AbbVie Inc (ABBV)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 4,278,000 | 5,122,000 | 5,339,000 | 5,993,000 | 4,863,000 | 6,514,000 | 8,685,000 | 7,585,000 | 11,836,000 | 13,407,000 | 12,637,000 | 12,479,000 | 11,542,000 | 7,534,000 | 6,663,000 | 5,159,000 | 4,616,000 | 7,381,000 | 6,957,000 | 8,436,000 |
Revenue (ttm) | US$ in thousands | 56,334,000 | 55,533,000 | 55,000,000 | 54,403,000 | 54,318,000 | 55,138,000 | 56,023,000 | 56,741,000 | 58,054,000 | 57,819,000 | 57,349,000 | 56,725,000 | 56,197,000 | 55,169,000 | 53,729,000 | 50,195,000 | 45,804,000 | 40,650,000 | 36,227,000 | 34,057,000 |
Net profit margin | 7.59% | 9.22% | 9.71% | 11.02% | 8.95% | 11.81% | 15.50% | 13.37% | 20.39% | 23.19% | 22.04% | 22.00% | 20.54% | 13.66% | 12.40% | 10.28% | 10.08% | 18.16% | 19.20% | 24.77% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,278,000K ÷ $56,334,000K
= 7.59%
AbbVie Inc's net profit margin has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at a relatively high point of 24.77% in March 2020, the net profit margin decreased to 10.08% by December 2020. Subsequently, there was a gradual improvement in the net profit margin, with figures ranging between 10.28% to 23.19% until September 2022.
However, there was some variability in the net profit margin from March 31, 2023, onwards, with the margin declining to 7.59% by December 31, 2024. Overall, AbbVie Inc's net profit margin has experienced both peaks and troughs throughout this period, indicating fluctuations in profitability. Further analysis would be needed to understand the reasons behind these fluctuations and their impact on the company's financial performance.
Peer comparison
Dec 31, 2024