Tearsheet

Abbott Laboratories (ABT)


Market Price (9/16/2025): $131.4 | Market Cap: $229.1 Bil
Sector: Health Care | Industry: Health Care Equipment

Abbott Laboratories (ABT)


Market Price (9/16/2025): $131.4
Market Cap: $229.1 Bil
Sector: Health Care
Industry: Health Care Equipment

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.3%
Weak multi-year price returns
2Y Excs Rtn is -14%, 3Y Excs Rtn is -35%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 27x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 9.0 Bil, FCF LTM is 6.8 Bil
  Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.5%
2 Low stock price volatility
Vol 12M is 22%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.3%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 9.0 Bil, FCF LTM is 6.8 Bil
2 Low stock price volatility
Vol 12M is 22%
3 Weak multi-year price returns
2Y Excs Rtn is -14%, 3Y Excs Rtn is -35%
4 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 27x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.5%

Market Valuation

 9/16/252024202320222021
Share Price CYE$131.40$111.50$106.38$104.03$131.15
Market Cap CYE ($ Bil)229.1193.7185.0181.4232.1
Total Debt ($ Bil)13.415.015.617.719.0
Total Cash ($ Bil)7.38.07.310.210.2
Enterprise Value ($ Bil)235.2208.7200.6199.1251.1
Valuation Ratios     
P/S TTM5.34.74.84.45.8
P/EBIT TTM27.226.026.221.728.6
P/E TTM16.414.733.527.835.3
Sector Ratios     
P/S TTM (Sector)3.83.64.14.57.3
P/EBIT TTM (Sector)-1.6-1.3-1.4-1.3-2.9
P/E TTM (Sector)-1.9-1.6-1.5-1.4-2.9
 9/16/2520242023
Share Price CYE$131.40$111.50$106.38
Market Cap CYE ($ Bil)229.1193.7185.0
Total Debt ($ Bil)13.415.015.6
Total Cash ($ Bil)7.38.07.3
Enterprise Value ($ Bil)235.2208.7200.6
Valuation Ratios   
P/S TTM5.34.74.8
P/EBIT TTM27.226.026.2
P/E TTM16.414.733.5
Sector Ratios   
P/S TTM (Sector)3.83.64.1
P/EBIT TTM (Sector)-1.6-1.3-1.4
P/E TTM (Sector)-1.9-1.6-1.5

Business Description

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
ABT Return28%31%-21%2%5%18%70%
Peers Return12%15%-13%3%-2%7%22%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: JNJ, BSX, MDT, DXCM, BAX. See ABT Returns vs. Peers.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Latest Trefis Analyses

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Peer Comparisons for Abbott Laboratories

Financials

ABTJNJBSXMDTDXCMBAXMedian
NameAbbott L.Johnson .Boston S.MedtronicDexCom Baxter I. 
Mkt Price131.33177.4099.8793.4375.5823.8096.65
Mkt Cap229.0426.9147.8119.729.612.2133.8
Rev LTM43,10990,62718,49434,2004,30110,88726,347
Op Inc LTM7,51522,2283,3886,6476873985,018
FCF LTM6,77516,3973,2345,3035712184,268
FCF 3Y Avg5,97216,9262,1144,9645676583,539
CFO LTM9,03723,0284,2857,1469887655,716
CFO 3Y Avg8,13022,2483,0146,6258841,1664,820

Growth & Margins

ABTJNJBSXMDTDXCMBAXMedian
NameAbbott L.Johnson .Boston S.MedtronicDexCom Baxter I. 
Rev Chg LTM5.9%4.7%21.4%5.0%9.3%3.6%5.4%
Rev Chg 3Y Avg-1.5%4.0%14.6%3.3%17.3%-5.7%3.6%
Rev Chg Q7.4%5.8%22.8%8.4%15.2%4.3%7.9%
QoQ Delta Rev Chg LTM1.8%1.5%5.4%2.0%3.7%1.1%1.9%
Op Mgn LTM17.4%24.5%18.3%19.4%16.0%3.7%17.9%
Op Mgn 3Y Avg16.2%26.3%17.6%18.6%15.8%2.9%16.9%
QoQ Delta Op Mgn LTM0.6%-0.2%-0.2%-0.1%0.7%0.1%0.0%
CFO/Rev LTM21.0%25.4%23.2%20.9%23.0%7.0%22.0%
CFO/Rev 3Y Avg19.6%25.7%18.8%20.2%23.2%11.2%19.9%
FCF/Rev LTM15.7%18.1%17.5%15.5%13.3%2.0%15.6%
FCF/Rev 3Y Avg14.4%19.6%13.1%15.1%14.9%6.3%14.7%

Valuation

ABTJNJBSXMDTDXCMBAXMedian
NameAbbott L.Johnson .Boston S.MedtronicDexCom Baxter I. 
Mkt Cap229.0426.9147.8119.729.612.2133.8
P/S5.34.78.03.56.91.15.0
P/EBIT27.215.144.418.736.9381.532.0
P/E16.418.859.025.751.9-78.822.3
P/CFO25.318.534.516.830.016.021.9
Total Yield7.8%8.1%1.7%6.9%1.9%2.6%4.7%
Dividend Yield1.7%2.8%0.0%3.0%0.0%3.8%2.3%
FCF Yield 3Y Avg3.0%4.5%1.8%4.5%1.4%3.5%3.2%
D/E0.10.10.10.20.10.80.1
Net D/E0.00.10.10.2-0.00.70.1

Returns

ABTJNJBSXMDTDXCMBAXMedian
NameAbbott L.Johnson .Boston S.MedtronicDexCom Baxter I. 
1M Rtn-0.3%1.2%-3.2%0.4%-6.6%-0.9%-0.6%
3M Rtn-1.6%15.1%-1.6%7.1%-8.9%-22.2%-1.6%
6M Rtn3.8%10.7%1.0%1.7%5.9%-30.8%2.8%
12M Rtn15.0%10.6%19.9%7.3%8.7%-38.7%9.7%
3Y Rtn33.9%16.0%139.5%14.4%-16.1%-55.7%15.2%
1M Excs Rtn-0.7%0.0%-6.4%-0.7%-7.7%-4.2%-2.5%
3M Excs Rtn-13.4%3.1%-10.5%-2.7%-18.5%-32.4%-12.0%
6M Excs Rtn-12.7%-6.6%-14.5%-15.3%-10.4%-47.6%-13.6%
12M Excs Rtn-4.3%-8.0%1.3%-12.3%-8.7%-57.1%-8.4%
3Y Excs Rtn-35.0%-47.6%68.7%-47.7%-82.6%-121.2%-47.6%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Medical Devices16,88714,80214,48511,78712,239
Diagnostics9,98816,46915,52610,8057,713
Nutritionals8,1547,4598,2947,6477,409
Established Pharmaceutical5,0664,9124,7184,3034,486
Other1411526657
Total40,10943,65343,07534,60831,904


Operating Income by Segment
$ Mil20242023202220212020
Medical Devices5,3064,4364,5333,0383,769
Diagnostics2,4336,6406,2373,7251,912
Nutritionals1,3337061,7631,7511,705
Established Pharmaceutical1,2061,049889794904
Total10,27812,83113,4229,3088,290


Assets by Segment
$ Mil20242023202220212020
Goodwill and intangible assets32,494  38,52840,220
Medical Devices9,0297,8447,2616,8936,640
All other8,458  5,0964,637
Cash and investments8,078  7,9695,023
Diagnostics7,7677,9857,6997,6965,235
Nutritionals4,2703,6253,4253,4783,274
Established Pharmaceutical3,1182,8832,7892,8882,858
Total73,21422,33721,17472,54867,887


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity17,753,634
Short Interest: % Change Since 81520253.8%
Average Daily Volume4,507,472
Days-to-Cover Short Interest3.94
Basic Shares Quantity1,743,437,000
Short % of Basic Shares1.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/17/2025-8.5%-4.5%-1.9%
4/16/20252.8%2.9%5.6%
1/22/20250.8%9.1%14.0%
10/16/20241.5%0.1%-0.3%
7/18/2024-4.4%2.5%6.0%
4/17/2024-3.0%-1.5%-4.2%
1/24/2024-2.8%-0.5%4.4%
10/18/20233.7%2.9%6.4%
...
SUMMARY STATS   
# Positive101414
# Negative141010
Median Positive3.0%3.4%5.1%
Median Negative-2.4%-1.7%-2.9%
Max Positive7.8%9.1%14.0%
Max Negative-8.5%-6.7%-8.9%

SEC Filings

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Report DateFiling DateFiling
6302025730202510-Q 6/30/2025
3312025430202510-Q 3/31/2025
12312024221202510-K 12/31/2024
93020241031202410-Q 9/30/2024
6302024731202410-Q 6/30/2024
3312024502202410-Q 3/31/2024
12312023216202410-K 12/31/2023
93020231101202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022217202310-K 12/31/2022
93020221101202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021218202210-K 12/31/2021
93020211103202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Boudreau Philip PEVP AND CFO8112025Sell134.555,550746,7586,862,505Form
1Blount Sally E.5022025Sell129.662,600337,1164,415,960Form
2Shroff EricSenior Vice President3042025Sell138.1756277,6524,417,295Form
3Morrone Louis H.EXECUTIVE VICE PRESIDENT1302025Sell127.392,644336,819 Form