Abb Ltd (ABBNY) Return on Equity ROE from the fourth quarter 2023 to fourth quarter 2022 and annually, average high and low, overall ranking from Dec 31 2023 to Dec 31 2022 - CSIMarket
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Abb Ltd  (ABBNY)

Abb Ltd's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Abb Ltd in the fourth quarter 2023?
Abb Ltd achieved a return on average equity (ROE) of 27.52 % in its fourth quarter 2023, this is above ABBNY's average return on equity of 19.03%.
Abb Ltds equity during the 12 months ending in the fourth quarter 2023 are valued at $13 billion

ROE has advanced compared to 18.88% in the third quarter 2023, due to net income growth.

Within the Miscellaneous Manufacturing industry 4 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 0 to 488.

What is ROE?




Return On Equity (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 4.95 % 6.6 % 6.6 % 6.6 % -
Y / Y Net Income Change 47.42 % - - - -44.22 %
Net Income (TTM) in Millions 3,824 2,594 2,594 2,594 2,594
Return On Equity (TTM) 27.52 % 18.88 % 19.19 % 19.5 % 19.82 %
ABBNY's Total Ranking # 488 # 0 # 0 # 0 # 0
Equity (TTM) in Millions 13,410 14,057 14,057 14,057 12,777
Seq. Equity Change -4.6 % 0 % 0 % 10.02 % -3.11 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 5
Sector # 36
Overall # 488

Return On Equity Statistics
High Average Low
32.53 %
19.03 %
10.93 %
(Dec 31 2020)   (Dec 31 2019)





ABBNY Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 13,410 12,777 15,957 15,999 13,980
Y / Y Equity Change 4.95 % -19.93 % -0.26 % 14.44 % -3.81 %
Net Income in Millions 3,824 2,594 4,650 5,205 1,528
Y / Y Net Income Change 47.42 % -44.22 % -10.66 % 240.64 % -33.51 %
Return On Equity 28.52 % 20.3 % 29.14 % 32.53 % 10.93 %





Annual Roe Comment
In 2023 ROE improved to 28.52 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Miscellaneous Manufacturing Industry Roe Trends and Statistics
Capital Goods Sector Return On Equity Statistics
ABBNY's' Return on Equity at Yahoo Finance
ABBNY's Roe Ratio versus Miscellaneous Manufacturing Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for ABBNY's Competitors
Subscribers only: Roe for Abb Ltd's Suppliers
Subscribers only: Return On Equity for ABBNY's Customers




Companies with similar Return On Equity at Dec 31 2023, within Capital Goods Sector ROE
Array Technologies Inc   63.62 %
Brookfield Business Corporation  59.43 %
Asml Holding Nv  56.98 %
Advanced Drainage Systems Inc   54.57 %
Caterpillar Inc  54.07 %
Energizer Holdings Inc   50.71 %
Vontier Corporation  50.22 %
Dover Corp  48.83 %
Wabash National Corporation  46.99 %
Jbt Marel Corporation  46.50 %
Atkore Inc   46.14 %
Lincoln Electric Holdings Inc  44.87 %
Deere and Co  44.69 %
Lam Research Corporation  42.08 %
Installed Building Products Inc   41.23 %
Hyster yale Inc   41.05 %
Greystone Logistics Inc   40.87 %
Hovnanian Enterprises Inc  40.68 %
Nvr Inc   38.50 %
Terex Corporation  35.15 %
Ferguson Enterprises Inc   34.30 %
Hillenbrand inc   32.56 %
Axcelis Technologies Inc  31.66 %
Ies Holdings Inc   31.44 %
Trane Technologies Plc  31.35 %
Mastercraft Boat Holdings Inc   31.29 %
Cnh Industrial N v   30.31 %
Marine Products Corporation  28.84 %
Donaldson Company Inc   28.54 %
Abb Ltd  28.52 %


Date modified: 2026-09-02T15:16:04+00:00



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