ABBV logo
AbbVie Inc.
ABBV
263.96 (-0.48%) 1.26
Market cap
$466.45(B)
Earnings date
Oct-29-2026
Category
Sector
Health Care
Industry
Biotechnology
AbbVie Inc. a research-based biopharmaceutical company engages in the research and development manufacturing commercializing and sale of medicines and therapies worldwide. The company offers Skyrizi to treat autoimmune diseases; Rinvoq to treat inflammatory diseases; Imbruvica for the treatment of adult patients with blood cancers; Venclexta to treat blood cancers; Elahere to treat various cancer; and Epkinly to treat lymphoma; and Emrelis for the treatment of lung cancer. It also provides facial injectables plastics and regenerative medicine body contouring and skincare products; botox Cosmetic for the treatment of glabellar lines crow's feet forehead lines and platysma bands; Juvederm Collection to treat volume loss in the temples undereye cheeks chin lips and lower face; Vraylar to treat schizophrenia bipolar disorder and depressive disorder; Duodopa to treat Parkinson's disease; Ubrelvy to treat migraine; Qulipta for episodic and chronic migraine; and Vyalev for the treatment of motor fluctuations as well as Botox Therapeutic to treat chronic migraine overactive bladder spasticity cervical dystonia and other conditions. In addition the company offers Ozurdex for visual impairment; Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension; and other eye care products including Refresh/Optive Xen Durysta and Restasis. Further it provides Mavyret to treat chronic hepatitis C virus genotype 1-6 infection; Creon a pancreatic enzyme therapy; and Linzess/Constella to treat irritable bowel syndrome with constipation and chronic idiopathic constipation. The company was incorporated in 2012 and is headquartered in North Chicago Illinois.
EV: $544.30(B)
Total Equity: $-5.89(B)
Debt/Equity: 48
Dividend/share: $6.8
Div. yield: 2.59%
P/E: 74.56
Forward P/E: 18.84
P/FCF: 25.60
P/S: 7.25
P/B: N/A
EPS: $3.5
EPS (fwd): $14.0
FCF/share: $10.3
Revenue/share: $36.4
Book value/share: $-3.4
ROIC: 3.3%
ROA: 1.7%
ROE: 140.9%
Margins: Gross | Op. | Net
72.8% | 24.1% | 9.8%
0.0%of Portfolio
My holdings
Day change
Total change
PEvaluation
23%
$203
Valuation summary
Min
Max
Average
Median
Valuation comparison
Current price$264
Quality checklist score
1/8
Based on your selected metrics.
Est. EPS Growth > 5%
5Y Shares Out Change < 0% ROIC > 10% Debt/Equity < 1 Current Ratio > 1 Quick Ratio > 1 Net Margin > 10% Past Net Income CAGR > 0%

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$64.39(B)
Gross profit$46.87(B)
EBITDA$30.76(B)
Net income$6.31(B)
Gross margin72.8%
Operating margin24.1%
Net margin9.8%
Shares outstanding1.77(B)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsEquityCurrent liabilitiesLong term debtOther LT liabilities
Total assets$135.12(B)
Current assets$33.67(B)
Total liabilities$141.00(B)
Current liabilities$41.64(B)
Cash & Short-term inv.$6.57(B)
Long-term debt$62.53(B)
Total intangibles$84.66(B)
PP&E$5.80(B)

Cash flow (TTM)

CFOCFICFF
FCF$18.21(B)
CapEx$-1.30(B)
Dividends paid$-11.98(B)
Stock issued$172.00(M)
Stock repurchased$-1.50(B)
Stock-based comp.$1.07(B)
Debt issued$7.73(B)
Debt repaid$-7.31(B)

Per share data (TTM)

Price
Price
$264
Income
Revenue
$36.47.3x|13.8%
Gross profit
$26.510.0x|10.0%
Earnings (EPS)
$3.5474.6x|1.3%
Cash flow
FCF
$10.325.6x|3.9%
Stock-based comp.
$0.61435.5x|0.2%
CapEx
$0.73359.6x|0.3%
Dividend
$6.8338.6x|2.6%
Balance sheet
Total assets
$76.53.5x|29.0%
Total liabilities
$79.83.3x|30.2%
Book value
-$3.36-78.6x|-1.3%
Cash & ST inv.
$3.7271.0x|1.4%
Debt
$35.47.5x|13.4%
Forward earnings
EPS FY+1
$14.018.8x|5.3%
EPS FY+2
$16.316.2x|6.2%
EPS FY+3
$18.014.6x|6.8%
EPS FY+4
$19.813.3x|7.5%
EPS FY+5
$20.612.8x|7.8%
Forward FCF
FCF FY+1
$13.619.4x|5.2%
FCF FY+2
$22.411.8x|8.5%
FCF FY+3
$20.812.7x|7.9%
FCF FY+4
$21.112.5x|8.0%
FCF FY+5
$21.212.5x|8.0%

Summary

ABBV Valuation & Price Targets

Favorite Valuation Methods

PEvaluation
Analyst targets
DCF (2-stage)

More Valuation Methods

DCF (simple)
DCF (exit mult.)
DDM
EPS growth
Revenue growth
Peter Lynch FV
Graham No.

PEvaluation

CURRENT PRICE
$264
23% Overvalued
BEAR
BASE
BULL
Fair P/E
Margin of safety
EPS
Market Model
ROICRevenue growthFCF MarginShares outstan...Debt/EquityDebt/EBITDA
Economic moat: Wide

EPS Estimates

LowAvgHigh#
FY+113.914.014.126
FY+215.116.317.624
FY+316.518.020.019
FY+417.619.822.013
FY+517.820.622.313

Analyst Price Targets

CURRENT PRICE
$264
7% Undervalued
BEAR
BASE
BULL

Analyst Recommendations

Strong Buy8
Buy17
Hold5
Sell0
Strong Sell1

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
Low
Mid
High
Terminal Growth Rate
Low
Mid
High
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Low
Mid
High
Final Growth Rate
Low
Mid
High
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
Low
Mid
High
Final P/E
Low
Mid
High
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
Low
Mid
High
Final Net Margin
Low
Mid
High
Final P/E Ratio
Low
Mid
High
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate
Low
Mid
High

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Low
Mid
High
Government Bond Rate

Growth Estimates

Revenue

CAGR6.0%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$64.39(B)
FY+1
23
5%
$67.59(B)
FY+2
22
9%
$73.49(B)
FY+3
19
8%
$79.09(B)
FY+4
13
6%
$83.92(B)
FY+5
13
2%
$86.02(B)

Net Income

CAGR41.7%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$6.31(B)
FY+1
21
294%
$24.83(B)
FY+2
20
16%
$28.74(B)
FY+3
18
11%
$32.02(B)
FY+4
12
9%
$34.81(B)
FY+5
12
4%
$36.11(B)

EPS

CAGR42.2%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$3.54
FY+1
26
296%
$14.01
FY+2
24
16%
$16.28
FY+3
19
11%
$18.03
FY+4
13
10%
$19.79
FY+5
13
4%
$20.57

FCF per share

CAGR15.5%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$10.31
FY+1
4
32%
$13.60
FY+2
3
64%
$22.36
FY+3
3
7%
$20.80
FY+4
2
1%
$21.10
FY+5
2
0%
$21.15

Historical Financials (in USD)

Income(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)50.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomeOther Non-operating IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.05.0(B)10.0(B)15.0(B)20.0(B)
Stock-based Comp. FCFCFONet IncomeD&AChange in Working CapitalCFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)120.0(B)140.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.04.06.08.010.012.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.040.060.080.0100.0
P/E P/S EV/EarningsP/FCFP/BDebt/EquityPayout ratio
Margins(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%10%20%30%40%50%60%70%
Net Income Margin Operating Margin Gross MarginEBITDA Margin
Returns(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%2%4%6%8%10%12%14%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0500.0(M)1.0(B)1.5(B)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0100.0(B)200.0(B)300.0(B)400.0(B)
Market Cap.

KPIs

Operating Expense Breakdown(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
Research and Development Acquired In-Process R&D Selling, General, and Administrative Other Expenses
Revenue By Geography(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
United States International
Revenue By Segment(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
Neuroscience Immunology Women's Health Hematologic Oncology Aesthetics Other Products HCV Eye Care

ABBV vs Peers

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.11%
Institutions: 77.36%
Other: 22.53%

Institutional ownership

8.46% Blackrock Inc.6.53% Vanguard Capital Manag...4.67% State Street Corporati...2.74% Vanguard Portfolio Man...2.71% JPMORGAN CHASE & CO2.66% Geode Capital Manageme...2.20% Morgan Stanley1.70% Capital Research Globa...1.45% NORGES BANK1.20% Bank of America Corpor...43.04% Others

Trading Summary

In the past year, insiders have sold a net of $18.92(M).

Total insider buys: $0.00
Total insider sells: $18.92(M)

In the past year, Congress members have sold a net of $40501.

Total congressional buys (avg): $32002
Total congressional sells (avg): $72503

Based on the reported ranges: buys $4004–$60000, sells $20006–$125000.

Insider transactions

$0.002026-10$0.00
$0.002026-09$0.00
$8.18(M)2026-08$0.00
$0.002026-07$0.00
$0.002026-06$0.00
$0.002026-05$0.00
$0.002026-04$0.00
$5.60(M)2026-03$0.00
$5.15(M)2026-02$0.00
$0.002026-01$0.00
$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2026-08-1432,7108,177,500250.0DONOGHOE NICHOLASOfficer
Grant2026-08-1432,7102,584,74479.0DONOGHOE NICHOLASOfficer
Grant2026-05-081,11800.0FREYMAN THOMAS CDirector
Grant2026-05-081,11800.0FALK THOMAS JDirector
Grant2026-05-081,11800.0AUSTIN ROXANNE SCHUHDirector
Grant2026-05-081,11800.0WADDELL FREDERICK HDirector
Grant2026-05-081,11800.0RAPP EDWARD JDirector
Grant2026-05-081,11800.0HART BRETT JDirector
Grant2026-05-081,11800.0BURNSIDE WILLIAM H LDirector
Grant2026-05-081,11800.0MEYER MELODY BDirector
Grant2026-05-081,11800.0ROBERTS REBECCA B.Director
Grant2026-05-081,11800.0DAVIS JENNIFER LDirector
Grant2026-05-081,11800.0QUAGGIN SUSAN EDirector
Sell2026-03-045,2301,221,519233.6PURDUE DAVID RYANOfficer
Sell2026-03-0218,6684,375,549234.4SIATIS PERRY C.General Counsel
Sell2026-02-2522,3815,147,630230.0SIATIS PERRY C.General Counsel
Grant2026-02-2522,3813,863,458172.6SIATIS PERRY C.General Counsel
Grant2026-02-1836,81100.0SALEKI-GERHARDT AZITAChief Operating Officer
Grant2026-02-1882,43900.0MICHAEL ROBERT A.Chief Executive Officer
Grant2026-02-1853,74900.0STEWART JEFFREY RYANOfficer
Grant2026-02-1829,05700.0DONOGHOE NICHOLASOfficer
Grant2026-02-1848,83800.0REENTS SCOTT T.Chief Financial Officer
Grant2026-02-1833,51800.0SIATIS PERRY C.General Counsel
Grant2026-02-1818,13700.0THAKKAR ROOPALOfficer
Grant2026-02-186,07100.0PURDUE DAVID RYANOfficer
Grant2026-02-182,46000.0CRUM DEMETRIS DOfficer

Congressional trading

$0.002026-10$0.00
$0.002026-09$0.00
$0.002026-08$0.00
$0.002026-07$0.00
$0.002026-06$0.00
$0.002026-05$0.00
$0.002026-04$0.00
$0.002026-03$0.00
$0.002026-02$0.00
$325012026-01$8001
$160012025-12$0.00
$80012025-11$0.00
$80012025-10$24002
DatePoliticianPartyChamberAmount ($)
Sell2026-01-29Ro KhannaDHouse$15,001 - $50,000
Buy2026-01-23Ro KhannaDHouse$1,001 - $15,000
Sell2025-12-18Julie JohnsonDHouse$1,001 - $15,000
Sell2025-12-08Julia LetlowRHouse$1,001 - $15,000
Sell2025-11-13Julie JohnsonDHouse$1,001 - $15,000
Buy2025-10-30Lisa C. McClainRHouse$1,001 - $15,000
Buy2025-10-30Lisa C. McClainRHouse$1,001 - $15,000
Buy2025-10-30Lisa C. McClainRHouse$1,001 - $15,000
Sell2025-10-30Lisa C. McClainRHouse$1,001 - $15,000
Sell2025-08-22John BoozmanRSenate$1,001 - $15,000

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