Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Abbott Laboratories (NYSE:ABT)

Enterprise Value (EV)

Intermediate level

Current Enterprise Value (EV)

Abbott Laboratories, current enterprise value calculation

Microsoft Excel LibreOffice Calc
Current share price (P) $120.98
No. shares of common stock outstanding 1,776,820,148
US$ in millions
Common equity (market value)1 214,960 
Add: Preferred shares, one dollar par value, none issued (per books) — 
Add: Noncontrolling interests in subsidiaries (per books) 219 
Total equity 215,179 
Add: Short-term borrowings (per books) 213 
Add: Current portion of long-term debt (per books) 7 
Add: Long-term debt, excluding current portion (per books) 18,527 
Total equity and debt 233,926 
Less: Cash and cash equivalents 6,838 
Less: Investments, primarily bank time deposits and U.S. treasury bills 310 
Enterprise value (EV) 226,778 

Based on: 10-K (filing date: 2021-02-19).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 120.98 × 1,776,820,148

Historical Enterprise Value (EV)

Abbott Laboratories, EV calculation

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Share price1, 2 $123.04 $87.45 $76.13 $60.17 $44.69
No. shares of common stock outstanding1 1,771,529,358 1,763,433,243 1,756,470,269 1,746,333,892 1,727,997,596
US$ in millions
Common equity (market value)3 217,969  154,212  133,720  105,077  77,224 
Add: Preferred shares, one dollar par value, none issued (book value) —  —  —  —  — 
Add: Noncontrolling interests in subsidiaries (book value) 219  213  198  201  179 
Total equity 218,188  154,425  133,918  105,278  77,403 
Add: Short-term borrowings (book value) 213  201  200  206  1,322 
Add: Current portion of long-term debt (book value) 7  1,277  7  508  3 
Add: Long-term debt, excluding current portion (book value) 18,527  16,661  19,359  27,210  20,681 
Total equity and debt 236,935  172,564  153,484  133,202  99,409 
Less: Cash and cash equivalents 6,838  3,860  3,844  9,407  18,620 
Less: Investments, primarily bank time deposits and U.S. treasury bills 310  280  242  203  155 
Enterprise value (EV) 229,787  168,424  149,398  123,592  80,634 

Based on: 10-K (filing date: 2021-02-19), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Abbott Laboratories’s Annual Report.

3 2020 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 123.04 × 1,771,529,358

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Abbott Laboratories’s EV increased from 2018 to 2019 and from 2019 to 2020.