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ABB Ltd
Previous close
$56.09
Day range
$55.39 - $55.84
Year range
$38.26 - $59.52
Market cap
103.76B USD
Avg Volume
194.03K
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 8.15B | 2.30% |
Operating expense | 1.72B | 9.51% |
Net income | 947.00M | 7.37% |
Net profit margin | 11.62 | 4.97% |
Earnings per share | 0.68 | 26.66% |
EBITDA | 1.60B | 14.75% |
Effective tax rate | 29.23% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.60B | -7.32% |
Total assets | 40.68B | 1.46% |
Total liabilities | 25.92B | -1.26% |
Total equity | 14.76B | — |
Shares outstanding | 1.84B | — |
Price to book | 7.34 | — |
Return on assets | 8.76% | — |
Return on capital | 15.67% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 947.00M | 7.37% |
Cash from operations | 1.34B | -0.44% |
Cash from investing | -511.00M | -247.69% |
Cash from financing | -582.00M | 22.19% |
Net change in cash | 304.00M | -67.83% |
Free cash flow | 950.62M | -37.79% |
About
ABB Ltd is a Swiss multinational electrical engineering corporation headquartered in Zurich, Switzerland. Owing to its history, it is dual-listed on the SIX Swiss Exchange in Zurich and the Nasdaq Nordic exchange in Stockholm, Sweden, in addition to OTC Markets Group's pink sheets in the United States. It was ranked 340th in the Fortune Global 500 list of 2020 and has been a global Fortune 500 company for 24 years.
ABB was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget and Switzerland's Brown, Boveri & Cie merged to create Asea Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and grew into major electrical equipment manufacturers, a business in which ABB remains active. Its traditional core activities include power generation, transmission and distribution; industrial automation, and robotics. Between 1989 and 1999, the company was also active in the rolling stock manufacturing sector. Throughout the 1990s and 2000s, ABB acquired hundreds of other companies, often in central and eastern Europe, as well as in Asia and North America.
On occasion, the company's operations have encountered controversy. Wikipedia
Founded
1988
Headquarters
Website
Employees
109,970