Zoetis Inc. and Alkermes plc: A Detailed Gross Profit Analysis

Zoetis vs. Alkermes: A Decade of Profit Growth

__timestampAlkermes plcZoetis Inc.
Wednesday, January 1, 20141709140003068000000
Thursday, January 1, 20151449420003027000000
Friday, January 1, 20162264240003222000000
Sunday, January 1, 20173357370003532000000
Monday, January 1, 20184924480003914000000
Tuesday, January 1, 20194777290004268000000
Wednesday, January 1, 20204658520004618000000
Friday, January 1, 20215698380005473000000
Saturday, January 1, 20228936870005626000000
Sunday, January 1, 202314103680005834000000
Monday, January 1, 202413123010006537000000
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Data in motion

A Tale of Two Companies: Zoetis Inc. vs. Alkermes plc

In the ever-evolving landscape of the pharmaceutical industry, Zoetis Inc. and Alkermes plc have carved distinct paths over the past decade. From 2014 to 2023, Zoetis Inc. consistently outperformed Alkermes plc in terms of gross profit, showcasing a robust growth trajectory. By 2023, Zoetis Inc.'s gross profit surged by nearly 90% from its 2014 figures, reaching approximately 5.8 billion, while Alkermes plc experienced a remarkable 726% increase, albeit from a smaller base, culminating in a gross profit of around 1.4 billion.

This analysis highlights Zoetis Inc.'s steady dominance, with its gross profit consistently exceeding Alkermes plc's by a factor of 5 to 20 times. Meanwhile, Alkermes plc's impressive growth rate underscores its potential in the market. As the pharmaceutical sector continues to innovate, these companies exemplify diverse strategies for success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025