ABM · Abm Industries Inc /De/
Market Cap
$2.72B
Shares
58.58M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$46.63
Open$47.08
Day$46.25–47.09
52W close$37.39–49.36
Avg vol 30d382K
Short int1.9M · 3.2% float · 5.6d
Short vol66%
Last earningsJun 5, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jun 5
Up next
Next earnings call
Sep 2, 2026
Est · unconfirmed
· this week
FQ4-26 quarter ends
~Oct 31, 2026
Est
filed Jun 5, 2026
AI Brief
Q2 FY26 earnings call · Jun 5, 2026
Q2 FY26
TL;DR. ABM reported Q2 FY2026 revenue of $2.3 billion, up 8.4% year-over-year with 6.1% organic growth and record first-half new sales bookings of $1.2 billion, while reaffirming its fiscal 2026 adjusted EPS outlook and expecting significant earnings and margin improvement in the back half.
Bullish
- + Revenue grew 8.4% to a second quarter record of $2.3 billion, including 6.1% organic growth, the strongest consolidated organic growth since Q3 2022
- + Record first-half new sales bookings of $1.2 billion new
- + Technical Solutions revenue grew 27% and Aviation revenue grew 20%, with M&D up 17%
- + Adjusted EBITDA increased to $131.7 million from $125.9 million last year new
- + Operating cash flow of $66.2 million and free cash flow of $22.4 million were both well above the prior year, with management guiding to $250 million full-year free cash flow
- + Management expects a significant step-up in earnings and margin in the back half driven by higher ATS and M&D volume, improved ATS service mix, and cost savings/pricing initiatives; targets leverage below 3x by year-end new
Bearish
- − GAAP net income margin declined to 1.9% from 2.0% in the prior year quarter
- − Segment operating margin contracted to 7.3% from 7.9%, driven by newer M&D and B&I contracts and weather/ramp-up cost inefficiencies in Aviation new
- − B&I revenue was essentially flat and is expected to moderate in the back half due to client exits, including a large UK client and West Coast commercial real estate softness new
- − Adjusted EPS of $0.90 versus $0.86 prior year, with adjusted net income of $52.9 million down from $54.1 million new
- − Rising fuel costs flagged as a near-term challenge for airline clients, with management noting some international aviation volume pressure from geopolitical disruptions new
- − Leverage is currently above 3x due to the WGNSTAR acquisition, with the earnout and integration costs (~$30M earnout, ~$9M acquisition costs, ~$20M transformation costs) still pending new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Neutral
Momentum
Strong
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 14.9 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+7%
above
Price vs 50-day avg
−0%
below
RSI (14)
44
neutral
MACD trend
Negative
52-week position
77%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−4%
trailing
6-month return
+13%
trailing
YTD return
+10%
this year
Relative strength
0%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $47 › 200d $43 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +60 funds added
Insider flow
Distributing
Net -$179.3K over 90 days · 100% sells
Short interest
Falling
3.22% of float · ▼ -3.0% MoM · 5.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
307 holders — mid 3-yr range
Squeeze score
62
elevated · 0–100
Fundamentals
Revenue growth
+5%
Y/Y
Gross margin
5%
expanding
EPS growth
+102%
Y/Y
Free cash flow
$155.1M
Valuation
P/E 17.8
below peers
Buyback
$89.0M
remaining
Quant / Vol
risk profile
Volatility
27%
annualized · 1-yr
Max drawdown
−24%
past year
ATR
2.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jun 5, 2026
Segment operating margin
· fiscal 2026
Non-GAAP
Initiated
7.8% – 8%
Adjusted EPS
· fiscal 2026
Non-GAAP
Maintained
$3.85 – $4.15
Apr 30, 2026
$3.85 – $4.15
changed to
Jun 5, 2026
$3.85 – $4.15
Interest expense
· fiscal 2026
Maintained
$110M
Apr 30, 2026
$110M
changed to
Jun 5, 2026
$110M
Prior guidance
period ended
· from the 8-K filed Sep 5, 2025
Adjusted EPS
· fiscal 2025
$3.65 – $3.80
Adjusted EBITDA margin
· fiscal 2025
6.3% – 6.5%
Guided vs delivered
· last 2 settled
EPS
full-year 2023
guided $3.52 – $3.62
$3.79
Beat +6.2%
GAAP EPS
full year 2022
guided $3.20 – $3.30
$3.41
Beat +4.9%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+7%
Bullish
Price vs 50-day avg
−0%
Neutral
RSI (14)
44
Neutral
MACD trend
Negative
Bearish
52-week position
77%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $47 › 200d $43 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +60 funds added
Insider flow
Distributing
Net -$179.3K over 90 days · 100% sells
Short interest
Falling
3.22% of float · ▼ -3.0% MoM · 5.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
307 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $37
Now $47 · 77%
Range high $49
vs 200-day avg +7%
vs 50-day avg 0%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $249.5M | Six Months Ended April 30, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net Income 43.1M
+13.7M Items impacting comparability
+16.6M Income taxes provision
+28.1M Interest expense
+30.2M Depreciation and amortization
= Adjusted EBITDA 131.7M
|
|||
| Adjusted net income non-GAAP | $103.3M | Six Months Ended April 30, 2026 | — |
|
|
|||
| Adjusted net income per diluted share non-GAAP | $1.72 | Six Months Ended April 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income per diluted share $0.73
+$0.17 Items impacting comparability, net of taxes
= Adjusted net income per diluted share $0.9
|
|||
| Available liquidity | $613.8M | Q2 FY2026 | — |
|
|
|||
| Free cash flow non-GAAP | $71.2M | Six Months Ended April 30, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net cash provided by (used in) operating activities 66.2M
-43.8M Additions to property, plant and equipment
= Free cash flow 22.4M
|
|||
| New sales bookings | $1.2B | First half FY2026 | — |
| Organic revenue growth non-GAAP | 6.1% | Q2 FY2026 | — |
|
|
|||
| Segment operating margin | 7.3% | Q2 FY2026 | — |
|
|
|||
| Segment operating profit non-GAAP | $325.4M | Six Months Ended April 30, 2026 | — |
| Aviation revenue growth | 10% | first quarter fiscal 2026 | — |
| Business & Industry (B&I) revenue growth | 4% | first quarter fiscal 2026 | — |
| Education revenue growth | 2% | first quarter fiscal 2026 | — |
| Manufacturing & Distribution (M&D) revenue growth | 7% | first quarter fiscal 2026 | — |
| Share repurchase remaining authorization | $92M | first quarter fiscal 2026 | — |
| Shares repurchased | 2.1M | first quarter fiscal 2026 | — |
| Technical Solutions (ATS) revenue growth | 14% | first quarter fiscal 2026 | — |
| Total segment operating profit non-GAAP | 158.6M | Three Months Ended January 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Specialty Business Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ABM
this stock
Abm Industries Inc /De/
|
$2.72B | +10.2% | +4.6% | 17.8 | 3.2% |
|
CTAS
Cintas Corp
|
$81.71B | +7.3% | +6.4% | 41.6 | 2.6% |
|
RELX
Relx PLC
|
$63.64B | -9.6% | — | — | 0.3% |
|
TRI
Thomson Reuters Corp /Can/
|
$46.02B | -19.5% | — | — | 2.9% |
|
CPRT
Copart Inc
|
$30.54B | -15.7% | +24.7% | 20.6 | 4.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ABM | -0.5% | -4.3% | +13.0% | -2.7% | +10.2% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -1.0% | -7.3% | -0.5% | -5.7% | -2.6% |
Capital returns
Latest dividend
$0.29
/ share · ex Jul 2, 2026
Paid (TTM)
$1.135
/ share · 4 payouts
Dividend yield (TTM, derived)
2.43%
Buyback program
· as of Apr 30, 2026
Authorized
$150.00M
Spent (derived)
$61.00M
Remaining
$89.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
771497
CUSIP
000957100
13F (30d)
235 filings
234 filers
Visit website
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