Cost of Revenue: Key Insights for Johnson & Johnson and Vertex Pharmaceuticals Incorporated

Comparative Cost Analysis: J&J vs. Vertex Pharmaceuticals

__timestampJohnson & JohnsonVertex Pharmaceuticals Incorporated
Wednesday, January 1, 20142274600000060987000
Thursday, January 1, 201521536000000125542000
Friday, January 1, 201621685000000210460000
Sunday, January 1, 201725354000000275119000
Monday, January 1, 201827091000000409539000
Tuesday, January 1, 201927556000000547758000
Wednesday, January 1, 202028427000000736300000
Friday, January 1, 202123402000000904200000
Saturday, January 1, 2022245960000001080300000
Sunday, January 1, 2023265530000001262200000
Monday, January 1, 2024274710000001530500000
Loading chart...

Data in motion

Cost of Revenue: A Comparative Analysis

In the ever-evolving landscape of the pharmaceutical industry, understanding the cost of revenue is crucial for evaluating a company's financial health. This analysis focuses on two giants: Johnson & Johnson and Vertex Pharmaceuticals Incorporated, from 2014 to 2023.

Johnson & Johnson: A Steady Climb

Johnson & Johnson, a stalwart in the healthcare sector, has seen its cost of revenue grow by approximately 17% over the past decade. Starting at around $22.7 billion in 2014, it peaked at $28.4 billion in 2020, reflecting its expansive operations and consistent market presence.

Vertex Pharmaceuticals: A Rapid Ascent

In contrast, Vertex Pharmaceuticals, known for its innovative treatments, has experienced a staggering 1,970% increase in its cost of revenue, from a modest $61 million in 2014 to $1.26 billion in 2023. This growth underscores Vertex's aggressive expansion and investment in cutting-edge research.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025