• Medical - Devices
  • Healthcare
Abbott Laboratories logo
Abbott Laboratories
ABT · US · NYSE
109.76
USD
-0.18
(0.16%)
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
Business Segments (Beta)
Geographical Segments (Beta)
News
Trade Tracker: Karen Firestone buys Abbott Labs, Chemed, Costar Group and sells Home Depot
1 month

Karen Firestone, chairman and CEO at Aureus Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.

youtube.com
Is Trending Stock Abbott Laboratories (ABT) a Buy Now?
1 month

Abbott (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.com
Drugmaker Abbott India's Q1 profit climbs on higher sales, price hikes
1 month

Drugmaker Abbott India reported a rise in first-quarter profit on Wednesday, helped by higher sales and price hikes.

reuters.com
Abbott Enters Global Partnership to Connect Its World-Leading Continuous Glucose Monitoring System with Medtronic's Insulin Delivery Devices
1 month

Unique 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.com
3 Dividend Growth Stocks to Buy Hand Over Fist in August
1 month

Abbott Labs is a proven wealth builder at a fair price. Johnson & Johnson's a safe buy despite its ongoing litigation.

fool.com
Cadrenal Therapeutics and Abbott Initiate Collaborative Effort to Advance Novel Anticoagulant Tecarfarin for Patients with LVADs
1 month

PONTE 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.com
Abbott Laboratories: A Strong Healthcare Stock For Long-Term Dividend Growth Investors
1 month

Abbott 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.com
2 Unstoppable Dividend Stocks to Buy if There's a Stock Market Sell-Off
2 months

Abbott Laboratories and Gilead Sciences are solid dividend stocks. Both look a bit pricey relative to their recent financial results.

fool.com
Abbott (ABT) Just Overtook the 200-Day Moving Average
2 months

Abbott (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.com
As Diabetes Battle Heats Up, Spotlight Turns To Dexcom, Abbott
2 months

The diabetes donnybrook between Abbott Laboratories and Dexcom is poised to heat up — and could bolster both Abbott stock and Dexcom stock.

investors.com
Forget Johnson & Johnson: Another Healthcare Giant Is a Much Better Bet for Growth
2 months

Johnson & 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.com
7 Leading MedTech Stocks for Next-Gen Health Solutions
2 months

While 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