AbbVie

AbbVie is a publicly traded research-driven biopharmaceutical company that began as a spinoff from Abbott Laboratories in 2013. With a workforce of roughly 47,000, AbbVie prides itself on coming up with new treatments for chronic conditions and life-threatening illnesses, and its drugs are some of the world’s bestsellers, including cancer treatment Imbruvica and Humira, an immunosuppressant used to treat arthritis and Crohn’s disease. In 2016, AbbVie acquired Stemcentrx for $5.8 billion as part of a campaign to bolster its oncology research division. In 2020, AbbVie completed its purchase of Allergan, an Irish drug manufacturer, for $63 billion.
F500-2020-098-AbbVie
Courtesy of AbbVie

Company Information

As of 8/3/2022
Country
U.S.
Headquarters
North Chicago, Ill.
Industry
Pharmaceuticals
CEO
Richard A. Gonzalez
Company Type
Public
Ticker
ABBV
Revenues ($M)
$56,197
Profits ($M)
$11,542
Market Value ($M)
$264,607
Employees
50,000
Market value as of July 19, 2022.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$56,197
22.7%
Profits ($M)
$11,542
150%
Assets ($M)
$146,529
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Total Stockholder Equity ($M)
$15,408
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Profit Ratios

Profit as % of Revenues
20.5%
Profits as % of Assets
7.9%
Profits as % of Stockholder Equity
74.9%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
6
EPS % Change (from 2020)
137.1%
EPS % Change (5 year annual rate)
12.2%
EPS % Change (10 year annual rate)
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Total Return

Total Return to Investors (2021)
32.2%
Total Return to Investors (5 year, annualized)
22%
Total Return to Investors (10 year, annualized)
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Best Companies

Rank last year
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Years on list
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Employees (as of March 2022)
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Job openings (as of March 2022)
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Year founded
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Perks

100% health coverage
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Unlimited sick days
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Telecommuting
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Job sharing
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Subsidized childcare
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Compressed work weeks
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Fully-paid sabbaticals
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On-site fitness/subsidized gym
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On-site medical care facility
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Non-discrimination policy includes sexual orientation
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Sick days for part-timers
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College tuition reimbursement
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Student loan debt repayment
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Medical facility at all locations
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Paid Time Off: Full-Time Employees

PTO limit (days)
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# Sick days
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Hiring/Staffing (Past 12 Months)

# of job applicants
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Avg. # of applicants per opening
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# New graduates hired
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World's Most Admired Companies

Sector
Natural resources
Industry
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Current All-Star Rank
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Previous All-Star Rank
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Industry Rank
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Previous Industry Rank
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Overall Score
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Innovation
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People Management
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Use of Corporate Assets
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Social Responsibility
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Quality of Management
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Financial Soundness
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Long-Term Investment Value
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Quality of Products/Services
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Global Competitiveness
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Diversity

% of Minorities
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% of Minority Executives
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% of Minority front-line managers
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% of Minority mid-level managers
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% of Women
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% of Women Executives
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% of Women front-line managers
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% of Women mid-level managers
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% of Boomers or older
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% of People with disabilities (self-identified in Great Place to Work's Trust Index Survey)
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% of LGBTQ (self-identified in Great Place to Work's Trust Index Survey)
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Company Info

Industry
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HQ Location
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Total # of Employees
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Total U.S. Revenue ($M)
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Parental Leave Information

Business days of maternity leave after childbirth
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Fully-paid business days for maternity leave
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Business days of paternity leave after childbirth
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Fully-paid business days for paternity leave
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Days of parental leave after child adoption
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Onsite child care center
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Child care cost reimbursement for work travel or working late
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Lists ranking AbbVie
RANK63
Fortune 500 - 2022This year’s Fortune 500 marks the 68th running of ...READ MORE
RANK227
Global 500 - 2022Aggregate sales hit $37.8 trillion last year—an in...READ MORE
RANK72
100 Best Companies to Work For - 2022When it comes to supporting employees, flexibility...READ MORE
RANK6
World's Best Workplaces - 2022...READ MORE