Who Optimizes SG&A Costs Better? Pfizer Inc. or CymaBay Therapeutics, Inc.

Pfizer vs. CymaBay: A Decade of SG&A Cost Management

__timestampCymaBay Therapeutics, Inc.Pfizer Inc.
Wednesday, January 1, 2014818500014097000000
Thursday, January 1, 2015887100014809000000
Friday, January 1, 2016964500014837000000
Sunday, January 1, 20171238700014784000000
Monday, January 1, 20181438100014455000000
Tuesday, January 1, 20191923800014350000000
Wednesday, January 1, 20201742500011615000000
Friday, January 1, 20212304000012703000000
Saturday, January 1, 20222511600013677000000
Sunday, January 1, 20235195300014771000000
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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, Pfizer Inc. and CymaBay Therapeutics, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, Pfizer's SG&A expenses have remained relatively stable, averaging around $14 billion annually, with a slight dip in 2020. In contrast, CymaBay's expenses have shown a more dynamic trend, increasing by over 500% from 2014 to 2023. This growth reflects CymaBay's aggressive expansion strategy, while Pfizer's consistent expenses highlight its operational efficiency. As the industry evolves, these strategies will play a pivotal role in shaping each company's financial health and market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025