Abbott Laboratories (ABT) stock

Health Care · Health Care Equipment

$103.70
+$1.19 +1.16%
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Abbott Laboratories (ABT) is a Health Care Equipment company in the Health Care sector, headquartered in North Chicago, Illinois. As of October 23, 2026, ABT closed at $103.70, a market capitalization of $179.44 billion, the 67th largest company in the S&P 500. Over the last twelve months it generated $48.23 billion in revenue (+14% year over year) and $7.38 billion in free cash flow. The stock trades at 38.6x trailing earnings and 17.4x forward earnings.

  • 1-year total return: -15.9% (dividends reinvested)
  • 5-year return: -2.0% a year
  • 52-week range: $81.97 – $132.03
  • Gross margin 57.1%, operating margin 11.3%
  • Dividend yield: 2.43%, 12 straight years of increases
  • FI Handbook report card: C+ across 9 metrics
  • 9th largest of 60 Health Care stocks in the S&P 500

ABT price chart

1Y price change: -17.9% (price only; total returns below include dividends)

$80.00
$100.00
$120.00
Nov2026MarMayJulSep
ABT total returns
Total return1MYTD1Y3Y5Y10YMAX
ABT+0.8%-15.2%-15.9%+4.9%-2.0%+11.9%+14.7%

Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.

ABT key statistics

Market cap
$179.4B
#67 in S&P 500
P/E (TTM)
38.6x
Forward P/E
17.4x
EPS (TTM)
$2.69
Revenue (TTM)
$48.2B
+14%
Free cash flow
$7.4B
Gross margin
57.1%
Operating margin
11.3%
Return on equity
—
Dividend yield
2.43%
52-week range
$81.97 – $132.03
Beta
0.58
Price / sales
3.7x
EV / EBITDA
17.3x
Debt / equity
0.63x
Employees
122,000

ABT report card

C+

Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.

  • Revenue growth14.5%B
  • Gross margin57.1%B
  • Operating margin11.3%C
  • FCF margin15.3%B
  • Return on equity——
  • Net debt / EBITDA2.3xD
  • Forward P/E17.4xB
  • PEG ratio2.1xD
  • Shareholder yield2.9%C
  • Share count change / yr-0.4%C

Abbott Laboratories financials

Revenue went from $20.9B in fiscal 2016 to $44.3B in fiscal 2025, growing 8.7% a year.

FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Abbott Laboratories annual financial results
Fiscal year2016201720182019202020212022202320242025
Revenue$20.9B$27.4B$30.6B$31.9B$34.6B$43.1B$43.7B$40.1B$42.0B$44.3B
Gross profit$11.8B$15.0B$17.9B$18.7B$19.6B$24.5B$24.5B$22.1B$23.2B$25.0B
Operating income$3.0B$1.6B$3.6B$4.5B$5.4B$8.4B$8.4B$6.5B$6.8B$8.1B
Net income$1.4B$477.0M$2.4B$3.7B$4.5B$7.1B$6.9B$5.7B$13.4B$6.5B
EPS (diluted)$0.94$0.27$1.33$2.06$2.50$3.94$3.91$3.26$7.64$3.72
Free cash flow$2.1B$4.4B$4.9B$4.5B$5.7B$8.6B$7.8B$5.1B$6.4B$7.4B
Buybacks$522.0M$117.0M$238.0M$718.0M$403.0M$2.3B$3.8B$1.2B$1.3B$893.0M
Dividends paid$1.5B$1.8B$2.0B$2.3B$2.6B$3.2B$3.3B$3.6B$3.8B$4.1B
Diluted shares1.5B1.7B1.8B1.8B1.8B1.8B1.8B1.7B1.7B1.7B

Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.

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What's priced into ABT?

A reverse DCF asks what growth the current price requires. With an enterprise value of $206.6B and $7.4B of trailing free cash flow, Abbott Laboratories needs to grow free cash flow about 19.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 5.3% a year over the last five years.

P/E ratio history

Current 27.9x vs. median 25.9x (10th–90th percentile 9.9x–60.5x).

0x
100x
200x
300x
20122014201620182020202220242026

A model, not a forecast or advice. Small changes in assumptions move the answer a lot.

ABT dividend

Dividend yield
2.43%
Annual dividend
$2.52
Years of increases
12
5-yr dividend growth
10.4%
per year
Payout ratio
79%
Payments per year
4
201120122013201420152016201720182019202020212022202320242025

Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.

ABT analyst price targets

26 analysts' average 12-month target is $118.52 (+14% vs. $103.70). Targets range from $100.00 to $130.00. 86% rate it a buy.

ABT earnings

Next report: January 28, 2027. Abbott Laboratories has beaten EPS estimates 7 quarters in a row.

Report dateEPS estimateEPS actualSurprise
Oct 21, 2026$1.42$1.42+0.0%
Jul 16, 2026$1.28$1.31+2.6%
Apr 16, 2026$1.15$1.15+0.3%
Jan 22, 2026$1.49$1.50+0.3%
Oct 15, 2025$1.30$1.30+0.1%
Jul 17, 2025$1.26$1.26+0.3%
Apr 16, 2025$1.07$1.09+1.7%
Jan 22, 2025$1.34$1.34-0.2%

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ABT news

ABT stock FAQ

What is ABT's market cap?

Abbott Laboratories's market capitalization is $179.44 billion as of October 23, 2026, ranking 67th in the S&P 500.

What is ABT's P/E ratio?

ABT trades at a trailing price-to-earnings ratio of 38.6x and a forward P/E of 17.4x. Its median P/E over the period we track is 25.9x.

Does ABT pay a dividend?

Yes. Abbott Laboratories pays $2.52 per share a year, a 2.43% yield. It has raised its dividend 12 years in a row. Dividends grew 10.4% a year over the last five years.

How much has ABT stock returned?

Including reinvested dividends, ABT returned -15.9% over one year, -2.0% a year over five years, +11.9% a year over ten years through October 23, 2026.

Is ABT stock overvalued?

At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Abbott Laboratories must grow free cash flow about 19% a year for the next decade. Its free cash flow grew 5% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.

What is the ABT price target?

26 analysts cover ABT with an average 12-month price target of $118.52, +14% from the current price. 86% of them rate it a buy.

When does ABT report earnings?

Abbott Laboratories is expected to report earnings on January 28, 2027. It has beaten EPS estimates 7 quarters in a row.

How many employees does Abbott Laboratories have?

Abbott Laboratories has about 122,000 full-time employees, or $395,320 of revenue per employee.

Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology