Who Optimizes SG&A Costs Better? Pfizer Inc. or Taro Pharmaceutical Industries Ltd.

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

__timestampPfizer Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20141409700000091733000
Thursday, January 1, 20151480900000087644000
Friday, January 1, 20161483700000092365000
Sunday, January 1, 20171478400000085656000
Monday, January 1, 20181445500000088196000
Tuesday, January 1, 20191435000000089971000
Wednesday, January 1, 20201161500000093413000
Friday, January 1, 20211270300000091355000
Saturday, January 1, 202213677000000113676000
Sunday, January 1, 202314771000000198366000
Monday, January 1, 2024218935000
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Unleashing insights

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. Over the past decade, Pfizer Inc. and Taro Pharmaceutical Industries Ltd. have showcased contrasting strategies in this domain. From 2014 to 2023, Pfizer's SG&A expenses fluctuated, peaking in 2016 and 2023, with a notable dip in 2020. This reflects a strategic shift, possibly due to restructuring or market conditions. In contrast, Taro's SG&A costs remained relatively stable, with a significant increase in 2023, suggesting a potential expansion or increased operational costs.

Pfizer's expenses are approximately 150 times higher than Taro's, highlighting the scale difference between the two. However, Taro's recent surge in SG&A expenses, nearly doubling from 2022 to 2023, indicates a dynamic change in their operational strategy. Missing data for 2024 suggests ongoing developments worth monitoring.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025