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Abbott Laboratories
NYSE:ABT

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Abbott Laboratories Logo
Abbott Laboratories
NYSE:ABT
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Price: 107.59 USD 0.49% Market Closed
Updated: Apr 24, 2024

ROIC
Return on Invested Capital

9.4%
Current
11%
Average
2.2%
Industry
Positive for the last year
9.4%
Positive average
11%
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
9.4%
=
NOPAT
5.7B
/
Invested Capital
60.9B

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

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
9.4%
=
NOPAT
5.7B
/
Invested Capital
60.9B
What is the ROIC of Abbott Laboratories?

Based on Abbott Laboratories's most recent financial statements, the company has ROIC of 9.4%.