BackABB Overview

ABB Gross Profit

ABB's gross profit is $11B, below the Industrials sector average of $110B.

Get informed when a big investor buys or sells

+ Follow

Quarterly Gross Profit

$2.89B
26.11% YoY

As of Jun 30, 2023

Annual Gross Profit (TTM)

$10.74B
15.99% YoY

Trailing 12 months ending Jun 30, 2023

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

ABB (ABB) FAQ

ABB (ABB) currently reports a gross profit of $11B as of June 2023. That compares with $9.3B in the prior-year period — up 16.0% year over year. That is below the Industrials sector average of $110B. Use the charts on this page to explore ABB's gross profit history and peer comparisons.

ABB's gross profit increased from $9.3B to $11B — a 16.0% year-over-year increase (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

ABB's gross profit of $11B is lower than the Industrials sector average of $110B. That is roughly 90.6% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

ABB reported $11B in gross profit as of June 2023. That compares with $9.3B in the prior-year period — up 16.0% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $11B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is $110B. From there, open related valuation or income-statement pages for ABB, and consider following ABB for alerts when major investors trade the stock.