Abbott Laboratories's Income Statement Analysis: Revenue to Profit Breakdown
Abbott Laboratories's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$43.08 B | $43.65 B | $40.11 B | $41.95 B | $44.33 B | $45.13 B |
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Cost of Revenue Direct cost of goods/services. |
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$19.86 B | $21.33 B | $20.07 B | $20.63 B | $19.72 B | $19.69 B |
Gross Profit Revenue minus cost of revenue. |
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$23.21 B | $22.32 B | $20.04 B | $21.33 B | $24.61 B | $25.45 B |
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Operating Expense
Costs to run business. |
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$14.01 B | $13.96 B | $13.60 B | $14.47 B | $16.59 B | $17.27 B |
Research and Development Investment in innovation. |
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$2.74 B | $2.85 B | $2.72 B | $2.82 B | $2.96 B | $3.01 B |
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Sales, General and Administrative
Selling and admin costs. |
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$11.28 B | $11.11 B | $10.88 B | $11.65 B | $12.38 B | $12.59 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | $12.38 B | $3.13 B |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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- | - | - | - | $1.25 B | $1.68 B |
Operating Income Profit from operations. |
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$9.20 B | $8.36 B | $6.44 B | $6.83 B | $8.05 B | $8.20 B |
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Net Interest Income
Interest income minus expense. |
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-$367.00 M | -$132.00 M | -$313.00 M | -$259.00 M | -$111.00 M | -$127.00 M |
Interest Income Income from investments. |
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$43.00 M | $183.00 M | $385.00 M | $344.00 M | $230.00 M | $148.00 M |
Interest Expense Cost of borrowing. |
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$410.00 M | $315.00 M | $698.00 M | $603.00 M | $341.00 M | $275.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$579.00 M | -$259.00 M | -$927.00 M | -$765.00 M | -$538.00 M | -$612.00 M |
Total Other Income (Net) Net non-operating items. |
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-$989.00 M | -$56.00 M | $229.00 M | $188.00 M | $418.00 M | -$65.00 M |
Income Before Tax Profit before taxes. |
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$8.21 B | $8.31 B | $6.66 B | $7.01 B | $8.47 B | $8.14 B |
Income Tax Expense Taxes on income. |
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$1.14 B | $1.37 B | $941.00 M | -$6.39 B | $1.94 B | $1.86 B |
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Net Income
Final profit. |
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$7.07 B | $6.93 B | $5.72 B | $13.40 B | $6.52 B | $6.28 B |
Net Income From Continuing Operations Profit from core business. |
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$7.07 B | $6.93 B | $5.72 B | $13.40 B | $6.52 B | $6.28 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$3.97 | $3.94 | $3.30 | $7.67 | $3.74 | $3.60 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$3.94 | $3.91 | $3.27 | $7.64 | $3.72 | $3.59 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.78 B | 1.75 B | 1.73 B | 1.73 B | 1.75 B | 1.75 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.79 B | 1.76 B | 1.75 B | 1.75 B | 1.75 B | 1.75 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$8.62 B | $8.62 B | $7.36 B | $7.62 B | $8.59 B | $8.81 B |
EBITDA Earnings before interest, tax, D&A. |
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$12.16 B | $11.89 B | $10.61 B | $10.83 B | $11.33 B | $10.80 B |
Depreciation and Amortization Non-cash expense for assets. |
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$3.54 B | $3.27 B | $3.24 B | $3.22 B | $2.75 B | $1.99 B |
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Abbott Laboratories's Assets vs Liabilities & Equity
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