Highlights and Quick Summary
- Asset Turnover for the quarter ending June 29, 2020 was 0.57 (a -2.33% decrease compared to previous quarter)
- Year-over-year quarterly Asset Turnover decreased by -10.16%
- Annual Asset Turnover for 2019 was 0.62 (a -1.81% decrease from previous year)
- Annual Asset Turnover for 2018 was 0.63 (a 3.25% increase from previous year)
- Annual Asset Turnover for 2017 was 0.61 (a -27.41% decrease from previous year)
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Historical Asset Turnover of ABB LtdMost recent Asset Turnoverof ABB including historical data for past 10 years.
Interactive Chart of Asset Turnover of ABB Ltd
ABB Ltd Asset Turnover for the past 10 Years (both Annual and Quarterly)
Business Profile of ABB Ltd
Sector: Industrial Products
Industry: Machinery Elec
ABB Ltd manufactures and sells electrification, industrial automation, motion, and robotics and discrete automation products for customers in utilities, industry and transport, and infrastructure worldwide. The company's Electrification Products segment provides electric vehicle charging infrastructure, solar power solutions, modular substation packages, distribution automation products, switchboard and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. This segment serves building, data center, rail, wind and solar, power distribution, food and beverage, marine, e-mobility, and oil and gas industries. Its Industrial Automation segment provides process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing solutions, measurement and analytical instrumentation and solutions, electric ship propulsion systems, and turbochargers, as well as remote monitoring, preventive maintenance, and cybersecurity services. This segment serves companies in the oil and gas, minerals and mining, metals, pulp and paper, chemicals and pharmaceuticals, food and beverage, power generation, and marine industries. The company's Motion segment offers motors, generators, drives, wind converters, mechanical power transmissions, complete electrical powertrain systems and related services and digital solutions for a wide range of applications in industry, transportation, infrastructure, and utilities. This segment serves machinery manufacturers, process industries, hybrid and batch manufacturers, transportation equipment manufacturers, discrete manufacturing companies, logistics and utility industries, and customers in the automotive industry. Its Robotics & Discrete Automation segment offers robotics, controllers, software, function packages, cells, programmable logic controllers, industrial PCs, servo motion, engineered manufacturing solutions, turn-key solutions, and collaborative robot solutions, as well as digital solutions, and field and after sales services. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.