Abbott Laboratories
NYSE:ABT
ROIC
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 Across Competitors
ROIC Comparison
Abbott Laboratories Competitors
Country | US |
Market Cap | 186.6B USD |
ROIC |
9%
|
Country | US |
Market Cap | 132.8B USD |
ROIC |
20%
|
Country | US |
Market Cap | 127.3B USD |
ROIC |
11%
|
Country | IE |
Market Cap | 108.1B USD |
ROIC |
6%
|
Country | US |
Market Cap | 101.1B USD |
ROIC |
6%
|
Country | US |
Market Cap | 67.7B USD |
ROIC |
4%
|
Country | DE |
Market Cap | 59B EUR |
ROIC |
4%
|
Country | US |
Market Cap | 52.7B USD |
ROIC |
23%
|
Country | US |
Market Cap | 51.6B USD |
ROIC |
16%
|
Country | CN |
Market Cap | 345.7B CNY |
ROIC |
42%
|
Country | US |
Market Cap | 41B USD |
ROIC |
34%
|
Profitability Report
View the profitability report to see the full profitability analysis for Abbott Laboratories.
See Also
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.
Based on Abbott Laboratories's most recent financial statements, the company has ROIC of 9.4%.