Projected Income Statement: Abbott Laboratories

Forecast Balance Sheet: Abbott Laboratories

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 7,801 6,891 7,783 6,509 4,407 22,582 13,590 9,642
Change - -11.67% 12.94% -16.37% -32.29% 412.41% -39.82% -29.05%
Announcement Date 1/26/22 1/25/23 1/24/24 1/22/25 1/22/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Abbott Laboratories

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,885 1,777 2,202 2,207 2,171 2,376 2,649 2,985
Change - -5.73% 23.92% 0.23% -1.63% 9.45% 11.48% 12.7%
Free Cash Flow (FCF) 1 8,648 7,804 5,059 6,351 7,395 7,928 9,358 10,212
Change - -9.76% -35.17% 25.54% 16.44% 7.21% 18.02% 9.14%
Announcement Date 1/26/22 1/25/23 1/24/24 1/22/25 1/22/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Abbott Laboratories

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 29.75% 28.6% 25.4% 25.35% 26.47% 26.12% 26.31% 26.68%
EBIT Margin (%) 26.29% 25.73% 22.22% 22.16% 23.24% 23.28% 23.83% 24.44%
EBT Margin (%) 19.06% 19.03% 16.61% 16.72% 19.1% 15.88% 18.07% 19.98%
Net margin (%) 16.42% 15.88% 14.27% 31.95% 14.72% 13.58% 14.81% 15.44%
FCF margin (%) 20.08% 17.88% 12.61% 15.14% 16.68% 15.75% 17.12% 17.44%
FCF / Net Income (%) 122.3% 112.56% 88.4% 47.39% 113.35% 116% 115.56% 112.9%

Profitability

        
ROA 9.57% 12.65% 10.57% 10.61% 10.92% 8.84% 9.84% 10.94%
ROE 27.32% 26.12% 20.73% 19.01% 18.12% 19.11% 22.35% 22.69%

Financial Health

        
Leverage (Debt/EBITDA) 0.61x 0.55x 0.76x 0.61x 0.38x 1.72x 0.94x 0.62x
Debt / Free cash flow 0.9x 0.88x 1.54x 1.02x 0.6x 2.85x 1.45x 0.94x

Capital Intensity

        
CAPEX / Current Assets (%) 4.38% 4.07% 5.49% 5.26% 4.9% 4.72% 4.85% 5.1%
CAPEX / EBITDA (%) 14.71% 14.23% 21.61% 20.75% 18.5% 18.07% 18.42% 19.1%
CAPEX / FCF (%) 21.8% 22.77% 43.53% 34.75% 29.36% 29.97% 28.31% 29.23%

Items per share

        
Cash flow per share 1 5.888 5.431 4.152 4.896 5.469 5.256 7.682 8.44
Change - -7.76% -23.56% 17.93% 11.71% -3.89% 46.15% 9.86%
Dividend per Share 1 1.82 1.92 2.08 2.24 2.4 2.549 2.718 2.858
Change - 5.49% 8.33% 7.69% 7.14% 6.2% 6.66% 5.14%
Book Value Per Share 1 20.3 21.11 22.26 27.52 29.98 23.21 29.54 31.7
Change - 4.02% 5.45% 23.64% 8.92% -22.59% 27.31% 7.31%
EPS 1 3.94 3.91 3.26 7.64 3.72 3.78 4.611 5.188
Change - -0.76% -16.62% 134.36% -51.31% 1.62% 21.98% 12.51%
Nbr of stocks (in thousands) 1,714,968 1,743,574 1,736,059 1,734,455 1,738,834 1,741,813 1,741,813 1,741,813
Announcement Date 1/26/22 1/25/23 1/24/24 1/22/25 1/22/26 - - -
1USD
Estimates
2026 *2027 *
P/E 26.1x 21.4x
PBR 4.26x 3.35x
EV / Sales 3.87x 3.4x
Yield 2.58% 2.75%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
98.83USD
Average target price
118.33USD
Spread / Average Target
+19.73%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  3. ABT Stock
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  5. Financials Abbott Laboratories