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.

Revenue
+10.3%
EPS
+2,270.0%
Free cash flow
+9.97%
Total debt
+17.7%

Quarter to September 2026, against a year earlier

288.74 6.09 −2.07%
Market cap
$509.5B
P/E
49.7×
Fwd P/E
38.6×
Dividend yield
2.40%
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 September 2026 was −17.8×, up 3.1× 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

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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
Sep 2026 −17.8× —
Jun 2026 −12.0× —
Mar 2026 −11.0× —
Dec 2025 −20.9× —
43 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. −17.8×
JNJ Johnson & Johnson compare 0.4×
AZN AstraZeneca PLC compare 0.6×
PFE Pfizer Inc. compare 0.7×
LLY Eli Lilly and Company compare 1.2×
MRK Merck & Co., Inc. compare 1.2×
NVS Novartis AG compare 1.2×
GILD Gilead Sciences, Inc. compare 2.0×
AMGN Amgen Inc. compare 3.8×
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 →

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