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 11,727 8,883 4,976
Change - -11.67% 12.94% -16.37% -32.29% 166.1% -24.25% -43.98%
Announcement Date 26/01/22 25/01/23 24/01/24 22/01/25 22/01/26 - - -
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 2,379 2,783 2,991
Change - -5.73% 23.92% 0.23% -1.63% 9.6% 16.96% 7.48%
Free Cash Flow (FCF) 1 8,648 7,804 5,059 6,351 7,395 8,627 9,438 10,391
Change - -9.76% -35.17% 25.54% 16.44% 16.66% 9.4% 10.1%
Announcement Date 26/01/22 25/01/23 24/01/24 22/01/25 22/01/26 - - -
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% 26.62% 26.56% 27.13%
EBIT Margin (%) 26.29% 25.73% 22.22% 22.16% 23.24% 23.19% 23.8% 24.47%
EBT Margin (%) 19.06% 19.03% 16.61% 16.72% 19.1% 16.84% 19% 19.93%
Net margin (%) 16.42% 15.88% 14.27% 31.95% 14.72% 13.96% 15.32% 15.72%
FCF margin (%) 20.08% 17.88% 12.61% 15.14% 16.68% 17.16% 17.23% 17.7%
FCF / Net Income (%) 122.3% 112.56% 88.4% 47.39% 113.35% 122.92% 112.46% 112.58%

Profitability

        
ROA 9.57% 12.65% 10.57% 10.61% 10.92% 9.08% 9.74% 10.85%
ROE 27.32% 26.12% 20.73% 19.01% 18.12% 19% 22.17% 22.54%

Financial Health

        
Leverage (Debt/EBITDA) 0.61x 0.55x 0.76x 0.61x 0.38x 0.88x 0.61x 0.31x
Debt / Free cash flow 0.9x 0.88x 1.54x 1.02x 0.6x 1.36x 0.94x 0.48x

Capital Intensity

        
CAPEX / Current Assets (%) 4.38% 4.07% 5.49% 5.26% 4.9% 4.73% 5.08% 5.1%
CAPEX / EBITDA (%) 14.71% 14.23% 21.61% 20.75% 18.5% 17.77% 19.13% 18.78%
CAPEX / FCF (%) 21.8% 22.77% 43.53% 34.75% 29.36% 27.58% 29.49% 28.79%

Items per share

        
Cash flow per share 1 5.888 5.431 4.152 4.896 5.469 6.093 7.17 8.44
Change - -7.76% -23.56% 17.93% 11.71% 11.41% 17.67% 17.71%
Dividend per Share 1 1.82 1.92 2.08 2.24 2.4 2.547 2.715 2.866
Change - 5.49% 8.33% 7.69% 7.14% 6.11% 6.62% 5.54%
Book Value Per Share 1 20.3 21.11 22.26 27.52 29.98 28.36 29.61 31.76
Change - 4.02% 5.45% 23.64% 8.92% -5.41% 4.41% 7.26%
EPS 1 3.94 3.91 3.26 7.64 3.72 3.976 4.636 5.291
Change - -0.76% -16.62% 134.36% -51.31% 6.89% 16.6% 14.12%
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 26/01/22 25/01/23 24/01/24 22/01/25 22/01/26 - - -
1USD
Estimates
2026 *2027 *
P/E 22.2x 19.1x
PBR 3.12x 2.99x
EV / Sales 3.3x 2.97x
Yield 2.88% 3.07%

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
88.41USD
Average target price
116.54USD
Spread / Average Target
+31.82%

Quarterly revenue - Rate of surprise

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  5. Financials Abbott Laboratories
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