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Drug Companies Earn Up To Three Times Greater Rate-Of-Return Than Oil

Contributed by TSCL member, Russell Watson, Birmingham, AL.

Just how profitable are the big drug manufacturers? Over the past ten years, the leading drug manufacturers have posted returns two to three times higher than leading oil companies. Here are a few notable numbers:

Drug Companies vs. Oil Companies:

Average Annual 10 Year Rate-Of-Return*

Drug Company

 10 yr. Average 
Rate-Of-Return

Pfizer

 29.9%

Merck

 20.6%

Bristol Myers

 20.3%

Abbot

 18.0%

Lilly

 17.6%

Oil Company

Exxon Mobil

 16.9%

Chevron

 14.1%

Texaco

 11.0%

Phillips

 10.4%

Atlantic Richfield

 9.3%

*Source: Wall Street Journal, February 24, 2000


This article first appeared in Volume 6, Issue 1 of "The Social Security and Medicare Advisor" newsletter (November/2000).  To receive future editions of "The Advisor" in its special, free e-mail version, please click here.


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