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COMPANY BENCHMARKING • UNITED STATES

Abbott Laboratories - Company Profile

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Abbott Laboratories - Overview

Brands
EAS, Ensure, Similac, ZonePerfect
Description
Abbott Laboratories is a public company headquartered in Illinois with an estimated 73,000 employees. In the US, the company has a notable market share in at least eight industries: Pacemaker Manufacturing, Toxicology Laboratories, Drug & Alcohol Test Kit Manufacturing, Medical Device Manufacturing, Meal Replacement Product Manufacturing, Medical Equipment Repair & Maintenance Services, Laboratory Information Management Systems and Glucose Meter Manufacturing. Their largest market share is in the Pacemaker Manufacturing industry, where they account for an estimated 29.7% 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 Road Abbott Park IL 60064-3500

Website: http://www.abbott.com/

Employees: 73000

Abbott Laboratories - Operating Industries and Main Competitors

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Abbott Laboratories - Products and Services

  • Medical Device Manufacturing in the US

    • Of the 6 core revenue-generating products and services in the Medical Device Manufacturing in the US industry, Abbott Laboratories offers:
    • Cardiovascular devices
    • Diabetes devices
    • Irradiation devices
    • AAAAA AAAAA

  • 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

  • Medical Equipment Repair & Maintenance Services

    • Of the 6 core revenue-generating products and services in the Medical Equipment Repair & Maintenance Services industry, Abbott Laboratories offers:
    • Cardiovascular devices repaired by OEMs
    • Independent repair service organizations
    • Irradiation devices repaired by OEMs
    • AAAAA AAAAA
error_outline To view Abbott Laboratories's full products and services, see purchase options.

Abbott Laboratories - Analyst Insights

Abbott has developed COVID-19 testing products and services

In response to the coronavirus pandemic, Abbott Laboratories (Abbott) has developed a suite of COVID-19 testing products for a variety of markets and applications. These, in order of amount of revenue generated in 2020 and 2021, include: BinaxNOW (an at home Ag Card rapid test for the US market), Panibio (a rapid antigen test for the European market), and ID NOW (a COVID-19 testing platform), among other products.

COVID|Balance Sheet|New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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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 Medical Device Manufacturing in the US, Meal Replacement Product Manufacturing, and Medical Equipment Repair & Maintenance Services industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Abbott Laboratories's full SWOT analysis, see purchase options.

Abbott Laboratories - Financial Statements & Ratios

pie_chartAbbott Laboratories Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue43,075.034,608.031,904.030,578.027,390.020,853.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartAbbott Laboratories Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents9,799.06,838.03,860.03,844.09,407.018,620.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartAbbott Laboratories Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income7,071.04,495.03,687.02,368.0477.01,400.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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    Products and Services
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  • Products and Services
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