A

AbbVie Inc.

ABBV · CIK 0001551152

15 fiscal years · 53 SEC filings · every number carries its receipt

Revenue (FY)
$61.16B8.6%
FY2025
Net income (FY)
$4.23B1.2%
FY2025
Free cash flow (FY)
$17.82B0.1%
FY2025
Diluted EPS (FY)
$2.361.3%
FY2025
The story, charted

The shape of the business

FY2011–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40B$60BFY2011 · Revenue $17.44B · 0001047469-14-001154 · filed 2014-02-21FY11Revenue $17.44B0001047469-14-001154 · filed 2014-02-21FY2012 · Revenue $18.38B · 0001047469-15-000995 · filed 2015-02-20FY12Revenue $18.38B0001047469-15-000995 · filed 2015-02-20FY2013 · Revenue $18.79B · 0001047469-16-010239 · filed 2016-02-19FY13Revenue $18.79B0001047469-16-010239 · filed 2016-02-19FY2014 · Revenue $19.96B · Net income $1.77B · 0001551152-17-000004 · filed 2017-02-17FY14Revenue $19.96BNet income $1.77B0001551152-17-000004 · filed 2017-02-17FY2015 · Revenue $22.86B · Net income $5.14B · 0001551152-18-000014 · filed 2018-02-16FY15Revenue $22.86BNet income $5.14B0001551152-18-000014 · filed 2018-02-16FY2016 · Revenue $25.64B · Net income $5.95B · 0001551152-19-000008 · filed 2019-02-27FY16Revenue $25.64BNet income $5.95B0001551152-19-000008 · filed 2019-02-27FY2017 · Revenue $28.22B · Net income $5.31B · 0001551152-20-000007 · filed 2020-02-21FY17Revenue $28.22BNet income $5.31B0001551152-20-000007 · filed 2020-02-21FY2018 · Revenue $32.75B · Net income $5.69B · 0001551152-21-000008 · filed 2021-02-19FY18Revenue $32.75BNet income $5.69B0001551152-21-000008 · filed 2021-02-19FY2019 · Revenue $33.27B · Net income $7.88B · 0001551152-22-000007 · filed 2022-02-18FY19Revenue $33.27BNet income $7.88B0001551152-22-000007 · filed 2022-02-18FY2020 · Revenue $45.80B · Net income $4.62B · 0001551152-23-000011 · filed 2023-02-17FY20Revenue $45.80BNet income $4.62B0001551152-23-000011 · filed 2023-02-17FY2021 · Revenue $56.20B · Net income $11.54B · 0001551152-24-000011 · filed 2024-02-20FY21Revenue $56.20BNet income $11.54B0001551152-24-000011 · filed 2024-02-20FY2022 · Revenue $58.05B · Net income $11.84B · 0001551152-25-000020 · filed 2025-02-14FY22Revenue $58.05BNet income $11.84B0001551152-25-000020 · filed 2025-02-14FY2023 · Revenue $54.32B · Net income $4.86B · 0001551152-26-000008 · filed 2026-02-20FY23Revenue $54.32BNet income $4.86B0001551152-26-000008 · filed 2026-02-20FY2024 · Revenue $56.33B · Net income $4.28B · 0001551152-26-000008 · filed 2026-02-20FY24Revenue $56.33BNet income $4.28B0001551152-26-000008 · filed 2026-02-20FY2025 · Revenue $61.16B · Net income $4.23B · 0001551152-26-000008 · filed 2026-02-20FY25Revenue $61.16BNet income $4.23B0001551152-26-000008 · filed 2026-02-20FY25Revenue $61.16BNet income $4.23B0001551152-26-000008 · filed 2026-02-20FY11FY13FY15FY17FY19FY21FY23FY25

revenue 3.5× since FY2011 · net margin 8.9% → 6.9%

MarginsNet marginFCF margin
0%20%40%FY2011 · FCF margin 33.8%FY11FCF margin 33.8%derived: (ocf − capex) ÷ revenueFY2012 · FCF margin 32.7%FY12FCF margin 32.7%derived: (ocf − capex) ÷ revenueFY2013 · FCF margin 30.7%FY13FCF margin 30.7%derived: (ocf − capex) ÷ revenueFY2014 · Net margin 8.9% · FCF margin 14.7%FY14Net margin 8.9%FCF margin 14.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 22.5% · FCF margin 30.6%FY15Net margin 22.5%FCF margin 30.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 23.2% · FCF margin 25.6%FY16Net margin 23.2%FCF margin 25.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 18.8% · FCF margin 33.4%FY17Net margin 18.8%FCF margin 33.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 17.4% · FCF margin 39.0%FY18Net margin 17.4%FCF margin 39.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 23.7% · FCF margin 38.4%FY19Net margin 23.7%FCF margin 38.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 10.1% · FCF margin 36.7%FY20Net margin 10.1%FCF margin 36.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 20.5% · FCF margin 39.1%FY21Net margin 20.5%FCF margin 39.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 20.4% · FCF margin 41.8%FY22Net margin 20.4%FCF margin 41.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 9.0% · FCF margin 40.6%FY23Net margin 9.0%FCF margin 40.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 7.6% · FCF margin 31.7%FY24Net margin 7.6%FCF margin 31.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 6.9% · FCF margin 29.1%FY25Net margin 6.9%FCF margin 29.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 6.9%FCF margin 29.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’13’16’19’22’25

FY2025: net 6.9% · free cash flow 29.1% of revenue

Cash engineOperating cash flowFree cash flow
$0$10B$20BFY2011 · OCF $6.25B · FCF $5.89B · 0001047469-14-001154 · filed 2014-02-21FY11OCF $6.25BFCF $5.89B0001047469-14-001154 · filed 2014-02-21FY2012 · OCF $6.34B · FCF $6.01B · 0001047469-15-000995 · filed 2015-02-20FY12OCF $6.34BFCF $6.01B0001047469-15-000995 · filed 2015-02-20FY2013 · OCF $6.27B · FCF $5.78B · 0001047469-16-010239 · filed 2016-02-19FY13OCF $6.27BFCF $5.78B0001047469-16-010239 · filed 2016-02-19FY2014 · OCF $3.55B · FCF $2.94B · 0001551152-17-000004 · filed 2017-02-17FY14OCF $3.55BFCF $2.94B0001551152-17-000004 · filed 2017-02-17FY2015 · OCF $7.54B · FCF $7.00B · 0001551152-18-000014 · filed 2018-02-16FY15OCF $7.54BFCF $7.00B0001551152-18-000014 · filed 2018-02-16FY2016 · OCF $7.04B · FCF $6.56B · 0001551152-19-000008 · filed 2019-02-27FY16OCF $7.04BFCF $6.56B0001551152-19-000008 · filed 2019-02-27FY2017 · OCF $9.96B · FCF $9.43B · 0001551152-20-000007 · filed 2020-02-21FY17OCF $9.96BFCF $9.43B0001551152-20-000007 · filed 2020-02-21FY2018 · OCF $13.43B · FCF $12.79B · 0001551152-21-000008 · filed 2021-02-19FY18OCF $13.43BFCF $12.79B0001551152-21-000008 · filed 2021-02-19FY2019 · OCF $13.32B · FCF $12.77B · 0001551152-22-000007 · filed 2022-02-18FY19OCF $13.32BFCF $12.77B0001551152-22-000007 · filed 2022-02-18FY2020 · OCF $17.59B · FCF $16.79B · 0001551152-23-000011 · filed 2023-02-17FY20OCF $17.59BFCF $16.79B0001551152-23-000011 · filed 2023-02-17FY2021 · OCF $22.78B · FCF $21.99B · 0001551152-24-000011 · filed 2024-02-20FY21OCF $22.78BFCF $21.99B0001551152-24-000011 · filed 2024-02-20FY2022 · OCF $24.94B · FCF $24.25B · 0001551152-25-000020 · filed 2025-02-14FY22OCF $24.94BFCF $24.25B0001551152-25-000020 · filed 2025-02-14FY2023 · OCF $22.84B · FCF $22.06B · 0001551152-26-000008 · filed 2026-02-20FY23OCF $22.84BFCF $22.06B0001551152-26-000008 · filed 2026-02-20FY2024 · OCF $18.81B · FCF $17.83B · 0001551152-26-000008 · filed 2026-02-20FY24OCF $18.81BFCF $17.83B0001551152-26-000008 · filed 2026-02-20FY2025 · OCF $19.03B · FCF $17.82B · 0001551152-26-000008 · filed 2026-02-20FY25OCF $19.03BFCF $17.82B0001551152-26-000008 · filed 2026-02-20FY25OCF $19.03BFCF $17.82B0001551152-26-000008 · filed 2026-02-20’13’16’19’22’25

FY2025: $19.03B operating cash − $1.21B capex = $17.82B free cash flow

Returns on capitalReturn on equityReturn on assets
-100%0%100%FY2014 · ROE 101.8% · ROA 6.4%FY14ROE 101.8%ROA 6.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 130.4% · ROA 9.7%FY15ROE 130.4%ROA 9.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 128.4% · ROA 9.0%FY16ROE 128.4%ROA 9.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 104.2% · ROA 7.5%FY17ROE 104.2%ROA 7.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE -67.3% · ROA 9.6%FY18ROE -67.3%ROA 9.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE -96.5% · ROA 8.8%FY19ROE -96.5%ROA 8.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 35.3% · ROA 3.1%FY20ROE 35.3%ROA 3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 74.9% · ROA 7.9%FY21ROE 74.9%ROA 7.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 68.6% · ROA 8.5%FY22ROE 68.6%ROA 8.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 46.9% · ROA 3.6%FY23ROE 46.9%ROA 3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 128.7% · ROA 3.2%FY24ROE 128.7%ROA 3.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE -129.2% · ROA 3.2%FY25ROE -129.2%ROA 3.2%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE -129.2%ROA 3.2%derived: net income ÷ equity · derived: net income ÷ assets’16’19’22’25

return on equity 102% (FY2014) → -129% (FY2025) · on assets 3.2%

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.