AbbVie Inc (ABBV)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 135,161,000 | 143,422,000 | 141,937,000 | 148,874,000 | 134,711,000 | 136,221,000 | 135,367,000 | 134,544,000 | 138,805,000 | 141,325,000 | 143,186,000 | 143,211,000 | 146,529,000 | 148,858,000 | 147,972,000 | 150,501,000 | 150,565,000 | 149,621,000 | 149,530,000 | 91,199,000 |
| ROA | 3.17% | 3.57% | 3.76% | 4.03% | 3.61% | 4.78% | 6.42% | 5.64% | 8.53% | 9.49% | 8.83% | 8.71% | 7.88% | 5.06% | 4.50% | 3.43% | 3.07% | 4.93% | 4.65% | 9.25% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,278,000K ÷ $135,161,000K
= 3.17%
AbbVie Inc's return on assets (ROA) has fluctuated over the period from March 31, 2020, to December 31, 2024.
The ROA started at a relatively high level of 9.25% in March 2020, then decreased to 4.65% by June 2020, and continued to decline to 3.07% by December 2020. This downward trend reversed in the following quarters as the ROA gradually increased to 8.83% by June 2022.
After reaching a peak of 9.49% in September 2022, the ROA experienced some fluctuations but generally stayed above 4% until December 2024. The ROA showed a slight decline in the last quarter, falling to 3.17% by December 31, 2024.
Overall, AbbVie Inc's ROA demonstrates variability over the period under consideration, with both upward and downward trends. It is important for investors and analysts to monitor these changes in ROA to understand how efficiently the company is generating profits from its assets.
Peer comparison
Dec 31, 2024