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Abb Ltd
NYSE:ABB

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Abb Ltd Logo
Abb Ltd
NYSE:ABB
Watchlist
Price: 40.29 USD 0.3%
Updated: May 8, 2024

ROE
Return on Equity

29%
Current
29%
Average
5.6%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
29%
=
Net Income
3.6B
/
Equity
12.5B

ROE Across Competitors

Country CH
Market Cap 86B CHF
ROE
29%
Country FR
Market Cap 126.4B EUR
ROE
15%
Country IE
Market Cap 130.9B USD
ROE
19%
Country CN
Market Cap 892.1B CNY
ROE
23%
Country KR
Market Cap 91.7T KRW
ROE
6%
Country US
Market Cap 61.4B USD
ROE
70%
Country US
Market Cap 39.3B USD
ROE
16%
Country US
Market Cap 35.5B USD
ROE
27%
Country BR
Market Cap 163.2B BRL
ROE
36%
Country US
Market Cap 31.2B USD
ROE
37%
Country FR
Market Cap 25.9B EUR
ROE
17%

Profitability Report

View the profitability report to see the full profitability analysis for Abb Ltd.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
29%
=
Net Income
3.6B
/
Equity
12.5B
What is the ROE of Abb Ltd?

Based on Abb Ltd's most recent financial statements, the company has ROE of 29%.