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Abbott Laboratories Net Earnings

Net Income of Abbott Laboratories 2005-2019

Amounts are in $millions.

YearNet Income ($mn)
2019$3,687
2018$2,368
2017$477
2016$1,400
2015$4,423
2014$2,284
2013$2,576
2012$5,963
2011 $4,728
2010 $4,626
2009 $5,746
2008$4,734.2
2007 $3,606.3
2006 $1,716.8
2005$3,372.1

The net Income of Abbott Laboratories increased to $3.7 billion in 2019 from $2.34 billion in 2018.

The net Income of Abbott Laboratories increased to $2.37 billion in 2018 from $477 million in 2017.

About the Abbott Laboratories:

Founded in 1888, Abbott Laboratories is a global healthcare brand with operations across more than 160 countries. The name of its founder was Dr. Wallace C. Abbott. The company employs more than 107,000 people, and its products span the following categories – 1. Cardiovascular 2. Diabetes 3. Diagnostics 4. Neuromodulation 5. Nutrition 6. Pharmaceuticals.

The net sales of Abbott Laboratories in 2019 reached $31.9 billion compared to $30.6 billion in 2018. Its net earnings reached $3.7 billion in 2019 compared to $2.3 billion in 2018. The United States is the largest market for Abbott Products accounting for more than one-third of its net sales in 2019. Abbott Laboratories generated $11.4 billion in 2019 compared to $10.84 billion in 2018 from the United States market alone. Medical devices are the largest product category of Abbott.

Mission Statement of Abbott Laboratories:

“LIVE YOUR BEST LIFE, NOW AND IN THE FUTURE.”

“We understand that the first step to living your best life is good health. Everything we make is designed to help you do just that. That’s our commitment to building life-changing technologies that keep your heart healthy, nourish your body at every stage of life, help you feel and move better, and bring you information, medicines, and breakthroughs to manage your health.” (About Abbott.)