- Medical - Devices
- Healthcare
-
3.20
EPS
-
34.25
P/E
-
191B
MARKET CAP
-
1.97%
DIV YIELD
Company Overview
100 ABBOTT PARK ROAD,ABBOTT PARK IL 60064-3500,2246676100
CEO
Mr. Robert B. Ford
Employess
114000
Sector
Healthcare
Industry
Medical - Devices
Website
https://www.abbott.com
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. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.
Next Earnings Date
Oct. 16, 2024
Ex Dividends date
Aug. 15, 2024
Dividend Date
July 15, 2024
YTD Performance
-0.08%
Fiscal Year End
12-31
IPO Date
1980-03-17
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 6.26% | 5.58% | 5.04% | -8.12% |
EPS | 7.11% | 19.57% | 9.41% | -16.24% |
Equity | 4.37% | 4.81% | 5.60% | 5.23% |
Cash | 7.09% | 12.40% | 0.28% | -30.22% |
Return On Capital (ROIC) | 7.97% | 10.77% | 12.15% | 10.39% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 1,320 | 2,250 | 754 | 220 | 1,480 |
Long Term Debt | 13,600 | 15,500 | 18,300 | 19,400 | 17,400 |
LT Finance Leases | 949 | 943 | 956 | 902 | 755 |
Shares Outstanding | 1,740 | 1,750 | 1,780 | 1,770 | 1,770 |
Market Cap | 192,000 | 192,000 | 250,000 | 194,000 | 154,000 |
Price
News
Trade Tracker: Karen Firestone buys Abbott Labs, Chemed, Costar Group and sells Home Depot
1 monthKaren Firestone, chairman and CEO at Aureus Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
youtube.comIs Trending Stock Abbott Laboratories (ABT) a Buy Now?
1 monthAbbott (ABT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
zacks.comDrugmaker Abbott India's Q1 profit climbs on higher sales, price hikes
1 monthDrugmaker Abbott India reported a rise in first-quarter profit on Wednesday, helped by higher sales and price hikes.
reuters.comAbbott Enters Global Partnership to Connect Its World-Leading Continuous Glucose Monitoring System with Medtronic's Insulin Delivery Devices
1 monthUnique partnership with Medtronic will enable continuous glucose monitoring (CGM) sensors based on Abbott's FreeStyle Libre sensing technology to integrate with Medtronic's insulin delivery systems Abbott now has partnerships with four of the largest companies that develop automated insulin delivery systems – offering more choices to people around the world to benefit from connectivity with Libre technology ABBOTT PARK, Ill., Aug. 7, 2024 /PRNewswire/ -- Abbott (NYSE: ABT) today announced a unique global partnership with Medtronic to collaborate on an integrated continuous glucose monitoring (CGM) system based on Abbott's most advanced, world-leading1 FreeStyle Libre technology that will connect with Medtronic's automated insulin delivery (AID) and smart insulin pen systems.
prnewswire.com3 Dividend Growth Stocks to Buy Hand Over Fist in August
1 monthAbbott Labs is a proven wealth builder at a fair price. Johnson & Johnson's a safe buy despite its ongoing litigation.
fool.comCadrenal Therapeutics and Abbott Initiate Collaborative Effort to Advance Novel Anticoagulant Tecarfarin for Patients with LVADs
1 monthPONTE VEDRA, Fla., Aug. 6, 2024 /PRNewswire/ -- Cadrenal Therapeutics, Inc., (Nasdaq: CVKD), a biopharmaceutical company developing tecarfarin, a late-stage, new-generation Vitamin K Antagonist (VKA) oral and reversible anticoagulant (blood thinner) designed to prevent heart attacks, strokes, and deaths due to blood clots in patients with implanted cardiac devices and those with rare cardiovascular conditions, announced today that it has been in discussions with Abbott (NYSE: ABT) about Cadrenal's planned pivotal study of tecarfarin in patients with recently implanted LVADs.
prnewswire.comAbbott Laboratories: A Strong Healthcare Stock For Long-Term Dividend Growth Investors
1 monthAbbott Laboratories is now a $183 billion (by market cap) healthcare titan. Abbott Laboratories has increased its dividend for more than 50 consecutive years. So it has the kind of dividend growth pedigree that few companies can compare to. The company has increased its revenue from $20.2 billion in FY 2014 to $40.1 billion in FY 2023. That's a solid compound annual growth rate of 7.9%.
seekingalpha.com2 Unstoppable Dividend Stocks to Buy if There's a Stock Market Sell-Off
2 monthsAbbott Laboratories and Gilead Sciences are solid dividend stocks. Both look a bit pricey relative to their recent financial results.
fool.comAbbott (ABT) Just Overtook the 200-Day Moving Average
2 monthsAbbott (ABT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ABT broke through the 200-day moving average, which suggests a long-term bullish trend.
zacks.comAs Diabetes Battle Heats Up, Spotlight Turns To Dexcom, Abbott
2 monthsThe diabetes donnybrook between Abbott Laboratories and Dexcom is poised to heat up — and could bolster both Abbott stock and Dexcom stock.
investors.comForget Johnson & Johnson: Another Healthcare Giant Is a Much Better Bet for Growth
2 monthsJohnson & Johnson has been generating decent growth, but legal challenges could create a lot of uncertainty. Abbott Laboratories has a more diverse business, with some exciting opportunities in diabetes care.
fool.com7 Leading MedTech Stocks for Next-Gen Health Solutions
2 monthsWhile technology lately has been framed in the context of computer hardware or software, it can also apply to the broader field of medicine. Therefore, investors should consider the viable field of MedTech stocks.
investorplace.com