Abbott Molecular, a genomic disease management company, engages in the development and marketing of clinical laboratory products, which provide information critical to the evaluation and management of cancer, prenatal disorders, and other genetic diseases. The Company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians' offices, and government agencies.

Employee Rating

3.5More
TypePublic
HQIllinois City, US
Founded1991
Size (employees)99,000 (est)
Websiteabbott.com
Abbott was founded in 1991 and is headquartered in Illinois City, US
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Abbott Office Locations

Abbott has offices in Illinois City, Tokyo, Shanghai, Seoul and in 5 other locations
Illinois City, (HQ)
Abbott Park
Sao Paulo,
Rua Michigan, 735 – Brooklin
Québec,
8401 Trans-Canada Highway, Saint-Laurent
Beijing,
17F, Canway Builing, No. 66 Nanlishi Road
Shanghai,
23F/26F/27F/28F/32F/33F/36F/37F/39F, Ciro’s Plaza, No. 388 West Nanjing Road
Wiesbaden,
Abbott GmbH & Co. KG, Max-Planck-Ring 2
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Abbott Financials and Metrics

Abbott Revenue

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Abbott's revenue was reported to be $27.39 b in FY, 2017 which is a 31.3% increase from the previous period.
USD

Revenue (Q2, 2018)

7.8b

Gross profit (Q2, 2018)

4.5b

Gross profit margin (Q2, 2018), %

57.7%

Net income (Q2, 2018)

733.0m

EBIT (Q2, 2018)

882.0m

Market capitalization (4-Dec-2018)

125.6b

Closing stock price (4-Dec-2018)

71.5

Cash (30-Jun-2018)

3.1b

EV

143.2b
Abbott's current market capitalization is $125.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

21.8b20.2b20.4b20.9b27.4b

Revenue growth, %

(7%)1%2%31%

Cost of goods sold

10.0b9.2b8.7b9.0b12.3b

Gross profit

11.8b11.0b11.7b11.8b15.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

5.4b5.2b5.6b5.1b4.9b5.2b5.2b4.9b5.3b5.3b6.3b6.6b6.8b7.4b7.8b

Cost of goods sold

2.5b2.5b2.5b2.3b2.1b2.2b2.2b2.1b2.3b2.3b3.0b3.2b2.9b3.1b3.3b

Gross profit

2.9b2.8b3.0b2.8b2.8b3.0b2.9b2.7b3.0b3.0b3.3b3.5b4.0b4.3b4.5b

Gross profit Margin, %

54%53%55%54%58%57%56%56%57%57%52%52%58%58%58%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

3.5b4.1b5.0b18.6b9.4b

Accounts Receivable

4.0b3.6b3.4b3.2b

Inventories

2.7b2.6b2.6b2.4b3.6b

Current Assets

19.2b15.3b14.2b26.8b20.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

2.9b2.1b3.6b3.6b3.2b4.0b3.1b3.3b2.6b2.5b8.7b9.7b11.0b3.9b3.1b

Inventories

2.8b2.8b2.8b2.7b2.6b2.7b2.6b2.8b2.8b2.6b4.0b3.6b3.5b3.8b3.7b

Current Assets

19.7b17.9b18.3b16.5b20.0b21.1b15.9b12.4b13.0b13.0b19.3b20.0b21.4b15.0b14.1b

Goodwill

9.7b9.8b9.8b10.0b9.9b9.9b9.8b9.8b9.8b7.8b21.4b22.1b22.1b24.2b23.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.6b2.3b4.4b1.4b477.0m

Depreciation and Amortization

3.0b

Inventories

(154.0m)(297.0m)(257.0m)(98.0m)249.0m

Accounts Payable

256.0m225.0m742.0m652.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

2.0b375.0m466.0m1.4b2.3b3.1b3.7b316.0m931.0m602.0m419.0m702.0m1.3b418.0m1.2b

Depreciation and Amortization

1.3b398.0m1.2b723.0m1.1b347.0m694.0m1.0b774.0m1.4b2.2b852.0m1.7b

Inventories

(242.0m)(90.0m)(203.0m)(210.0m)(213.0m)(95.0m)(149.0m)(152.0m)(162.0m)(127.0m)39.0m(171.0m)(336.0m)

Cash From Operating Activities

1.7b336.0m2.4b943.0m2.1b816.0m2.0b1.9b3.9b1.1b2.4b
USDY, 2018

EV/EBIT

162.3 x

EV/CFO

60.9 x

Debt/Assets

0.3 x
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Abbott Operating Metrics

FY, 2014FY, 2015FY, 2016

New Product Launches

38

Products

10 k1.50 k1.50 k
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Abbott Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AlereAugust 14, 2017$5.30 b
St. Jude MedicalApril 28, 2016$25 b
Kalila MedicalApril 06, 2016
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Abbott Online and Social Media Presence

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Abbott Company Life and Culture

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Abbott Frequently Asked Questions

  • When was Abbott founded?

    Abbott was founded in 1991.

  • How many employees does Abbott have?

    Abbott has 99,000 employees.

  • What is Abbott revenue?

    Latest Abbott annual revenue is $27.4 b.

  • What is Abbott revenue per employee?

    Latest Abbott revenue per employee is $276.7 k.

  • Who are Abbott competitors?

    Competitors of Abbott include Agilent Technologies, Bruker Corporation and Novo Nordisk.

  • Where is Abbott headquarters?

    Abbott headquarters is located at Abbott Park, Illinois City.

  • Where are Abbott offices?

    Abbott has offices in Illinois City, Tokyo, Shanghai, Seoul and in 5 other locations.

  • How many offices does Abbott have?

    Abbott has 9 offices.