AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024)
AbbVie (ABBV) posted quarterly Asset Writedowns and Impairment of $4.5 billion for Q4 2024, up 218.58% YoY from $1.4 billion in Q1 2024, and up 218.58% sequentially from $1.4 billion in Q4 2023.
AbbVie (ABBV) Asset Writedowns and Impairment (2018 - 2024) Analysis & Trends
AbbVie has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $4.5 billion for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 218.58% year-over-year to $4.5 billion; the TTM figure through Dec 2025 stood at $4.5 billion (changed 0.0% YoY), while the FY2025 annual figure was $847.0 million, down 81.08% from the prior year.
- Asset Writedowns and Impairment improved to $4.5 billion in Q4 2024, from $1.4 billion in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for ABBV reached as high as $4.5 billion in Q4 2024 and fell as low as $80.0 million in Q2 2023.
- The 3-year median for Asset Writedowns and Impairment is $1.1 billion (2022), against an average of $1.6 billion.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment soared 174.55% — and 2024, when it jumped 218.58%.
- 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.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $4.5 billion, $1.4 billion, and $2.1 billion for Q4 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 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 |