AbbVie Return On Tangible Assets from 2010 to 2024

ABBV Stock  USD 171.73  3.97  2.37%   
AbbVie Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.1 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.1038925
Current Value
0.0987
Quarterly Volatility
0.09149081
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of AbbVie Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. AbbVie's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbbVie's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

AbbVie Return On Tangible Assets Regression Statistics

Arithmetic Mean0.22
Geometric Mean0.20
Coefficient Of Variation41.27
Mean Deviation0.08
Median0.25
Standard Deviation0.09
Sample Variance0.01
Range0.2834
R-Value(0.50)
Mean Square Error0.01
R-Squared0.25
Significance0.06
Slope(0.01)
Total Sum of Squares0.12

AbbVie Return On Tangible Assets History

2024 0.0987
2023 0.1
2021 0.3
2020 0.13
2019 0.14
2017 0.19
2016 0.27

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.10  0.10 

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.