Gross Profit Trends Compared: Johnson & Johnson vs Halozyme Therapeutics, Inc.

Comparing Profit Growth: J&J vs. Halozyme

__timestampHalozyme Therapeutics, Inc.Johnson & Johnson
Wednesday, January 1, 20145260200051585000000
Thursday, January 1, 201510581200048538000000
Friday, January 1, 201611348500050205000000
Sunday, January 1, 201728546100051096000000
Monday, January 1, 201814172600054490000000
Tuesday, January 1, 201915044600054503000000
Wednesday, January 1, 202022422700054157000000
Friday, January 1, 202136189700055338000000
Saturday, January 1, 202252081200055394000000
Sunday, January 1, 202363689200058606000000
Monday, January 1, 202485590700033879000000
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Infusing magic into the data realm

Gross Profit Trends: A Tale of Two Companies

In the ever-evolving landscape of the pharmaceutical and biotechnology sectors, the financial trajectories of industry giants like Johnson & Johnson and emerging players such as Halozyme Therapeutics, Inc. offer a fascinating study. Over the past decade, from 2014 to 2023, Johnson & Johnson has consistently demonstrated robust financial health, with its gross profit peaking at approximately $58.6 billion in 2023, marking a steady growth of around 14% from 2014. In contrast, Halozyme Therapeutics, Inc. has shown a remarkable growth trajectory, with its gross profit surging by over 1,100% during the same period, reaching $637 million in 2023. This stark contrast highlights the dynamic nature of the industry, where established firms maintain steady growth, while innovative companies can experience exponential increases. As the market continues to evolve, these trends underscore the importance of strategic innovation and market adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025