ABB Ltd (ABBNY)
| Market Cap | 109.34B |
| Revenue (ttm) | 32.32B |
| Net Income (ttm) | 3.80B |
| Shares Out | n/a |
| EPS (ttm) | 2.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 0.77 (1.36%) |
| Ex-Dividend Date | Mar 25, 2024 |
| Volume | 9,864 |
| Open | 59.46 |
| Previous Close | 58.34 |
| Day's Range | 59.06 - 59.49 |
| 52-Week Range | 32.88 - 59.49 |
| Beta | 0.94 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 17, 2024 |
About ABB Ltd
ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessorie... [Read more]
Financial Performance
In 2023, ABB Ltd's revenue was $32.24 billion, an increase of 9.47% compared to the previous year's $29.45 billion. Earnings were $3.75 billion, an increase of 51.31%.
Financial StatementsNews
NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Community's Economic Vitality
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has attained tangible milestones in preparing for the construction of the Phase-2 ...
ABB: Charged For Growth, But Is It Time To Buy?
ABB Ltd excels in electrification, but faces headwinds in machine automation and e-mobility. Click here to read why ABBNY stock is a Hold.
ABB will power 15 LNG carriers for Qatar Energy
The 174,000-cbm capacity ships are due delivery between mid-2026 and August 2028
Axis Capital upgrades ABB to ‘Buy’ call, sets target price at ₹9,340
Axis Capital has upgraded its rating on ABB India from “Reduce” to “Buy,” citing a favorable entry point for investors following a recent correction in the stock. The brokerage anticipates a diversifi...
ABB, Ltd. (ABBNY) Q2 2024 Earnings Call Transcript
ABB, Ltd. (OTCPK:ABBNY) Q2 2024 Earnings Conference Call July 18, 2024 4:00 AM ET Company Participants Ann-Sofie Nordh - Head of IR Bjorn Rosengren - CEO Timo Ihamuotila - CFO Morten Wierod - Presiden...
Deutsche Bank Appointed as Successor Depositary Bank for the American Depositary Receipt Program of ABB Ltd
NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as successor depositary bank for the sponsored American Depositary Receipt Program of ABB Ltd (OTC: ABBNY). ABB Ltd is a techno...
ABB: Living Well In The Industrial Sweet Spots (Rating Upgrade)
ABB continues to see strong demand for electrification gear, and between long lead times and growing demand from data centers, grid modernization, and decarbonization, this is likely to continue. Both...
India Is Building More Roads. 7 Stocks to Buy.
Infrastructure is key to the prime minister's ambitions to make India a global manufacturing center.
ABB buys Siemens's wiring accessories business in China
ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.
ABB and Niedax Group to create joint venture to meet growing demand for cable tray systems in North America
ZÜRICH, Switzerland, May 08, 2024 (GLOBE NEWSWIRE) -- Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement ...
ABB, Ltd. (ABBNY) Q1 2024 Earnings Call Transcript
ABB, Ltd. (OTCPK:ABBNY) Q1 2024 Earnings Conference Call April 18, 2024 4:00 AM ET Company Participants Ann-Sofie Nordh - Head of IR Bjorn Rosengren - CEO Timo Ihamuotila - CFO Conference Call Partici...
ABB Lifts Profit Outlook Despite Sales Miss
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
European companies are finally buying back their stock, opening up opportunities
When I meet fund managers in the U.S., we often talk about European equity markets. Everyone agrees that European stocks are attractively valued, but in one form or another, many fund managers ask: “I...
ABB: A Strong Performing Business With Potential AI Tailwinds
ABB provided strong returns of 20% CAGR over the past 5 years, but further growth may be unsustainable. ABB is well-positioned to benefit from potential AI growth. Revenue growth is expected to be 5-7...
ABB's Atiya on Newly Expanded Factory, AI, Robotics
ABB President of Robotics and Discrete Automation Sami Atiya spoke with Bloomberg's Ed Ludlow about his company's expansion in automation to support U.S. customers amid labor shortages, global supply ...
Align Capital Partners Announces Sale of SEAM Group to ABB
CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners (“ACP”) announced today that its portfolio company SEAM Group (the “Company”) has entered into a definitive agreement to be acquired by ABB....
ABB, Ltd. (ABBNY) Q4 2023 Earnings Call Transcript
ABB, Ltd. (ABBNY) Q4 2023 Earnings Call Transcript
ABB buys tech company to give industrial robots eyes and brains
ABB has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around factories and warehouses.
ABB acquires innovative optical sensor company to expand smart water management offering
ZURICH, Switzerland, Jan. 08, 2024 (GLOBE NEWSWIRE) -- ABB today announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that ena...
ABB invests in Lumin to accelerate the development of accessible home energy management solutions
In its continual efforts to enhance customer experience, ABB is investing in Lumin, the US-based pioneer and leading provider of responsive energy management solutions, to bring new smart and sustaina...
Glenfarne Energy Transition's Texas LNG and ABB Partner on Core Electrical and Automation Equipment
NEW YORK & BROWNSVILLE, Texas--(BUSINESS WIRE)--Texas LNG, a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville, and ABB ...
ABB CEO: Desire for sustainability and divisional growth driving strong performance
Björn Rosengren, CEO at ABB, discusses the company's Capital Markets Day, his outlook for the Chinese economy, and how ABB is achieving its ambitious margin targets.
ABB to add optical sensors to four more GHGSat greenhouse gas monitoring satellites
QUEBEC CITY, Nov. 28, 2023 (GLOBE NEWSWIRE) -- ABB has secured a third contract with GHGSat, the global leader in high-resolution greenhouse gas monitoring from space, to manufacture optical sensors f...
We're still early in the cycle of carbon capture storage, says ABB division president
Brandon Spencer, president of ABB Energy Industries, discusses the energy transition and decarbonization.
CMG Announces Partnership with ABB to Deliver Powerful New Technology for Carbon Capture and Storage (CCS)
ABB to integrate CMG simulation technology into CCS digital twin platform to reduce environmental and financial risks ABB to integrate CMG simulation technology into CCS digital twin platform to reduc...