AbbVie Inc.

ABBV Healthcare Drug Manufacturers General

AbbVie Inc.’s revenue for fiscal 2025 (year ended December 2025) was $61.2 billion, up 8.57% from fiscal 2024. In the quarter to June 2026, revenue grew 10.2%, EPS grew 290.4%, free cash flow fell 36.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

285.42 2.02 +0.71%
Market cap
$500.8B
P/E
80.6×
Fwd P/E
27.8×
Dividend yield
2.42%
F-score
8/9
Altman Z
2.31
Beneish M
−2.86
Dividend safety
44/100

AbbVie Inc. (ABBV) Debt to equity

Alert me on Debt to equity

AbbVie Inc.'s debt to equity at the end of the quarter to 30 June 2026 was −12.0×, up 8.9× from fiscal 2025 (−20.9×). Over the past ten years it has ranged from −20.9× (fiscal 2025) to 20.0× (fiscal 2024) — the current reading is the lowest in ten years. That is below the Drug Manufacturers General industry median of 0.6× and below the Healthcare sector median of 0.0×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 −20.9× —
FY2024 20.0× 249.45%
FY2023 5.7× 56.06%
FY2022 3.7× (26.33%)
FY2021 5.0× (24.39%)
FY2020 6.6× —
FY2019 −8.2× —
FY2018 −4.8× —
FY2017 7.3× (7.75%)
FY2016 7.9× (1.01%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 −12.0× —
Mar 2026 −11.0× —
Dec 2025 −20.9× —
Sep 2025 −26.4× —
42 more quarters

Against its own ten years

Low −20.9× High 20.0×
Ten-year median 5.7×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
ABBV AbbVie Inc. −12.0×
JNJ Johnson & Johnson compare 0.4×
AZN AstraZeneca PLC compare 0.6×
PFE Pfizer Inc. compare 0.7×
NVS Novartis AG compare 1.1×
MRK Merck & Co., Inc. compare 1.2×
LLY Eli Lilly and Company compare 1.6×
GILD Gilead Sciences, Inc. compare 2.2×
AMGN Amgen Inc. compare 4.9×
Drug Manufacturers General industry median 0.6×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on ABBV