Recent News
On April 23, 2026 ABM received an Edison Award recognizing ABM Connect for commercial technology innovation; on April 28 ABM won a Vanderbilt University facilities contract; in mid-May ABM earned an IABC Gold Quill award and a 4‑Star VETS Indexes employer rating; on June 16 ABM announced a multi‑year venue operations partnership with the Atlanta Braves at Truist Park; on July 14 ABM ranked on Selling Power Magazine’s 60 Best Companies to Sell For 2026 list.
Technical Analysis
The ADX at 30.86 signals a strong directional regime; with DI+ at 29.74 trending higher and DI‑ at 13.07 trending lower, directional indicators favor the upside and imply trend strength supporting current valuation.
MACD registers 1.15 with a stated peak-and-reversal pattern; that peak-and-reversal denotes bearish momentum pressure despite a positive absolute reading.
MRO sits at 0.28 and shows a peak-and-reversal; the positive MRO indicates price slightly above model target and therefore a propensity for modest mean reversion toward the valuation baseline.
RSI at 60.92 with a peak-and-reversal suggests upside exhaustion over the short run and increases the chance of consolidation even as price remains above short-term averages.
Price structure supports a bullish tilt: close $47.01 trades above the 12‑day EMA ($46.26), the 20‑day average ($45.81) and the 50/200‑day averages ($42.82/$42.37). Ichimoku lines (Tenkan $46.24; Kijun $45.78; Senkou A $41.46) sit below price, and the super trend lower support at $45.41 provides a near-term technical floor. Bollinger bands place the close just below the 1‑sigma upper band ($47.35), indicating limited immediate upside room without a volatility expansion.
Fundamental Analysis
Revenue reached $2.29 billion. Reported net income totaled $43.1 million; EPS actual $0.90 versus estimate $0.88, an EPS surprise of 2.27%. The company declared a $0.29 quarterly cash dividend payable August 3, 2026, and reaffirmed fiscal 2026 organic revenue guidance toward the top end of the 3%–4% range and adjusted EPS guidance of $3.85–$4.15.
Margins: EBIT equals $87.8 million and EBIT margin at 3.83% improved QoQ by 13.03% but contracted YoY by 3.28%. That EBIT margin sits just above the industry peer low (3.63%) yet well below the industry peer mean (31.48%) and industry peer median (37.53%), indicating persistent margin compression versus typical peers despite sequential improvement.
Cash flow and leverage: operating cash flow $66.2 million and free cash flow $22.4 million support dividend capacity, while available cash of $94.9 million (and stated available liquidity of $613.8 million) provides near‑term coverage. Net debt stands at $1.77 billion with total debt $1.97 billion and debt/EBITDA ~16.7x; interest coverage at 3.12 sits below the industry peer low and implies meaningful sensitivity to rate or margin pressure.
Growth and returns: revenue growth registers roughly 2.07% on the latest measure with year‑over‑year revenue movement near ‑1.72%; earnings growth shows an 8.43% rate on the available metric but a YoY decline of about 8.34% on the other measure. Return on equity about 2.47% and return on assets near 0.79% reflect low return intensity relative to capital employed; asset turnover at 0.42 supports a service business profile.
Valuation context: WMDST values the stock as under‑valued. Market multiples show a forward PE near 37.8 and an enterprise multiple about 35.9, reflecting a valuation that prices both modest growth and above‑average leverage; free cash flow yield around 0.95% underscores limited near‑term cash yield despite positive free cash generation. Use these inputs to reconcile the under‑valued classification against elevated leverage and below‑peer margin profiles.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-04-30 |
| REPORT DATE: | 2026-06-05 |
| NEXT REPORT DATE: | 2026-09-04 |
| CASH FLOW | Begin Period Cash Flow | $ 100.4 M |
| Operating Cash Flow | $ 66.2 M | |
| Capital Expenditures | $ -43.80 M | |
| Change In Working Capital | $ 4.4 M | |
| Dividends Paid | $ -16.90 M | |
| Cash Flow Delta | $ -5.50 M | |
| End Period Cash Flow | $ 94.9 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.3 B | |
| Forward Revenue | $ 847.2 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 14.3 M | |
| Depreciation and Amortization | $ 30.2 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 2.2 B | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | $ 118.0 M | |
| EBIT | $ 87.8 M | |
| Operating Income | $ 90.0 M | |
| Interest Income | — | |
| Interest Expense | $ 28.1 M | |
| Net Interest Income | $ -28.10 M | |
| Income Before Tax | $ 59.7 M | |
| Tax Provision | $ 16.6 M | |
| Tax Rate | 27.9 % | |
| Net Income | $ 43.1 M | |
| Net Income From Continuing Operations | $ 43.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.88 | |
| EPS Actual | $ 0.90 | |
| EPS Difference | $ 0.02 | |
| EPS Surprise | 2.273 % | |
| Forward EPS | $ 1.09 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 5.6 B | |
| Intangible Assets | $ 3.1 B | |
| Net Tangible Assets | $ -1.34 B | |
| Total Current Assets | $ 2.0 B | |
| Cash and Short-Term Investments | $ 94.9 M | |
| Cash | $ 94.9 M | |
| Net Receivables | $ 1.3 B | |
| Inventory | — | |
| Long-Term Investments | $ 194.1 M | |
| LIABILITIES | ||
| Accounts Payable | $ 416.5 M | |
| Short-Term Debt | $ 41.8 M | |
| Total Current Liabilities | $ 1.4 B | |
| Net Debt | $ 1.8 B | |
| Total Debt | $ 2.0 B | |
| Total Liabilities | $ 3.9 B | |
| EQUITY | ||
| Total Equity | $ 1.7 B | |
| Retained Earnings | $ 1.4 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 29.85 | |
| Shares Outstanding | 58.581 M | |
| Revenue Per-Share | $ 39.09 | |
| VALUATION | Market Capitalization | $ 2.4 B |
| Enterprise Value | $ 4.2 B | |
| Enterprise Multiple | 35.875 | |
| Enterprise Multiple QoQ | -14.237 % | |
| Enterprise Multiple YoY | -17.276 % | |
| Enterprise Multiple IPRWA | high: 78.06 mean: 53.231 median: 53.11 ABM: 35.875 low: 3.625 |
|
| EV/R | 1.849 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.23 | |
| Asset To Liability | 1.448 | |
| Debt To Capital | 0.53 | |
| Debt To Assets | 0.349 | |
| Debt To Assets QoQ | 6.148 % | |
| Debt To Assets YoY | 11.068 % | |
| Debt To Assets IPRWA | ABM: 0.349 high: 0.171 mean: 0.021 low: 0.01 median: 0.01 |
|
| Debt To Equity | 1.127 | |
| Debt To Equity QoQ | 11.777 % | |
| Debt To Equity YoY | 23.235 % | |
| Debt To Equity IPRWA | ABM: 1.127 high: 0.299 mean: 0.03 low: 0.011 median: 0.011 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.349 | |
| Price To Book QoQ | -11.249 % | |
| Price To Book YoY | -21.515 % | |
| Price To Book IPRWA | high: 3.636 median: 3.636 mean: 3.281 ABM: 1.349 low: 0.433 |
|
| Price To Earnings (P/E) | 44.721 | |
| Price To Earnings QoQ | -16.987 % | |
| Price To Earnings YoY | -23.626 % | |
| Price To Earnings IPRWA | high: 139.848 median: 80.138 mean: 80.057 ABM: 44.721 low: 5.27 |
|
| PE/G Ratio | 5.302 | |
| Price To Sales (P/S) | 1.03 | |
| Price To Sales QoQ | -11.84 % | |
| Price To Sales YoY | -30.641 % | |
| Price To Sales IPRWA | high: 25.789 median: 25.789 mean: 21.265 ABM: 1.03 low: 0.992 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 37.81 | |
| Forward PE/G | 4.483 | |
| Forward P/S | 2.792 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 7.418 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.419 | |
| Asset Turnover Ratio QoQ | -1.452 % | |
| Asset Turnover Ratio YoY | 4.397 % | |
| Asset Turnover Ratio IPRWA | ABM: 0.419 high: 0.259 mean: 0.149 low: 0.122 median: 0.122 |
|
| Receivables Turnover | 1.837 | |
| Receivables Turnover Ratio QoQ | 10.57 % | |
| Receivables Turnover Ratio YoY | 12.99 % | |
| Receivables Turnover Ratio IPRWA | high: 2.276 ABM: 1.837 mean: 1.617 low: 1.494 median: 1.494 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 49.662 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 49.662 | |
| Cash Conversion Cycle Days QoQ | -9.559 % | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 110.521 ABM: 49.662 mean: 8.497 median: -15.532 low: -54.626 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 3.565 | |
| CapEx To Revenue | -0.019 | |
| CapEx To Depreciation | -3.063 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 3.6 B | |
| Net Invested Capital | $ 3.6 B | |
| Invested Capital | $ 3.6 B | |
| Net Tangible Assets | $ -1.34 B | |
| Net Working Capital | $ 642.4 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.068 | |
| Current Ratio | 1.462 | |
| Current Ratio QoQ | -2.546 % | |
| Current Ratio YoY | -5.674 % | |
| Current Ratio IPRWA | high: 7.613 median: 7.613 mean: 6.35 ABM: 1.462 low: 1.016 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 16.698 | |
| Cost Of Debt | 1.094 % | |
| Interest Coverage Ratio | 3.125 | |
| Interest Coverage Ratio QoQ | -1.459 % | |
| Interest Coverage Ratio YoY | -10.78 % | |
| Interest Coverage Ratio IPRWA | high: 58.816 mean: 14.679 median: 10.675 low: 4.771 ABM: 3.125 |
|
| Operating Cash Flow Ratio | 0.052 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.55 | |
| Dividend Payout Ratio | 0.392 | |
| Dividend Rate | $ 0.29 | |
| Dividend Yield | 0.007 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 6.769 % | |
| Revenue Growth | 2.073 % | |
| Revenue Growth QoQ | -191.685 % | |
| Revenue Growth YoY | -172.23 % | |
| Revenue Growth IPRWA | high: 13.303 % median: 10.287 % mean: 9.549 % ABM: 2.073 % low: 1.911 % |
|
| Earnings Growth | 8.434 % | |
| Earnings Growth QoQ | -248.434 % | |
| Earnings Growth YoY | -834.03 % | |
| Earnings Growth IPRWA | high: 64.8 % mean: 26.66 % ABM: 8.434 % low: 1.613 % median: 1.613 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | 3.834 % | |
| EBIT Margin QoQ | 13.031 % | |
| EBIT Margin YoY | -3.28 % | |
| EBIT Margin IPRWA | high: 37.531 % median: 37.531 % mean: 31.477 % ABM: 3.834 % low: 3.63 % |
|
| Return On Sales (ROS) | 3.93 % | |
| Return On Sales QoQ | 12.607 % | |
| Return On Sales YoY | -0.858 % | |
| Return On Sales IPRWA | high: 37.531 % median: 37.531 % mean: 31.426 % ABM: 3.93 % low: 3.63 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 22.4 M | |
| Free Cash Flow Yield | 0.95 % | |
| Free Cash Flow Yield QoQ | -48.98 % | |
| Free Cash Flow Yield YoY | 95.876 % | |
| Free Cash Flow Yield IPRWA | high: 34.629 % mean: 2.687 % median: 1.578 % ABM: 0.95 % low: 0.453 % |
|
| Free Cash Growth | -54.098 % | |
| Free Cash Growth QoQ | -4.587 % | |
| Free Cash Growth YoY | -51.856 % | |
| Free Cash Growth IPRWA | high: 769.536 % median: 769.536 % mean: 585.611 % low: -39.829 % ABM: -54.098 % |
|
| Free Cash To Net Income | 0.52 | |
| Cash Flow Margin | 3.188 % | |
| Cash Flow To Earnings | 1.694 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 0.788 % | |
| Return On Assets QoQ | 7.211 % | |
| Return On Assets YoY | -1.746 % | |
| Return On Assets IPRWA | high: 4.87 % median: 3.976 % mean: 3.57 % ABM: 0.788 % low: 0.709 % |
|
| Return On Capital Employed (ROCE) | 2.063 % | |
| Return On Equity (ROE) | 0.025 | |
| Return On Equity QoQ | 9.556 % | |
| Return On Equity YoY | 6.572 % | |
| Return On Equity IPRWA | high: 0.082 median: 0.046 mean: 0.043 ABM: 0.025 low: 0.009 |
|
| DuPont ROE | 2.482 % | |
| Return On Invested Capital (ROIC) | 1.755 % | |
| Return On Invested Capital QoQ | 4.154 % | |
| Return On Invested Capital YoY | 0.228 % | |
| Return On Invested Capital IPRWA | high: 7.279 % median: 4.23 % mean: 3.972 % ABM: 1.755 % low: 0.854 % |
|