Common-Size Balance Sheet: Assets
Quarterly Data
AbbVie Inc., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The asset structure reflects a gradual shift from long-term, intangible-heavy holdings toward increased liquidity and current asset concentrations over the analyzed period. Total current assets as a percentage of total assets rose from 17.65% in March 2021 to 24.92% by June 2026, while long-term assets declined from 82.35% to 75.08% during the same interval.
- Current Asset Composition
- Accounts receivable, net show a consistent upward trend, increasing from 6.37% to 10.23%, indicating a growing portion of total assets is tied up in unpaid customer invoices. Cash and equivalents exhibited significant volatility, peaking at 12.14% in December 2023 before retreating to 4.86% by June 2026. Inventories remained relatively stable but showed a modest long-term increase from 2.17% to 3.79%.
- Intangible Assets and Goodwill
- A pronounced downward trend is observed in net intangible assets, which fell from 54.01% in March 2021 to 36.37% by June 2026. This represents the most significant structural change in the balance sheet. Conversely, goodwill increased its relative share of total assets from 21.49% to 26.29%, suggesting that while identifiable intangible assets are being amortized or impaired, the relative weight of goodwill is expanding.
- Fixed and Other Assets
- Property and equipment, net, maintained a stable trajectory with a slight increase from 3.45% to 4.29%. Other assets demonstrated a steady climb, rising from 3.18% in March 2021 to 7.94% by June 2026, contributing to the overall reduction in the dominance of identifiable intangible assets.
The overall trend indicates a transition toward a more liquid asset base and a reduction in the relative concentration of intangible assets. The increase in the proportion of current assets, particularly receivables and other current items, suggests a change in the operational asset mix over the five-year period.
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