Key Insights on Gross Profit: Bristol-Myers Squibb Company vs Bausch Health Companies Inc.

Bristol-Myers Squibb's Gross Profit Triumphs Over Bausch Health

__timestampBausch Health Companies Inc.Bristol-Myers Squibb Company
Wednesday, January 1, 2014600890000011947000000
Thursday, January 1, 2015785380000012651000000
Friday, January 1, 2016706300000014481000000
Sunday, January 1, 2017617600000014710000000
Monday, January 1, 2018602900000016014000000
Tuesday, January 1, 2019625100000018067000000
Wednesday, January 1, 2020577800000030745000000
Friday, January 1, 2021604000000036445000000
Saturday, January 1, 2022576000000036022000000
Sunday, January 1, 2023619800000034313000000
Monday, January 1, 202436351000000
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Unleashing insights

A Decade of Gross Profit: Bristol-Myers Squibb vs. Bausch Health

In the ever-evolving pharmaceutical industry, understanding financial health is crucial. Over the past decade, Bristol-Myers Squibb Company has consistently outperformed Bausch Health Companies Inc. in terms of gross profit. From 2014 to 2023, Bristol-Myers Squibb's gross profit surged by nearly 187%, peaking in 2021 with a remarkable $36 billion. In contrast, Bausch Health's growth was more modest, with a peak in 2015 at approximately $7.9 billion, reflecting a 31% increase from 2014.

Key Insights

Bristol-Myers Squibb's strategic acquisitions and robust product pipeline have fueled its financial ascent, particularly evident in the 2020-2021 period. Meanwhile, Bausch Health's steady performance highlights its resilience amidst market challenges. This comparative analysis underscores the importance of strategic innovation and market adaptation in achieving financial success in the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025