ABLZFOTCSwitchgear & Switchboard ApparatusFiscal year ends December 31Also trades as ABBNY

ABB LTD

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

$89.19−2.59 (-2.82%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 44.4
Dividend yield: –

ABB LTD income statement

AnnualQuarterlyTTM

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
Revenue	32,235	29,446	28,945	26,134	27,978	27,662	25,196	24,929	35,481	39,830	41,848	39,336	37,990	31,589	31,795	34,912	29,183
Cost of Revenue	21,021	19,736	19,478	18,256	19,072	19,118	17,350	17,396	25,347	28,615	29,856	27,958	26,556	22,060	22,470	23,972	20,215
Gross Profit	11,214	9,710	9,467	7,878	8,906	8,544	7,846	7,533	10,134	11,215	11,992	11,378	11,434	9,529	9,325	10,940	8,968
Research & Development	1,317	1,166	1,219	1,127	1,198	1,147	1,013	967	1,406	1,499	1,470	1,464	1,371	1,082	1,037	1,027	–
Selling, General & Admin	5,543	5,132	5,162	4,895	5,447	5,295	4,765	4,532	5,574	6,067	6,094	5,756	5,373	4,615	4,491	4,795	4,975
Operating Income	4,871	3,337	5,718	1,593	1,938	2,226	2,230	1,929	3,049	4,178	4,387	4,058	4,667	3,818	4,126	4,552	4,023
Interest & Investment Income	165	72	51	51	67	72	73	71	77	80	69	73	90	95	121	315	273
Income from Equity Investments	-16	-102	-100	-66	8.00	6.00	–	–	–	–	–	1.00	4.00	3.00	-2.00	15	55
Other Non-Operating Income	36	-57	-34	-20	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	10	-45	-119	239	4.00	25	40	16	–	–	–	–	–	–	46	–	–
Gain (Loss) on Investments	0	43	0	0	15	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	116	84	38	37	51	57	37	37	26	17	18	26	47	39	15	49	-46
Pretax Income	4,778	3,394	5,787	841	1,862	2,119	2,102	1,761	2,840	3,896	4,066	3,838	4,550	3,740	4,120	4,518	3,913
Income Tax Expense	930	757	1,057	496	772	544	583	526	788	1,202	1,122	1,030	1,244	1,018	1,001	1,119	595
Income from Continuing Operations	3,769	2,517	4,625	294	1,043	1,514	1,441	1,172	1,930	2,570	2,824	2,700	3,159	2,551	2,884	3,142	3,083
Income from Discontinued Operations	-24	-43	-80	4,860	438	723	846	799	3.00	24	-37	4.00	9.00	10	17	-21	586
Net Income incl. Noncontrolling Interests	3,824	2,594	4,650	5,205	1,528	2,298	2,365	2,034	2,055	2,718	2,907	2,812	3,315	2,732	3,136	3,378	3,855
Minority Interest in Earnings	79	119	104	59	89	125	152	135	122	124	120	108	147	171	235	260	244
Net Income	–	–	–	–	–	–	–	–	–	–	–	–	–	2,561	2,901	3,118	3,611
Net Income to Common	3,745	2,475	4,546	5,146	1,439	2,173	2,213	1,899	1,933	2,594	2,787	2,704	3,168	2,561	2,901	–	–
EPS (Basic)(per share)	2.02	1.30	2.27	2.44	0.67	1.02	1.04	0.88	0.87	1.13	1.21	1.18	1.38	1.12	1.27	1.36	1.60
EPS (Diluted)(per share)	2.01	1.30	2.25	2.43	0.67	1.02	1.03	0.88	0.87	1.13	1.21	1.18	1.38	1.12	1.27	1.36	1.57
Shares Outstanding (Basic, Weighted)(shares)	1,855	1,899	2,001	2,111	2,133	2,132	2,138	2,151	2,226	2,288	2,297	2,293	2,288	2,287	2,284	2,287	2,258
Shares Outstanding (Diluted, Weighted)(shares)	1,867	1,910	2,019	2,119	2,135	2,139	2,148	2,154	2,230	2,295	2,305	2,295	2,291	2,291	2,288	2,296	2,308
EBITDA	5,651	4,151	6,611	2,508	2,899	3,142	3,066	2,799	4,209	5,483	5,705	5,240	5,662	4,520	4,781	5,213	4,625

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: 44.4
Price to sales: –
Price to book: –
Dividend yield: –