Pfizer Inc. and Teva Pharmaceutical Industries Limited: A Detailed Gross Profit Analysis

Pfizer vs. Teva: A Decade of Gross Profit Trends

__timestampPfizer Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 20144002800000011056000000
Thursday, January 1, 20153920300000011356000000
Friday, January 1, 20164049500000011859000000
Sunday, January 1, 20174130600000010825000000
Monday, January 1, 2018423990000008296000000
Tuesday, January 1, 2019415310000007536000000
Wednesday, January 1, 2020332160000007725000000
Friday, January 1, 2021504670000007594000000
Saturday, January 1, 2022659860000006973000000
Sunday, January 1, 2023288090000007646000000
Monday, January 1, 2024457760000008064000000
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Cracking the code

A Decade of Gross Profit: Pfizer vs. Teva

In the ever-evolving pharmaceutical industry, understanding financial trends is crucial. Over the past decade, Pfizer Inc. and Teva Pharmaceutical Industries Limited have showcased contrasting trajectories in gross profit. Pfizer's gross profit peaked in 2022, reaching approximately 66 billion, a remarkable 65% increase from 2014. However, 2023 saw a significant dip, dropping to around 29 billion, highlighting the volatility in the sector.

Conversely, Teva's journey has been more stable, albeit with a downward trend. From a high of nearly 12 billion in 2016, Teva's gross profit decreased by about 42% by 2023. This decline reflects broader challenges faced by generic drug manufacturers.

These insights underscore the dynamic nature of the pharmaceutical landscape, where strategic decisions and market forces shape financial outcomes. Investors and industry watchers should remain vigilant, as these trends offer a glimpse into the future of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025