First Time Loading...

Abbvie Inc
NYSE:ABBV

Watchlist Manager
Abbvie Inc Logo
Abbvie Inc
NYSE:ABBV
Watchlist
Price: 166.41 USD 1.06% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

3.5%
Current
6%
Average
-31.4%
Industry
Positive for the last year
3.5%
Positive average
6%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3.5%
=
Net Income
4.8B
/
Total Assets
134.6B

ROA Across Competitors

ROA Comparison
Abbvie Inc Competitors

Country US
Market Cap 293.9B USD
ROA
4%
Country US
Market Cap 144B USD
ROA
8%
Country US
Market Cap 101.6B USD
ROA
18%
Country US
Market Cap 98.1B USD
ROA
13%
Country AU
Market Cap 130.2B AUD
ROA
7%
Country US
Market Cap 83.2B USD
ROA
9%
Country US
Market Cap 43.1B USD
ROA
-21%
Country US
Market Cap 38.7B USD
ROA
-21%
Country US
Market Cap 28.2B USD
ROA
5%
Country IE
Market Cap 26.6B USD
ROA
5%
Country KR
Market Cap 35.8T KRW
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Abbvie Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3.5%
=
Net Income
4.8B
/
Total Assets
134.6B
What is the ROA of Abbvie Inc?

Based on Abbvie Inc's most recent financial statements, the company has ROA of 3.5%.