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Gilead Sciences, Inc.
Previous close
$88.82
Day range
$88.19 - $89.57
Year range
$62.07 - $89.71
Market cap
111.44B USD
Avg Volume
6.02M
P/E ratio
109.28
Dividend yield
3.44%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 6.95B | 5.36% |
Operating expense | 2.72B | -16.35% |
Net income | 1.61B | 54.45% |
Net profit margin | 23.21 | 46.53% |
Earnings per share | 2.01 | 50.00% |
EBITDA | 3.39B | 30.73% |
Effective tax rate | 21.34% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 3.78B | -46.73% |
Total assets | 53.58B | -14.05% |
Total liabilities | 35.38B | -14.21% |
Total equity | 18.20B | — |
Shares outstanding | 1.24B | — |
Price to book | 6.05 | — |
Return on assets | 12.25% | — |
Return on capital | 15.99% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 1.61B | 54.45% |
Cash from operations | 1.32B | -43.33% |
Cash from investing | -307.00M | 36.44% |
Cash from financing | -2.95B | -168.21% |
Net change in cash | -1.95B | -353.39% |
Free cash flow | 1.84B | -43.92% |
About
Gilead Sciences, Inc. is an American biopharmaceutical company headquartered in Foster City, California, that focuses on researching and developing antiviral drugs used in the treatment of HIV/AIDS, hepatitis B, hepatitis C, influenza, and COVID-19, including ledipasvir/sofosbuvir and sofosbuvir. Gilead is a member of the Nasdaq-100 and the S&P 100.
Gilead was founded in 1987 under the name Oligogen by Michael L. Riordan. The original name was a reference to oligonucleotides, small strands of DNA used to target genetic sequences. Gilead held its initial public offering in 1992, and successfully developed drugs like Tamiflu and Vistide that decade.
In the 2000s, Gilead received approval for drugs including Viread and Hepsera, among others. It began evolving from a biotechnology company into a pharmaceutical company, acquiring several subsidiaries, though it still relied heavily on contracting to manufacture its drugs.
The company continued its growth in the 2010s. However, it came under heavy scrutiny over its business practices, including extremely high pricing of drugs such as Sovaldi and Truvada in the United States relative to production cost and cost in the developing world. Wikipedia
CEO
Founded
Jun 22, 1987
Headquarters
Website
Employees
18,000