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ABBOTT LABORATORIES Income Tax Expense 2007-2026 | ABT

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is ABBOTT LABORATORIES's current income tax expense?

ABBOTT LABORATORIES (ABT) annual income tax expense for 2025 was $1.94B, a 130.40% increase from 2024. ABBOTT LABORATORIES income tax expense for the quarter ending March 31, 2026 was $372.0M.

What was ABBOTT LABORATORIES's income tax expense in 2024?

ABBOTT LABORATORIES annual income tax expense for 2024 was $-6.39B, a 778.96% decline from 2023.

What was ABBOTT LABORATORIES's income tax expense in 2023?

ABBOTT LABORATORIES annual income tax expense for 2023 was $941.0M, a 31.46% decline from 2022.

What is ABBOTT LABORATORIES's 5-year income tax expense CAGR?

ABBOTT LABORATORIES income tax expense grew at a compound annual growth rate (CAGR) of 31.33% from FY2020 to FY2025, going from $497.0M to $1.94B over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+31.3%
FY2020
$497.0M
→
FY2025
$1.94B
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$1.94B+130.4%10-K
FY2024$-6.39B-779.0%10-K
FY2023$941.0M-31.5%10-K
FY2022$1.37B+20.4%10-K
FY2021$1.14B+129.4%10-K
FY2020$497.0M+27.4%10-K
FY2019$390.0M-27.6%10-K
FY2018$539.0M-71.3%10-K
FY2017$1.88B+436.6%10-K
FY2016$350.0M-39.3%10-K
FY2015$577.0M-27.6%10-K
FY2014$797.0M+1403.8%10-K
FY2013$53.0M+111.6%10-K
FY2012$-457.0M-515.5%10-K
FY2011$110.0M-89.9%10-K
FY2010$1.09B-25.0%10-K
FY2009$1.45B+29.0%10-K
FY2008$1.12B+30.0%10-K
FY2007$863.3M-10-K
Company: ABBOTT LABORATORIESTicker: ABTSector: HealthcareIndustry: Pharmaceutical PreparationsView company profile →