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Abm Industries Inc  (NYSE: ABM)
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $46.6300 $-0.57 -1.208%
Day's High: $47.084999084472656 Week Perf: 0.09 %
Day's Low: $ 46.25 30 Day Perf: -2.67 %
Volume (M): 412,076 52 Wk High: $ 50.12
Volume (M$): $ 0 52 Wk Avg: $43.79
Open: $47.08 52 Wk Low: $36.96



 Market Capitalization (Millions $) 2,756
 Shares Outstanding (Millions) 59
 Employees 113,000
 Revenues (TTM) (Millions $) 9,053
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) 36
 Capital Exp. (TTM) (Millions $) 103

Business Description


ABM Industries Inc. is a well-established, publicly traded facilities management and maintenance services company headquartered in New York City, NY. The company has a strong presence in the United States, Canada, and various international locations. It was founded in 1909 as American Building Maintenance, which was later changed to ABM Industries Inc.

ABM Industries Inc. operates through several business segments, with each division providing unique services to its clients. The segments include Business and Industry, Aviation, Education, Government, Healthcare and other industries. The company provides essential services such as cleaning, HVAC, electrical, lighting, landscaping, and engineering services.

ABM Industries Inc. has a diverse client base, including commercial property owners, investment firms, educational institutions, government agencies, and corporations. The company has developed long-term relationships with its clients, which has helped to ensure repeat business and a stable growth path.

ABM Industries Inc. is committed to sustainability, social responsibility, and innovation. The company has various programs in place to minimize its environmental impact, such as energy-efficient lighting, water conservation, and waste reduction programs. Additionally, ABM Industries Inc. has various employee development programs aimed at advancing its employees' careers and promoting diversity and inclusion.

In 2020, ABM Industries Inc. reported annual revenues of $6.4 billion and had over 140,000 employees providing services to over 20 industries. The company has a strong financial position, with a market capitalization of over $2 billion and consistently delivers strong financial results to its shareholders.

In conclusion, ABM Industries Inc. is a well-established facilities management services company with diverse business segments, a commitment to sustainability and social responsibility, and a strong history of delivering excellent services to its clients. The company has a strong financial position, and its long-term success is supported by its commitment to investing in its employees and technological advancements.


   Company Address: One Liberty Plaza New York 10006 NY
   Company Phone Number: 297-0200   Stock Exchange / Ticker: NYSE ABM


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CBRE   -4.03%    
JLL   -5.51%    
NMRK   -5.23%    
ARMK   -5.01%    
EME   -3.97%    
GRWG   -6.94%    
• View Complete Report
   



Dividend

ABM Industries Inc. Increases Quarterly Dividend Amid Strategic Leadership Transition

Published Thu, Dec 5 2024 9:05 PM UTC

In a strategic move that underscores ABM Industries Inc. s commitment to enhancing shareholder value, the company has announced an increase in its quarterly dividend from $0.225 to $0.265 per common share. This notable 17.8% hike represents ABM s ongoing efforts to reassure and reward its shareholders amidst a period of significant transformation and strategic adaptation.Enh...

Management Changes

Leadership Transition and Strategic Partnerships: ABM Industries Navigates Market Challenges with Eyes on Electrification,

Published Thu, Oct 17 2024 8:05 PM UTC

In a transition reflective of both stability and strategic evolution, ABM Industries Inc. has announced the retirement of long-serving EVP General Counsel Andrea Newborn, signifying a pivotal moment for the organization as it ushers in Miranda Tolar as her successor. Tolar, who currently serves as the Senior Vice President and Deputy General Counsel, will take the helm as th...

Contract

A New Era of Electrification ABM Enters Noble Partnership with Samsung C&T to Charge Forward in the Electric Vehicle ...

Published Tue, Sep 24 2024 12:01 PM UTC

In the hallowed halls of commerce, where innovation often meets the fervent march of progress, a notable endeavor has recently taken shape. On the twenty-fourth day of this September in the year of our Lord two thousand and twenty-four, ABM Industries Inc. a foremost purveyor of integrated facility services and infrastructure solutions, has heralded a collaboration most wort...

Partnership

Augmenting Racing Bryan Herta Autosport Harnesses ABMs EV Charging Solutions for a Record-Breaking Run

Published Thu, Jun 20 2024 12:00 PM UTC

In a groundbreaking collaboration, Bryan Herta Autosport (BHA), one of the top American auto racing teams, has joined forces with ABM Industries Inc to showcase the cutting-edge capabilities of electric vehicles (EVs) at the esteemed Pikes Peak International Hill Climb. Harnessing ABM s advanced EV charging solutions, BHA aims to power their ambitions for a record-breaking r...

Product Service News

ABM Industries Secures Landmark Five-Year Partnership with Phoenixs Trio of Airports Amidst Impressive Revenue Growth

Published Tue, Jun 11 2024 12:00 PM UTC

ABM Announces Partnership with Phoenix s Three Airports In an expansive move set to redefine service standards within Arizona s aviation sector, ABM Industries Inc. a revered leader in facility solutions has secured a landmark five-year partnership to provide comprehensive janitorial services across Phoenix Sky Harbor International Airport (PHX), Deer Valley Airport (DVT), a...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 17.93
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.30
Price to Sales (Expected) -
Price to Book 1.58
PEG (TTM) 0.16

Financial Strength Current
Quick Ratio 0.07
Working Capital Ratio 1.46
Leverage Ratio (MRQ) 2.23
Total Debt to Equity 1.07
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.2

Per Share Current
Earnings (TTM) 2.6 $
Revenues (TTM) 153.18 $
Cash Flow (TTM) 0.61 $
Cash 1.61 $
Book Value 29.58 $
Dividend (TTM) 1.1 $

Efficiency Current
Revenue per Employee (TTM) 80,113
Net Income per Employee (TTM) 1,403
Receivable Turnover Ratio (TTM) 6.06
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 1.68

Profitability Ratios Current
Gross Margin (MRQ) 12.1 %
Operating Margin (MRQ) 3.79 %
Net Margin (MRQ) 1.88 %
Net Cash Flow Margin (MRQ) -0.24 %
Effective Tax Rate (TTM) 26.85 %

Management Effectiveness Current
Return On Assets (TTM) 2.93 %
Return On Investment (TTM) 3.92 %
Return On Equity (TTM) 8.94 %
Dividend Yield 2.45 %
Pay out Ratio (TTM) 42.31 %



Abm Industries Inc's Segments
Facility Solutions    73.01 % of total Revenue
Janitorial    57.2 % of total Revenue
Aviation Services    6.56 % of total Revenue
Parking and Transportation    9.25 % of total Revenue
Engineering and Infrastructure Solutions    26.99 % of total Revenue
Operations and Maintenance    15.18 % of total Revenue
Building Energy Solutions    11.81 % of total Revenue
B I    44.36 % of total Revenue
B I Facility Solutions    35.44 % of total Revenue
B I Janitorial    30.75 % of total Revenue
B I Parking and Transportation    4.69 % of total Revenue
B I Engineering and Infrastructure Solutions    8.93 % of total Revenue
B I Operations and Maintenance    8.87 % of total Revenue
B I Building Energy Solutions    0.05 % of total Revenue
M D    20.25 % of total Revenue
M D Facility Solutions    15.7 % of total Revenue
M D Janitorial    14.73 % of total Revenue
M D Parking and Transportation    0.97 % of total Revenue
M D Engineering and Infrastructure Solutions    4.55 % of total Revenue
M D Operations and Maintenance    4.48 % of total Revenue
M D Building Energy Solutions    0.08 % of total Revenue
Aviation    13.57 % of total Revenue
Aviation Facility Solutions    12.94 % of total Revenue
Aviation Janitorial    2.78 % of total Revenue
Aviation Aviation Services    6.56 % of total Revenue
Aviation Parking and Transportation    3.6 % of total Revenue
Aviation Engineering and Infrastructure Solutions    0.63 % of total Revenue
Aviation Operations and Maintenance    0.63 % of total Revenue
Education    10.14 % of total Revenue
Education Facility Solutions    8.93 % of total Revenue
Education Janitorial    8.93 % of total Revenue
Education Parking and Transportation    0 % of total Revenue
Education Engineering and Infrastructure Solutions    1.21 % of total Revenue
Education Operations and Maintenance    1.21 % of total Revenue
Technical Solutions    11.67 % of total Revenue
Technical Solutions Engineering and Infrastructure Solutions    11.67 % of total Revenue
Technical Solutions Building Energy Solutions    11.67 % of total Revenue

  Abm Industries Inc Outlook

On December 18 2024 the Abm Industries Inc provided following guidance

nnABM Industries Inc. Reports Financial Performance for Fourth Quarter and Full Fiscal Year 2024, Outlines Fiscal 2025 Projectionsnn

On December 18, 2024, ABM Industries Inc. (NYSE: ABM), a prominent provider of facility solutions, revealed its financial results for the fourth quarter and the complete fiscal year that concluded on October 31, 2024. While the company has shared insights into its overall performance, it has not yet disclosed specific details regarding its financial guidance for Fiscal Year 2025. Additional information will be necessary to fully understand the projected financial expectations for the upcoming fiscal year.

The announcement reflects ABM's commitment to transpare...





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