ABM Industries

OverviewSuggest Edit

ABM Industries is a company that provides 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, NY, US
Websiteabm.com
Employee Ratings3.1
Overall CultureD

Latest Updates

Employees (est.) (Oct 2021)124,000(+9%)
Job Openings5,408
Revenue (FY, 2020)$6 B(-7%)
Share Price (May 2022)$44.3(+2%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at ABM Industries

Scott Salmirs

Scott Salmirs

President, Chief Executive Officer & Director
Cary Bainbridge

Cary Bainbridge

Chief Marketing Officer
Nadeen Ayala

Nadeen Ayala

Chief Culture and Communication Officer
Melanie Kirkwood Ruiz

Melanie Kirkwood Ruiz

Chief Information Officer
Josh Feinberg

Josh Feinberg

Chief Strategy and Transformation Officer
Dean Chin

Dean Chin

Senior Vice President, Chief Accounting Officer, Corporate Controller and Treasurer
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ABM Industries Office Locations

ABM Industries has offices in New York, Abilene, Abingdon, Albuquerque and in 108 other locations
New York, NY, US (HQ)
1 Liberty St
Abilene, TX, US
1 Village Dr
Abingdon, MD, US
3105 Emmorton Rd #2e
Albuquerque, NM, US
7100 Washington St NE
Alpharetta, GA, US
1005 Windward Ridge Pkwy
Anchorage, AK, US
5001 Eagle St
Show all (141)

ABM Industries Financials and Metrics

ABM Industries Revenue

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View revenue for all periods
ABM Industries's revenue was reported to be $5.99 b in FY, 2020 which is a 7.9% decrease from the previous period.
USD

Revenue (Q2, 2021)

1.5b

Gross profit (Q2, 2021)

222.9m

Gross profit margin (Q2, 2021), %

14.9%

Net income (Q2, 2021)

31.1m

EBIT (Q2, 2021)

50.3m

Market capitalization (13-May-2022)

3.0b

Closing stock price (13-May-2022)

44.3

Cash (30-Apr-2021)

435.7m

EV

3.3b
ABM Industries's current market capitalization is $3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

6.4b6.5b6.0b

Revenue growth, %

18%1%(8%)

Cost of goods sold

5.7b5.8b5.2b

Gross profit

694.8m731.1m830.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

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

Cost of goods sold

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

Gross profit

161.9m180.5m193.8m179.2m189.9m219.2m243.0m222.9m

Gross profit Margin, %

10%11%12%11%13%16%16%15%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

39.1m58.5m394.2m

Accounts Receivable

1.0b1.0b854.2m

Prepaid Expenses

80.8m75.7m85.4m

Current Assets

1.2b1.3b1.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

30.6m53.7m60.5m69.8m555.9m229.4m378.3m435.7m

Accounts Receivable

1.0b1.0b1.1b1.0b952.2m845.5m917.2m878.4m

Prepaid Expenses

77.4m74.5m75.5m75.3m75.0m95.8m85.1m88.8m

Current Assets

1.2b1.3b1.3b1.3b1.7b1.3b1.5b1.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

97.8m127.4m300.0k

Depreciation and Amortization

112.5m165.9m96.4m

Accounts Payable

(1.5m)85.8m(53.5m)

Cash From Operating Activities

320.9m262.7m457.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

13.0m42.7m79.4m28.0m(108.8m)(52.8m)74.6m105.7m

Depreciation and Amortization

26.7m53.9m81.4m24.4m74.2m73.2m22.3m44.3m

Accounts Payable

(32.5m)22.8m36.7m(88.9m)(74.6m)(125.6m)(3.0m)55.3m

Cash From Operating Activities

(39.3m)56.3m114.0m(34.3m)127.8m258.8m45.3m171.2m
USDFY, 2018

Revenue/Employee

46.0k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
Show all financial metrics

ABM Industries Operating Metrics

ABM Industries's Customers was reported to be 20 k in Q2, 2021.
Q1, 2020Q2, 2020Q3, 2020Q4, 2020Q1, 2021Q2, 2021

Customers

20 k20 k20 k20 k20 k20 k

Data Center Occupied Space, sq. ft.

35 m35 m

Heating and Cooling Systems Serviced

70 k70 k70 k70 k70 k70 k

Locations

350350350350350350

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
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ABM Industries Revenue Breakdown

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ABM Industries revenue breakdown by business segment: 51.7% from Business & Industry, 11.1% from Aviation, 8.3% from Technical Solutions, 15.6% from Technology & Manufacturing and 13.2% from Education

ABM Industries revenue breakdown by geographic segment: 93.9% from United States and 6.1% from All Other Countries

Human Capital Metrics

Source: craft.co
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ABM Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

ABM Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ABM Industries Online and Social Media Presence

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ABM Industries Company Culture

  • Overall Culture

    D

    60/100

  • CEO Rating

    C

    65/100

  • Compensation

    D

    50/100

  • Diversity

    D

    57/100

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ABM Industries News and Updates

Worldwide Cleaning Services Industry to 2030 - Featuring ABM Industries, Analog Cleaning Systems and Aramark Among Others

Dublin, Feb. 10, 2022 (GLOBE NEWSWIRE) -- The "Cleaning Services Market by Type, and End Use (Commercial and Residential: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. Cleaning is the process of removing undesired items fr…

ABM Industries to Announce Fiscal Fourth Quarter and Full Year 2021 Financial Results and Host a Virtual Investor Day on December 15, 2021

NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced today that it will release its financial results for the Company’s fiscal fourth quarter and full year 2021 at 7:30am Eastern time on Wednesday, December 15, 2021, followed by a Virtual…

ABM Industries Names Paul Goldberg as Senior Vice President, Investor Relations

NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- ABM Industries (NYSE: ABM), a leading provider of integrated facility services, announced today that Paul Goldberg has joined the company as Senior Vice President of Investor Relations. In this role, Goldberg will be responsible for all aspects of invest…

ABM Industries Completes Acquisition of Able Services

NEW YORK, Sept. 30, 2021 (GLOBE NEWSWIRE) -- ABM Industries (NYSE: ABM) announced today the closing of its previously announced acquisition of Able Services, a leading facilities services company headquartered in San Francisco.

ABM Industries Announces Results for Third Quarter Fiscal 2021

— Double-Digit Revenue Growth Reflected Y-o-Y Increases Across All Business Segments —

ABM Industries to Announce Third Quarter 2021 Financial Results

Conference Call to be Held on September 9th, 2021, at 8:30 AM (ET) Conference Call to be Held on September 9th, 2021, at 8:30 AM (ET)
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ABM Industries Blogs

ABM Reports First Quarter Fiscal 2022 Results And Raises Full Year Guidance

Generates revenue of $1.9 billion, up 29.7% year-over-year, including organic growth of 9.1% Posts net income of $76.0 million Delivers GAAP EPS of $1.11, Adjusted EPS of $0.94 Initiates share repurchase program Raises guidance for full year GAAP EPS and adjusted EPS NEW YORK, March 08, 2022 (GLOBE

ABM’s COVID-19 Response Recognized by Prestigious Awards

ABM’s EnhancedClean™ Program Receives Recognition by the American Business Awards and IABC Gold Quill Awards Programs NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- ABM Industries (NYSE: ABM), a leading provider of facility solutions today announced that its COVID-19 response-driven EnhancedClean ™

ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million

ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million Content Import Thu, 11/12/2020 - 16:15 ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million Nov 12,2020 This release is a backfill from a News Wire …

ABM Names Chief Financial Officer

ABM Names Chief Financial Officer Content Import Mon, 10/26/2020 - 16:15 ABM Names Chief Financial Officer Oct 26,2020 This release is a backfill from a News Wire General Releases General NEW YORK, Oct. 2…

ABM Industries to Participate in the Sidoti Virtual Investor Conference

ABM Industries to Participate in the Sidoti Virtual Investor Conference Content Import Wed, 09/16/2020 - 16:15 ABM Industries to Participate in the Sidoti Virtual Investor Conference Sep 16,2020 This release is a backfill from a News Wire …

ABM Industries to Participate in the CL King Best Ideas Conference on September 16th

NEW YORK, Sept. 09, 2020 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) , a leading provider of facility solutions, announced today that the Company will participate in the CL King Best Ideas Conference, to be hosted virtually on Wednesday, September 16th, 2020.
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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, Cary Bainbridge and Nadeen Ayala.

  • How many employees does ABM Industries have?

    ABM Industries has 124,000 employees.

  • What is ABM Industries revenue?

    Latest ABM Industries annual revenue is $6 b.

  • What is ABM Industries revenue per employee?

    Latest ABM Industries revenue per employee is $48.3 k.

  • Who are ABM Industries competitors?

    Competitors of ABM Industries include Global Payments, Compass Group USA and Sodexo.

  • 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, Abingdon, Albuquerque and in 108 other locations.

  • How many offices does ABM Industries have?

    ABM Industries has 141 offices.