OverviewSuggest Edit
ABB is a company providing electrification, automation, robotics, and digitalization solutions to industrial customers. It operates four core 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.
| Type | Public | |
| Founded | 1988 | |
| HQ | Zürich, CH | Map |
| Website | global.abb | |
| Employee Ratings | More |
Recent NewsAll News
- Insights on the Automated 3D Printing Global Market to 2027 - Featuring ABB, Additive Industries and Concept Laser Among Others
- HSD Engine chooses ABB Ability™ Tekomar XPERT as a partner for marine engine performance optimization platform
- ST Telemedia Global Data Centres collaborates with ABB for artificial intelligence energy optimisation pilot
- Insights on the Edge Computing Global Market to 2026 - Featuring ABB, Advantech and Bosch Among Others
Key People/Management at ABB
Björn Rosengren
Chief Executive Officer
Peter R. Voser
Chairman of the Board; Chairman of the Governance and Nomination Committee
Timo Ihamuotila
Chief Financial Officer
Jacob Wallenberg
Vice-Chairman of the Board; Member of the Governance and Nomination Committee
Frederico Fleury Curado
Chairman of the Compensation Committee
Sami Atiya
President, Robotics & Discrete Automation business
ABB Office Locations
ABB has offices in Zürich, Baden, Lenzburg, Meyrin and in 490 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
ABB Financials and Metrics
ABB Revenue
ABB's revenue was reported to be $26.13 b in FY, 2020 which is a 6.6% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 6.9b |
Gross profit (Q1, 2021) | 2.3b |
Gross profit margin (Q1, 2021), % | 32.9% |
Net income (Q1, 2021) | 551.0m |
EBIT (Q1, 2021) | 797.0m |
Market capitalization (22-Jul-2021) | 72.6b |
Closing stock price (22-Jul-2021) | 36.0 |
Cash (31-Mar-2021) | 3.5b |
EV | 77.1b |
ABB's current market capitalization is $72.6 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 564.0m | 652.0m | 1.2b | 380.0m | 726.0m | 5.3b | 523.0m |
Depreciation and Amortization | 231.0m | 480.0m | 715.0m | 227.0m | 455.0m | 686.0m | 227.0m |
Inventories | (213.0m) | (286.0m) | (411.0m) | (301.0m) | (114.0m) | (48.0m) | (168.0m) |
Accounts Payable | (307.0m) | (195.0m) | (162.0m) | (67.0m) | (214.0m) | (204.0m) | 42.0m |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 20.5 x |
EV/CFO | 15.6 x |
Revenue/Employee | 188.7k |
Debt/Equity | 0.6 x |
Debt/Assets | 0.2 x |
Financial Leverage | 3.2 x |
P/E Ratio | 18.6 |
ABB Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Countries | 100 | 100 | 100 | |||||||
Order Volume | $28.59 b | $7.61 b | $7.4 b | $6.69 b | $28.59 b | $7.35 b | $6.05 b | $6.11 b | $26.51 b | $7.76 b |
Order Volume (Electrification) | $11.87 b | $3.36 b | $3.34 b | $3.19 b | $13.05 b | $3.12 b | $2.74 b | $2.95 b | $11.88 b | $3.53 b |
Order Volume (Industrial Automation) | $6.7 b | $1.88 b | $1.62 b | $1.44 b | $6.43 b | $1.76 b | $1.31 b | $1.16 b | $6.14 b | $1.66 b |
ABB Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Codian Robotics | October 02, 2020 | |
| Cylon Controls | March 05, 2020 | |
| Chargedot | October 28, 2019 | |
| GE Industrial Solutions | September 25, 2017 | $2.6 b |
| KEYMILE - Business | July 03, 2017 | |
| B&R Industrial Automation | April 04, 2017 | |
| NUB3D, S.L. | February 14, 2017 | |
| SVIA | May 10, 2016 | |
| Gomtec | April 14, 2015 | |
| Spirit IT | July 25, 2014 |
ABB Revenue Breakdown
ABB revenue breakdown by business segment: 71.1% from Electrification Products, 15.8% from Industrial Automation, 7.9% from Robotics & Discrete Automation and 5.3% from Motion
ABB revenue breakdown by geographic segment: 32.2% from Asia, Middle East and Africa, 37.4% from Europe and 30.4% from The Americas
Human Capital Metrics
Source: sustainabilityreport.abb.com, sustainabilityreport2019.abb.com, sustainabilityreport2018.abb.com
ABB Cybersecurity Score
ABB Environment, Social & Governance (ESG) Ratings
ABB Online and Social Media Presence
158.62k Twitter followers
ABB has 158.62k Twitter Followers. The number of followers has decreased 0.3% quarter over quarter
ABB's Trends
Twitter Engagement Stats for @ABBgroupnews
11.7k
Tweets
700
Following
158.6k
Followers
45
Tweets last 30 days
14.6
Avg. likes per Tweet
100%
Tweets with engagement
ABB News and Updates
July 22, 2021
Insights on the Automated 3D Printing Global Market to 2027 - Featuring ABB, Additive Industries and Concept Laser Among Others
DUBLIN, July 22, 2021 /PRNewswire/ -- The "Automated 3D Printing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Automated 3D Printing estimated at US$458.5 Million in the year 2020, is...
July 16, 2021
HSD Engine chooses ABB Ability™ Tekomar XPERT as a partner for marine engine performance optimization platform
Under the agreement, HSD Engine will offer the software as an option to shipowners, strengthening Tekomar XPERT’s position in the market.
July 15, 2021
ST Telemedia Global Data Centres collaborates with ABB for artificial intelligence energy optimisation pilot
ST Telemedia Global Data Centres (STT GDC), one of the fastest growing global data centre operators headquartered in Singapore, announced today that it is collaborating with ABB, a technology leader driving digital transformation across industries, to conduct an artificial intelligence (AI) energy o…
July 13, 2021
Insights on the Edge Computing Global Market to 2026 - Featuring ABB, Advantech and Bosch Among Others
Dublin, July 13, 2021 (GLOBE NEWSWIRE) -- ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com
July 13, 2021
Level Sensors and Switches Market Analysis Featuring ABB Ltd., AMETEK Inc., and Emerson Electric Co. | Discover Company Insights in Technavio
NEW YORK, July 12, 2021 /PRNewswire/ -- The level sensors and switches market is expected to grow by USD 1.22 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the level sensors and switches market in...
July 08, 2021
ABB, T&E, & Others Push For Strong EV Charging Plans & Unity In Europe
The European Union is seeing massive growth in electric vehicle market share. This has been one of the biggest and most exciting stories of the past year and a half in the electric vehicle industry. One side of it that gets little attention, though, is that massive growth in EV sales really requires…
ABB Blogs
July 29, 2021
Data ownership
The big theme at this year’s World Statistics Day 2021 is data ownership, or “connecting the world with data we can trust.” But how can you ensure operational data is safe, smart and sustainable?
July 08, 2021
Meeting the future’s needs today
It’s no secret –– all operational managers are intensely aware of the urgent need for smarter efficiency.
June 23, 2021
Where automation ends and autonomy begins
As the marine industry increases its use of automated processes, and AI matures, the time is ripe for a clearer understanding of when an automation system becomes an autonomous one.
March 20, 2021
Singapore showcases electric vehicle technology leadership
ABB is excited to contribute to both private and public advancements in electric vehicle infrastructure, and Singapore offers an ideal microcosm of some of the latest developments.
February 23, 2021
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.
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, Peter R. Voser and Timo Ihamuotila.
How many employees does ABB have?
ABB has 105,600 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 $247.5 k.
Who are ABB competitors?
Competitors of ABB include Yaskawa Europe, Greatoo Intelligent Equipment and Jiangsu Hagong Intelligent Robot.
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 490 other locations.
How many offices does ABB have?
ABB has 584 offices.
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