Analysis of Geographic Areas
AbbVie Inc. operates in 2 regions: United States and All other countries.
Area Asset Turnover
AbbVie Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 12.92 | 13.34 | 14.10 | 12.91 | 10.40 |
| All other countries | 7.38 | 6.72 | 7.29 | 7.29 | 5.77 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| All other countries | All other countries area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
AbbVie Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenues | 43,029) | 41,883) | 45,713) | 43,510) | 34,879) |
| Long-lived assets | 3,331) | 3,139) | 3,243) | 3,369) | 3,354) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 12.92 | 13.34 | 14.10 | 12.91 | 10.40 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 43,029 ÷ 3,331 = 12.92
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: All other countries
AbbVie Inc.; All other countries; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenues | 13,305) | 12,435) | 12,341) | 12,687) | 10,925) |
| Long-lived assets | 1,803) | 1,850) | 1,692) | 1,741) | 1,894) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 7.38 | 6.72 | 7.29 | 7.29 | 5.77 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 13,305 ÷ 1,803 = 7.38
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | All other countries | All other countries area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Net revenues
AbbVie Inc., net revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 43,029) | 41,883) | 45,713) | 43,510) | 34,879) |
| All other countries | 13,305) | 12,435) | 12,341) | 12,687) | 10,925) |
| Total | 56,334) | 54,318) | 58,054) | 56,197) | 45,804) |
Based on: 10-K (reporting date: 2024-12-31), 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).
Long-lived assets
AbbVie Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 3,331) | 3,139) | 3,243) | 3,369) | 3,354) |
| All other countries | 1,803) | 1,850) | 1,692) | 1,741) | 1,894) |
| Total | 5,134) | 4,989) | 4,935) | 5,110) | 5,248) |
Based on: 10-K (reporting date: 2024-12-31), 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).