Gross Profit Trends Compared: AbbVie Inc. vs United Therapeutics Corporation

Pharma Giants' Profit Battle: AbbVie vs United Therapeutics

__timestampAbbVie Inc.United Therapeutics Corporation
Wednesday, January 1, 2014155340000001162636000
Thursday, January 1, 2015183590000001396725000
Friday, January 1, 2016198050000001526100000
Sunday, January 1, 2017211760000001619600000
Monday, January 1, 2018250350000001429100000
Tuesday, January 1, 2019258270000001331200000
Wednesday, January 1, 2020304170000001375200000
Friday, January 1, 2021387510000001563000000
Saturday, January 1, 2022406400000001789600000
Sunday, January 1, 2023339030000002070000000
Monday, January 1, 202439430000000
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Cracking the code

Gross Profit Trends: AbbVie Inc. vs United Therapeutics Corporation

In the competitive landscape of the pharmaceutical industry, understanding financial performance is crucial. Over the past decade, AbbVie Inc. has demonstrated a robust growth trajectory in gross profit, with a remarkable 119% increase from 2014 to 2022. This growth peaked in 2022, reaching approximately $40.6 billion, before a slight dip in 2023. In contrast, United Therapeutics Corporation, while smaller in scale, has shown steady growth, with a 78% increase over the same period, culminating in a gross profit of around $2.07 billion in 2023.

Key Insights

  • AbbVie Inc.: Dominates with a gross profit consistently over 10 times that of United Therapeutics.
  • United Therapeutics: Despite its smaller size, it has maintained a steady upward trend, showcasing resilience and potential for future growth.

These trends highlight the dynamic nature of the pharmaceutical sector, where strategic innovation and market positioning are key to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025