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2014 company profit margins: Drug companies are among the most profitable of any sector
Source: Yahoo! Finance
The profit margins at these companies would indicate that they have plenty of extra cash on hand for R&D. Pfizer, one of the world’s largest drug companies as measured by pharmaceutical revenue, for example, recorded a profit margin of 42 percent in 2013. Even without the $10 billion the company made from the spinoff of a subsidiary, Pfizer’s profit margin would still have been 24 percent that year. It fell to 18.69 percent in 2014, trailing Merck’s 26.98 percent and Novartis’s 38.41 percent. Gilead Sciences’s profit margin stood at a stunning 51.69 percent.
To put these numbers in perspective, the profit margin of the country’s largest health insurer, UnitedHealth Group, was 4.41 percent in 2014. Walmart’s was 3.32 percent, Apple’s was 22.53percent. (Más)
miércoles, 3 de mayo de 2017
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