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ABM Industries ( (ABM) ) has shared an update.
On March 10, 2026, ABM reported fiscal first-quarter 2026 results for the period ended January 31, 2026, posting revenue of $2.2 billion, up 6.1% year on year with 5.5% organic growth, driven by broad-based gains led by Technical Solutions and Aviation and supported by growth in Manufacturing & Distribution, Business & Industry, and Education. Net income declined to $38.8 million, or $0.64 per diluted share, while adjusted net income and adjusted EBITDA also eased, as margins were pressured by project timing and service mix in Technical Solutions and newer contract ramps, even as operating and free cash flow improved sharply on better working capital and ERP progress.
The company closed its acquisition of WGNSTAR at the start of the second quarter, reinforcing its push into the fast-growing semiconductor market and enhancing capabilities in fabrication environments, and it continued to return capital by repurchasing about 2.1 million shares for $91.1 million during the quarter. ABM ended the quarter with $1.7 billion of total debt, a leverage ratio of 2.9 times and $608.1 million in liquidity, and on March 10, 2026, the board declared a quarterly dividend of $0.29 per share payable on May 4, 2026, while management reaffirmed its unchanged fiscal 2026 outlook, signaling confidence in demand trends and expected margin improvement as project timing normalizes and cost initiatives take hold.
The most recent analyst rating on (ABM) stock is a Buy with a $53.00 price target. To see the full list of analyst forecasts on ABM Industries stock, see the ABM Stock Forecast page.
Spark’s Take on ABM Stock
According to Spark, TipRanks’ AI Analyst, ABM is a Outperform.
The score is driven primarily by solid financial performance (growth and improving profitability, tempered by leverage and cash-conversion quality) and supportive technical momentum (price above major moving averages with positive MACD). Valuation is reasonable for the profile (P/E ~18 with a ~2.3% dividend), and the latest earnings call added confidence via strong bookings and constructive FY2026 guidance despite near-term acquisition dilution and restructuring/self-insurance headwinds.
To see Spark’s full report on ABM stock, click here.
More about ABM Industries
ABM Industries (NYSE: ABM) is one of the world’s largest providers of integrated facility, engineering and infrastructure solutions, employing more than 100,000 people to deliver cleaning, technical, and operational services that make client spaces cleaner, safer and more efficient. The company serves sectors including commercial real estate, aviation, mission critical facilities, and manufacturing and distribution, generating over $8 billion in annual revenue from a predominantly blue-chip customer base and emphasizing technology-driven, sustainable facility solutions.
Average Trading Volume: 682,421
Technical Sentiment Signal: Sell
Current Market Cap: $2.54B
Learn more about ABM stock on TipRanks’ Stock Analysis page.