Comparing Cost of Revenue Efficiency: Bristol-Myers Squibb Company vs Ligand Pharmaceuticals Incorporated

BMY vs. LGND: A Decade of Cost Efficiency

__timestampBristol-Myers Squibb CompanyLigand Pharmaceuticals Incorporated
Wednesday, January 1, 201439320000009136000
Thursday, January 1, 201539090000005807000
Friday, January 1, 201649460000005571000
Sunday, January 1, 201760660000005366000
Monday, January 1, 201865470000006337000
Tuesday, January 1, 2019807800000011347000
Wednesday, January 1, 20201177300000030419000
Friday, January 1, 2021994000000062176000
Saturday, January 1, 20221013700000052827000
Sunday, January 1, 20231069300000035049000
Monday, January 1, 202411949000000
Loading chart...

Igniting the spark of knowledge

A Tale of Two Companies: Cost of Revenue Efficiency

In the competitive landscape of pharmaceuticals, cost efficiency is paramount. Bristol-Myers Squibb Company (BMY) and Ligand Pharmaceuticals Incorporated (LGND) offer a fascinating study in contrasts. Over the past decade, BMY has consistently managed a cost of revenue that dwarfs LGND's by a staggering ratio of approximately 300:1. This disparity highlights BMY's expansive operations and market reach compared to LGND's more niche focus.

From 2014 to 2023, BMY's cost of revenue surged by 172%, peaking in 2020 with a 200% increase from its 2014 baseline. Meanwhile, LGND's cost of revenue, though significantly smaller, saw a remarkable 283% increase, reflecting its growth trajectory. This data underscores the diverse strategies and market positions of these two industry players. As the pharmaceutical sector evolves, understanding these dynamics is crucial for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025