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 Openings1,328
Revenue (FY, 2019)$28 B(+2%)
Share Price (Oct 2020)$26.5
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
Sami Atiya

Sami Atiya

President, Robotics & Discrete Automation business
Maria Varsellona

Maria Varsellona

General Counsel & Company Secretary
Tarak Mehta

Tarak Mehta

President, Electrification Business
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ABB Office Locations

ABB has offices in Zürich, Baden, Lenzburg, Meyrin and in 548 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 $27.98 b in FY, 2019 which is a 1.1% increase from the previous period.
USD

Revenue (Q2, 2020)

6.2b

Gross profit (Q2, 2020)

2.0b

Gross profit margin (Q2, 2020), %

32.3%

Net income (Q2, 2020)

346.0m

EBIT (Q2, 2020)

571.0m

Market capitalization (19-Oct-2020)

56.5b

Closing stock price (19-Oct-2020)

26.5

Cash (30-Jun-2020)

2.5b

EV

67.5b
ABB's current market capitalization is $56.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

34.3b27.7b28.0b

Revenue growth, %

1%(19%)1%

Cost of goods sold

24.0b19.1b19.1b

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

4.5b3.4b3.5b

Accounts Receivable

10.4b6.4b6.4b

Prepaid Expenses

189.0m176.0m191.0m

Inventories

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

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

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

Net Income

2.4b2.3b1.5b

Depreciation and Amortization

1.1b916.0m961.0m

Inventories

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

Accounts Payable

599.0m454.0m130.0m
Quarterly
USDFY, 2017

EV/EBIT

17.5 x

EV/CFO

15.8 x

Revenue/Employee

254.5k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.8 x

P/E Ratio

25.8
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ABB Operating Metrics

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

Patents Pending

7.90 k8.80 k8.50 k

Patents and Patent Applications

25.20 k30.50 k35.50 k
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ABB Acquisitions / Subsidiaries

Company NameDateDeal Size
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
ELBI ElektrikSeptember 06, 2013
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ABB Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

ABB Revenue Breakdown

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ABB revenue breakdown by business segment: 11.5% from Robotics & Discrete Automation, 22.6% from Motion, 44.1% from Electrification Products and 21.7% from Industrial Automation

ABB revenue breakdown by geographic segment: 32.1% from The Americas, 31.8% from Asia, Middle East and Africa and 36.0% from Europe

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ABB Online and Social Media Presence

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ABB News and Updates

Insights on the Pad-mounted Transformers Global Market to 2027 - Featuring ABB, Crompton Graves & Eaton Among Others

Dublin, Oct. 16, 2020 (GLOBE NEWSWIRE) -- The "Pad-mounted Transformers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 6th edition of this report. The 375-page report presents concise…

Insights on the Modular Substation Global Market to 2027 - Featuring ABB, AMPControl & Modpower Among Others

Dublin, Oct. 13, 2020 (GLOBE NEWSWIRE) -- The "Modular Substation - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 8th edition of this report. The 134-page report presents concise insig…

Outlook on the HVDC Transmission Global Market to 2027 - Featuring ABB, AECOM & Atco Electric Among Others

Dublin, Oct. 12, 2020 (GLOBE NEWSWIRE) -- The "HVDC Transmission - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 8th edition of this report. The 304-page report presents concise insigh…

Smart Gas Metering 2020 Global Market Key Players – Elster Group, General Electric, Itron, Landis+GYR, ABB - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Smart Gas Metering Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday

Automation Control in Power Generation Market Future Outlook – ABB, General Electric, Honeywell, Rockwell Automation, Schneider Electric, Siemens

WiseGuyRerports.com Presents “Global and China Automation Control in Power Generation Market Size, Status and Forecast 2020-2026” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Outlook on the Superconductors Global Market to 2025 - Featuring ABB, Advanced Magnet Lab & Alstom Among Others

Dublin, Oct. 08, 2020 (GLOBE NEWSWIRE) -- The "Superconductors: Global Markets" report has been added to ResearchAndMarkets.com's offering.
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ABB Blogs

5 reasons why you will love your smart home

Smart homes are designed to make your life simpler, safer, energy-efficient and more convenient.

Transforming gas stations into energy hubs

The market is switching to electric vehicles far faster than anyone expected. For roadside services that offer EV-charging, that’s a big opportunity.

Charging up for our EV future

With two months to go before we celebrate World EV Day let’s take a look at the major milestones in e-mobility and the exciting developments still to come.

Data Center Sustainability: Back to the Basics

Every watt counts as data center companies aim to minimize energy usage as demand continues to rise.

The future of smart buildings: digital planning tools hold the key

Today digital planning tools are a competitive advantage. Tomorrow they will be seen as table stakes.

We’re about to reach the electric vehicle tipping point. Are you ready?

How investing in the right technology today will help you achieve an optimized electrical infrastructure that is scalable for the future.
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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 $28 b.

  • What is ABB revenue per employee?

    Latest ABB revenue per employee is $194.3 k.

  • Who are ABB competitors?

    Competitors of ABB include Siemens Energy, CG Power and Industrial Solutions and Mitsubishi Hitachi Power Systems.

  • 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 548 other locations.

  • How many offices does ABB have?

    ABB has 660 offices.