Abm Industries Incorporated ( (ABM) ) has released its Q2 earnings. Here is a breakdown of the information Abm Industries Incorporated presented to its investors.
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ABM Industries Incorporated is a prominent provider of integrated facility, engineering, and infrastructure solutions, serving diverse market sectors such as commercial real estate, aviation, and manufacturing. The company is recognized for its innovative technologies and sustainable solutions that enhance facilities and empower clients to achieve their goals.
In its fiscal second quarter of 2025, ABM Industries reported a revenue increase of 4.6% to $2.1 billion, with organic growth contributing 3.8%. The company highlighted a return to organic revenue growth in its Business & Industry and Manufacturing & Distribution segments, driven by improving conditions in commercial office markets and new business wins. Despite some project delays in Technical Solutions, ABM secured $1.1 billion in new bookings, marking an 11% increase year over year.
Key financial metrics for the quarter included a net income of $42.2 million, or $0.67 per diluted share, slightly down from the previous year. However, adjusted net income rose to $54.1 million, or $0.86 per diluted share, reflecting higher segment earnings and lower corporate costs. Adjusted EBITDA also saw an increase to $125.9 million, maintaining a margin of 6.2%.
The company experienced significant sequential improvement in cash flow, attributed to strides in deploying its enterprise resource planning system. ABM’s total indebtedness stood at $1.6 billion, with available liquidity of $657.8 million. The company declared a quarterly cash dividend of $0.265 per share, continuing its long-standing tradition of shareholder returns.
Looking forward, ABM Industries remains optimistic about its core markets, expecting delayed projects to materialize in the third quarter. The company reaffirmed its full-year adjusted EPS outlook of $3.65 to $3.80, maintaining a steady adjusted EBITDA margin projection. This outlook reflects ABM’s confidence in its market position and strategic initiatives moving into the latter half of 2025.