
Abbott Laboratories (ABT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
10.4B
Gross Profit
5.9B
56.86%
Operating Income
1.7B
16.34%
Net Income
1.3B
12.79%
EPS (Diluted)
$0.76
Balance Sheet Metrics
Total Assets
81.4B
Total Liabilities
32.4B
Shareholders Equity
49.1B
Debt to Equity
0.66
Cash Flow Metrics
Operating Cash Flow
1.4B
Free Cash Flow
933.0M
Revenue & Profitability Trend
Abbott Laboratories Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 42.0B | 40.1B | 43.7B | 43.1B | 34.6B |
Cost of Goods Sold | 18.7B | 18.0B | 19.1B | 18.5B | 15.0B |
Gross Profit | 23.2B | 22.1B | 24.5B | 24.5B | 19.6B |
Gross Margin % | 55.4% | 55.2% | 56.1% | 57.0% | 56.6% |
Operating Expenses | |||||
Research & Development | 2.8B | 2.7B | 2.9B | 2.7B | 2.4B |
Selling, General & Administrative | 11.7B | 10.9B | 11.2B | 11.3B | 9.7B |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 14.5B | 13.7B | 14.1B | 14.1B | 12.1B |
Operating Income | 6.8B | 6.5B | 8.4B | 8.4B | 5.4B |
Operating Margin % | 16.3% | 16.2% | 19.2% | 19.6% | 15.5% |
Non-Operating Items | |||||
Interest Income | 344.0M | 385.0M | 183.0M | 43.0M | 46.0M |
Interest Expense | 559.0M | 637.0M | 558.0M | 533.0M | 546.0M |
Other Non-Operating Income | 403.0M | 438.0M | 319.0M | 276.0M | 111.0M |
Pre-tax Income | 7.0B | 6.7B | 8.3B | 8.2B | 5.0B |
Income Tax | -6.4B | 941.0M | 1.4B | 1.1B | 497.0M |
Effective Tax Rate % | -91.1% | 14.1% | 16.5% | 13.9% | 10.0% |
Net Income | 13.4B | 5.7B | 6.9B | 7.1B | 4.5B |
Net Margin % | 31.9% | 14.3% | 15.9% | 16.4% | 13.0% |
Key Metrics | |||||
EBITDA | 10.8B | 10.6B | 12.1B | 12.3B | 8.8B |
EPS (Basic) | $7.74 | $3.30 | $3.99 | $4.01 | $2.54 |
EPS (Diluted) | $7.64 | $3.26 | $3.91 | $3.94 | $2.50 |
Basic Shares Outstanding | 1731697991 | 1734076358 | 1737795021 | 1764082193 | 1771230274 |
Diluted Shares Outstanding | 1731697991 | 1734076358 | 1737795021 | 1764082193 | 1771230274 |
Income Statement Trend
Abbott Laboratories Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 7.6B | 6.9B | 9.9B | 9.8B | 6.8B |
Short-term Investments | 351.0M | 383.0M | 288.0M | 450.0M | 310.0M |
Accounts Receivable | 6.9B | 6.6B | 6.2B | 6.5B | 6.4B |
Inventory | 6.2B | 6.6B | 6.2B | 5.2B | 5.0B |
Other Current Assets | - | - | - | - | - |
Total Current Assets | 23.7B | 22.7B | 25.2B | 24.2B | 20.4B |
Non-Current Assets | |||||
Property, Plant & Equipment | 15.5B | 15.2B | 14.2B | 13.5B | 0 |
Goodwill | 52.9B | 56.2B | 56.1B | 59.2B | 62.3B |
Intangible Assets | 6.6B | 8.8B | 10.5B | 12.7B | 14.8B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 16.5B | 7.1B | 12.1B | 10.4B | 7.5B |
Total Non-Current Assets | 57.8B | 50.5B | 49.2B | 51.0B | 52.1B |
Total Assets | 81.4B | 73.2B | 74.4B | 75.2B | 72.5B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 4.2B | 4.3B | 4.6B | 4.4B | 3.9B |
Short-term Debt | 1.5B | 1.1B | 2.3B | 754.0M | 220.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 14.2B | 13.8B | 15.5B | 13.1B | 11.9B |
Non-Current Liabilities | |||||
Long-term Debt | 13.5B | 14.5B | 15.5B | 18.3B | 19.4B |
Deferred Tax Liabilities | 512.0M | 568.0M | 991.0M | 1.4B | 1.4B |
Other Non-Current Liabilities | 3.4B | 3.5B | 3.8B | 3.7B | 3.7B |
Total Non-Current Liabilities | 19.4B | 20.5B | 22.0B | 26.1B | 27.6B |
Total Liabilities | 33.5B | 34.4B | 37.5B | 39.2B | 39.5B |
Equity | |||||
Common Stock | 25.2B | 24.9B | 24.7B | 24.5B | 24.1B |
Retained Earnings | 47.3B | 37.6B | 35.3B | 31.5B | 27.6B |
Treasury Stock | 16.8B | 16.0B | 15.2B | 11.8B | 10.0B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 47.9B | 38.8B | 36.9B | 36.0B | 33.0B |
Key Metrics | |||||
Total Debt | 15.0B | 15.6B | 17.7B | 19.0B | 19.6B |
Working Capital | 9.5B | 8.8B | 9.7B | 11.1B | 8.5B |
Balance Sheet Composition
Abbott Laboratories Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 13.4B | 5.7B | 6.9B | 7.1B | 4.5B |
Depreciation & Amortization | 3.2B | 3.2B | 3.3B | 3.5B | 3.3B |
Stock-Based Compensation | 673.0M | 644.0M | 685.0M | 640.0M | 546.0M |
Working Capital Changes | -393.0M | -1.9B | -1.4B | -459.0M | 349.0M |
Operating Cash Flow | 16.9B | 7.7B | 9.4B | 10.8B | 8.7B |
Investing Activities | |||||
Capital Expenditures | -2.2B | -2.2B | -1.8B | -1.9B | -2.2B |
Acquisitions | 1.0M | -837.0M | 48.0M | -53.0M | 16.0M |
Investment Purchases | -169.0M | -159.0M | -185.0M | -173.0M | -83.0M |
Investment Sales | 28.0M | 43.0M | 152.0M | 77.0M | 10.0M |
Investing Cash Flow | -2.3B | -3.1B | -1.7B | -2.0B | -2.2B |
Financing Activities | |||||
Share Repurchases | -1.3B | -1.2B | -3.8B | -2.3B | -403.0M |
Dividends Paid | -3.8B | -3.6B | -3.3B | -3.2B | -2.6B |
Debt Issuance | 223.0M | 2.0M | 7.0M | 4.0M | 1.3B |
Debt Repayment | -660.0M | -2.5B | -753.0M | -48.0M | -1.3B |
Financing Cash Flow | -5.7B | -7.3B | -7.8B | -5.7B | -3.0B |
Free Cash Flow | 6.4B | 5.1B | 7.8B | 8.6B | 5.7B |
Net Change in Cash | 8.9B | -2.7B | -102.0M | 3.0B | 3.5B |
Cash Flow Trend
Abbott Laboratories Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.44
Forward P/E
25.39
Price to Book
4.51
Price to Sales
5.29
PEG Ratio
25.39
Profitability Ratios
Profit Margin
32.43%
Operating Margin
19.73%
Return on Equity
30.93%
Return on Assets
6.62%
Financial Health
Current Ratio
1.82
Debt to Equity
26.50
Beta
0.70
Per Share Data
EPS (TTM)
$7.97
Book Value per Share
$29.05
Revenue per Share
$24.78
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
abt | 228.0B | 16.44 | 4.51 | 30.93% | 32.43% | 26.50 |
Boston Scientific | 152.2B | 60.80 | 6.78 | 11.55% | 13.55% | 53.09 |
Stryker | 144.4B | 50.16 | 6.81 | 14.25% | 12.25% | 80.83 |
Medtronic plc | 119.0B | 25.72 | 2.48 | 9.51% | 13.90% | 61.39 |
Edwards Lifesciences | 45.6B | 32.50 | 4.33 | 15.53% | 72.96% | 6.62 |
Dexcom | 31.4B | 56.46 | 12.22 | 22.83% | 13.29% | 100.24 |
Financial data is updated regularly. All figures are in the company's reporting currency.