Tearsheet

ABM Industries (ABM)


Market Price (4/18/2026): $40.34 | Market Cap: $2.4 Bil
Sector: Industrials | Industry: Environmental & Facilities Services

ABM Industries (ABM)


Market Price (4/18/2026): $40.34
Market Cap: $2.4 Bil
Sector: Industrials
Industry: Environmental & Facilities Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 2.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1%, FCF Yield is 13%

Low stock price volatility
Vol 12M is 28%

Megatrend and thematic drivers
Megatrends include Smart Buildings & Proptech, Sustainable & Green Buildings, and Electrification of Everything. Themes include Building Management Systems, Show more.

Weak multi-year price returns
2Y Excs Rtn is -42%, 3Y Excs Rtn is -76%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67%

Key risks
ABM key risks include [1] reduced service demand from ongoing softness in the commercial real estate market driven by hybrid work, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 2.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1%, FCF Yield is 13%
1 Low stock price volatility
Vol 12M is 28%
2 Megatrend and thematic drivers
Megatrends include Smart Buildings & Proptech, Sustainable & Green Buildings, and Electrification of Everything. Themes include Building Management Systems, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -42%, 3Y Excs Rtn is -76%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67%
5 Key risks
ABM key risks include [1] reduced service demand from ongoing softness in the commercial real estate market driven by hybrid work, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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ABM Industries (ABM) stock has lost about 5% since 12/31/2025 because of the following key factors:

1. ABM Industries reported adjusted earnings per share (EPS) of $0.83 for its fiscal first quarter ended January 31, 2026, missing the Zacks Consensus Estimate of $0.87 per share by approximately 4.92% ($0.04).

2. Despite a 6.1% year-over-year revenue increase to $2.2 billion, the company experienced profitability challenges, with net income declining to $38.8 million from $43.6 million in the prior-year period. Show more
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Stock Movement Drivers

Fundamental Drivers

The -3.3% change in ABM stock from 12/31/2025 to 4/18/2026 was primarily driven by a -4.4% change in the company's Net Income Margin (%).
(LTM values as of)123120254182026Change
Stock Price ($)41.7140.34-3.3%
Change Contribution By: 
Total Revenues ($ Mil)8,7468,8751.5%
Net Income Margin (%)1.9%1.8%-4.4%
P/E Multiple15.815.4-2.1%
Shares Outstanding (Mil)61601.8%
Cumulative Contribution-3.3%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/18/2026
ReturnCorrelation
ABM-3.3% 
Market (SPY)-5.4%36.5%
Sector (XLI)11.9%48.8%

Fundamental Drivers

The -10.8% change in ABM stock from 9/30/2025 to 4/18/2026 was primarily driven by a -36.7% change in the company's P/E Multiple.
(LTM values as of)93020254182026Change
Stock Price ($)45.2240.34-10.8%
Change Contribution By: 
Total Revenues ($ Mil)8,6288,8752.9%
Net Income Margin (%)1.3%1.8%32.2%
P/E Multiple24.415.4-36.7%
Shares Outstanding (Mil)62603.6%
Cumulative Contribution-10.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/18/2026
ReturnCorrelation
ABM-10.8% 
Market (SPY)-2.9%19.9%
Sector (XLI)12.9%30.9%

Fundamental Drivers

The -12.2% change in ABM stock from 3/31/2025 to 4/18/2026 was primarily driven by a -56.9% change in the company's P/E Multiple.
(LTM values as of)33120254182026Change
Stock Price ($)45.9340.34-12.2%
Change Contribution By: 
Total Revenues ($ Mil)8,4058,8755.6%
Net Income Margin (%)1.0%1.8%85.6%
P/E Multiple35.815.4-56.9%
Shares Outstanding (Mil)63604.0%
Cumulative Contribution-12.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/18/2026
ReturnCorrelation
ABM-12.1% 
Market (SPY)16.3%44.1%
Sector (XLI)33.8%48.0%

Fundamental Drivers

The -3.7% change in ABM stock from 3/31/2023 to 4/18/2026 was primarily driven by a -27.6% change in the company's Net Income Margin (%).
(LTM values as of)33120234182026Change
Stock Price ($)41.8740.34-3.7%
Change Contribution By: 
Total Revenues ($ Mil)7,8628,87512.9%
Net Income Margin (%)2.5%1.8%-27.6%
P/E Multiple14.415.47.2%
Shares Outstanding (Mil)666010.0%
Cumulative Contribution-3.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/18/2026
ReturnCorrelation
ABM-3.6% 
Market (SPY)63.3%38.4%
Sector (XLI)78.8%43.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ABM Return10%11%3%16%-16%-5%17%
Peers Return31%5%24%41%11%9%192%
S&P 500 Return27%-19%24%23%16%3%87%

Monthly Win Rates [3]
ABM Win Rate50%75%50%67%42%50% 
Peers Win Rate62%42%58%73%50%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ABM Max Drawdown-2%-6%-12%-11%-20%-11% 
Peers Max Drawdown-9%-20%-8%-2%-9%-3% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[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 4/17/2026 (YTD)

How Low Can It Go

Unique KeyEventABMS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-29.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven41.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven659 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven98.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven232 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-42.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven72.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven803 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-61.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven158.1%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,179 days1,480 days

Compare to EME, ARMK, CTAS, RSG, WM

In The Past

ABM Industries's stock fell -29.3% during the 2022 Inflation Shock from a high on 4/22/2022. A -29.3% loss requires a 41.5% gain to breakeven.

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About ABM Industries (ABM)

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was incorporated in 1985 and is based in New York, New York.

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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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ABM Industries (symbol: ABM) faces several key risks to its business operations and financial performance:
  • 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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

Better Bets vs. ABM Industries (ABM)

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ABMEMEARMKCTASRSGWMMedian
NameABM Indu.EMCOR Aramark Cintas Republic.Waste Ma. 
Mkt Price40.34805.0145.26179.20207.66224.35193.43
Mkt Cap2.436.011.971.764.390.450.2
Rev LTM8,87516,98618,78611,02716,59125,20416,789
Op Inc LTM3261,5697922,5313,3234,6072,050
FCF LTM3271,1892341,7942,4092,8161,492
FCF 3Y Avg2161,1152201,7062,1592,2661,410
CFO LTM4031,3027262,2074,2966,0431,755
CFO 3Y Avg2791,2036642,1153,9505,3841,659

Growth & Margins

ABMEMEARMKCTASRSGWMMedian
NameABM Indu.EMCOR Aramark Cintas Republic.Waste Ma. 
Rev Chg LTM5.6%16.6%7.1%8.7%3.5%14.2%7.9%
Rev Chg 3Y Avg4.1%15.3%11.4%8.6%7.1%8.6%8.6%
Rev Chg Q6.1%19.7%6.1%8.9%2.2%7.1%6.6%
QoQ Delta Rev Chg LTM1.5%4.6%1.5%2.2%0.5%1.7%1.6%
Op Inc Chg LTM51.4%16.6%4.7%9.6%3.1%11.0%10.3%
Op Inc Chg 3Y Avg11.6%41.7%24.3%13.4%11.4%10.4%12.5%
Op Mgn LTM3.7%9.2%4.2%23.0%20.0%18.3%13.8%
Op Mgn 3Y Avg3.8%8.5%4.1%22.3%19.6%18.6%13.5%
QoQ Delta Op Mgn LTM-0.0%-0.2%-0.1%-0.0%-0.1%0.6%-0.1%
CFO/Rev LTM4.5%7.7%3.9%20.0%25.9%24.0%13.8%
CFO/Rev 3Y Avg3.3%8.2%3.7%20.8%24.9%23.8%14.5%
FCF/Rev LTM3.7%7.0%1.2%16.3%14.5%11.2%9.1%
FCF/Rev 3Y Avg2.5%7.6%1.2%16.7%13.6%10.0%8.8%

Valuation

ABMEMEARMKCTASRSGWMMedian
NameABM Indu.EMCOR Aramark Cintas Republic.Waste Ma. 
Mkt Cap2.436.011.971.764.390.450.2
P/S0.32.10.66.53.93.62.9
P/Op Inc7.522.915.028.319.419.619.5
P/EBIT7.720.815.028.320.320.820.5
P/E15.428.337.637.030.133.431.7
P/CFO6.027.616.432.515.015.015.7
Total Yield9.2%3.7%3.6%3.6%4.5%4.5%4.1%
Dividend Yield2.7%0.1%1.0%0.9%1.1%1.5%1.1%
FCF Yield 3Y Avg7.9%6.2%2.3%2.3%3.6%2.8%3.2%
D/E0.70.00.60.00.20.30.2
Net D/E0.7-0.00.50.00.20.30.2

Returns

ABMEMEARMKCTASRSGWMMedian
NameABM Indu.EMCOR Aramark Cintas Republic.Waste Ma. 
1M Rtn8.4%7.2%15.6%-1.4%-6.6%-4.1%2.9%
3M Rtn-10.2%15.3%14.6%-8.1%-1.3%1.8%0.3%
6M Rtn-9.2%17.0%17.6%-4.3%-5.0%4.9%0.3%
12M Rtn-10.0%112.9%42.3%-12.2%-13.7%-1.4%-5.7%
3Y Rtn0.6%420.2%84.5%62.0%56.3%42.3%59.1%
1M Excs Rtn0.9%1.6%6.0%-10.9%-13.8%-11.6%-5.0%
3M Excs Rtn-12.4%15.5%13.8%-10.8%-3.8%-0.2%-2.0%
6M Excs Rtn-16.5%9.9%7.6%-10.8%-12.3%-1.0%-5.9%
12M Excs Rtn-44.1%74.9%8.3%-45.2%-46.4%-33.7%-38.9%
3Y Excs Rtn-75.5%350.7%10.8%-12.1%-17.2%-32.3%-14.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Business & Industry (B&I)4,0594,0894,0962,8543,158
Manufacturing & Distribution (M&D)1,5541,5271,4451,363956
Aviation1,033926804651681
Education904880835831809
Technical Solutions809674627530507
Elimination of inter-segment revenues    -122
Total8,3598,0967,8076,2295,988


Operating Income by Segment
$ Mil20252024202320222021
Business & Industry (B&I)307316335286254
Manufacturing & Distribution (M&D)16616216215684
Technical Solutions6953644910
Aviation59602932-60
Education55504762-41
Adjustment for tax credits for energy efficient government buildings, included in Technical Solutions-6-4-1-1-2
Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions-6    
Corporate-433-227-284-375-147
Adjustment for tax credits for enrgy efficient government buildings, included in Technical Solutions 0   
Government Services 0-0-0-0
Adjustment for income from unconsolidated affiliates, included in Aviation  -2-2-2
Total21241034920696


Price Behavior

Price Behavior
Market Price$40.35 
Market Cap ($ Bil)2.4 
First Trading Date07/19/1984 
Distance from 52W High-21.5% 
   50 Days200 Days
DMA Price$41.29$43.95
DMA Trenddowndown
Distance from DMA-2.3%-8.2%
 3M1YR
Volatility28.3%28.4%
Downside Capture0.340.47
Upside Capture26.3056.16
Correlation (SPY)32.8%30.4%
ABM Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.750.890.860.500.720.79
Up Beta-0.19-0.120.220.140.730.78
Down Beta0.361.571.180.610.550.73
Up Capture16%33%65%28%54%43%
Bmk +ve Days7162765139424
Stock +ve Days8183066124381
Down Capture146%119%97%76%101%98%
Bmk -ve Days12233358110323
Stock -ve Days14243259126360

[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-12.1%28.4%-0.46-
Sector ETF (XLI)39.0%15.4%1.9337.9%
Equity (SPY)21.1%12.9%1.3231.6%
Gold (GLD)50.9%27.5%1.493.7%
Commodities (DBC)25.2%16.2%1.40-6.1%
Real Estate (VNQ)17.5%13.7%0.9341.4%
Bitcoin (BTCUSD)-7.8%42.6%-0.0813.4%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ABM
ABM-3.4%30.9%-0.07-
Sector ETF (XLI)13.1%17.3%0.6051.6%
Equity (SPY)10.8%17.1%0.4944.7%
Gold (GLD)22.6%17.8%1.049.9%
Commodities (DBC)11.6%18.8%0.5112.6%
Real Estate (VNQ)4.4%18.8%0.1444.7%
Bitcoin (BTCUSD)5.2%56.5%0.3116.2%

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
ABM4.4%33.7%0.22-
Sector ETF (XLI)14.2%19.9%0.6356.5%
Equity (SPY)14.0%17.9%0.6752.5%
Gold (GLD)14.3%15.9%0.754.6%
Commodities (DBC)8.5%17.6%0.4019.7%
Real Estate (VNQ)5.6%20.7%0.2448.1%
Bitcoin (BTCUSD)68.4%66.9%1.0714.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity1.8 Mil
Short Interest: % Change Since 3152026-21.6%
Average Daily Volume0.8 Mil
Days-to-Cover Short Interest2.2 days
Basic Shares Quantity60.3 Mil
Short % of Basic Shares2.9%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/10/2026-4.6%-11.6%-9.1%
12/17/20255.5%-8.7%-0.4%
9/5/20250.3%-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%
6/6/20241.3%7.3%4.3%
...
SUMMARY STATS   
# Positive1177
# Negative131717
Median Positive6.2%5.1%5.8%
Median Negative-8.4%-7.4%-6.4%
Max Positive20.0%9.3%11.5%
Max Negative-13.6%-17.7%-12.6%

SEC Filings

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Report DateFiling DateFiling
01/31/202603/10/202610-Q
10/31/202512/19/202510-K
07/31/202509/05/202510-Q
04/30/202506/06/202510-Q
01/31/202503/12/202510-Q
10/31/202412/19/202410-K
07/31/202409/06/202410-Q
04/30/202406/06/202410-Q
01/31/202403/07/202410-Q
10/31/202312/18/202310-K
07/31/202309/07/202310-Q
04/30/202306/07/202310-Q
01/31/202303/08/202310-Q
10/31/202212/21/202210-K
07/31/202209/09/202210-Q
04/30/202206/09/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 3/10/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Organic Revenue Growth3.0%3.5%4.0%0 AffirmedGuidance: 3.5% for 2026
2026 Total Revenue Growth4.0%4.5%5.0%0 AffirmedGuidance: 4.5% for 2026
2026 Segment Operating Margin7.8%7.9%8.0%0 AffirmedGuidance: 7.9% for 2026
2026 Adjusted EPS3.8544.150 AffirmedGuidance: 4 for 2026
2026 Interest Expense95.00 Mil100.00 Mil105.00 Mil0 AffirmedGuidance: 100.00 Mil for 2026
2026 Normalized Tax Rate29.0%29.5%30.0%0 AffirmedGuidance: 29.5% for 2026

Prior: Q4 2025 Earnings Reported 12/17/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth3.0%3.5%4.0%   
2026 Total Revenue Growth4.0%4.5%5.0%   
2026 Operating Margin7.8%7.9%8.0%   
2026 EPS3.8544.15   
2026 Interest Expense95.00 Mil100.00 Mil105.00 Mil   
2026 Tax Rate29.0%29.5%30.0%   

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Chin, Dean ASVP - Chief Accounting OfficerDirectSell1003202546.253,567164,974703,786Form
2Jacobsen, ReneEVP & Chief Operating OfficerDirectSell709202548.0317,250828,5713,422,647Form
3Gartland, Thomas M DirectSell616202545.523,711168,9061,409,053Form
4Salmirs, Scott BPresident and CEODirectSell516202552.3737,0651,941,20919,360,031Form
5Salmirs, Scott BPresident and CEODirectSell514202552.0980041,67421,819,256Form