ABM Industries (ABM)
Market Price (10/20/2026): $51.45 | Market Cap: $3.0 BilSector: Industrials | Industry: Environmental & Facilities Services
ABM Industries (ABM)
Market Price (10/20/2026): $51.45Market Cap: $3.0 BilSector: IndustrialsIndustry: Environmental & Facilities Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, Dividend Yield is 2.2%, FCF Yield is 10% Low stock price volatilityVol 12M is 28% Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, Sustainable & Green Buildings, and Electrification of Everything. Themes include Building Management Systems, Show more. | Trading close to highsDist 52W High is 0.0% Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -51% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 59% Key risksABM key risks include [1] reduced service demand from ongoing softness in the commercial real estate market driven by hybrid work, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, Dividend Yield is 2.2%, FCF Yield is 10% |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, Sustainable & Green Buildings, and Electrification of Everything. Themes include Building Management Systems, Show more. |
| Trading close to highsDist 52W High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -51% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 59% |
| Key risksABM key risks include [1] reduced service demand from ongoing softness in the commercial real estate market driven by hybrid work, Show more. |
Qualitative Assessment
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ABM Industries (ABM) stock has gained about 20% since 6/30/2026 because of the following key factors:
1. ABM Industries reported strong fiscal third quarter 2026 results and raised its full-year outlook. For fiscal Q3 2026, which ended July 31, 2026, the company announced adjusted earnings per share (EPS) of $1.04, exceeding the consensus estimate of $1.01 by $0.03. Quarterly revenue grew 4.2% year-over-year to a record $2.32 billion, meeting analyst expectations. Following these results, ABM increased the midpoint of its adjusted EPS outlook for fiscal 2026 to a range of $3.95-$4.10 per share and raised its full-year operating cash flow expectation to approximately $300 million and free cash flow to about $210 million.
2. The company demonstrated significant growth in higher-margin infrastructure markets. ABM is expanding its presence in the semiconductor, microgrid, and data center sectors. Through the first nine months of fiscal 2026 (November 1, 2025 to July 31, 2026), semiconductor revenues increased 65% organically to about $300 million, microgrid revenues rose 17% to roughly $300 million, and data center revenues grew 8% to approximately $175 million. These higher-margin verticals now represent over 11% of the company's revenue and collectively achieved approximately 26% organic growth year-to-date.
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ABM Industries (ABM) stock has gained about 20% since 6/30/2026 because of the following key factors:
1. ABM Industries reported strong fiscal third quarter 2026 results and raised its full-year outlook. For fiscal Q3 2026, which ended July 31, 2026, the company announced adjusted earnings per share (EPS) of $1.04, exceeding the consensus estimate of $1.01 by $0.03. Quarterly revenue grew 4.2% year-over-year to a record $2.32 billion, meeting analyst expectations. Following these results, ABM increased the midpoint of its adjusted EPS outlook for fiscal 2026 to a range of $3.95-$4.10 per share and raised its full-year operating cash flow expectation to approximately $300 million and free cash flow to about $210 million.
2. The company demonstrated significant growth in higher-margin infrastructure markets. ABM is expanding its presence in the semiconductor, microgrid, and data center sectors. Through the first nine months of fiscal 2026 (November 1, 2025 to July 31, 2026), semiconductor revenues increased 65% organically to about $300 million, microgrid revenues rose 17% to roughly $300 million, and data center revenues grew 8% to approximately $175 million. These higher-margin verticals now represent over 11% of the company's revenue and collectively achieved approximately 26% organic growth year-to-date.
3. ABM significantly improved its cash flow generation and financial leverage. In fiscal Q3 2026, operating cash flow reached $146.8 million and free cash flow totaled $128.4 million. For the first nine months of fiscal 2026, operating cash flow increased to $275 million from $101 million in the prior year period, and free cash flow rose to $199.6 million from $42.4 million, driven by enhanced working capital management. Concurrently, total debt decreased to $1.8 billion by the end of fiscal Q3 2026, improving the leverage ratio to 2.9X from 3.2X in the preceding quarter.
4. Analyst sentiment turned more positive with rating upgrades and increased price targets. Wall Street Zen upgraded ABM Industries from a "hold" to a "buy" rating on October 10, 2026. Separately, Zacks Investment Research upgraded the stock to a Zacks Rank #2 (Buy) on September 11, 2026. Several brokerages also raised their price targets, including UBS Group from $45.00 to $51.50 and Robert W. Baird from $48.00 to $53.00, both on September 9, 2026.
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Stock Movement Drivers
Fundamental Drivers
The 17.7% change in ABM stock from 6/30/2026 to 10/19/2026 was primarily driven by a 12.1% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10192026 | Change |
|---|---|---|---|
| Stock Price ($) | 43.69 | 51.41 | 17.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9,053 | 9,146 | 1.0% |
| Net Income Margin (%) | 1.8% | 1.8% | 3.9% |
| P/E Multiple | 16.2 | 18.2 | 12.1% |
| Shares Outstanding (Mil) | 59 | 59 | 0.0% |
| Cumulative Contribution | 17.7% |
Market Drivers
6/30/2026 to 10/19/2026| Return | Correlation | |
|---|---|---|
| ABM | 17.7% | |
| Market (SPY) | 2.6% | -10.3% |
| Sector (XLI) | -10.0% | 16.9% |
Fundamental Drivers
The 36.2% change in ABM stock from 3/31/2026 to 10/19/2026 was primarily driven by a 26.0% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 10192026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.75 | 51.41 | 36.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,875 | 9,146 | 3.1% |
| Net Income Margin (%) | 1.8% | 1.8% | 2.5% |
| P/E Multiple | 14.4 | 18.2 | 26.0% |
| Shares Outstanding (Mil) | 60 | 59 | 2.4% |
| Cumulative Contribution | 36.2% |
Market Drivers
3/31/2026 to 10/19/2026| Return | Correlation | |
|---|---|---|
| ABM | 36.2% | |
| Market (SPY) | 18.2% | -11.5% |
| Sector (XLI) | 3.3% | 17.6% |
Fundamental Drivers
The 15.1% change in ABM stock from 9/30/2025 to 10/19/2026 was primarily driven by a 35.4% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 10192026 | Change |
|---|---|---|---|
| Stock Price ($) | 44.65 | 51.41 | 15.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,628 | 9,146 | 6.0% |
| Net Income Margin (%) | 1.3% | 1.8% | 35.4% |
| P/E Multiple | 24.1 | 18.2 | -24.4% |
| Shares Outstanding (Mil) | 62 | 59 | 6.1% |
| Cumulative Contribution | 15.1% |
Market Drivers
9/30/2025 to 10/19/2026| Return | Correlation | |
|---|---|---|
| ABM | 15.1% | |
| Market (SPY) | 16.0% | 8.3% |
| Sector (XLI) | 9.0% | 23.3% |
Fundamental Drivers
The 37.5% change in ABM stock from 9/30/2023 to 10/19/2026 was primarily driven by a 74.2% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10192026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.38 | 51.41 | 37.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,015 | 9,146 | 14.1% |
| Net Income Margin (%) | 3.0% | 1.8% | -38.6% |
| P/E Multiple | 10.4 | 18.2 | 74.2% |
| Shares Outstanding (Mil) | 66 | 59 | 12.6% |
| Cumulative Contribution | 37.5% |
Market Drivers
9/30/2023 to 10/19/2026| Return | Correlation | |
|---|---|---|
| ABM | 37.5% | |
| Market (SPY) | 85.5% | 33.9% |
| Sector (XLI) | 71.0% | 40.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ABM Return | 10% | 11% | 3% | 16% | -16% | 24% | 52% |
| Peers Return | 31% | 5% | 24% | 41% | 11% | 20% | 219% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| ABM Win Rate | 50% | 75% | 50% | 67% | 42% | 60% | |
| Peers Win Rate | 62% | 42% | 58% | 73% | 50% | 58% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ABM Max Drawdown | -27% | -29% | -20% | -14% | -25% | -21% | |
| Peers Max Drawdown | -13% | -21% | -14% | -13% | -24% | -19% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EME, ARMK, CTAS, RSG, WM. See ABM Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/19/2026 (YTD)
How Low Can It Go
| Event | ABM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -18.9% | -18.8% |
| % Gain to Breakeven | 23.3% | 23.1% |
| Time to Breakeven | 37 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.6% | -9.5% |
| % Gain to Breakeven | 15.8% | 10.5% |
| Time to Breakeven | 97 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.2% | -6.7% |
| % Gain to Breakeven | 19.3% | 7.1% |
| Time to Breakeven | 173 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -47.3% | -33.7% |
| % Gain to Breakeven | 89.8% | 50.9% |
| Time to Breakeven | 87 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -18.8% | -19.2% |
| % Gain to Breakeven | 23.1% | 23.8% |
| Time to Breakeven | 17 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -20.4% | -12.2% |
| % Gain to Breakeven | 25.7% | 13.9% |
| Time to Breakeven | 123 days | 62 days |
In The Past
ABM Industries's stock fell -18.9% during the 2025 US Tariff Shock. Such a loss loss requires a 23.3% gain to breakeven.
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Asset Allocation
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| Event | ABM | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -47.3% | -33.7% |
| % Gain to Breakeven | 89.8% | 50.9% |
| Time to Breakeven | 87 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -20.4% | -12.2% |
| % Gain to Breakeven | 25.7% | 13.9% |
| Time to Breakeven | 123 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -27.0% | -17.9% |
| % Gain to Breakeven | 37.0% | 21.8% |
| Time to Breakeven | 199 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -41.7% | -53.4% |
| % Gain to Breakeven | 71.6% | 114.4% |
| Time to Breakeven | 143 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -23.8% | -8.6% |
| % Gain to Breakeven | 31.2% | 9.5% |
| Time to Breakeven | 369 days | 47 days |
In The Past
ABM Industries's stock fell -18.9% during the 2025 US Tariff Shock. Such a loss loss requires a 23.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About ABM Industries (ABM)
ABM Industries is a global provider of integrated facility solutions, offering a comprehensive suite of services essential for the maintenance and operation of various types of properties. The company operates across the United States and internationally, serving a wide array of clients who need specialized support to keep their facilities running efficiently and effectively.
ABM's core services encompass janitorial, custodial, and landscaping services, alongside more technical offerings like facilities engineering, mechanical and electrical system maintenance, and parking management. They also provide specialized vehicle maintenance for rental car providers. ABM caters to diverse markets through its segments, including business and industry, technology and manufacturing, educational institutions, and the aviation sector, ensuring critical operational support for these distinct environments.
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The ADP of facility management.
IBM Global Services for physical infrastructure.
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- Janitorial Services: Provides cleaning and sanitation solutions for various types of facilities.
- Facilities Engineering: Offers technical management and maintenance for building systems and infrastructure.
- Parking Services: Manages and operates parking facilities, including staffing and revenue control.
- Custodial Services: Delivers general upkeep and cleaning services to maintain facility appearance and hygiene.
- Landscaping and Ground Services: Provides maintenance for outdoor areas, including lawn care, plant management, and groundskeeping.
- Mechanical and Electrical Services: Offers maintenance, repair, and operational services for building mechanical and electrical systems.
- Vehicle Maintenance Services: Provides maintenance and other support services specifically for vehicle fleets, primarily for rental car providers.
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ABM Industries (ABM) sells its integrated facility solutions primarily to other companies, not individuals. The company serves a diverse range of commercial, industrial, institutional, and government clients. Due to this diversified client base, ABM Industries does not typically have customer concentration where a single customer accounts for a significant portion (e.g., 10% or more) of its consolidated revenues. Therefore, specific names of "major customers" (individual companies) are not publicly disclosed.
Instead, ABM Industries serves various sectors, which can be considered its major customer categories:
- Business & Industry: Including general commercial enterprises, offices, and industrial facilities.
- Technology & Manufacturing: Companies within the technology sector and manufacturing plants.
- Education: Public and private educational institutions, from K-12 schools to universities.
- Aviation: Airports, airlines, and related services, such as vehicle maintenance for rental car providers at airports.
- Technical Solutions: Clients requiring specialized mechanical, electrical, and energy efficiency services.
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Scott Salmirs, President and Chief Executive Officer
Scott Salmirs has served as President and Chief Executive Officer of ABM since January 2015. He joined ABM in 2003. Before his tenure at ABM, Salmirs spent over 20 years on the client side of the facilities business, holding leadership positions where he managed the building portfolios for companies such as CBRE, Goldman Sachs, and Lehman Brothers.
David Orr, Executive Vice President and Chief Financial Officer
David Orr was appointed Executive Vice President and Chief Financial Officer of ABM effective June 6, 2025. He has been with ABM since 2001, starting his career in the lighting services division. Prior to becoming CFO, Orr held various roles within the company, including Senior Vice President of Financial Planning and Analysis, where he was key in leading enterprise-wide financial forecasting, budgeting, and strategic financial planning.
Rene Jacobsen, Executive Vice President and Chief Operating Officer
Rene Jacobsen is the Executive Vice President and Chief Operating Officer at ABM, having joined the company in 2012. In this role, he is responsible for the overall operational performance and profitability of all ABM industry groups globally. Before joining ABM, Jacobsen held executive positions for over 30 years in large, complex service organizations within the facility services and integrated facilities management industries across Europe and North America. His previous roles include Executive Vice President and Chief Operating Officer at Temco Service Industries, Inc., and President and Chief Operating Officer of its European division.
Raúl Valentín, Executive Vice President and Chief Human Resources Officer
Raúl Valentín serves as Executive Vice President and Chief Human Resources Officer at ABM, a role he has held since September 2021, after joining ABM in 2019. He leads ABM's global human resources operations, communications, culture and inclusion, and philanthropy for over 100,000 team members. With more than 30 years of human resources and management experience, Valentín has held key HR leadership roles at companies such as Coty, Comcast, Covance Inc., Frito-Lay North America (a division of PepsiCo), and R.H. Macy & Co., Inc. He also serves on the board of Quanta Services Inc.
Miranda Tolar, Executive Vice President, General Counsel
Miranda Tolar was appointed Executive Vice President and General Counsel of ABM, effective January 1, 2025. She oversees the company's legal, compliance, risk, and safety organization. Tolar joined ABM in 2011 and most recently served as Senior Vice President and Deputy General Counsel, where she oversaw litigation and employment law. Prior to her time at ABM, she was a Partner in the labor and employment practice at the law firm Locke Lord LLP.
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- Labor Challenges and Rising Costs: As a labor-intensive service provider, ABM is highly susceptible to risks associated with labor shortages, high employee turnover, and escalating labor costs. A significant portion of its workforce is unionized, further limiting the company's flexibility in managing labor expenses. These factors can directly impact service delivery, operational efficiency, and overall profitability.
- Highly Competitive Market and Pricing Pressures: The facility services industry in which ABM operates is characterized by intense competition and low barriers to entry. This competitive landscape often leads to pricing pressures, which can constrain ABM's ability to gain profitable business and maintain healthy profit margins. The company competes with numerous regional and local firms, as well as clients who may perform services in-house.
- Macroeconomic Headwinds and Reduced Demand: ABM's business is vulnerable to macroeconomic downturns and shifts in market dynamics. Ongoing prevalence of hybrid work models and elevated office vacancy rates, particularly in commercial office spaces, can reduce the demand for its services. Economic slowdowns, high interest rates, and changes in client spending habits can further negatively impact service demand and financial performance across various segments.
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Here are some clear emerging threats for ABM Industries:
- Automation and Robotics in Facility Services: The increasing sophistication and cost-effectiveness of automated cleaning robots (for floors, windows, etc.) and robotic landscaping equipment could significantly reduce the demand for human labor in janitorial, custodial, and landscaping services. This automation has the potential to disrupt ABM's labor-intensive service delivery model and alter client expectations for facility maintenance.
- Disruption to Parking Services from Autonomous Vehicles and Ride-Sharing: The rise of autonomous vehicle fleets and the continued growth of ride-sharing services could lead to a significant decrease in personal car ownership and the overall demand for parking facilities. As vehicle utilization increases and parking needs diminish, a core segment of ABM's business could face substantial pressure.
- Impact of Electric Vehicles (EVs) on Vehicle Maintenance Services: The transition of rental car fleets to electric vehicles will fundamentally alter maintenance requirements. EVs have fewer moving parts, different service schedules, and new specialized repair needs compared to internal combustion engine vehicles. This shift could reduce the volume and change the nature of existing vehicle maintenance services provided by ABM to rental car companies, requiring significant adaptation or potentially leading to reduced revenue in this segment.
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ABM Industries Incorporated provides integrated facility solutions across several key sectors. The addressable markets for its main products and services are substantial, primarily within the United States and globally.
Janitorial and Custodial Services
The global janitorial services market was valued at approximately USD 301.60 billion in 2024 and is projected to reach USD 412.76 billion by 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 4% during this forecast period. In North America, this market is a significant contributor, with the U.S. janitorial service market estimated at over USD 97.6 billion. Another report estimates the U.S. contract cleaning services market reached USD 90.37 billion in 2024 and is projected to attain USD 163.74 billion by 2033, growing at a CAGR of 6.85%.
Facilities Engineering and Maintenance (Mechanical and Electrical Services)
The broader U.S. facility management market, which includes facilities engineering and maintenance, was valued at USD 365.93 billion in 2025 and is estimated to grow to USD 434.16 billion by 2031, with a CAGR of 2.89%. For engineering services globally, the market was valued at USD 3.50 trillion in 2024 and is projected to reach USD 5.51 trillion by 2034, growing at a CAGR of 4.64%. Specifically, the U.S. engineering services market size is estimated to be USD 0.45 trillion in 2026.
Parking Services
The U.S. parking services market is expected to reach USD 30 billion in 2026 and expand to USD 42 billion by 2033, with a CAGR of 4.9%. Within this, the parking management services segment is projected to account for 64% of the U.S. parking services market in 2026. Separately, the U.S. parking management market size was valued at USD 5.20 billion in 2024 and is projected to grow to USD 15.05 billion by 2030, at a CAGR of 20.4%. Globally, the parking management market is valued at USD 6.99 billion in 2025 and is predicted to reach approximately USD 16.60 billion by 2035, growing at a CAGR of 9.03%.
Landscaping and Ground Services
The U.S. landscaping services industry has a market size of USD 188.8 billion in 2025. Other estimates indicate the U.S. landscaping services market size was USD 86.86 billion in 2025 and is projected to reach USD 152.59 billion by 2034, with a CAGR of 6.46% during the 2026-2034 period. Another report states the U.S. landscaping services market is expected to reach a projected revenue of USD 203,803.4 million by 2030, growing at a CAGR of 7.3% from 2023 to 2030.
Vehicle Maintenance and Other Services to Rental Car Providers
The U.S. automotive repair and maintenance service market was around USD 183.4 billion in 2023 and is estimated to grow at a CAGR of 10.1% between 2024 and 2032, reaching USD 473.9 billion by 2032. The maintenance segment alone generated over USD 65.8 billion in 2024. The United States vehicle rental market is estimated at USD 51.13 billion in 2026 and is expected to reach USD 66.72 billion by 2031, at a 5.47% CAGR. The U.S. car rental and leasing market is projected to reach USD 242.43 billion by 2026.
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ABM Industries (ABM) anticipates several key drivers for its future revenue growth over the next two to three years:
- Organic Growth in Key Segments: The company expects robust organic growth, particularly within its Aviation, Technical Solutions, and Manufacturing & Distribution (M&D) segments. In Q1 2026, Aviation revenue grew 10% year-over-year, supported by healthy global travel demand and the ongoing ramp-up of new contract wins, including a significant passenger services contract at Heathrow Airport expected to fully contribute in the second quarter of 2026. M&D revenue increased 7% in Q1 2026, driven by new contract acquisitions in the technology sector and continued client expansions. Technical Solutions saw 14% revenue growth (7% organic) in Q1 2026, fueled by strong demand for electrification-related services and microgrids.
- Strategic Acquisitions: The acquisition of WGNSTAR, which closed after Q1 2026, is a significant driver. This acquisition is projected to add approximately one point of revenue growth for fiscal year 2026, contributing to a total projected growth of 4% to 5%. WGNSTAR strategically enhances ABM's presence and technical capabilities in the rapidly expanding semiconductor fabrication market.
- New Sales Bookings and Client Expansions: ABM reported record new sales bookings of $1.9 billion in fiscal year 2025, representing a 12% increase over the previous year. These diversified bookings provide confidence in the company's growth trajectory for fiscal 2026. The onboarding and ramp-up of large new clients, alongside continued expansions with existing clients, particularly in the technology sector, are expected to fuel future revenue.
- Price Escalations: Price escalations are contributing to revenue growth, as noted in the Business & Industry segment during Q1 2026. This indicates the company's ability to implement price adjustments and manage its contract economics effectively.
- Expansion into High-Growth Service Areas: ABM is strategically positioning itself to move further up the value stream and expand its technical capabilities. This includes focusing on high-growth markets such as semiconductors (supported by the WGNSTAR acquisition) and energy resiliency, as well as expanding services within the education sector, targeting larger universities and multi-campus systems.
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Share Repurchases
- ABM Industries repurchased $121.3 million in fiscal year 2025.
- The company executed share repurchases of $138.1 million in fiscal year 2023 and $97.5 million in fiscal year 2022.
- In fiscal year 2024, ABM repurchased $55.8 million of common stock, with $32.0 million occurring in the fourth quarter.
- As of December 2023, the total share repurchase authorization was increased to $450 million.
Share Issuance
- The number of common shares outstanding decreased over the last few fiscal years, indicating that share repurchases have outweighed any share issuances (e.g., for employee compensation). Common shares outstanding were 65.59 million in fiscal 2021, decreasing to 62.85 million in fiscal 2022, 62.20 million in fiscal 2023, and 60.18 million in fiscal 2024.
Outbound Investments
- In December 2025, ABM acquired WGNSTAR for $275 million, expanding its services in the semiconductor and high-technology industries.
- ABM acquired Quality Uptime Services in June 2024 for $119 million, enhancing its critical power infrastructure maintenance and support offerings.
- Other significant acquisitions include RavenVolt for $170 million in August 2022, focusing on microgrid solutions, and Able Services for $830 million in August 2021, which bolstered engineering and janitorial services.
Capital Expenditures
- ABM Industries reported capital expenditures of $79.3 million in fiscal year 2025.
- Capital expenditures were $59.4 million in fiscal year 2024, $65.0 million in fiscal year 2023, and $52.9 million in fiscal year 2022.
- In fiscal year 2021, the company's capital expenditures amounted to $34.3 million.
Peer Outperformance in Environmental & Facilities Services
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| ABM | ABM Industries | 4.5% | 18.2x | 17.2% | 35.8% | 26.1% | — |
| GEO | GEO | 5.3% | 12.4x | 63.2% | 227.5% | 231.8% | +206pp |
| CLH | Clean Harbors | 5.3% | 38.1x | 33.5% | 101.9% | 183.6% | +158pp |
| RSG | Republic Services | 5.4% | 32.2x | 5.4% | 63.3% | 89.9% | +64pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 30 | -0.2% | 113.7% | 164.2% | STRL 1759% · FIX 1743% · AGX 772% |
| Marine Transportation | 5 | 59.4% | 45.4% | 119.0% | MATX 199% · KEX 146% |
| Construction Machinery & Heavy Transportation Equipment | 13 | -3.1% | 50.6% | 85.7% | CAT 293% · ALSN 241% · WAB 221% |
| Aerospace & Defense | 52 | -10.6% | 55.0% | 63.9% | ATI 1052% · FTAI 783% · HWM 623% |
| Trading Companies & Distributors | 19 | 10.3% | 39.2% | 48.0% | DXPE 455% · AIT 259% · URI 201% |
| Industrial Machinery & Supplies & Components | 72 | 10.5% | 55.8% | 38.1% | CRS 1111% · MLI 468% · SYM 292% |
| Rail Transportation | 7 | 28.5% | 62.3% | 30.6% | CSX 50% · UNP 42% · NSC 31% |
| Cargo Ground Transportation | 16 | 32.6% | 4.2% | 23.4% | XPO 276% · R 209% · ARCB 55% |
| Diversified Support Services | 34 | 14.0% | 28.3% | 23.1% | CXW 227% · OPLN 145% · CACI 119% |
| Building Products | 32 | -11.7% | 11.9% | 19.2% | GFF 332% · TT 182% · JCI 126% |
| Electrical Components & Equipment | 37 | -8.5% | 72.8% | 13.2% | POWL 2005% · BE 944% · VRT 786% |
| Industrial Conglomerates | 17 | 10.8% | 3.6% | -8.5% | CSW 117% · DD 64% · CSL 62% |
| Agricultural & Farm Machinery | 16 | 3.5% | -4.6% | -14.0% | DE 95% · TTC 10% · AGCO -8% |
| Data Processing & Outsourced Services | 6 | -24.2% | -5.0% | -20.6% | EXLS 60% · BR 6% · G -20% |
| Security & Alarm Services | 9 | -58.0% | 12.6% | -24.5% | BCO 77% |
| Office Services & Supplies | 9 | 19.5% | 19.1% | -27.0% | PBI 197% · TILE 140% · HNI 42% |
| Research & Consulting Services | 13 | -2.5% | -19.0% | -29.8% | HURN 253% · FCN 2% · BAH 1% |
| Passenger Ground Transportation | 3 | -24.2% | 62.8% | -32.2% | UBER 49% · CAR -32% · LYFT -66% |
| Environmental & Facilities Services ← | 29 | -32.3% | 24.2% | -32.5% | GEO 232% · CLH 184% · RSG 90% |
| Air Freight & Logistics | 12 | -28.8% | -23.9% | -39.9% | FDX 77% · EXPD 76% · CHRW 60% |
| Passenger Airlines | 11 | -2.5% | 7.6% | -40.2% | LTM 3048% · UAL 107% · DAL 92% |
| Human Resource & Employment Services | 22 | 11.4% | -17.1% | -44.6% | ADP 50% · PAYX 6% · FA 1% |
| Airport Services | 4 | -70.6% | -67.9% | -83.0% | JOBY -49% |
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 219.70 |
| Mkt Cap | 51.2 |
| Rev LTM | 17,744 |
| Op Inc LTM | 2,258 |
| FCF LTM | 1,602 |
| FCF 3Y Avg | 1,488 |
| CFO LTM | 1,862 |
| CFO 3Y Avg | 1,738 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.3% |
| Rev Chg 3Y Avg | 8.7% |
| Rev Chg Q | 7.0% |
| QoQ Delta Rev Chg LTM | 1.7% |
| Op Inc Chg LTM | 12.0% |
| Op Inc Chg 3Y Avg | 12.1% |
| Op Mgn LTM | 14.1% |
| Op Mgn 3Y Avg | 13.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 14.0% |
| CFO/Rev 3Y Avg | 14.5% |
| FCF/Rev LTM | 10.1% |
| FCF/Rev 3Y Avg | 9.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 51.2 |
| P/S | 2.9 |
| P/Op Inc | 19.4 |
| P/EBIT | 19.6 |
| P/E | 35.3 |
| P/CFO | 20.4 |
| Total Yield | 3.8% |
| Dividend Yield | 0.8% |
| FCF Yield 3Y Avg | 3.0% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 4.7% |
| 3M Rtn | 1.6% |
| 6M Rtn | 15.1% |
| 12M Rtn | 10.6% |
| 3Y Rtn | 69.3% |
| 1M Excs Rtn | 4.6% |
| 3M Excs Rtn | 1.0% |
| 6M Excs Rtn | 7.4% |
| 12M Excs Rtn | -3.3% |
| 3Y Excs Rtn | -10.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Business & Industry (B&I) | 4,126 | 4,059 | 4,089 | 4,096 | 2,854 |
| Manufacturing & Distribution (M&D) | 1,619 | 1,554 | 1,527 | 1,445 | 1,363 |
| Aviation | 1,119 | 1,033 | 926 | 804 | 651 |
| Technical Solutions | 961 | 809 | 674 | 627 | 530 |
| Education | 922 | 904 | 880 | 835 | 831 |
| Total | 8,746 | 8,359 | 8,096 | 7,807 | 6,229 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Business & Industry (B&I) | 317 | 307 | 316 | 335 | 286 |
| Manufacturing & Distribution (M&D) | 151 | 166 | 162 | 162 | 156 |
| Technical Solutions | 86 | 69 | 53 | 64 | 49 |
| Education | 68 | 55 | 50 | 47 | 62 |
| Aviation | 65 | 59 | 60 | 29 | 32 |
| Adjustment for tax deductions for energy efficient government buildings, included in Technical | -1 | -6 | 0 | -2 | -1 |
| Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions | -5 | -6 | -4 | ||
| Corporate | -370 | -433 | -227 | -284 | -375 |
| Adjustment for tax credits for enrgy efficient government buildings, included in Technical Solutions | -1 | ||||
| Government Services | 0 | -0 | |||
| Adjustment for income from unconsolidated affiliates, included in Aviation | -2 | ||||
| Total | 312 | 212 | 410 | 349 | 206 |
| $ Mil | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Janitorial | 983 | 959 | 953 | 883 | 864 |
| Building & Energy Solutions | 401 | 383 | 335 | 296 | |
| Other | 267 | 234 | 224 | 236 | |
| Corporate | 223 | 229 | 225 | 238 | 275 |
| Facility Services | 202 | 196 | 199 | 211 | |
| Parking | 160 | 149 | 141 | 142 | 154 |
| Assets held for sale | 44 | ||||
| Security | 116 | 113 | 111 | ||
| Facility Solutions | 465 | ||||
| Total | 2,281 | 2,150 | 2,193 | 2,119 | 1,869 |
Price Behavior
| Market Price | $51.41 | |
| Market Cap ($ Bil) | 3.0 | |
| First Trading Date | 07/19/1984 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $48.49 | $43.89 |
| DMA Trend | up | up |
| Distance from DMA | 6.0% | 17.1% |
| 3M | 1YR | |
| Volatility | 22.9% | 28.1% |
| Downside Capture | -39.05 | 17.96 |
| Upside Capture | 16.86 | 33.88 |
| Correlation (S&P 500) | -9.7% | 7.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.14 | 0.14 | -0.18 | -0.21 | 0.20 | 0.67 |
| Up Beta | -1.14 | -0.08 | -1.05 | -0.16 | 0.06 | 0.70 |
| Down Beta | -0.09 | -0.11 | -0.40 | -1.08 | 0.11 | 0.69 |
| Up Capture | 3% | 22% | 31% | 23% | 22% | 29% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 10 | 19 | 35 | 67 | 133 | 386 |
| Down Capture | -18% | 31% | -15% | -40% | 34% | 86% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 12 | 23 | 29 | 59 | 118 | 360 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABM | |
|---|---|---|---|---|
| ABM | 18.2% | 28.1% | 0.58 | - |
| Sector ETF (XLI) | 11.0% | 17.2% | 0.43 | 22.1% |
| Equity (SPY) | 17.1% | 12.7% | 0.95 | 6.6% |
| Gold (GLD) | -4.2% | 29.3% | -0.15 | -0.2% |
| Commodities (DBC) | 52.6% | 20.7% | 1.93 | -14.3% |
| Real Estate (VNQ) | 3.9% | 13.7% | 0.03 | 38.2% |
| Bitcoin (BTCUSD) | -24.8% | 43.7% | -0.53 | -4.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABM | |
|---|---|---|---|---|
| ABM | 4.5% | 30.9% | 0.18 | - |
| Sector ETF (XLI) | 12.4% | 17.6% | 0.53 | 47.5% |
| Equity (SPY) | 13.5% | 17.1% | 0.60 | 41.1% |
| Gold (GLD) | 18.3% | 18.9% | 0.78 | 6.5% |
| Commodities (DBC) | 9.8% | 19.5% | 0.38 | 5.9% |
| Real Estate (VNQ) | 1.3% | 18.8% | -0.04 | 45.2% |
| Bitcoin (BTCUSD) | 7.2% | 51.8% | 0.32 | 15.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABM | |
|---|---|---|---|---|
| ABM | 4.9% | 33.9% | 0.23 | - |
| Sector ETF (XLI) | 13.1% | 20.0% | 0.57 | 55.2% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 50.9% |
| Gold (GLD) | 12.2% | 16.4% | 0.61 | 3.8% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 16.9% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 48.1% |
| Bitcoin (BTCUSD) | 63.0% | 66.2% | 1.03 | 14.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 10/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/8/2026 | 7.5% | 5.4% | 3.5% |
| 6/5/2026 | 6.7% | 15.7% | 14.0% |
| 3/10/2026 | -4.6% | -11.6% | -9.1% |
| 12/17/2025 | 5.5% | -8.7% | -0.4% |
| 9/5/2025 | 0.3% | -2.7% | -2.6% |
| 6/6/2025 | -9.1% | -9.6% | -4.1% |
| 3/12/2025 | -8.7% | -5.9% | -8.6% |
| 12/18/2024 | -8.4% | -7.4% | -1.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 7 | 7 |
| # Negative | 13 | 17 | 17 |
| Median Positive | 6.3% | 5.4% | 5.8% |
| Median Negative | -8.4% | -7.4% | -6.4% |
| Max Positive | 17.9% | 15.7% | 14.0% |
| Max Negative | -13.6% | -17.7% | -12.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/8/2026 | 7.5% | 5.4% | 3.5% |
| 6/5/2026 | 6.7% | 15.7% | 14.0% |
| 3/10/2026 | -4.6% | -11.6% | -9.1% |
| 12/17/2025 | 5.5% | -8.7% | -0.4% |
| 9/5/2025 | 0.3% | -2.7% | -2.6% |
| 6/6/2025 | -9.1% | -9.6% | -4.1% |
| 3/12/2025 | -8.7% | -5.9% | -8.6% |
| 12/18/2024 | -8.4% | -7.4% | -1.5% |
| 9/6/2024 | -8.6% | -12.0% | -8.2% |
| 6/6/2024 | 1.3% | 7.3% | 4.3% |
| 3/7/2024 | 6.3% | 3.5% | 8.2% |
| 12/13/2023 | 17.9% | 5.1% | -4.7% |
| 9/7/2023 | -13.6% | -10.3% | -8.6% |
| 6/6/2023 | 7.1% | -1.5% | -6.4% |
| 3/8/2023 | -0.8% | -6.9% | -9.0% |
| 12/13/2022 | -3.1% | -1.3% | 2.1% |
| 9/9/2022 | -0.1% | -10.6% | -11.6% |
| 6/8/2022 | -11.7% | -17.7% | -11.9% |
| 3/8/2022 | 6.2% | 1.2% | 5.8% |
| 12/15/2021 | -11.0% | -12.0% | -1.9% |
| 9/8/2021 | -2.9% | -1.6% | -1.5% |
| 6/8/2021 | -0.8% | -1.9% | -12.6% |
| 3/9/2021 | 7.2% | 8.6% | 10.3% |
| 12/16/2020 | 0.7% | -5.3% | -1.0% |
| SUMMARY STATS | |||
| # Positive | 11 | 7 | 7 |
| # Negative | 13 | 17 | 17 |
| Median Positive | 6.3% | 5.4% | 5.8% |
| Median Negative | -8.4% | -7.4% | -6.4% |
| Max Positive | 17.9% | 15.7% | 14.0% |
| Max Negative | -13.6% | -17.7% | -12.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/08/2026 | 10-Q |
| 04/30/2026 | 06/05/2026 | 10-Q |
| 01/31/2026 | 03/10/2026 | 10-Q |
| 10/31/2025 | 12/19/2025 | 10-K |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 03/12/2025 | 10-Q |
| 10/31/2024 | 12/19/2024 | 10-K |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/06/2024 | 10-Q |
| 01/31/2024 | 03/07/2024 | 10-Q |
| 10/31/2023 | 12/18/2023 | 10-K |
| 07/31/2023 | 09/07/2023 | 10-Q |
| 04/30/2023 | 06/07/2023 | 10-Q |
| 01/31/2023 | 03/08/2023 | 10-Q |
| 10/31/2022 | 12/21/2022 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/08/2026 | 10-Q |
| 04/30/2026 | 06/05/2026 | 10-Q |
| 01/31/2026 | 03/10/2026 | 10-Q |
| 10/31/2025 | 12/19/2025 | 10-K |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 03/12/2025 | 10-Q |
| 10/31/2024 | 12/19/2024 | 10-K |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/06/2024 | 10-Q |
| 01/31/2024 | 03/07/2024 | 10-Q |
| 10/31/2023 | 12/18/2023 | 10-K |
| 07/31/2023 | 09/07/2023 | 10-Q |
| 04/30/2023 | 06/07/2023 | 10-Q |
| 01/31/2023 | 03/08/2023 | 10-Q |
| 10/31/2022 | 12/21/2022 | 10-K |
| 07/31/2022 | 09/09/2022 | 10-Q |
| 04/30/2022 | 06/09/2022 | 10-Q |
| 01/31/2022 | 03/09/2022 | 10-Q |
| 10/31/2021 | 12/22/2021 | 10-K |
| 07/31/2021 | 09/09/2021 | 10-Q |
| 04/30/2021 | 06/09/2021 | 10-Q |
| 01/31/2021 | 03/10/2021 | 10-Q |
| 10/31/2020 | 12/17/2020 | 10-K |
| 07/31/2020 | 09/09/2020 | 10-Q |
| 04/30/2020 | 06/18/2020 | 10-Q |
| 01/31/2020 | 03/05/2020 | 10-Q |
| 10/31/2019 | 12/20/2019 | 10-K |
Recent Forward Guidance
Updated 10/4/2026Latest: Q3 2026 Earnings Reported 9/8/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Cash Provided by Operating Activities | Reported | 300.00 Mil | Raised | |||||
| 2026 Organic Revenue Growth | Reported | 3.0% | 3.5% | 4.0% | -0.5% | Affirmed | Guidance: 4.0% for 2026 | |
| 2026 Total Revenue Growth | Reported | 4.0% | 4.5% | 5.0% | -0.5% | Affirmed | Guidance: 5.0% for 2026 | |
| 2026 Segment Operating Margin | Reported | 7.7% | 7.75% | 7.8% | -0.0% | Lowered | Guidance: 7.8% for 2026 | |
| 2026 Interest Expense | Reported | 110.00 Mil | 0.0% | Affirmed | Guidance: 110.00 Mil for 2026 | |||
| 2026 Normalized Tax Rate | Reported | 29.0% | 29.5% | 30.0% | 0.0% | Affirmed | Guidance: 29.5% for 2026 | |
| 2026 Adjusted EPS | Reported | 3.95 | 4.03 | 4.1 | 0.6% | Raised | Guidance: 4 for 2026 | |
| 2026 Free Cash Flow | Reported | 210.00 Mil | 13.5% | Raised | ||||
Prior: Q2 2026 Earnings Reported 6/5/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Total Leverage Ratio | Reported | 3 | ||||||
| 2026 Organic Revenue Growth | Reported | 3.0% | 4.0% | 0.5% | Raised | Guidance: 3.5% for 2026 | ||
| 2026 Total Revenue Growth | Reported | 4.0% | 5.0% | 0.5% | Raised | Guidance: 4.5% for 2026 | ||
| 2026 Segment Operating Margin | Reported | 7.8% | 7.8% | -0.1% | Lowered | Guidance: 7.9% for 2026 | ||
| 2026 Interest Expense | Reported | 110.00 Mil | 10.0% | Raised | Guidance: 100.00 Mil for 2026 | |||
| 2026 Normalized Tax Rate | Reported | 29.0% | 29.5% | 0.0% | Affirmed | Guidance: 29.5% for 2026 | ||
| 2026 EPS | Reported | 3.85 | 4 | 0.0% | Affirmed | Guidance: 4 for 2026 | ||
Q1 2026 Earnings Reported 3/10/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Organic Revenue Growth | Reported | 3.0% | 3.5% | 4.0% | 0.0% | Affirmed | Guidance: 3.5% for 2026 | |
| 2026 Total Revenue Growth | Reported | 4.0% | 4.5% | 5.0% | 0.0% | Affirmed | Guidance: 4.5% for 2026 | |
| 2026 Segment Operating Margin | Reported | 7.8% | 7.9% | 8.0% | 0.0% | Affirmed | Guidance: 7.9% for 2026 | |
| 2026 Interest Expense | Reported | 95.00 Mil | 100.00 Mil | 105.00 Mil | 0.0% | Affirmed | Guidance: 100.00 Mil for 2026 | |
| 2026 Normalized Tax Rate | Reported | 29.0% | 29.5% | 30.0% | 0.0% | Affirmed | Guidance: 29.5% for 2026 | |
| 2026 Adjusted EPS | Reported | 3.85 | 4 | 4.15 | Affirmed | Guidance: 4 for 2026 | ||
Q4 2025 Earnings Reported 12/17/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue Growth | Reported | 3.0% | 3.5% | 4.0% | ||||
| 2026 Total Revenue Growth | Reported | 4.0% | 4.5% | 5.0% | ||||
| 2026 Operating Margin | Reported | 7.8% | 7.9% | 8.0% | 1.5% | Higher New | Actual: 6.4% for 2025 | |
| 2026 Interest Expense | Reported | 95.00 Mil | 100.00 Mil | 105.00 Mil | ||||
| 2026 Tax Rate | Reported | 29.0% | 29.5% | 30.0% | ||||
| 2026 EPS | Reported | 3.85 | 4 | 4.15 | 9.6% | Higher New | Actual: 3.65 for 2025 | |
Insider Activity
Updated 7/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Valentin, Raul Javier | EVP and CHRO | Direct | Sell | 7172026 | 48.00 | 1,639 | 78,672 | 2,353,728 | Form |
| 2 | Chin, Dean A | SVP - Chief Accounting Officer | Direct | Sell | 7152026 | 45.31 | 3,958 | 179,346 | 769,992 | Form |
| 3 | Salmirs, Scott B | President and CEO | Direct | Sell | 6122026 | 46.34 | 50,000 | 2,317,012 | 18,317,603 | Form |
| 4 | Jacobsen, Rene | EVP & Chief Operating Officer | Direct | Sell | 2102026 | 47.23 | 9,339 | 441,063 | 1,965,917 | Form |
| 5 | Jacobsen, Rene | EVP & Chief Operating Officer | Direct | Sell | 1152026 | 44.12 | 31,034 | 1,369,319 | 2,281,787 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Valentin, Raul Javier | EVP and CHRO | Direct | Sell | 7172026 | 48.00 | 1,639 | 78,672 | 2,353,728 | Form |
| 2 | Chin, Dean A | SVP - Chief Accounting Officer | Direct | Sell | 7152026 | 45.31 | 3,958 | 179,346 | 769,992 | Form |
| 3 | Salmirs, Scott B | President and CEO | Direct | Sell | 6122026 | 46.34 | 50,000 | 2,317,012 | 18,317,603 | Form |
| 4 | Jacobsen, Rene | EVP & Chief Operating Officer | Direct | Sell | 2102026 | 47.23 | 9,339 | 441,063 | 1,965,917 | Form |
| 5 | Jacobsen, Rene | EVP & Chief Operating Officer | Direct | Sell | 1152026 | 44.12 | 31,034 | 1,369,319 | 2,281,787 | Form |
| 6 | Chin, Dean A | SVP - Chief Accounting Officer | Direct | Sell | 10032025 | 46.25 | 3,567 | 164,974 | 703,786 | Form |
| 7 | Jacobsen, Rene | EVP & Chief Operating Officer | Direct | Sell | 7092025 | 48.03 | 17,250 | 828,571 | 3,422,647 | Form |
Investor Activity (13F)
Updated Oct 20, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
ABM Industries — Investor Video Playlist
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Environmental & Facilities Services Resources |
| Waste360 |
| Waste Dive |
| FacilitiesNet |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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