Stock Analysis on Net
Stock Analysis on Net

AbbVie Inc. (NYSE:ABBV)

Total Asset Turnover
since 2012

Microsoft Excel

Calculation

AbbVie Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net revenues1 ÷ Total assets1
Dec 31, 2023 0.40 = 54,318 ÷ 134,711
Dec 31, 2022 0.42 = 58,054 ÷ 138,805
Dec 31, 2021 0.38 = 56,197 ÷ 146,529
Dec 31, 2020 0.30 = 45,804 ÷ 150,565
Dec 31, 2019 0.37 = 33,266 ÷ 89,115
Dec 31, 2018 0.55 = 32,753 ÷ 59,352
Dec 31, 2017 0.40 = 28,216 ÷ 70,786
Dec 31, 2016 0.39 = 25,638 ÷ 66,099
Dec 31, 2015 0.43 = 22,859 ÷ 53,050
Dec 31, 2014 0.72 = 19,960 ÷ 27,547
Dec 31, 2013 0.64 = 18,790 ÷ 29,198
Dec 31, 2012 0.68 = 18,380 ÷ 27,008

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 US$ in millions

Comparison to Competitors

AbbVie Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
AbbVie Inc. Amgen Inc. Bristol-Myers Squibb Co. Danaher Corp. Eli Lilly & Co. Gilead Sciences Inc. Johnson & Johnson Merck & Co. Inc. Moderna Inc. Pfizer Inc. Regeneron Pharmaceuticals Inc. Thermo Fisher Scientific Inc.
Dec 31, 2023 0.40 0.28 0.47 0.28 0.53 0.43 0.51 0.56 0.36 0.26 0.40 0.43
Dec 31, 2022 0.42 0.38 0.48 0.37 0.58 0.43 0.51 0.54 0.71 0.51 0.42 0.46
Dec 31, 2021 0.38 0.40 0.42 0.35 0.58 0.40 0.52 0.46 0.72 0.45 0.63 0.41
Dec 31, 2020 0.30 0.39 0.36 0.29 0.53 0.36 0.47 0.52 0.03 0.27 0.50 0.47
Dec 31, 2019 0.37 0.37 0.20 0.29 0.57 0.36 0.52 0.55 0.00 0.31 0.53 0.44
Dec 31, 2018 0.55 0.34 0.64 0.42 0.56 0.34 0.53 0.51 0.00 0.34 0.57 0.43
Dec 31, 2017 0.40 0.27 0.62 0.39 0.51 0.37 0.49 0.46 — 0.31 0.67 0.37
Dec 31, 2016 0.39 0.28 0.58 0.37 0.55 0.53 0.51 0.42 — 0.31 0.70 0.40
Dec 31, 2015 0.43 0.29 0.52 0.43 0.56 0.62 0.53 0.39 — 0.29 0.73 0.41
Dec 31, 2014 0.72 0.28 0.47 0.54 0.53 0.71 0.57 0.43 — 0.29 0.73 0.39
Dec 31, 2013 0.64 0.28 0.42 0.55 0.66 0.48 0.54 0.42 — 0.30 0.71 0.41
Dec 31, 2012 0.68 0.31 0.49 0.55 0.66 0.44 0.55 0.45 — 0.32 0.66 0.46

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)

AbbVie Inc., total asset turnover, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)

Microsoft Excel
AbbVie Inc. Pharmaceuticals, Biotechnology & Life Sciences
Dec 31, 2023 0.40 0.40
Dec 31, 2022 0.42 0.48
Dec 31, 2021 0.38 0.45
Dec 31, 2020 0.30 0.38
Dec 31, 2019 0.37 0.39
Dec 31, 2018 0.55 0.45
Dec 31, 2017 0.40 0.40
Dec 31, 2016 0.39 0.41
Dec 31, 2015 0.43 0.42
Dec 31, 2014 0.72 0.45
Dec 31, 2013 0.64 0.43
Dec 31, 2012 0.68 0.45

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Comparison to Industry (Health Care)

AbbVie Inc., total asset turnover, long-term trends, comparison to industry (health care)

Microsoft Excel
AbbVie Inc. Health Care
Dec 31, 2023 0.40 0.80
Dec 31, 2022 0.42 0.81
Dec 31, 2021 0.38 0.76
Dec 31, 2020 0.30 0.70
Dec 31, 2019 0.37 0.71
Dec 31, 2018 0.55 0.67
Dec 31, 2017 0.40 0.68
Dec 31, 2016 0.39 0.70
Dec 31, 2015 0.43 0.67
Dec 31, 2014 0.72 0.72
Dec 31, 2013 0.64 0.69
Dec 31, 2012 0.68 0.69

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).