Mobile Menu

Abbott Laboratories - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Abbott Laboratories stacks up to the competition and put relevant competitor and industry information at your fingertips.

Abbott Laboratories - Overview

Brands

EAS, Ensure, Similac, ZonePerfect

Description

Abbott Laboratories is a public company headquartered in Illinois with an estimated 115,000 employees. In the US, the company has a notable market share in at least six industries: Medical Device Manufacturing, Drug & Alcohol Test Kit Manufacturing, Glucose Meter Manufacturing, Meal Replacement Product Manufacturing, Infant Formula Manufacturing, Toxicology Laboratories and Drug & Alcohol Test Kit Manufacturing. Their largest market share is in the Infant Formula Manufacturing industry, where they account for an estimated 58.6% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.

Company Details

  • Registered Name: Abbott Laboratories
  • Company Type: Operating
  • Exchange: NYSE
  • Headquarters: 100 Abbott Park Rd, North Chicago, IL 60064
  • Website: http://www.abbott.com/
  • Employees: 115,000

Abbott Laboratories - Operating Industries and Main Competitors

To view all of Abbott Laboratories's operating industries and competitors, see purchase options.

Abbott Laboratories - Products and Services

Infant Formula Manufacturing

Of the 3 core revenue-generating products and services in the Infant Formula Manufacturing industry, Abbott Laboratories offers:

  • Concentrated liquid formula
  • Powdered formula
  • Ready-to-feed formula

Toxicology Laboratories

Of the 6 core revenue-generating products and services in the Toxicology Laboratories industry, Abbott Laboratories offers:

  • Blood testing
  • Breath testing
  • Hair testing
  • Saliva testing
  • Urine testing
  • Other

Medical Device Manufacturing

Of the 12 core revenue-generating products and services in the Medical Device Manufacturing industry, Abbott Laboratories offers:

  • Electromedical cardiovascular devices
  • Electromedical neuroscience devices
  • Electromedical surgical devices
  • Hearing aids
  • Irradiation apparatus
  • Other

Meal Replacement Product Manufacturing

Of the 3 core revenue-generating products and services in the Meal Replacement Product Manufacturing industry, Abbott Laboratories offers:

  • Edible bars and other
  • Powdered products
  • Ready-to-drink shakes
To view Abbott Laboratories's full products and services, see purchase options.

Abbott Laboratories - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Abbott Laboratories's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Infant Formula Manufacturing , Toxicology Laboratories , Medical Device Manufacturing , Meal Replacement Product Manufacturing , Glucose Meter Manufacturing , Drug & Alcohol Test Kit Manufacturing industries

Strengths

Days Receivables: x.x%

Rank: 2 of 3 peers

Annual Turnover: x.x%

Rank: 2 of 3 peers

Weaknesses

Credit Risk: x.x%

Rank: 2 of 3 peers

Revenue per Employee: $xx

Rank: 2 of 3 peers

Opportunities

Threats

  • AAAAA
  • AAAAA
  • AAAAA
To view Abbott Laboratories's full SWOT analysis, see purchase options.

Looking for IBISWorld Industry Reports?

Gain strategic insight and analysis on 700+ in the United States industries
(& thousands of global industries)

Abbott Laboratories - Financial Statements

Abbott Laboratories Income Statement

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Revenue 30,578.0 31,904.0 34,608.0 43,075.0 43,653.0 40,109.0
Cost of Revenue
Cost of Revenue, Non-Cash
Gross Profit
00000

Abbott Laboratories Balance Sheet

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Cash and Equivalents 3,844.0 3,860.0 6,838.0 9,799.0 9,882.0 6,896.0
Short-Term Investments
Derivative Assets, Current
Restricted Cash and Investments
00000

Abbott Laboratories Cash Flow

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Net Income 2,368.0 3,687.0 4,495.0 7,071.0 N/A N/A
Income (Loss) From Discontinued Operations
Depreciation, Depletion and Amortization
Amortization of Financing Costs and Discounts
00000
To view all financial data for Abbott Laboratories, see purchase options.

Why purchase access to Benchmarking Pro?

This profile on Abbott Laboratories includes:

  • Company Overview
  • Company Revenue and Employee Data
  • Company Financial Statements
  • Industry Market Share Breakdown
  • Industry Competitor Matrix
  • SWOT Analysis
  • Products and Services
  • Key Company Benchmarks
  • Interconnected Competitor Profiles and Industry Reports
  • Full Access to Benchmarking Pro

The IBISWorld Benchmarking Pro solution enables you to:

  • Understand an enterprise’s competitive landscape and how they perform within a like-sized industry segment.
  • Benchmark companies against industry averages, segment averages and their competitors.
  • Identify real-world strengths, opportunities, weaknesses and threats for companies.
  • Target growth opportunities or spot red flags in a business growth strategy.
  • Toggle between company profiles and industry reports for a 360 degree view of a company's position.

IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Get Instant Access with Benchmarking Pro Membership

100% Money Back Guarantee Digicert Trusted
Download Sample Report

Benchmarking Pro

What's Inside
Benchmarking Pro?

A suite of company and industry data that:
  • Benchmarks companies against industry averages or like-sized segments, as well as close competitors
  • Identifies real-world strengths, opportunites, weaknesses and threats
  • Reveals growth opportunities or red flags in a business growth strategy
Learn more

Included in Report

  • Enterprise History & Synopsis Enterprise History & Synopsis
  • Enterprise Financial Statements Company Financial Statements
  • Financial Ratios Industry Market Share Breakdown
  • Industry Averages Industry Competitor Matrix
  • Competitive Landscape SWOT Analysis
  • Key Enterprise Personnel Products and Services
  • Subsidiaries & Ownership Structure Key Company Benchmarks

View all Companies

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal