AbbVie Pretax Profit Margin from 2010 to 2024

ABBV Stock  USD 183.08  1.94  1.07%   
AbbVie Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to 0.11 in 2024. During the period from 2010 to 2024, AbbVie Pretax Profit Margin regression line of quarterly data had mean square error of  0.01 and geometric mean of  0.20. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.11506315
Current Value
0.11
Quarterly Volatility
0.09516151
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of AbbVie Inc over the last few years. It is AbbVie's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbbVie's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

AbbVie Pretax Profit Margin Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.20
Coefficient Of Variation42.11
Mean Deviation0.08
Median0.23
Standard Deviation0.1
Sample Variance0.01
Range0.3444
R-Value(0.62)
Mean Square Error0.01
R-Squared0.38
Significance0.01
Slope(0.01)
Total Sum of Squares0.13

AbbVie Pretax Profit Margin History

2024 0.11
2021 0.23
2020 0.0742
2019 0.25
2018 0.16
2017 0.27

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.12  0.11 

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's 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 AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.