Key Insights on Gross Profit: Bristol-Myers Squibb Company vs HUTCHMED (China) Limited

Bristol-Myers vs. HUTCHMED: A Decade of Profit Growth

__timestampBristol-Myers Squibb CompanyHUTCHMED (China) Limited
Wednesday, January 1, 20141194700000019764000
Thursday, January 1, 20151265100000067426000
Friday, January 1, 20161448100000059752000
Sunday, January 1, 20171471000000065383000
Monday, January 1, 20181601400000070165000
Tuesday, January 1, 20191806700000044738000
Wednesday, January 1, 20203074500000039457000
Friday, January 1, 20213644500000097894000
Saturday, January 1, 202236022000000115306000
Sunday, January 1, 202334313000000453552000
Monday, January 1, 202436351000000
Loading chart...

Unleashing insights

A Tale of Two Companies: Bristol-Myers Squibb vs. HUTCHMED

In the ever-evolving pharmaceutical landscape, Bristol-Myers Squibb Company and HUTCHMED (China) Limited present a fascinating study in contrasts. Over the past decade, Bristol-Myers Squibb has consistently demonstrated robust growth in gross profit, with a remarkable increase of nearly 187% from 2014 to 2023. This American pharmaceutical giant reached its peak in 2021, with gross profits soaring to over 36 billion dollars, showcasing its dominance in the industry.

Conversely, HUTCHMED, a key player in China's pharmaceutical sector, has shown a more modest trajectory. Despite a significant 2,194% increase in gross profit from 2014 to 2023, its figures remain a fraction of Bristol-Myers Squibb's. The year 2023 marked a high point for HUTCHMED, with gross profits reaching approximately 454 million dollars. This comparison highlights the diverse strategies and market dynamics influencing these two companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025