ABBOTT LABORATORIES

10-K & 10-Q Filings

Abbott Laboratories is an Illinois corporation founded in 1900. Its principal business involves the discovery, development, manufacture, and sale of a diverse line of health care products. The company operates in four reportable segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment offers a broad range of branded generic pharmaceuticals outside the United States, primarily sold to wholesalers, distributors, and healthcare providers. The Diagnostic Products segment includes diagnostic systems and tests, molecular diagnostics, point-of-care systems, and informatics and automation solutions for laboratories. The Nutritional Products segment offers various forms of infant formula, adult and other pediatric nutritional products, and nutritional products used in enteral feeding in healthcare institutions. The Medical Devices segment includes rhythm management, electrophysiology, heart failure, vascular and structural heart devices, diabetes care products, and neuromodulation devices. Abbott's website is www.abbott.com, and its ticker symbol is ABT. The company's business strategy focuses on building strong brands, investing in research and development, and expanding its global reach. Its mission is to help people live their healthiest possible lives.

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, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$38851.26
39873.91
21848.00
20247.00
20405.00
20853.00
27390.00
30578.00
31904.00
34608.00
43075.00
43653.00
40109.00
9747.00
9964.00
0.27%2.23%Cost of Revenue (-)
$15540.58
15119.72
10040.00
9218.00
8747.00
9024.00
12337.00
12706.00
13231.00
15003.00
18537.00
19142.00
17975.00
4331.00
4463.00
1.22%3.05%Gross Profit (+)
$23310.68
24754.19
11808.00
11029.00
11658.00
11829.00
15053.00
17872.00
18673.00
19605.00
24538.00
24511.00
22134.00
5416.00
5501.00
-0.43%1.57%Selling, General & Administrative (-)
$12756.82
12059.50
6936.00
6530.00
6785.00
6672.00
9117.00
9744.00
9765.00
9696.00
11324.00
11248.00
10949.00
2762.00
2959.00
-1.27%7.13%Research & Development (-)
$4801.91
4610.18
1452.00
1345.00
1405.00
1422.00
2235.00
2300.00
2440.00
2420.00
2742.00
2888.00
2741.00
654.00
684.00
-4.56%4.59%Depreciation & Amortization (-)
$
2013.00
1966.00
491.00
472.00
-3.87%Operating Expenses (-)
$17558.73
16669.68
9179.00
8430.00
8791.00
8644.00
13327.00
14222.00
14141.00
14248.00
16113.00
16149.00
15656.00
3907.00
4115.00
-0.95%5.32%Costs & Expenses (Total) (-)
$33099.31
31789.40
19219.00
17648.00
17538.00
17668.00
25664.00
26928.00
27372.00
29251.00
34650.00
35291.00
33631.00
8238.00
8578.00
0.13%4.13%Operating Income/Loss (+)
$5751.95
8084.52
2629.00
2599.00
2867.00
3185.00
1726.00
3650.00
4532.00
5357.00
8425.00
8362.00
6478.00
1509.00
1386.00
1.00%-8.15%Non-operating Income/Expense (+)
$294.10
1404.04
-49.00
69.00
479.00
-1341.00
1409.00
49.00
215.00
157.00
319.00
502.00
823.00
206.00
191.00
8.95%-7.28%Interest Expense (-)
$530.14
592.40
157.00
150.00
163.00
431.00
904.00
826.00
670.00
546.00
533.00
558.00
637.00
153.00
141.00
1.54%-7.84%Earnings before Tax (+)
$5198.64
6262.61
2521.00
2518.00
3183.00
1413.00
2231.00
2873.00
4077.00
4968.00
8211.00
8306.00
6664.00
1562.00
1436.00
2.09%-8.07%Tax Expense (-)
$470.19
299.69
138.00
797.00
577.00
350.00
1878.00
539.00
390.00
497.00
1140.00
1373.00
941.00
244.00
211.00
5.95%-13.52%Income/Loss (Continuing Operations) (+)
$4728.45
5962.92
2383.00
1721.00
2606.00
1063.00
353.00
2334.00
3687.00
4471.00
7071.00
6933.00
5723.00
1318.00
1225.00
1.60%-7.06%Income/Loss (Discontinued Operations) (+)
$
193.00
563.00
1817.00
337.00
124.00
34.00
24.00
Net Income/Loss (+)
$4728.45
5962.92
2576.00
2284.00
4423.00
1400.00
477.00
2368.00
3687.00
4495.00
7071.00
6933.00
5723.00
1318.00
1225.00
1.60%-7.06%Net Income/Loss (Common) (+)
$4728.45
5962.92
2576.00
2284.00
4423.00
1400.00
477.00
2368.00
3687.00
4495.00
7071.00
6933.00
5723.00
1318.00
1225.00
1.60%-7.06%EPS (Basic)
$3.03
3.76
1.64
1.50
2.94
0.94
0.27
1.34
2.07
2.52
3.97
3.94
3.28
0.75
0.70
0.66%-6.67%EPS (Diluted)
$3.01
3.72
1.62
1.49
2.92
0.94
0.27
1.33
2.06
2.50
3.94
3.91
3.26
0.75
0.70
0.67%-6.67%Weighted Avg Shares (Basic)
1557.64
1575.38
1558.00
1516.00
1496.00
1477.00
1740.00
1758.00
1768.00
1773.00
1775.00
1753.00
1740.00
1741.74
1740.20
0.93%-0.09%Weighted Avg Shares (Diluted)
1567.39
1591.84
1574.00
1527.00
1506.00
1483.00
1749.00
1770.00
1781.00
1786.00
1789.00
1764.00
1749.00
1751.71
1749.65
0.92%-0.12%Cash
$6812.82
10802.16
3475.00
4063.00
5001.00
18620.00
9407.00
3844.00
3860.00
6838.00
9799.00
9882.00
6896.00
9161.00
6284.00
0.10%-31.40%Short-term Investments
$1284.54
4371.82
4623.00
397.00
1124.00
155.00
203.00
242.00
280.00
310.00
450.00
288.00
383.00
371.00
367.00
-9.59%-1.08%Receivables
$7683.92
7612.86
3986.00
3586.00
3418.00
3248.00
5249.00
5182.00
5425.00
6414.00
6487.00
6218.00
6565.00
6020.00
6605.00
-1.30%9.72%Inventory
$3284.25
3792.31
2693.00
2643.00
2599.00
2434.00
3601.00
3796.00
4316.00
5012.00
5157.00
6173.00
6570.00
6673.00
6827.00
5.95%2.31%Other Assets (Current)
$4703.25
4743.43
4470.00
4572.00
2013.00
2319.00
1687.00
1568.00
1786.00
1867.00
2346.00
2663.00
2256.00
2152.00
2293.00
-5.94%6.55%Assets (Current)
$23768.77
31322.58
19247.00
15261.00
14155.00
26776.00
20147.00
14632.00
15667.00
20441.00
24239.00
25224.00
22670.00
24377.00
22376.00
-0.39%-8.21%Securities & Long-term Investments
$378.23
273.60
119.00
229.00
4041.00
2947.00
883.00
897.00
883.00
821.00
816.00
766.00
799.00
776.00
818.00
6.43%5.41%Property, Plant & Equipment (Net)
$7873.95
8063.05
5905.00
5935.00
5730.00
5705.00
7607.00
7563.00
8038.00
9029.00
8959.00
9162.00
10154.00
9282.00
10107.00
2.14%8.89%Accumulated Depreciation
$10142.61
10865.84
6965.00
6697.00
6653.00
6661.00
7658.00
8143.00
8761.00
9764.00
10405.00
11050.00
11779.00
11323.00
11948.00
1.25%5.52%Goodwill & Intangibles
$25695.02
24362.41
15507.00
16265.00
15200.00
12222.00
45493.00
42196.00
40220.00
38528.00
35970.00
33253.00
32494.00
32933.00
31679.00
1.98%-3.81%Other Assets
$2560.92
3213.31
2175.00
3585.00
2121.00
5016.00
2120.00
1885.00
3079.00
3729.00
5212.00
6033.00
7097.00
6426.00
7487.00
8.87%16.51%Assets (Non-current)
$36508.12
35912.36
23706.00
26014.00
27092.00
25890.00
56103.00
52541.00
52220.00
52107.00
50957.00
49214.00
50544.00
49417.00
50091.00
2.75%1.36%Assets (Total)
$60276.89
67234.94
42953.00
41275.00
41247.00
52666.00
76250.00
67173.00
67887.00
72548.00
75196.00
74438.00
73214.00
73794.00
72467.00
1.63%-1.80%Accounts Payable
$4250.48
4101.52
2448.00
2472.00
2640.00
2509.00
4387.00
5025.00
5350.00
6522.00
7170.00
7393.00
7339.00
6487.00
6791.00
4.66%4.69%Debt (Current)
$3374.75
2390.66
3173.00
4437.00
3130.00
1325.00
714.00
207.00
1478.00
220.00
754.00
2251.00
1080.00
2285.00
2010.00
-9.06%-12.04%Other Liabilities (Current)
$7854.99
6787.99
3886.00
3623.00
3416.00
2826.00
3811.00
3780.00
4035.00
5165.00
5181.00
5845.00
5422.00
5758.00
5220.00
-3.04%-9.34%Liabilities (Current)
$15480.23
13280.18
9507.00
10532.00
9186.00
6660.00
8912.00
9012.00
10863.00
11907.00
13105.00
15489.00
13841.00
14530.00
14021.00
-0.93%-3.50%Debt (Non-current)
$12039.82
18085.30
3388.00
3408.00
5871.00
20681.00
27210.00
19359.00
16661.00
18527.00
17296.00
14522.00
13599.00
14615.00
12576.00
1.02%-13.95%Other Liabilities
$8230.70
9056.23
4791.00
5696.00
4864.00
4608.00
9030.00
8080.00
9062.00
9111.00
8771.00
7522.00
6947.00
7417.00
6827.00
-1.40%-7.95%Liabilities (Non-current)
$20270.52
27141.54
8179.00
9104.00
10735.00
25289.00
36240.00
27439.00
25723.00
27638.00
26067.00
22044.00
20546.00
22032.00
19403.00
0.11%-11.93%Liabilities (Total)
$35750.75
40421.71
17686.00
19636.00
19921.00
31949.00
45152.00
36451.00
36586.00
39545.00
39172.00
37533.00
34387.00
36562.00
33424.00
-0.32%-8.58%Treasury Stock
$3687.48
5590.91
-6844.00
8678.00
10622.00
10791.00
10225.00
9962.00
10147.00
10042.00
11822.00
15229.00
15981.00
15307.00
15761.00
13.00%2.97%Retained Earnings
$20907.36
24151.00
21979.00
22874.00
25757.00
25565.00
23978.00
24560.00
25847.00
27627.00
31528.00
35257.00
37554.00
35868.00
38011.00
5.00%5.97%AOCI
$-2597.18
-3593.68
-2012.00
-5053.00
-6658.00
-7263.00
-6062.00
-7586.00
-8465.00
-8946.00
-8374.00
-8051.00
-7839.00
-8039.00
-8166.00
-1.58%Shareholder's Equity
$24526.15
26813.23
25267.00
21639.00
21326.00
20717.00
31098.00
30722.00
31301.00
33003.00
36024.00
36905.00
38827.00
37232.00
39043.00
3.90%4.86%Liabilities & Equity
$60276.89
67234.94
42953.00
41275.00
41247.00
52666.00
76250.00
67173.00
67887.00
72548.00
75196.00
74438.00
73214.00
73794.00
72467.00
1.63%-1.80%Net Income/Loss
$4728.45
5962.92
2576.00
2284.00
4423.00
1400.00
477.00
2368.00
3687.00
4495.00
7071.00
6933.00
5723.00
1318.00
1225.00
1.60%-7.06%Depreciation & Amortization
$3043.89
2783.21
1719.00
1548.00
1472.00
1518.00
3026.00
3278.00
3014.00
3327.00
3538.00
3267.00
3243.00
806.00
805.00
0.53%-0.12%Increase/Decrease in Working Capital
$-1.07
1859.83
965.00
490.00
156.00
1513.00
-1915.00
148.00
1331.00
892.00
771.00
1519.00
2475.00
1262.00
1309.00
3.72%Share-based Compensation
$382.60
433.11
262.00
246.00
292.00
310.00
406.00
477.00
519.00
546.00
640.00
685.00
644.00
281.00
304.00
4.43%8.19%Adjustments to Reconcile Net Income
$4241.63
3351.48
748.00
1391.00
-1457.00
1803.00
5093.00
3932.00
2449.00
3406.00
3462.00
2648.00
1538.00
-175.00
-200.00
-8.11%-14.29%Net Cash (Operating)
$8970.08
9314.40
3324.00
3675.00
2966.00
3203.00
5570.00
6300.00
6136.00
7901.00
10533.00
9581.00
7261.00
1143.00
1025.00
-1.75%-10.32%Capital Expenditure
$2164.00
3022.76
-1725.00
4394.00
-945.00
1201.00
18318.00
1394.00
1638.00
2177.00
1885.00
1777.00
2202.00
380.00
398.00
0.15%4.74%Net Cash (Investing)
$260.83
-6081.29
-3929.00
-202.00
406.00
-248.00
-9618.00
-1356.00
-1815.00
-2215.00
-2008.00
-1740.00
-3133.00
-462.00
-425.00
8.01%Increase/Decrease in Debt
$-3977.11
4412.69
2398.00
766.00
1147.00
13155.00
-2942.00
-8450.00
-1599.00
-50.00
-248.00
47.00
21.00
-42.00
-127.00
-202.38%Increase/Decrease in Equity
$-77.01
-2364.24
1605.00
-2195.00
-2237.00
-692.00
-477.00
33.00
-420.00
-158.00
-2044.00
-3628.00
-1060.00
-478.00
-92.00
80.75%Interest Expenses
$544.56
575.89
148.00
182.00
166.00
181.00
917.00
845.00
677.00
549.00
544.00
563.00
662.00
1.64%Dividends Paid
$2938.10
3182.81
-882.00
1342.00
1443.00
1539.00
1849.00
1974.00
2270.00
2560.00
3202.00
3309.00
3556.00
890.00
957.00
1.60%7.53%Net Cash (Financing)
$-6023.45
716.09
-6696.00
-2742.00
-2236.00
11147.00
-5281.00
-10391.00
-4289.00
-2779.00
-5494.00
-7636.00
-7091.00
-1410.00
-1176.00
16.60%Cash Taxes Paid
$1781.60
1366.58
1039.00
448.00
631.00
620.00
570.00
740.00
930.00
970.00
1941.00
1864.00
1475.00
-1.56%Effect of Exchange Rate
$-43.01
40.14
-26.00
-143.00
-198.00
-483.00
116.00
-116.00
-16.00
71.00
-70.00
-122.00
-23.00
8.00
-36.00
-550.00%Increase/Decrease in Cash
$3164.45
3989.34
-7327.00
588.00
938.00
13619.00
-9213.00
-5563.00
16.00
2978.00
2961.00
83.00
-2986.00
-721.00
-612.00
15.12%Cash (Beginning)
$3648.37
6812.82
10802.00
3475.00
4063.00
5001.00
18620.00
9407.00
3844.00
3860.00
6838.00
9799.00
9882.00
9882.00
6896.00
8.66%-30.22%Cash (Ending)
$6812.82
10802.16
3475.00
4063.00
5001.00
18620.00
9407.00
3844.00
3860.00
6838.00
9799.00
9882.00
6896.00
9161.00
6284.00
0.10%-31.40%NOPAT
$3780.73
6320.37
3712.51
2136.59
3435.36
1787.48
1285.02
2709.87
3498.21
4311.05
6433.41
6485.43
5044.17
1273.28
1182.35
2.43%-7.14%Gross Margin %
60.00%
62.08%
54.05%
54.47%
57.13%
56.73%
54.96%
58.45%
58.53%
56.65%
56.97%
56.15%
55.18%
55.57%
55.21%
Operating Margin %
14.81%
20.28%
12.03%
12.84%
14.05%
15.27%
6.30%
11.94%
14.21%
15.48%
19.56%
19.16%
16.15%
15.48%
13.91%
NOPAT Margin %
9.73%
15.85%
16.99%
10.55%
16.84%
8.57%
4.69%
8.86%
10.96%
12.46%
14.94%
14.86%
12.58%
13.06%
11.87%
Net Margin %
12.17%
14.95%
11.79%
11.28%
21.68%
6.71%
1.74%
7.74%
11.56%
12.99%
16.42%
15.88%
14.27%
13.52%
12.29%
Tax Rate %
34.27%
21.82%
-41.21%
17.79%
-19.82%
43.88%
25.55%
25.76%
22.81%
19.52%
23.64%
22.44%
22.13%
15.62%
14.69%
ROA
6.27%
9.40%
8.64%
5.18%
8.33%
3.39%
1.69%
4.03%
5.15%
5.94%
8.56%
8.71%
6.89%
1.73%
1.63%
ROE
15.42%
23.57%
14.69%
9.87%
16.11%
8.63%
4.13%
8.82%
11.18%
13.06%
17.86%
17.57%
12.99%
3.42%
3.03%
ROIC
9.39%
15.67%
14.34%
8.16%
13.94%
8.21%
2.20%
4.94%
6.50%
8.08%
12.58%
13.27%
10.14%
2.74%
2.53%
Asset Turnover
0.64
0.59
0.51
0.49
0.49
0.40
0.36
0.46
0.47
0.48
0.57
0.59
0.55
0.13
0.14
Inventory Turnover
4.73
3.99
3.73
3.49
3.37
3.71
3.43
3.35
3.07
2.99
3.59
3.10
2.74
0.65
0.65
Equity Multiplier
2.46
2.51
1.70
1.91
1.93
2.54
2.45
2.19
2.17
2.20
2.09
2.02
1.89
1.98
1.86
Current Ratio
1.54
2.36
2.02
1.45
1.54
4.02
2.26
1.62
1.44
1.72
1.85
1.63
1.64
1.68
1.60
Quick Ratio
1.02
1.72
1.27
0.76
1.04
3.31
1.67
1.03
0.88
1.14
1.28
1.06
1.00
1.07
0.95
Debt/Equity Ratio
0.63
0.76
0.26
0.36
0.42
1.06
0.90
0.64
0.58
0.57
0.50
0.45
0.38
0.45
0.37
Interest Coverage Ratio
10.56
14.04
17.76
14.28
17.27
17.60
1.88
4.32
6.69
9.76
15.49
14.85
9.79
Working Capital/Sales
0.17
0.20
0.20
0.20
0.18
0.18
0.19
0.17
0.17
0.17
0.14
0.15
0.18
0.44
0.50
R&D/Sales
0.12
0.12
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.07
0.06
0.07
0.07
0.07
0.07
Dividend Payout Ratio %
77.71%
50.36%
-23.76%
62.81%
42.00%
86.10%
143.89%
72.84%
64.89%
59.38%
49.77%
51.02%
70.50%
69.90%
80.94%
Total Payout
$7536.77
1710.26
-4737.00
2953.00
2699.00
-10743.00
6185.00
11236.00
4966.00
3317.00
6038.00
7453.00
5257.00
1410.00
1176.00
-2.96%-16.60%Payout Ratio %
199.35%
27.06%
-127.60%
138.21%
78.57%
-601.01%
481.31%
414.63%
141.96%
76.94%
93.85%
114.92%
104.22%
110.74%
99.46%