Who Optimizes SG&A Costs Better? Teva Pharmaceutical Industries Limited or Halozyme Therapeutics, Inc.

Teva vs. Halozyme: A Decade of SG&A Cost Strategies

__timestampHalozyme Therapeutics, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014359420005078000000
Thursday, January 1, 2015400280004717000000
Friday, January 1, 2016458530005096000000
Sunday, January 1, 2017538160004986000000
Monday, January 1, 2018608040004214000000
Tuesday, January 1, 2019772520003806000000
Wednesday, January 1, 2020457360003671000000
Friday, January 1, 2021503230003528000000
Saturday, January 1, 20221435260003445000000
Sunday, January 1, 20231491820003498000000
Monday, January 1, 20243702000000
Loading chart...

In pursuit of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Teva Pharmaceutical Industries Limited and Halozyme Therapeutics, Inc. have taken different paths in optimizing these costs.

A Decade of Change

From 2014 to 2023, Teva's SG&A expenses have decreased by approximately 31%, from $5.08 billion to $3.50 billion. This reduction reflects a strategic shift towards cost efficiency. In contrast, Halozyme's SG&A expenses have surged by over 300%, from $35.9 million to $149.2 million, indicating significant investment in growth and expansion.

Strategic Implications

Teva's cost-cutting measures may enhance short-term profitability, but Halozyme's increased spending could drive long-term growth. Investors should consider these strategies when evaluating potential returns. As the industry evolves, the ability to balance cost management with growth investment will be key to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025