Recent News
On September 8, 2026 ABM released fiscal third-quarter results for the period ended July 31, 2026, reporting mixed segment performance and some project deferrals; on June 16, 2026 ABM announced a multi-year venues operations agreement with the Atlanta Braves at Truist Park; on July 14, 2026 ABM earned placement on Selling Power’s 60 Best Companies to Sell For list for 2026.
Technical Analysis
Directional indicators show a bullish tilt: DI+ at 24.8 registered a dip & reversal (bullish), while DI- at 18.06 registered a peak & reversal (bullish); however ADX sits at 16.39, indicating no strong underlying trend—bullish directional pressure exists but lacks conviction to suggest an extended trend without follow-through.
MACD sits at 0.34 with a dip & reversal and a signal line at 0.18; MACD currently trades above its signal line, which signals bullish momentum and supports the view for near-term positive price bias.
MRO at -16.69 (dip & reversal) indicates price remains below target and that mean-reversion upside likely exists; the negative MRO magnitude implies moderate potential for upward pressure toward equilibrium with valuation targets.
RSI at 58.23 (dip & reversal) shows momentum recovery without overbought readings, leaving room for additional short-term advance while avoiding immediate exhaustion signals.
Price structure favors the upside: closing price $49.74 trades above the 50-day average $47.15 and the 200-day average $43.20, and above the 12-day EMA $47.92 (dip & reversal). Price sits above the 1x Bollinger upper band ($48.79) but below the 2x upper band ($50.17), signaling short-term extension rather than an extreme move. Super trend support near $46.92 provides a clear technical reference for downside containment.
Volume averaged ~505k over 10 days vs a 50-day average of ~412k; 10-day volume outperformance during the recent run indicates higher participation accompanying the momentum, which supports the present bullish signals but does not yet confirm a strong trend given the low ADX.
Fundamental Analysis
Profitability: EBIT stands at $92.7M and EBIT margin equals 4.00%, with EBIT margin up ~4.36% QoQ and ~5.07% YoY, while operating margin sits at 4.29% with QoQ improvement of ~9.06% and YoY improvement of ~14.17%. Net income totaled $49.7M and EPS actual $1.04 exceeded the $1.01 estimate by $0.03, a 2.97% surprise, supporting near-term confidence in underlying earnings quality.
Revenue and growth: Total revenue reached $2,317.1M with reported revenue growth of 1.18%; however quarter-over-quarter revenue change shows a decline of ~42.93% and year-over-year decline of ~77.76% as provided, indicating sizable timing or comparability effects that temper the top-line narrative despite positive margin trends.
Cash flow and coverage: Operating cash flow totaled $164.5M and free cash flow reached $128.4M, producing a free cash flow yield of 4.76% and free cash to net income ratio of ~2.58x, signaling strong cash conversion relative to reported earnings. Cash and short-term investments stand at $110.5M and the cash conversion ratio equals 3.92x, supporting liquidity for operations and investment.
Leverage and interest coverage: Total debt equals $1,882.2M with net debt $1,663.6M; debt to EBITDA registers at ~15.27x and interest coverage at ~3.14x. Debt-to-equity sits near 1.05x. High leverage multiples present financing sensitivity and constrain margin for error despite positive cash flow.
Valuation: Trailing P/E near 44.24 and forward P/E near 40.49 imply elevated earnings multiple; enterprise multiple sits near 36.24 and EVR at 1.93. Dividend yield at 0.63% with dividend payout ratio ~34.21%. WMDST values the stock as EVR 1.93, reflecting a moderate valuation level relative to cash-flow metrics and the elevated P/E multiple.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-07-31 |
| REPORT DATE: | 2026-09-08 |
| NEXT REPORT DATE: | 2026-12-08 |
| CASH FLOW | Begin Period Cash Flow | $ 94.9 M |
| Operating Cash Flow | $ 164.5 M | |
| Capital Expenditures | $ -18.40 M | |
| Change In Working Capital | $ 60.9 M | |
| Dividends Paid | $ -17.00 M | |
| Cash Flow Delta | $ 15.6 M | |
| End Period Cash Flow | $ 110.5 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.3 B | |
| Forward Revenue | $ 744.9 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 15.1 M | |
| Depreciation and Amortization | $ 30.6 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 2.2 B | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | $ 123.3 M | |
| EBIT | $ 92.7 M | |
| Operating Income | $ 99.3 M | |
| Interest Income | — | |
| Interest Expense | $ 29.5 M | |
| Net Interest Income | $ -29.50 M | |
| Income Before Tax | $ 63.2 M | |
| Tax Provision | $ 13.5 M | |
| Tax Rate | 21.361 % | |
| Net Income | $ 49.7 M | |
| Net Income From Continuing Operations | $ 49.8 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.01 | |
| EPS Actual | $ 1.04 | |
| EPS Difference | $ 0.03 | |
| EPS Surprise | 2.97 % | |
| Forward EPS | $ 1.09 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 5.6 B | |
| Intangible Assets | $ 3.1 B | |
| Net Tangible Assets | $ -1.28 B | |
| Total Current Assets | $ 2.0 B | |
| Cash and Short-Term Investments | $ 110.5 M | |
| Cash | $ 110.5 M | |
| Net Receivables | $ 1.2 B | |
| Inventory | — | |
| Long-Term Investments | $ 203.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 430.8 M | |
| Short-Term Debt | $ 41.8 M | |
| Total Current Liabilities | $ 1.4 B | |
| Net Debt | $ 1.7 B | |
| Total Debt | $ 1.9 B | |
| Total Liabilities | $ 3.8 B | |
| EQUITY | ||
| Total Equity | $ 1.8 B | |
| Retained Earnings | $ 1.4 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 30.54 | |
| Shares Outstanding | 58.615 M | |
| Revenue Per-Share | $ 39.53 | |
| VALUATION | Market Capitalization | $ 2.7 B |
| Enterprise Value | $ 4.5 B | |
| Enterprise Multiple | 36.241 | |
| Enterprise Multiple QoQ | 1.018 % | |
| Enterprise Multiple YoY | -10.722 % | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 1.928 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.129 | |
| Asset To Liability | 1.47 | |
| Debt To Capital | 0.513 | |
| Debt To Assets | 0.336 | |
| Debt To Assets QoQ | -3.691 % | |
| Debt To Assets YoY | 7.84 % | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | 1.051 | |
| Debt To Equity QoQ | -6.706 % | |
| Debt To Equity YoY | 17.2 % | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.506 | |
| Price To Book QoQ | 11.707 % | |
| Price To Book YoY | -7.244 % | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 44.239 | |
| Price To Earnings QoQ | -1.077 % | |
| Price To Earnings YoY | -24.689 % | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | 2.844 | |
| Price To Sales (P/S) | 1.164 | |
| Price To Sales QoQ | 13.039 % | |
| Price To Sales YoY | -12.946 % | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 40.489 | |
| Forward PE/G | 2.603 | |
| Forward P/S | 3.62 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 4.716 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.412 | |
| Asset Turnover Ratio QoQ | -1.624 % | |
| Asset Turnover Ratio YoY | -1.991 % | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | 1.886 | |
| Receivables Turnover Ratio QoQ | 2.637 % | |
| Receivables Turnover Ratio YoY | 10.02 % | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 48.386 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 48.386 | |
| Cash Conversion Cycle Days QoQ | -2.569 % | |
| Cash Conversion Cycle Days YoY | -9.108 % | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 3.923 | |
| CapEx To Revenue | -0.008 | |
| CapEx To Depreciation | -1.219 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 3.5 B | |
| Net Invested Capital | $ 3.6 B | |
| Invested Capital | $ 3.6 B | |
| Net Tangible Assets | $ -1.28 B | |
| Net Working Capital | $ 590.6 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.079 | |
| Current Ratio | 1.421 | |
| Current Ratio QoQ | -2.758 % | |
| Current Ratio YoY | -4.347 % | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 15.265 | |
| Cost Of Debt | 1.204 % | |
| Interest Coverage Ratio | 3.142 | |
| Interest Coverage Ratio QoQ | 0.57 % | |
| Interest Coverage Ratio YoY | -6.137 % | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | 0.117 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.924 | |
| Dividend Payout Ratio | 0.342 | |
| Dividend Rate | $ 0.29 | |
| Dividend Yield | 0.006 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -0.815 % | |
| Revenue Growth | 1.183 % | |
| Revenue Growth QoQ | -42.933 % | |
| Revenue Growth YoY | -77.755 % | |
| Revenue Growth IPRWA | — | |
| Earnings Growth | 15.556 % | |
| Earnings Growth QoQ | 84.444 % | |
| Earnings Growth YoY | -434.466 % | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | 4.001 % | |
| EBIT Margin QoQ | 4.356 % | |
| EBIT Margin YoY | 5.068 % | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | 4.286 % | |
| Return On Sales QoQ | 9.059 % | |
| Return On Sales YoY | 14.172 % | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 128.4 M | |
| Free Cash Flow Yield | 4.761 % | |
| Free Cash Flow Yield QoQ | 401.158 % | |
| Free Cash Flow Yield YoY | -5.685 % | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | 473.214 % | |
| Free Cash Growth QoQ | -974.735 % | |
| Free Cash Growth YoY | -46.68 % | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | 2.583 | |
| Cash Flow Margin | 7.099 % | |
| Cash Flow To Earnings | 3.31 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 0.884 % | |
| Return On Assets QoQ | 12.183 % | |
| Return On Assets YoY | 11.899 % | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | 2.208 % | |
| Return On Equity (ROE) | 0.028 | |
| Return On Equity QoQ | 12.617 % | |
| Return On Equity YoY | 21.594 % | |
| Return On Equity IPRWA | — | |
| DuPont ROE | 2.809 % | |
| Return On Invested Capital (ROIC) | 2.045 % | |
| Return On Invested Capital QoQ | 16.524 % | |
| Return On Invested Capital YoY | 15.276 % | |
| Return On Invested Capital IPRWA | — | |