ABM Industries Financials

ABM Stock  USD 56.38  0.80  1.44%   
Based on the key indicators related to ABM Industries' liquidity, profitability, solvency, and operating efficiency, ABM Industries Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, ABM Industries' Net Debt is very stable compared to the past year. As of the 22nd of November 2024, Retained Earnings is likely to grow to about 1.5 B, though Non Currrent Assets Other are likely to grow to (66.1 M). Key indicators impacting ABM Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0140.0279
Way Down
Slightly volatile
Return On Assets0.05040.0586
Fairly Down
Slightly volatile
Return On Equity0.110.16
Way Down
Slightly volatile
Debt Equity Ratio0.690.66
Sufficiently Up
Slightly volatile
Operating Income494.5 M470.9 M
Sufficiently Up
Slightly volatile
Current Ratio1.931.62
Fairly Up
Pretty Stable
Investors should never underestimate ABM Industries' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ABM Industries' cash flow, debt, and profitability to make informed and accurate decisions about investing in ABM Industries Incorporated.

Cash And Equivalents

116.9 Million

  
Understanding current and past ABM Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ABM Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in ABM Industries' assets may result in an increase in income on the income statement.

ABM Industries Stock Summary

ABM Industries competes with Cass Information, First Advantage, Rentokil Initial, CBIZ, and Civeo Corp. ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company was incorporated in 1985 and is based in New York, New York. ABM Industries operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 124000 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0009571003
CUSIP000957100
LocationNew York; U.S.A
Business AddressOne Liberty Plaza,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.abm.com
Phone212 297 0200
CurrencyUSD - US Dollar

ABM Industries Key Financial Ratios

ABM Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.4B4.9B4.9B5.7B6.0B
Other Current Liab507.9M791.9M612.2M543.6M625.1M656.4M
Net Debt491.9M969.8M1.3B1.4B1.6B1.7B
Retained Earnings806.4M880.2M1.1B1.2B1.4B1.5B
Net Receivables906.4M1.2B1.4B1.5B1.7B1.8B
Inventory85.4M88.7M82.1M78.5M90.3M94.8M
Other Current Assets141.3M148.8M133.7M137M157.6M165.4M
Total Liab2.3B2.8B3.2B3.1B3.6B3.8B
Total Current Assets1.4B1.4B1.6B1.7B2.0B2.1B
Short Term Debt154M68.2M214.6M67.1M77.2M54.5M
Intangible Assets239.7M424.8M378.5M302.9M348.3M365.8M
Accounts Payable273.3M289.4M315.5M299.1M344.0M361.2M
Other Liab537M571.8M601.3M526.2M605.1M364.0M
Long Term Debt603M852.8M1.1B1.3B1.5B1.5B
Good Will1.7B2.2B2.5B2.5B2.9B3.0B
Net Tangible Assets(410.8M)(1.0B)1.3B(994.3M)(894.9M)(850.1M)
Long Term Debt Total744.2M605.8M852.8M1.1B1.2B1.3B
Capital Surpluse708.9M724.1M750.9M675.5M776.8M519.1M

ABM Industries Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense44.6M28.6M41.1M82.3M94.6M99.4M
Total Revenue6.0B6.2B7.8B8.1B9.3B9.8B
Gross Profit830.6M970.4M1.0B982.3M1.1B1.2B
Operating Income278.3M206.3M348.8M409.5M470.9M494.5M
Ebit278.3M206.3M348.8M413.4M475.4M499.2M
Ebitda326.7M253.4M423.2M534.1M614.2M644.9M
Cost Of Revenue5.2B5.3B6.8B7.1B8.2B8.6B
Income Before Tax53.3M179.8M310M331.1M380.8M399.8M
Net Income200K126.3M230.4M251.3M289.0M303.4M
Income Tax Expense53.1M53.5M79.6M79.7M91.7M96.2M
Tax Provision53.1M53.5M79.6M79.7M91.7M96.2M
Interest Income48.1M42.4M26.5M38.7M44.5M31.0M
Net Interest Income(44.6M)(28.6M)(41.1M)(82.3M)(74.1M)(70.4M)

ABM Industries Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(19.9M)(141.4M)124.5M41.4M47.6M50.0M
Change In Cash335.7M(331.4M)10.2M(3.5M)(3.2M)(3.0M)
Free Cash Flow419.5M280M(30.4M)190.7M219.3M230.3M
Depreciation96.4M89.9M112.4M120.7M138.8M145.7M
Other Non Cash Items204.2M3.3M(13.6M)(44.2M)(50.8M)(48.3M)
Dividends Paid49.3M51M51.9M57.5M66.1M69.4M
Capital Expenditures38M34.3M50.8M52.6M60.5M63.5M
Net Income200K126.3M230.4M251.3M289.0M303.4M
Change To Netincome187.8M188M(210M)(18.6M)(21.4M)(20.3M)
Net Borrowings(45.3M)154.3M396.7M19.2M22.1M21.0M
Investments(27.5M)(740M)(241.5M)(62.1M)(55.9M)(58.7M)

ABM Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ABM Industries's current stock value. Our valuation model uses many indicators to compare ABM Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ABM Industries competition to find correlations between indicators driving ABM Industries's intrinsic value. More Info.
ABM Industries Incorporated is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.39  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ABM Industries Incorporated is roughly  2.58 . At this time, ABM Industries' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ABM Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ABM Industries Systematic Risk

ABM Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ABM Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ABM Industries correlated with the market. If Beta is less than 0 ABM Industries generally moves in the opposite direction as compared to the market. If ABM Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ABM Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ABM Industries is generally in the same direction as the market. If Beta > 1 ABM Industries moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ABM Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ABM Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ABM Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.16

At this time, ABM Industries' Price Earnings To Growth Ratio is very stable compared to the past year.

ABM Industries November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ABM Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ABM Industries Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of ABM Industries Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing ABM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ABM Industries's daily price indicators and compare them against related drivers.
When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
0.895
Earnings Share
2.42
Revenue Per Share
129.802
Quarterly Revenue Growth
0.033
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.