Zoetis Inc. vs Veracyte, Inc.: A Gross Profit Performance Breakdown

Zoetis vs. Veracyte: A Decade of Profit Growth

__timestampVeracyte, Inc.Zoetis Inc.
Wednesday, January 1, 2014215840003068000000
Thursday, January 1, 2015280060003027000000
Friday, January 1, 2016396230003222000000
Sunday, January 1, 2017437580003532000000
Monday, January 1, 2018589300003914000000
Tuesday, January 1, 2019838450004268000000
Wednesday, January 1, 2020760280004618000000
Friday, January 1, 20211451140005473000000
Saturday, January 1, 20221949540005626000000
Sunday, January 1, 20232481480005834000000
Monday, January 1, 20246537000000
ngram

A Tale of Two Companies: Zoetis Inc. and Veracyte, Inc.

In the ever-evolving landscape of the healthcare industry, Zoetis Inc. and Veracyte, Inc. have emerged as key players, each carving out a unique niche. Over the past decade, Zoetis Inc., a leader in animal health, has consistently demonstrated robust growth, with its gross profit soaring by nearly 90% from 2014 to 2023. In contrast, Veracyte, Inc., a pioneer in genomic diagnostics, has experienced a staggering 1,050% increase in gross profit over the same period, albeit from a smaller base.

A Decade of Growth

From 2014 to 2023, Zoetis Inc. maintained a steady upward trajectory, reflecting its strong market position and strategic expansions. Meanwhile, Veracyte, Inc.'s explosive growth underscores the rising demand for innovative diagnostic solutions. This comparison highlights the diverse strategies and market dynamics shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025