Who Generates Higher Gross Profit? Novartis AG or Arrowhead Pharmaceuticals, Inc.

Novartis vs. Arrowhead: A Decade of Gross Profit Comparison

__timestampArrowhead Pharmaceuticals, Inc.Novartis AG
Wednesday, January 1, 201417500036289000000
Thursday, January 1, 201538200032983000000
Friday, January 1, 201615833331916000000
Sunday, January 1, 20173140770932960000000
Monday, January 1, 20181614232134759000000
Tuesday, January 1, 201916879557734252000000
Wednesday, January 1, 20208799206634777000000
Friday, January 1, 202113828700037010000000
Saturday, January 1, 202223281000036342000000
Sunday, January 1, 202324073500034188000000
Monday, January 1, 2024355100038895000000
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Cracking the code

A Tale of Two Companies: Novartis AG vs. Arrowhead Pharmaceuticals, Inc.

In the competitive landscape of the pharmaceutical industry, gross profit is a key indicator of a company's financial health and market position. Over the past decade, Novartis AG has consistently outperformed Arrowhead Pharmaceuticals, Inc. in terms of gross profit. From 2014 to 2023, Novartis AG's gross profit has remained robust, averaging around $34.5 billion annually, with a peak of approximately $37 billion in 2021. In contrast, Arrowhead Pharmaceuticals, Inc. has shown significant growth, albeit on a smaller scale, with gross profits increasing from a modest $175,000 in 2014 to over $240 million in 2023. This represents a staggering growth rate of over 137,000% for Arrowhead. Despite this impressive growth, Novartis AG's financial prowess remains unmatched, highlighting the scale and reach of this pharmaceutical giant. Missing data for 2024 suggests a need for further updates to maintain accurate insights.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025