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% on a QoQ basis from $1.4 billion in Q4 2023.
AbbVie (ABBV) has 4 years of Asset Writedowns and Impairment data on file, last reported at $4.5 billion in Q4 2024.
- Quarterly Asset Writedowns and Impairment rose 218.58% year-over-year to $4.5 billion in Q4 2024, while the trailing twelve-month figure through Dec 2025 was $4.5 billion (changed 0.0% YoY) and the FY2025 annual result came in at $847.0 million, down 81.08% from the prior year.
- Asset Writedowns and Impairment climbed 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.
- The 3-year median for Asset Writedowns and Impairment is $1.1 billion (2022), against an average of $1.6 billion.
- The widest annual swing landed in 2023, when Asset Writedowns and Impairment jumped 174.55%; it then surged 218.58% in 2024.
- Tracing ABBV's Asset Writedowns and Impairment over 3 years: 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.
- Per Business Quant, the three latest ABBV Asset Writedowns and Impairment figures stand at $4.5 billion (Q4 2024), $1.4 billion (Q4 2023), and $2.1 billion (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn |
| 10 | Gsk | 88.34 Bn | 83.66 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 |