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 |
Recent NewsAll News
- ABB launches breakthrough robot alignment software increasing electronics manufacturing speed and accuracy
- ABB and Siemens back Norwegian battery start-up
- ABB Process Automation Capital Markets Day: Supporting energy transition and digital transformation across industries
- ABB Motion Capital Markets Day: Energy transition driving profitable growth
Key People/Management at ABB
Björn Rosengren
Chief Executive Officer
Timo Ihamuotila
Chief Financial Officer
Theodor Swedjemark
Chief Communications and Sustainability Officer
Carolina Granat
Chief Human Resources Officer
Sami Atiya
President, Robotics & Discrete Automation business
Tarak Mehta
President, Motion
ABB Office Locations
ABB has offices in Zürich, Baden, Lenzburg, Meyrin and in 495 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 $37.36 b in FY, 2018
| USD | |
|---|---|
Revenue (Q1, 2022) | 7.0b |
Gross profit (Q1, 2022) | 2.6b |
Net income (Q1, 2022) | 643.0m |
EBITDA (Q1, 2022) | 1.1b |
EBIT (Q1, 2022) | 893.0m |
Market capitalization (23-May-2022) | 58.8b |
Closing stock price (23-May-2022) | 30.0 |
Cash (31-Mar-2022) | 5.2b |
EV | 63.8b |
ABB's current market capitalization is $58.8 b.
Annual
| USD | FY, 2018 |
|---|---|
Revenue | 37.4b |
Cost of goods sold | (25.6b) |
Gross profit | 11.9b |
R&D expense | (1.1b) |
Quarterly
| USD | Q1, 2022 |
|---|---|
Revenue | 7.0b |
Cost of goods sold | (4.5b) |
Gross profit | 2.6b |
R&D expense | (277.0m) |
Annual
| USD | FY, 2018 |
|---|---|
Cash | 3.4b |
Accounts Receivable | 5.8b |
Prepaid Expenses | 176.0m |
Inventories | 4.3b |
Quarterly
| USD | Q1, 2022 |
|---|---|
Cash | 5.2b |
Accounts Receivable | 6.9b |
Prepaid Expenses | 289.0m |
Inventories | 5.4b |
Annual
| USD | FY, 2018 |
|---|---|
Net Income | 2.3b |
Depreciation and Amortization | 916.0m |
Inventories | (336.0m) |
Accounts Payable | 454.0m |
Quarterly
| USD | Q1, 2022 |
|---|---|
Net Income | 632.0m |
Depreciation and Amortization | 210.0m |
Inventories | (542.0m) |
Accounts Payable | 7.0m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 254.8k |
ABB Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 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 | $7.99 b | $7.87 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 | $3.69 b | $3.52 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 | $1.56 b | $1.67 b |
ABB Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| In-Charge Energy | January 07, 2022 | |
| ASTI Mobile Robotics | August 02, 2021 | $190 m |
| 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 |
ABB Revenue Breakdown
ABB revenue breakdown by business segment: 24.5% from MOTION, 31.3% from ELECTRIFICATION PRODUCTS, 19.8% from PROCESS AUTOMATION, 26.0% from DISCONTINUED OPERATIONS and -1.5% from Other
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
159.79k Twitter followers
ABB has 159.79k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.2% quarter over quarter
ABB's Trends
Twitter Engagement Stats for @ABBgroupnews
12k
Tweets
703
Following
159.8k
Followers
38
Tweets last 30 days
10
Avg. likes per Tweet
100%
Tweets with engagement
ABB News and Updates
May 24, 2022
ABB launches breakthrough robot alignment software increasing electronics manufacturing speed and accuracy
ABB Robotics has launched an industry leading, pioneering software solution to transform speed and accuracy in electronics assembly. Packed with 50 years of software expertise, ABB’s High Speed Alignment software is the first to offer manufacturers the ability to increase the speed of 6-axis robots …
May 22, 2022
ABB and Siemens back Norwegian battery start-up
ABB and Siemens are leading a €100mn fundraising round by Morrow Batteries, a start-up that aims to start producing in its home country of Norway by the end of next year.
May 18, 2022
ABB Process Automation Capital Markets Day: Supporting energy transition and digital transformation across industries
ABB’s Process Automation business area is hosting its Capital Markets Day in Helsinki, Finland, today. The business area is highlighting how it is raising long-term profitability by enabling industrial customers to manage the energy transition to a more sustainable future. This will be done through …
May 17, 2022
ABB Motion Capital Markets Day: Energy transition driving profitable growth
ABB’s Motion business area is hosting its Capital Markets Day in Helsinki, Finland, today. The world’s leader in electric motors and drives will outline its ambition to outgrow the motion market and to improve its industry leading performance further.
May 17, 2022
ABB depalletizer replaces heavy lifting and improves efficiency
ABB launches a new Robotic Depalletizer solution designed for handling complex depalletizing tasks in the logistics, e-commerce, healthcare, and consumer packaged goods industries.
May 16, 2022
ABB and Shell to launch first nationwide network of world’s fastest EV charger in Germany
ABB E-mobility and Shell announce plans to launch the first nationwide network of Terra 360’s, the world’s fastest all-in-one electric car charger.
ABB Blogs
February 28, 2022
The need for speed: ABB helps to develop data centers between 30 and 50 percent faster
With increased demand, the market is looking for ways to expand and develop data centers quicker and generate revenue sooner.
February 21, 2022
Three ways to future-proof your data center
The amount of data created and consumed every day continues to grow rapidly, and for data center operators, all eyes must be on their future expansion plans
February 21, 2022
The benefits of a modular approach
With demand for data center capacity at an all-time high and rising, more operators than ever before are turning to modular power solutions to deliver new facilities.
February 14, 2022
A profile of caring: Meet Chandra Durgavajjala, Sr.Data Architect and diversability advocate
“Perseverance and a positive, can-do attitude help me overcome the different challenges life throws at me.” - Chandrasekhar “Chandra” Durgavajjala
February 07, 2022
Combining ‘bricks and bytes’ for a safer, sustainable future
As I take on my new role as President of ABB’s Smart Buildings Division, it is with a sense of commitment, responsibility and anticipation.
January 25, 2022
ABB’s program accelerates green transition with partners
In the Green Electrification 2035 program, ABB opens its software platforms for frequency converters and grid control to strive for carbon neutrality with partners.
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, Timo Ihamuotila and Theodor Swedjemark.
How many employees does ABB have?
ABB has 104,720 employees.
What is ABB revenue?
Latest ABB annual revenue is $37.4 b.
What is ABB revenue per employee?
Latest ABB revenue per employee is $356.8 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 495 other locations.
How many offices does ABB have?
ABB has 591 offices.
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