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ABM Industries Inc (ABM) stock

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NYSE: ABM NYSE Environmental & Facilities Services Next results ~December 16, 2026

C+ Fundamentals grade

ABM Industries Inc is a US-listed company in the environmental & facilities services industry. Its financial year ends in October.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 45% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 45% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 6 sales by directors and officers, last 12 monthsInsider trades
  • Funds185 adding, 118 cuttingOf 48 active managers that changed their stake, 21 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter ABM Industries files

Where ABM Industries stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $9.15bn, up 6.0% on a year earlier, slower than the 6.5% growth a quarter earlier. Free-cash-flow margin rose to 3.4% from 0.7% a year earlier. The diluted share count is down 4.5% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 7 financial-health checks.

Our model value for ABM Industries is under review, so past values are not shown until it is resolved.

Source: 10-Q filed September 8, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 16, 2026 (estimated)

ABM Industries Inc's trailing-twelve-month revenue grew 6.0% year on year, with a free-cash-flow margin of 3.4%. Where it stands out: change in share count of -4.5% ranks 2 of 16 environmental & facilities services companies we cover. Where it lags: gross margin of 12.0% ranks 13 of 15 environmental & facilities services companies we cover.

Our discounted-cash-flow model values the business at ~$61 per share in the base case (~$39–$91 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 438.4% while net income grew 43.6%: a 395pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 4.5% in a year, so each share owns more of the business.

Things to watch

  • Below peers: gross margin. Gross margin of 12.0% ranks 13 of 15 environmental & facilities services companies we cover (median 33.1%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed September 8, 2026
Earnings per share
$1.04 against an average estimate of $1.01: beat by 2.6%
Revenue
$2.32bn, up 4.2% on a year earlier
Share reaction
+5.7% in the first session after the results on September 8, 2026, against -1.0% for the S&P 500
Guidance given
organic revenue growth growth 3% to 4% (full year fiscal 2026); total revenue growth growth 4% to 5% (full year fiscal 2026)
Next report
December 16, 2026; average EPS estimate $1.25

ABM Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.0%
  • 1 week-0.1%
  • 1 month+10.3%
  • This year+31.1%
  • 1 year+29.0%
  • 5 years+31.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$9.1B
Operating margin
3.5%
Net margin
1.8%
EPS (TTM, diluted)
$2.76

Growth

Revenue growth
+6.0%
Change in growth rate
−0.5 pts
Share count change
−4.5%

Cash

Free cash flow (TTM)
$312M
FCF margin
3.4%
Stock pay % of revenue
0.4%

Earnings

Last results
September 8, 2026
Next results (est.)
December 16, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results
  3. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 45% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value ABM Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$120 ~$110–$130 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$36 ~$26–$52 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$38 ~$33–$47 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare ABM Industries Inc with Environmental & Facilities Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

ABM Industries Inc: market value and multiples by fiscal year
At fiscal year end 201720182019202020212022202320242025Now
Share price$34.80$26.05$31.51$30.69$39.57$40.75$36.78$50.55$41.87$54.00
Market value$2.0bn$1.7bn$2.1bn$2.1bn$2.7bn$2.8bn$2.4bn$3.2bn$2.6bn$3.3bn
+ Net debt (− = net cash)$1.1bn$900m$743m$326m$821m$1.2bn$1.2bn$1.3bn$1.5bn$1.7bn
Enterprise value$3.1bn$2.6bn$2.9bn$2.4bn$3.5bn$3.9bn$3.7bn$4.5bn$4.1bn$4.9bn
Multiples
Price / sales 0.4x0.3x0.3x0.3x0.4x0.4x0.3x0.4x0.3x0.4x
Price / earnings n/m17.7x16.5xn/m21.3x11.9x9.7x39.5x16.2x19.6x
Price / free cash flow —6.4x10.4x4.9x9.6x—12.8x19.2x16.9x10.4x
EV / EBITDA 18.3x10.5x9.0x12.4x11.9x8.6x6.9x14.1x9.8x11.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

47 /100

Moderate moat

How hard ABM Industries's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 3 / 20

    Cash operating profit has been a median 3.9% of total assets over 8 years.

  • Pricing power 8 / 20

    Gross margin has been a median 12.7%, moving by 1.4 percentage points (standard deviation) across 8 years.

  • Durability 6 / 20

    Operating margin has been a median 3.6%; its worst year was 1.4%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 7 of 8 years, at a median 3.0% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 11.0% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 16, 2026, before the open. Analysts expect revenue of $2.4bn and EPS of $1.25 (range $1.21 to $1.28) for the quarter.

Analysts' consensus

ABM Industries Inc: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $4.01 +17% $9.2bn +5%
Next $4.35 +9% $9.5bn +4%

Next year's EPS estimate has moved −0.1% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.8% on 90 days ago. In the last 30 days, 6 analysts raised ABM Industries Inc's forecast and 0 cut it.

Consensus EPS forecast ABM Industries Inc, last 90 days
$3.90 $4.00 $4.10 $4.20 $4.30 $4.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.98 Current fiscal year, 60 days ago: $3.98 Current fiscal year, 30 days ago: $4.01 Current fiscal year, 7 days ago: $4.01 Current fiscal year, Now: $4.01 $4.01 Next fiscal year, 90 days ago: $4.35 Next fiscal year, 60 days ago: $4.35 Next fiscal year, 30 days ago: $4.35 Next fiscal year, 7 days ago: $4.35 Next fiscal year, Now: $4.35 $4.35

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.98$4.35
60 days ago $3.98$4.35
30 days ago $4.01$4.35
7 days ago $4.01$4.35
Now $4.01$4.35

Earnings against estimates

ABM Industries Inc: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jul 2026 $1.01 $1.04 +2.6%
Apr 2026 $0.88 $0.90 +2.4%
Jan 2026 $0.87 $0.83 −4.8%
Oct 2025 $1.09 $0.88 −19.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 8, 2026
  • Organic revenue growth full year fiscal 2026 3% growth to 4% growth Maintained
    “The Company's full year organic revenue growth outlook remains unchanged, with performance expected near the top end of the 3% to 4% range, and total revenue growth continues to be expected toward the top end of the 4% to 5% range.” source
  • Total revenue growth full year fiscal 2026 4% growth to 5% growth Maintained
    “The Company's full year organic revenue growth outlook remains unchanged, with performance expected near the top end of the 3% to 4% range, and total revenue growth continues to be expected toward the top end of the 4% to 5% range.” source
  • Adjusted EPS full year fiscal 2026 $3.95 to $4.10 Non-GAAP Raised
    “The range is now $3.95 to $4.10, versus the previous range of $3.85 to $4.15, reflecting its third quarter performance and confidence in the Company's ability to deliver a strong fourth quarter.” source
  • Segment operating margin full year fiscal 2026 7.7% to 7.8% Lowered
    “Segment operating margin, defined as total segment operating profit divided by total revenue, is now projected to be in the range of 7.7% to 7.8%, versus the previous range of 7.8% to 8.0%.” source
  • Interest expense full year fiscal 2026 about $110m Maintained
    “Full-year interest expense remains forecast at approximately $110 million, and the normalized tax rate is still expected to be between 29% and 30%, excluding discrete and non-taxable items.” source
  • Normalized tax rate full year fiscal 2026 29% to 30% Maintained
    “Full-year interest expense remains forecast at approximately $110 million, and the normalized tax rate is still expected to be between 29% and 30%, excluding discrete and non-taxable items.” source
Show 2 more items
  • Net cash provided from operations full year fiscal 2026 about $300m Raised
    “The Company is raising its full-year outlook for net cash provided from operations and free cash flow and now expects approximately $300 million and $210 million, respectively, with free cash flow up approximately $25 million from the prior outlook, driven by the strong year-to-date performance.” source
  • Free cash flow full year fiscal 2026 about $210m Raised
    “The Company is raising its full-year outlook for net cash provided from operations and free cash flow and now expects approximately $300 million and $210 million, respectively, with free cash flow up approximately $25 million from the prior outlook, driven by the strong year-to-date performance.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

8 analysts, Nov 2026
Buy338%
Hold563%
Sell00%

Monthly trend

  1. Nov 20261258
  2. Oct 20261258
  3. Sep 20261258

Counts of recommendations published by analysts covering ABM Industries Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.7%
of tradable shares
Days to cover
4.17
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.6%
of shares
Employees
113,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +29.0%

$41.87 on October 31, 2025 to $54.00

ABM Industries Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $8.6bn $9.1bn +6.0%
Net margin 1.3% 1.8% +35.4%
P/E multiple 22.8x 19.6x −14.2%
Share count 63m 60m +4.7%

Biggest factor: net margin.

Last 3 years +41.4%

$38.20 on November 3, 2023 to $54.00

ABM Industries Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $8.0bn $9.1bn +14.1%
Net margin 3.0% 1.8% −38.6%
P/E multiple 10.7x 19.6x +81.9%
Share count 67m 60m +10.8%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

ABM Industries Inc: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
ABM+10%+11%+3%+16%−16%+31%
Industry peers (median)+34%−7%+21%+15%−5%+0%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ABM50%75%50%67%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ABM−27%−29%−20%−14%−25%−21%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 52% from July 27, 2017 to March 23, 2020. Getting back needed a 108% gain, reached on January 13, 2021, 296 days after the low.

Price behaviour

52-week range
$36.65 – $54.04
From 52-week high
−0.1%
vs 50-day average
+8.7%
vs 200-day average
+21.6%
Volatility (1 year)
28%
Beta vs S&P 500
0.12

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±5.8%
After a week
5 up, 7 down
typical move ±7.3%
After a month
4 up, 8 down
typical move ±5.8%
ABM Industries Inc: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
September 8, 2026 +5.7% −1.0% +6.1% +4.2%
June 5, 2026 +6.4% −2.4% +15.2% +12.1%
March 10, 2026 −5.6% −0.3% −11.8% −8.2%
December 17, 2025 −5.0% −0.4% −7.8% 0.0%
September 5, 2025 −2.6% 0.0% −4.8% −3.3%
June 6, 2025 −5.9% +1.1% −12.3% −4.1%
March 12, 2025 −5.6% −0.8% −5.2% −10.5%
December 18, 2024 −6.9% −3.0% −6.5% −3.0%
September 6, 2024 −11.0% −0.6% −8.0% −6.4%
June 6, 2024 +6.7% −0.1% +5.7% +3.0%
March 7, 2024 +2.8% +0.4% +2.2% +8.9%
December 13, 2023 +5.9% +1.7% +2.3% −6.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

ABM Industries Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) ABM Industries Inc
$8B $8.5B $9B $9.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $8.1B Revenue (TTM), FY24 Q1: $8.2B Revenue (TTM), FY24 Q2: $8.2B Revenue (TTM), FY24 Q3: $8.3B Revenue (TTM), FY24 Q4: $8.4B Revenue (TTM), FY25 Q1: $8.4B Revenue (TTM), FY25 Q2: $8.5B Revenue (TTM), FY25 Q3: $8.6B Revenue (TTM), FY25 Q4: $8.7B Revenue (TTM), FY26 Q1: $8.9B Revenue (TTM), FY26 Q2: $9.1B Revenue (TTM), FY26 Q3: $9.1B $9.1B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $8.1B
FY24 Q1 $8.2B
FY24 Q2 $8.2B
FY24 Q3 $8.3B
FY24 Q4 $8.4B
FY25 Q1 $8.4B
FY25 Q2 $8.5B
FY25 Q3 $8.6B
FY25 Q4 $8.7B
FY26 Q1 $8.9B
FY26 Q2 $9.1B
FY26 Q3 $9.1B
Revenue growth, TTM YoY ABM Industries Inc
2% 3% 4% 5% 6% 7% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 3.7% Revenue growth, TTM YoY, FY24 Q1: 4.0% Revenue growth, TTM YoY, FY24 Q2: 3.3% Revenue growth, TTM YoY, FY24 Q3: 3.2% Revenue growth, TTM YoY, FY24 Q4: 3.2% Revenue growth, TTM YoY, FY25 Q1: 2.8% Revenue growth, TTM YoY, FY25 Q2: 3.5% Revenue growth, TTM YoY, FY25 Q3: 4.3% Revenue growth, TTM YoY, FY25 Q4: 4.6% Revenue growth, TTM YoY, FY26 Q1: 5.6% Revenue growth, TTM YoY, FY26 Q2: 6.5% Revenue growth, TTM YoY, FY26 Q3: 6.0% 6.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 3.7%
FY24 Q1 4.0%
FY24 Q2 3.3%
FY24 Q3 3.2%
FY24 Q4 3.2%
FY25 Q1 2.8%
FY25 Q2 3.5%
FY25 Q3 4.3%
FY25 Q4 4.6%
FY26 Q1 5.6%
FY26 Q2 6.5%
FY26 Q3 6.0%
Operating margin (TTM) ABM Industries Inc
2% 3% 4% 5% 6% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 5.1% Operating margin (TTM), FY24 Q1: 5.0% Operating margin (TTM), FY24 Q2: 4.9% Operating margin (TTM), FY24 Q3: 3.6% Operating margin (TTM), FY24 Q4: 2.5% Operating margin (TTM), FY25 Q1: 2.6% Operating margin (TTM), FY25 Q2: 2.5% Operating margin (TTM), FY25 Q3: 3.0% Operating margin (TTM), FY25 Q4: 3.6% Operating margin (TTM), FY26 Q1: 3.5% Operating margin (TTM), FY26 Q2: 3.5% Operating margin (TTM), FY26 Q3: 3.5% 3.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 5.1%
FY24 Q1 5.0%
FY24 Q2 4.9%
FY24 Q3 3.6%
FY24 Q4 2.5%
FY25 Q1 2.6%
FY25 Q2 2.5%
FY25 Q3 3.0%
FY25 Q4 3.6%
FY26 Q1 3.5%
FY26 Q2 3.5%
FY26 Q3 3.5%
FCF margin (TTM) ABM Industries Inc
-2% 0% 2% 4% 6% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 2.4% FCF margin (TTM), FY24 Q1: 3.2% FCF margin (TTM), FY24 Q2: 4.2% FCF margin (TTM), FY24 Q3: 3.3% FCF margin (TTM), FY24 Q4: 2.0% FCF margin (TTM), FY25 Q1: 0.7% FCF margin (TTM), FY25 Q2: -0.3% FCF margin (TTM), FY25 Q3: 0.7% FCF margin (TTM), FY25 Q4: 1.8% FCF margin (TTM), FY26 Q1: 3.7% FCF margin (TTM), FY26 Q2: 3.7% FCF margin (TTM), FY26 Q3: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 2.4%
FY24 Q1 3.2%
FY24 Q2 4.2%
FY24 Q3 3.3%
FY24 Q4 2.0%
FY25 Q1 0.7%
FY25 Q2 -0.3%
FY25 Q3 0.7%
FY25 Q4 1.8%
FY26 Q1 3.7%
FY26 Q2 3.7%
FY26 Q3 3.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar ABM Industries took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $8.7B
  2. Cost of revenue $7.7B · 87.7%
  3. Gross profit $1.1B · 12.3%
  4. Selling, general and admin $697M · 8.0%
  5. Other operating costs $66M · 0.8%
  6. Operating income $312M · 3.6%
  7. Income tax $57.6M · 0.7%
  8. Interest and other $91.7M · 1.0%
  9. Net income $162M · 1.9%
Where ABM Industries's revenue went, FY2025
Revenue $8.7B
Cost of revenue $7.7B 87.7% of revenue
Gross profit $1.1B 12.3% of revenue
Selling, general and admin $697M 8.0% of revenue
Other operating costs $66M 0.8% of revenue
Operating income $312M 3.6% of revenue
Income tax $57.6M 0.7% of revenue
Interest and other $91.7M 1.0% of revenue
Net income $162M 1.9% of revenue

Shares of revenue. Source: ABM Industries's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ABM Industries Inc: annual financial statements
Fiscal year 2017 Oct 2017 2018 Oct 2018 2019 Oct 2019 2020 Oct 2020 2021 Oct 2021 2022 Oct 2022 2023 Oct 2023 2024 Oct 2024 2025 Oct 2025 LTM Jul 2026
Income
Revenue 5,454 6,442 6,499 5,988 6,229 7,807 8,096 8,359 8,746 9,146
Gross profit 572 695 731 831 970 1,049 1,059 1,034 1,075 1,093
EBITDA 172 251 316 192 296 461 530 319 417 435
Operating income 102 139 208 96 206 349 410 212 312 322
Net income 4 98 127 0 126 230 251 81 162 166
Diluted EPS $0.07 $1.47 $1.90 $0.00 $1.86 $3.41 $3.79 $1.28 $2.59 $2.76
Growth (year on year)
Revenue — +18.1% +0.9% −7.9% +4.0% +25.3% +3.7% +3.2% +4.6% +6.0%
EBITDA — +46.0% +25.7% −39.2% +54.2% +55.7% +15.0% −39.9% +31.0% +18.0%
Operating income — — +50.3% −54.1% — +69.1% +17.4% −48.2% +47.0% +22.5%
Net income — — — — — +82.4% +9.1% −67.6% — —
Diluted EPS — — — — — +83.3% +11.1% −66.2% — —
Margins
Gross margin 10.5% 10.8% 11.3% 13.9% 15.6% 13.4% 13.1% 12.4% 12.3% 12.0%
EBITDA margin 3.2% 3.9% 4.9% 3.2% 4.8% 5.9% 6.5% 3.8% 4.8% 4.8%
Operating margin 1.9% 2.2% 3.2% 1.6% 3.3% 4.5% 5.1% 2.5% 3.6% 3.5%
Net margin 0.1% 1.5% 2.0% 0.0% 2.0% 3.0% 3.1% 1.0% 1.9% 1.8%
Free-cash-flow margin −0.9% 4.2% 3.1% 7.0% 4.5% −0.4% 2.4% 2.0% 1.8% 3.4%
Cash flow
Cash from operations 6 321 263 458 314 20 243 227 234 408
Capital spending 57 51 60 38 34 51 53 59 79 96
Free cash flow −52 270 203 420 280 −30 191 167 155 312
Stock-based pay 13 17 18 20 34 31 31 30 38 36
Free cash flow after stock pay −65 253 186 399 247 −61 160 137 117 276
Balance sheet
Cash 63 39 59 394 63 73 70 65 104 111
Total debt 1,178 939 801 720 884 1,268 1,311 1,334 1,567 1,774
Net debt (negative = net cash) 1,115 900 743 326 821 1,195 1,242 1,269 1,462 1,664
Diluted shares 58m 66m 67m 67m 68m 68m 66m 64m 63m 60m
Returned to shareholders
Dividends 40 46 48 49 51 52 58 57 66 67
Buybacks 8 0 0 5 0 98 138 56 122 168
Total returned 47 46 48 54 51 149 196 113 188 236

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · July 31, 2026
What it owns · $5.6bn
Short-term assets $2.0bnLonger-term assets $3.6bn
What it owes, and who funded it · $5.6bn
Short-term liabilities $1.4bnLonger-term liabilities $2.4bnShareholders' equity $1.8bn
  • Short-term assets cover short-term liabilities $2.0bn of assets due within a year against $1.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.0bn short-term assets against $2.4bn of longer-dated liabilities.
  • More cash than debt $110m of cash against $1.8bn of debt.
  • Debt below 40% of shareholders' equity Debt is 99% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 59% to 99% over five years.
  • A year's operating cash flow covers at least 20% of debt $408m of operating cash flow against $1.8bn of debt.
  • Operating profit covers interest at least five times over Operating income of $322m against $106m of interest.

From ABM Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$168M
Dividends (TTM)
$67.4M
Returned to shareholders
76%
of free cash flow
Buybacks, last 3 fiscal years
$316M
Diluted share count
−4.5%
year over year
Total shareholder yield
7.5%
dividends 2.1% + buybacks 5.3% of market value
Dividend payout ratio
41%
of net income paid out
Sales & admin spending
7.5%
of revenue

Competitors: side by side with peers

Closest by revenue in environmental & facilities services
Growth, margins and cash generation against peers
Last 12 months unless stated ABM WCN CLH VLTO RSG ROL Median
Revenue, last 12 months $9.1bn $9.9bn $6.6bn $5.8bn $19.7bn $4.0bn $2.0bn
Revenue growth, last 12 months 6.0% 6.3% 10.1% 6.4% 4.1% 8.3% 6.0%
Revenue growth, 3-year average 4.5% 8.2% 7.1% 5.2% 5.2% 10.2% 4.8%
Revenue growth, latest quarter 4.2% 7.3% 20.7% 7.5% 7.8% 6.2% 7.4%
Gross margin 12.0% 42.6% 33.1% 60.2% 49.3% 52.1% 33.4%
Operating margin 3.5% 17.7% 13.2% 21.8% 17.5% 18.3% 3.5%
Operating margin, 3-year average 3.4% 15.5% 11.9% 22.7% 17.3% 19.1% 4.4%
Net margin 1.8% 11.4% 8.0% 17.3% 11.3% 13.2% 0.7%
Cash from operations / revenue 4.5% 25.4% 15.5% 19.9% 22.8% 17.5% 5.4%
Free-cash-flow margin 3.4% 12.6% 7.6% 18.8% 13.0% 16.8% 3.4%
Free-cash-flow margin, 3-year average 2.5% 13.3% 6.5% 17.5% 12.3% 17.1% 3.6%
Stock pay / revenue 0.4% 0.8% 0.7% 1.3% 0.2% 1.0% 0.7%
Change in share count −4.5% −1.6% −1.6% −1.0% −1.5% −0.7% −0.3%

Median of all 17 companies we cover in environmental & facilities services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 environmental & facilities services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 6.0% 6.0% 9 of 17
Change in growth rate Growth -0.5pp +0.6pp 11 of 17
Gross margin Profitability 12.0% 33.1% 13 of 15
Operating margin Profitability 3.5% 3.5% 9 of 16
Net margin Profitability 1.8% 0.7% 7 of 17
Free-cash-flow margin Cash generation 3.4% 3.4% 9 of 17
Stock pay as % of revenue Cash generation 0.4% 0.7% 4 of 17
Long-term debt as % of assets Balance sheet 30.9% 32.5% 6 of 15
Change in share count Balance sheet -4.5% -0.3% 2 of 16

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to October 31, 2025
Segments
Line of business Revenue Share YoY
Business and Industry $4.1B 47.2% ▲ 1.6%
Manufacturing and Distribution $1.6B 18.5% ▲ 4.1%
Aviation $1.1B 12.8% ▲ 8.3%
Technical Solutions $961M 11.0% ▲ 18.7%
Education $922M 10.5% ▲ 2.0%
Products and services
Line of business Revenue YoY
Facility Service Line $6.6B ▲ 2.7%
Facility Service Line Janitorial $5.2B ▲ 2.3%
Engineering and Infrastructure Service Line $2.2B ▲ 10.9%
Engineering and Infrastructure Service Line Operations and Maintenance $1.2B ▲ 4.9%
Engineering and Infrastructure Service Line Building and Energy Solutions $967M ▲ 19.5%
Facility Service Line Parking and Transportation $819M ▲ 1.7%
Facility Service Line Aviation Services $503M ▲ 8.8%
Management Reimbursement Revenue $342M ▲ 7.5%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $8B 91.8% ▲ 3.4%
Outside the US $721M 8.2% ▲ 20.4%

From ABM Industries Inc's 10-K filed December 19, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$2.6B
Institutions reporting
303
Shares held vs prior quarter
▲ 4.4%
Positions opened / closed
53 / 39

Top buyers and sellers, Q2 2026: 185 institutions bought and 118 sold ; the biggest buyer was Deprince Race & Zollo Inc (+532K shares) and the biggest seller Nomura Asset Management International Inc (−484K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $411M 9.3M 15.7% ▲ 4.6%
Dimensional Fund Advisors LP $181M 4.1M 6.9% ▲ 0.4%
Vanguard Portfolio Management LLC $181M 4.1M 6.9% ▲ 0.3%
State Street Corp $139M 3.1M 5.3% ▲ 3.6%
Harris Associates L P $129M 2.9M 4.9% ▲ 1.0%
Vanguard Capital Management LLC $116M 2.6M 4.4% ▲ 0.5%
LSV Asset Management $86.1M 1.9M 3.3% ▲ 18.9%
Invesco Ltd. $83.8M 1.9M 3.2% ▲ 10.2%
Pzena Investment Management LLC $80M 1.8M 3.1% ▲ 18.7%
Ameriprise Financial Inc $76M 1.7M 2.9% ▲ 7.4%
Geode Capital Management, LLC $67M 1.5M 2.6% ▲ 3.9%
Nordea Investment Management AB $65.2M 1.5M 2.5% ▼ 12.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not ABM Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Valentin Raul Javier EVP and CHRO July 16, 2026 Sell pre-set plan 1,639 $48.00 $78,672
Chin Dean A SVP - Chief Accounting Officer July 13, 2026 Sell 3,958 $45.31 $179,337
Salmirs Scott B President and CEO June 12, 2026 Sell pre-set plan 10,424 $46.69 $486,697
Salmirs Scott B President and CEO June 12, 2026 Sell pre-set plan 39,576 $46.25 $1.8M
Jacobsen Rene EVP & Chief Operating Officer February 9, 2026 Sell pre-set plan 9,339 $47.23 $441,081
Jacobsen Rene EVP & Chief Operating Officer January 13, 2026 Sell pre-set plan 31,034 $44.12 $1.4M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in ABM Industries Inc disclosed in the last 12 months; 6 earlier trades on record.

  • Donna Shalala(FL):Sale (full), $1,001 - $15,000, traded April 30, 2019, filed April 27, 2020
  • Donna Shalala(FL):Sale (partial), $1,001 - $15,000, traded April 16, 2019, filed April 27, 2020
  • Donna Shalala(FL):Purchase, $1,001 - $15,000, traded January 9, 2019, filed April 27, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around December 16, 2026 estimated from the company's past filing pattern, not announced

  • September 8, 2026
  • June 5, 2026
  • March 10, 2026
  • December 17, 2025
  • September 5, 2025
  • June 6, 2025

Recent SEC filings

Data status

When each part of this page on ABM Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

ABM Industries Inc in brief

What does ABM Industries Inc do?
ABM Industries Inc is a US-listed company in the environmental & facilities services industry. Its financial year ends in October.
What is ABM Industries Inc's stock ticker?
ABM Industries Inc trades under the ticker ABM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is ABM Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, ABM Industries Inc reported revenue of $9.1B, 6.0% higher than a year earlier, according to its SEC filings.
What is ABM Industries Inc's free cash flow?
ABM Industries Inc's free-cash-flow margin is 3.4% of revenue over the trailing twelve months, ranking 9 of the 17 environmental & facilities services companies we cover.
Who are ABM Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is ABM Industries Inc buying back stock, and does it pay a dividend?
ABM Industries Inc spent $168M on share repurchases over the trailing twelve months, and its diluted share count fell 4.5% over the year.
What is ABM Industries Inc's market cap?
On November 2, 2026, ABM Industries Inc's market capitalisation was about $3.3B, with a price-to-earnings ratio of 19.6 and net debt of $1.7B. Market figures come from third-party market data and may be delayed.
Does ABM Industries Inc pay a dividend?
Yes: ABM Industries Inc paid $67.4M in dividends over the trailing twelve months, a dividend yield of 2.13% and a payout ratio of 40.5%.
How much debt does ABM Industries Inc have?
ABM Industries Inc's debt-to-equity ratio is 99.1%, from its latest balance sheet (58.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are ABM Industries Inc's competitors?
In our Environmental & Facilities Services peer group, the companies closest to ABM Industries Inc are Waste Connections, Inc., Clean Harbors Inc, Veralto, Republic Services and Rollins, Inc. The side-by-side comparison below sets their revenue, margins and growth against ABM Industries Inc's.
Are insiders buying or selling ABM Industries Inc stock?
Over the last 12 months, ABM Industries Inc's directors and officers reported 0 open-market purchases and 6 sales on Form 4. The insider trading page charts every trade.
When is ABM Industries Inc's next earnings date?
Around December 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — ABM Industries Inc announces its own schedule.