Abbott Historical Income Statement

ABT Stock  USD 117.26  1.33  1.15%   
Historical analysis of Abbott Laboratories income statement accounts such as Interest Expense of 605.1 M, Selling General Administrative of 6.2 B or Total Revenue of 22.2 B can show how well Abbott Laboratories performed in making a profits. Evaluating Abbott Laboratories income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Abbott Laboratories's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Abbott Laboratories latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Abbott Laboratories is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.

About Abbott Income Statement Analysis

Abbott Laboratories Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Abbott Laboratories shareholders. The income statement also shows Abbott investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Abbott Laboratories Income Statement Chart

At this time, Abbott Laboratories' Depreciation And Amortization is comparatively stable compared to the past year. EBITDA is likely to gain to about 11 B in 2024, whereas Total Revenue is likely to drop slightly above 22.2 B in 2024.

Total Revenue

Total revenue comprises all receipts Abbott Laboratories generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Abbott Laboratories minus its cost of goods sold. It is profit before Abbott Laboratories operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Abbott Laboratories. It is also known as Abbott Laboratories overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Abbott Laboratories' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Abbott Laboratories current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.At this time, Abbott Laboratories' Depreciation And Amortization is comparatively stable compared to the past year. EBITDA is likely to gain to about 11 B in 2024, whereas Total Revenue is likely to drop slightly above 22.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit24.5B24.5B22.1B12.5B
Total Revenue43.1B43.7B40.1B22.2B

Abbott Laboratories income statement Correlations

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0.730.650.610.610.650.370.380.550.60.690.360.090.180.440.570.630.440.020.32-0.01-0.660.410.37-0.75-0.54
0.750.650.960.970.980.80.680.650.940.990.77-0.170.720.290.840.260.780.290.5-0.34-0.310.230.36-0.28-0.21
0.830.610.960.990.990.910.840.790.990.970.9-0.180.830.350.790.370.660.470.38-0.28-0.410.30.56-0.34-0.14
0.820.610.970.990.980.910.810.770.970.970.89-0.240.830.30.830.320.660.480.4-0.32-0.380.250.5-0.29-0.14
0.810.650.980.990.980.850.80.760.990.990.85-0.110.770.390.770.390.70.380.4-0.24-0.420.330.53-0.39-0.22
0.790.370.80.910.910.850.890.840.880.80.96-0.40.940.180.730.270.430.730.25-0.36-0.330.170.59-0.140.15
0.760.380.680.840.810.80.890.910.870.70.94-0.10.870.450.440.530.250.65-0.03-0.06-0.430.410.79-0.4-0.02
0.920.550.650.790.770.760.840.910.810.680.89-0.040.80.440.530.630.310.650.170.0-0.540.430.81-0.480.02
0.820.60.940.990.970.990.880.870.810.950.9-0.090.810.430.70.440.640.440.34-0.2-0.450.370.63-0.41-0.15
0.780.690.990.970.970.990.80.70.680.950.78-0.130.70.340.820.330.740.310.46-0.28-0.380.270.42-0.36-0.28
0.820.360.770.90.890.850.960.940.890.90.78-0.150.960.340.660.340.420.750.24-0.12-0.310.330.68-0.20.12
-0.010.09-0.17-0.18-0.24-0.11-0.4-0.1-0.04-0.09-0.13-0.15-0.260.61-0.260.19-0.04-0.240.040.880.040.630.07-0.31-0.33
0.70.180.720.830.830.770.940.870.80.810.70.96-0.260.140.620.220.430.740.24-0.23-0.080.110.570.010.27
0.380.440.290.350.30.390.180.450.440.430.340.340.610.140.090.510.14-0.02-0.010.48-0.330.940.44-0.68-0.4
0.730.570.840.790.830.770.730.440.530.70.820.66-0.260.620.09-0.030.670.460.68-0.32-0.220.120.15-0.010.01
0.550.630.260.370.320.390.270.530.630.440.330.340.190.220.51-0.030.090.06-0.110.18-0.570.410.72-0.88-0.33
0.470.440.780.660.660.70.430.250.310.640.740.42-0.040.430.140.670.09-0.090.82-0.38-0.040.040.07-0.060.01
0.580.020.290.470.480.380.730.650.650.440.310.75-0.240.74-0.020.460.06-0.090.060.07-0.220.080.520.110.35
0.410.320.50.380.40.40.25-0.030.170.340.460.240.040.24-0.010.68-0.110.820.06-0.160.01-0.03-0.070.130.19
0.0-0.01-0.34-0.28-0.32-0.24-0.36-0.060.0-0.2-0.28-0.120.88-0.230.48-0.320.18-0.380.07-0.16-0.060.550.17-0.27-0.25
-0.59-0.66-0.31-0.41-0.38-0.42-0.33-0.43-0.54-0.45-0.38-0.310.04-0.08-0.33-0.22-0.57-0.04-0.220.01-0.06-0.32-0.570.70.35
0.380.410.230.30.250.330.170.410.430.370.270.330.630.110.940.120.410.040.08-0.030.55-0.320.39-0.61-0.33
0.720.370.360.560.50.530.590.790.810.630.420.680.070.570.440.150.720.070.52-0.070.17-0.570.39-0.58-0.04
-0.49-0.75-0.28-0.34-0.29-0.39-0.14-0.4-0.48-0.41-0.36-0.2-0.310.01-0.68-0.01-0.88-0.060.110.13-0.270.7-0.61-0.580.62
-0.1-0.54-0.21-0.14-0.14-0.220.15-0.020.02-0.15-0.280.12-0.330.27-0.40.01-0.330.010.350.19-0.250.35-0.33-0.040.62
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Abbott Laboratories Account Relationship Matchups

Abbott Laboratories income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1B3.3B3.5B3.3B3.2B3.4B
Interest Expense576M500M490M375M637M605.2M
Selling General Administrative9.8B9.7B11.3B11.0B11.2B6.2B
Total Revenue31.9B34.6B43.1B43.7B40.1B22.2B
Gross Profit18.7B19.6B24.5B24.5B22.1B12.5B
Other Operating Expenses27.4B29.3B34.7B35.3B33.6B18.2B
Operating Income4.5B5.4B8.4B8.4B6.5B3.8B
Ebit4.5B5.5B9.2B9.1B7.2B3.7B
Ebitda6.7B8.8B12.7B12.4B10.5B11.0B
Cost Of Revenue13.2B15.0B18.5B19.1B18.0B9.6B
Total Operating Expenses14.1B14.2B16.1B16.1B15.7B8.6B
Income Before Tax4.1B5.0B8.2B8.3B6.7B3.8B
Total Other Income Expense Net(56M)(455M)(389M)(214M)186M195.3M
Net Income3.7B4.5B7.1B6.9B5.7B3.1B
Income Tax Expense390M497M1.1B1.4B941M792.1M
Research Development2.4B2.4B2.7B2.9B2.7B2.3B
Net Income Applicable To Common Shares3.7B4.5B7.1B6.9B8.0B8.4B
Minority Interest201M198M213M219M251.9M264.4M
Net Income From Continuing Ops3.7B4.5B7.1B6.9B5.2B4.3B
Non Operating Income Net Other215M157M319M502M577.3M606.2M
Tax Provision390M497M1.1B1.4B1.0B949.8M
Interest Income94M492M491M377M384M269.0M
Net Interest Income(576M)(500M)(490M)(375M)(248M)(260.4M)
Reconciled Depreciation3.0B3.3B2.0B2.0B3.2B2.3B

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