ABB Ltd ABBNY
Annual
Quarterly
FY2023 · ended Dec 31, 2023 · Revenue $32.23B, +9.5% YoY · Filed Feb 23, 2024
ABB Ltd (ABBNY) files with the SEC under industry code 3613, Switchgear & Switchboard Apparatus. In fiscal 2023, which ended Dec 31, 2023, it reported revenue of $32.2 billion and net income of $3.8 billion. Free cash flow was $3.5 billion. As of Dec 31, 2023 it held $5.8 billion in cash and investments and $8.7 billion in total debt.
Revenue
$32.23B
+9.5% vs prior year
Net income
$3.82B
+47.4% vs prior year
Operating cash flow
$4.29B
+233.3% vs prior year
Free cash flow
$3.52B
+570.5% vs prior year
EPS
$2.01
+54.6% vs prior year
Dividend per share
None
Shares outstanding
1.84B
-1.3% vs prior year
Net cash
$-2.90B
FY 2023
Operating margin
15.1%
FY 2023
Company profile
- Industry
- Switchgear & Switchboard Apparatus (SIC 3613)
- Listed as
- ABBNY (OTC), ABLZF (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Zurich Switzerland, Switzerland
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1091587
Other Switchgear & Switchboard Apparatus companies
- Littelfuse Inc /DE LFUS
- Powell Industries Inc POWL
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
FY 2019 Dec 31, 2019 |
|---|---|---|---|---|---|
| Revenue | $32.2B | $29.4B | $28.9B | $26.1B | $28.0B |
| Operating income | $4.9B | $3.3B | $5.7B | $1.6B | $1.9B |
| Net income | $3.8B | $2.6B | $4.7B | $5.2B | $1.5B |
| Diluted EPS | $2.01 | $1.30 | $2.25 | $2.43 | $0.67 |
| Operating cash flow | $4.3B | $1.3B | $3.3B | $1.7B | $2.3B |
| Free cash flow | $3.5B | $525.0M | $2.5B | $999.0M | $1.6B |
| Total assets | $40.9B | $39.1B | $40.3B | $41.1B | $46.1B |
| Total liabilities | $26.8B | $25.9B | $24.3B | $25.1B | $32.1B |
| Stockholders' equity | $13.4B | $12.8B | $15.6B | $15.7B | $13.5B |
| Cash and investments | $5.8B | $4.9B | $5.3B | $5.4B | $4.1B |
| Total debt | $8.7B | $8.8B | $6.6B | $7.3B | $10.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | May 23, 2024 | May 23, 2024 |
| 6-K | Current report (foreign issuer) | Apr 18, 2024 | Apr 18, 2024 |
| 6-K | Current report (foreign issuer) | Mar 28, 2024 | Mar 28, 2024 |
| 6-K | Current report (foreign issuer) | Mar 22, 2024 | Mar 22, 2024 |
| 6-K | Current report (foreign issuer) | Feb 23, 2024 | Feb 23, 2024 |
| 20-F | Annual report (foreign issuer) | Feb 23, 2024 | Dec 31, 2023 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.