Stock Analysis on Net

Abbott Laboratories (NYSE:ABT)

$24.99

Common-Size Income Statement

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Abbott Laboratories, common-size consolidated income statement

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12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net sales
Cost of products sold, excluding amortization of intangible assets
Amortization of intangible assets
Gross profit
Research and development
Selling, general and administrative
Operating earnings
Interest expense
Interest income
Net foreign exchange gain (loss)
Debt extinguishment costs
Other income (expense), net
Earnings from continuing operations before taxes
Taxes on earnings from continuing operations
Earnings from continuing operations
Net earnings from discontinued operations, net of taxes
Net earnings

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).

Income statement item Description The company
Operating earnings The net result for the period of deducting operating expenses from operating revenues. Abbott Laboratories operating earnings as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.
Earnings from continuing operations before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Abbott Laboratories earnings from continuing operations before taxes as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Abbott Laboratories net earnings as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.