ABB Ltd (ABBNY)
Market Cap | 85.33B |
Revenue (ttm) | 29.45B |
Net Income (ttm) | 2.48B |
Shares Out | 1.84B |
EPS (ttm) | 1.30 |
PE Ratio | 23.02 |
Forward PE | 21.60 |
Dividend | $1.00 (2.16%) |
Ex-Dividend Date | Mar 25, 2024 |
Volume | 89,597 |
Open | 46.42 |
Previous Close | 46.63 |
Day's Range | 46.36 - 46.65 |
52-Week Range | 32.54 - 48.16 |
Beta | 1.01 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About ABBNY
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 2022, ABB Ltd's revenue was $29.45 billion, an increase of 1.73% compared to the previous year's $28.95 billion. Earnings were $2.48 billion, a decrease of -45.56%.
Financial StatementsNews
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 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...
ABB factory celebrates 50 years at the forefront of sustainable analytical technologies
QUEBEC CITY, Oct. 19, 2023 (GLOBE NEWSWIRE) -- ABB is marking the 50th anniversary of its Quebec Measurement & Analytics factory which today manufactures market-leading products for industrial analyti...
ABB CEO: Europe weakest region across business
Björn Rosengren, CEO of ABB, discusses third-quarter earnings and analyses demand across China, Europe and North America.
ZincFive and ABB Work Together to Bring Safe, Sustainable Energy Storage to the Data Center UPS Market
PORTLAND, Ore.--(BUSINESS WIRE)--ABB has added ZincFive as an approved supplier, enabling UPS systems that leverage the benefits of ZincFive Nickel-Zinc battery solutions.
UPDATE -- ABB expands one of its Installation Products plants in Canada
MONTREAL, Sept. 25, 2023 (GLOBE NEWSWIRE) -- UPDATE: In a release issued on September 21, 2023, at 1:30 PM ET by ABB Inc., the company is updating this release to include a new photo and the following...
ABB expands one of its Installation Products plants in Canada
MONTREAL, Sept. 21, 2023 (GLOBE NEWSWIRE) -- ABB is investing CA$16 million in its Installation Products Division manufacturing facility in Pointe-Claire, Canada. This enables expanded production capa...
ABB and Porsche Consulting driving the future of analyzer manufacturing
QUEBEC CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- ABB has partnered with Porsche Consulting, a leading management consultancy and a subsidiary of the sports car manufacturer, to reshape the landscape of...
ABB says $280 million investment in Sweden robotics facility is 'very exciting'
Sami Atiya, president of ABB's Robotics and Discrete Automation division discusses the firm's plans on tech, artificial intelligence and innovation.
Robotics giant ABB 'pretty pessimistic' on China: 'It will be challenging for the rest of the year'
China, a powerhouse of manufacturing often referred as "the world's factory" due to its influence on global trade, is ABB's second-biggest market.
ABB to supply process electrification to Northvolt battery recycling site
ABB on Thursday said it had signed an order to provide process electrification to power the world's largest battery recycling facility, Revolt Ett, being established by Swedish battery supplier Northv...
U.S. spending on clean energy reaches $150 billion in capital investment
CNBC's Pippa Stevens reports on the climate fight in Congress.
RS Offers a Wide Range of Essential Conveyor System Solutions From ABB
ABB's extensive range of optimized solutions helps manufacturers in virtually every market build safe, reliable, energy-efficient, and automated conveyor systems, achieve quicker pick, pack, and dispa...
Tesla, ABB, TSMC get Q2 earnings off to downbeat start
ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales and Electrolux cautioned shoppers are seeking cheaper appliances, deepening worries about globa...
BrainBox AI Announces Acquisition of ABB's EMS Retail Division
MONTREAL, July 11, 2023 (GLOBE NEWSWIRE) -- BrainBox AI has closed the acquisition of the retail energy management system integrator business of its global partner ABB, following its intent to acquire...
AcBel Completes Acquisition of the Power Conversion Division of ABB
TAIPEI , July 5, 2023 /PRNewswire/ -- AcBel Polytech Inc. ("AcBel") (TWSE: 6282) announced the successful completion of its acquisition of ABB Ltd's ("ABB") (SWX:ABBN) Power Conversion division ("Powe...
ABB buys smart home device maker, Eve Systems
ABB this week announced that it has acquired Eve Systems, a German firm best known for a broad range of smart home accessories, including smart lights, plugs, air monitors and security cameras.