Abbott Laboratories - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Abbott Laboratories stacks up to the competition and put relevant competitor and industry information at your fingertips.

Abbott Laboratories - Overview

Brands

EAS, Ensure, Similac, ZonePerfect

Description

Abbott Laboratories is a public company headquartered in Illinois with an estimated 114,000 employees. In the US, the company has a notable market share in at least six industries: Medical Device Manufacturing, Drug & Alcohol Test Kit Manufacturing, Glucose Meter Manufacturing, Laboratory Information Management Systems, Meal Replacement Product Manufacturing, Infant Formula Manufacturing and Drug & Alcohol Test Kit Manufacturing. Their largest market share is in the Infant Formula Manufacturing industry, where they account for an estimated 49.6% of total industry revenue.

Company Details

Registered Name: Abbott Laboratories
Company Type: Operating
Exchange: NYSE
Headquarters: 100 Abbott Park Rd, North Chicago, IL 60064
Website: http://www.abbott.com/
Employees: 114,000

Abbott Laboratories - Operating Industries and Main Competitors

OD4287 - Infant Formula Manufacturing
- Abbott Laboratories Market Share: x.x%
- Perrigo Company PLC Market Share: x.x%
- Mead Johnson Market Share: x.x%
- Nestle Sa Market Share: x.x%
OD4067 - Glucose Meter Manufacturing
- Abbott Laboratories Market Share: x.x%
- F. Hoffmann-La Roche Ag Market Share: x.x%
- LifeScan Inc. Market Share: x.x%
33451b - Medical Device Manufacturing
- Abbott Laboratories Market Share: x.x%
- Ge Healthcare Market Share: x.x%
- Boston Scientific Corporation Market Share: x.x%
- Johnson & Johnson Market Share: x.x%
- Medtronic Plc Market Share: x.x%
OD4285 - Meal Replacement Product Manufacturing
- Abbott Laboratories Market Share: x.x%
- Herbalife Nutrition Ltd. Market Share: x.x%

To view all of Abbott Laboratories's operating industries and competitors, see purchase options.

Abbott Laboratories - Products and Services

Infant Formula Manufacturing

Of the 3 core revenue-generating products and services in the Infant Formula Manufacturing industry, Abbott Laboratories offers:

Concentrated liquid formula
Powdered formula
Ready-to-feed formula

Glucose Meter Manufacturing

Of the 2 core revenue-generating products and services in the Glucose Meter Manufacturing industry, Abbott Laboratories offers:

Continuous glucose monitoring (CGM) systems and meters
Insulin delivery

Medical Device Manufacturing

Of the 6 core revenue-generating products and services in the Medical Device Manufacturing industry, Abbott Laboratories offers:

Electromedical cardiovascular devices
Electromedical neuroscience devices
Electromedical surgical devices
Hearing aids
Irradiation apparatus
Other

Meal Replacement Product Manufacturing

Of the 3 core revenue-generating products and services in the Meal Replacement Product Manufacturing industry, Abbott Laboratories offers:

Edible bars and other
Powdered products
Ready-to-drink shakes

To view Abbott Laboratories's full products and services, see purchase options.

Abbott Laboratories - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Abbott Laboratories's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Infant Formula Manufacturing , Glucose Meter Manufacturing , Medical Device Manufacturing , Meal Replacement Product Manufacturing , Laboratory Information Management Systems , Drug & Alcohol Test Kit Manufacturing industries

Strengths

Days Receivables: x.x%

Rank: 2 of 3 peers

Annual Turnover: x.x%

Rank: 2 of 3 peers

Weaknesses

Credit Risk: x.x%

Rank: 2 of 3 peers

Revenue per Employee: $xx

Rank: 2 of 3 peers

Opportunities

Threats

AAAAA
AAAAA
AAAAA

To view Abbott Laboratories's full SWOT analysis, see purchase options.

Looking for IBISWorld Industry Reports?

Gain strategic insight and analysis on 700+ in the United States industries
(& thousands of global industries)

Browse industries

Abbott Laboratories - Financial Statements

Abbott Laboratories Income Statement

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Revenue	30,578.0	31,904.0	34,608.0	43,075.0	43,653.0	40,109.0
Cost of Revenue
Cost of Revenue, Non-Cash
Gross Profit
00000

Abbott Laboratories Balance Sheet

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Cash and Equivalents	3,844.0	3,860.0	6,838.0	9,799.0	9,882.0	6,896.0
Short-Term Investments
Derivative Assets, Current
Restricted Cash and Investments
00000

Abbott Laboratories Cash Flow

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Net Income	2,368.0	3,687.0	4,495.0	7,071.0	N/A	N/A
Income (Loss) From Discontinued Operations
Depreciation, Depletion and Amortization
Amortization of Financing Costs and Discounts
00000

To view all financial data for Abbott Laboratories, see purchase options.

Why purchase access to Benchmarking Pro?

This profile on Abbott Laboratories includes:

Company Overview
Company Revenue and Employee Data
Company Financial Statements
Industry Market Share Breakdown
Industry Competitor Matrix
SWOT Analysis
Products and Services
Key Company Benchmarks
Interconnected Competitor Profiles and Industry Reports
Full Access to Benchmarking Pro

The IBISWorld Benchmarking Pro solution enables you to:

Understand an enterprise’s competitive landscape and how they perform within a like-sized industry segment.
Benchmark companies against industry averages, segment averages and their competitors.
Identify real-world strengths, opportunities, weaknesses and threats for companies.
Target growth opportunities or spot red flags in a business growth strategy.
Toggle between company profiles and industry reports for a 360 degree view of a company's position.

IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Get Instant Access with Benchmarking Pro Membership

Purchase options Download Sample

Benchmarking Pro

What's Inside
Benchmarking Pro?

A suite of company and industry data that:

Benchmarks companies against industry averages or like-sized segments, as well as close competitors
Identifies real-world strengths, opportunites, weaknesses and threats
Reveals growth opportunities or red flags in a business growth strategy

Learn more