Abbott Laboratories

ABTUS

Abbott Laboratories, along with its affiliated entities, is a global healthcare enterprise dedicated to the research, development, manufacturing, and worldwide distribution of a diverse portfolio of health solutions. The company operates through four primary divisions: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. In the Established Pharmaceutical Products segment, Abbott provides generic medications designed to treat a wide array of conditions, including pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorders, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine. This segment also supplies the anti-infective clarithromycin, influenza vaccines, and products aimed at regulating colon physiology. The Diagnostic Products division offers a comprehensive suite of diagnostic tools. These include laboratory systems for immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and quantify infectious agents. Additionally, this segment provides point-of-care systems, blood testing cartridges, rapid lateral flow testing products, and specialized molecular point-of-care tests for pathogens such as HIV, SARS-CoV-2, influenza A and B, RSV, and strep A. Its offerings also extend to cardiometabolic test systems, drug and alcohol screening solutions, remote patient monitoring, consumer self-test systems, and sophisticated informatics and automation solutions for laboratory use. The Nutritional Products segment is responsible for delivering nutritional formulations tailored for both pediatric and adult populations. Finally, the Medical Devices segment develops and commercializes rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular ailments. It also supplies diabetes care products and neuromodulation devices designed for the management of chronic pain and movement disorders. Founded in 1888, Abbott Laboratories maintains its corporate headquarters in North Chicago, Illinois.

Founded1888IPO year1980As of2026-08-04
Market Cap
$183.06B
Enterprise Value
$210.07B
EV / LTM Revenue
4.7x
EV / NTM Revenue
4.0x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
4.0x
Gross Profit
7.0x
EBITDA
14.8x
Classification
Sector
Medical Devices & Diagnostics
Sub-sector
Diagnostics & Imaging
Listing
ABT
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY1%-8%5%6%13%9%
Revenue$43.08B$43.65B$40.11B$41.95B$44.33B$50.29B$54.67B
Gross Profit$23.21B$22.32B$20.04B$21.35B$24.61B
Gross Profit Margin53.9%51.1%50.0%50.9%55.5%
EBITDA$12.16B$11.89B$10.61B$10.83B$11.63B$13.46B$14.63B
EBITDA Margin28.2%27.2%26.4%25.8%26.2%26.8%26.8%
EBIT$9.20B$8.36B$6.45B$6.88B$8.05B$9.67B$10.51B
Net Income$7.07B$6.93B$5.72B$13.40B$6.52B$9.64B$10.57B
Free Cash Flow$8.65B$7.80B$5.06B$6.35B$7.39B
FCF Margin20.1%17.9%12.6%15.1%16.7%
Short-Term Debt$999M$2.48B$1.32B$1.75B$3.31B
Long-Term Debt$17.30B$14.52B$13.60B$12.63B$10.83B
Cash & Cash Equivalents$9.80B$9.88B$6.90B$7.62B$8.52B
Net Debt$8.50B$7.12B$8.03B$6.76B$5.61B
Net Debt / EBITDA0.7x0.6x0.8x0.6x0.5x
Rule of 4019.2%4.5%19.7%22.4%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.