Comparing Cost of Revenue Efficiency: Johnson & Johnson vs Vericel Corporation

Cost Efficiency: J&J vs. Vericel's Decade of Growth

__timestampJohnson & JohnsonVericel Corporation
Wednesday, January 1, 20142274600000017293000
Thursday, January 1, 20152153600000026470000
Friday, January 1, 20162168500000028307000
Sunday, January 1, 20172535400000030354000
Monday, January 1, 20182709100000032160000
Tuesday, January 1, 20192755600000037571000
Wednesday, January 1, 20202842700000039951000
Friday, January 1, 20212340200000050159000
Saturday, January 1, 20222459600000054577000
Sunday, January 1, 20232655300000061940000
Monday, January 1, 202427471000000
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Data in motion

A Tale of Two Companies: Cost of Revenue Efficiency

In the ever-evolving landscape of the healthcare and biotechnology sectors, understanding cost efficiency is paramount. Johnson & Johnson, a stalwart in the industry, showcases a robust cost of revenue, averaging around $24.9 billion annually from 2014 to 2023. This figure underscores their expansive operations and market dominance. In contrast, Vericel Corporation, a burgeoning player, reflects a more modest average of approximately $37.9 million over the same period.

A Decade of Growth and Efficiency

From 2014 to 2023, Johnson & Johnson's cost of revenue saw a steady increase, peaking in 2020 with a 28% rise from 2014. Meanwhile, Vericel Corporation experienced a remarkable growth trajectory, with a 258% increase in cost of revenue, highlighting their aggressive expansion and scaling efforts. This comparison not only illustrates the differing scales of these companies but also their strategic approaches to growth and efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025