AbbVie (ABBV) Interest Expenses (2012 - 2016)
AbbVie (ABBV) reported Interest Expenses of $245 million for Q2 2016, up 42.4% from $172 million a year earlier and up 14.0% from the prior quarter.
AbbVie (ABBV) Interest Expenses (2012 - 2016) Analysis & Trends
Over the twelve months ended Jun 30, 2016, AbbVie's Interest Expenses came in at $875 million, up 48.1% year-over-year; for FY2015, it came in at $719 million, up 67.6% from FY2014.
- Interest Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 90.5% (FY2012 to FY2015).
- By year, Interest Expenses came in at $429 million in FY2014 (+43.5%), $299 million in FY2013 (+187.5%) and $104 million in FY2012.
- The Q2 2016 figure ranks as the highest quarterly Interest Expenses in data going back to Q3 2012.
- Year over year, Interest Expenses has now increased in each of the last eight quarters, with growth averaging 75.5% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2013 (growth of 650.0%); the low point was Q4 2013 (a decline of 21.3%).
- Per Business Quant data, the three quarters before Q2 2016 came in at $215 million (Q1 2016), $208 million (Q4 2015) and $207 million (Q3 2015).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,269.45 Bn | 1,243.07 Bn | 20.46 Bn | - |
| 2 | Johnson & Johnson | 647.18 Bn | 567.04 Bn | 17.30 Bn | 217.00 Mn |
| 3 | AbbVie | 510.77 Bn | 483.88 Bn | 12.70 Bn | - |
| 4 | Merck | 359.14 Bn | 313.52 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 310.61 Bn | 283.85 Bn | - | - |
| 6 | Astrazeneca | 286.01 Bn | 259.90 Bn | 13.26 Bn | -477.00 Mn |
| 7 | Amgen | 250.64 Bn | 206.03 Bn | 7.24 Bn | 673.00 Mn |
| 8 | Gilead Sciences | 211.36 Bn | 185.56 Bn | 6.22 Bn | 247.00 Mn |
| 9 | Pfizer | 173.99 Bn | 120.64 Bn | 10.94 Bn | - |
| 10 | Vertex Pharmaceuticals | 135.82 Bn | 107.83 Bn | 2.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2016 | 245.00 Mn |
| Mar 31, 2016 | 215.00 Mn |
| Dec 31, 2015 | 208.00 Mn |
| Sep 30, 2015 | 207.00 Mn |
| Jun 30, 2015 | 172.00 Mn |
| Mar 31, 2015 | 132.00 Mn |
| Dec 31, 2014 | 139.00 Mn |
| Sep 30, 2014 | 148.00 Mn |
| Jun 30, 2014 | 73.00 Mn |
| Mar 31, 2014 | 70.00 Mn |
| Dec 31, 2013 | 74.00 Mn |
| Sep 30, 2013 | 75.00 Mn |
| Jun 30, 2013 | 79.00 Mn |
| Mar 31, 2013 | 72.00 Mn |
| Dec 31, 2012 | 94.00 Mn |
| Sep 30, 2012 | 10.00 Mn |
AbbVie Interest Expenses 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=interest-expenses&ticker=ABBV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=ABBV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();