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

Merck vs Halozyme: A Decade of Profit Trends

__timestampHalozyme Therapeutics, Inc.Merck & Co., Inc.
Wednesday, January 1, 20145260200025469000000
Thursday, January 1, 201510581200024564000000
Friday, January 1, 201611348500025916000000
Sunday, January 1, 201728546100027347000000
Monday, January 1, 201814172600028785000000
Tuesday, January 1, 201915044600032728000000
Wednesday, January 1, 202022422700027900000000
Friday, January 1, 202136189700035078000000
Saturday, January 1, 202252081200041872000000
Sunday, January 1, 202363689200043989000000
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Igniting the spark of knowledge

A Tale of Two Giants: Merck & Co., Inc. vs Halozyme Therapeutics, Inc.

In the ever-evolving landscape of the pharmaceutical industry, the financial health of companies is a key indicator of their market position and potential for innovation. Over the past decade, Merck & Co., Inc. and Halozyme Therapeutics, Inc. have showcased contrasting trajectories in their gross profit trends. From 2014 to 2023, Merck's gross profit has consistently dwarfed that of Halozyme, with Merck's figures peaking at nearly 44 billion in 2023, a staggering 69 times higher than Halozyme's 637 million. However, Halozyme's growth rate is noteworthy, with a 1,110% increase over the same period, compared to Merck's 73% rise. This stark contrast highlights the different scales and growth strategies of these two industry players, offering insights into their operational efficiencies and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025