Cash flow ABB Ltd

Equities

ABBN

CH0012221716

Heavy Electrical Equipment

Real-time Estimate Cboe Europe Other stock markets 10:10:11 2024-12-04 am EST			5-day change	1st Jan Change
51.89 ^CHF	+1.23%		+5.83%	+39.09%

09:56am	ABB LTD : Barclays keeps a Sell rating	ZD
Dec. 03	Global markets live: Apple, Tesla, Blackrock, Intel, Microsoft...

43143ede52fc1ae9ee1917.df8HPy79YP8QEv-fek23WeusTgICBljyimN4v2f9Jg0.O4dECXbKGs56JZ3NPwXtaYnaP0MvfxfLzToA7SCkQ1QduT9eWrtZz0Z7iA

Published financial data: ABB LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	27.98B	26.13B	28.94B	29.45B	32.24B
Total Revenues	27.98B	26.13B	28.94B	29.45B	32.24B
Cost of Goods Sold, Total	19.02B	18.12B	19.41B	19.71B	20.96B
Gross Profit	8.96B	8.01B	9.54B	9.73B	11.28B
Selling General & Admin Expenses, Total	5.14B	5.14B	4.98B	4.98B	5.47B
R&D Expenses	1.2B	1.11B	1.22B	1.16B	1.31B
Other Operating Expenses	-	-127M	-438M	-81M	-373M
Other Operating Expenses, Total	6.33B	6.13B	5.75B	6.06B	6.42B
Operating Income	2.63B	1.88B	3.78B	3.67B	4.86B
Interest Expense, Total	-93M	-448M	-2M	3M	-11M
Interest And Investment Income	67M	51M	51M	72M	165M
Net Interest Expenses	-26M	-397M	49M	75M	154M
Income (Loss) On Equity Invest.	30M	-66M	-100M	-102M	-16M
Currency Exchange Gains (Loss)	-122M	207M	-173M	-87M	-231M
Other Non Operating Income (Expenses)	-	1M	27M	-5M	-24M
EBT, Excl. Unusual Items	2.51B	1.63B	3.59B	3.56B	4.75B
Restructuring Charges	-785M	-419M	-142M	-293M	-140M
Impairment of Goodwill	-	-311M	-	-	-
Gain (Loss) On Sale Of Investments	-	71M	105M	52M	3M
Gain (Loss) On Sale Of Assets	106M	35M	2.23B	120M	217M
Asset Writedown	-61M	-35M	-	-55M	-49M
Other Unusual Items	92M	-126M	6M	15M	-
EBT, Incl. Unusual Items	1.86B	841M	5.79B	3.39B	4.78B
Income Tax Expense	772M	496M	1.06B	757M	930M
Earnings From Continuing Operations	1.09B	345M	4.73B	2.64B	3.85B
Earnings Of Discontinued Operations	438M	4.86B	-80M	-43M	-24M
Net Income to Company	1.53B	5.2B	4.65B	2.59B	3.82B
Minority Interest	-89M	-59M	-104M	-119M	-79M
Net Income - (IS)	1.44B	5.15B	4.55B	2.48B	3.74B
Net Income to Common Incl Extra Items	1.44B	5.15B	4.55B	2.48B	3.74B
Net Income to Common Excl. Extra Items	1B	286M	4.63B	2.52B	3.77B
Per Share Items
Net EPS - Basic	0.67	2.44	2.27	1.3	2.02
Basic EPS - Continuing Operations	0.47	0.14	2.31	1.33	2.03
Basic Weighted Average Shares Outstanding	2.13B	2.11B	2B	1.9B	1.86B
Net EPS - Diluted	0.67	2.44	2.25	1.3	2.01
Diluted EPS - Continuing Operations	0.46	0.14	2.29	1.32	2.02
Diluted Weighted Average Shares Outstanding	2.14B	2.12B	2.02B	1.91B	1.87B
Normalized Basic EPS	0.69	0.45	1.07	1.11	1.56
Normalized Diluted EPS	0.69	0.45	1.06	1.1	1.55
Dividend Per Share	0.83	0.9	0.9	0.91	1.03
Payout Ratio	116.4	33.73	37.97	68.61	45.74
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	3.52B	2.74B	4.61B	4.44B	5.6B
EBITA	2.9B	2.15B	4.04B	3.9B	5.08B
EBIT	2.63B	1.88B	3.78B	3.67B	4.86B
EBITDAR	3.56B	3.14B	4.94B	4.74B	5.9B
Total Revenues (As Reported)	27.98B	26.13B	28.94B	29.45B	32.24B
Effective Tax Rate - (Ratio)	41.46	58.98	18.26	22.3	19.46
Total Current Taxes	855M	776M	1.35B	1.1B	955M
Total Deferred Taxes	-83M	-280M	-289M	-344M	-25M
Normalized Net Income	1.48B	957M	2.14B	2.1B	2.89B
Interest on Long-Term Debt	3M	5M	-	-	-
Non-Cash Pension Expense	-65M	498M	-163M	-112M	2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	1.2B	1.13B	1.22B	1.17B	1.32B
Net Rental Expense, Total	46M	403M	328M	307M	300M
Imputed Operating Lease Interest Expense	3.66M	168M	764K	-950K	2.95M
Imputed Operating Lease Depreciation	42.34M	235M	327M	308M	297M
Stock-Based Comp., Other (Total)	46M	44M	59M	42M	103M
Total Stock-Based Compensation	46M	44M	59M	42M	103M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.54B	3.28B	4.16B	4.16B	3.89B
Short Term Investments	566M	2.11B	1.17B	725M	1.93B
Trading Asset Securities, Total	-	8M	10M	5M	1M
Total Cash And Short Term Investments	4.11B	5.39B	5.34B	4.89B	5.82B
Accounts Receivable, Total	6.76B	7.04B	6.86B	7.12B	7.89B
Other Receivables	695M	760M	684M	688M	646M
Total Receivables	7.46B	7.8B	7.54B	7.81B	8.54B
Inventory	4.18B	4.47B	4.88B	6.03B	6.15B
Prepaid Expenses	191M	201M	206M	230M	235M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	323M	30M	18M	18M
Other Current Assets, Total	10.51B	1.03B	699M	596M	519M
Total Current Assets	26.46B	19.23B	18.7B	19.57B	21.28B
Gross Property Plant And Equipment	10.68B	11.51B	11.13B	10.54B	11.27B
Accumulated Depreciation	-5.72B	-6.36B	-6.19B	-5.79B	-6.24B
Net Property Plant And Equipment	4.97B	5.14B	4.94B	4.75B	5.04B
Long-term Investments	105M	1.86B	1.69B	130M	187M
Goodwill	10.82B	10.85B	10.48B	10.51B	10.56B
Other Intangibles, Total	2.25B	2.08B	1.56B	1.41B	1.22B
Accounts Receivable Long-Term	31M	-	-	-	-
Deferred Tax Assets Long-Term	910M	843M	1.18B	1.4B	1.38B
Other Long-Term Assets, Total	561M	1.09B	1.72B	1.38B	1.28B
Total Assets	46.11B	41.09B	40.26B	39.15B	40.94B
Liabilities
Accounts Payable, Total	4.35B	4.57B	4.92B	4.9B	4.85B
Accrued Expenses, Total	2.8B	2.97B	3.18B	3.21B	3.52B
Short-term Borrowings	838M	153M	78M	1.45B	87M
Current Portion of Long-Term Debt	1.43B	1.12B	1.28B	1.06B	2.51B
Current Portion of Leases	322M	297M	257M	255M	280M
Current Income Taxes Payable	355M	395M	378M	312M	668M
Unearned Revenue Current, Total	1.74B	2.03B	1.99B	2.32B	2.84B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	8.42B	3.88B	3.49B	3.02B	3.25B
Total Current Liabilities	20.27B	15.42B	15.57B	16.53B	18B
Long-Term Debt	6.62B	4.67B	4.15B	5.32B	5.29B
Long-Term Leases	871M	891M	823M	818M	827M
Unearned Revenue Non Current	7M	138M	74M	92M	-
Pension & Other Post Retirement Benefits	1.79B	1.23B	1.02B	719M	686M
Deferred Tax Liability Non Current	911M	661M	685M	729M	669M
Other Non Current Liabilities	1.66B	2.08B	1.98B	1.67B	1.32B
Total Liabilities	32.13B	25.09B	24.3B	25.88B	26.79B
Common Stock, Total	188M	188M	178M	171M	163M
Additional Paid In Capital	73M	83M	22M	141M	7M
Retained Earnings	19.64B	22.95B	22.48B	20.08B	19.72B
Treasury Stock	-785M	-3.53B	-3.01B	-3.06B	-1.41B
Comprehensive Income and Other	-5.59B	-4B	-4.09B	-4.56B	-5.07B
Total Common Equity	13.53B	15.68B	15.58B	12.78B	13.41B
Minority Interest	454M	314M	378M	495M	736M
Total Equity	13.98B	16B	15.96B	13.27B	14.15B
Total Liabilities And Equity	46.11B	41.09B	40.26B	39.15B	40.94B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.13B	2.03B	1.96B	1.87B	1.84B
ECS Total Common Shares Outstanding	2.13B	2.03B	1.96B	1.87B	1.84B
Book Value / Share	6.34	7.72	7.96	6.85	7.28
Tangible Book Value	449M	2.76B	3.54B	860M	1.63B
Tangible Book Value Per Share	0.21	1.36	1.81	0.46	0.88
Total Debt	10.08B	7.12B	6.59B	8.9B	8.99B
Net Debt	5.97B	1.73B	1.25B	4.02B	3.17B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.75B	656M	-27M	-326M	-212M
Debt Equivalent Oper. Leases	368M	3.22B	2.62B	2.46B	2.4B
Minority Interest, Total (Incl. Fin. Div)	454M	314M	378M	495M	736M
Equity Method Investments, Total	33M	1.78B	1.67B	130M	187M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	1.76B	1.78B	2.14B	2.63B	2.55B
Inventories - Work In Process, Total	819M	1.02B	995M	1.19B	1.28B
Inventories - Finished Goods, Total	1.5B	1.5B	1.59B	2.04B	2.09B
Inventories - Others	106M	165M	155M	177M	227M
Land - (BS)	3.43B	3.72B	3.76B	3.44B	3.61B
Machinery, Total	5.56B	6.06B	5.69B	5.36B	5.75B
Full Time Employees	144K	106K	104K	105K	108K
Assets under Capital Lease - Gross	204M	248M	256M	313M	303M
Assets under Capital Lease - Accumulated Depreciation	-99M	-111M	-123M	-135M	-137M
Accumulated Allowance for Doubtful Accounts (Supple)	228M	357M	339M	308M	307M
Order Backlog	13.32B	14.3B	16.61B	19.87B	21.57B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.44B	5.15B	4.55B	2.48B	3.74B
Depreciation & Amortization - CF	616M	586M	575M	532M	517M
Amortization of Goodwill and Intangible Assets - (CF)	271M	268M	252M	230M	219M
Depreciation & Amortization, Total	887M	854M	827M	762M	736M
Amortization of Deferred Charges, Total - (CF)	74M	61M	66M	52M	44M
(Gain) Loss From Sale Of Asset	-106M	-35M	-2.23B	-77M	-217M
(Gain) Loss on Sale of Investments - (CF)	-	-	-123M	-33M	-29M
Asset Writedown & Restructuring Costs	421M	344M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	100M	102M	16M
Stock-Based Compensation (CF)	46M	44M	-	-	-
Net Cash From Discontinued Operations	426M	-182M	-8M	-47M	-11M
Other Operating Activities, Total	-490M	-4.89B	-155M	-264M	133M
Change In Accounts Receivable	-74M	86M	-113M	-415M	-249M
Change In Inventories	-182M	196M	-771M	-1.6B	-3M
Change In Accounts Payable	130M	-13M	659M	395M	-106M
Change in Unearned Revenues	-	-	-	-	-
Change In Income Taxes	-3M	-76M	117M	-94M	-190M
Change in Other Net Operating Assets	-243M	159M	416M	30M	421M
Cash from Operations	2.32B	1.69B	3.33B	1.29B	4.29B
Capital Expenditure	-762M	-694M	-820M	-762M	-770M
Sale of Property, Plant, and Equipment	82M	114M	93M	127M	147M
Cash Acquisitions	-22M	-121M	-241M	-288M	-225M
Divestitures	69M	-136M	2.96B	1.54B	553M
Investment in Marketable and Equity Securities, Total	81M	-1.58B	825M	449M	-1.2B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	320M	3M
Other Investing Activities, Total	-263M	9.18B	-508M	-406M	-125M
Cash from Investing	-815M	6.76B	2.31B	981M	-1.62B
Short Term Debt Issued, Total	164M	-	-	1.37B	-
Long-Term Debt Issued, Total	2.41B	343M	1.4B	3.85B	2.59B
Total Debt Issued	2.57B	343M	1.4B	5.22B	2.59B
Short Term Debt Repaid, Total	-	-587M	-83M	-	-1.36B
Long-Term Debt Repaid, Total	-2.16B	-3.46B	-1.54B	-2.7B	-1.57B
Total Debt Repaid	-2.16B	-4.05B	-1.62B	-2.7B	-2.93B
Issuance of Common Stock	10M	412M	826M	394M	154M
Repurchase of Common Stock	-	-3.05B	-3.71B	-3.55B	-1.26B
Common Dividends Paid	-1.68B	-1.74B	-1.73B	-1.7B	-1.71B
Common & Preferred Stock Dividends Paid	-1.68B	-1.74B	-1.73B	-1.7B	-1.71B
Other Financing Activities, Total	-132M	-100M	-139M	-49M	266M
Cash from Financing	-1.38B	-8.18B	-4.97B	-2.39B	-2.9B
Foreign Exchange Rate Adjustments	-28M	79M	-81M	-189M	-43M
Net Change in Cash	99M	357M	588M	-315M	-265M
Supplemental Items
Cash Interest Paid	284M	189M	132M	90M	250M
Cash Income Tax Paid (Refund)	1B	905M	1.29B	1.19B	1.15B
Levered Free Cash Flow	-1.55B	5.89B	3.07B	878M	3.74B
Unlevered Free Cash Flow	-1.49B	6.17B	3.07B	876M	3.74B
Change In Net Working Capital	3.38B	-4.73B	-577M	1.51B	-590M
Net Debt Issued / Repaid	414M	-3.7B	-221M	2.51B	-346M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.63	2.7	5.81	5.78	7.59
Return on Total Capital	6.96	4.98	10.36	10.27	13.42
Return On Equity %	7.65	2.3	29.6	18.04	28.07
Return on Common Equity	7.29	1.96	29.59	17.76	28.79
Margin Analysis
Gross Profit Margin %	32.03	30.65	32.95	33.06	34.99
SG&A Margin	18.35	19.68	17.19	16.9	16.98
EBITDA Margin %	12.56	10.47	15.93	15.06	17.37
EBITA Margin %	10.36	8.22	13.94	13.26	15.77
EBIT Margin %	9.39	7.2	13.07	12.48	15.09
Income From Continuing Operations Margin %	3.9	1.32	16.34	8.96	11.94
Net Income Margin %	5.14	19.69	15.71	8.41	11.62
Net Avail. For Common Margin %	3.58	1.09	15.98	8.55	11.69
Normalized Net Income Margin	5.29	3.66	7.39	7.14	8.96
Levered Free Cash Flow Margin	-5.55	22.54	10.62	2.98	11.59
Unlevered Free Cash Flow Margin	-5.34	23.61	10.62	2.98	11.61
Asset Turnover
Asset Turnover	0.62	0.6	0.71	0.74	0.8
Fixed Assets Turnover	6.15	5.17	5.74	6.08	6.59
Receivables Turnover (Average Receivables)	4.12	3.79	4.16	4.21