OverviewSuggest Edit

ABB is a company providing electrification, automation, robotics, and digitalization solutions to industrial customers. It operates four core businesses: Electrification, Industrial Automation, Motion, and Robotics and Discrete Automation. The Electrification business offers modular substation packages, distribution automation products, switchgear, circuit breakers, measuring and sensing devices, control products, solar power solutions, EV charging infrastructure, wiring accessories, and enclosures and cabling systems. The Industrial Automation business provides turnkey engineering, control technologies, software and lifecycle services, measurement and analytics products, marine and turbocharging offerings, Human Machine Interfaces (HMI), and integrated safety technology. The Motion business supplies electrical motors, generators, and mechanical power transmission products. The Robotics and Discrete Automation business delivers industrial robots, software, application solutions, engineered solutions, and related services.

TypePublic
Founded1988
HQZürich, CH
Websiteglobal.abb
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)144,000(-1%)
Job Openings5
Revenue (FY, 2020)$26.1 B(-6%)
Share Price (Feb 2021)$28.8 (-1%)
Cybersecurity ratingAMore

Key People/Management at ABB

Björn Rosengren

Björn Rosengren

Chief Executive Officer
Sylvia Hill

Sylvia Hill

Chief Human Resources Officer. Member of the Group Executive Committee of ABB Ltd, Switzerland.
Timo Ihamuotila

Timo Ihamuotila

Chief Financial Officer
Jacob Wallenberg

Jacob Wallenberg

Vice-Chairman of the Board; Chairman of the Governance and Nomination Committee
Sami Atiya

Sami Atiya

President, Robotics & Discrete Automation business
Maria Varsellona

Maria Varsellona

General Counsel & Company Secretary
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ABB Office Locations

ABB has offices in Zürich, Baden, Lenzburg, Meyrin and in 549 other locations
Zürich, CH (HQ)
Affolternstrasse 44
Baden, CH
Brown Boveri Pl. 3
Baden, CH
Brown Boveri Pl. 3B
Baden, CH
Brown Boveri Str. 6
Baden, CH
Bruggerstrasse 66
Baden, CH
Bruggerstrasse 71
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ABB Financials and Metrics

ABB Revenue

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ABB's revenue was reported to be $26.13 b in FY, 2020
USD

Revenue (FY, 2020)

26.1b

Gross profit (FY, 2020)

7.9b

Gross profit margin (FY, 2020), %

30.1%

Net income (FY, 2020)

5.2b

EBIT (FY, 2020)

1.6b

Market capitalization (26-Feb-2021)

58.9b

Closing stock price (26-Feb-2021)

28.8

Cash (31-Dec-2020)

3.3b

EV

62.7b
ABB's current market capitalization is $58.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

34.3b27.7b28.0b26.1b

Revenue growth, %

1%(19%)1%

Cost of goods sold

24.0b19.1b19.1b18.3b

Gross profit

10.3b8.5b8.9b7.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

8.6b8.9b9.3b6.8b7.2b6.9b6.2b6.2b6.6b

Cost of goods sold

5.9b6.2b6.6b4.6b4.9b4.7b4.3b4.2b4.7b

Gross profit

2.7b2.7b2.7b2.2b2.3b2.2b1.9b2.0b1.8b

Gross profit Margin, %

31%31%29%32%32%32%31%32%28%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.5b3.4b3.5b3.3b

Accounts Receivable

10.4b6.4b6.4b6.8b

Prepaid Expenses

189.0m176.0m191.0m

Inventories

5.1b4.3b4.2b4.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

4.2b3.3b2.6b2.7b2.5b2.6b6.0b2.5b3.2b

Accounts Receivable

8.5b9.0b8.9b6.5b6.5b6.4b6.3b6.2b6.6b

Prepaid Expenses

321.0m315.0m316.0m252.0m250.0m258.0m266.0m256.0m233.0m

Inventories

5.6b5.9b6.1b4.5b4.5b4.4b4.4b4.4b4.6b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

2.4b2.3b1.5b5.2b

Depreciation and Amortization

1.1b916.0m961.0m915.0m

Inventories

(55.0m)(336.0m)(182.0m)196.0m

Accounts Payable

599.0m454.0m130.0m(13.0m)
USDFY, 2017

Revenue/Employee

254.5k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.8 x
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ABB Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

100 100 100

Order Volume

$25.03 b$9.77 b$9.48 b$8.94 b$28.59 b$7.61 b$7.40 b$6.69 b$28.59 b$7.35 b$6.05 b$6.11 b

Order Volume (Electrification)

$10.14 b$2.79 b$2.73 b$3.22 b$11.87 b$3.36 b$3.34 b$3.19 b$13.05 b$3.12 b$2.74 b$2.95 b

Order Volume (Industrial Automation)

$6.11 b$2.12 b$2.01 b$1.64 b$6.70 b$1.88 b$1.62 b$1.44 b$6.43 b$1.76 b$1.31 b$1.16 b
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ABB Acquisitions / Subsidiaries

Company NameDateDeal Size
Codian RoboticsOctober 02, 2020
Cylon ControlsMarch 05, 2020
ChargedotOctober 28, 2019
GE Industrial SolutionsSeptember 25, 2017$2.60 b
KEYMILE - BusinessJuly 03, 2017
B&R Industrial AutomationApril 04, 2017
NUB3D, S.L.February 14, 2017
SVIAMay 10, 2016
GomtecApril 14, 2015
Spirit ITJuly 25, 2014
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ABB Revenue Breakdown

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ABB revenue breakdown by business segment: 44.2% from Electrification Products, 22.2% from Industrial Automation, 11.7% from Robotics & Discrete Automation, 21.7% from Motion and 0.3% from Other

ABB revenue breakdown by geographic segment: 31.9% from Asia, Middle East and Africa, 36.1% from Europe and 32.0% from The Americas

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ABB Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

ABB Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

ABB Online and Social Media Presence

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ABB News and Updates

Global Data Center Construction Market (2021 to 2026) - Featuring ABB, Eaton and Rittal Among Others

Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) -- The "Data Center Construction Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Construction …

World Market Outlook for the Articulated Robots Industry to 2025, Featuring Key Players ABB Ltd., Comau Spa, FANUC Corp., Midea Group Co. Ltd. and More

Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) -- The "Global Articulated Robots Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The articulated robots market is poised to grow by $6.12 billion during 2021-2025 progressing at a CAGR of 10% during the forecast period. The repo…

Worldwide Industry for Smart Robots to 2026 - Featuring ABB, Kuka and Yaskawa Electric Among Others

Dublin, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The "Global Smart Robots Market By Component, By Mobility, By Operating Environment, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The global smart robots market size is exp…

Ola to Deploy ABB Robotics at Its Mega-Factory for Electric Scooters

Ola Electric today announced that it will deploy ABB robotics as one of its key partners for robotics and automation solutions for its mega-factory in India

Viking Analytics Enters Frame Agreement With ABB

Viking Analytics, a Swedish startup in the field of advanced analytics for predictive operations, has signed a frame agreement with ABB

Q4 and Full-year 2020 Results

Solid end to challenging year
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ABB Blogs

Corporate Venturing Powers Progress

In the newly formed ABB Technology Ventures (ATV) wing of ABB Electrification, our team is pushing the boundaries on the speed of invention, collaboration and open innovation.

From petrol pumps to EV chargers: preparing for the future of transport

The transition to e-mobility is gaining pace. As countries around the world sharpen their focus on low-ering carbon emissions, there are more electric vehicles (EVs) on the road than ever before.

Gaining a Competitive Edge in 2021

How colocation and multi-tenant data centers are the future when it comes to speed and efficiency

In a time of change for commercial buildings, smart tech leads the way

There’s never been a more exciting time to be working in the smart buildings industry.

Creating a roadmap for your fleet’s electrified future

The fastest-growing contributor to climate change is the transport sector, accounting for 23 percent of global energy-related greenhouse gas (GHG) emissions, according to The Climate Group[1].

How SF6-free technology supports a more sustainable future for utilities

Click. The light is on. Click. The TV, too. Click. Click. Now so is the sound system. It sounds so easy and simple, yet power has to travel a long way before it reaches our houses.
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ABB Frequently Asked Questions

  • When was ABB founded?

    ABB was founded in 1988.

  • Who are ABB key executives?

    ABB's key executives are Björn Rosengren, Sylvia Hill and Timo Ihamuotila.

  • How many employees does ABB have?

    ABB has 144,000 employees.

  • What is ABB revenue?

    Latest ABB annual revenue is $26.1 b.

  • What is ABB revenue per employee?

    Latest ABB revenue per employee is $181.5 k.

  • Who are ABB competitors?

    Competitors of ABB include Rockwell Automation, Eaton and Honeywell.

  • Where is ABB headquarters?

    ABB headquarters is located at Affolternstrasse 44, Zürich.

  • Where are ABB offices?

    ABB has offices in Zürich, Baden, Lenzburg, Meyrin and in 549 other locations.

  • How many offices does ABB have?

    ABB has 669 offices.