ABM INDUSTRIES INC /DE/ ABM
ABM Industries Incorporated, which operates through its subsidiaries (collectively referred to as "ABM," "we," "us," "our," or the "Company"), is a leading provider of facility maintenance, engineering and infrastructure solutions with a mission to make a difference, every person, every day. Our history dates back to 1909, when American Building Maintenance Company began as a window washing company in San Francisco with one employee. In 1985, we were incorporated in Delaware under the name American Building Maintenance Industries, Inc., as the successor to the business originally founded in 1909. In 1994, we changed our name to ABM Industries Incorporated. Since that time, we have grown into a multi-segment facility solutions company, primarily through strategic acquisitions and new service offerings, increasing our revenue to more than $8.5 billion.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.75B | $8.36B | $8.10B | $7.81B | $6.23B | $5.99B | $6.50B | $6.44B | $5.45B | $5.14B |
| Cost of revenue | $7.67B | $7.33B | $7.04B | $6.76B | $5.26B | $5.16B | $5.77B | $5.75B | $4.88B | $4.60B |
| Gross profit | $1.08B | $1.03B | $1.06B | $1.05B | $970.4M | $830.6M | $731.1M | $694.8M | $572.4M | $541.3M |
| SG&A | $697.4M | $765.3M | $572.8M | $628.3M | $719.2M | $506.1M | $452.9M | $438.0M | $436.6M | $410.1M |
| Total operating expenses | — | — | — | — | — | — | — | — | — | $5.09B |
| Operating income | $311.7M | $212.0M | $409.5M | $348.8M | $206.3M | $95.7M | $208.3M | $138.6M | $101.9M | $54.7M |
| Interest expense | $96.4M | $85.0M | $82.3M | $41.1M | $28.6M | $44.6M | $51.1M | $54.1M | $19.2M | $10.4M |
| Pre-tax income | $219.9M | $133.6M | $331.1M | $310.0M | $179.8M | $53.3M | $160.2M | $87.7M | $86.9M | $51.9M |
| Income tax | $57.6M | $52.2M | $79.7M | $79.6M | $53.5M | $53.1M | $32.7M | $8.2M | $8.8M | $10.4M |
| Net income | $162.4M | $81.4M | $251.3M | $230.4M | $126.3M | $300.0K | $127.4M | $97.8M | $3.8M | $57.2M |
| EPS, basic | 2.61 | 1.29 | 3.81 | 3.44 | 1.87 | 0.00 | 1.91 | 1.48 | 0.07 | 1.02 |
| EPS, diluted | 2.59 | 1.28 | 3.79 | 3.41 | 1.86 | 0.00 | 1.90 | 1.47 | 0.07 | 1.01 |
| Shares, diluted (wtd. avg.) | $62.7M | $63.6M | $66.3M | $67.5M | $68.0M | $67.3M | $66.9M | $66.4M | $58.3M | $56.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $104.1M | $64.6M | $69.5M | $73.0M | $62.8M | $394.2M | $58.5M | $39.1M | $62.8M | $53.5M |
| Receivables | — | — | — | — | — | — | — | $1.01B | $1.04B | $803.7M |
| Total current assets | $1.94B | $1.79B | $1.71B | $1.56B | $1.40B | $1.44B | $1.28B | $1.17B | $1.24B | $991.3M |
| Property, plant and equipment | $177.2M | $150.7M | $131.5M | $125.4M | $111.9M | $133.7M | $150.3M | $140.1M | $143.1M | $81.8M |
| Goodwill | $2.59B | $2.58B | $2.49B | $2.49B | $2.23B | $1.67B | $1.84B | $1.83B | $1.86B | $912.8M |
| Other intangibles | $243.2M | $282.4M | $302.9M | $378.5M | $424.8M | $239.7M | $297.2M | $355.7M | $430.1M | $103.8M |
| Total assets | $5.27B | $5.10B | $4.93B | $4.87B | $4.44B | $3.78B | $3.69B | $3.63B | $3.81B | $2.28B |
| Accounts payable | $401.2M | $324.3M | $299.1M | $315.5M | $289.4M | $273.3M | $280.7M | $221.9M | $230.8M | $174.3M |
| Short-term debt | $29.4M | $31.6M | $31.5M | $181.5M | $31.4M | $116.7M | $57.2M | $37.0M | $16.9M | $0 |
| Total current liabilities | $1.31B | $1.35B | $1.22B | $1.35B | $1.29B | $986.9M | $902.4M | $792.5M | $757.8M | $596.8M |
| Long-term debt | $1.54B | $1.30B | $1.28B | $1.09B | $852.8M | $603.0M | $744.2M | $902.0M | $1.16B | $268.3M |
| Total liabilities | $3.48B | $3.32B | $3.13B | $3.15B | $2.83B | $2.28B | $2.15B | $2.17B | $2.44B | $1.30B |
| Retained earnings | $1.37B | $1.27B | $1.25B | $1.06B | $880.2M | $806.4M | $856.3M | $771.2M | $720.1M | $756.4M |
| Total equity | $1.79B | $1.78B | $1.80B | $1.72B | $1.61B | $1.50B | $1.54B | $1.45B | $1.38B | $974.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $234.4M | $226.7M | $243.3M | $20.4M | $314.3M | $457.5M | $262.7M | $320.9M | $5.6M | $83.5M |
| Depreciation and amortisation | $105.6M | $106.6M | $120.7M | $112.4M | $89.9M | $96.4M | $107.4M | $112.5M | $38.5M | $32.6M |
| Stock-based compensation | $38.0M | $30.0M | $30.5M | $30.5M | $33.5M | $20.3M | $17.5M | $17.0M | $13.3M | $14.0M |
| Capital expenditure | $79.3M | $59.4M | $52.6M | $50.8M | $34.3M | $38.0M | $59.6M | $50.9M | $57.2M | $44.0M |
| Investing cash flow | -$115.6M | -$171.9M | -$62.1M | -$241.5M | -$740.0M | -$27.5M | -$58.3M | -$48.1M | -$871.8M | -$134.8M |
| Financing cash flow | -$80.2M | -$61.5M | -$186.3M | $235.5M | $92.4M | -$94.1M | -$184.8M | -$295.8M | $874.0M | $52.6M |
| Dividends paid | $65.6M | $56.5M | $57.5M | $51.9M | $51.0M | $49.3M | $47.7M | $46.0M | $39.5M | $36.9M |
| Buybacks | $122.2M | $56.1M | $138.1M | $97.5M | $0 | $5.1M | $0 | $0 | $7.9M | $46.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000771497-25-000031.
Others in SIC 7340
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ABNB | Airbnb, Inc. | $107.71B | — | 10.3% |
| APG | APi Group Corp | $17.30B | — | 12.7% |
| ROL | ROLLINS INC | $17.25B | 32.9x | 11.0% |
| FTDR | Frontdoor, Inc. | $5.69B | 24.2x | 13.6% |
| ARAI | Arrive AI Inc. | $12.4M | — | — |
| PMEC | Primech Holdings Ltd | — | — | 2.5% |