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Abbott Laboratories  (ABT)
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Abbott Laboratories's Pre-Tax Profit Margin by quarter

Trends, Rankings, Statistics



ABT Pre-Tax Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change 1.49 % -2.56 % -11.36 % -18.06 % -12.01 %
Seq. Revenue Change 0.97 % 1.65 % 2.37 % -3.41 % -3.06 %
Revenue In Millions $10,241.00 $10,143.00 $9,978.00 $9,747.00 $10,091.00
Pre-Tax Profit Margin 17.53 % 16.47 % 16.4 % 16.03 % 13.08 %
Pre-Tax Profit Margin Total Ranking # 753 # 1093 # 1125 # 1119 # 1582
Pre-Tax Income In Millions $1,795.00 $1,671.00 $1,636.00 $1,562.00 $1,320.00
Y / Y Pre-Tax Income Change 35.98 % -4.95 % -30.44 % -45.69 % -43.27 %
Seq. Pre-Tax Income Change 7.42 % 2.14 % 4.74 % 18.33 % -24.91 %


Commenting fourth Quarter 2023 Pre-Tax Profit Margin
Abbott Laboratories Pre-Tax Income grew by 7.42 % in IV. Quarter sequentially to 1,795 millions, while Revenue increased by 0.97 %, this led to improvement in the company's Pre-Tax Profit Margin to 17.53 %, above the Abbott Laboratories average Pre-Tax Profit Margin.

Observing fourth quarter 2023 results within Major Pharmaceutical Preparations industry 21 other companies have achieved higher Pre-Tax Profit Margin. While Pre-Tax Profit Margin total ranking has impoved so far to 753, from total ranking in previous quarter at 1093.

ABT's Pre-Tax Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 22
Healthcare Sector # 67
Overall # 752

Pre-Tax Profit Margin Statistics
High Average Low
28.77 % 15.61 % 0.04 %
(March 31, 2009)   (Mar 31 2016)




Other Pre-Tax Profit Margin Profitability Ratios
ABT's Cumulative Pre-Tax Profit Margin
Major Pharmaceutical Preparations Industry Pre-Tax Profit Margin Trends and Statistics
Healthcare Sector Pre-Tax Profit Margin Statistics
Pre-Tax Profit Margin Profitability Trends for overall market
ABT's Pre-Tax Profit Margin Profitability versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Pre-Tax Profit Margin
Lowest Ranking Pre-Tax Profit Margin
Pre-Tax Profit Margin Profit Margin for ABT's Competitors
Pre-Tax Profit Margin Profit Margin for Abbott Laboratories's Suppliers
Pre-Tax Profit Margin Profit Margin for ABT's Customers

You may also want to know
ABT's Annual Growth Rates ABT's Profitability Ratios ABT's Asset Turnover Ratio ABT's Dividend Growth
ABT's Roe ABT's Valuation Ratios ABT's Financial Strength Ratios ABT's Pre-Tax Income Growth
ABT's Roa ABT's Inventory Turnover Ratio ABT's Growth Rates ABT's Dividend Comparisons


Companies with similar Pre-Tax Profit Margin in the quarter ending Dec 31 2023, within Major Pharmaceutical Preparations Industry Pre-Tax Profit MarginDec 31 2023 MRQ Pre-Tax IncomeDec 31 2023 MRQ Revenue
United Therapeutics Corporation  48.06 %$ 295.400 $ 614.700 
Vertex Pharmaceuticals Inc  45.58 %$ 1,147.600 $ 2,517.700 
Protagonist Therapeutics inc   45.56 %$ 27.335 $ 60.000 
Catalyst Pharmaceuticals Inc   42.24 %$ 46.707 $ 110.568 
Regeneron Pharmaceuticals Inc   33.42 %$ 1,147.600 $ 3,434.300 
Zoetis Inc   29.37 %$ 650.000 $ 2,213.000 
Johnson and Johnson  28.23 %$ 3,820.000 $ 13,532.000 
Corcept Therapeutics Inc  27.18 %$ 36.808 $ 135.405 
Eli Lilly And Company  26.82 %$ 2,508.800 $ 9,353.400 
Ironwood Pharmaceuticals inc   25.83 %$ 30.360 $ 117.553 
Harmony Biosciences Holdings inc   23.56 %$ 39.689 $ 168.472 
Alpine Immune Sciences Inc   19.65 %$ 6.063 $ 30.853 
Novartis Ag  18.37 %$ 8,572.000 $ 46,660.000 
Abbott Laboratories  17.53 %$ 1,795.000 $ 10,241.000 
Astrazeneca Plc  15.06 %$ 6,899.000 $ 45,811.000 
Bristol myers Squibb Company  14.59 %$ 1,674.000 $ 11,477.000 
Teva Pharmaceutical Industries Limited  10.61 %$ 473.000 $ 4,456.000 
Abbvie inc   8.47 %$ 1,212.000 $ 14,301.000 
Sanofi  8.26 %$ 4,294.080 $ 52,016.960 
Hutchmed china Limited  6.96 %$ 58.308 $ 837.999 
Nature s Sunshine Products inc   6.92 %$ 7.661 $ 110.631 
Earth Science Tech Inc   6.68 %$ 0.225 $ 3.377 
Organon and Co   6.51 %$ 104.000 $ 1,598.000 
Jazz Pharmaceuticals Plc  6.08 %$ 61.526 $ 1,011.935 
Ionis Pharmaceuticals Inc  5.98 %$ 22.661 $ 379.125 
Kamada Ltd   5.91 %$ 8.429 $ 142.519 




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