Abbott Laboratories (ABT), (founding name: Abbott Alkaloid Company) is a global pharmaceutical company with around 73,000 employees in 150 countries. Abbott was founded in 1888 by Wallace C. Abbott (1857-1921) and is headquartered in Abbott Park, a northern suburb of Chicago, Illinois.
Operating Margin for Abbott Laboratories (ABT)
Operating Margin as of April 2024 (TTM): 15.60%
According to Abbott Laboratories's latest financial reports and stock price the company's current Operating Margin is 15.60%. At the end of 2022 the company had an Operating Margin of 19.89%.
Operating Margin history for Abbott Laboratories from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.89% | -1.55% |
| 2021 | 20.20% | 27.85% |
| 2020 | 15.80% | 8.33% |
| 2019 | 14.58% | 24.08% |
| 2018 | 11.75% | 6.92% |
| 2017 | 10.99% | 31.37% |
| 2016 | 8.37% | -47.32% |
| 2015 | 15.88% | 24.12% |
| 2014 | 12.80% | 7.08% |
| 2013 | 11.95% | -29.67% |
| 2012 | 16.99% | 14.78% |
| 2011 | 14.81% | -18.66% |
| 2010 | 18.20% | -26.09% |
| 2009 | 24.63% | 25.56% |
| 2008 | 19.61% | 11.01% |
| 2007 | 17.67% | -2.1% |
| 2006 | 18.05% | -7.95% |
| 2005 | 19.61% | -7.64% |
| 2004 | 21.23% | 22.05% |
| 2003 | 17.39% | -15.45% |
| 2002 | 20.57% | 3.89% |
| 2001 | 19.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.88% | 46.67% | 🇺🇸 USA |
 Novartis NVS | 17.27% | 10.71% | 🇨🇭 Switzerland |
 Pfizer PFE | 34.61% | 121.86% | 🇺🇸 USA |
 Medtronic MDT | 17.17% | 10.06% | 🇮🇪 Ireland |
 Thermo Fisher Scientific TMO | 14.17% | -9.17% | 🇺🇸 USA |
 Boston Scientific BSX | 11.27% | -27.76% | 🇺🇸 USA |
 Hologic HOLX | 32.66% | 109.36% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 19.24% | 23.33% | 🇺🇸 USA |
 AstraZeneca AZN | 5.63% | -63.91% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 22.54% | 44.49% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.