Abbott Laboratories
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Abbott Laboratories's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $40,109,000,000. Profit margin reached 14%. Total operating expenses were $15,656,000,000.
Profit Margin
| 2014 | 20.24B | 2.28B | 11.28% |
|---|---|---|---|
| 2015 | 20.40B | 4.42B | 21.68% |
| 2016 | 20.85B | 1.4B | 6.71% |
| 2017 | 27.39B | 477M | 1.74% |
| 2018 | 30.57B | 2.36B | 7.74% |
| 2019 | 31.90B | 3.68B | 11.56% |
| 2020 | 34.60B | 4.49B | 12.99% |
| 2021 | 43.07B | 7.07B | 16.42% |
| 2022 | 43.65B | 6.93B | 15.88% |
| 2023 | 40.10B | 5.72B | 14.27% |
ABT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 40.10B | 43.65B | 43.07B | 34.60B | 31.90B | 30.57B | 27.39B | 20.85B | 20.40B | 20.24B |
Cost of revenue | 17.97B | 19.14B | 18.53B | 15.00B | 13.23B | 12.70B | 12.33B | 9.02B | 8.74B | 9.21B |
Gross profit | 22.13B | 24.51B | 24.53B | 19.60B | 18.67B | 17.87B | 15.05B | 11.82B | 11.65B | 11.02B |
Operating exp. | ||||||||||
Research and development | 2.74B | 2.88B | 2.74B | 2.42B | 2.44B | 2.3B | 2.23B | 1.42B | 1.40B | 1.34B |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 15.65B | 16.14B | 16.11B | 14.24B | 14.14B | 14.22B | 13.32B | 8.64B | 8.79B | 8.43B |
Operating income | 6.47B | 8.36B | 8.42B | 5.35B | 4.53B | 3.65B | 1.72B | 3.18B | 2.86B | 2.59B |
Other income (expenses), net | 186M | -56M | -214M | -389M | -455M | -56M | 667M | -1.44B | 316M | -81M |
Income before tax | 6.66B | 8.30B | 8.21B | 4.96B | 4.07B | 2.87B | 2.23B | 1.41B | 3.18B | 2.51B |
Income tax expense | 941M | 1.37B | 1.14B | 497M | 390M | 539M | 1.87B | 350M | 577M | 797M |
Net income | 5.72B | 6.93B | 7.07B | 4.49B | 3.68B | 2.36B | 477M | 1.4B | 4.42B | 2.28B |
Earnings per share | ||||||||||
Basic EPS | 3.3 | 3.94 | 3.97 | 2.52 | 2.07 | 1.35 | 0.27 | 0.95 | 3 | 1.51 |
Diluted EPS | 3.27 | 3.91 | 3.94 | 2.5 | 2.06 | 1.34 | 0.27 | 0.94 | 2.94 | 1.5 |
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