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 June 2023 (TTM): 16.84%
According to Abbott Laboratories's latest financial reports and stock price the company's current Operating Margin is 16.84%. At the end of 2021 the company had an Operating Margin of 20.30%.
Operating Margin history for Abbott Laboratories from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 20.30% | 27.41% |
| 2020 | 15.93% | 7.08% |
| 2019 | 14.88% | 23% |
| 2018 | 12.10% | 5.69% |
| 2017 | 11.45% | 29.44% |
| 2016 | 8.84% | -46.07% |
| 2015 | 16.40% | 24.44% |
| 2014 | 13.18% | 7.5% |
| 2013 | 12.26% | -28.7% |
| 2012 | 17.19% | 16.59% |
| 2011 | 14.75% | -17.24% |
| 2010 | 17.82% | -28.93% |
| 2009 | 25.07% | 15.95% |
| 2008 | 21.62% | 22.38% |
| 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 | 24.28% | 44.18% | 🇺🇸 USA |
 Novartis NVS | 16.16% | -4.04% | 🇨🇭 Switzerland |
 Pfizer PFE | 29.90% | 77.55% | 🇺🇸 USA |
 Medtronic MDT | 17.41% | 3.38% | 🇮🇪 Ireland |
 Thermo Fisher Scientific TMO | 15.19% | -9.80% | 🇺🇸 USA |
 Boston Scientific BSX | 10.96% | -34.92% | 🇺🇸 USA |
 Hologic HOLX | 32.66% | 93.94% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 19.18% | 13.90% | 🇺🇸 USA |
 AstraZeneca AZN | -0.70% | -104.16% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 18.87% | 12.05% | 🇬🇧 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.