AbbVie is a global, research-based biopharmaceutical company. The company's mission is to use its expertise, dedicated people and unique approach to innovation to develop and market advanced therapies that address some of the world's most complex and serious diseases.
Company Growth (employees)
Type
Public
HQ
North Chicago, US
Founded
2013
Size (employees)
30,000 (est)
Website
abbvie.com
AbbVie was founded in 2013 and is headquartered in North Chicago, US

Key People/Management at AbbVie

Richard Gonzalez

Richard Gonzalez

Chairman of the Board and Chief Executive Officer
Laura Schumacher

Laura Schumacher

Executive Vice President, External Affairs, General Counsel and Corporate Secretary
William Chase

William Chase

Executive Vice President and Chief Financial Officer
Carlos Alban

Carlos Alban

Executive Vice President, Commercial Operations
Michael Severino

Michael Severino

Executive Vice President, Research & Development and Chief Scientific Officer
Henry Gosebruch

Henry Gosebruch

Executive Vice President and Chief Strategy Officer
Timothy Richmond

Timothy Richmond

Senior Vice President, Human Resources​
Azita Saleki-Gerhardt

Azita Saleki-Gerhardt

Senior Vice President, Operations
Karen Hale

Karen Hale

Vice President, Chief Ethics and Compliance Officer
Wulff-Erik Von Borcke

Wulff-Erik Von Borcke

President, Pharmacyclics

AbbVie Office Locations

AbbVie has an office in North Chicago
North Chicago, US (HQ)
1 Waukegan Rd
Show all (1)

AbbVie Financials and Metrics

AbbVie Financials

AbbVie's revenue was reported to be $25.6 b in FY, 2016
USD

Revenue (Q2, 2017)

6.9 b

Gross profit (Q2, 2017)

5.4 b

Gross profit margin (Q2, 2017), %

78%

Net income (Q2, 2017)

1.9 b

EBIT (Q2, 2017)

2.7 b

Market capitalization (23-Feb-2018)

190.4 b

Cash (30-Jun-2017)

6.1 b

EV

184.7 b
AbbVie's current market capitalization is $190.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

18.8 b20 b22.9 b25.6 b

Revenue growth, %

6%15%12%

Cost of goods sold

4.6 b4.4 b4.5 b5.8 b

Gross profit

14.2 b15.5 b18.4 b19.8 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

4.7 b4.6 b4.9 b5 b5 b5.5 b5.9 b6 b6.5 b6.4 b6.5 q6.9 b

Cost of goods sold

1.1 b1.1 b1.1 b1.1 b942 m916 m1.2 b1.4 b1.4 b1.5 b1.6 q1.5 b

Gross profit

3.6 b3.5 b3.8 b3.9 b4.1 b4.6 b4.8 b4.6 b5 b4.9 b4.9 q5.4 b

Gross profit Margin, %

77%76%77%78%81%83%80%77%78%77%75%78%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

9.6 b8.3 b8.4 b5.1 b

Accounts Receivable

3.9 b3.7 b4.7 b4.8 b

Inventories

1.2 b1.1 b1.7 b1.4 b

Current Assets

17.8 b16.1 b16.3 b16.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

9 b8.1 b9.1 b7.7 b7.9 b7.4 b9.2 b7.6 b6.3 b6.2 b4.7 b6.1 b

Accounts Receivable

3.8 b3.7 b3.7 b3.6 b4.2 b4.4 b4.6 b4.8 b5 b5 b4.7 b4.9 b

Inventories

1.2 b1.1 b1 b1 b1 b1.6 b1.8 b1.8 b1.8 b1.6 b1.4 b1.6 b

Current Assets

16.5 b17.3 b17.8 b17.6 b15.4 b16.9 b17.9 b16.6 b16.8 b16.3 b15.5 b17 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.1 b1.8 b5.1 b6 b

Accounts Receivable

681 m(172 m)(1.1 b)(71 m)

Inventories

(56 m)(203 m)(434 m)(38 m)

Accounts Payable

(426 m)(193 m)1.5 b(1.2 b)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

964 m980 m1.1 b2.6 b1 b2.4 b3.6 b1.4 b3 b4.6 b1.7 b3.6 b

Depreciation and Amortization

593 m158 m348 m575 m268 m557 m861 m374 m753 m

Accounts Receivable

81 m(194 m)(129 m)(34 m)(167 m)

Inventories

20 m(75 m)(160 m)(446 m)19 m(160 m)28 m71 m1 m
USDY, 2017

EV/EBIT

69.1 x

Revenue/Employee

231.5 k

Financial Leverage

11.1 x
Show all financial metrics

AbbVie Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Stem CentRxApril 28, 2016$5.8 b

AbbVie Market Value History

AbbVie Median Salaries

Source: 442 public H-1B filings from AbbVie

AbbVie's Web-traffic and Trends

AbbVie Online and Social Media Presence

AbbVie News and Updates

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Who won and who lost in tax reform? AbbVie, of course, but Regeneron, Roche, AstraZeneca and more

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AbbVie Company Life and Culture

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