Abbvie Historical Income Statement

ABBV
 Stock
  

USD 142.19  0.90  0.64%   

Historical analysis of Abbvie income statement accounts such as Consolidated Income of 9.3 B, Cost of Revenue of 18.8 B or Earning Before Interest and Taxes EBIT of 12.3 B can show how well Abbvie Inc performed in making a profits. Evaluating Abbvie income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Abbvie's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Abbvie Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Abbvie Inc is a good buy for the upcoming year.
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About Abbvie Income Statement Analysis

Abbvie Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Abbvie shareholders. The income statement also shows Abbvie investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Abbvie Income Statement Chart

Abbvie Inc Income Statement is one of the three primary financial statements used for reporting Abbvie's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Abbvie Inc revenue and expense. Abbvie Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Abbvie Direct Expenses is fairly stable at the moment as compared to the past year. Abbvie reported Direct Expenses of 17.45 Billion in 2021. Cost of Revenue is likely to climb to about 18.8 B in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 12.3 B in 2022.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Abbvie Inc financial statement analysis. It represents the amount of money remaining after all of Abbvie Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Abbvie for goods sold or services provided during a certain time period. It also includes all of Abbvie Inc sales as well as any other increase in Abbvie Inc equity.Revenues are reported on Abbvie Inc income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Abbvie income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Abbvie Inc 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. Please continue to Trending Equities.Abbvie Direct Expenses is fairly stable at the moment as compared to the past year. Abbvie reported Direct Expenses of 17.45 Billion in 2021. Cost of Revenue is likely to climb to about 18.8 B in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 12.3 B in 2022.
 2019 2020 2021 2022 (projected)
Consolidated Income7.88 B4.62 B11.55 B9.28 B
Direct Expenses7.44 B15.39 B17.45 B18.82 B

Abbvie income statement Correlations

Abbvie Account Relationship Matchups

Abbvie income statement Accounts

201720182019202020212022 (projected)
Direct Expenses7.04 B7.72 B7.44 B15.39 B17.45 B18.82 B
Consolidated Income5.31 B5.69 B7.88 B4.62 B11.55 B9.28 B
Cost of Revenue7.04 B7.72 B7.44 B15.39 B17.45 B18.82 B
Earning Before Interest and Taxes EBIT8.73 B6.34 B9.94 B5.67 B15.37 B12.3 B
Earning Before Interest and Taxes USD8.73 B6.34 B9.94 B5.67 B15.37 B12.3 B
Gross Profit21.17 B25.04 B25.83 B30.42 B38.75 B32.81 B
Interest Expense1 B1.14 B1.51 B2.28 B2.38 B2.57 B
Net Income5.31 B5.69 B7.88 B4.62 B11.54 B9.27 B
Net Income Common Stock5.31 B5.69 B7.88 B4.62 B11.54 B9.27 B
Net Income Common Stock USD5.31 B5.69 B7.88 B4.62 B11.54 B9.27 B
Operating Expenses11.63 B18.65 B12.84 B19.05 B20.83 B18.45 B
Operating Income9.54 B6.38 B12.98 B11.36 B17.92 B14.36 B
Revenues28.22 B32.75 B33.27 B45.8 B56.2 B46.38 B
Revenues USD28.22 B32.75 B33.27 B45.8 B56.2 B46.38 B
Research and Development Expense5.01 B10.33 B6.41 B6.56 B7.08 B6.65 B
Selling General and Administrative Expense6.29 B7.4 B6.94 B11.3 B12.35 B10.74 B
Weighted Average Shares1.6 B1.54 B1.48 B1.67 B1.77 B1.86 B
Weighted Average Shares Diluted1.6 B1.55 B1.48 B1.67 B1.78 B1.87 B
Income Tax Expense2.42 B(490 M)544 M(1.22 B)1.44 B1.55 B

Abbvie Investors Sentiment

The influence of Abbvie's 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 Abbvie. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Abbvie's public news can be used to forecast risks associated with investment in Abbvie. The trend in average sentiment can be used to explain how an investor holding Abbvie can time the market purely based on public headlines and social activities around Abbvie Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Abbvie's 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 Abbvie's 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 Abbvie's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Abbvie.

Abbvie Implied Volatility

    
  27.62  
Abbvie's implied volatility exposes the market's sentiment of Abbvie Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Abbvie's 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 Abbvie stock will not fluctuate a lot when Abbvie's 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 Abbvie 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, Abbvie's short interest history, or implied volatility extrapolated from Abbvie options trading.

Pair Trading with Abbvie

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 Abbvie 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 Abbvie will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Abbvie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abbvie 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 Abbvie - 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 Abbvie Inc to buy it.
The correlation of Abbvie is a statistical measure of how it moves in relation to other equities. 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 Abbvie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abbvie Inc 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 Abbvie 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
Please continue to Trending Equities. Note that the Abbvie Inc information on this page should be used as a complementary analysis to other Abbvie's 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Abbvie's 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 Abbvie. If investors know Abbvie 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 Abbvie 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 YOY
0.21
Market Capitalization
251.5 B
Quarterly Revenue Growth YOY
0.045
Return On Assets
0.0814
Return On Equity
0.93
The market value of Abbvie Inc is measured differently than its book value, which is the value of Abbvie that is recorded on the company's balance sheet. Investors also form their own opinion of Abbvie's value that differs from its market value or its book value, called intrinsic value, which is Abbvie's 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 Abbvie's market value can be influenced by many factors that don't directly affect Abbvie's 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 Abbvie's value and its price as these two are different measures arrived at by different means. Investors typically determine Abbvie value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbvie's 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.