ABB Profit Margin 2010-2023 | ABBNY
Current and historical gross margin, operating margin and net profit margin for ABB (ABBNY) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. ABB net profit margin as of December 31, 2023 is 11.21%.
| ABB Annual Profit Margins |
| ABB Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Electrical Machinery |
$91.089B |
$32.235B |
|
ABB is a leading technology company. Its products and services can be used in automated manufacturing, providing digital solutions, electrification of industry and transport and enhancing productivity. It reports business under 4 segments - Electrification, Robotics & Discrete Automation, Process Automation and Motion. Electrification segment is responsible for the manufacture and sale of products and services, including low and medium voltage switchgear, control products, DIN rail components, wiring accessories and installation material for a plethora of applications. Robotics & Discrete Automation: This segment includes the machine and factory automation solutions from the business of B&R and a wide-ranging robotics solutions and applications suite. Process Automation: This provides control and plant optimization systems and automation products and solutions for optimizing the productivity of industrial processes. Motion:?The segment specializes in supplying motors, drives and generator products.
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