Abbott Laboratories Past Earnings Performance

Past criteria checks 5/6

Abbott Laboratories has been growing earnings at an average annual rate of 8.9%, while the Medical Equipment industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 5.5% per year. Abbott Laboratories's return on equity is 14.4%, and it has net margins of 13.9%.

Key information

8.9%

Earnings growth rate

9.3%

EPS growth rate

Medical Equipment Industry Growth36.3%
Revenue growth rate5.5%
Return on equity14.4%
Net Margin13.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Abbott Laboratories makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BASE:ABT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2441,2175,74410,9022,646
30 Jun 2440,7255,53510,7432,605
31 Mar 2440,3265,60810,5652,648
31 Dec 2340,1095,70110,3852,619
30 Sep 2339,9595,14210,5832,619
30 Jun 2340,2265,14010,6112,729
31 Mar 2341,5055,78510,6572,698
31 Dec 2243,6536,90510,7032,741
30 Sep 2245,0307,85710,9012,921
30 Jun 2245,5488,52010,9712,811
31 Mar 2244,5147,69510,9782,781
31 Dec 2143,0757,04211,0062,738
30 Sep 2142,3087,20810,5932,623
30 Jun 2140,2336,34310,2442,531
31 Mar 2137,3385,6939,8072,441
31 Dec 2034,6084,4499,5912,420
30 Sep 2032,2213,3469,4052,289
30 Jun 2031,4443,0739,4402,305
31 Mar 2032,0953,5399,5972,318
31 Dec 1931,9043,6669,5402,440
30 Sep 1931,3553,2729,4522,395
30 Jun 1930,9352,8679,4032,373
31 Mar 1930,7232,5829,4482,371
31 Dec 1830,5782,3199,5682,298
30 Sep 1830,4028029,4822,280
30 Jun 1829,5758129,1412,274
31 Mar 1828,4453658,8682,219
31 Dec 1727,3903448,8042,183
30 Sep 1725,1341,9718,1751,979
30 Jun 1723,6071,0557,8081,763
31 Mar 1722,3031,3847,3951,575
31 Dec 1620,8531,0566,5581,442
30 Sep 1620,7089896,6201,353
30 Jun 1620,5561,9396,6581,379
31 Mar 1620,3932,1246,6481,392
31 Dec 1520,4052,5866,7421,371
30 Sep 1520,5732,5236,5931,338
30 Jun 1520,5022,3656,5221,265
31 Mar 1520,3892,0046,4441,230
31 Dec 1420,2471,7106,3271,286
30 Sep 1419,9051,5606,3731,343
30 Jun 1419,6511,7626,3901,377
31 Mar 1419,0341,6546,1741,394
31 Dec 1319,6571,9706,3401,371

Quality Earnings: ABT has high quality earnings.

Growing Profit Margin: ABT's current net profit margins (13.9%) are higher than last year (12.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ABT's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: ABT's earnings growth over the past year (11.7%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: ABT earnings growth over the past year (11.7%) exceeded the Medical Equipment industry 1.9%.


Return on Equity

High ROE: ABT's Return on Equity (14.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abbott Laboratories is covered by 61 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ToungArgus Research Company
Stephan GasteygerAtlantic Equities LLP
Ishan MajumdarBaptista Research