TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20242023202220212020
Revenue i42.0B40.1B43.7B43.1B34.6B
Cost of Goods Sold i18.7B18.0B19.1B18.5B15.0B
Gross Profit i23.2B22.1B24.5B24.5B19.6B
Gross Margin % i55.4%55.2%56.1%57.0%56.6%
Operating Expenses
Research & Development i2.8B2.7B2.9B2.7B2.4B
Selling, General & Administrative i11.7B10.9B11.2B11.3B9.7B
Other Operating Expenses i-----
Total Operating Expenses i14.5B13.7B14.1B14.1B12.1B
Operating Income i6.8B6.5B8.4B8.4B5.4B
Operating Margin % i16.3%16.2%19.2%19.6%15.5%
Non-Operating Items
Interest Income i344.0M385.0M183.0M43.0M46.0M
Interest Expense i559.0M637.0M558.0M533.0M546.0M
Other Non-Operating Income403.0M438.0M319.0M276.0M111.0M
Pre-tax Income i7.0B6.7B8.3B8.2B5.0B
Income Tax i-6.4B941.0M1.4B1.1B497.0M
Effective Tax Rate % i-91.1%14.1%16.5%13.9%10.0%
Net Income i13.4B5.7B6.9B7.1B4.5B
Net Margin % i31.9%14.3%15.9%16.4%13.0%
Key Metrics
EBITDA i10.8B10.6B12.1B12.3B8.8B
EPS (Basic) i$7.74$3.30$3.99$4.01$2.54
EPS (Diluted) i$7.64$3.26$3.91$3.94$2.50
Basic Shares Outstanding i17316979911734076358173779502117640821931771230274
Diluted Shares Outstanding i17316979911734076358173779502117640821931771230274

Income Statement Trend

Abbott Laboratories Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i7.6B6.9B9.9B9.8B6.8B
Short-term Investments i351.0M383.0M288.0M450.0M310.0M
Accounts Receivable i6.9B6.6B6.2B6.5B6.4B
Inventory i6.2B6.6B6.2B5.2B5.0B
Other Current Assets-----
Total Current Assets i23.7B22.7B25.2B24.2B20.4B
Non-Current Assets
Property, Plant & Equipment i15.5B15.2B14.2B13.5B0
Goodwill i52.9B56.2B56.1B59.2B62.3B
Intangible Assets i6.6B8.8B10.5B12.7B14.8B
Long-term Investments-----
Other Non-Current Assets16.5B7.1B12.1B10.4B7.5B
Total Non-Current Assets i57.8B50.5B49.2B51.0B52.1B
Total Assets i81.4B73.2B74.4B75.2B72.5B
Liabilities
Current Liabilities
Accounts Payable i4.2B4.3B4.6B4.4B3.9B
Short-term Debt i1.5B1.1B2.3B754.0M220.0M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i14.2B13.8B15.5B13.1B11.9B
Non-Current Liabilities
Long-term Debt i13.5B14.5B15.5B18.3B19.4B
Deferred Tax Liabilities i512.0M568.0M991.0M1.4B1.4B
Other Non-Current Liabilities3.4B3.5B3.8B3.7B3.7B
Total Non-Current Liabilities i19.4B20.5B22.0B26.1B27.6B
Total Liabilities i33.5B34.4B37.5B39.2B39.5B
Equity
Common Stock i25.2B24.9B24.7B24.5B24.1B
Retained Earnings i47.3B37.6B35.3B31.5B27.6B
Treasury Stock i16.8B16.0B15.2B11.8B10.0B
Other Equity-----
Total Shareholders Equity i47.9B38.8B36.9B36.0B33.0B
Key Metrics
Total Debt i15.0B15.6B17.7B19.0B19.6B
Working Capital i9.5B8.8B9.7B11.1B8.5B

Balance Sheet Composition

Abbott Laboratories Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i13.4B5.7B6.9B7.1B4.5B
Depreciation & Amortization i3.2B3.2B3.3B3.5B3.3B
Stock-Based Compensation i673.0M644.0M685.0M640.0M546.0M
Working Capital Changes i-393.0M-1.9B-1.4B-459.0M349.0M
Operating Cash Flow i16.9B7.7B9.4B10.8B8.7B
Investing Activities
Capital Expenditures i-2.2B-2.2B-1.8B-1.9B-2.2B
Acquisitions i1.0M-837.0M48.0M-53.0M16.0M
Investment Purchases i-169.0M-159.0M-185.0M-173.0M-83.0M
Investment Sales i28.0M43.0M152.0M77.0M10.0M
Investing Cash Flow i-2.3B-3.1B-1.7B-2.0B-2.2B
Financing Activities
Share Repurchases i-1.3B-1.2B-3.8B-2.3B-403.0M
Dividends Paid i-3.8B-3.6B-3.3B-3.2B-2.6B
Debt Issuance i223.0M2.0M7.0M4.0M1.3B
Debt Repayment i-660.0M-2.5B-753.0M-48.0M-1.3B
Financing Cash Flow i-5.7B-7.3B-7.8B-5.7B-3.0B
Free Cash Flow i6.4B5.1B7.8B8.6B5.7B
Net Change in Cash i8.9B-2.7B-102.0M3.0B3.5B

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
abt228.0B16.444.5130.93%32.43%26.50
Boston Scientific 152.2B60.806.7811.55%13.55%53.09
Stryker 144.4B50.166.8114.25%12.25%80.83
Medtronic plc 119.0B25.722.489.51%13.90%61.39
Edwards Lifesciences 45.6B32.504.3315.53%72.96%6.62
Dexcom 31.4B56.4612.2222.83%13.29%100.24

Financial data is updated regularly. All figures are in the company's reporting currency.