Abbott Operating Income from 2010 to 2024

ABT Stock  USD 107.28  2.01  1.91%   
Abbott Laboratories Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about 3.8 B in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Abbott Laboratories generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
1.9 B
Current Value
1.4 B
Quarterly Volatility
782.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abbott Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abbott main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 605.1 M or Selling General Administrative of 6.2 B, as well as many exotic indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.0176 or PTB Ratio of 2.62. Abbott financial statements analysis is a perfect complement when working with Abbott Laboratories Valuation or Volatility modules.
  
This module can also supplement Abbott Laboratories' financial leverage analysis and stock options assessment as well as various Abbott Laboratories Technical models . Check out the analysis of Abbott Laboratories Correlation against competitors.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.

Latest Abbott Laboratories' Operating Income Growth Pattern

Below is the plot of the Operating Income of Abbott Laboratories over the last few years. Operating Income is the amount of profit realized from Abbott Laboratories operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Abbott Laboratories is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Abbott Laboratories' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abbott Laboratories' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Abbott Operating Income Regression Statistics

Arithmetic Mean4,548,588,438
Geometric Mean3,836,419,288
Coefficient Of Variation53.81
Mean Deviation2,022,329,250
Median3,844,726,571
Standard Deviation2,447,588,815
Sample Variance5990691T
Range7.7B
R-Value0.41
Mean Square Error5369855.6T
R-Squared0.17
Significance0.13
Slope224,097,807
Total Sum of Squares83869674.1T

Abbott Operating Income History

20243.8 B
20236.5 B
20228.4 B
20218.4 B
20205.4 B
20194.5 B
20183.6 B

Other Fundumenentals of Abbott Laboratories

Abbott Laboratories Operating Income component correlations

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0.750.550.930.680.650.49-0.060.89-0.36-0.06-0.10.580.53-0.740.830.810.010.38-0.24-0.470.35-0.7-0.65-0.390.65
0.770.550.290.520.810.26-0.430.49-0.14-0.20.010.980.8-0.390.580.86-0.730.71-0.27-0.22-0.01-0.73-0.33-0.58-0.03
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0.840.680.520.560.810.760.080.61-0.020.140.320.470.5-0.330.820.73-0.080.32-0.4-0.660.32-0.32-0.15-0.170.16
0.970.650.810.50.810.75-0.230.54-0.24-0.070.130.760.88-0.520.720.82-0.450.7-0.19-0.360.21-0.48-0.13-0.29-0.02
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0.630.890.490.80.610.540.28-0.34-0.02-0.32-0.150.520.47-0.640.870.820.040.45-0.23-0.670.43-0.81-0.77-0.470.74
-0.3-0.36-0.14-0.42-0.02-0.24-0.31-0.3-0.02-0.070.11-0.23-0.230.590.06-0.10.020.03-0.11-0.56-0.050.070.010.040.04
-0.06-0.06-0.2-0.090.14-0.070.340.44-0.32-0.070.05-0.26-0.230.33-0.14-0.260.21-0.35-0.28-0.02-0.270.460.310.32-0.2
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-0.62-0.74-0.39-0.81-0.33-0.52-0.360.09-0.640.590.330.42-0.46-0.5-0.46-0.57-0.02-0.31-0.28-0.05-0.410.560.420.32-0.37
0.80.830.580.70.820.720.52-0.250.870.06-0.140.070.530.52-0.460.88-0.040.47-0.38-0.730.31-0.64-0.47-0.380.47
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-0.340.01-0.730.27-0.08-0.450.060.420.040.020.21-0.14-0.74-0.54-0.02-0.04-0.41-0.530.16-0.10.390.33-0.080.230.41
0.580.380.710.240.320.70.34-0.720.450.03-0.35-0.110.650.93-0.310.470.6-0.53-0.01-0.320.19-0.56-0.27-0.280.14
-0.23-0.24-0.270.02-0.4-0.19-0.14-0.05-0.23-0.11-0.28-0.18-0.27-0.01-0.28-0.38-0.340.16-0.010.440.070.190.120.13-0.08
-0.35-0.47-0.22-0.36-0.66-0.36-0.320.22-0.67-0.56-0.02-0.22-0.16-0.23-0.05-0.73-0.5-0.1-0.320.44-0.280.350.440.13-0.55
0.260.35-0.010.450.320.210.270.030.43-0.05-0.27-0.150.00.19-0.410.310.230.390.190.07-0.28-0.24-0.24-0.170.38
-0.54-0.7-0.73-0.51-0.32-0.480.060.57-0.810.070.460.27-0.78-0.540.56-0.64-0.830.33-0.560.190.35-0.240.810.81-0.48
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-0.33-0.39-0.58-0.24-0.17-0.290.180.39-0.470.040.320.18-0.58-0.290.32-0.38-0.570.23-0.280.130.13-0.170.810.69-0.17
0.040.65-0.030.70.16-0.02-0.03-0.090.740.04-0.2-0.160.020.04-0.370.470.290.410.14-0.08-0.550.38-0.48-0.8-0.17
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About Abbott Laboratories Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Abbott Laboratories income statement, its balance sheet, and the statement of cash flows. Abbott Laboratories investors use historical funamental indicators, such as Abbott Laboratories's Operating Income, to determine how well the company is positioned to perform in the future. Although Abbott Laboratories investors may use each financial statement separately, they are all related. The changes in Abbott Laboratories's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Abbott Laboratories's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Abbott Laboratories Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Abbott Laboratories. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income6.5 B3.8 B
Non Operating Income Net Other577.3 M606.2 M

Abbott Laboratories Investors Sentiment

The influence of Abbott Laboratories' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Abbott. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Abbott Laboratories' public news can be used to forecast risks associated with an investment in Abbott. The trend in average sentiment can be used to explain how an investor holding Abbott can time the market purely based on public headlines and social activities around Abbott Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Abbott Laboratories' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Abbott Laboratories' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Abbott Laboratories' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Abbott Laboratories.

Abbott Laboratories Implied Volatility

    
  22.88  
Abbott Laboratories' implied volatility exposes the market's sentiment of Abbott Laboratories stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Abbott Laboratories' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Abbott Laboratories stock will not fluctuate a lot when Abbott Laboratories' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Abbott Laboratories in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Abbott Laboratories' short interest history, or implied volatility extrapolated from Abbott Laboratories options trading.

Pair Trading with Abbott Laboratories

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abbott Laboratories position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abbott Laboratories will appreciate offsetting losses from the drop in the long position's value.

Moving against Abbott Stock

  0.47GCTK GlucoTrackPairCorr
  0.43WST West Pharmaceutical Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Abbott Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abbott Laboratories when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abbott Laboratories - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abbott Laboratories to buy it.
The correlation of Abbott Laboratories is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abbott Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abbott Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abbott Laboratories can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Abbott Laboratories is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Abbott Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Abbott Laboratories Stock. Highlighted below are key reports to facilitate an investment decision about Abbott Laboratories Stock:
Check out the analysis of Abbott Laboratories Correlation against competitors.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
Note that the Abbott Laboratories information on this page should be used as a complementary analysis to other Abbott Laboratories' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is Abbott Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abbott Laboratories. If investors know Abbott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abbott Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
2.12
Earnings Share
3.21
Revenue Per Share
23.183
Quarterly Revenue Growth
0.022
The market value of Abbott Laboratories is measured differently than its book value, which is the value of Abbott that is recorded on the company's balance sheet. Investors also form their own opinion of Abbott Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Abbott Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abbott Laboratories' market value can be influenced by many factors that don't directly affect Abbott Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abbott Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abbott Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbott Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.