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Abbott Laboratories Reports $9.2 Billion Quarterly Profit

By USinMinutes - Jan 22, 2025, 07:13 AM ET
Last Updated - Jan 22, 2025, 07:14 AM EST
Abbott Laboratories Reports $9.2 Billion Quarterly Profit

The company records $11 billion revenue for Q4 ended Dec 31, 2024

ABBOTT LABORATORIES [ABT] reported $9.2 billion profit   for Q4 ended Dec 31, 2024, showing an increase of $7.6 billion.

The company revealed in its 8-K filing to the SEC dated Jan 22, 2025 that it generated revenue of $11 billion   for the period, showing an increase of $733 million from the last quarter.

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Based in Abbott Park, Illinois, the company reported $5.3   earnings per share for the period, compared to $0.9 in the last quarter.

The revenue of Abbott Laboratories with 114,000 employees on the rolls showed 7.2% an increase from $10.2 billion in the last quarter.

The revenue increased 7.2% from $10.2 billion in the same quarter of the previous year.

Dollars in millions
Jun 30, 2024    Mar 31, 2024    Dec 31, 2023    Sep 30, 2023   

Income Statement

Revenue $10,377.0  $9,964.0  $40,109.0  $10,143.0 
Operating Profit $1,669.0  $1,386.0  $6,478.0  $1,647.0 
Net Income $1,302.0  $1,225.0  $5,723.0  $1,436.0 
Net Cash $91.0  -$612.0  -$2,986.0  -$3,173.0 
Gross Margin $5,774.0  $5,501.0  $22,134.0  $5,538.0 
Operating Margin $0.0  $0.0  $0.0  $0.0 
Profit as % of Revenues443.47 449.06 386.76 54.60 
Profit as % of Assets1.78 1.68 7.75 1.96 
Profit as % of Stockholder Equity3.29 3.14 14.74 3.81 
Return on Equity3.29 3.14 14.74 3.81 
Return on Assets1.78 1.69 7.82 1.99 
Turnover Ratio14.19 13.68 54.33 0.14 
EBITA$2,140.0 $1,858.0 $8,444.0 $0.0 

Balance Sheet

Total Assets $73,017.0  $72,467.0  $73,214.0  $72,090.0 
Total Liabilities $33,457.0  $33,424.0  $34,387.0  $34,396.0 

Cash Flow Statement

Operating Cash Flow $2,985.0  $1,025.0  $7,261.0  $4,223.0 
Investing Cash Flow -$878.0  -$425.0  -$3,133.0  -$2,309.0 
Financing Cash Flow -$1,967.0  -$1,176.0  -$7,091.0  -$5,039.0 
 
USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although we take care to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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