AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024)
AbbVie's (ABBV) quarterly Asset Writedowns and Impairment came in at $4.5 billion in 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.
Analysis
AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024) Analysis & Trends
AbbVie (ABBV) has reported Asset Writedowns and Impairment for 4 consecutive years, with $4.5 billion the latest figure, recorded in Q4 2024.
- On a quarterly basis, Asset Writedowns and Impairment rose 218.58% year-over-year to $4.5 billion in Q4 2024; TTM through Dec 2025 was $4.5 billion, a 0.0% change from a year earlier, with the FY2025 full-year figure at $847.0 million, down 81.08% from the prior year.
- Asset Writedowns and Impairment was $4.5 billion for Q4 2024 at AbbVie, up 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 $710.0 million in Q1 2023.
- A 3-year average of $1.9 billion and a median of $1.4 billion in 2023 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment surged 174.55% in 2023 and soared 218.58% in 2024, its largest moves.
- Over 3 years, Asset Writedowns and Impairment stood at $770.0 million in 2022, then jumped by 82.47% to $1.4 billion in 2023, then soared by 218.58% to $4.5 billion in 2024.
- The last three Asset Writedowns and Impairment figures came in at $4.5 billion (Q4 2024), $1.4 billion (Q4 2023), and $2.1 billion (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 4.48 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Sep 30, 2023 | 2.11 Bn |
| Mar 31, 2023 | 710.00 Mn |
| Sep 30, 2022 | 770.00 Mn |
| Dec 31, 2018 | 5.07 Bn |