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

Latest Updates

Employees (est.) (Mar 2022)104,720
Job Openings3,889
Revenue (FY, 2018)$37.4 B
Share Price (May 2022)$30(+2%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at ABB

Björn Rosengren

Björn Rosengren

Chief Executive Officer
Timo Ihamuotila

Timo Ihamuotila

Chief Financial Officer
Theodor Swedjemark

Theodor Swedjemark

Chief Communications and Sustainability Officer
Carolina Granat

Carolina Granat

Chief Human Resources Officer
Sami Atiya

Sami Atiya

President, Robotics & Discrete Automation business
Tarak Mehta

Tarak Mehta

President, Motion
Show more

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
Show all (591)

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
USDFY, 2018

Revenue

37.4b

Cost of goods sold

(25.6b)

Gross profit

11.9b

R&D expense

(1.1b)
Quarterly
USDQ1, 2022

Revenue

7.0b

Cost of goods sold

(4.5b)

Gross profit

2.6b

R&D expense

(277.0m)
Annual
USDFY, 2018

Cash

3.4b

Accounts Receivable

5.8b

Prepaid Expenses

176.0m

Inventories

4.3b
Quarterly
USDQ1, 2022

Cash

5.2b

Accounts Receivable

6.9b

Prepaid Expenses

289.0m

Inventories

5.4b
Annual
USDFY, 2018

Net Income

2.3b

Depreciation and Amortization

916.0m

Inventories

(336.0m)

Accounts Payable

454.0m
Quarterly
USDQ1, 2022

Net Income

632.0m

Depreciation and Amortization

210.0m

Inventories

(542.0m)

Accounts Payable

7.0m
USDFY, 2018

Revenue/Employee

254.8k
Show all financial metrics

ABB Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 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$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
Show all operating metrics

ABB Acquisitions / Subsidiaries

Company NameDateDeal Size
In-Charge EnergyJanuary 07, 2022
ASTI Mobile RoboticsAugust 02, 2021$190 m
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
Show more

ABB Revenue Breakdown

Embed Graph

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

Show all human capital metrics

ABB Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

ABB Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ABB Online and Social Media Presence

Embed Graph

ABB News and Updates

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 …

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.

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 …

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.

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.

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.
Show more

ABB Blogs

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.

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

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.

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

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.

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.
Show more

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.