ABBVIE INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 67,002 | 105.1 |
| Stockholders' equity | (3,270) | -5.1 |
| Total capitalization | 63,732 | 100.0 |
1,767,117,285 shares outstanding at 27 July 2026 (cover page of the 10-Q filed 3 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 64,503 |
| Long-term debt, noncurrent | 58,941 |
| Current maturities | 6,056 |
| Short-term borrowings / commercial paper | 2,499 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 4,000,000,000 |
| Common shares issued | 1,838,678,628 |
| Treasury shares | 70,802,593 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 7/27/26 | 1,767,117,285 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 6.65 | 281.8 |
| 2024 | 6.29 | 263.2 |
| 2023 | 5.99 | 220.2 |
| 2022 | 5.71 | 86.1 |
| 2021 | 5.31 | 82.3 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 2834, Pharmaceutical Preparations. Large accelerated filer. Principal executive office: 1 North Waukegan Road, North Chicago, IL 60064. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 61,160 | 56,334 | 54,318 |
| Cost of revenues | 18,204 | 16,904 | 20,415 |
| Research and development | 9,096 | 12,791 | 7,675 |
| Selling, general and administrative | 14,010 | 14,752 | 12,872 |
| Depreciation and amortization | 762 | 764 | 752 |
| Operating income | 15,075 | 9,137 | 12,757 |
| Interest expense | 2,893 | 2,808 | 2,224 |
| Income before income taxes | 6,597 | 3,716 | 6,250 |
| Income taxes | 2,364 | (570) | 1,377 |
| Net income | 4,226 | 4,278 | 4,863 |
| Earned per share, diluted ($) | 2.36 | 2.39 | 2.72 |
| Dividends per share ($) | 6.65 | 6.29 | 5.99 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 5,229 | 5,524 |
| Receivables, net | 12,589 | 10,919 |
| Inventories | 4,951 | 4,181 |
| Total current assets | 29,062 | 25,582 |
| Property, plant and equipment, net | 5,628 | 5,134 |
| Goodwill | 35,640 | 34,956 |
| Total assets | 133,960 | 135,161 |
| Total current liabilities | 43,289 | 38,749 |
| Long-term debt | 58,941 | 60,340 |
| Stockholders' equity | (3,270) | 3,325 |
| Total liabilities and equity | 133,960 | 135,161 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 61,160 | 15,075 | 4,226 | 6.9 | 2.36 | 6.65 | 19,030 | 1,214 | 17,816 | 133,960 | 137,188d | 67,002 | (3,270) | -129.2 | -20.49 |
| 12/31/24 | 56,334 | 9,137 | 4,278 | 7.6 | 2.39 | 6.29 | 18,806 | 974 | 17,832 | 135,161 | 131,797d | 66,841 | 3,325 | 128.7 | 20.10 |
| 12/31/23 | 54,318 | 12,757 | 4,863 | 9.0 | 2.72 | 5.99 | 22,839 | 777 | 22,062 | 134,711 | 124,314d | 59,245 | 10,360 | 46.9 | 5.72 |
| 12/31/22 | 58,054 | 18,117 | 11,836 | 20.4 | 6.63 | 5.71 | 24,943 | 695 | 24,248 | 138,805 | 121,518d | 63,129 | 17,254 | 68.6 | 3.66 |
| 12/31/21 | 56,197 | 17,924 | 11,542 | 20.5 | 6.45 | 5.31 | 22,777 | 787 | 21,990 | 146,529 | 131,093d | 75,976 | 15,408 | 74.9 | 4.93 |
| 12/31/20 | 45,804 | 11,363 | 4,616 | 10.1 | 2.72 | 4.84 | 17,588 | 798 | 16,790 | 150,565 | 137,468d | 84,982 | 13,076 | 35.3 | 6.50 |
| 12/31/19 | 33,266 | 12,983 | 7,882 | 23.7 | 5.28 | 4.39 | 13,324 | 552 | 12,772 | 89,115 | 97,287d | 67,233 | (8,172) | -96.5 | -8.23 |
| 12/31/18 | 32,753 | 6,383 | 5,687 | 17.4 | 3.66 | 3.95 | 13,427 | 638 | 12,789 | 59,352 | 67,798d | 40,310 | (8,446) | -67.3 | -4.77 |
| 12/31/17 | 28,216 | 9,545 | 5,309 | 18.8 | 3.30 | 2.63 | 9,960 | 529 | 9,431 | 70,786 | 65,689d | 37,368 | 5,097 | 104.2 | 7.33 |
| 12/31/16 | 25,638 | 9,340 | 5,953 | 23.2 | 3.63 | 2.35 | 7,041 | 479 | 6,562 | 66,099 | 61,463d | 36,842 | 4,636 | 128.4 | 7.95 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
AbbVie Inc.
CIK 1551152 · EIN 32-0375147
PRINCIPAL OFFICE:
1 North Waukegan Road, North Chicago, IL 60064
Tel.: (847) 932-7900
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
2834 · Pharmaceutical Preparations
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 20 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/20/26) · 10-K FY2024 (filed 2/14/25) · 10-K FY2023 (filed 2/20/24) · 10-K FY2022 (filed 2/17/23) · 10-K FY2021 (filed 2/18/22) · 10-K FY2020 (filed 2/19/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/27/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.