Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 8.63B | 8.36B | 8.10B | 7.81B | 6.23B | 5.99B |
Gross Profit | 1.13B | 1.12B | 1.13B | 1.05B | 970.40M | 830.60M |
EBITDA | 503.20M | 414.40M | 460.60M | 461.10M | 296.10M | 372.50M |
Net Income | 115.90M | 81.40M | 251.30M | 230.40M | 126.30M | 300.00K |
Balance Sheet | ||||||
Total Assets | 5.27B | 5.10B | 4.93B | 4.87B | 4.44B | 3.78B |
Cash, Cash Equivalents and Short-Term Investments | 69.30M | 64.60M | 69.50M | 73.00M | 62.80M | 394.20M |
Total Debt | 142.00M | 1.47B | 1.44B | 1.40B | 1.03B | 886.10M |
Total Liabilities | 3.44B | 3.32B | 3.13B | 3.15B | 2.83B | 2.28B |
Stockholders Equity | 1.83B | 1.78B | 1.80B | 1.72B | 1.61B | 1.50B |
Cash Flow | ||||||
Free Cash Flow | 58.00M | 167.30M | 190.70M | -30.40M | 280.00M | 419.50M |
Operating Cash Flow | 131.40M | 226.70M | 243.30M | 20.40M | 314.30M | 457.50M |
Investing Cash Flow | -88.80M | -171.90M | -62.10M | -241.50M | -740.00M | -27.50M |
Financing Cash Flow | -61.00M | -61.50M | -186.30M | 235.50M | 92.40M | -94.10M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | $4.99B | 16.32 | 17.61% | 1.36% | 3.40% | 13.75% | |
76 Outperform | $3.19B | 21.53 | 7.15% | 0.78% | 4.18% | 18.93% | |
76 Outperform | $12.57B | 37.00 | 5.86% | 2.57% | 1.56% | -32.50% | |
70 Outperform | $2.99B | 39.00 | 6.32% | 2.11% | 4.27% | -24.06% | |
67 Neutral | $10.29B | 28.95 | 12.00% | 1.07% | -0.06% | 3.83% | |
64 Neutral | $10.73B | 15.74 | 7.56% | 2.01% | 2.76% | -15.10% | |
60 Neutral | $1.37B | 428.66 | 3.03% | ― | -2.99% | -72.13% |
On September 5, 2025, ABM Industries announced its fiscal third-quarter results, highlighting a 6.2% revenue increase to $2.2 billion, driven by organic growth and acquisitions. The company reported a significant rise in net income to $41.8 million, attributed to the absence of prior year adjustments and lower corporate costs. ABM launched a restructuring program aimed at achieving $35 million in annualized cost savings, expected to begin in the fourth quarter. The Board also approved a $150 million increase in share repurchase authorization, reflecting confidence in ABM’s strategic direction. Despite some margin pressures, the company anticipates improved fourth-quarter results and continues to invest in AI capabilities and client-facing resources.
On June 11, 2025, ABM Industries announced the election of Carol A. Clements to its Board of Directors, expanding the board from ten to eleven members. Ms. Clements, a technology and digital transformation leader with over 25 years of experience, currently serves as Chief Digital and Technology Officer at JetBlue Airways Corporation. Her appointment is seen as a strategic move to leverage her expertise in technology and innovation, aligning with ABM’s focus on redefining industry standards through advanced digital solutions.
On June 6, 2025, ABM Industries appointed David Orr as the new Executive Vice President and Chief Financial Officer, succeeding Earl Ellis who has served since November 2020. Orr, who has been with ABM since 2001, brings extensive experience in finance and strategy, having previously held roles such as Senior Vice President of Financial Planning and Analysis. His appointment is seen as a move to leverage his deep understanding of the industry and operational excellence to drive growth and transformation for ABM. Ellis will continue as a Senior Advisor until September 5, 2025, and will receive severance benefits as per his employment agreement.
On June 6, 2025, ABM Industries announced its fiscal second quarter results, reporting a 4.6% increase in revenue to $2.1 billion, driven by 3.8% organic growth. Despite a slight decrease in net income compared to the previous year, adjusted net income and EBITDA showed improvement. The company secured $1.1 billion in new bookings, highlighting its strong market position. ABM also declared a quarterly dividend of $0.265 per share, payable in August 2025, marking its 237th consecutive quarterly dividend.