Craft

ABB

Stock Price

CHF47.6

2024-05-14

Market Capitalization

CHF88.4 B

2024-05-14

Revenue

$32.2 B

FY, 2023

ABB Summary

Company Summary

Overview
ABB is a company that provides electrification, automation, robotics, and digitalization solutions to industrial customers. It operates four businesses: Electrification, Process 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 Process 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. The company serves oil and gas, chemical, food and beverage, railway, infrastructure, marine, mining, and other industries.
Type
Public
Status
Active
Founded
1988
HQ
Zürich, CH | view all locations
Website
https://global.abb/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Björn Rosengren

    Björn Rosengren, Chief Executive Officer

  • Timo Ihamuotila

    Timo Ihamuotila, Chief Financial Officer

    • Carolina Granat

      Carolina Granat, Chief Human Resources Officer

    • Karin Lepasoon

      Karin Lepasoon, Chief Communications and Sustainability Officer

    Operating MetricsView all

    Order Backlog (Motion)

    $5.1B
    10.7%

    Q3, 2023

    Order Volume (Robotics & Discrete Automation)

    $665M
    26.2%

    Q3, 2023

    Patents Pending

    5.5K
    3.8%

    FY, 2021

    LocationsView all

    479 locations detected

    • Zürich, Zürich HQ

      Switzerland

      Affolternstrasse 44

    • Albuquerque, NM

      United States

      6625 Bluewater Rd NW

    • Athens, TN

      United States

      260 Dennis St

    • Auburn Hills, MI

      United States

      1250 Brown Rd

    • Bartlesville, OK

      United States

      7051 Industrial Blvd

    • Bolingbrook, IL

      United States

      1 Territorial Ct Suite A Suite A

    and 473 others

    ABB Financials

    Summary Financials

    Revenue (Q1, 2024)
    $7.9B
    Gross profit (Q1, 2024)
    $3.2B
    Net income (Q1, 2024)
    $914.0M
    Cash (Q1, 2024)
    $4.1B
    EBIT (Q1, 2024)
    $1.2B
    Enterprise value
    $93.5B

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