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% 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 reported Asset Writedowns and Impairment for 4 consecutive years, with $4.5 billion the latest figure, recorded in 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 rose to $4.5 billion in Q4 2024 per ABBV's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $4.5 billion in Q4 2024 and bottomed at $80.0 million in Q2 2023.
- Historically, Asset Writedowns and Impairment has averaged $1.6 billion across 3 years, with a median of $1.1 billion in 2022.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment soared 174.55% — and 2024, when it jumped 218.58%.
- AbbVie's Asset Writedowns and Impairment stood at $770.0 million in 2022, then soared by 82.47% to $1.4 billion in 2023, then surged 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 | Johnson & Johnson | 652.20 Bn | 631.44 Bn | 17.26 Bn |
| 2 | AbbVie | 469.51 Bn | 462.94 Bn | 12.70 Bn |
| 3 | Merck | 376.81 Bn | 369.67 Bn | 12.21 Bn |
| 4 | Novartis Ag | 303.04 Bn | 295.35 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.61 Bn | 252.71 Bn | 12.86 Bn |
| 6 | Amgen | 237.37 Bn | 223.38 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 181.73 Bn | 178.55 Bn | 6.22 Bn |
| 8 | Pfizer | 159.66 Bn | 147.96 Bn | 10.94 Bn |
| 9 | Gsk | 106.24 Bn | 102.07 Bn | 8.24 Bn |
| 10 | Sanofi | 55.07 Bn | 47.69 Bn | 10.79 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 |