ฟ์รจ

Dads' Investment Helps us Grow

โ€˜There is no greater investment one makes in life than in their children.โ€™

Strategy and Strength|June 19, 2017

Few things in life make a dad prouder than watching his kids succeed.

Scott Leinenweber, our head of investor relations, is no exception โ€“ and recently he had a chance to reflect on this with 130 or so ฟ์รจ employees and their dads at a unique โ€œBring Your Father to Workโ€ event.

Scott reflected on his Fatherโ€™s Day and experiences at the ฟ์รจ event in a recent LinkedIn blog post, where he said: โ€œThere is no greater investment one makes in life than in their children.โ€

And the investment so many parents of ฟ์รจ employees have made over the course of nearly 130 years have helped the company grow tremendously. A few stats:

  • Since 1998, our sales have grown from $12.5 billion to $25.4 billion ($51 billion if you include AbbVie, the proprietary pharma business we spun off in 2013).
  • Our mix has shifted from 60 percent in the U.S. to 65 percent outside of the U.S., to reflect the changing global business landscape.
  • ย Our market cap (again, including AbbVie for apples-to-apples) has more than doubled since we strategically split with the pharma business and our combined market cap since Miles White became CEO has nearly tripled from $74 billion to $212 billion (including AbbVie and Hospira).
  • ย We've met or beaten Street adjusted EPS estimates every quarter for the last 10 years.

ย to check out his full blog post.