Who Optimizes SG&A Costs Better? Taro Pharmaceutical Industries Ltd. or Galapagos NV

SG&A Cost Management: Taro vs. Galapagos

__timestampGalapagos NVTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014907900091733000
Thursday, January 1, 20152030900087644000
Friday, January 1, 20161694500092365000
Sunday, January 1, 20172055900085656000
Monday, January 1, 20182964100088196000
Tuesday, January 1, 20198825800089971000
Wednesday, January 1, 202016217000093413000
Friday, January 1, 202116721800091355000
Saturday, January 1, 2022239528000113676000
Sunday, January 1, 202394252000198366000
Monday, January 1, 2024218935000
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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. Taro Pharmaceutical Industries Ltd. and Galapagos NV, two prominent players, have shown contrasting trends in their SG&A expenses from 2014 to 2023. Taro consistently maintained a more stable SG&A cost, averaging around 113 million annually, with a notable peak in 2024. In contrast, Galapagos NV experienced a dramatic rise, peaking in 2022 with a 239% increase from 2014, before a sharp decline in 2023. This fluctuation suggests Galapagos NV's aggressive expansion strategies, while Taro's steadiness reflects a more conservative approach. Understanding these trends offers valuable insights into each company's operational strategies and financial health. As the industry evolves, monitoring these expenses will be key to sustaining growth and competitiveness.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025