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ABBV

ABBV - AbbVie Inc Stock Price, Fair Value and News

160.71USD-1.84 (-1.13%)Delayed as of 08 May 2024, 03:40 pm ET

Market Summary

ABBV
USD160.71-1.84
Delayedas of 08 May 2024, 03:40 pm
-1.13%

ABBV Alerts

  • Big jump in Earnings (Y/Y)

ABBV Stock Price

View Fullscreen

ABBV RSI Chart

ABBV Valuation

Market Cap

286.8B

Price/Earnings (Trailing)

47.94

Price/Sales (Trailing)

5.27

EV/EBITDA

30.94

Price/Free Cashflow

13.1

ABBV Price/Sales (Trailing)

ABBV Profitability

EBT Margin

13.84%

Return on Equity

74.35%

Return on Assets

4.02%

Free Cashflow Yield

7.63%

ABBV Fundamentals

ABBV Revenue

Revenue (TTM)

54.4B

Rev. Growth (Yr)

0.7%

Rev. Growth (Qtr)

-13.92%

ABBV Earnings

Earnings (TTM)

6.0B

Earnings Growth (Yr)

468.62%

Earnings Growth (Qtr)

65.33%

Breaking Down ABBV Revenue

52 Week Range

130.96162.70
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-4.4%

Last 90 days

-7.2%

Trailing 12 Months

10.2%

How does ABBV drawdown profile look like?

ABBV Financial Health

Current Ratio

0.94

Debt/Equity

7.93

Debt/Cashflow

0.36

ABBV Investor Care

Dividend Yield

1.61%

Dividend/Share (TTM)

2.63

Shares Dilution (1Y)

0.09%

Diluted EPS (TTM)

3.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202454.4B000
202356.7B56.0B55.1B54.3B
202256.7B57.3B57.8B58.1B
202150.2B53.7B55.2B56.2B
202034.1B36.2B40.6B45.8B
201932.6B32.6B32.9B33.3B
201829.6B30.9B32.2B32.8B
201726.2B26.7B27.3B28.2B
201623.8B24.8B25.2B25.6B
201520.4B21.0B21.9B22.9B
201419.0B19.3B19.6B20.0B
201318.5B18.7B18.9B18.8B
201217.7B17.9B18.1B18.4B
201100017.4B
201000015.6B
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Tracking the Latest Insider Buys and Sells of AbbVie Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
davis jennifer l.
acquired
-
-
1,322
-
May 03, 2024
waddell frederick h
acquired
-
-
1,322
-
May 03, 2024
freyman thomas c
acquired
-
-
1,322
-
May 03, 2024
tilton glenn f
acquired
-
-
1,322
-
May 03, 2024
rapp edward j
acquired
-
-
1,322
-
May 03, 2024
meyer melody b
acquired
-
-
1,322
-
May 03, 2024
austin roxanne s
acquired
-
-
1,322
-
May 03, 2024
quaggin susan e
acquired
-
-
1,322
-
May 03, 2024
alpern robert j
acquired
-
-
1,322
-
May 03, 2024
roberts rebecca b
acquired
-
-
1,322
-

1–10 of 50

Which funds bought or sold ABBV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-3.7
5,132,140
44,125,400
0.44%
May 06, 2024
Broderick Brian C
added
15.29
601,429
2,296,650
0.49%
May 06, 2024
Oxbow Advisors, LLC
added
4.16
245,301
1,340,100
0.18%
May 06, 2024
First Long Island Investors, LLC
reduced
-2.1
3,411,660
26,099,100
2.17%
May 06, 2024
Summit Asset Management, LLC
added
0.04
133,331
893,840
0.19%
May 06, 2024
First Business Financial Services, Inc.
unchanged
-
-
1,140,420
0.13%
May 06, 2024
Manchester Capital Management LLC
added
12.89
988,529
4,016,180
0.49%
May 06, 2024
Cohen Capital Management, Inc.
unchanged
-
272,060
1,826,100
0.32%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
0.12
9,964,530
66,443,200
0.52%
May 06, 2024
STALEY CAPITAL ADVISERS INC
unchanged
-
51,411
345,079
0.02%

1–10 of 47

Are Funds Buying or Selling ABBV?

Are funds buying ABBV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ABBV
No. of Funds

Unveiling AbbVie Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.08%
160,380,057
SC 13G/A
Jan 25, 2024
blackrock inc.
8.1%
143,180,060
SC 13G/A
Feb 16, 2023
blackrock inc.
7.8%
138,702,758
SC 13G/A
Feb 09, 2023
vanguard group inc
8.95%
158,317,552
SC 13G/A
Feb 09, 2022
vanguard group inc
8.28%
146,312,069
SC 13G/A
Feb 03, 2022
blackrock inc.
7.3%
128,197,555
SC 13G/A
Feb 16, 2021
capital research global investors
2.1%
37,921,062
SC 13G/A
Feb 10, 2021
vanguard group inc
8.08%
142,563,074
SC 13G/A
Jan 29, 2021
blackrock inc.
7.0%
124,423,484
SC 13G/A
Feb 14, 2020
capital research global investors
5.8%
86,602,693
SC 13G/A

Recent SEC filings of AbbVie Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading

Peers (Alternatives to AbbVie Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
357.8B
85.6B
-2.43% -8.39%
9.3
4.18
5.68% 202.39%
330.2B
61.4B
1.86% 10.13%
143.19
5.38
6.11% -82.30%
161.1B
29.5B
11.28% 28.04%
42.82
5.46
12.76% -52.47%
156.8B
46.5B
4.16% -28.19%
-112.94
3.37
42.59% -114.62%
81.5B
27.1B
-5.96% -16.75%
14.39
3.01
-0.60% 23.36%
15.6B
15.8B
-2.04% 54.08%
-27.14
0.99
6.17% 76.47%
MID-CAP
4.2B
1.7B
-5.86% -20.45%
9.58
2.41
54.01% 364.56%
4.1B
4.6B
-3.95% -16.22%
-533.77
0.9
-0.06% 94.55%
2.7B
9.0B
-28.82% 23.71%
-5.97
0.3
10.01% -27.45%
2.1B
644.4M
2.42% 17.52%
14.96
3.19
29.14% 50.51%
SMALL-CAP
1.5B
743.2M
-23.46% -28.42%
-4.38
2.07
24.65% 80.36%
23.2M
1.3M
-9.05% -48.20%
-2.26
17.8
-98.14% -109.18%
17.0M
-
-15.25% 35.14%
-0.92
0.22
2882.68% -138.52%
2.7M
19.6M
31.03% -94.02%
-0.19
0.14
80.00% 43.08%
1.1M
117.6M
-57.29% -90.96%
0
0.01
-0.79% -283.60%

AbbVie Inc News

Latest updates
Yahoo New Zealand News • 4 hours ago
MarketWatch • 02 May 2024 • 08:35 pm
Zacks Investment Research • 01 May 2024 • 01:56 pm
Investopedia • 26 Apr 2024 • 07:00 am
MarketWatch • 04 Apr 2024 • 07:00 am
MarketWatch • 01 Apr 2024 • 07:00 am
MarketWatch • 22 Mar 2024 • 07:00 am
Yahoo Finance • 12 Mar 2024 • 07:00 am

AbbVie Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-13.9%12,31014,30113,92713,86512,22515,12114,81214,58313,53814,88614,34213,95913,01013,85812,90210,4258,6198,7048,4798,2557,828
Costs and Expenses-14.4%9,51211,10611,6469,3529,4579,61910,20911,2888,8219,81210,0369,5188,90710,1059,6479,6735,0164,7485,8624,8554,818
  S&GA Expenses3.8%3,3153,1933,3723,2683,0393,4173,3045,4123,1273,2603,0833,1642,8423,2312,8463,5271,6951,9511,6571,6541,680
EBITDA Margin13.3%0.20*0.17*0.21*0.25*0.22*0.29*0.32*0.31*0.31*0.29*0.19*0.18*---------
Income Taxes-1.3%383388172583234493448255436226508394312-1,54518746.0088.0027311766.0088.00
Earnings Before Taxes44.8%1,7551,2121,9532,6104752,9654,4001,1834,9294,2713,6881,1633,867-1,5072,500-6933,0983,0742,0018072,544
EBT Margin20.3%0.14*0.12*0.15*0.19*0.16*0.23*0.26*0.25*0.25*0.23*0.13*0.11*---------
Net Income65.3%1,3598221,7782,0242392,4733,9499244,4904,0443,1797663,55336.002,308-7383,0102,8011,8847412,456
Net Income Margin22.8%0.11*0.09*0.12*0.16*0.13*0.20*0.23*0.22*0.22*0.21*0.14*0.12*---------
Free Cashflow-15.4%3,8474,5487,3556,1414,0187,2157,4254,8624,7464,8887,7184,695---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets10.5%148,874134,711136,221135,367134,544138,805141,325143,186143,211146,529148,858147,972150,501150,565149,621149,53091,19989,11559,44157,14256,769
  Current Assets17.8%38,87133,00233,22428,85226,48828,46330,36429,10026,50927,92828,95725,99926,56924,17323,00921,25651,75849,51920,16615,10014,413
    Cash Equivalents41.0%18,06712,81413,2878,7596,7119,20111,8328,5216,0989,74612,1828,5469,7558,4497,8906,01741,14239,92410,6485,1724,897
  Inventory3.6%4,2454,0993,9814,0553,8333,5793,1723,3963,4833,1283,0943,3863,2723,3103,4744,0591,8441,8131,9291,8951,702
  Net PPE-0.2%4,9804,9894,9344,9434,9314,9354,8934,9585,0755,1105,1305,1615,1935,2484,9864,9082,9612,9622,8942,8792,860
  Goodwill3.5%33,42632,29332,09132,22432,22032,15631,72632,02832,29832,37932,29632,39832,34933,12442,80142,66915,56115,60415,53715,64215,606
  Current Liabilities9.7%41,52237,84134,77332,23927,59029,53832,71234,47332,52135,19428,53328,68431,95128,66124,18124,64616,47115,58517,49316,94113,904
  Short Term Borrowings-3.00-2.00-1.001.0010.0017.0012.0014.0016.0017.009.0034.0054.0064.006.00--306499
  Long Term Debt22.2%63,80552,19455,63155,81259,29259,13560,39961,00263,52264,18974,04974,23774,18377,55482,28282,06163,28462,97533,12631,61935,066
Shareholder's Equity-22.3%8,04710,36012,09412,89813,30317,25416,02714,68816,31415,43613,57712,59413,73313,09715,28914,732-----
  Retained Earnings-138.4%-2,384-1,0009331,7892,3934,7844,9533,5165,1033,1271,6007402,2921,0553,3353,1305,9734,7173,6733,3844,234
  Additional Paid-In Capital2.4%20,65620,18020,02119,83919,61919,24519,05618,90618,73118,30518,10817,93617,71217,38417,14816,95315,40115,19315,11215,02814,940
Shares Outstanding0.1%1,7691,7681,7681,7681,7701,7711,7711,7701,7711,7701,7691,769---------
Minority Interest8.1%40.0037.0035.0032.0029.0033.0033.0035.0031.0028.0027.0025.0023.0021.0019.0024.00-----
Float----235,630---268,253---197,246---171,597---106,362-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-15.0%4,0404,7537,5746,3194,1937,4287,6025,0054,9085,0757,9354,8904,8774,8545,8303,0893,8153,2754,5552,4773,017
  Share Based Compensation178.4%34812513017931313212610730612913515926913616223621979.0075.0087.00189
Cashflow From Investing-1098.5%-9,588-800-369-341-499-4481,286130-1,591-1,145-615-242-342-627-1,149-35,652-129-6151,378-140-27.00
Cashflow From Financing343.2%10,819-4,449-2,661-3,920-6,192-9,634-5,518-2,679-6,972-6,338-3,643-5,884-3,174-3,695-2,814-2,570-2,42226,602-441-2,070-5,383
  Dividend Payments5.6%2,7722,6262,6272,6252,6612,5062,5042,5072,5262,3142,3152,3102,3222,1012,1001,7521,7631,5951,5911,5921,588
  Buy Backs44033.3%1,3243.004.0010.001,9554.004.009.001,4701316.0010.0078729620.0019.006432.004.003.00620
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ABBV Income Statement

2024-03-31
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net revenues$ 12,310$ 12,225
Cost of products sold4,0943,986
Selling, general and administrative3,3153,039
Research and development1,9392,292
Acquired IPR&D and milestones164150
Other operating income0(10)
Total operating costs and expenses9,5129,457
Operating earnings2,7982,768
Interest expense, net453454
Net foreign exchange loss435
Other expense, net5861,804
Earnings before income tax expense1,755475
Income tax expense383234
Net earnings1,372241
Net earnings attributable to noncontrolling interest32
Net earnings attributable to AbbVie Inc.$ 1,369$ 239
Per share data  
Basic earnings per share (in dollars per share)$ 0.77$ 0.13
Diluted earnings per share (in dollars per share)$ 0.77$ 0.13
Weighted-average basic shares outstanding (in shares)1,7691,770
Weighted-average diluted shares outstanding (in shares)1,7731,776

ABBV Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and equivalents$ 18,067$ 12,814
Short-term investments22
Accounts receivable, net11,94911,155
Inventories4,2454,099
Prepaid expenses and other4,6084,932
Total current assets38,87133,002
Investments305304
Property and equipment, net4,9804,989
Intangible assets, net62,22555,610
Goodwill33,42632,293
Other assets9,0678,513
Total assets148,874134,711
Current liabilities  
Short-term borrowings30
Current portion of long-term debt and finance lease obligations10,1937,191
Accounts payable and accrued liabilities31,32630,650
Total current liabilities41,52237,841
Long-term debt and finance lease obligations63,80552,194
Deferred income taxes2,7221,952
Other long-term liabilities32,77832,327
Commitments and contingencies
Stockholders' equity  
Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,829,957,662 shares issued as of March 31, 2024 and 1,823,046,087 as of December 31, 20231818
Common stock held in treasury, at cost, 64,234,512 shares as of March 31, 2024 and 57,105,354 as of December 31, 2023(7,829)(6,533)
Additional paid-in capital20,65620,180
Accumulated deficit(2,384)(1,000)
Accumulated other comprehensive loss(2,454)(2,305)
Total stockholders' equity8,00710,360
Noncontrolling interest4037
Total equity8,04710,397
Total liabilities and equity$ 148,874$ 134,711
ABBV
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, a therapy administered as an injection for autoimmune, intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq, a JAK inhibitor to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, and ulcerative colitis; Imbruvica for the treatment of adult patients with blood cancers; and Venclexta/Venclyxto to treat hematological malignancies. It also provides facial injectables, plastics and regenerative medicine, body contouring, and skincare products; Vraylar for depressive disorder; Duopa and Duodopa to treat advanced Parkinson's disease; and Ubrelvy for the acute treatment of migraine with or without aura in adults; Qulipta for episodic migraine. In addition, the company offers Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure(IOP) in patients with open angle glaucoma (OAG) or ocular hypertension; Restasis, a calcineurin inhibitor immunosuppressant indicated to increase tear production; and eye care products. Further, it provides Mavyret/Maviret to treat chronic hepatitis C virus (HCV) genotype 1-6 infection and HCV genotype 1 infection; Creon, a pancreatic enzyme therapy; Lupron to treat advanced prostate cancer, endometriosis and central precocious puberty, and patients with anemia caused by uterine fibroids; Linzess/Constella to treat irritable bowel syndrome with constipation and chronic idiopathic constipation; and Synthroid for hypothyroidism. It has collaborations with Calico Life Sciences LLC; REGENXBIO Inc.; I-Mab Biopharma; Genmab A/S; Janssen Biotech, Inc.; Genentech, Inc.; and California Institute for Biomedical Research (Calibr). The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.
 CEO
 WEBSITEabbvie.com
 INDUSTRYPharmaceuticals
 EMPLOYEES50000

AbbVie Inc Frequently Asked Questions


What is the ticker symbol for AbbVie Inc? What does ABBV stand for in stocks?

ABBV is the stock ticker symbol of AbbVie Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AbbVie Inc (ABBV)?

As of Tue May 07 2024, market cap of AbbVie Inc is 286.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ABBV stock?

You can check ABBV's fair value in chart for subscribers.

What is the fair value of ABBV stock?

You can check ABBV's fair value in chart for subscribers. The fair value of AbbVie Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AbbVie Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ABBV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AbbVie Inc a good stock to buy?

The fair value guage provides a quick view whether ABBV is over valued or under valued. Whether AbbVie Inc is cheap or expensive depends on the assumptions which impact AbbVie Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ABBV.

What is AbbVie Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, ABBV's PE ratio (Price to Earnings) is 47.94 and Price to Sales (PS) ratio is 5.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ABBV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AbbVie Inc's stock?

In the past 10 years, AbbVie Inc has provided 0.16 (multiply by 100 for percentage) rate of return.