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

ROIC
Return on Invested Capital

13.2%
Current
16%
Average
-17.6%
Industry
Positive for the last year
13.2%
Positive average
16%
Worse than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
13.2%
=
NOPAT
12.9B
/
Invested Capital
97.1B

ROIC Across Competitors

ROIC Comparison
Abbvie Inc Competitors

Country US
Market Cap 293.9B USD
ROIC
13%
Country US
Market Cap 144B USD
ROIC
11%
Country US
Market Cap 101.6B USD
ROIC
44%
Country US
Market Cap 98.1B USD
ROIC
32%
Country AU
Market Cap 130.2B AUD
ROIC
9%
Country US
Market Cap 83.2B USD
ROIC
12%
Country US
Market Cap 43.1B USD
ROIC
-39%
Country US
Market Cap 38.7B USD
ROIC
-41%
Country US
Market Cap 28.2B USD
ROIC
8%
Country IE
Market Cap 26.6B USD
ROIC
8%
Country KR
Market Cap 35.8T KRW
ROIC
4%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
13.2%
=
NOPAT
12.9B
/
Invested Capital
97.1B
What is the ROIC of Abbvie Inc?

Based on Abbvie Inc's most recent financial statements, the company has ROIC of 13.2%.