Key Insights on Gross Profit: Merck & Co., Inc. vs Arrowhead Pharmaceuticals, Inc.

Merck vs Arrowhead: A Decade of Financial Growth

__timestampArrowhead Pharmaceuticals, Inc.Merck & Co., Inc.
Wednesday, January 1, 201417500025469000000
Thursday, January 1, 201538200024564000000
Friday, January 1, 201615833325916000000
Sunday, January 1, 20173140770927347000000
Monday, January 1, 20181614232128785000000
Tuesday, January 1, 201916879557732728000000
Wednesday, January 1, 20208799206627900000000
Friday, January 1, 202113828700035078000000
Saturday, January 1, 202223281000041872000000
Sunday, January 1, 202324073500043989000000
Monday, January 1, 20243551000
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Igniting the spark of knowledge

A Tale of Two Companies: Merck & Co., Inc. vs Arrowhead Pharmaceuticals, Inc.

In the ever-evolving pharmaceutical industry, the financial performance of companies can reveal much about their strategic direction and market position. Over the past decade, Merck & Co., Inc. has consistently demonstrated robust financial health, with its gross profit soaring from approximately $25 billion in 2014 to an impressive $44 billion by 2023. This represents a remarkable growth of nearly 76%, underscoring Merck's dominance and successful market strategies.

In contrast, Arrowhead Pharmaceuticals, Inc., a smaller player, has shown a different trajectory. Starting with a modest gross profit of $175,000 in 2014, Arrowhead experienced significant fluctuations, peaking at around $240 million in 2023. This growth, albeit from a smaller base, highlights Arrowhead's potential and adaptability in a competitive landscape. However, the data for 2024 remains incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025