GILEAD SCIENCES, INC.

10-K & 10-Q Filings

Gilead Sciences, Inc. is a biopharmaceutical company that discovers, develops, and delivers innovative medicines and therapies to transform care for people around the world. The company's primary business areas are viral diseases, oncology, and inflammatory diseases. Its products include treatments for HIV, viral hepatitis, COVID-19, and cancer. Some of its well-known products are Biktarvy, Descovy, Epclusa, Harvoni, Veklury, and Yescarta. Gilead also invests in research and development, with a focus on transformative science and building a sustainable and diverse portfolio. The company's website is www.gilead.com, and its stock ticker is GILD.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$8385.39
9702.52
11201.69
24890.00
32639.00
30390.00
26107.00
22127.00
22449.00
24689.00
27305.00
27281.00
27116.00
10.27%-0.60%Cost of Revenue (-)
$2124.41
2471.36
2858.50
3788.00
4006.00
4261.00
4371.00
4853.00
4675.00
4572.00
6601.00
5657.00
6498.00
9.76%14.87%Gross Profit (+)
$6260.98
7231.15
8343.19
21102.00
28633.00
26129.00
21736.00
17274.00
17774.00
20117.00
20704.00
21624.00
20618.00
10.44%-4.65%Selling, General & Administrative (-)
$1241.98
1461.03
1699.43
2983.00
3426.00
3398.00
3878.00
4056.00
4381.00
5151.00
5246.00
5673.00
6090.00
14.17%7.35%Research & Development (-)
$1229.15
1759.94
2119.76
2854.00
3014.00
5098.00
3734.00
5018.00
9106.00
5039.00
5363.00
5921.00
6873.00
15.42%16.08%Non-recurring Operating Expenses (-)
$
2700.00
50.00
-98.15%Operating Expenses (-)
$2471.13
3220.98
3819.19
5837.00
6440.00
8496.00
7612.00
9074.00
13487.00
16046.00
10786.00
14294.00
13013.00
14.85%-8.96%Costs & Expenses (Total) (-)
$4595.54
5692.34
6677.69
9625.00
10446.00
12757.00
11983.00
13927.00
18162.00
20618.00
17387.00
19951.00
19511.00
12.81%-2.21%Operating Income/Loss (+)
$3789.84
4010.18
4524.00
15265.00
22193.00
17633.00
14124.00
8200.00
4287.00
4071.00
9918.00
7330.00
7605.00
5.98%3.75%Non-operating Income/Expense (+)
$66.58
-37.28
-8.89
3.00
154.00
428.00
523.00
676.00
1868.00
-1418.00
-639.00
-581.00
198.00
9.51%134.08%Interest Expense (-)
$205.42
360.92
306.89
412.00
688.00
964.00
1118.00
1077.00
995.00
984.00
1001.00
935.00
944.00
13.55%0.96%Earnings before Tax (+)
$3651.00
3611.98
4208.22
14856.00
21659.00
17097.00
13529.00
7799.00
5160.00
1669.00
8278.00
5814.00
6859.00
5.40%17.97%Tax Expense (-)
$861.95
1038.38
1150.93
2797.00
3553.00
3609.00
8885.00
2339.00
-204.00
1580.00
2077.00
1248.00
1247.00
3.13%-0.08%Income/Loss (Continuing Operations) (+)
$2789.06
2573.60
3057.29
12059.00
18106.00
13488.00
4644.00
5460.00
5364.00
89.00
6201.00
4566.00
5612.00
6.00%22.91%Profit/Loss (+)
$2789.06
2573.60
3057.29
12059.00
18106.00
13488.00
4644.00
5460.00
5364.00
89.00
6201.00
4566.00
5613.00
6.00%22.93%Net Income/Loss (NCI) (-)
$14.58
-17.97
-17.52
-42.00
-2.00
-13.00
16.00
5.00
-22.00
-34.00
-24.00
-26.00
-52.00
-100.00%Net Income/Loss (+)
$2803.64
2591.57
3074.81
12101.00
18108.00
13501.00
4628.00
5455.00
5386.00
123.00
6225.00
4592.00
5665.00
6.04%23.37%Net Income/Loss (Common) (+)
$2803.64
2591.57
3074.81
12101.00
18108.00
13501.00
4628.00
5455.00
5386.00
123.00
6225.00
4592.00
5665.00
6.04%23.37%EPS (Basic)
$3.62
1.71
2.01
7.95
12.37
10.08
3.54
4.20
4.24
0.10
4.96
3.66
4.54
1.91%24.04%EPS (Diluted)
$3.55
1.64
1.81
7.35
11.91
9.94
3.51
4.17
4.22
0.10
4.93
3.64
4.50
2.00%23.63%Weighted Avg Shares (Basic)
774.90
1514.62
1528.62
1522.00
1464.00
1339.00
1307.00
1298.00
1270.00
1257.00
1256.00
1255.00
1248.00
4.05%-0.56%Weighted Avg Shares (Diluted)
790.12
1582.55
1694.75
1647.00
1521.00
1358.00
1319.00
1308.00
1277.00
1263.00
1262.00
1262.00
1258.00
3.95%-0.32%Cash
$9883.78
1803.69
2112.81
10027.00
12851.00
8229.00
7588.00
17940.00
11631.00
5997.00
5338.00
5412.00
6085.00
-3.96%12.44%Short-term Investments
$16.49
58.56
18.76
101.00
1756.00
3666.00
17922.00
12149.00
12721.00
1411.00
1182.00
973.00
1179.00
42.73%21.17%Receivables
$1951.17
1751.39
2100.29
4635.00
5854.00
4514.00
3851.00
3327.00
3582.00
4892.00
4493.00
4777.00
4660.00
7.52%-2.45%Inventory
$1389.98
1744.98
2055.79
1386.00
1955.00
1587.00
801.00
814.00
922.00
1683.00
1618.00
1507.00
1787.00
2.12%18.58%Prepaid Expenses (Current)
$342.37
535.09
563.66
585.00
1519.00
1592.00
1661.00
1606.00
1440.00
2013.00
2141.00
1774.00
2374.00
17.51%33.82%Other Assets (Current)
$335.00
262.64
422.45
980.00
828.00
857.00
Assets (Current)
$13918.78
6156.35
7273.75
17714.00
24763.00
20445.00
31823.00
35836.00
30296.00
15996.00
14772.00
14443.00
16085.00
1.21%11.37%Securities & Long-term Investments
$63.70
719.84
439.03
1598.00
11601.00
20485.00
11184.00
1423.00
1488.00
502.00
1309.00
1245.00
1163.00
27.38%-6.59%Property, Plant & Equipment (Net)
$774.41
1100.26
1166.18
1674.00
2276.00
2865.00
3295.00
4006.00
4502.00
4967.00
5121.00
5475.00
5317.00
17.42%-2.89%Goodwill & Intangibles
$
12797.31
13069.13
12245.00
11419.00
10143.00
21259.00
19855.00
17903.00
41234.00
41787.00
37208.00
34768.00
-6.56%Other Assets
$2546.24
466.08
548.69
1433.00
1780.00
3039.00
2722.00
2555.00
7438.00
5708.00
4963.00
4800.00
4792.00
5.41%-0.17%Assets (Non-current)
$3384.35
15083.49
15223.03
16950.00
27076.00
36532.00
38460.00
27839.00
31331.00
52411.00
53180.00
48728.00
46040.00
24.30%-5.52%Assets (Total)
$17303.13
21239.84
22496.78
34664.00
51839.00
56977.00
70283.00
63675.00
61627.00
68407.00
67952.00
63171.00
62125.00
11.24%-1.66%Accounts Payable
$1922.51
1577.46
1510.31
1376.00
4350.00
3996.00
4184.00
3929.00
3787.00
5180.00
6850.00
905.00
550.00
-9.90%-39.23%Debt (Current)
$1.57
1169.49
2697.04
483.00
983.00
2747.00
2748.00
2499.00
2757.00
1516.00
2273.00
1798.00
79.83%-20.90%Other Liabilities (Current)
$590.71
1523.07
2118.07
3902.00
4558.00
5223.00
4704.00
3928.00
3473.00
3460.00
3244.00
8059.00
8932.00
25.40%10.83%Liabilities (Current)
$2514.79
4270.02
6325.42
5761.00
9891.00
9219.00
11635.00
10605.00
9759.00
11397.00
11610.00
11237.00
11280.00
13.32%0.38%Debt (Non-current)
$7605.73
7054.56
3938.71
11921.00
21195.00
26346.00
30795.00
24574.00
22094.00
28645.00
25179.00
22957.00
23189.00
9.73%1.01%Other Liabilities
$315.26
364.39
424.32
1148.00
1638.00
2049.00
7352.00
6962.00
7124.00
10144.00
10099.00
7768.00
4907.00
25.70%-36.83%Liabilities (Non-current)
$7921.00
7418.95
4363.03
13069.00
22833.00
28395.00
38147.00
31536.00
29218.00
38789.00
35278.00
30725.00
28096.00
11.13%-8.56%Liabilities (Total)
$10435.78
11688.97
10688.45
18830.00
32724.00
37614.00
49782.00
42141.00
38977.00
50186.00
46888.00
41962.00
39376.00
11.70%-6.16%Retained Earnings
$1776.76
3704.74
6105.24
12732.00
18001.00
18154.00
19012.00
19024.00
19388.00
14381.00
16324.00
15687.00
16304.00
20.29%3.93%AOCI
$58.20
-45.62
-124.45
301.00
88.00
278.00
165.00
80.00
85.00
-60.00
83.00
2.00
28.00
-5.92%1300.00%Shareholder's Equity
$6867.35
9550.87
11744.50
15819.00
19113.00
19363.00
20501.00
21534.00
22650.00
18221.00
21064.00
21209.00
22749.00
10.50%7.26%Liabilities & Equity
$17303.13
21239.84
22496.78
34664.00
51839.00
56977.00
70283.00
63675.00
61627.00
68407.00
67952.00
63171.00
62125.00
11.24%-1.66%Net Income/Loss
$2789.06
2573.60
3057.29
12059.00
18106.00
13488.00
4644.00
5460.00
5364.00
89.00
6201.00
4566.00
5613.00
6.00%22.93%Depreciation & Amortization
$302.23
278.21
344.70
1050.00
1098.00
1158.00
1286.00
1429.00
1404.00
1480.00
2050.00
2103.00
2693.00
19.99%28.06%Increase/Decrease in Working Capital
$-284.40
-137.67
660.86
754.00
-766.00
-1243.00
-5026.00
650.00
4137.00
190.00
-983.00
1106.00
2136.00
93.13%Share-based Compensation
$192.38
208.72
251.98
360.00
382.00
380.00
638.00
845.00
636.00
643.00
635.00
637.00
766.00
12.20%20.25%Adjustments to Reconcile Net Income
$849.95
621.12
47.70
759.00
2223.00
3181.00
7254.00
2940.00
3780.00
8079.00
5183.00
4506.00
2392.00
9.01%-46.92%Net Cash (Operating)
$3639.01
3194.72
3104.99
12818.00
20329.00
16669.00
11898.00
8400.00
9144.00
8168.00
11384.00
9072.00
8006.00
6.79%-11.75%Capital Expenditure
$720.51
11148.68
569.43
557.00
747.00
748.00
11016.00
924.00
825.00
26392.00
1981.00
2525.00
1737.00
7.61%-31.21%Net Cash (Investing)
$3589.84
-11846.05
-254.35
-1823.00
-12475.00
-11985.00
-16069.00
14355.00
-7817.00
-14615.00
-3131.00
-2466.00
-2265.00
8.15%Increase/Decrease in Debt
$4009.15
-1839.32
-4439.97
-4779.00
-997.00
-1981.00
-1811.00
-6250.00
-2750.00
-2500.00
-4750.00
-1500.00
-2250.00
-50.00%Increase/Decrease in Equity
$-2171.39
-200.76
-269.28
-5018.00
-9683.00
-10793.00
-720.00
-2611.00
-1540.00
-1327.00
-377.00
-1087.00
-768.00
29.35%Interest Expenses
$62.18
249.36
238.32
330.00
529.00
885.00
1038.00
1070.00
982.00
951.00
979.00
907.00
891.00
24.84%-1.76%Dividends Paid
$
1874.00
2455.00
2731.00
2971.00
3222.00
3449.00
3605.00
3709.00
3809.00
2.70%Net Cash (Financing)
$1763.57
563.35
-2543.94
-3025.00
-4963.00
-9347.00
3393.00
-12318.00
-7634.00
770.00
-8877.00
-6469.00
-5125.00
20.78%Cash Taxes Paid
$621.02
1101.24
1050.59
2060.00
3137.00
2436.00
3342.00
3198.00
1793.00
2639.00
2509.00
3136.00
5758.00
20.39%83.61%Effect of Exchange Rate
$-16.53
7.91
2.42
-56.00
-67.00
41.00
137.00
-85.00
-2.00
43.00
-35.00
-63.00
57.00
190.48%Increase/Decrease in Cash
$8975.90
-8080.08
309.11
7914.00
2824.00
-4622.00
-641.00
10352.00
-6309.00
-5634.00
-659.00
74.00
673.00
-19.42%809.46%Cash (Beginning)
$907.88
9883.78
1803.69
2113.00
10027.00
12851.00
8229.00
7588.00
17940.00
11631.00
5997.00
5338.00
5412.00
16.04%1.39%Cash (Ending)
$9883.78
1803.69
2112.81
10027.00
12851.00
8229.00
7588.00
17940.00
11631.00
5997.00
5338.00
5412.00
6085.00
-3.96%12.44%NOPAT
$3145.20
2787.53
3394.58
13148.29
18978.66
15120.63
10635.02
4837.57
4456.49
-2366.01
6911.93
3376.29
1220.75
-7.58%-63.84%Gross Margin %
74.67%
74.53%
74.48%
84.78%
87.73%
85.98%
83.26%
78.07%
79.18%
81.48%
75.82%
79.26%
76.04%
Operating Margin %
45.20%
41.33%
40.39%
61.33%
68.00%
58.02%
54.10%
37.06%
19.10%
16.49%
36.32%
26.87%
28.05%
NOPAT Margin %
37.51%
28.73%
30.30%
52.83%
58.15%
49.76%
40.74%
21.86%
19.85%
-9.58%
25.31%
12.38%
4.50%
Net Margin %
33.43%
26.71%
27.45%
48.62%
55.48%
44.43%
17.73%
24.65%
23.99%
0.50%
22.80%
16.83%
20.89%
Tax Rate %
17.01%
30.49%
24.97%
13.87%
14.48%
14.25%
24.70%
41.01%
-3.95%
158.12%
30.31%
53.94%
83.95%
ROA
18.18%
13.12%
15.09%
37.93%
36.61%
26.54%
15.13%
7.60%
7.23%
-3.46%
10.17%
5.34%
1.96%
ROE
45.80%
29.19%
28.90%
83.12%
99.30%
78.09%
51.88%
22.46%
19.68%
-12.99%
32.81%
15.92%
5.37%
ROIC
102.16%
16.83%
19.39%
66.79%
96.54%
88.26%
39.47%
18.66%
17.78%
-4.70%
13.99%
6.96%
2.62%
Asset Turnover
0.48
0.46
0.50
0.72
0.63
0.53
0.37
0.35
0.36
0.36
0.40
0.43
0.44
Inventory Turnover
1.53
1.42
1.39
2.73
2.05
2.68
5.46
5.96
5.07
2.72
4.08
3.75
3.64
Equity Multiplier
2.52
2.22
1.92
2.19
2.71
2.94
3.43
2.96
2.72
3.75
3.23
2.98
2.73
Current Ratio
5.53
1.44
1.15
3.07
2.50
2.22
2.74
3.38
3.10
1.40
1.27
1.29
1.43
Quick Ratio
4.71
0.85
0.67
2.56
2.07
1.78
2.52
3.15
2.86
1.08
0.95
0.99
1.06
Debt/Equity Ratio
1.11
0.86
0.57
0.78
1.16
1.36
1.64
1.27
1.09
1.72
1.27
1.19
1.10
Interest Coverage Ratio
60.95
16.08
18.98
46.26
41.95
19.92
13.61
7.66
4.37
4.28
10.13
8.08
8.54
Working Capital/Sales
0.27
0.27
0.29
0.23
0.18
0.14
0.09
0.09
0.12
0.17
0.09
0.21
0.24
R&D/Sales
0.15
0.18
0.19
0.11
0.09
0.17
0.14
0.23
0.41
0.20
0.20
0.22
0.25
Dividend Payout Ratio %
9.87%
16.24%
25.68%
61.42%
72.30%
145.77%
52.16%
109.85%
312.02%
Total Payout
$-1775.58
2289.44
4947.57
10127.00
13083.00
16114.00
6300.00
12902.00
8494.00
8227.00
9711.00
7203.00
7718.00
7.15%Payout Ratio %
-56.45%
82.13%
145.75%
77.02%
68.94%
106.57%
59.24%
266.70%
190.60%
347.72%
140.50%
213.34%
632.24%