AbbVie Inc.

AbbVie Inc.verified

ABBV

Price:

$169.68

Market Cap:

$299.63B

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals in the worldwide. The company offers HUMIRA, a therapy administered as an injection for autoimmune and intestinal Behçet's diseases; SKYRIZI to treat moderate to severe plaque psoriasis in adults; RINVOQ, a JAK inhibitor for the treatment of moderate to severe active rheumatoid arthritis in adult patients; IMBRUVICA to treat adult patients with chronic lymphocytic leukemia (CLL), small lymphocytic lymphoma (SLL), and VENCLEXTA, a BCL-2 inhibitor used to treat adults with CLL or SLL; and MAVYRET to treat patients with chronic HCV genotype 1-6 infection. It also provides CREON, a pancreatic enzyme therapy for exocrine pan...[Read more]

Industry

Drug Manufacturers - General

IPO Date

2013-01-02

Stock Exchange

NYSE

Ticker

ABBV

The Current Ratio as of June 2024 (TTM) for AbbVie Inc. (ABBV) is 0.94

According to AbbVie Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of 2.35% compared to the average of 0.91 of the last 4 quarters.

AbbVie Inc. (ABBV) Historical Current Ratio (quarterly & annually)

How has ABBV Current Ratio performed in the past?

The mean historical Current Ratio of AbbVie Inc. over the last ten years is 1.35. The current 0.94 Current Ratio has changed 6.85% with respect to the historical average. Over the past ten years (40 quarters), ABBV's Current Ratio was at its highest in in the December 2019 quarter at 3.18. The Current Ratio was at its lowest in in the December 2021 quarter at 0.79.

Quarterly (TTM)
Annual

Average

1.35

Median

1.13

Minimum

0.79

Maximum

3.18

AbbVie Inc. (ABBV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of AbbVie Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 223.25%

Maximum Annual Current Ratio = 3.18

Minimum Annual Increase = -73.46%

Minimum Annual Current Ratio = 0.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.87-9.49%
20220.9621.43%
20210.79-5.91%
20200.84-73.46%
20193.18223.25%
20180.98-22.93%
20171.28-22.94%
20161.6510.51%
20151.506.11%
20141.41-45.61%

AbbVie Inc. (ABBV) Average Current Ratio

How has ABBV Current Ratio performed in the past?

The current Current Ratio of AbbVie Inc. (ABBV) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.88

5-year avg

1.33

10-year avg

1.35

AbbVie Inc. (ABBV) Current Ratio vs. Peers

How is ABBV’s Current Ratio compared to its peers?

AbbVie Inc.’s Current Ratio is less than Merck & Co., Inc. (1.25), less than Pfizer Inc. (1.05), less than Eli Lilly and Company (1.35), less than Bristol-Myers Squibb Company (1.11), less than Johnson & Johnson (1.17), less than Amgen Inc. (1.42), less than Gilead Sciences, Inc. (1.08),

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