4 ms·
> profit margins are insane - they are the highest in almost any business Profits kind of have to be high to attract and justify investment. Modest profit marg
by cheald 11y ago
> profit margins are insane - they are the highest in almost any business
Profits kind of have to be high to attract and justify investment. Modest profit margins can't attract multiple billions of dollars which will be tied up without return for 10+ years at a time.
Don't forget to include risk in your cost calculations.
(re: Pfizer, you cherry-picked that number. https://www.stock-analysis-on.net/NYSE/Company/Pfizer-Inc/Ratios/Profitability https://www.stock-analysis-on.net/NYSE/Company/Pfizer-Inc/Ra... shows wildly swinging profit margins year-by-year, almost certainly driven by the decades-long drug development and regulatory clearance cycles.)