AbbVie (ABBV) Stock Inflation-Adjusted

AbbVie Inc. (ABBV) is a global biopharmaceutical company focused on developing innovative advanced therapies for complex and critical conditions across immunology, oncology, neuroscience, and other specialty areas.

Analyzing a stock's price history alone can mask its true performance in terms of purchasing power. To evaluate AbbVie's genuine investment value, we need to consider inflation's effects. This page presents AbbVie's historical stock prices adjusted using the US Consumer Price Index, revealing the impact of inflation on its value.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use May 2026 as the baseline (latest available CPI).

The current value of AbbVie stock is 234.7 (as of the close of Jun 23, 2026), 1.7% lower than the all-time high of 238.76 (Oct 1, 2025).

While the nominal high reached 238.76, the inflation-adjusted peak value was 240.39 on November 21, 2025.

Since January 2, 2013, the inflation-adjusted total return for the stock has been 678.92%, which is equivalent to an annual growth rate of 16.46%.

In nominal values, the total return since this date has been 1,034%, or an annualized rate of 19.75%.

Inflation-Adjusted Values by Month

This data presents AbbVie's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power based on the latest CPI data, the same present-value method used by the US Inflation Calculator to compare dollar amounts across different years. The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.

Date Inflation-Adjusted Nominal value
Jun 2026 234.7 234.7
May 2026 217.72 217.72
Apr 2026 212.65 211.32
Mar 2026 218.92 215.72
Feb 2026 236.06 230.19
Jan 2026 227.9 221.19
Dec 2025 232.51 224.83
Nov 2025 231.66 224.05
Oct 2025 214.55 214.55
Sep 2025 233.4 226.21
Aug 2025 212.63 205.56
Jul 2025 191.57 184.67
Jun 2025 186.81 179.81
May 2025 187.94 180.28
Apr 2025 197.43 188.99
Mar 2025 211.07 201.42
Feb 2025 211.05 200.95
Jan 2025 186.5 176.79
Dec 2024 179.72 169.25
Nov 2024 185.07 174.23
Oct 2024 206.15 194.18
Sep 2024 198.34 186.61
Aug 2024 197.48 185.51
Jul 2024 186.58 175.12
Jun 2024 171.33 160.62
May 2024 161.11 150.99
Apr 2024 162.78 152.3
Mar 2024 181.29 168.96
Feb 2024 176.4 163.35
Jan 2024 165.75 152.54
Dec 2023 155.62 142.44
Nov 2023 142.84 130.88
Oct 2023 141.34 129.77
Sep 2023 147.71 135.66
Aug 2023 145.99 133.75
Jul 2023 149.25 136.14
Jun 2023 133.22 121.29
May 2023 136.86 124.2
Apr 2023 150.29 136.05
Mar 2023 157.86 142.18
Feb 2023 152.95 137.3
Jan 2023 147.65 131.81
Dec 2022 161.28 142.83
Nov 2022 160.35 142.45
Oct 2022 145.5 129.39
Sep 2022 132.59 117.43
Aug 2022 133.13 117.65
Jul 2022 142.04 125.57
Jun 2022 150.18 132.78
May 2022 146.48 127.76
Apr 2022 147.61 127.34
Mar 2022 162.45 139.37
Feb 2022 150.06 127.04
Jan 2022 140.28 117.69
Dec 2021 138.5 115.22
Nov 2021 118.28 98.1
Oct 2021 118.23 97.58
Sep 2021 110.82 90.71
Aug 2021 124.42 101.56
Jul 2021 120.05 97.8
Jun 2021 115.56 93.69
May 2021 117.21 94.15
Apr 2021 116.38 92.74
Mar 2021 112.53 88.94
Feb 2021 112.82 88.55
Jan 2021 107.9 84.22
Dec 2020 112.01 87.06
Nov 2020 109.42 84.97
Oct 2020 88.99 69.14
Sep 2020 90.41 70.22
Aug 2020 98.99 76.78
Jul 2020 98.41 76.09
Jun 2020 101.1 77.77
May 2020 95.95 73.41
Apr 2020 85.11 65.11
Mar 2020 77.23 59.48
Feb 2020 86.69 66.91
Jan 2020 82.17 63.25
Dec 2019 88.96 68.21
Nov 2019 88.06 67.59
Oct 2019 79.81 61.29
Sep 2019 75.06 57.51
Aug 2019 65.22 49.93
Jul 2019 66.09 50.6
Jun 2019 71.19 54.41
May 2019 75.11 57.4
Apr 2019 77.9 59.4
Mar 2019 78.47 59.52
Feb 2019 77.59 58.53
Jan 2019 78.95 59.3
Dec 2018 89.74 67.28
Nov 2018 91.47 68.79
Oct 2018 75.29 56.81
Sep 2018 90.67 68.3
Aug 2018 92.12 69.31
Jul 2018 88.57 66.6
Jun 2018 88.08 66.23
May 2018 94.21 70.73
Apr 2018 92.32 69.02
Mar 2018 89.94 66.98
Feb 2018 110.32 81.96
Jan 2018 107.36 79.41
Dec 2017 92.37 67.95
Nov 2017 92.52 68.1
Oct 2017 86.15 63.41
Sep 2017 84.19 62
Aug 2017 71.72 52.54
Jul 2017 66.78 48.78
Jun 2017 68.61 50.15
May 2017 62.53 45.66
Apr 2017 62.5 45.61
Mar 2017 61.34 44.63
Feb 2017 58.26 42.35
Jan 2017 57.76 41.85
Dec 2016 58.94 42.46
Nov 2016 57.25 41.23
Oct 2016 52.44 37.82
Sep 2016 58.83 42.38
Aug 2016 59.93 43.07
Jul 2016 61.98 44.5
Jun 2016 57.35 41.24
May 2016 58.48 41.92
Apr 2016 56.92 40.64
Mar 2016 53.04 37.69
Feb 2016 50.93 36.04
Jan 2016 51.24 36.23
Dec 2015 54.82 38.69
Nov 2015 53.62 37.98
Oct 2015 54.8 38.89
Sep 2015 49.59 35.21
Aug 2015 56.8 40.39
Jul 2015 63.62 45.31
Jun 2015 60.62 43.17
May 2015 60.29 42.78
Apr 2015 58.84 41.54
Mar 2015 52.94 37.3
Feb 2015 55.04 38.55
Jan 2015 55.14 38.46
Dec 2014 59.07 41.39
Nov 2014 62.11 43.77
Oct 2014 56.65 40.14
Sep 2014 51.06 36.26
Aug 2014 48.9 34.71
Jul 2014 46.22 32.86
Jun 2014 49.45 35.17
May 2014 47.69 33.86
Apr 2014 45.88 32.45
Mar 2014 45.03 31.75
Feb 2014 44.88 31.45
Jan 2014 43.56 30.41
Dec 2013 46.54 32.36
Nov 2013 42.69 29.69
Oct 2013 42.61 29.69
Sep 2013 38.89 27.17
Aug 2013 37.09 25.88
Jul 2013 39.63 27.63
Jun 2013 35.71 24.88
May 2013 36.97 25.7
Apr 2013 39.95 27.72
Mar 2013 35.02 24.32
Feb 2013 31.79 22.02
Jan 2013 31.85 21.88

Returns from Investing in AbbVie stock

How much did an investment in AbbVie really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for AbbVie stock by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Observe how inflation erodes nominal gains, sometimes resulting in a negative real return even when the stock price nominally increased, as in 2019.

Year Inflation-Adjusted Return Nominal Return
2024 15.49% 18.82%
2023 -3.51% -0.27%
2022 16.45% 23.96%
2021 23.65% 32.35%
2020 25.91% 27.63%
2019 -0.87% 1.39%
2018 -2.85% -0.99%
2017 56.72% 60.02%
2016 7.52% 9.75%
2015 -7.2% -6.53%
2014 26.93% 27.89%

Abbvie Stock: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for AbbVie over various trailing periods ending May 31, 2026, offering a clearer view of long-term, real investment performance.

Period Avg. Annual Return (Inflation-Adjusted) Avg. Annual Return (Nominal)
Last 1 year 15.84% 20.76%
Last 3 years 16.74% 20.58%
Last 5 years 13.18% 18.25%
Last 10 years 14.05% 17.91%

Real Returns of Investing in the AbbVie

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in September 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the AbbVie five years ago yielded an 155.47% nominal gain, but the real return (the actual increase in buying power) was 106.87%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period What $100 Grew To (Nominal) Total Nominal Return (%) Total Inflation-Adjusted Return (%)
Last 5 years Feb 2021 - Sep 2025 $255.47 155.47% 106.87%
Last 10 years Feb 2016 - Sep 2025 $627.74 527.74% 358.26%

Inflation Impact on AbbVie

AbbVie experiences moderate exposure to inflation throughout its business operations.

  • Research & Development: As a pharmaceutical company, AbbVie invests heavily in R&D. Inflation can increase the costs of clinical trials, research equipment, and scientific talent, potentially affecting the pace and scope of innovation.
  • Manufacturing & Supply Chain: Rising costs for raw materials, energy, and transportation can increase production expenses for AbbVie's drug portfolio, including its flagship immunology drug Humira and newer offerings like Skyrizi and Rinvoq.
  • Fixed Asset Investment: Inflation increases the costs of building and maintaining specialized manufacturing facilities and laboratory infrastructure, requiring higher capital expenditures.
  • Global Operations: With business across multiple countries, AbbVie faces varying inflation rates and currency fluctuations that can impact both costs and revenue when consolidated into USD financial reporting.

AbbVie mitigates these inflationary pressures through several approaches. The company's strong pricing power in specialty pharmaceuticals allows it to adjust prices of patented medications in line with or above inflation in many markets, though this ability varies by country due to different healthcare systems and regulations.

Additionally, AbbVie employs strategic long-term contracts with suppliers and manufacturers to stabilize input costs and implements operational efficiency initiatives to offset rising expenses. The company's robust cash flow enables it to continue critical investments despite inflationary environments, while its diverse product portfolio provides revenue stability across economic cycles.

About AbbVie

AbbVie Inc. is a research-driven biopharmaceutical company that was formed in 2013 when it was spun off from Abbott Laboratories.

The company develops and markets advanced therapies that address some of the world's most complex and serious diseases. AbbVie's portfolio spans multiple therapeutic areas, with particular strength in immunology and oncology. Its flagship drug Humira has been one of the world's top-selling pharmaceuticals, though the company has worked to diversify its revenue streams as Humira faces biosimilar competition.

Headquartered in North Chicago, Illinois, AbbVie employs thousands of scientists, researchers, and other professionals worldwide and maintains a consistent focus on innovation through significant R&D investment. AbbVie stock is a component of major indices including the S&P 500.

Last Close
Jun 23, 2026
234.7
Highest
Oct 1, 2025
238.76
Highest, Inflation-Adjusted
Nov 21, 2025
240.39
Annualized return
Since Jan 2, 2013
19.75%
Annualized return, Inflation-Adjusted
Since Jan 2, 2013
16.46%