Key Insights on Gross Profit: Bristol-Myers Squibb Company vs Taro Pharmaceutical Industries Ltd.

Bristol-Myers Squibb's profit soars, Taro's declines: A decade in review.

__timestampBristol-Myers Squibb CompanyTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201411947000000580006000
Thursday, January 1, 201512651000000676585000
Friday, January 1, 201614481000000778966000
Sunday, January 1, 201714710000000671251000
Monday, January 1, 201816014000000463508000
Tuesday, January 1, 201918067000000445724000
Wednesday, January 1, 202030745000000399725000
Friday, January 1, 202136445000000296656000
Saturday, January 1, 202236022000000293122000
Sunday, January 1, 202334313000000268323000
Monday, January 1, 202436351000000304979000
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Data in motion

A Tale of Two Pharmaceutical Giants: Bristol-Myers Squibb vs. Taro

In the ever-evolving pharmaceutical industry, understanding financial health is crucial. This analysis compares the gross profit trends of Bristol-Myers Squibb Company and Taro Pharmaceutical Industries Ltd. from 2014 to 2023. Bristol-Myers Squibb, a titan in the industry, showcased a remarkable growth trajectory, with gross profits peaking in 2021 at approximately 36 billion USD, a threefold increase from 2014. In contrast, Taro Pharmaceutical, a smaller player, experienced a decline, with profits dropping by over 50% from their 2016 peak. This stark contrast highlights Bristol-Myers Squibb's robust market strategies and adaptability, while Taro faces challenges in maintaining its financial momentum. The data for 2024 remains incomplete, leaving room for speculation on future trends. As the pharmaceutical landscape continues to shift, these insights offer a glimpse into the financial dynamics shaping the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025