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  • Previous Rank110
  • Revenues ($M)$32,753.0
  • Revenue Percent Change16.1%
  • Profits ($M)$5,687.0
  • Profits Percent Change7.1%
  • Assets ($M)$59,352.0
  • Employees30,000

AbbVie—a North Chicago, Ill.-based biopharmaceutical company—is laying the foundation for its future as the company looks to move beyond its flagship drug Humira. Global Humira sales dropped 5.6% to $4.4 billion in the first quarter of 2019. The drug took a steep 27.9% downturn in international markets during the same time period in part due to the entry of biosimilars in Europe. This contrasts with global Humira sales in FY2018, which increased 8.2% year-over-year to $19.9 billion. Still, AbbVie raised its earnings-per-share guidance for 2019 in April coming off the FDA approval of its drug Skyrizi. The plaque psoriasis drug has been reported to be set to launch later this year.

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Company Info

CEO
Richard A. Gonzalez
CEO Title
Chairman & Chief Executive Officer
Sector
Health Care
Industry
Pharmaceuticals
HQ Location
North Chicago, Ill.
Websitehttp://www.abbvie.com
Years on Fortune 500 List6
Employees30,000

AbbVie Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$32,753.016.1%
Profits ($M)$5,687.07.1%
Assets ($M)$59,352.0-
Total Stockholder Equity ($M)$-8,446.0-

Profit Ratios

Profit as % of Revenues17.4%
Profits as % of Assets9.6%
Profits as % of Stockholder Equity-

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)3.66
EPS % Change (from 2017)10.9%
EPS % Change (5 year annual rate)7.4%
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2018)-1.2%
Total Return to Investors (5 year, annualized)15.7%
Total Return to Investors (10 year, annualized)-