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AbbVie ABBV Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
82.8%+1.1pp
Pfizer logo
PfizerPFE
73.5%+1.2pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
67.8%-0.5pp
Amgen logo
AmgenAMGN
68.3%+5.3pp
The Cooper Companies, Inc. logo
The Cooper Companies, Inc.COO
65.5%-1.6pp
Cardinal Health logo
Cardinal HealthCAH
3.8%+0.2pp

Other financials

Income statement

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Revenue$15.0B+12.4%
Gross profit$10.8B+15.4%
Operating income$4.0B+6.9%
Net income$695.0M-46.0%
EPS (diluted)$0.39-45.8%

Balance sheet

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Cash & equivalents$9.4B+81.5%
Total debt$62.4B+1.8%
Total equity-$6.7B-569%
Total assets$136.46B+0.2%

Cash flow

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Operating cash flow$3.8B+134%
CapEx$265.0M+12.8%
Free cash flow$3.6B+155%

Valuation

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Market cap$382.49B+3.8%
P/E105.2×+17.4×
P/S6.1×-0.3×

Profitability

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Operating margin24.4%
Net margin5.8%-1.5pp
FCF margin31.8%+5.0pp

Returns & leverage

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Return on equity89%+32.7pp
Debt / equity46.6×+38.6×
Current ratio0.8×0.0×

Where this comes from

Calculated from AbbVie’s reported figures.

Based on trailing twelve months.

The official record: AbbVie’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AbbVie's gross margin?
AbbVie (ABBV) reported gross margin of 70.7% in Q1 2026.
How has AbbVie's gross margin changed year-over-year?
AbbVie's gross margin decreased by 0.0% year-over-year, from 70.7% to 70.7%.
What is the long-term trend for AbbVie's gross margin?
Over 5 years (2020 to 2025), AbbVie's gross margin has grown at a 1.1% compound annual growth rate (CAGR), from 66.4% to 70.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.