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

Latest Updates

Employees (est.) (Dec 2020)105,600(-26%)
Job Openings2,288
Revenue (FY, 2020)$26.1 B(-6%)
Share Price (Jul 2021)$36
Cybersecurity ratingBMore

Key People/Management at ABB

Björn Rosengren

Björn Rosengren

Chief Executive Officer
Peter R. Voser

Peter R. Voser

Chairman of the Board; Chairman of the Governance and Nomination Committee
Timo Ihamuotila

Timo Ihamuotila

Chief Financial Officer
Jacob Wallenberg

Jacob Wallenberg

Vice-Chairman of the Board; Member of the Governance and Nomination Committee
Frederico Fleury Curado

Frederico Fleury Curado

Chairman of the Compensation Committee
Sami Atiya

Sami Atiya

President, Robotics & Discrete Automation business
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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
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ABB Financials and Metrics

ABB Revenue

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View revenue for all periods
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
USDFY, 2018FY, 2019FY, 2020

Revenue

27.7b28.0b26.1b

Revenue growth, %

(19%)1%(7%)

Cost of goods sold

19.1b19.1b18.3b

Gross profit

8.5b8.9b7.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

6.8b7.2b6.9b6.2b6.2b6.6b6.9b

Cost of goods sold

4.6b4.9b4.7b4.3b4.2b4.7b4.6b

Gross profit

2.2b2.3b2.2b1.9b2.0b1.8b2.3b

Gross profit Margin, %

32%32%32%31%32%28%33%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

3.4b3.5b3.3b

Accounts Receivable

6.4b6.4b6.8b

Prepaid Expenses

176.0m191.0m201.0m

Inventories

4.3b4.2b4.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

2.7b2.5b2.6b6.0b2.5b3.2b3.5b

Accounts Receivable

6.5b6.5b6.4b6.3b6.2b6.6b6.7b

Prepaid Expenses

252.0m250.0m258.0m266.0m256.0m233.0m241.0m

Inventories

4.5b4.5b4.4b4.4b4.4b4.6b4.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.3b1.5b5.2b

Depreciation and Amortization

916.0m961.0m915.0m

Inventories

(336.0m)(182.0m)196.0m

Accounts Payable

454.0m130.0m(13.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

564.0m652.0m1.2b380.0m726.0m5.3b523.0m

Depreciation and Amortization

231.0m480.0m715.0m227.0m455.0m686.0m227.0m

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
USDFY, 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
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ABB Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Countries

100100100

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
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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$2.6 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: 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

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ABB Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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

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...

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.

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…

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

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...

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…
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ABB Blogs

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?

Meeting the future’s needs today

It’s no secret –– all operational managers are intensely aware of the urgent need for smarter efficiency.

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.

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.

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.
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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, 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.