ABBNYOTCSwitchgear & Switchboard ApparatusFiscal year ends December 31Also trades as ABLZF

ABB LTD

Financials through fiscal 2023, year ended Dec 31, 2023Last filing: 20-F on Feb 23, 2024

$89.63−1.42 (-1.56%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 44.6
Dividend yield: –

ABB LTD balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31	FY 2006 2006-12-31
Cash & Equivalents	3,891	4,156	4,159	3,278	3,508	3,445	4,526	3,644	4,565	5,443	6,021	6,875	4,819	5,897	7,119	6,399	4,650	4,198
Short-Term Investments	1,928	725	1,170	2,108	566	712	1,083	1,953	1,633	1,325	464	1,606	948	2,713	2,433	1,354	–	–
Cash & Short-Term Investments	5,819	4,881	5,329	5,386	4,074	4,157	5,609	5,597	6,198	6,768	6,485	8,481	5,767	8,610	9,552	7,753	4,650	4,198
Receivables	7,446	6,858	6,551	6,820	6,434	6,386	5,861	9,696	10,061	11,078	12,146	11,575	10,773	9,970	9,451	9,245	–	–
Inventory	6,149	6,028	4,880	4,469	4,184	4,284	3,737	4,347	4,757	5,376	6,004	6,182	5,737	4,878	4,550	5,306	–	–
Other Current Assets	520	601	573	760	674	616	585	688	638	644	706	584	351	801	540	776	–	–
Total Current Assets	21,277	19,570	18,695	19,226	26,458	21,865	22,135	21,052	22,760	24,986	26,425	28,002	23,787	25,348	25,229	24,237	–	–
Property, Plant & Equipment	4,142	3,911	4,045	4,174	3,972	4,133	3,804	4,743	5,276	5,652	6,254	5,947	4,922	4,356	4,072	3,562	–	–
Gross Property, Plant & Equipment	10,378	9,703	10,232	10,538	9,688	9,661	9,351	11,669	12,116	12,557	13,381	12,546	11,043	10,258	9,724	–	–	–
Accumulated Depreciation	-6,236	-5,792	-6,187	-6,364	-5,716	-5,528	-5,547	-6,926	-6,840	-6,905	-7,127	-6,599	-6,121	-5,902	-5,652	–	–	–
Equity Method Investments	187	130	1,670	1,784	33	87	72	170	178	177	197	213	156	19	49	68	–	–
Operating Lease Right-of-Use Assets	893	841	895	969	994	0	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	10,561	10,511	10,482	10,850	10,825	10,764	9,536	7,953	9,671	10,053	10,670	10,226	7,269	4,085	3,026	2,817	–	–
Intangible Assets	1,223	1,406	1,561	2,078	2,252	2,607	2,425	1,996	2,337	2,702	3,297	3,501	2,253	701	443	411	–	–
Deferred Tax Assets	1,381	1,396	1,177	843	910	1,006	162	200	90	511	370	334	318	846	1,052	1,120	–	–
Other Long-Term Assets	496	467	543	504	531	469	571	532	643	701	758	776	804	767	293	278	–	–
Total Assets	40,940	39,148	40,260	41,088	46,108	44,441	43,458	39,391	41,072	44,852	48,032	49,070	39,648	36,295	34,728	33,011	–	–
Accrued Expenses	788	872	768	650	592	546	389	413	457	545	694	652	1,822	1,644	1,600	1,569	–	–
Short-Term Debt	87	1,448	78	153	838	561	317	135	278	299	423	1,531	689	124	128	–	–	–
Current Portion of Long-Term Debt	2,520	1,087	1,306	1,140	1,449	1,470	409	868	1,176	54	30	1,006	76	919	33	–	–	–
Current Debt	2,607	2,535	1,384	1,293	2,287	2,031	726	1,003	1,454	353	453	2,537	765	1,043	161	354	–	–
Current Portion of Leases	249	220	230	270	305	0	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	668	391	378	395	355	260	313	226	240	293	357	369	153	72	12	–	–	–
Deferred Revenue (Current)	2,844	2,216	1,894	1,903	1,719	1,707	1,792	1,690	156	169	155	164	–	–	–	–	–	–
Other Current Liabilities	5,046	4,455	4,367	4,181	3,761	3,780	3,509	3,936	3,817	4,257	4,242	4,337	–	–	–	–	–	–
Total Current Liabilities	18,004	16,529	15,568	15,416	20,266	18,447	16,469	15,149	15,844	15,580	16,675	18,974	16,561	16,738	14,579	15,904	–	–
Long-Term Debt	5,221	5,143	4,177	4,828	6,772	6,587	6,682	5,800	5,985	7,312	7,570	7,534	3,231	1,139	2,172	2,009	–	–
Long-Term Leases	666	651	689	731	717	0	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	915	871	919	1,001	1,022	0	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	669	729	685	661	911	927	1,050	918	965	41	1,265	1,260	537	411	328	355	–	–
Other Long-Term Liabilities	1,548	2,105	2,116	2,025	1,669	1,689	1,849	1,604	1,650	1,586	1,707	1,566	1,496	1,718	1,997	1,902	–	–
Total Liabilities	26,794	25,876	24,303	25,089	32,128	29,907	28,109	25,305	26,368	28,037	28,856	31,624	23,312	20,837	20,255	21,241	–	–
Total Debt	7,828	7,678	5,561	6,121	9,059	8,618	7,408	6,803	7,439	7,665	8,023	10,071	3,996	2,182	2,333	2,363	–	–
Additional Paid-In Capital	7.00	141	22	83	73	56	29	24	–	–	–	–	–	–	–	–	–	–
Retained Earnings	19,724	20,082	22,477	22,946	19,640	19,839	19,594	19,925	20,476	19,939	19,186	18,066	16,988	15,389	12,828	9,927	–	–
Treasury Stock	-1,414	-3,061	-3,010	-3,530	-785	-820	-647	-1,559	-2,581	-1,206	-246	-328	-424	-441	-897	-900	–	–
Comprehensive Income & Other	-5,070	-4,556	-4,088	-4,002	-5,590	-5,311	-4,345	-5,187	-4,858	-4,241	-2,012	-2,523	-2,408	-1,517	-2,084	-2,710	–	–
Shareholders' Equity	13,410	12,777	15,579	15,685	13,526	13,952	14,819	13,395	14,481	16,269	18,678	16,906	15,777	14,885	13,790	11,158	–	–
Noncontrolling Interest	647	410	378	314	454	582	530	502	507	546	530	540	559	573	683	612	–	–
Total Equity	14,057	13,187	15,957	15,999	13,980	14,534	15,349	13,897	14,988	16,815	19,208	17,446	16,336	15,458	14,473	11,770	11,549	6,489
Total Liabilities & Equity	40,940	39,148	40,260	41,088	46,108	44,441	43,458	39,202	41,356	44,852	48,064	49,070	39,648	36,295	34,728	33,011	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2023

Profitability, FY2023

Gross margin: 34.8%
Operating margin: 15.1%
Net margin: –
Return on equity, FY2023: –

Financial strength

Current ratio: 1.18
Debt to equity: 0.58
Debt to assets: 19.1%
Cash to current liabilities: 21.6%

Valuation

P/E ratio: 44.6
Price to sales: –
Price to book: –
Dividend yield: –