Abbott Income Statement Research

ABT Stock  USD 113.48  1.98  1.78%   
Most accounts from Abbott Laboratories' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Abbott Laboratories current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Abbott Laboratories Valuation and Abbott Laboratories Correlation analysis.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
  
At this time, Abbott Laboratories' Depreciation And Amortization is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 21.1 B in 2024, whereas Total Revenue is likely to drop slightly above 22.2 B in 2024.
Most accounts from Abbott Laboratories' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Abbott Laboratories current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Abbott Laboratories Valuation and Abbott Laboratories Correlation analysis.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.At this time, Abbott Laboratories' Depreciation And Amortization is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 21.1 B in 2024, whereas Total Revenue is likely to drop slightly above 22.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit24.5B24.5B20.0B12.5B
Total Revenue43.1B43.7B40.1B22.2B

Abbott Laboratories income statement Correlations

0.830.730.750.740.750.660.590.730.90.720.680.020.570.30.780.470.540.440.53-0.03-0.540.330.49-0.43-0.06
0.830.630.60.580.640.370.40.550.690.650.360.110.190.440.550.650.430.040.320.01-0.660.410.39-0.75-0.49
0.730.630.960.970.980.80.70.820.730.990.77-0.170.720.290.840.260.780.290.5-0.34-0.310.230.36-0.28-0.21
0.750.60.960.990.990.910.850.940.810.960.9-0.180.830.350.780.370.660.470.38-0.28-0.410.30.56-0.34-0.14
0.740.580.970.990.980.910.810.90.770.970.87-0.250.820.290.840.30.660.470.4-0.34-0.370.240.48-0.28-0.16
0.750.640.980.990.980.850.810.910.80.970.85-0.110.770.390.770.390.70.380.4-0.24-0.420.330.53-0.39-0.22
0.660.370.80.910.910.850.90.920.760.780.96-0.390.940.180.730.270.430.730.25-0.36-0.330.170.59-0.140.15
0.590.40.70.850.810.810.90.970.770.70.94-0.130.880.430.460.530.260.64-0.03-0.09-0.420.390.77-0.4-0.05
0.730.550.820.940.90.910.920.970.830.820.96-0.110.870.420.630.510.40.630.14-0.1-0.480.390.73-0.42-0.1
0.90.690.730.810.770.80.760.770.830.710.80.020.70.430.620.610.570.440.42-0.09-0.530.410.67-0.480.05
0.720.650.990.960.970.970.780.70.820.710.76-0.150.690.330.830.290.730.290.46-0.3-0.360.260.38-0.34-0.32
0.680.360.770.90.870.850.960.940.960.80.76-0.140.960.340.660.340.420.750.24-0.12-0.310.330.68-0.20.12
0.020.11-0.17-0.18-0.25-0.11-0.39-0.13-0.110.02-0.15-0.14-0.250.61-0.260.2-0.04-0.230.050.880.030.630.08-0.32-0.31
0.570.190.720.830.820.770.940.880.870.70.690.96-0.250.140.620.220.430.740.24-0.23-0.080.110.570.010.27
0.30.440.290.350.290.390.180.430.420.430.330.340.610.140.090.510.14-0.02-0.010.48-0.330.940.44-0.68-0.4
0.780.550.840.780.840.770.730.460.630.620.830.66-0.260.620.09-0.030.670.460.68-0.32-0.220.120.14-0.010.0
0.470.650.260.370.30.390.270.530.510.610.290.340.20.220.51-0.030.090.06-0.110.18-0.570.410.72-0.88-0.33
0.540.430.780.660.660.70.430.260.40.570.730.42-0.040.430.140.670.09-0.090.82-0.38-0.040.040.07-0.060.01
0.440.040.290.470.470.380.730.640.630.440.290.75-0.230.74-0.020.460.06-0.090.060.07-0.220.080.520.110.35
0.530.320.50.380.40.40.25-0.030.140.420.460.240.050.24-0.010.68-0.110.820.06-0.160.01-0.03-0.070.130.19
-0.030.01-0.34-0.28-0.34-0.24-0.36-0.09-0.1-0.09-0.3-0.120.88-0.230.48-0.320.18-0.380.07-0.16-0.060.550.17-0.27-0.25
-0.54-0.66-0.31-0.41-0.37-0.42-0.33-0.42-0.48-0.53-0.36-0.310.03-0.08-0.33-0.22-0.57-0.04-0.220.01-0.06-0.32-0.570.70.35
0.330.410.230.30.240.330.170.390.390.410.260.330.630.110.940.120.410.040.08-0.030.55-0.320.39-0.61-0.33
0.490.390.360.560.480.530.590.770.730.670.380.680.080.570.440.140.720.070.52-0.070.17-0.570.39-0.58-0.04
-0.43-0.75-0.28-0.34-0.28-0.39-0.14-0.4-0.42-0.48-0.34-0.2-0.320.01-0.68-0.01-0.88-0.060.110.13-0.270.7-0.61-0.580.62
-0.06-0.49-0.21-0.14-0.16-0.220.15-0.05-0.10.05-0.320.12-0.310.27-0.40.0-0.330.010.350.19-0.250.35-0.33-0.040.62
Click cells to compare fundamentals

Abbott Laboratories Account Relationship Matchups

Abbott Laboratories income statement Accounts

201920202021202220232024 (projected)
Interest Expense576M500M490M375M698M663.1M
Total Revenue31.9B34.6B43.1B43.7B40.1B22.2B
Gross Profit18.7B19.6B24.5B24.5B20.0B12.5B
Operating Income4.5B5.4B8.4B8.4B6.4B3.8B
Ebit4.5B5.4B8.4B8.4B6.4B3.7B
Ebitda6.7B7.6B10.7B10.7B9.7B5.0B
Cost Of Revenue13.2B15.0B18.5B19.1B20.1B21.1B
Income Before Tax4.1B5.0B8.2B8.3B6.7B3.8B
Net Income3.7B4.5B7.1B6.9B5.7B3.1B
Income Tax Expense390M497M1.1B1.4B941M792.1M
Research Development2.4B2.4B2.7B2.9B2.7B2.3B
Minority Interest201M198M213M219M251.9M264.4M
Tax Provision390M497M1.1B1.4B1.0B949.8M
Interest Income94M492M491M377M384M269.0M
Net Interest Income(576M)(500M)(490M)(375M)(248M)(260.4M)

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

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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 Abbott Laboratories Valuation and Abbott Laboratories Correlation analysis.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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
0.55
Dividend Share
2.08
Earnings Share
3.26
Revenue Per Share
23.051
Quarterly Revenue Growth
0.015
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.