ABBV logo
AbbVie Inc.
ABBV
184.00 (-0.71%) 1.31
325.02(B)
Health Care
Biotechnology
AbbVie Inc. a research-based biopharmaceutical company engages in the research and development manufacture commercialization and sale of medicines and therapies worldwide. The company offers Humira an injection for autoimmune and intestinal Behçet's diseases generalized pustular psoriasis and pyoderma gangrenosum; Skyrizi to treat autoimmune diseases erythrodermic psoriasis generalized pustular psoriasis and palmoplantar pustulosis; Rinvoq to treat inflammatory diseases; Imbruvica for the treatment of adult patients with blood cancers; Venclexta/Venclyxto to treat blood cancers; Elahere to treat various cancer; and Epkinly to treat lymphoma. It also provides facial injectables plastics and regenerative medicine body contouring and skincare products; botox therapeutic to treat neurologic diseases; Vraylar to treat schizophrenia bipolar disorder and depressive disorder; Duopa and Duodopa to treat Parkinson's disease; Ubrelvy to treat migraine; and Qulipta for episodic and chronic migraine as well as other neuroscience products. In addition the company offers Ozurdex for eye diseases; Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension; Restasis to increase tear production; and other eye care products. Further it provides Mavyret/Maviret 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.
My Holdings:
(?% ownership)
Shares:
Cost basis:
Market cap:$325.02(B)
EV:$398.69(B)
Total Equity:$1.46(B)
Div. yield:3.47%
Earnings date:Jul-25-2025
P/E:78.30
P/E (fwd):15.03
P/FCF:21.13
P/S:5.67
P/B:230.00
EPS:$2.4
EPS (fwd):$12.2
FCF/share:$8.7
Dividend/share:$6.4
Book value/share:$0.8
ROIC:5.5%
ROA:2.9%
ROE:89.0%

ABBV Valuation & Price Targets

  Current Price
184.00
PE Valuation
N/A
PEvaluation is not available for ABBV.
Analyst targets
N/A
No analyst estimates for ABBV.
DCF
N/A
Adjust your assumptions to reach a valid valuation.
DCF (exit mult.)
N/A
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Future P/E
N/A
Adjust your assumptions to reach a valid valuation.
Peter Lynch FV
N/A
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Graham No.
N/A
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DDM
N/A
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PEvaluation

14% overvalued
Low
$119
Mid
$159
High
$198
Current price
$184
Fair P/E
Margin of safety
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Wide

Analyst Price Targets

11% undervalued
Low
$170
Mid
$205
High
$250
Current price
$184
Strong Buy4
Buy12
Hold12
Sell0
Strong Sell0

Estimated EPS

LowAvgHigh#
FY+112.012.212.827
FY+212.914.015.126
FY+314.215.417.121
FY+415.116.918.913
FY+515.318.320.511

Discounted Cash Flow

Forecast years
Terminal Growth Rate
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
Exit FCF Multiple
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%

Future P/E Valuation

Projection Years
Base Revenue
Revenue Growth Rate
Final Net Margin
Final P/E Ratio
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate (*)

(*) Growth rate is capped between 0 and 25

Graham Formula

Earnings Per Share
Expected Growth Rate
Government Bond Rate

(*) Growth rate is capped to 25

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

(*) First stage rowth rate is capped to 20%

Based on 0 valuation methods, the average fair value estimate for ABBV is $N/A (NaN% overvalued).

Valuations range from $1.7976931348623157e+308 (N/A) to $0.0 (N/A).

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$57.37(B)
Gross profit$40.74(B)
EBITDA$27.37(B)
Net income$4.20(B)
Gross margin71.0%
Operating margin22.5%
Net margin7.3%
Shares outstanding:1.77(B)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$136.16(B)
Current assets$27.68(B)
Total liabilities$134.70(B)
Current liabilities$36.40(B)
Cash & Short-term inv.$5.18(B)
Long-term debt$64.66(B)
Total intangibles$93.77(B)
PP&E$5.24(B)

Cash flow (TTM)

CFOCFICFF
FCF$15.38(B)
CapEx$-1.02(B)
Dividends paid$-11.18(B)
Stock issued$143.00(M)
Stock repurchased$-1.34(B)
Stock-based comp.$1.48(B)
Debt issued$7.59(B)
Debt repaid$-12.54(B)

Per share data (TTM)

Price: $184
Revenue: $32.4 (5.7x | 17.6%) Gross profit: $23.1 (8.0x | 12.5%) Earnings: $2.35 (78.3x | 1.3%)
FCF: $8.71 (21.1x | 4.7%) Stock-based Comp.: $0.84 (219.2x | 0.5%) Dividend: $6.38 (28.8x | 3.5%)
Total Assets: $77.1 (2.4x | 41.9%) Total Liabilities: $76.3 (2.4x | 41.4%) Book Value: $0.80 (230.0x | 0.4%) Cash & ST inv.: $2.93 (62.8x | 1.6%) Debt: $36.6 (5.0x | 19.9%)

Growth Estimates

Revenue

CAGR: 6.5%
FY+1FY+2FY+3FY+4FY+5
FY+1$59.87(B)
FY+2(+8.0%)$64.64(B)
FY+3(+7.0%)$69.15(B)
FY+4(+6.4%)$73.60(B)
FY+5(+4.6%)$77.00(B)

Net Income

CAGR: 9.9%
FY+1FY+2FY+3FY+4FY+5
FY+1$21.73(B)
FY+2(+13.4%)$24.65(B)
FY+3(+10.6%)$27.27(B)
FY+4(+8.3%)$29.54(B)
FY+5(+7.4%)$31.74(B)

EPS

CAGR: 10.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$12.24
FY+2(+14.1%)$13.96
FY+3(+10.2%)$15.39
FY+4(+9.7%)$16.89
FY+5(+8.3%)$18.29

FCF per share

CAGR: 12.1%
FY+1FY+2FY+3FY+4FY+5
FY+1$12.85
FY+2(+15.5%)$14.84
FY+3(+12.9%)$16.75
FY+4(+12.7%)$18.88
FY+5(+7.3%)$20.26

Historical Financials

Showing limited histrical data. Access 10+ years of financials now! Upgrade
YearlyQuarterly
Income
FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024TTM5Y avg5Y CAGR
Revenue45.80(B)56.20(B)58.05(B)54.32(B)56.33(B)57.37(B)54.14(B)5%
COGS15.39(B)17.45(B)17.41(B)20.41(B)16.90(B)16.81(B)17.51(B)2%
Gross Profit30.42(B)38.75(B)40.64(B)33.90(B)39.43(B)40.55(B)36.63(B)7%
Total OpEx.19.05(B)20.83(B)21.83(B)20.37(B)27.54(B)27.64(B)21.92(B)10%
  R&D7.75(B)8.05(B)6.51(B)7.67(B)12.79(B)12.92(B)8.56(B)13%
  SG&A11.30(B)12.35(B)15.26(B)12.87(B)14.75(B)14.73(B)13.31(B)7%
Operating Income11.36(B)17.92(B)18.81(B)13.54(B)11.89(B)12.91(B)14.71(B)1%
Interest Expense-2.45(B)-2.42(B)-2.23(B)-2.22(B)-2.81(B)-2.85(B)-2.43(B)3%
Interest Income174.00(M)39.00(M)186.00(M)540.00(M)648.00(M)514.00(M)317.40(M)39%
Pre-tax income3.40(B)12.99(B)13.48(B)6.25(B)3.72(B)3.62(B)7.97(B)2%
Income tax1.22(B)-1.44(B)-1.63(B)-1.38(B)570.00(M)581.00(M)-531.00(M)-17%
Net Income4.62(B)11.54(B)11.84(B)4.86(B)4.28(B)4.20(B)7.43(B)-2%
Cash flow
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Stock-based Comp.FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Total AssetsTotal LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
EPS (Basic)FCF/ShareDividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
P/EP/SEV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net Income MarginOperating MarginGross MarginEBITDA MarginFCF Margin
Returns
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
ROICROAROCEROE
Shares outstanding
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Shares (Basic)Shares (Diluted)
Market Cap.
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Market Cap.

Similar Companies

Ownership

Major holders

Insiders: 0.10%
Institutions: 74.46%
Other: 25.43%

Institutional ownership

9.85% Vanguard Group Inc8.26% Blackrock Inc.4.53% State Street Corporati...3.10% JPMORGAN CHASE & CO2.33% Morgan Stanley2.17% Geode Capital Manageme...1.90% Capital Research Globa...1.58% Bank of America Corpor...1.43% Charles Schwab Investm...1.42% NORGES BANK37.89% Others

Insider transactions

Show:
Buys
Sells
Grants
DateSharesTotal ($)Price ($)NameTitle
Grant2025-05-091,20300.0FREYMAN THOMAS CDirector
Grant2025-05-091,20300.0FALK THOMAS JDirector
Grant2025-05-091,20300.0AUSTIN ROXANNE SCHUHDirector
Grant2025-05-091,20300.0TILTON GLENN FLETCHERDirector
Grant2025-05-091,20300.0WADDELL FREDERICK HDirector
Grant2025-05-091,20300.0RAPP EDWARD JDirector
Grant2025-05-091,20300.0ALPERN ROBERT JDirector
Grant2025-05-091,20300.0HART BRETT JDirector
Grant2025-05-091,20300.0BURNSIDE WILLIAM H LDirector
Grant2025-05-091,20300.0MEYER MELODY BDirector
Grant2025-05-091,20300.0ROBERTS REBECCA B.Director
Grant2025-05-091,20300.0DAVIS JENNIFER LDirector
Grant2025-05-091,20300.0QUAGGIN SUSAN EDirector
Grant2025-03-312,45000.0GONZALEZ RICHARD ADirector
Sell2025-03-3158,83212,359,504210.1STEWART JEFFREY RYANOfficer
Grant2025-03-3125,7002,030,81479.0STEWART JEFFREY RYANOfficer
Sell2025-03-1417,6443,746,527212.3REENTS SCOTT T.Chief Financial Officer
Sell2025-03-0398,62820,263,020205.4GONZALEZ RICHARD ADirector
Sell2025-03-0321,2504,472,039210.4RICHMOND TIMOTHY JOfficer
Sell2025-03-0327,9005,822,402208.7SIATIS PERRY C.General Counsel
Grant2025-03-0318,0082,879,040159.9SIATIS PERRY C.General Counsel
Sell2025-02-2629,9176,070,036202.9RICHMOND TIMOTHY JOfficer
Grant2025-02-2622,2102,539,936114.4RICHMOND TIMOTHY JOfficer
Sell2025-02-2618,9443,853,372203.4BUCKBEE KEVIN KOfficer
Grant2025-02-2616,2601,601,31398.5BUCKBEE KEVIN KOfficer
Sell2025-02-205,7781,143,453197.9SIATIS PERRY C.General Counsel
Grant2025-02-13171,83700.0GONZALEZ RICHARD ADirector
Grant2025-02-1338,15400.0RICHMOND TIMOTHY JOfficer
Grant2025-02-1338,49800.0SALEKI-GERHARDT AZITAChief Operating Officer
Grant2025-02-1361,36200.0MICHAEL ROBERT A.Chief Executive Officer
Grant2025-02-1345,65100.0STEWART JEFFREY RYANOfficer
Grant2025-02-1325,34500.0DONOGHOE NICHOLASOfficer
Grant2025-02-1324,76300.0REENTS SCOTT T.Chief Financial Officer
Grant2025-02-1317,76200.0SIATIS PERRY C.General Counsel
Grant2025-02-138,34700.0BUCKBEE KEVIN KOfficer
Grant2025-02-1310,55500.0THAKKAR ROOPALOfficer
Sell2024-12-161,800310,032172.2BUCKBEE KEVIN KOfficer
Grant2024-12-161,800168,30093.5BUCKBEE KEVIN KOfficer
Grant2024-09-3057,67000.0GONZALEZ RICHARD AOfficer and Director
Grant2024-09-2425,63000.0SALEKI-GERHARDT AZITAChief Operating Officer
Sell2024-08-0566,50012,403,580186.5GONZALEZ RICHARD AOfficer and Director
Sell2024-07-17282,84549,497,875175.0GONZALEZ RICHARD AOfficer and Director
Grant2024-07-17282,84521,919,04877.5GONZALEZ RICHARD AOfficer and Director
Grant2024-06-286,00000.0GONZALEZ RICHARD AChief Executive Officer

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