Comparing Revenue Performance: Zoetis Inc. or Teva Pharmaceutical Industries Limited?

Zoetis vs. Teva: A Decade of Revenue Shifts

__timestampTeva Pharmaceutical Industries LimitedZoetis Inc.
Wednesday, January 1, 2014202720000004785000000
Thursday, January 1, 2015196520000004765000000
Friday, January 1, 2016219030000004888000000
Sunday, January 1, 2017223850000005307000000
Monday, January 1, 2018188540000005825000000
Tuesday, January 1, 2019168870000006260000000
Wednesday, January 1, 2020166580000006675000000
Friday, January 1, 2021158780000007776000000
Saturday, January 1, 2022149250000008080000000
Sunday, January 1, 2023158460000008544000000
Monday, January 1, 2024165440000009256000000
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Cracking the code

A Decade of Revenue Trends: Zoetis Inc. vs. Teva Pharmaceutical Industries

In the ever-evolving pharmaceutical landscape, revenue performance is a key indicator of a company's market position and growth potential. Over the past decade, Zoetis Inc. and Teva Pharmaceutical Industries Limited have showcased contrasting revenue trajectories. From 2014 to 2023, Teva's revenue has seen a decline of approximately 22%, dropping from its peak in 2017. This downward trend reflects challenges in the generic drug market and increased competition.

Conversely, Zoetis Inc., a leader in animal health, has experienced a robust revenue growth of nearly 79% over the same period. This growth underscores the rising demand for veterinary products and Zoetis's strategic market expansions. By 2023, Zoetis's revenue reached its highest, highlighting its resilience and adaptability in a dynamic industry. As the pharmaceutical sector continues to evolve, these trends offer valuable insights into the strategic directions of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025