ABM Industries Incorporated
- Open
- 48.35
- Day high
- 48.65
- Day low
- 48.26
- Prev close
- 47.92
- Volume
- 224K
- Mkt cap
- $2.8B
- P/E (TTM)
- 18.6
- EPS (TTM)
- $2.60
- P/B
- 1.6
- P/S
- 0.3
- Yield
- 2.34%
- Per share
- $1.13
- ▼Insiders net selling -$2.6M over the last 3 months (0 open-market buys, 4 sales)
- 🏛Institutions accumulating (13F)
ABM Industries Incorporated (ABM) is a Industrials company listed on NYSE. The stock is down 3% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 4 sales (SEC Form 4).
ABM Industries Incorporated (ABM) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 4 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ABM earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jun 5, 2026 | $0.92 | $0.90 | -2.2% | $2.3B | +3.4% |
| Mar 10, 2026 | $0.87 | $0.83 | -4.8% | $2.2B | +0.9% |
| Dec 17, 2025 | $1.09 | $0.88 | -19.3% | $2.3B | +1.0% |
| Sep 5, 2025 | $0.95 | $0.82 | -13.7% | $2.2B | -2.3% |
| Jun 6, 2025 | $0.86 | $0.86 | -0.1% | $2.1B | +2.5% |
| Mar 12, 2025 | $0.78 | $0.87 | +11.5% | $2.1B | +2.6% |
| Dec 18, 2024 | $0.87 | $0.90 | +3.4% | $2.2B | +4.7% |
| Sep 6, 2024 | $0.86 | $0.94 | +9.2% | $2.1B | +2.8% |
| Jun 6, 2024 | $0.79 | $0.87 | +10.1% | $2.0B | +0.9% |
| Mar 7, 2024 | $0.71 | $0.86 | +21.1% | $2.1B | +2.8% |
| Dec 13, 2023 | $0.92 | $1.01 | +9.8% | $2.1B | +3.3% |
| Sep 7, 2023 | $0.88 | $0.79 | -10.2% | $2.0B | +0.9% |
ABM insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 17, 2026 | VALENTIN RAUL JAVIERofficer: EVP and CHRO | Sell | 1,639 | $48.00 |
| Jul 15, 2026 | CHIN DEAN Aofficer: SVP - Chief Accounting Officer | Sell | 3,958 | $45.31 |
| Jul 6, 2026 | ORR DAVID MARSHALLofficer: EVP & Chief Financial Officer | Tax | 539 | $44.54 |
| Jun 12, 2026 | SALMIRS SCOTT Bdirector, officer: President and CEO | Sell | 10,424 | $46.69 |
| Jun 12, 2026 | SALMIRS SCOTT Bdirector, officer: President and CEO | Sell | 39,576 | $46.25 |
| Feb 27, 2026 | Gallo Thomas Jamesofficer: EVP & Chief Strategy Officer | Grant | 1,964 | — |
| Feb 27, 2026 | Gallo Thomas Jamesofficer: EVP & Chief Strategy Officer | Grant | 5,281 | — |
| Feb 27, 2026 | Gallo Thomas Jamesofficer: EVP & Chief Strategy Officer | Tax | 3,154 | $44.69 |
| Feb 27, 2026 | Gallo Thomas Jamesofficer: EVP & Chief Strategy Officer | Tax | 927 | $44.69 |
| Feb 10, 2026 | JACOBSEN RENEofficer: EVP & Chief Operating Officer | Sell | 9,339 | $47.23 |
| Jan 23, 2026 | JACOBSEN RENEofficer: EVP & Chief Operating Officer | Tax | 1,007 | $44.69 |
| Jan 15, 2026 | JACOBSEN RENEofficer: EVP & Chief Operating Officer | Sell | 31,034 | $44.12 |
| Jan 12, 2026 | CHIN DEAN Aofficer: SVP - Chief Accounting Officer | Grant | 4,855 | — |
| Jan 12, 2026 | CHIN DEAN Aofficer: SVP - Chief Accounting Officer | Tax | 1,094 | $44.69 |
| Jan 12, 2026 | VALENTIN RAUL JAVIERofficer: EVP and CHRO | Tax | 3,215 | $44.69 |
Source: ABM SEC Form 4 filings, latest Jul 17, 2026. For informational purposes only — not investment advice.
See the full ABM insider & 13F page →ABM Industries Incorporated company profile
Overview
ABM Industries Incorporated (NYSE:ABM) is a leading provider of integrated facility solutions founded in 1909 and headquartered in New York. Originally established as American Building Maintenance Company, ABM has evolved from a regional janitorial service provider into a comprehensive facility management company serving clients across the United States and internationally. The company went public in 1980 and has grown through both organic expansion and strategic acquisitions to become one of the largest facility services companies in North America, operating across multiple business segments including commercial real estate, aviation, manufacturing, education, and technical solutions.
Business
ABM Industries operates in the facility services industry, providing comprehensive building maintenance and support services that keep commercial, industrial, and institutional facilities running smoothly. The company's core business revolves around essential services that property owners and managers need to maintain their buildings and operations. The company operates through five primary business segments: 1. Business & Industry (B&I) - Representing approximately 48% of total revenue, this segment provides janitorial services, facilities engineering, landscaping, and custodial services primarily to commercial office buildings, retail properties, and industrial facilities. This includes everything from daily cleaning and maintenance to complex building system management. 2. Manufacturing & Distribution (M&D) - Contributing roughly 18% of revenue, this segment serves manufacturing facilities, distribution centers, and warehouses with specialized cleaning, maintenance, and technical services. The segment has been growing due to the trend of manufacturing returning to the United States and the expansion of e-commerce distribution facilities. 3. Aviation - Accounting for about 13% of revenue, ABM provides ground support services at airports including aircraft cleaning, baggage handling, passenger assistance, and terminal maintenance. This segment has shown strong recovery following the COVID-19 pandemic as air travel has rebounded. 4. Education - Representing approximately 11% of revenue, this segment provides custodial, maintenance, and grounds keeping services to K-12 schools, universities, and other educational institutions. Services include daily cleaning, facility maintenance, and specialized services like energy management. 5. Technical Solutions - Contributing about 10% of revenue, this is ABM's fastest-growing segment, providing specialized technical services including electrical work, HVAC maintenance, energy solutions, microgrid installations, data center services, and electric vehicle charging infrastructure. This segment focuses on high-margin, technology-driven services that support modern infrastructure needs.
Revenue model
ABM generates revenue primarily through service contracts where clients pay for ongoing facility maintenance and support services. The company operates on both fixed-price contracts and cost-plus arrangements, with most agreements being multi-year commitments that provide revenue stability. The business model centers on labor-intensive service delivery, where ABM employs thousands of workers to perform cleaning, maintenance, and technical services at client facilities. Approximately 50% of ABM's workforce is unionized, which provides wage predictability through collective bargaining agreements but also limits flexibility in labor cost management. Key revenue drivers include contract renewals, new client acquisitions, and cross-selling additional services to existing clients through their ABM Performance Solutions (APS) platform. The company has been focusing on higher-margin technical services and moving away from commoditized cleaning services toward more specialized offerings. Factors that positively impact margins include wage stabilization after periods of labor inflation, successful implementation of workforce productivity optimization tools, pricing discipline with clients, and growth in higher-margin technical services segments. The company's ELEVATE initiative aims to improve operational efficiency through technology and process improvements. Margin pressures come from labor cost inflation (though partially mitigated by union contracts), competitive pricing pressure in commoditized services, economic downturns that reduce demand for discretionary facility services, and the need for ongoing technology investments. The commercial real estate market's health significantly impacts the B&I segment, as reduced occupancy rates and work orders directly affect revenue. Rising interest rates and economic uncertainty can lead to clients reducing facility spending, particularly for non-essential services.
Competitive moat
ABM's competitive moat is moderate but not insurmountable. The company benefits from several defensive characteristics that provide some protection against competition, though the facility services industry remains highly fragmented and competitive. The primary moat elements include long-term contract relationships with clients who prefer stability and reliability in essential building services. Switching costs exist due to the operational disruption of changing facility service providers, particularly for complex multi-service arrangements. ABM's scale advantages allow for better purchasing power, standardized training programs, and the ability to serve large national clients across multiple locations. The company's diversified service portfolio creates some stickiness, as clients value having a single provider handle multiple facility needs rather than managing relationships with numerous specialized vendors. ABM's investment in technology platforms like ABM Connect and workforce optimization tools provides some differentiation from smaller competitors. However, the moat faces significant challenges. The facility services industry has low barriers to entry for basic services like janitorial work, leading to intense price competition. Many services are commoditized, making it difficult to command premium pricing. Regional and local competitors can often undercut ABM's pricing, particularly for smaller clients. The labor-intensive nature of the business makes it vulnerable to wage inflation and labor shortages. The strongest moat exists in ABM's Technical Solutions segment, where specialized expertise in areas like microgrid installations, data center services, and complex electrical work creates higher barriers to entry. However, this segment represents only about 10% of total revenue, limiting its impact on overall competitive positioning.
Risks & safety
ABM demonstrates moderate financial safety with manageable debt levels but some cash flow volatility concerns. • Liquidity and Solvency: Current ratio of 1.52 indicates adequate short-term liquidity. Cash position of $59 million is relatively modest for a company of this size, but the company maintains a $2.2 billion credit facility providing substantial financial flexibility. • Debt Management: Debt-to-equity ratio of 0.93 represents moderate leverage. The company has maintained relatively stable debt levels and has demonstrated ability to service its obligations through operating cash flows. • Cash Flow Concerns: Q1 2025 showed negative operating cash flow of -$106 million and negative free cash flow of -$123 million, primarily attributed to ERP implementation impacts and working capital timing. Management expects normalization in subsequent quarters. • Valuation Metrics: Trading at P/E ratio of 19.2x and EV/EBITDA of 12.0x, which appears reasonable for a stable industrial services company. Graham number of 21.07 suggests the stock is trading above conservative value metrics. • Other Considerations: The company maintains dividend payments and has a history of consistent profitability, though margins can be volatile due to labor cost fluctuations and economic cycles.
Recent development
Over the past few years, ABM has undergone significant strategic transformation focused on technology integration and higher-margin service expansion. The company completed a major ERP system implementation across its B&I and Manufacturing & Distribution segments, which temporarily impacted cash flows but is expected to improve operational efficiency and financial reporting capabilities. A key strategic initiative has been the ELEVATE program, which encompasses workforce productivity optimization tools, AI-driven solutions, and process improvements designed to enhance margins and service delivery. The company has introduced workforce management technologies that help optimize labor deployment and reduce turnover costs. ABM has aggressively expanded its Technical Solutions segment, which grew 22% in Q1 2025, focusing on high-growth markets including data centers, semiconductor facilities, microgrid installations, and electric vehicle charging infrastructure. The company acquired Quality Uptime Services to enhance its data center capabilities and has secured significant contracts including a $180 million microgrid project. The company launched a new brand platform with the tagline "Driving Possibility Together" and developed ABM Connect, a real-time data intelligence platform that provides clients with operational insights and performance metrics. These technology investments are designed to differentiate ABM from traditional facility service providers and justify premium pricing. ABM has also focused on portfolio optimization, prioritizing high-quality commercial properties and being more selective in new client acquisitions to improve overall profitability. The company has expanded its credit facility to $2.2 billion to support growth initiatives and potential acquisitions.
ABM company profile · for informational purposes only — not investment advice.
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