Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Paying user area
Try for free
AbbVie Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2012
- Total Asset Turnover since 2012
- Price to Book Value (P/BV) since 2012
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to AbbVie Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
AbbVie Inc., consolidated statement of comprehensive income
US$ in millions
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
The statement of comprehensive income reveals significant fluctuations in several components over the five-year period. Net earnings demonstrate a decline from 2021 to 2023, followed by relative stabilization in 2024 and 2025. However, comprehensive income, while generally following the trend of net earnings, is notably impacted by other comprehensive income components.
- Net Earnings Trend
- Net earnings peaked at US$11,845 million in 2022 before experiencing a substantial decrease to US$4,873 million in 2023. This decline continued modestly to US$4,286 million in 2024, with a slight recovery to US$4,233 million in 2025. The 2023 and 2024 figures represent a significant reduction compared to the 2021 and 2022 levels.
- Foreign Currency Translation Adjustments
- Foreign currency translation adjustments exhibited volatility. Negative adjustments were recorded in 2021 and 2022, followed by a positive adjustment in 2023. This trend reversed in 2024 with a negative adjustment, and then a substantial positive adjustment in 2025, indicating increased sensitivity to exchange rate fluctuations. The magnitude of these adjustments increased over the period.
- Net Investment Hedging Activities
- Net investment hedging activities showed a decreasing trend from 2021 to 2023, transitioning from gains to losses. A recovery was observed in 2024, but this was followed by a larger loss in 2025. This suggests increasing challenges in managing hedging strategies related to net investments.
- Pension and Post-Employment Benefits
- The impact of pension and post-employment benefits on comprehensive income was variable. Positive impacts were seen in 2021 and 2022, a small loss in 2023, and then a significant positive impact in 2024, followed by a smaller positive impact in 2025. This suggests changes in pension plan performance or adjustments to benefit obligations.
- Other Comprehensive Income (Loss)
- Other comprehensive income (loss) fluctuated considerably. A positive value was recorded in 2021 and 2022, a loss in 2023, a positive value in 2024, and a larger positive value in 2025. This component significantly influences the difference between net earnings and comprehensive income.
- Comprehensive Income
- Comprehensive income mirrored the trend of net earnings, peaking in 2022 at US$12,545 million and declining to US$4,666 million in 2024. A slight increase to US$5,014 million was observed in 2025. The impact of other comprehensive income components is evident in the divergence between net earnings and comprehensive income figures, particularly in 2023, 2024, and 2025.
- Attribution to Noncontrolling Interest
- Comprehensive income attributable to noncontrolling interest remained relatively stable and negative throughout the period, ranging from US$-7 million to US$-10 million. This suggests a consistent, albeit small, negative impact from noncontrolling interests.
Overall, the period was characterized by a decline in net earnings, coupled with significant volatility in other comprehensive income components. This resulted in a substantial decrease in comprehensive income attributable to the company between 2022 and 2024, with a modest recovery in 2025. The fluctuations in foreign currency translation adjustments, net investment hedging, and pension benefits significantly impacted the overall comprehensive income.