Exploring ABBOTT LABORATORIES (NYSE:ABT)s quality characteristics.

In this article we will dive into ABBOTT LABORATORIES (NYSE:ABT) as a possible candidate for quality investing. Investors should always do their own research, but we noticed ABBOTT LABORATORIES showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

A Deep Dive into ABBOTT LABORATORIES's Quality Metrics.

• ABBOTT LABORATORIES has shown strong performance in revenue growth over the past 5 years, with a 5.58% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• With a robust ROIC excluding cash and goodwill at 29.04%, ABBOTT LABORATORIES showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• With a Debt/Free Cash Flow Ratio of 2.9, ABBOTT LABORATORIES exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
• With a robust Profit Quality (5-year) ratio of 115.0%, ABBOTT LABORATORIES highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• With a robust 5-year EBIT growth of 12.5%, ABBOTT LABORATORIES showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
• ABBOTT LABORATORIES has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

A complete fundamental analysis of NYSE:ABT

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, ABT scores 7 out of 10 in our fundamental rating. ABT was compared to 196 industry peers in the Health Care Equipment & Supplies industry. ABT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ABT is not valued too expensively and it also shows a decent growth rate.

For an up to date full fundamental analysis you can check the fundamental report of ABT

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.