ABBOTT LABORATORIES Gross Profit 2007-2025 | ABT
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What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is ABBOTT LABORATORIES's current gross profit?
ABBOTT LABORATORIES (ABT) annual gross profit for 2024 was $23.24B, a 5.01% increase from 2023. ABBOTT LABORATORIES gross profit for the quarter ending September 30, 2025 was $6.29B.
What was ABBOTT LABORATORIES's gross profit in 2023?
ABBOTT LABORATORIES annual gross profit for 2023 was $22.13B, a 9.70% decline from 2022.
What was ABBOTT LABORATORIES's gross profit in 2022?
ABBOTT LABORATORIES annual gross profit for 2022 was $24.51B, a 0.11% decline from 2021.
What is ABBOTT LABORATORIES's 5-year gross profit CAGR?
ABBOTT LABORATORIES gross profit grew at a compound annual growth rate (CAGR) of 4.48% from FY2019 to FY2024, going from $18.67B to $23.24B over 5 years.
Gross Profit History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+4.5%
FY2019
$18.67B
→
FY2024
$23.24B
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5 years selected
Gross Profit History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $23.24B | +5.0% | 10-K |
| FY2023 | $22.13B | -9.7% | 10-K |
| FY2022 | $24.51B | -0.1% | 10-K |
| FY2021 | $24.54B | +25.2% | 10-K |
| FY2020 | $19.61B | +5.0% | 10-K |
| FY2019 | $18.67B | +4.5% | 10-K |
| FY2018 | $17.87B | +18.7% | 10-K |
| FY2017 | $15.05B | +27.3% | 10-K |
| FY2016 | $11.83B | +1.5% | 10-K |
| FY2015 | $11.66B | +5.7% | 10-K |
| FY2014 | $11.03B | +5.4% | 10-K |
| FY2013 | $10.46B | +3.1% | 10-K |
| FY2012 | $10.15B | -10.9% | 10-K |
| FY2011 | $11.39B | -44.4% | 10-K |
| FY2010 | $20.50B | +16.8% | 10-K |
| FY2009 | $17.56B | +3.8% | 10-K |
| FY2008 | $16.92B | +16.7% | 10-K |
| FY2007 | $14.49B | - | 10-K |
Company: ABBOTT LABORATORIESTicker: ABTSector: HealthcareIndustry: Pharmaceutical PreparationsView company profile →