Gross Profit Analysis: Comparing Taro Pharmaceutical Industries Ltd. and MiMedx Group, Inc.

Taro vs. MiMedx: A Decade of Gross Profit Dynamics

__timestampMiMedx Group, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014105558000580006000
Thursday, January 1, 2015167094000676585000
Friday, January 1, 2016212608000778966000
Sunday, January 1, 2017285920000671251000
Monday, January 1, 2018322725000463508000
Tuesday, January 1, 2019256174000445724000
Wednesday, January 1, 2020208904000399725000
Friday, January 1, 2021215332000296656000
Saturday, January 1, 2022219525000293122000
Sunday, January 1, 2023266843000268323000
Monday, January 1, 2024304979000
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Data in motion

Gross Profit Trends: Taro Pharmaceutical vs. MiMedx Group

In the competitive landscape of pharmaceuticals, understanding financial health is crucial. This analysis delves into the gross profit trends of Taro Pharmaceutical Industries Ltd. and MiMedx Group, Inc. from 2014 to 2023. Taro consistently outperformed MiMedx, with its gross profit peaking in 2016 at approximately 780 million, a staggering 37% higher than MiMedx's peak in 2018. However, Taro's profits saw a decline, dropping by 65% from 2016 to 2023. MiMedx, on the other hand, experienced a more stable trajectory, with a 153% increase from 2014 to 2018, before stabilizing around 220 million in recent years. The data for 2024 is incomplete, but Taro shows signs of recovery. This comparison highlights the dynamic nature of the pharmaceutical industry, where strategic decisions and market conditions significantly impact financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025