Return On Equity ratio Analysis of Abbott Laboratories - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Indecisive ROE
14.83
Period Ending - Dec-22
Good ROE
18.90
Growth
-21.55 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Indecisive ROE
10.80
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
3.16
ROE Analysis of Abbott Laboratories
| ROE Ratio of ABT drastically fell by -21.55 % this year. |
| ROE Ratio with value of 19.75 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of 11.86 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of 14.83 is lower than Average ROE of 15.81 in last five years. |
Other ROE Related Info of ABT that may interest you.
Abbott Laboratories Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ABT | 103.68 | 103.45 | 0.222 % | Medical Devices |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Abbott Laboratories
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 14.83 | 18.90 | 19.75 | 13.71 | 11.86 | 7.76 | 1.54 |
| Change | -21.55 % | -4.31 % | 44.05 % | 15.61 % | 52.88 % | 402.50 % | -77.35 % |
FY Chart of Return On Equity of Abbott Laboratories
Note : All Data Generated at the End of Trading Hours (EOD Data)