ABB Ltd (ABBNY)
| Market Cap | 72.16B |
| Revenue (ttm) | 29.45B |
| Net Income (ttm) | 2.48B |
| Shares Out | 1.96B |
| EPS (ttm) | 1.30 |
| PE Ratio | 28.35 |
| Forward PE | n/a |
| Dividend | $0.84 (2.28%) |
| Ex-Dividend Date | Mar 27, 2023 |
| Volume | 832,838 |
| Open | n/a |
| Previous Close | 36.89 |
| Day's Range | n/a |
| 52-Week Range | 35.87 - 37.60 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ABBNY
ABB Ltd manufactures and sells electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboards and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and in... [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 Opens Robert M. Thomas Innovation Center in Memphis
ATLANTA--(BUSINESS WIRE)-- #ABB--ABB Installation Products opens its $3 million Robert M. Thomas Innovation Center in Memphis, Tennessee, today to accelerate development of next generation electrifica...
ABB Opens $4 Million Northeast Distribution Center in Lehigh Valley, Pa.
ATLANTA--(BUSINESS WIRE)-- #ABB--ABB Installation Products opens its $4 million Northeast Distribution Center in Easton, Pennsylvania today to meet increased demand for electrical solutions. The new 3...
Clear Skye Customer ABB to Present at KuppingerCole's 2023 Enterprise Identity Conference
EMERYVILLE, Calif.--(BUSINESS WIRE)--Clear Skye® Inc. today announced the details of its participation at the 2023 Enterprise Identity Conference (EIC) taking place from May 9-12 in Berlin, Germany. H...
BrainBox AI Announces US$20 Million Investment from Québec Government and ABB; and Enters into Agreement to Acquire ABB Multi-Site Retail Business
MONTREAL, April 28, 2023 (GLOBE NEWSWIRE) -- BrainBox AI, a leader in autonomous building technology, today announced a US$20 million fundraise to support the continued development of BrainBox AI's cu...
ABB CEO: Saw highest first-quarter performance in company's history
Björn Rosengren, CEO of ABB, lauds the company's highest first-quarter performance in history and weighs in on potential IPOs and the outlook for the rest of the year.
ABB posts 72% rise in net profit, lifts guidance
By Christian Moess Laursen
ABB invests $170 million in the U.S.
Cary, NC, April 04, 2023 (GLOBE NEWSWIRE) -- ABB is accelerating its growth strategy in the United States by investing approximately $170 million and creating highly skilled jobs in manufacturing, inn...
ABB to add new US manufacturing facility to support grid hardening and resiliency
Investment of $40 million will create new Albuquerque facility to support the US Utility sector in strengthening the electric grid.
ABB sets new $1 billion stock repurchase program, after completing last year's $2 billion program
The U.S.-listed shares of ABB Ltd. ABB, +1.28% ABBN, -0.49% rose 1.4% in afternoon trading Thursday, after the Switzerland-based electrification and automation company announced a new $1 billion stock...
ABB to expand Robotics factory in US
Today, ABB strengthened its commitment to one of its largest customer markets – the US – with construction starting on the expansion of its existing North American robotics headquarters and manufactur...
ABB invests in US robot factory as reshoring trend hots up
ABB is expanding its main US robot factory as its customers there in the automotive, packaging and machinery industries confront a tight labour market as they bring production back home.
ABB Publishes ESEF Version of 2022 Annual Reports
ZURICH, Switzerland--(BUSINESS WIRE)--ABB Ltd files the European Single Electronic Format (ESEF) version of the 2022 annual reports with the Swedish Financial Supervisory Authority and publishes it on...
ABB Publishes Its First Integrated Report
ZURICH--(BUSINESS WIRE)--ABB today published its first integrated report, which highlights progress against the company's strategy and demonstrates how ABB creates value holistically for its stakehold...
Notice of ABB's Annual General Meeting on March 23, 2023
ZURICH--(BUSINESS WIRE)--ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 23, 2023. The invitation can be found attached and at www.abb.com...
ABB won't rush float of $2.9 billion electric vehicle charging business - CEO
ABB won't be rushed into the flotation of it 2.6 billion Swiss franc ($2.86 billion) E-Mobility electric vehicle charging business, Bjorn Rosengren said on Thursday after the company reported fourth q...
ABB sells its power conversion division for $505 million
ABB has sold its power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering and technology company said on Friday.
The worst is over for the global chip shortage, ABB chairman says: 'I'm quite optimistic'
Asked whether supply chain issues in the chip industry have been resolved, ABB's Peter Voser said that he believes the worst of the shortage has now subsided.
'I'm quite optimistic about the future,' says ABB chairman
ABB Chairman Peter Voser discusses how Covid-19 impacted his company and how struggling global supply chains seem to be back to normal.
ABB gets $1.4 bln after completing power grids sale to Hitachi
ABB has completed the sale of its remaining 19.9% stake in the power grids business it sold to Hitachi , the Swiss engineering and technology group said on Wednesday.
ABB launches Sensi+™ – revolutionary analyzer for natural gas quality monitoring
MONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) -- ABB's Sensi+ analyzer offers a reliable new solution which simplifies and reduces the cost of pipeline operation and maintenance. It enables safer, easier, ...
U.S. says Swiss engineering group ABB to pay over $315 mln to resolve bribery case
Swiss engineering and technology group ABB Ltd agreed to pay more than $315 million to resolve an investigation into a bribery case at a South African state-owned energy company, the U.S. Justice Depa...
Swiss engineering group ABB fined $4.3 mln
Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the country's Attorney General in connection with a bribery case in South Africa.