| Market cap | $190.11B | 
|---|---|
| Enterprise value | $191.85B | 
| Revenue | $40.326B | 
|---|---|
| EBITDA | $8.302B | 
| Income | $5.630B | 
| Revenue Q/Q | 2.23% | 
| Revenue Y/Y | -2.84% | 
| P/E | 31.62 | 
|---|---|
| Forward P/E | 21.91 | 
| EV/Sales | 4.76 | 
| EV/EBITDA | 23.11 | 
| EV/EBIT | 26.78 | 
| PEG | 18.23 | 
| Price/Sales | 4.71 | 
| P/FCF | 38.62 | 
| Price/Book | 4.90 | 
| Book/Share | 20.86 | 
| Cash/Share | 3.91 | 
| FCF yield | 2.59% | 
| Volume | 4.066M / 7.982M | 
|---|---|
| Relative vol. | 0.51 × | 
| EPS | 3.23 | 
|---|---|
| EPS Q/Q | -17.86% | 
| Est. EPS Q/Q | -31.06% | 
| Profit margin | 14.27% | 
|---|---|
| Oper. margin | 15.76% | 
| Gross margin | 55.18% | 
| EBIT margin | 17.76% | 
| EBITDA margin | 20.59% | 
| Ret. on assets | 7.74% | 
|---|---|
| Ret. on equity | 14.72% | 
| ROIC | 9.89% | 
| ROCE | 12.26% | 
| Debt/Equity | 0.89 | 
|---|---|
| Net debt/EBITDA | 3.92 | 
| Current ratio | 1.60 | 
| Quick ratio | 1.11 | 
| Volatility | 1.69% | 
|---|---|
| Beta | 0.38 | 
| RSI | 40.94 | 
|---|
| Insider ownership | 0.73% | 
|---|---|
| Inst. ownership | 75.68% | 
| Shares outst. | 1.740B | 
|---|---|
| Shares float | 0.000 0.00% | 
| Short % of float | 0.82% | 
| Short ratio | 2.49 | 
| Dividend | $2.12 | 
|---|---|
| Dividend yield | 2.04% | 
| Payout ratio | 65.63% | 
| Payment date | 15 Aug 2024 | 
| Ex-dividend date | 15 Jul 2024 | 
| Earnings date | 18 Jul 2024 | 
| 
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| Insider | Trans. Transaction | Total value | 
|---|---|---|
| Jr. Robert E. Funck, Executive Vice President | Option 10 May 2024 | $474,559 | 
| Lisa D Earnhardt Executive Vice President | Sale 7 May 2024 | $2,428,025 | 
| Daniel Gesua Sive Salvadori Executive Vice President | Sale 29 Feb 2024 | $114,116 | 
| Louis H. Morrone Executive Vice President | Sale 29 Feb 2024 | $94,919 | 
| Mary K Moreland Executive Vice President | Sale 29 Feb 2024 | $80,106 | 
| John A. Jr. Mccoy VICE PRESIDENT | Sale 29 Feb 2024 | $55,932 | 
| Lisa D Earnhardt Executive Vice President | Sale 29 Feb 2024 | $82,239 | 
| Hubert L Allen Executive Vice President | Sale 29 Feb 2024 | $101,081 | 
| Andrea F Wainer Executive Vice President | Option 23 Feb 2024 | $749,250 | 
| Andrea F Wainer Executive Vice President | Option 29 Jan 2024 | $2,159,000 | 
| Andrea F Wainer Executive Vice President | Option 14 Dec 2023 | $666,000 | 
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Robintrack.
Price target
Current $102.12
Average $120.31
Low $107
High $130
Dividends
| Ex-dividend date | 15 Jul 2024 | Frequency | Quarterly | Annual dividend | +8.51% | 
|---|---|---|---|---|---|
| Next dividend | 15 Aug 2024 | Dividend yield | 2.04% | Growth period | 10 years | 
| Last dividend date | Yield 3 years | 1.87% | Growth 3 years | +12.31% | |
| Last dividend | Yield 5 years | 1.64% | Growth 5 years | +12.74% | 
| Insider | Age | Since | Compensation | 
|---|---|---|---|
| Miles White (65) Executive Chairman of the Board since 2020 | 65 | 2020 | $27,802,800 | 
| Robert Ford (46) President, Chief Executive Officer, and Director since 2020 | 46 | 2020 | $11,897,900 | 
| Lisa Earnhardt (50) Executive Vice President - Medical Devices since 2019 | 50 | 2019 | $7,478,840 | 
| Hubert Allen (54) Executive Vice President, General Counsel, and Secretary since 2013 | 54 | 2013 | $7,317,780 | 
| Miles D. White M.B.A. (65) Exec. Chairman | 65 | $6,970,034 | |
| Daniel Salvadori (41) Executive Vice President - Nutritional Products since 2017 | 41 | 2017 | $6,767,810 | 
| Robert B. Ford (47) Chairman, Pres, and CEO | 47 | $5,051,334 | |
| John Capek (58) Executive Vice President - Ventures since 2015 | 58 | 2015 | $3,765,920 | 
| Robert E. Funck Jr. (60) Exec. VP of Fin. and CFO | 60 | $2,430,522 | |
| Hubert L. Allen (55) Exec. VP, Gen. Counsel, and Sec. | 55 | $1,823,642 | |
| Daniel Gesua Sive Salvadori (42) Exec. VP, Group Pres of Established Pharmaceuticals, and Nutritional Products | 42 | $1,694,921 | |
| John F. Ginascol (62) Exec. VP of Core Diagnostics | 62 | $1,678,298 | |
| Robert Alpern (69) Independent Director since 2008 | 69 | 2008 | $390,233 | 
| Sally Blount (58) Independent Director since 2011 | 58 | 2011 | $336,265 | 
| Glenn Tilton (71) Independent Director since 2007 | 71 | 2007 | $331,910 | 
| Samuel Scott (75) Independent Director since 2007 | 75 | 2007 | $331,910 | 
| William Osborn (72) Lead Independent Director since 2013 | 72 | 2013 | $330,910 | 
| Roxanne Austin (59) Independent Director since 2000 | 59 | 2000 | $326,910 | 
| Edward Liddy (73) Independent Director since 2010 | 73 | 2010 | $325,910 | 
| Phebe Novakovic (62) Independent Director since 2010 | 62 | 2010 | $315,910 | 
| Nancy McKinstry (61) Independent Director since 2011 | 61 | 2011 | $306,910 | 
| Michelle Kumbier (52) Independent Director since 2018 | 52 | 2018 | $306,910 | 
| John Stratton (59) Independent Director since 2017 | 59 | 2017 | $300,910 | 
| Daniel Starks (65) Independent Director since 2017 | 65 | 2017 | $300,910 | 
| Darren McDew (59) Independent Director since 2019 | 59 | 2019 | $31,500 | 
| Randel Woodgrift (58) Senior Vice President - CRM since 2019 | 58 | 2019 | |
| Alejandro Wellisch (45) Senior Vice President - Established Pharmaceuticals and Latin America since 2017 | 45 | 2017 | |
| Jared Watkin (52) Senior Vice President - Diabetes Care since 2015 | 52 | 2015 | |
| Christopher Scoggins (50) Senior Vice President - Rapid Diagnostics since 2019 | 50 | 2019 | |
| Michael Pederson (58) Senior Vice President - Electrophysiology and Heart Failure since 2019 | 58 | 2019 | |
| Joseph Manning (51) Senior Vice President - Nutrition International since 2017 | 51 | 2017 | |
| Sammy Karam (58) Senior Vice President - Established Pharmaceuticals and Emerging Markets since 2019 | 58 | 2019 | |
| Michael Dale (60) Senior Vice President - Structural Heart since 2019 | 60 | 2019 | |
| Jaime Contreras (63) Senior Vice President - Core Laboratory Diagnostics and Commercial Operations since 2013 | 63 | 2013 | |
| Charles Brynelsen (63) Senior Vice President - Abbott Vascular since 2017 | 63 | 2017 | |
| Roger Bird (63) Senior Vice President - U.S. Nutrition since 2015 | 63 | 2015 | |
| Andrea Wainer (51) Executive Vice President - Rapid and Molecular Diagnostics since 2019 | 51 | 2019 | |
| Andrew Lane (49) Executive Vice President - Established Pharmaceuticals since 2017 | 49 | 2017 | |
| John Ginascol (61) Executive Vice President - Core Diagnostics since 2019 | 61 | 2019 | |
| Mary Moreland (53) Executive Vice President of Human Resources since 2019 | 53 | 2019 | |
| Robert Funck (58) Chief Financial Officer and Executive Vice President - Finance since 2020 | 58 | 2020 | |
| Gregory A. Ahlberg (53) Sr. VP of Core Laboratory Diagnostics and Commercial Operations | 53 | ||
| Elaine R. Leavenworth (62) Sr. VP, Chief Marketing, and External Affairs Officer | 62 | ||
| Melissa Brotz | |||
| James E. Young | |||
| Scott Michael Leinenweber (49) VP of Investor Relations, Licensing, and Acquisitions | 49 | 
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States.
- Health Care > Health Care Equipment
- Abbott Laboratories, 100 Abbott Park Road, North Chicago 60064-6400, United States
- 224 667 6100
- Investor relations
Dividends
| Ex-dividend date | 15 Jul 2024 | Frequency | Quarterly | Annual dividend | +8.51% | 
|---|---|---|---|---|---|
| Next dividend | 15 Aug 2024 | Dividend yield | 2.04% | Growth period | 10 years | 
| Last dividend date | Yield 3 years | 1.87% | Growth 3 years | +12.31% | |
| Last dividend | Yield 5 years | 1.64% | Growth 5 years | +12.74% | 
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $6,284 | $7,279 | |||
| Short term investments | $367 | ||||
| Net receivables | $6,605 | $6,565 | |||
| Inventory | $6,827 | $6,570 | |||
| Total current assets | $22,376 | $22,670 | |||
| Long term investments | $818 | $799 | |||
| Property, plant & equipment | $10,107 | $10,154 | |||
| Goodwill & intangible assets | $31,679 | $32,494 | |||
| Total noncurrent assets | $50,091 | $50,544 | |||
| Total investments | $1,185 | $799 | |||
| Total assets | $72,467 | $73,214 | |||
| Current liabilities | |||||
| Accounts payable | $4,178 | $4,295 | |||
| Deferred revenue | |||||
| Short long term debt | $2,010 | $1,080 | |||
| Total current liabilities | $14,021 | $13,841 | |||
| Long term debt | $12,576 | $13,599 | |||
| Total noncurrent liabilities | $19,403 | $20,546 | |||
| Total debt | $14,586 | $14,679 | |||
| Total liabilities | $33,424 | $34,387 | |||
| Stockholders' equity | |||||
| Retained earnings | $38,011 | $37,554 | |||
| Other stockholder equity | -$8,166 | -$7,839 | |||
| Total stockholder equity | $39,043 | $38,827 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7,279 | $10,170 | ||
| Short term investments | ||||
| Net receivables | $6,565 | $6,218 | ||
| Inventory | $6,570 | $6,173 | ||
| Total current assets | $22,670 | $25,224 | ||
| Long term investments | $799 | $766 | ||
| Property, plant & equipment | $10,154 | $9,162 | ||
| Goodwill & intangible assets | $32,494 | $33,253 | ||
| Total noncurrent assets | $50,544 | $49,214 | ||
| Total investments | $799 | $766 | ||
| Total assets | $73,214 | $74,438 | ||
| Current liabilities | ||||
| Accounts payable | $4,295 | $4,607 | ||
| Deferred revenue | ||||
| Short long term debt | $1,080 | $2,251 | ||
| Total current liabilities | $13,841 | $15,489 | ||
| Long term debt | $13,599 | $14,522 | ||
| Total noncurrent liabilities | $20,546 | $22,044 | ||
| Total debt | $14,679 | $16,773 | ||
| Total liabilities | $34,387 | $37,533 | ||
| Stockholders' equity | ||||
| Retained earnings | $37,554 | $35,257 | ||
| Other stockholder equity | -$7,839 | -$8,051 | ||
| Total stockholder equity | $38,827 | $36,905 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $9,964 | $10,241 | |||
| Cost of revenue | $4,463 | $4,556 | |||
| Gross profit | $5,501 | $5,685 | |||
| Operating activities | |||||
| Research & development | $684 | $700 | |||
| Selling, general & administrative | $2,959 | $2,724 | |||
| Total operating expenses | $4,115 | $3,905 | |||
| Operating income | $1,386 | $1,780 | |||
| Income from continuing operations | |||||
| EBIT | $1,577 | $1,954 | |||
| Income tax expense | $211 | $201 | |||
| Interest expense | $141 | $159 | |||
| Net income | |||||
| Net income | $1,225 | $1,594 | |||
| Income (for common shares) | $1,225 | $1,594 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $40,109 | $43,653 | ||
| Cost of revenue | $17,975 | $19,142 | ||
| Gross profit | $22,134 | $24,511 | ||
| Operating activities | ||||
| Research & development | $2,741 | $2,888 | ||
| Selling, general & administrative | $10,949 | $11,248 | ||
| Total operating expenses | $15,656 | $16,149 | ||
| Operating income | $6,478 | $8,362 | ||
| Income from continuing operations | ||||
| EBIT | $7,301 | $8,864 | ||
| Income tax expense | $941 | $1,373 | ||
| Interest expense | $637 | $558 | ||
| Net income | ||||
| Net income | $5,723 | $6,933 | ||
| Income (for common shares) | $5,723 | $6,933 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $1,225 | $1,594 | |||
| Operating activities | |||||
| Depreciation | $805 | $813 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $304 | $114 | |||
| Total cash flows from operations | $1,025 | $3,038 | |||
| Investing activities | |||||
| Capital expenditures | -$398 | -$755 | |||
| Investments | -$28 | -$71 | |||
| Total cash flows from investing | -$425 | -$824 | |||
| Financing activities | |||||
| Dividends paid | -$957 | -$888 | |||
| Sale and purchase of stock | -$92 | -$225 | |||
| Net borrowings | -$127 | -$939 | |||
| Total cash flows from financing | -$1,176 | -$2,052 | |||
| Effect of exchange rate | -$36 | $25 | |||
| Change in cash and equivalents | -$612 | $187 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $5,723 | $6,933 | ||
| Operating activities | ||||
| Depreciation | $3,243 | $3,267 | ||
| Business acquisitions & disposals | -$837 | $48 | ||
| Stock-based compensation | $644 | $685 | ||
| Total cash flows from operations | $7,261 | $9,581 | ||
| Investing activities | ||||
| Capital expenditures | -$2,202 | -$1,777 | ||
| Investments | -$116 | -$33 | ||
| Total cash flows from investing | -$3,133 | -$1,740 | ||
| Financing activities | ||||
| Dividends paid | -$3,556 | -$3,309 | ||
| Sale and purchase of stock | -$1,060 | -$3,628 | ||
| Net borrowings | -$2,475 | -$699 | ||
| Total cash flows from financing | -$7,091 | -$7,636 | ||
| Effect of exchange rate | -$23 | -$122 | ||
| Change in cash and equivalents | -$2,986 | $83 | ||
Recent institutional transactions
| Quarter | Shareholder | Change | Shares owned Shares | Value (in thousands USD) | 
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As | +16.96%
 | 526,909 | $54,751,114 | 
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc | -81.63%
 | 14,532 | $1,509,943 | 
| 2024 Q2 | Massmutual Trust Co Fsb/adv | +54.08%
 | 65,920 | $6,849,747 | 
| 2024 Q2 | First Financial Bank - Trust Division | -5.49%
 | 118,953 | $12,360,410 | 
| 2024 Q2 | Appleton Partners Inc/ma | -13.69%
 | 14,692 | $1,527 | 
| 2024 Q2 | Woodstock Corp | +1.31%
 | 130,691 | $13,580,102 | 
| 2024 Q2 | Trust Co Of Toledo Na oh/ | +1.26%
 | 73,107 | $7,596,548 | 
| 2024 Q2 | Moody National Bank Trust Division | +0.25%
 | 18,941 | $1,968,160 | 
| 2024 Q2 | General Partner | +0.50%
 | 6,455 | $670,739 | 
| 2024 Q1 | Winslow Capital Management | Opened
 | 2,484,543 | $282,393,157 | 
Institutional shareholders
| Shareholder | Stake | Shares owned Shares | Value (in thousands USD) | 
|---|---|---|---|
| Metatron Capital Sicav PLC | 101.65% | 1,768,286,969 | |
| Geode Capital Management | 1.89% | 32,853,400 | |
| Bank Of New York Mellon Corp | 0.85% | 14,757,476 | |
| Jpmorgan Chase & Co | 0.81% | 14,104,337 | |
| Ameriprise Financial Inc | 0.58% | 10,167,303 | |
| Flossbach Von Storch Ag | 0.49% | 8,573,419 | |
| Tiaa Cref Investment Management | 0.49% | 8,538,378 | |
| Amundi | 0.41% | 7,098,305 | |
| Ubs Asset Management Americas | 0.40% | 6,963,038 | |
| Parametric Portfolio Associates | 0.39% | 6,744,540 |