Bristol-Myers Squibb Company vs United Therapeutics Corporation: A Gross Profit Performance Breakdown

Pharma Giants' Gross Profit Showdown: 2014-2023

__timestampBristol-Myers Squibb CompanyUnited Therapeutics Corporation
Wednesday, January 1, 2014119470000001162636000
Thursday, January 1, 2015126510000001396725000
Friday, January 1, 2016144810000001526100000
Sunday, January 1, 2017147100000001619600000
Monday, January 1, 2018160140000001429100000
Tuesday, January 1, 2019180670000001331200000
Wednesday, January 1, 2020307450000001375200000
Friday, January 1, 2021364450000001563000000
Saturday, January 1, 2022360220000001789600000
Sunday, January 1, 2023343130000002070000000
Monday, January 1, 202448300000000
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Igniting the spark of knowledge

A Tale of Two Titans: Bristol-Myers Squibb vs. United Therapeutics

In the competitive landscape of the pharmaceutical industry, Bristol-Myers Squibb Company and United Therapeutics Corporation have showcased contrasting trajectories in gross profit performance over the past decade. From 2014 to 2023, Bristol-Myers Squibb has consistently outperformed, with its gross profit peaking at approximately $36 billion in 2021, marking a staggering 200% increase from 2014. In contrast, United Therapeutics, while showing steady growth, reached its highest gross profit of around $2 billion in 2023, reflecting an 80% rise since 2014.

This divergence highlights Bristol-Myers Squibb's robust market strategies and product portfolio, which have propelled its financial success. Meanwhile, United Therapeutics' focused approach in niche markets has yielded moderate yet consistent growth. As the pharmaceutical sector evolves, these companies' financial narratives offer valuable insights into strategic positioning and market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025