Who Optimizes SG&A Costs Better? GSK plc or Halozyme Therapeutics, Inc.

GSK vs. Halozyme: A Decade of SG&A Cost Management

__timestampGSK plcHalozyme Therapeutics, Inc.
Wednesday, January 1, 2014824600000035942000
Thursday, January 1, 2015923200000040028000
Friday, January 1, 2016936600000045853000
Sunday, January 1, 2017967200000053816000
Monday, January 1, 2018991500000060804000
Tuesday, January 1, 20191140200000077252000
Wednesday, January 1, 20201145600000045736000
Friday, January 1, 20211097500000050323000
Saturday, January 1, 20228372000000143526000
Sunday, January 1, 20239385000000149182000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals and biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, GSK plc and Halozyme Therapeutics, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, GSK's SG&A expenses fluctuated, peaking in 2020 with a 39% increase from 2014, before dropping by 27% in 2022. Meanwhile, Halozyme's expenses grew steadily, with a notable 315% increase by 2023 compared to 2014. This divergence highlights GSK's focus on cost control amidst market challenges, while Halozyme's rising expenses reflect its aggressive growth strategy. Understanding these trends offers valuable insights into how these companies navigate financial management in a dynamic industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025