Who Optimizes SG&A Costs Better? Arrowhead Pharmaceuticals, Inc. or Amphastar Pharmaceuticals, Inc.

SG&A Cost Optimization: Arrowhead vs. Amphastar

__timestampAmphastar Pharmaceuticals, Inc.Arrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 20144037300024419536
Thursday, January 1, 20154697400034718089
Friday, January 1, 20164729800040998209
Sunday, January 1, 20175091800032022880
Monday, January 1, 20185804400019110051
Tuesday, January 1, 20196310900026556257
Wednesday, January 1, 20206515700052275890
Friday, January 1, 20216892000080981000
Saturday, January 1, 202266592000124431000
Sunday, January 1, 20238039300090932000
Monday, January 1, 202498761000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Pharmaceuticals

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Arrowhead Pharmaceuticals, Inc. and Amphastar Pharmaceuticals, Inc. have demonstrated contrasting strategies in this area.

From 2014 to 2023, Amphastar's SG&A expenses grew steadily, peaking at approximately $80 million in 2023, reflecting a 99% increase from 2014. In contrast, Arrowhead's expenses surged dramatically, especially between 2020 and 2022, with a 138% increase, reaching a high of $124 million in 2022. This spike suggests aggressive investment in growth and expansion.

While Amphastar's consistent growth indicates a stable approach, Arrowhead's fluctuating expenses highlight a more dynamic strategy. The absence of data for Amphastar in 2024 suggests potential changes in their financial reporting or strategy. As these companies navigate the future, their ability to optimize SG&A costs will be pivotal in sustaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025