AbbVie (ABBV) Free Cash Flow (2012 - 2026)
AbbVie (ABBV) reported Free Cash Flow of $3.11 billion for Q2 2026, down 36.2% from $4.88 billion a year earlier and down 12.6% from the prior quarter.
AbbVie (ABBV) Free Cash Flow (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, AbbVie's Free Cash Flow came in at $18.21 billion, down 0.2% year-over-year; for FY2025, it came in at $17.82 billion, down 0.1% from FY2024.
- Free Cash Flow has declined for three consecutive years, though with a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $17.83 billion in FY2024 (-19.2%), $22.06 billion in FY2023 (-9.0%), $24.25 billion in FY2022 (+10.3%) and $21.99 billion in FY2021 (+31.0%).
- The Q2 2026 figure ranks as the lowest quarterly Free Cash Flow since Q1 2025.
- Year over year, Free Cash Flow gained in four of the last eight quarters, with growth averaging 26.8%.
- The high point for year-over-year Free Cash Flow in five years was Q1 2026 (growth of 154.6%); the low point was Q2 2024 (a decline of 66.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.56 billion (Q1 2026), $4.89 billion (Q4 2025) and $6.64 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 7.76 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 7.30 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 3.11 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 4.48 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 6.20 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 3.63 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 3.49 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 3.43 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 302.00 Mn |
| 10 | Vertex Pharmaceuticals | 129.23 Bn | 101.23 Bn | 2.84 Bn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.11 Bn |
| Mar 31, 2026 | 3.56 Bn |
| Dec 31, 2025 | 4.89 Bn |
| Sep 30, 2025 | 6.64 Bn |
| Jun 30, 2025 | 4.88 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 6.76 Bn |
| Sep 30, 2024 | 5.20 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Mar 31, 2024 | 3.85 Bn |
| Dec 31, 2023 | 4.55 Bn |
| Sep 30, 2023 | 7.36 Bn |
| Jun 30, 2023 | 6.14 Bn |
| Mar 31, 2023 | 4.02 Bn |
| Dec 31, 2022 | 7.22 Bn |
| Sep 30, 2022 | 7.43 Bn |
| Jun 30, 2022 | 4.86 Bn |
| Mar 31, 2022 | 4.75 Bn |
| Dec 31, 2021 | 4.89 Bn |
| Sep 30, 2021 | 7.72 Bn |
AbbVie Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ABBV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "ABBV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ABBV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();