OverviewSuggest Edit

ABM Industries is a provider of integrated facility solutions. It provides janitorial, facilities engineering, parking, custodial, landscaping, mechanical, heating, ventilation, and air conditioning (HVAC), electrical, and other services. The company operates through business and industry, aviation, technology and manufacturing, education, and technical solutions segments. 
TypePublic
Founded1909
HQNew York, US
Websiteabm.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Oct 2019)140,000
Job Openings2,525
Revenue (FY, 2019)$6.5 B
Share Price (Oct 2020)$35.7 (+3%)
Cybersecurity ratingCMore

Key People/Management at ABM Industries

Scott Salmirs

Scott Salmirs

President and Chief Executive Officer
Andrew Block

Andrew Block

Chief Human Resources Officer
Rene Jacobsen

Rene Jacobsen

Chief Facilities Services Officer
Andrea Newborn

Andrea Newborn

General Counsel, and Corporate Secretary
Josh Feinberg

Josh Feinberg

Chief Strategy and Transformation Officer
Scott Giacobbe

Scott Giacobbe

Chief Revenue Officer
Show more

ABM Industries Office Locations

ABM Industries has offices in New York, Abilene, Albuquerque, Alpharetta and in 74 other locations
New York, US (HQ)
1 Liberty St
Abilene, US
809 N Judge Ely Blvd
Albuquerque, US
7100 Washington St NE
Alpharetta, US
1005 Windward Ridge Pkwy
Anchorage, US
5001 Eagle St
Atlanta, US
4151 Ashford Dunwoody Rd
Show all (80)

ABM Industries Financials and Metrics

ABM Industries Revenue

Embed Graph
View revenue for all periods
ABM Industries's revenue was reported to be $6.50 b in FY, 2019 which is a 0.9% increase from the previous period.
USD

Revenue (Q3, 2020)

1.4b

Gross profit (Q3, 2020)

219.2m

Gross profit margin (Q3, 2020), %

15.7%

Net income (Q3, 2020)

60.8m

EBIT (Q3, 2020)

93.6m

Market capitalization (23-Oct-2020)

2.4b

Closing stock price (23-Oct-2020)

35.7

Cash (31-Jul-2020)

229.4m

EV

3.1b
ABM Industries's current market capitalization is $2.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

5.5b6.4b6.5b

Revenue growth, %

6%18%1%

Cost of goods sold

4.9b5.7b5.8b

Gross profit

572.4m694.8m731.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.6b1.6b1.6b1.6b1.6b1.6b1.6b1.5b1.4b

Cost of goods sold

1.4b1.4b1.4b1.4b1.4b1.5b1.4b1.3b1.2b

Gross profit

159.0m175.0m177.6m161.9m180.5m193.8m179.2m189.9m219.2m

Gross profit Margin, %

10%11%11%10%11%12%11%13%16%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

62.8m39.1m58.5m

Accounts Receivable

1.0b1.0b1.0b

Prepaid Expenses

101.8m80.8m75.7m

Current Assets

1.2b1.2b1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

68.6m69.7m46.0m30.6m53.7m60.5m69.8m555.9m229.4m

Accounts Receivable

1.0b1.0b1.0b1.0b1.0b1.1b1.0b952.2m845.5m

Prepaid Expenses

97.4m107.0m110.4m77.4m74.5m75.5m75.3m75.0m95.8m

Current Assets

1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.7b1.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

3.8m97.8m127.4m

Depreciation and Amortization

70.1m112.5m165.9m

Accounts Payable

74.4m(1.5m)85.8m

Cash From Operating Activities

5.6m320.9m262.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

27.8m54.4m88.1m13.0m42.7m79.4m28.0m(108.8m)(52.8m)

Depreciation and Amortization

29.0m57.5m86.1m26.7m53.9m81.4m24.4m74.2m73.2m

Accounts Payable

(33.2m)(37.2m)9.0m(32.5m)22.8m36.7m(88.9m)(74.6m)(125.6m)

Cash From Operating Activities

33.7m133.3m207.4m(39.3m)56.3m114.0m(34.3m)127.8m258.8m
USDFY, 2017

EV/EBIT

37.7 x

EV/CFO

686.7 x

Revenue/Employee

39.0k

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x

P/E Ratio

599.9
Show all financial metrics

ABM Industries Operating Metrics

ABM Industries's Customers was reported to be 20 k in Q2, 2020.
Oct, 2015Sep, 2017Aug, 2018Q1, 2020Q2, 2020

Customer Locations

1 k

Customers

20 k20 k

Locations

300 350

Schools

3.20 k
Show all operating metrics

ABM Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
GCA Services GroupJuly 12, 2017$1.25 b
Mechanical Solutions, Inc.February 14, 2017
Westway Services LimitedDecember 11, 2015
CTS Services and Facility Support ServicesMay 06, 2015
ABM Group UK LimitedOctober 02, 2014
Airco Commercial Services, Inc.August 07, 2014
BEST Infrared Services, Inc.September 11, 2013
Calvert-Jones Co., Inc.November 01, 2012
HHA Services, Inc.November 01, 2012
Air Serv CorpOctober 09, 2012$158 m
Show more

ABM Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

ABM Industries Revenue Breakdown

Embed Graph

ABM Industries revenue breakdown by business segment: 12.8% from Education, 13.8% from Technology & Manufacturing, 9.0% from Technical Solutions, 15.4% from Aviation and 49.1% from Business & Industry

ABM Industries Online and Social Media Presence

Embed Graph

ABM Industries News and Updates

ABM Industries to Announce Second Quarter 2020 Financial Results

Conference Call to be Held on June 18th, 2020, at 8:30 AM (ET) Conference Call to be Held on June 18th, 2020, at 8:30 AM (ET)

ABM Industries to Announce Fourth Quarter 2019 Financial Results

Conference Call to be Held on December 19, 2019, at 8:30 AM (ET) Conference Call to be Held on December 19, 2019, at 8:30 AM (ET)

ABM Industries Announces Results for Third Quarter Fiscal 2019

Reports Record Third Quarter Revenues of $1.6 billion

ABM Industries Announces Results for Second Quarter Fiscal 2019

Reports Record Second Quarter Revenues of $1.6 billion

ABM Industries Announces Results for First Quarter Fiscal 2019

Reports Record First Quarter Revenues of $1.6 billion

ABM Industries Named By Best in Biz Awards

ABM Recognized for Corporate Achievements and Business Transformation Efforts to Enhance Operational Excellence, Innovation and Client Service ABM Recognized for Corporate Achievements and Business Transformation Efforts to Enhance Operational Excellence, Innovation and Client Service
Show more

ABM Industries Blogs

ABM Establishes Expert Advisory Council to Support COVID-19 Response and EnhancedClean™ Program

ABM Establishes Expert Advisory Council to Support COVID-19 Response and EnhancedClean™ Program Content Import Thu, 07/02/2020 - 08:01 ABM Establishes Expert Advisory Council to Support COVID-19 Response and EnhancedClean™ Program Jul 02,2020 This release is a…

ABM Franchising Group Earns 2020 Stevie® Award

ABM Franchising Group Earns 2020 Stevie® Award Content Import Wed, 06/24/2020 - 16:15 ABM Franchising Group Earns 2020 Stevie® Award Jun 24,2020 This release is a backfill from a News Wire General Releases General …

ABM Industries Announces Results for Second Quarter Fiscal 2020

Performance Reflects Continued Strategic and Operational Execution During COVID-19 GAAP Results Include Non-Cash Impairment Charge Related to Goodwill and Intangibles Operational Results Driven by Work Order Demand and Proactive Cost Management Liquidity Further Enhanced By Recent Credit Facility

ABM Industries Announces CFO Transition

NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced today the resignation of Executive Vice President and Chief Financial Officer, D. Anthony Scaglione.  Mr. Scaglione has held this role since 2015 after serving in various senior

ABM Industries Amends Credit Agreement to Enhance Financial Flexibility

NEW YORK, May 28, 2020 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced today it has successfully completed an amendment to its senior, secured credit agreement.  The Company is a party to a syndicated credit facility comprised of an $800 million revolving

ABM Industries Joins Cleaning Coalition of America to Advocate for Essential Sector

ABM Industries Joins Cleaning Coalition of America to Advocate for Essential Sector Content Import Wed, 04/22/2020 - 09:05 ABM Industries Joins Cleaning Coalition of America to Advocate for Essential Sector Apr 22,2020 This release is a backfill from a News Wi…
Show more

ABM Industries Frequently Asked Questions

  • When was ABM Industries founded?

    ABM Industries was founded in 1909.

  • Who are ABM Industries key executives?

    ABM Industries's key executives are Scott Salmirs, Andrew Block and Rene Jacobsen.

  • How many employees does ABM Industries have?

    ABM Industries has 140,000 employees.

  • What is ABM Industries revenue?

    Latest ABM Industries annual revenue is $6.5 b.

  • What is ABM Industries revenue per employee?

    Latest ABM Industries revenue per employee is $46.4 k.

  • Who are ABM Industries competitors?

    Competitors of ABM Industries include Kyudenko, EMCOR Group and ISS.

  • Where is ABM Industries headquarters?

    ABM Industries headquarters is located at 1 Liberty St, New York.

  • Where are ABM Industries offices?

    ABM Industries has offices in New York, Abilene, Albuquerque, Alpharetta and in 74 other locations.

  • How many offices does ABM Industries have?

    ABM Industries has 80 offices.