AbbVie Cost of Goods Sold 2010-2024 | ABBV

AbbVie annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • AbbVie cost of goods sold for the quarter ending September 30, 2024 was $4.212B, a 35.05% decline year-over-year.
  • AbbVie cost of goods sold for the twelve months ending September 30, 2024 was $18.212B, a 3.54% decline year-over-year.
  • AbbVie annual cost of goods sold for 2023 was $20.415B, a 17.23% increase from 2022.
  • AbbVie annual cost of goods sold for 2022 was $17.414B, a 0.18% decline from 2021.
  • AbbVie annual cost of goods sold for 2021 was $17.446B, a 13.38% increase from 2020.
AbbVie Annual Cost of Goods Sold
(Millions of US $)
2023 $20,415
2022 $17,414
2021 $17,446
2020 $15,387
2019 $7,439
2018 $7,718
2017 $7,042
2016 $5,832
2015 $4,500
2014 $4,426
2013 $4,581
2012 $4,508
2011 $4,639
2010 $4,293
2009 $4,056
AbbVie Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $4,212
2024-06-30 $4,202
2024-03-31 $4,094
2023-12-31 $5,704
2023-09-30 $6,485
2023-06-30 $4,240
2023-03-31 $3,986
2022-12-31 $4,170
2022-09-30 $5,022
2022-06-30 $4,170
2022-03-31 $4,052
2021-12-31 $4,320
2021-09-30 $4,390
2021-06-30 $4,523
2021-03-31 $4,213
2020-12-31 $4,684
2020-09-30 $5,050
2020-06-30 $3,711
2020-03-31 $1,942
2019-12-31 $2,006
2019-09-30 $1,920
2019-06-30 $1,819
2019-03-31 $1,694
2018-12-31 $2,022
2018-09-30 $1,835
2018-06-30 $1,934
2018-03-31 $1,927
2017-12-31 $2,281
2017-09-30 $1,616
2017-06-30 $1,529
2017-03-31 $1,616
2016-12-31 $1,554
2016-09-30 $1,504
2016-06-30 $1,405
2016-03-31 $1,369
2015-12-31 $1,475
2015-09-30 $1,167
2015-06-30 $916
2015-03-31 $942
2014-12-31 $1,119
2014-09-30 $1,094
2014-06-30 $1,113
2014-03-31 $1,100
2013-12-31 $1,282
2013-09-30 $1,092
2013-06-30 $1,054
2013-03-31 $1,153
2012-12-31 $1,265
2012-09-30 $1,014
2012-06-30 $1,073
2012-03-31 $1,156
2011-12-31 $3,432
2011-09-30
2011-06-30
2011-03-31 $1,207
2010-12-31
2009-12-31
Sector Industry Market Cap Revenue
Medical Large Cap Pharmaceutical $352.544B $54.318B
AbbVie has become one of the top-most pharma companies after it acquired Allergan. The deal has transformed AbbVie's portfolio by lowering its dependence on Humira, its flagship product. AbbVie has one of the most popular cancer drugs in its portfolio, Imbruvica and its newest immunology drugs Skyrizi and Rinvoq position it well for long-term growth. AbbVie came into existence after Abbott Laboratories divested its pharmaceutical division. AbbVie enjoys leadership positions in key therapeutic areas including immunology, hematologic oncology, neuroscience, aesthetics, eye care and womens' health. Humira is approved for several autoimmune diseases like rheumatoid arthritis, active psoriatic arthritis, active ankylosing spondylitis, Crohn's disease and others. Imbruvica became part of the company's portfolio following the Pharmacyclics acquisition. Other key drugs include Venclexta, Botox Cosmetic, Botox Therapeutics, Vraylar, Skyrizi and Rinvoq.
Stock Name Country Market Cap PE Ratio
Eli Lilly (LLY) United States $789.394B 81.76
Novo Nordisk (NVO) Denmark $481.063B 34.69
Johnson & Johnson (JNJ) United States $374.313B 15.18
Merck (MRK) United States $260.350B 17.30
Novartis AG (NVS) Switzerland $217.584B 14.46
AstraZeneca (AZN) United Kingdom $199.957B 17.81
Pfizer (PFE) United States $151.422B 10.36
Sanofi (SNY) $130.241B 11.80
Innoviva (INVA) United States $1.263B 10.51