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Abbott Laboratories
NYSE:ABT

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Abbott Laboratories Logo
Abbott Laboratories
NYSE:ABT
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Price: 104.985 USD -0.86% Market Closed
Updated: Apr 18, 2024

Gross Margin
Abbott Laboratories

55.3%
Current
56%
Average
47.2%
Industry
Positive for the last year
55.3%
Positive average
56%
Worse than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
55.3%
=
Gross Profit
22.2B
/
Revenue
40.1B

Gross Margin Across Competitors

Gross Margin Comparison
Abbott Laboratories Competitors

Country US
Market Cap 182.1B USD
Gross Margin
55%
Country US
Market Cap 131B USD
Gross Margin
66%
Country US
Market Cap 125.8B USD
Gross Margin
64%
Country IE
Market Cap 104.4B USD
Gross Margin
66%
Country US
Market Cap 99.3B USD
Gross Margin
70%
Country US
Market Cap 66.7B USD
Gross Margin
41%
Country DE
Market Cap 57.3B EUR
Gross Margin
36%
Country US
Market Cap 52.1B USD
Gross Margin
77%
Country US
Market Cap 51.9B USD
Gross Margin
64%
Country CN
Market Cap 329.2B CNY
Gross Margin
65%
Country US
Market Cap 39.9B USD
Gross Margin
60%

Profitability Report

View the profitability report to see the full profitability analysis for Abbott Laboratories.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
55.3%
=
Gross Profit
22.2B
/
Revenue
40.1B
What is the Gross Margin of Abbott Laboratories?

Based on Abbott Laboratories's most recent financial statements, the company has Gross Margin of 55.3%.