Who Optimizes SG&A Costs Better? Novo Nordisk A/S or Bausch Health Companies Inc.

SG&A Cost Optimization: Novo Nordisk vs. Bausch Health

__timestampBausch Health Companies Inc.Novo Nordisk A/S
Wednesday, January 1, 2014202630000026760000000
Thursday, January 1, 2015268270000032169000000
Friday, January 1, 2016281000000032339000000
Sunday, January 1, 2017258200000032124000000
Monday, January 1, 2018247300000033313000000
Tuesday, January 1, 2019255400000035830000000
Wednesday, January 1, 2020236700000036886000000
Friday, January 1, 2021262400000041058000000
Saturday, January 1, 2022262500000050684000000
Sunday, January 1, 2023291700000061598000000
Monday, January 1, 202467377000000
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Data in motion

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Novo Nordisk A/S and Bausch Health Companies Inc. have taken different paths in optimizing these costs. From 2014 to 2023, Novo Nordisk's SG&A expenses have surged by approximately 130%, reflecting its aggressive expansion and marketing strategies. In contrast, Bausch Health has maintained a more stable trajectory, with a modest increase of around 44% over the same period.

A Decade of Financial Strategy

Novo Nordisk's significant rise in SG&A expenses, peaking at over $61 billion in 2023, underscores its commitment to global market penetration. Meanwhile, Bausch Health's expenses, reaching nearly $3 billion, highlight a more conservative approach. This divergence in strategy offers a fascinating insight into how these industry giants balance growth and cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025