ABM Industries (ABM) financial statements
ABM Industries reported revenue of $8.7B in fiscal 2025, up 6.1% a year over 8 years.
Net income was $162M.
Free cash flow was $155M, and the company returned $66M in dividends and $122M in net buybacks.
The diluted share count rose 10% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ABM Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $5.5B | $6.4B | $6.5B | $6.0B | $6.2B | $7.8B | $8.1B | $8.4B | $8.7B |
| Cost of revenue | $4.6B | $4.9B | $5.7B | $5.8B | $5.2B | $5.3B | $6.8B | $7.0B | $7.3B | $7.7B |
| Gross profit | — | $572M | $695M | $731M | $831M | $970M | $1.0B | $1.1B | $1.0B | $1.1B |
| Selling, general and admin | $410M | $437M | $438M | $453M | $506M | $719M | $628M | $573M | $765M | $697M |
| Operating income | $55M | $102M | $139M | $208M | $96M | $206M | $349M | $410M | $212M | $312M |
| Interest expense | $10M | $19M | $54M | $51M | $45M | $29M | $41M | $82M | $85M | $96M |
| Pre-tax income | $52M | $87M | $88M | $160M | $53M | $180M | $310M | $331M | $134M | $220M |
| Income tax | -$10M | $9M | -$8M | $33M | $53M | $54M | $80M | $80M | $52M | $58M |
| Net income | $57M | $4M | $98M | $127M | $300,000 | $126M | $230M | $251M | $81M | $162M |
| EPS (diluted) | $1.01 | $0.07 | $1.47 | $1.90 | $0.00 | $1.86 | $3.41 | $3.79 | $1.28 | $2.59 |
| Diluted shares | 57M | 58M | 66M | 67M | 67M | 68M | 68M | 66M | 64M | 63M |
| Gross margin | — | 10.5% | 10.8% | 11.3% | 13.9% | 15.6% | 13.4% | 13.1% | 12.4% | 12.3% |
| Operating margin | — | 1.9% | 2.2% | 3.2% | 1.6% | 3.3% | 4.5% | 5.1% | 2.5% | 3.6% |
| Net margin | — | 0.1% | 1.5% | 2.0% | 0.0% | 2.0% | 3.0% | 3.1% | 1.0% | 1.9% |
Balance sheet
Fiscal years, from ABM Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $54M | $63M | $39M | $58M | $394M | $63M | $73M | $70M | $65M | $104M |
| Receivables | $804M | $1.0B | $1.0B | — | — | — | — | — | — | — |
| Total current assets | $991M | $1.2B | $1.2B | $1.3B | $1.4B | $1.4B | $1.6B | $1.7B | $1.8B | $1.9B |
| Property, plant and equipment | $82M | $143M | $140M | $150M | $134M | $112M | $125M | $132M | $151M | $177M |
| Goodwill | $913M | $1.9B | $1.8B | $1.8B | $1.7B | $2.2B | $2.5B | $2.5B | $2.6B | $2.6B |
| Total assets | $2.3B | $3.8B | $3.6B | $3.7B | $3.8B | $4.4B | $4.9B | $4.9B | $5.1B | $5.3B |
| Total current liabilities | $597M | $758M | $792M | $902M | $987M | $1.3B | $1.4B | $1.2B | $1.3B | $1.3B |
| Long-term debt | $268M | $1.2B | $902M | $744M | $603M | $853M | $1.1B | $1.3B | $1.3B | $1.5B |
| Total liabilities | $1.3B | $2.4B | $2.2B | $2.2B | $2.3B | $2.8B | $3.2B | $3.1B | $3.3B | $3.5B |
| Shareholders' equity | $974M | $1.4B | $1.5B | $1.5B | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B | $1.8B |
| Net debt | $215M | $1.1B | $900M | $743M | $326M | $821M | $1.2B | $1.2B | $1.3B | $1.5B |
Cash flow
Fiscal years, from ABM Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $84M | $6M | $321M | $263M | $458M | $314M | $20M | $243M | $227M | $234M |
| Capital spending | $44M | $57M | $51M | $60M | $38M | $34M | $51M | $53M | $59M | $79M |
| Free cash flow | $40M | -$52M | $270M | $203M | $420M | $280M | -$30M | $191M | $167M | $155M |
| Stock-based compensation | $14M | $13M | $17M | $18M | $20M | $34M | $30M | $30M | $30M | $38M |
| Dividends paid | $37M | $40M | $46M | $48M | $49M | $51M | $52M | $58M | $56M | $66M |
| Share buybacks (net) | -$47M | -$8M | $0 | $0 | -$5M | $0 | -$98M | -$138M | -$56M | -$122M |
| Net borrowing | $110M | $923M | -$242M | -$141M | -$83M | $164M | $382M | $42M | $22M | $234M |
| Free cash flow margin | — | -0.9% | 4.2% | 3.1% | 7.0% | 4.5% | -0.4% | 2.4% | 2.0% | 1.8% |
| Dividends per share | $0.65 | $0.68 | $0.69 | $0.71 | $0.73 | $0.75 | $0.77 | $0.87 | $0.89 | $1.05 |
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Open ABM in InvestinglyQuestions
What was ABM Industries's revenue in 2025?
$8.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does ABM Industries generate?
$155M in fiscal 2025 (operating cash flow minus capital spending).
From ABM Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.