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 23,939 20,957 17,267
Change - -11.67% 12.94% -16.37% -32.29% 443.2% -12.46% -17.61%
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 2,323 2,550 2,814
Change - -5.73% 23.92% 0.23% -1.63% 6.98% 9.8% 10.33%
Free Cash Flow (FCF) 1 8,648 7,804 5,059 6,351 7,395 7,547 8,921 9,592
Change - -9.76% -35.17% 25.54% 16.44% 2.05% 18.21% 7.53%
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% 25.87% 26.58% 27.22%
EBIT Margin (%) 26.29% 25.73% 22.22% 22.16% 23.24% 23.34% 23.88% 24.58%
EBT Margin (%) 19.06% 19.03% 16.61% 16.72% 19.1% 14.81% 17.8% 19.45%
Net margin (%) 16.42% 15.88% 14.27% 31.95% 14.72% 12.56% 14.63% 15.29%
FCF margin (%) 20.08% 17.88% 12.61% 15.14% 16.68% 15.03% 16.36% 16.47%
FCF / Net Income (%) 122.3% 112.56% 88.4% 47.39% 113.35% 119.73% 111.83% 107.71%

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% 18.25% 19.27% 21.39%

Financial Health

        
Leverage (Debt/EBITDA) 0.61x 0.55x 0.76x 0.61x 0.38x 1.84x 1.45x 1.09x
Debt / Free cash flow 0.9x 0.88x 1.54x 1.02x 0.6x 3.17x 2.35x 1.8x

Capital Intensity

        
CAPEX / Current Assets (%) 4.38% 4.07% 5.49% 5.26% 4.9% 4.63% 4.68% 4.83%
CAPEX / EBITDA (%) 14.71% 14.23% 21.61% 20.75% 18.5% 17.88% 17.6% 17.75%
CAPEX / FCF (%) 21.8% 22.77% 43.53% 34.75% 29.36% 30.78% 28.59% 29.33%

Items per share

        
Cash flow per share 1 5.888 5.431 4.152 4.896 5.469 6.298 7.652 8.45
Change - -7.76% -23.56% 17.93% 11.71% 15.15% 21.5% 10.43%
Dividend per Share 1 1.82 1.92 2.08 2.24 2.4 2.571 2.741 2.896
Change - 5.49% 8.33% 7.69% 7.14% 7.11% 6.62% 5.65%
Book Value Per Share 1 20.3 21.11 22.26 27.52 29.98 27.68 28.89 30.47
Change - 4.02% 5.45% 23.64% 8.92% -7.68% 4.37% 5.47%
EPS 1 3.94 3.91 3.26 7.64 3.72 3.53 4.553 5.106
Change - -0.76% -16.62% 134.36% -51.31% -5.11% 29% 12.13%
Nbr of stocks (in thousands) 1,714,968 1,743,574 1,736,059 1,734,455 1,738,834 1,730,383 1,730,383 1,730,383
Announcement Date 1/26/22 1/25/23 1/24/24 1/22/25 1/22/26 - - -
1USD
Estimates
2026 *2027 *
P/E 28.9x 22.4x
PBR 3.68x 3.53x
EV / Sales 3.99x 3.62x
Yield 2.52% 2.69%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
101.95USD
Average target price
120.26USD
Spread / Average Target
+17.96%

Quarterly revenue - Rate of surprise

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  5. Financials Abbott Laboratories
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