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AbbVie ABBV Net debt

Discontinued — last reported Q4 '25

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$17.0B+10.2%
Gross profit$12.7B+14.6%
Operating income$6.4B+31.4%
Net income$3.6B+285%
EPS (diluted)$2.03+290%

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$435.06B+25.5%
P/E69×-23.2×
P/S6.8×+0.8×

Profitability

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Gross margin71.5%+0.5pp
Operating margin26.2%
Net margin9.8%+3.3pp
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.

The source filing: AbbVie’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 12:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001551152-26-000017

FAQ

What is AbbVie's net debt?
AbbVie (ABBV) reported net debt of $57.14B in Q4 2025.
How has AbbVie's net debt changed year-over-year?
AbbVie's net debt increased by 2.5% year-over-year, from $55.73B to $57.14B.
What is the long-term trend for AbbVie's net debt?
Over 5 years (2020 to 2025), AbbVie's net debt has grown at a -4.0% compound annual growth rate (CAGR), from $70.18B to $57.14B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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