Zoetis Inc. vs Amicus Therapeutics, Inc.: SG&A Expense Trends

Zoetis vs Amicus: A Decade of SG&A Expense Evolution

__timestampAmicus Therapeutics, Inc.Zoetis Inc.
Wednesday, January 1, 2014207170001643000000
Thursday, January 1, 2015472690001532000000
Friday, January 1, 2016711510001364000000
Sunday, January 1, 2017886710001334000000
Monday, January 1, 20181272000001484000000
Tuesday, January 1, 20191698610001638000000
Wednesday, January 1, 20201564070001726000000
Friday, January 1, 20211927100002001000000
Saturday, January 1, 20222130410002009000000
Sunday, January 1, 20232752700002151000000
Monday, January 1, 20242318000000
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SG&A Expense Trends: Zoetis Inc. vs Amicus Therapeutics, Inc.

In the competitive landscape of the pharmaceutical industry, understanding the financial strategies of leading companies is crucial. Over the past decade, Zoetis Inc. and Amicus Therapeutics, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Zoetis Inc. consistently maintained higher SG&A expenses, peaking at approximately $2.15 billion in 2023, reflecting a strategic investment in market expansion and operational efficiency. In contrast, Amicus Therapeutics, Inc. exhibited a steady increase, with expenses rising from $20 million in 2014 to $275 million in 2023, marking a significant growth of over 1,200%. This divergence highlights Zoetis's established market presence and Amicus's aggressive growth strategy. As the industry evolves, these financial patterns offer insights into each company's priorities and potential future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025