Who Generates Higher Gross Profit? Biogen Inc. or Grifols, S.A.

Biogen's Gross Profit Dominance Over Grifols: A Decade in Review

__timestampBiogen Inc.Grifols, S.A.
Wednesday, January 1, 201485322880001699214000
Thursday, January 1, 201595234000001930998000
Friday, January 1, 201699701000001912291000
Sunday, January 1, 2017106439000002152011000
Monday, January 1, 2018116366000002049560000
Tuesday, January 1, 2019124225000002341232000
Wednesday, January 1, 2020116394000002255165000
Friday, January 1, 202188720000001962596000
Saturday, January 1, 202278951000002231530000
Sunday, January 1, 202373022000002322701000
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Unlocking the unknown

Biogen Inc. vs. Grifols, S.A.: A Decade of Gross Profit Analysis

In the competitive landscape of the pharmaceutical industry, understanding who leads in profitability can offer valuable insights. Over the past decade, Biogen Inc. has consistently outperformed Grifols, S.A. in terms of gross profit. From 2014 to 2023, Biogen's gross profit peaked in 2019, reaching approximately 12.4 billion, while Grifols' highest was around 2.3 billion in the same year. Despite a decline in Biogen's profits by 41% from 2019 to 2023, it still maintained a higher average gross profit, nearly five times that of Grifols. This trend highlights Biogen's robust market position, although recent years show a narrowing gap. As the industry evolves, these financial dynamics could shift, making it crucial for investors and analysts to keep a close watch on future developments.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025