Abbott Laboratories
Exchange: NYSESector: HealthcareIndustry: Medical Devices
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries. Connect with us at abbott.com and on LinkedIn, Facebook, Instagram, X and YouTube. About Flatiron Flatiron Health is a healthtech company expanding the possibilities for point of care solutions in oncology and using data for good to power smarter care for every person with cancer. Through machine learning and AI, real-world evidence, and breakthroughs in clinical trials, we continue to transform patients' real-life experiences into knowledge and create a more modern, connected oncology ecosystem. Flatiron Health is an independent affiliate of the Roche Group. SOURCE Abbott
Did you know?
A large-cap company with a $178.9B market cap.
Current Price
$102.87
+0.48%GoodMoat Value
$72.81
29.2% overvaluedProfile
Valuation (TTM)
Market Cap$178.88B
P/E27.42
EV$186.31B
P/B3.39
Shares Out1.74B
P/Sales4.04
Revenue$44.33B
EV/EBITDA15.14
Abbott Laboratories (ABT) Stock Analysis
GoodMoat Analysis
Abbott Laboratories is a high-quality healthcare giant with a durable competitive moat, but its current valuation appears significantly above the GoodMoat target price, suggesting a lack of margin of safety for a value investor.
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Abbott Laboratories is a diversified healthcare leader operating in medical devices, diagnostics, nutrition, and branded generics. Applying the GoodMoat framework, the company demonstrates a strong, durable moat, likely scoring well on criteria like regulatory barriers, brand strength, and niche dominance in areas like continuous glucose monitoring. Its financial quality is solid, with a respectable 18.2% operating margin, a manageable debt-to-equity ratio of 0.25, and a consistent dividend. However, the valuation assessment presents a significant hurdle. The current price of $104.83 is 44% above the GoodMoat target of $72.81, indicating a negative margin of safety. This is corroborated by a P/E of 27.9x, which is high relative to the modest 4.4% YoY revenue growth. Following the Decision Framework, while Abbott likely passes the Moat & Quality Gate, it fails the Valuation & Risk Gate. The stock is priced for perfection, offering no discount to its estimated intrinsic value. For a value investor, this makes the current price unfavourable, though the underlying business remains worthy of monitoring for a more attractive entry point. Analysis based on data as of 2024-05-15.
Market Cap$178.88B
Current Price$102.87
P/E Ratio27.42
Forward P/E—
PEG Ratio-0.34
EPS$3.72
Book Value$30.35
P/B Ratio3.39
ABT Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 8.6% FCF growth (CAGR)
Cash vs Debt
Net Debt: 4.0B
Revenue
31.9B
FY19
34.6B
FY20
43.1B
FY21
43.7B
FY22
40.1B
FY23
42.0B
FY24
44.3B
FY25
Net Income
3.7B
FY19
4.5B
FY20
7.1B
FY21
6.9B
FY22
5.7B
FY23
13.4B
FY24
6.5B
FY25
ABT 52-Week Range
$101.88
$136.15
50-Day MA: $109.49200-Day MA: $123.51
Did you know?
Pays a 2.30% dividend yield.
Abbott Laboratories (ABT) Financial Summary
Abbott Laboratories (ABT) is a Healthcare company in the Medical Devices industry, listed on NYSE. The stock currently trades at $102.87 with a market capitalization of $178.88B.
Key valuation metrics include a P/E ratio of 27.42, price-to-book ratio of 3.39, and EPS of $3.72. The company reports a profit margin of 14.7% and return on equity of 12.4%.
ABT Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $178.88B |
| P/E Ratio | 27.42 |
| EPS | $3.72 |
| P/B Ratio | 3.39 |
| P/S Ratio | 4.04 |
| EV/EBITDA | 15.14 |
| Dividend Yield | 2.30% |
| Profit Margin | 14.7% |
| Return on Equity | 12.4% |
| Debt/Equity | 0.25 |
ABT Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $31.90B | $3.69B |
| FY20 | $34.61B | $4.50B |
| FY21 | $43.08B | $7.07B |
| FY22 | $43.65B | $6.93B |
| FY23 | $40.11B | $5.72B |
| FY24 | $41.95B | $13.40B |
| FY25 | $44.33B | $6.52B |
Abbott Laboratories (ABT) Valuation
Based on GoodMoat's DCF model, Abbott Laboratories has a fair value estimate of $72.81. At the current price of $102.87, the stock appears 41.3% overvalued relative to our intrinsic value estimate.
ABT Quality Indicators
Abbott Laboratories maintains a profit margin of 14.7% and an operating margin of 18.2%. Return on equity stands at 12.4%. The current ratio is 1.58. Debt-to-equity ratio is 0.25.
About Abbott Laboratories
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries. Connect with us at abbott.com and on LinkedIn, Facebook, Instagram, X and YouTube. About Flatiron Flatiron Health is a healthtech company expanding the possibilities for point of care solutions in oncology and using data for good to power smarter care for every person with cancer. Through machine learning and AI, real-world evidence, and breakthroughs in clinical trials, we continue to transform patients' real-life experiences into knowledge and create a more modern, connected oncology ecosystem. Flatiron Health is an independent affiliate of the Roche Group. SOURCE Abbott
ABT Free Cash Flow
Abbott Laboratories generated $7.39B in trailing twelve-month free cash flow, representing an FCF yield of 4.13%. This moderate FCF yield indicates reasonable cash generation.
ABT Shares Outstanding
Abbott Laboratories has 1.74 billion shares outstanding at a share price of $102.87, giving it a market capitalization of $178.88B.
ABT Recent Insider Trades
Recent insider transactions at Abbott Laboratories include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Shroff Eric (Senior Vice President) | SELL | 709 | $81946.22 |
| Salvadori Daniel Gesua Sive (EVP AND GROUP PRESIDENT) | SELL | 885 | $102288.30 |
| Morrone Louis H. (EXECUTIVE VICE PRESIDENT) | SELL | 1,144 | $132223.52 |