Gross Profit Analysis: Comparing Ligand Pharmaceuticals Incorporated and Taro Pharmaceutical Industries Ltd.

Pharma Giants' Profit Battle: Ligand vs. Taro

__timestampLigand Pharmaceuticals IncorporatedTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201455402000580006000
Thursday, January 1, 201566107000676585000
Friday, January 1, 2016103402000778966000
Sunday, January 1, 2017135736000671251000
Monday, January 1, 2018245116000463508000
Tuesday, January 1, 2019108935000445724000
Wednesday, January 1, 2020156000000399725000
Friday, January 1, 2021214957000296656000
Saturday, January 1, 2022143418000293122000
Sunday, January 1, 202396265000268323000
Monday, January 1, 2024304979000
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Unveiling the hidden dimensions of data

Gross Profit Trends: Ligand Pharmaceuticals vs. Taro Pharmaceuticals

In the competitive landscape of pharmaceuticals, understanding financial health is crucial. This analysis delves into the gross profit trends of Ligand Pharmaceuticals Incorporated and Taro Pharmaceutical Industries Ltd. from 2014 to 2023. Over this period, Taro consistently outperformed Ligand, with gross profits peaking in 2016 at approximately 779 million, a staggering 650% higher than Ligand's peak in 2018. However, Taro's profits have shown a declining trend, dropping by 65% from 2016 to 2023. Ligand, on the other hand, experienced a more volatile journey, with a significant 340% increase from 2014 to 2018, followed by a 60% decline by 2023. Notably, data for Ligand in 2024 is missing, indicating potential reporting delays or strategic shifts. This comparative analysis highlights the dynamic nature of the pharmaceutical industry and the importance of strategic financial planning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025