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What is year over year for ABB?
ABB revenue for the twelve months ending December 31, 2023 was $32.235B, a 9.47% increase year-over-year. ABB annual revenue for 2023 was $32.235B, a 9.47% increase from 2022. ABB annual revenue for 2022 was $29.446B, a 1.73% increase from 2021. ABB annual revenue for 2021 was $28.945B, a 10.76% increase from 2020.- Asea Brown Boveri (ABB), established a subsidiary of the Swedish-Swiss ABB Asea Brown Boveri. The ABB group, comprising about 1000 companies, has operations in 140 countries and is involved in power generation, transmission and distribution (T&D), industrial equipments and systems, and factory automation.ABB Ltd has a market cap or net worth of $96.62 billion as of May 17, 2024. Its market cap has increased by 71.26% in one year.

What does ABB sell : Both companies were established in the late 1800s and grew into major electrical equipment manufacturers, a business in which ABB remains active. Its traditional core activities include power generation, transmission and distribution; industrial automation, and robotics.

Is ABB a big company

ABB is a leading global engineering company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels.

Who competes with ABB : Below we look at the top 10 competitors of ABB.

  • Siemens:
  • GE:
  • Hitachi:
  • IBM:
  • Bosch:
  • Samsung:
  • Schneider Electric:
  • Larsen & Toubro:

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In early March 2022, just a week after the Russian invasion of Ukraine, ABB became the first major Swiss multinational to announce it was suspending business with Russia. A few months later, it announced a complete exit from the country.

Who owns ABB now

The ownership structure of ABB Ltd (ABBNY) stock is a mix of institutional, retail and individual investors. Approximately 0.90% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 99.10% is owned by Public Companies and Individual Investors.Building on more than 140 years of excellence, ABB's 105,000 employees are committed to driving innovations that accelerate industrial transformation.ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company's solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated.

ABB has an employee rating of 4.0 out of 5 stars, based on 7,011 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ABB employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.4 stars).

Is Siemens better than ABB : Siemens scored higher in 7 areas: Overall rating, Culture and values, Diversity and inclusion, Work-life balance, Senior management, Compensation & Benefits and Career opportunities. Both tied in 3 areas: CEO approval, Recommend to a friend and Positive Business Outlook.

What is the old name of ABB : ABB Asea Brown Boveri, was the result of a merger between Asea AB of Sweden and BBC Brown Boveri Ltd. of Baden, Switzerland in 1988. The merged entity became the world's leading supplier in the $50 billion electric power industry.

Who owns ABB stock

Top Shareholders

Holder # of Shares Value
Pioneer Fund /ma/ 1,751,419 91,543,168
Buffalo Funds 315,629 16,497,297
Touchstone Strategic Trust 287,369 15,020,203
Steward Funds Inc 251,103 13,124,652


ABB announced today it has signed an agreement to acquire Siemens' Wiring Accessories business in China. The acquisition will broaden ABB's market reach and complement its regional customer offering within smart buildings.ABB has completed the previously announced divestment to Hitachi, Ltd. (Hitachi) of its remaining 19.9 percent equity stake in the Hitachi Energy joint venture that was formed from ABB's Power Grids business in 2020, with Hitachi holding a stake of 80.1 percent.

Is ABB still in Russia : ABB is a Swedish-Swiss multinational company specializing in electrical engineering and power engineering. ABB has decided to exit the Russian market due to the ongoing war in Ukraine and impact of related international sanctions. When the war broke out, ABB stopped taking new orders in Russia.