, 20216892000091355000
Saturday, January 1, 202266592000113676000
Sunday, January 1, 202380393000198366000
Monday, January 1, 2024218935000
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Igniting the spark of knowledge

Optimizing SG&A Costs: A Tale of Two Pharmaceutical Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Amphastar Pharmaceuticals, Inc. and Taro Pharmaceutical Industries Ltd. have been navigating this financial landscape since 2014. Over the years, Taro has consistently maintained higher SG&A expenses, peaking at approximately $219 million in 2024, a staggering 172% increase from 2014. In contrast, Amphastar's expenses grew by about 99% over the same period, reaching around $80 million in 2023. This data suggests Taro's aggressive expansion strategy, while Amphastar appears more conservative. However, the absence of Amphastar's 2024 data leaves room for speculation. As these companies continue to evolve, their SG&A strategies will be pivotal in shaping their financial futures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025