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Abbott Laboratories (XSWX:ABT) Net Margin % : 15.56% (As of Dec. 2023)


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What is Abbott Laboratories Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abbott Laboratories's Net Income for the three months ended in Dec. 2023 was CHF1,378 Mil. Abbott Laboratories's Revenue for the three months ended in Dec. 2023 was CHF8,856 Mil. Therefore, Abbott Laboratories's net margin for the quarter that ended in Dec. 2023 was 15.56%.

The historical rank and industry rank for Abbott Laboratories's Net Margin % or its related term are showing as below:

XSWX:ABT' s Net Margin % Range Over the Past 10 Years
Min: 1.74   Med: 12.28   Max: 21.68
Current: 13.96


XSWX:ABT's Net Margin % is ranked better than
80.86% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.18 vs XSWX:ABT: 13.96

Abbott Laboratories Net Margin % Historical Data

The historical data trend for Abbott Laboratories's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abbott Laboratories Net Margin % Chart

Abbott Laboratories Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.56 12.99 16.42 15.88 14.27

Abbott Laboratories Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.52 13.78 14.16 15.56 12.29

Competitive Comparison of Abbott Laboratories's Net Margin %

For the Medical Devices subindustry, Abbott Laboratories's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abbott Laboratories's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Abbott Laboratories's Net Margin % distribution charts can be found below:

* The bar in red indicates where Abbott Laboratories's Net Margin % falls into.



Abbott Laboratories Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Abbott Laboratories's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=4949.25/34686.263
=14.27 %

Abbott Laboratories's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1378.491/8856.417
=15.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abbott Laboratories  (XSWX:ABT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Abbott Laboratories Net Margin % Related Terms

Thank you for viewing the detailed overview of Abbott Laboratories's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Abbott Laboratories (XSWX:ABT) Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.

Abbott Laboratories (XSWX:ABT) Headlines

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