AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024)
AbbVie (ABBV) reported Asset Writedowns and Impairment of $4.5 billion for Q4 2024, up 218.58% year-over-year from $1.4 billion in Q1 2024, and up 218.58% quarter-over-quarter from $1.4 billion in Q4 2023.
AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024) Analysis & Trends
AbbVie (ABBV) has 4 years of Asset Writedowns and Impairment data on file, last reported at $4.5 billion in Q4 2024.
- Asset Writedowns and Impairment for Q4 2024 came in at $4.5 billion, up 218.58% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.5 billion (changed 0.0% YoY), and the FY2025 annual result was $847.0 million, down 81.08% from the prior year.
- Asset Writedowns and Impairment advanced to $4.5 billion in Q4 2024 per ABBV's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $4.5 billion in Q4 2024 and troughed at $80.0 million in Q2 2023.
- A 3-year average of $1.6 billion and a median of $1.1 billion in 2022 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment soared 174.55% in 2023, then jumped 218.58% in 2024.
- A 3-year view of Asset Writedowns and Impairment shows it stood at $770.0 million in 2022, then surged by 82.47% to $1.4 billion in 2023, then jumped by 218.58% to $4.5 billion in 2024.
- Business Quant data shows ABBV's Asset Writedowns and Impairment at $4.5 billion in Q4 2024, $1.4 billion in Q4 2023, and $2.1 billion in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 4.48 Bn |
| Dec 31, 2024 | 4.48 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Sep 30, 2023 | 2.11 Bn |
| Sep 30, 2023 | 2.11 Bn |
| Jun 30, 2023 | 80.00 Mn |
| Jun 30, 2023 | 80.00 Mn |
| Mar 31, 2023 | 630.00 Mn |
| Mar 31, 2023 | 630.00 Mn |
| Sep 30, 2022 | 770.00 Mn |
| Sep 30, 2022 | 770.00 Mn |
| Dec 31, 2018 | 5.07 Bn |
| Dec 31, 2018 | 5.07 Bn |