Who Generates Higher Gross Profit? Johnson & Johnson or HUTCHMED (China) Limited

Johnson & Johnson vs. HUTCHMED: A Profit Showdown

__timestampHUTCHMED (China) LimitedJohnson & Johnson
Wednesday, January 1, 20141976400051585000000
Thursday, January 1, 20156742600048538000000
Friday, January 1, 20165975200050205000000
Sunday, January 1, 20176538300051096000000
Monday, January 1, 20187016500054490000000
Tuesday, January 1, 20194473800054503000000
Wednesday, January 1, 20203945700054157000000
Friday, January 1, 20219789400055338000000
Saturday, January 1, 202211530600055394000000
Sunday, January 1, 202345355200058606000000
Monday, January 1, 202433879000000
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Cracking the code

A Tale of Two Giants: Johnson & Johnson vs. HUTCHMED (China) Limited

In the world of pharmaceuticals and healthcare, few names resonate as strongly as Johnson & Johnson. With a legacy spanning over a century, this American multinational has consistently demonstrated its prowess in generating substantial gross profits. From 2014 to 2023, Johnson & Johnson's gross profit has shown a steady upward trend, peaking at approximately $58.6 billion in 2023. This represents a remarkable growth of around 14% over the decade.

On the other hand, HUTCHMED (China) Limited, a rising star in the pharmaceutical industry, has also made significant strides. Despite being a smaller player, its gross profit surged by over 2,000% from 2014 to 2023, reaching $453 million. This growth underscores the dynamic nature of the global healthcare market, where emerging companies are making their mark.

While Johnson & Johnson remains a dominant force, HUTCHMED's impressive growth trajectory highlights the potential for innovation and expansion in the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025