abbvie inc. - ABBV

ABBV

Close Chg Chg %
171.69 6.22 3.62%

Open Market

177.91

+6.22 (3.62%)

Volume: 5.13M

Last Updated:

Nov 22, 2024, 12:47 PM EDT

Company Overview: abbvie inc. - ABBV

ABBV Key Data

Open

$174.30

Day Range

173.57 - 178.86

52 Week Range

137.65 - 207.32

Market Cap

$303.47B

Shares Outstanding

1.77B

Public Float

1.77B

Beta

0.61

Rev. Per Employee

N/A

P/E Ratio

59.89

EPS

$2.87

Yield

361.03%

Dividend

$1.64

EX-DIVIDEND DATE

Jan 15, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

7.24M

 

ABBV Performance

1 Week
 
4.09%
 
1 Month
 
-8.58%
 
3 Months
 
-13.07%
 
1 Year
 
23.84%
 
5 Years
 
99.57%
 

ABBV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 33
Full Ratings ➔

About abbvie inc. - ABBV

AbbVie, Inc. is a research-based biopharmaceutical company, which engages in the development and sale of pharmaceutical products. It focuses on treating conditions such as chronic autoimmune diseases in rheumatology, gastroenterology, and dermatology, oncology, including blood cancers, virology, hepatitis C virus (HCV) and human immunodeficiency virus (HIV), neurological disorders, such as Parkinson's, metabolic, comprising thyroid disease and complications associated with cystic fibrosis, pain associated with endometriosis, and other serious health conditions. The company was founded on October 19, 2011 and is headquartered in North Chicago, IL.

ABBV At a Glance

AbbVie, Inc.
1 North Waukegan Road
North Chicago, Illinois 60064-6400
Phone 1-847-932-7900 Revenue 54.32B
Industry Pharmaceuticals: Major Net Income 4.82B
Sector Health Technology Employees 50,000
Fiscal Year-end 12 / 2024
View SEC Filings

ABBV Valuation

P/E Current 59.891
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 57.004
Price to Sales Ratio 5.058
Price to Book Ratio 26.416
Price to Cash Flow Ratio 12.05
Enterprise Value to EBITDA 12.028
Enterprise Value to Sales 5.93
Total Debt to Enterprise Value 0.187

ABBV Efficiency

Revenue/Employee 1,086,360.00
Income Per Employee 96,400.00
Receivables Turnover 4.869
Total Asset Turnover 0.397

ABBV Liquidity

Current Ratio 0.872
Quick Ratio 0.764
Cash Ratio 0.339

ABBV Profitability

Gross Margin 69.347
Operating Margin 33.289
Pretax Margin 11.506
Net Margin 8.874
Return on Assets 3.524
Return on Equity 34.91
Return on Total Capital 6.839
Return on Invested Capital 6.865

ABBV Capital Structure

Total Debt to Total Equity 580.309
Total Debt to Total Capital 85.301
Total Debt to Total Assets 44.629
Long-Term Debt to Equity 510.898
Long-Term Debt to Total Capital 75.098
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Abbvie Inc. - ABBV

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
45.80B 56.20B 58.05B 54.32B
Sales Growth
+37.69% +22.69% +3.30% -6.44%
Cost of Goods Sold (COGS) incl D&A
14.12B 17.14B 16.45B 16.65B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.47B 8.52B 8.47B 8.70B
Depreciation
666.00M 803.00M 778.00M 752.00M
Amortization of Intangibles
5.80B 7.72B 7.69B 7.95B
COGS Growth
+85.62% +21.43% -4.08% +1.25%
Gross Income
31.69B 39.05B 41.61B 37.67B
Gross Income Growth
+23.48% +23.25% +6.54% -9.47%
Gross Profit Margin
+69.18% +69.49% +71.67% +69.35%
2020 2021 2022 2023 5-year trend
SG&A Expense
16.06B 19.30B 19.01B 19.59B
Research & Development
6.17B 6.98B 6.49B 7.04B
Other SG&A
9.88B 12.32B 12.52B 12.55B
SGA Growth
+32.86% +20.23% -1.54% +3.05%
Other Operating Expense
- - - -
-
Unusual Expense
9.98B 4.08B 7.26B 10.53B
EBIT after Unusual Expense
5.64B 15.66B 15.34B 7.55B
Non Operating Income/Expense
272.00M (226.00M) 485.00M 1.06B
Non-Operating Interest Income
174.00M 39.00M 186.00M 540.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
2.52B 2.45B 2.35B 2.36B
Interest Expense Growth
+38.79% -2.78% -4.21% +0.60%
Gross Interest Expense
2.52B 2.45B 2.35B 2.36B
Interest Capitalized
- - - -
-
Pretax Income
3.40B 12.99B 13.48B 6.25B
Pretax Income Growth
-59.67% +282.25% +3.76% -53.62%
Pretax Margin
+7.42% +23.11% +23.21% +11.51%
Income Tax
(1.22B) 1.44B 1.63B 1.38B
Income Tax - Current - Domestic
907.00M 1.99B 2.65B 3.27B
Income Tax - Current - Foreign
194.00M 351.00M 916.00M 994.00M
Income Tax - Deferred - Domestic
(58.00M) (839.00M) (1.51B) (2.32B)
Income Tax - Deferred - Foreign
(2.27B) (59.00M) (419.00M) (565.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(60.00M) (74.00M) (54.00M) (43.00M)
Consolidated Net Income
4.56B 11.47B 11.79B 4.83B
Minority Interest Expense
6.00M 7.00M 9.00M 10.00M
Net Income
4.56B 11.47B 11.78B 4.82B
Net Income Growth
-41.90% +151.71% +2.74% -59.09%
Net Margin Growth
+9.95% +20.41% +20.29% +8.87%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
4.56B 11.47B 11.78B 4.82B
Preferred Dividends
- - - -
-
Net Income Available to Common
4.56B 11.47B 11.78B 4.82B
EPS (Basic)
2.733 6.4791 6.6527 2.7262
EPS (Basic) Growth
-48.39% +137.07% +2.68% -59.02%
Basic Shares Outstanding
1.67B 1.77B 1.77B 1.77B
EPS (Diluted)
2.7232 6.4536 6.6266 2.7186
EPS (Diluted) Growth
-48.47% +136.99% +2.68% -58.97%
Diluted Shares Outstanding
1.67B 1.78B 1.78B 1.77B
EBITDA
22.10B 28.27B 31.07B 26.78B
EBITDA Growth
+38.72% +27.91% +9.90% -13.80%
EBITDA Margin
+48.25% +50.31% +53.52% +49.30%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 205.308
Number of Ratings 33 Current Quarters Estimate 2.973
FY Report Date 12 / 2024 Current Year's Estimate 10.934
Last Quarter’s Earnings 3.00 Median PE on CY Estimate N/A
Year Ago Earnings 11.11 Next Fiscal Year Estimate 12.168
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 21 6 27 27
Mean Estimate 2.97 2.60 10.93 12.17
High Estimates 3.10 2.92 11.07 13.00
Low Estimate 2.87 2.42 10.75 11.53
Coefficient of Variance 1.83 7.86 0.57 3.07

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 19 16 16
OVERWEIGHT 4 5 5
HOLD 10 11 9
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Abbvie Inc. - ABBV

Date Name Shares Transaction Value
Jul 3, 2024 Robert J. Alpern Director 9,541 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Susan E. Quaggin Director 236 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Richard A. Gonzalez CHAIRMAN OF THE BOARD AND CEO; Director 513,099 Bona fide gift 0.00
Jul 3, 2024 Edward J. Rapp Director 26,170 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Melody B. Meyer Director 15,295 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Jennifer L. Davis Director 1,322 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Rebecca Brown Roberts Director 12,525 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Roxanne Schuh Austin Director 37,255 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Brett J. Hart Director 18,269 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 William H. L. Burnside Director 25,755 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Thomas C. Freyman Director 125,548 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Frederick H. Waddell Director 27,755 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Glenn Fletcher Tilton Director 50,361 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 21, 2024 Jeffrey Ryan Stewart EVP, CHIEF COMMERCIAL OFFICER 93,780 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $178.85 per share 16,772,553.00
Mar 21, 2024 Jeffrey Ryan Stewart EVP, CHIEF COMMERCIAL OFFICER 88,681 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $179.03 per share 15,876,559.43
Mar 21, 2024 Jeffrey Ryan Stewart EVP, CHIEF COMMERCIAL OFFICER 119,890 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $61.36 per share 7,356,450.40
Mar 21, 2024 Jeffrey Ryan Stewart EVP, CHIEF COMMERCIAL OFFICER N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 21, 2024 Jeffrey Ryan Stewart EVP, CHIEF COMMERCIAL OFFICER 60,941 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $178.69 per share 10,889,547.29
Mar 6, 2024 Timothy J. Richmond EVP, CHIEF HR OFFICER 89,517 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $61.36 per share 5,492,763.12
Mar 6, 2024 Timothy J. Richmond EVP, CHIEF HR OFFICER 13,837 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $177.71 per share 2,458,973.27

Abbvie Inc. in the News