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
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- All other countries
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $8.03B | $7.76B | $7.57B |
| All other countries | $720.5M | $598.4M | $530.8M |
As the company reported it, from the “SEGMENT AND GEOGRAPHIC INFORMATION - Schedule of Geographic Information Based on the Country in Which the Sale Originated (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- B&I
- M&D
- Aviation
- Technical Solutions
- Education
| Segment | FY2025 | FY2024 |
|---|---|---|
| B&I | $4.13B | $4.06B |
| M&D | $1.62B | $1.55B |
| Aviation | $1.12B | $1.03B |
| Technical Solutions | $960.6M | $809.3M |
| Education | $922.0M | $904.0M |
As the company reported it, from the “REVENUES - Schedule of Disaggregation of Revenues (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.14B | $5.45B | $6.44B | $6.50B | $5.99B | $6.23B | $7.81B | $8.10B | $8.36B | $8.75B |
| Gross profit | $541.3M | $572.4M | $694.8M | $731.1M | $830.6M | $970.4M | $1.05B | $1.06B | $1.03B | $1.08B |
| Net income | $57.2M | $3.8M | $97.8M | $127.4M | $300.0K | $126.3M | $230.4M | $251.3M | $81.4M | $162.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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