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) Free cash flow margin

Alert me on Free cash flow margin

AbbVie Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 28.6%, down 0.5 percentage points from fiscal 2025 (29.1%). Over the past ten years it has ranged from 25.6% (fiscal 2016) to 41.8% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Drug Manufacturers General industry median of 18.5% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 29.1% (2.52)
FY2024 31.7% (8.97)
FY2023 40.6% (1.15)
FY2022 41.8% 2.64
FY2021 39.1% 2.47
FY2020 36.7% (1.73)
FY2019 38.4% (0.66)
FY2018 39.1% 5.63
FY2017 33.4% 7.83
FY2016 25.6% (5.05)

Against its own ten years

Low 25.6% High 41.8%
Ten-year median 36.7%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
GILD Gilead Sciences, Inc. compare 44.5%
ABBV AbbVie Inc. 28.6%
NVS Novartis AG compare 24.7%
AMGN Amgen Inc. compare 24.6%
LLY Eli Lilly and Company compare 22.7%
JNJ Johnson & Johnson compare 21.1%
PFE Pfizer Inc. compare 18.5%
AZN AstraZeneca PLC compare 10.2%
MRK Merck & Co., Inc. compare 0.00%
Drug Manufacturers General industry median 18.5%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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