Abbott Laboratories

ABT Healthcare Medical Devices

Abbott Laboratories' revenue for fiscal 2025 (year ended December 2025) was $44.3 billion, up 5.67% from fiscal 2024.

Revenue
+14.5%
EPS
−43.6%
Free cash flow
+28.9%
Total debt
+140.8%

Quarter to September 2026, against a year earlier

110.08 3.52 −3.10%
Market cap
$196.6B
P/E
41.1×
Fwd P/E
35.1×
Dividend yield
2.29%
F-score
5/9
Altman Z
5.61
Beneish M
−2.50
Dividend safety
62/100

Abbott Laboratories (ABT) Free cash flow margin

Alert me on Free cash flow margin

Abbott Laboratories's free cash flow margin over the twelve months to 30 September 2026 was 14.0%, down 2.7 percentage points from fiscal 2025 (16.7%). Over the past ten years it has ranged from 9.10% (fiscal 2015) to 20.1% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Medical Devices industry median of −3.88% and in line with 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 16.7% 1.54
FY2024 15.1% 2.53
FY2023 12.6% (5.27)
FY2022 17.9% (2.20)
FY2021 20.1% 3.54
FY2020 16.5% 2.44
FY2019 14.1% (1.94)
FY2018 16.0% (0.15)
FY2017 16.2% 6.21
FY2016 9.98% 0.88

Against its own ten years

Low 9.10% High 20.1%
Ten-year median 16.0%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
DXCM DexCom, Inc. compare 21.5%
EW Edwards Lifesciences Corporation compare 21.3%
STE STERIS plc compare 20.9%
SYK Stryker Corporation compare 16.8%
MDT Medtronic PLC compare 16.3%
BSX Boston Scientific Corporation compare 15.8%
PHG Koninklijke Philips N.V. compare 10.3%
GEHC GE HealthCare Technologies Inc. compare 8.73%
ABT Abbott Laboratories 0.00%
Medical Devices industry median −3.88%
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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