SG&A Efficiency Analysis: Comparing Johnson & Johnson and Dr. Reddy's Laboratories Limited

SG&A Trends: Johnson & Johnson vs. Dr. Reddy's

__timestampDr. Reddy's Laboratories LimitedJohnson & Johnson
Wednesday, January 1, 20143878300000021954000000
Thursday, January 1, 20154258500000021203000000
Friday, January 1, 20164570200000019945000000
Sunday, January 1, 20174637200000021420000000
Monday, January 1, 20184691000000022540000000
Tuesday, January 1, 20194889000000022178000000
Wednesday, January 1, 20205012900000022084000000
Friday, January 1, 20215455900000020118000000
Saturday, January 1, 20226208100000019046000000
Sunday, January 1, 202310593100000020112000000
Monday, January 1, 20247720100000021969000000
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In pursuit of knowledge

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving pharmaceutical landscape, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Johnson & Johnson and Dr. Reddy's Laboratories Limited have showcased contrasting trends in their SG&A expenditures. From 2014 to 2023, Dr. Reddy's Laboratories saw a staggering 173% increase in SG&A expenses, peaking in 2023. In contrast, Johnson & Johnson maintained a relatively stable SG&A expenditure, with minor fluctuations around the $21 billion mark.

This divergence highlights differing strategic approaches. Dr. Reddy's aggressive expansion and market penetration efforts are evident, while Johnson & Johnson's steady approach suggests a focus on operational efficiency. Notably, the data for 2024 is incomplete, leaving room for speculation on future trends. As these industry titans continue to navigate global markets, their SG&A strategies will remain a key indicator of their competitive positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025