EI Earnings Insight Lab
Abbvie Inc

Abbvie Inc FY 2024 Earnings Analysis

Reported on 2025-02-14 / Fiscal Year FY 2024
Revenue Up YoY EPS Below Prior Year Mixed Year
Abbvie Inc reported FY 2024 results with relatively stable operating performance.

Revenue grew 3.7% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

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Source: Company filings / processed earnings data
Revenue
$56.3B
YoY: 3.7115%
QoQ: N/A
Net Income
$4.3B
YoY: -12.0296%
QoQ: N/A
EPS (Diluted)
$2.39
YoY: -12.13%
Net Margin
7.6%
YoY: -1.36 pts
QoQ: N/A
Gross Margin
70%
Operating Margin
16.2%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Profitability was broadly stable.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Annual

Revenue trend and year-over-year growth across recent reported annual periods.

Net Income & Net Margin

Annual

Net income and net margin trend over recent reported annual periods.

Revenue Analysis

Abbvie Inc reported $56.3B in revenue for FY 2024, up 3.7% YoY. Positive year-over-year growth suggests healthier revenue momentum.

Revenue Snapshot
Current Fiscal Year $56.3B
Previous Fiscal Year $54.3B
YoY Change +3.7%

Profitability Analysis

Net income came in at $4.3B, down 12% YoY. Net margin was 7.6%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $4.3B
EPS $2.39
Net Margin 7.6%
YoY Margin Change -1.4 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Abbvie Inc's revenue in FY 2024?

Abbvie Inc reported revenue of $56.3B in FY 2024.

What was Abbvie Inc's net income in FY 2024?

Abbvie Inc reported net income of $4.3B in FY 2024.

How did Abbvie Inc's revenue change year over year?

Abbvie Inc's revenue increased by 3.7% year over year in FY 2024.

What was Abbvie Inc's net margin in FY 2024?

Abbvie Inc's net margin was 7.6% in FY 2024.

Related
Abbvie Inc FY 2023 Earnings

Compare this fiscal year with the previous annual earnings report.

Related
Abbvie Inc Company Overview

Explore company profile, industry, and historical context.

Related
Abbvie Inc Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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