BackABB Overview

ABB Net Income

ABB's net income is $3.5B, below the Industrials sector average of $27B.

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Quarterly Net Income

$932.00M
145.91% YoY

As of Jun 2023

Annual Net Income (TTM)

$3.49B
18.41% YoY

Trailing 12 months ending Jun 2023

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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ABB (ABB) FAQ

The latest net income for ABB is $3.5B as of June 2023. That compares with $4.3B in the prior-year period — down 18.4% year over year. That is below the Industrials sector average of $27B. Investors often review this figure alongside ABB's historical trend and sector peers before judging valuation or financial health.

Over the past year, ABB's net income moved from $4.3B to $3.5B — a 18.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in ABB's operating scale or balance-sheet position.

Against Industrials companies, ABB currently prints $3.5B for net income, while the sector average sits near $27B. That is roughly 87.2% below the sector mean. Large gaps often invite a closer look at ABB's growth, margins, and balance sheet.

A net income figure of $3.5B for ABB is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Industrials average is about $27B. Explore the charts below for those layers of context.

After noting ABB's net income ($3.5B), review year-over-year change from $4.3B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.