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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash-to-Debt 0.20
ABM's Cash-to-Debt is ranked lower than
81% of the 714 Companies
in the Global Business Services industry.

( Industry Median: 1.25 vs. ABM: 0.20 )
Ranked among companies with meaningful Cash-to-Debt only.
ABM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.12 Max: No Debt
Current: 0.2
Equity-to-Asset 0.39
ABM's Equity-to-Asset is ranked lower than
66% of the 687 Companies
in the Global Business Services industry.

( Industry Median: 0.51 vs. ABM: 0.39 )
Ranked among companies with meaningful Equity-to-Asset only.
ABM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36  Med: 0.45 Max: 0.58
Current: 0.39
0.36
0.58
Interest Coverage 9.04
ABM's Interest Coverage is ranked lower than
68% of the 620 Companies
in the Global Business Services industry.

( Industry Median: 21.00 vs. ABM: 9.04 )
Ranked among companies with meaningful Interest Coverage only.
ABM' s Interest Coverage Range Over the Past 10 Years
Min: 5.26  Med: 8.91 Max: 170.39
Current: 9.04
5.26
170.39
Piotroski F-Score: 6
Altman Z-Score: 3.88
Beneish M-Score: -2.57
WACC vs ROIC
5.61%
8.01%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 1.98
ABM's Operating Margin % is ranked lower than
71% of the 703 Companies
in the Global Business Services industry.

( Industry Median: 5.94 vs. ABM: 1.98 )
Ranked among companies with meaningful Operating Margin % only.
ABM' s Operating Margin % Range Over the Past 10 Years
Min: 1.06  Med: 2.56 Max: 3.11
Current: 1.98
1.06
3.11
Net Margin % 0.25
ABM's Net Margin % is ranked lower than
74% of the 705 Companies
in the Global Business Services industry.

( Industry Median: 3.85 vs. ABM: 0.25 )
Ranked among companies with meaningful Net Margin % only.
ABM' s Net Margin % Range Over the Past 10 Years
Min: 0.25  Med: 1.59 Max: 1.94
Current: 0.25
0.25
1.94
ROE % 1.39
ABM's ROE % is ranked lower than
73% of the 684 Companies
in the Global Business Services industry.

( Industry Median: 8.54 vs. ABM: 1.39 )
Ranked among companies with meaningful ROE % only.
ABM' s ROE % Range Over the Past 10 Years
Min: 1.39  Med: 8.09 Max: 9.14
Current: 1.39
1.39
9.14
ROA % 0.58
ABM's ROA % is ranked lower than
71% of the 718 Companies
in the Global Business Services industry.

( Industry Median: 3.41 vs. ABM: 0.58 )
Ranked among companies with meaningful ROA % only.
ABM' s ROA % Range Over the Past 10 Years
Min: 0.58  Med: 3.54 Max: 4.79
Current: 0.58
0.58
4.79
ROC (Joel Greenblatt) % 29.38
ABM's ROC (Joel Greenblatt) % is ranked higher than
57% of the 706 Companies
in the Global Business Services industry.

( Industry Median: 22.48 vs. ABM: 29.38 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
ABM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.3  Med: 31.9 Max: 39.34
Current: 29.38
16.3
39.34
3-Year Revenue Growth Rate 4.60
ABM's 3-Year Revenue Growth Rate is ranked higher than
51% of the 568 Companies
in the Global Business Services industry.

( Industry Median: 4.60 vs. ABM: 4.60 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
ABM' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 1.2  Med: 5.4 Max: 14.4
Current: 4.6
1.2
14.4
3-Year EBITDA Growth Rate -11.60
ABM's 3-Year EBITDA Growth Rate is ranked lower than
80% of the 503 Companies
in the Global Business Services industry.

( Industry Median: 5.20 vs. ABM: -11.60 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
ABM' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -12.5  Med: 6.3 Max: 32.7
Current: -11.6
-12.5
32.7
3-Year EPS without NRI Growth Rate -0.90
ABM's 3-Year EPS without NRI Growth Rate is ranked lower than
62% of the 455 Companies
in the Global Business Services industry.

( Industry Median: 7.10 vs. ABM: -0.90 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
ABM' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -14.3  Med: 6.2 Max: 35.1
Current: -0.9
-14.3
35.1
GuruFocus has detected 8 Warning Signs with ABM Industries Inc $ABM.
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» ABM's 30-Y Financials

Financials (Next Earnings Date: 2017-09-07 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Business Services » Business Services    NAICS: 561720    SIC: 7349
Compare:NYSE:CVG, NYSE:TNET, NYSE:WAGE, NYSE:CEB, NAS:ABCO, OTCPK:WATKF, OTCPK:BSNXY, NAS:GK, NAS:TTEC, NYSE:NSR, NAS:EXLS, NYSE:WNS, NAS:HMSY, OTCPK:SCGPY, OTCPK:LFUGY, NYSE:RBA, NYSE:NSP, NYSE:EEX, NAS:CATM, NAS:EXPO » details
Traded in other countries:AB4.Germany,
Headquarter Location:USA
ABM Industries Inc is engaged in providing end-to-end integrated facility solutions to commercial, industrial, institutional, retail, residential, and governmental facilities located throughout the United States.

ABM Industries Inc was founded in 1909. The Company is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to thousands of commercial, governmental, industrial, institutional, residential, and retail client facilities in hundreds of cities throughout the United States. The Company's capabilities include expansive facility services, energy solutions, commercial cleaning, maintenance and repair, HVAC, electrical, landscaping, parking and security, through stand-alone or integrated solutions. The Company operates parking lots and garages at various facilities, including office buildings, hotels, medical centers, retail centers, sports and entertainment arenas, educational institutions, municipalities, and airports. Under the managed locations arrangements, the Company manages the underlying parking facility for the owner in exchange for a management fee. Under leased locations arrangements, the Company leases parking facilities from the owner and is responsible for a majority of the operating expenses incurred. Under these arrangements, it retains all revenues from monthly and transient parkers and pays rent to the owner per the terms and conditions of the lease. The lease terms generally range from one to five years and provide for payment of a fixed amount of rent plus a percentage of revenues. The Company provides security services to various businesses. Security services include staffing of security officers; mobile patrol services; investigative services; electronic monitoring of fire, life safety systems, and access control devices; and security consulting services. Clients served include high rise, commercial, industrial, retail, medical, petro-chemical, and residential facilities. Security staffing, or guarding, is the provision of dedicated security officers to a client facility. The Company has a technology platform that is utilized to augment guard force operations. It faces competition from Command Security Corporation; G2 Secure Staff, LLC; G4S plc; ISS; John Menzies plc; Mitie Group plc; OCS Group Limited; Prospect Aviation Corporation; SMS Holdings Corp; and Swissport International, LTD.p; and Swissport International, LTD.

Top Ranked Articles about ABM Industries Inc

ABM Industries to Announce Second Quarter 2017 Earnings Results
ABM Named One of America’s Best Places to Work in Healthcare by Modern Healthcare
ABM Industries to Announce First Quarter 2017 Earnings Results

Conference Call to be Held on March 8, 2017 at 8:30 AM (ET)
NEW YORK, Feb. 22, 2017 (GLOBE NEWSWIRE) -- ABM (NYSE:NYSE:ABM), a leading provider of facility solutions, announced today that it will release its earnings results for the Company’s first fiscal quarter of 2017 on Tuesday, March 7, 2017 after market close.
ABM will host its quarterly conference call for all interested parties on Wednesday, March 8, 2017 at 8:30 AM (ET).  The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, located at www.abm.com, or by dialing (877) 664-7395 approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company’s website.A replay will be available approximately two hours after the recording through March 15, 2017 and can be accessed by dialing (855) 859-2056 and then entering ID #77517060.  An archive will also be available on the ABM website for 90 days.ABOUT ABMABM (NYSE:NYSE:ABM) is a leading provider of facility solutions with revenues of approximately $5.1 billion and over 100,000 employees in 300 offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.
Contact:
Investor & Media Relations:
Susie A. Choi
(212) 297-9721
[email protected]

Read more...
ABM Industries Enters into Agreement to Settle Class Action Lawsuit

NEW YORK, Feb. 07, 2017 (GLOBE NEWSWIRE) -- ABM (NYSE:NYSE:ABM), a leading provider of facility solutions, today announced that on February 6, 2017, the Company entered into an agreement to settle all claims in the class action lawsuit Augustus et. al. v. ABM Security Services, Inc. on a class-wide basis for $110 million (pre-tax).  The settlement is subject to the final approval of the Superior Court of California, Los Angeles County.  The Augustus case relates to ABM’s security business which was sold in October 2015.   On December 22, 2016, the California Supreme Court reversed a judgment in favor of ABM in the Appeals Court and held in favor of the plaintiffs. The amount of the original judgment in Augustus was $89.7 million and attorney’s fees of $4.5 million, with interest continuing to accrue until the judgment is satisfied.  As of December 22, 2016, post-judgment interest was approximately $41.2 million. 
ABM has also entered into a settlement term sheet relating to Karapetyan v. ABM Industries Incorporated and ABM Security Services, Inc. to settle the case on a class-wide basis for $5 million.  Karapetyan, which also relates to ABM’s divested Security business, is a putative class action alleging that ABM violated certain California state laws relating to meal and rest breaks and other wage and hour claims. The Karapetyan settlement is contingent upon the finalization of a settlement agreement, final approval of the U.S. District Court for the Central District of California, and final approval by the Superior Court of the Augustus case.  In light of the recent decision by the Supreme Court of California in the Augustus case, and in consideration of the likely length of the appeals process as well as its uncertainty, ABM believes this settlement is in the best interests of the Company and its shareholders. The settlement does not constitute an admission of liability, culpability, negligence, or wrongdoing on the part of ABM. Scott Salmirs, President and Chief Executive Officer of ABM Industries, commented, "While we disagree with the decision of the California Supreme Court, we are pleased to have reached a resolution in these longstanding legal matters related to our previously-held Security business.” Mr. Salmirs continued, “We remain excited about our 2020 Vision and continue to be on track with our long term objectives.  We look forward to sharing our progress on our upcoming earnings call.”  The Company is currently evaluating the settlement’s financial impact and will provide additional details on its next quarterly conference call. The Company expects to announce earnings results for the first fiscal quarter of 2017 on Tuesday, March 7, 2017 after market close.  Details of the quarterly conference call will be announced in late February 2017.  ABOUT ABM ABM (NYSE:NYSE:ABM) is a leading provider of facility solutions with revenues of approximately $5.1 billion and over 100,000 employees in 300 offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com. Cautionary Statement under the Private Securities Litigation Reform Act of 1995 This press release contains both historical and forward-looking statements. In this context, ABM Industries Incorporated (“ABM”) and its subsidiaries (collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”). We make forward-looking statements related to future expectations, estimates and projections that are uncertain, and often contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “may,” “outlook,” “plan,” “predict,” “should,” “target,” or other similar words or phrases. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and assumptions that are difficult to predict. For us, particular uncertainties that could cause our actual results to be materially different from those expressed in our forward-looking statements include: (1) changes to our businesses, operating structure, financial reporting structure, or personnel relating to the implementation of our 2020 Vision strategic transformation initiative may not have the desired effects on our financial condition and results of operations; (2) we may face difficulties identifying, acquiring, and integrating businesses; (3) we have high deductibles for certain insurable risks, and therefore we are subject to volatility associated with those risks, including the possibility that changes in estimates of ultimate insurance losses could result in a material charge against our earnings; (4) our risk management and safety programs may not have the intended effect of allowing us to reduce our insurance costs for casualty programs; (5) our business success depends on our ability to attract and retain qualified personnel and senior management; (6) our business success depends on our ability to preserve our long-term client relationships; (7) losses or other incidents at facilities in which we operate could cause significant damage to our reputation and financial loss; (8) our success depends on our ability to continue to gain profitable business despite competitive pressures; (9) costs that we cannot pass through to clients could affect our profitability; (10) our business may be negatively impacted by adverse weather conditions; (11) negative or unexpected tax consequences could adversely affect our results of operations; (12) we may not achieve the expected benefits from our captive insurance company; (13) changes in energy prices and government regulations could adversely impact the results of operations of our Building & Energy Solutions business; (14) significant delays or reductions in appropriations for our government contracts may negatively affect our business and could have an adverse effect on our financial position, results of operations, and cash flows; (15) our ability to do business may be affected by the failure of our joint venture partners to perform their obligations; (16) we could be subject to cyber-security risks, information technology interruptions, and business continuity risks; (17) operations in areas of military conflict expose us to additional risks; (18) general reductions in commercial office building occupancy could affect our revenues and profitability; (19) deterioration of general economic conditions could reduce the demand for facility services and, as a result, reduce our earnings and adversely affect our financial condition; (20) unfavorable developments in our class and representative actions and other lawsuits alleging various claims could cause us to incur substantial liabilities; (21) changes in immigration laws or enforcement actions or investigations under such laws could significantly adversely affect our labor force, operations, and financial results; (22) our participation in multiemployer pension plans could result in material liabilities; (23) future increases in the level of our borrowings or in interest rates could affect our results of operations; (24) impairment of goodwill and long-lived assets could have a material adverse effect on our financial condition and results of operations; (25) actions of activist investors could disrupt our business; and (26) catastrophic events, disasters, and terrorist attacks could disrupt our services. The list of factors above is illustrative and by no means exhaustive. Additional information regarding these and other risks and uncertainties we face is contained in our Annual Report on Form 10-K for the year ended October 31, 2015 and in other reports we file from time to time with the Securities and Exchange Commission (including all amendments to those reports). We urge readers to consider these risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward- looking statements, which speak only as of the date made. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Contact:
Investor & Media Relations:
Susie A. Choi
(212) 297-9721
[email protected]

Read more...
ABM and Heller Machine Tools Secure Largest PACE Investment in Michigan

Heller Machine Tools L.P. to Save $1.6M in Energy and Operating Costs with ABM’s Energy Performance Contracting Program

NEW YORK, Feb. 02, 2017 (GLOBE NEWSWIRE) -- ABM (NYSE:NYSE:ABM), a leading provider of facility solutions, announced today that ABM Technical Solutions has signed an agreement to implement the largest PACE-financed project in Michigan for Heller Machine Tools L.P. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a4f12f11-c16c-4ba4-b2b8-79fcd5f09716 ABM’s customized solution will provide energy efficiency upgrades and facility enhancements to the company’s U.S. headquarters in Troy, Michigan and is guaranteed to save more than $1.6 million in energy and operating costs over a 15-year period. Project work began June 2016 and is scheduled to be completed in February 2017. ABM’s energy performance contracting program is designed as a financial mechanism to meet clients’ technical facility needs and sustainability goals. For ABM, the goal is to drive costs out of a client’s operating budget, allowing savings to be reallocated to fund mission critical facility needs. Watch this video to discover how ABM is reducing owning and operating costs to create more efficient and sustainable commercial buildings across the nation. Heller Machine Tools L.P. had more than 30 HVAC units at their manufacturing facility that were aging past their useful lives and no central energy management system to control their operation. The company was an established maintenance client of ABM and wanted to determine a proactive, cost-effective strategy to replace this aging equipment as well as reduce the facility’s overall energy waste. Together, ABM and Heller Machine Tools L.P. determined a strategy to replace all of the facility’s aging equipment with state-of-the-art, energy-efficient systems using the City’s recently implemented PACE financing program. The City of Troy established its PACE program by joining Lean & Green Michigan with a unanimous City Council vote in February 2016. PACE is a revolutionary financing tool that enables investment in comprehensive energy efficiency, water efficiency and renewable energy projects by eliminating the need for upfront capital. Instead, the PACE program spreads costs over 10 to 20 years, so that the savings generated from projects are greater than the annual PACE loan repayment – generating immediate positive cash flow. Plus, under Michigan's PACE statute, the contractor doing the work, in this case ABM, must guarantee the energy savings on all projects of $250,000 and up. Therefore, if the projected energy and operational savings are not met in any of the 15 years of the project’s contract, ABM will pay the difference directly to Heller Machine Tools L.P. ABM’s project will provide more than $978,600 of energy-saving improvements, which includes replacing 30 rooftop units with new, energy-efficient HVAC units, installing a web-based building automation system, interior/exterior LED lighting and controls, and replacing the oldest section of the facility’s ballasted roof with heat-reflective, energy-efficient white thermoplastic polyolefin (TPO) roofing. Other energy efficiency improvements include building envelope enhancements and damper automation to reclaim heat from shop-compressed air operation. The facility is also on track to be one of a select few manufacturing facilities that is ENERGY STAR certified and is estimated to reduce carbon emissions by 357.7 metric tons per year. Altogether, the benefits of ABM’s energy performance contracting program is guaranteed to yield energy and operational costs savings in excess of $1.7 Million over 15 years garnered from: ● Total Annual Electrical Savings: 460,029 kWh
 460,029 kWh● Total Annual Natural Gas Usage Reduction 658 MMBTU● Total Annual Carbon Reduction 357.5 Metric Tons● Total Utility Savings$857,376● Total Operational Savings$44,500/Year   Supporting Quotes
“A typical commercial building wastes 30 percent of the energy it uses. With the help of ABM, Heller Machine Tools will not only capture those savings in energy and operations costs, but also redeploy savings to modernize the company’s facility. By upgrading to state-of-the-art, energy-efficient equipment and implementing ABM’s Guaranteed Maintenance Program, Heller Machine Tools will benefit from a 15 - year contract that guarantees energy savings and safeguards against equipment failure,” said Scott Giacobbe, President of ABM Technical Solutions.  “The PACE program provided Heller with the opportunity to make major improvements in our facility with no initial cash outlay and positive cash flow through energy and maintenance cost savings. It also allows Heller to reduce our carbon footprint,” said Keith Vandenkieboom, President/CEO of Heller Machine Tools L.P. Click to Tweet: ABM Wins Biggest PACE-Financed Project in Michigan, Saves Manufacturer $1.6 in Energy & Operating Costs: bit.ly/1MGLkRU Related ABM to Reduce Southern California Federal Buildings' Energy and Operating Costs by Nearly $50 Million.Article: Energizing Historic Georgetown with Efficiency UpgradesABM Energy Blog: Top 5 Energy Efficiency Trends to Track in 2016. Connect with ABM Join ABM on LinkedInFollow ABM on TwitterVisit ABM’s Sustainability BlogJoin ABM on FacebookJoin ABM on Google ABOUT ABM ABM (NYSE:NYSE:ABM) is a leading provider of facility solutions with revenues of approximately $5.1 billion and over 100,000 employees in 300 offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com. ABOUT HELLER MACHINE TOOLS L.P. HELLER was founded in 1894 as a small craftsman’s workshop in Germany. Today a world leading manufacturer with 2,470 employees, the group develops and produces state-of-the-art machine tools and entire production systems for metal-cutting processes. The HELLER product range includes 4-axis and 5-axis CNC machining centers, CNC mill/turning centers, CNC machines for crankshaft and camshaft machining, flexible manufacturing systems and a range of services from application engineering to on-site customer service and support, and full turnkey system management. The group is dedicated to delivering to its customers Lifetime Productivity.
Contact
Investors & Media Relations:
Susie Choi
212.297.9721
[email protected]

Read more...
ABM Names Art A. Garcia and Filippo Passerini to its Board of Directors

NEW YORK, Jan. 25, 2017 (GLOBE NEWSWIRE) -- ABM (NYSE:NYSE:ABM), a leading provider of facility solutions, today announced that its Board of Directors has elected Art A. Garcia and Filippo Passerini as independent directors, effective immediately.  Committee appointments for Messrs. Garcia and Passerini will be finalized in March 2017. 
Maryellen Herringer, Chairman of the Board of Directors of ABM said, “We welcome Art and Filippo as the newest additions to our board, and look forward to their insights and contributions as ABM continues to execute its transformative 2020 Vision to enhance shareholder value.” Scott Salmirs, President and Chief Executive Officer of ABM, said, “Art and Filippo bring extensive business knowledge and executive experience to our strong and diverse board.  The election of Art and Filippo demonstrates our commitment to long-term succession planning at the Board level, and attracting high caliber leaders as members of our Board.” Mr. Garcia is the Executive Vice President and Chief Financial Officer of Ryder System, Inc., a publicly-traded commercial fleet and supply chain management solutions company, a position he has held since 2010.  Mr. Garcia has held several senior-level positions since joining Ryder in 1997, including the roles of Senior Vice President, Controller and Chief Accounting Officer and Group Director of Accounting Services.  Prior to joining Ryder, Mr. Garcia spent 14 years with the Miami office of the accounting firm Coopers & Lybrand LLP as Senior Manager of Business Assurance.  Mr. Garcia brings extensive business, financial and management experience to the ABM Board of Directors. Mr. Passerini is an Operating Executive in U.S. Buyouts at Carlyle Group, a position he has held since 2015. Prior to his tenure at the Carlyle Group, Mr. Passerini was an executive at Procter & Gamble, a leading multinational manufacturer of consumer goods, most recently serving as Officer on Special Assignment to the President and CEO of Procter & Gamble. Prior to that, Mr. Passerini served as Procter & Gamble’s Group President, Global Business Services (GBS) and Chief Information Officer (CIO), respectively.  Mr. Passerini joined Procter & Gamble in 1981 and held executive positions globally. Mr. Passerini currently serves on the Board of Directors for Integer Holdings Corporation and United Rentals, Inc.  Mr. Passerini brings more than three decades of global experience in operations, information technology, shared services and general management roles to the ABM Board of Directors. ABOUT ABM ABM (NYSE:NYSE:ABM) is a leading provider of facility solutions with revenues of approximately $5.1 billion and over 100,000 employees in 300 offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.
Contact:
Investor & Media Relations:
Susie A. Choi
(212) 297-9721
[email protected]

Read more...
Mariko Gordon Invested in 5 Companies in 2nd Quarter Guru's top new purchases were shares of ABM Industries, Comfort Systems, Invacare
Three of Mariko Gordon (Trades, Portfolio)’s five largest second-quarter transactions for Daruma Capital Management were investments in companies that are new to the portfolio – ABM Industries Inc. (NYSE:ABM), Comfort Systems USA Inc. (NYSE:FIX) and Invacare Corp. (NYSE:IVC). Read more...
Athabasca Minerals Inc. Closes Sale of Obed Transloading Facility and Commissions Emerson Road Aggregate Operation

EDMONTON, ALBERTA--(Marketwired - Jun 29, 2016) - Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX VENTURE:ABM) is pleased to announce the closing of the sale of Athabasca's rights, title and interests surrounding three leases bordering the Obed Transloading Facility ("Obed Facility") to Wayfinder Corp. ("Wayfinder"), for a purchase price of Cdn $800,000. As part of the closing of the sale, Athabasca maintains the rights to:

Construct, operate and maintain a drying facility on lands adjacent to the Obed facility.



Work with Wayfinder in utilizing the existing rail infrastructure to sell certain aggregates.



Act as a domestic supplier of sand, gravel, borrow or aggregates material to Wayfinder for Wayfinder's operations at the Obed site and adjacent leases.



Act as a third party contractor to Wayfinder for any road maintenance work, civil earthwork or site development work surrounding Wayfinder's operations at the Obed Facility and adjacent leases.



Athabasca will maintain the ability to distribute frac sand from the Firebag Frac Sand Project ("Firebag Project") via the Obed Facility.





Emerson Road Aggregate Operation The Corporation is also pleased to announce the commissioning of the Emerson Road Aggregate Operation ("Emerson Pit"). The Emerson Pit is a 55 acre parcel of land and contains an aggregate supply for immediate sale to regional customers, which includes Wayfinder and their proposed development at the Obed Facility. The Emerson Pit is the Corporation's first aggregate operation located outside of the Wood Buffalo region, and is part of the corporate mandate of diversification of operations into areas with increasing demand for sand and gravel in Western Canada. President Scott MacDougall states; "We are excited to work with Wayfinder on their proposed development at the Obed Facility, and look forward to supplying sand and gravel to regional customers in the Hinton and Edson area of Alberta. Our staff at Athabasca look forward to new opportunities in Western Canada, which can utilize our effective and efficient aggregate development, sales channels, production processes and inventory management." Potential customers for aggregates from the Emerson Pit are welcome to contact our sales team for detailed pricing on aggregates. About Athabasca Minerals The Corporation is a resource company involved in the management, exploration and development of aggregate projects. These activities include contracts works, aggregate pit management, aggregate production and sales from corporate-owned pits, new aggregate development and acquisitions of sand and gravel operations. The Corporation also has industrial mineral land holdings for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development. Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by the Corporation. The forward-looking statements or information contained in this news release are made as of the date hereof and the Corporation does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.





Athabasca Minerals Inc.
Dean Stuart
403-517-2270
[email protected]




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Ratios

vs
industry
vs
history
PE Ratio 174.00
ABM's PE Ratio is ranked lower than
97% of the 545 Companies
in the Global Business Services industry.

( Industry Median: 21.82 vs. ABM: 174.00 )
Ranked among companies with meaningful PE Ratio only.
ABM' s PE Ratio Range Over the Past 10 Years
Min: 10.04  Med: 20.07 Max: 184.5
Current: 174
10.04
184.5
PE Ratio without NRI 26.60
ABM's PE Ratio without NRI is ranked lower than
59% of the 548 Companies
in the Global Business Services industry.

( Industry Median: 21.98 vs. ABM: 26.60 )
Ranked among companies with meaningful PE Ratio without NRI only.
ABM' s PE Ratio without NRI Range Over the Past 10 Years
Min: 10.92  Med: 20.26 Max: 48.44
Current: 26.6
10.92
48.44
PB Ratio 2.50
ABM's PB Ratio is ranked lower than
51% of the 670 Companies
in the Global Business Services industry.

( Industry Median: 2.40 vs. ABM: 2.50 )
Ranked among companies with meaningful PB Ratio only.
ABM' s PB Ratio Range Over the Past 10 Years
Min: 0.96  Med: 1.63 Max: 2.73
Current: 2.5
0.96
2.73
PS Ratio 0.45
ABM's PS Ratio is ranked higher than
82% of the 677 Companies
in the Global Business Services industry.

( Industry Median: 1.30 vs. ABM: 0.45 )
Ranked among companies with meaningful PS Ratio only.
ABM' s PS Ratio Range Over the Past 10 Years
Min: 0.17  Med: 0.34 Max: 0.56
Current: 0.45
0.17
0.56
Price-to-Free-Cash-Flow 123.54
ABM's Price-to-Free-Cash-Flow is ranked lower than
94% of the 324 Companies
in the Global Business Services industry.

( Industry Median: 21.12 vs. ABM: 123.54 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
ABM' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.93  Med: 13.73 Max: 131.01
Current: 123.54
6.93
131.01
Price-to-Operating-Cash-Flow 31.47
ABM's Price-to-Operating-Cash-Flow is ranked lower than
87% of the 398 Companies
in the Global Business Services industry.

( Industry Median: 13.23 vs. ABM: 31.47 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
ABM' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5.28  Med: 10.98 Max: 33.37
Current: 31.47
5.28
33.37
EV-to-EBIT 23.05
ABM's EV-to-EBIT is ranked lower than
68% of the 550 Companies
in the Global Business Services industry.

( Industry Median: 16.36 vs. ABM: 23.05 )
Ranked among companies with meaningful EV-to-EBIT only.
ABM' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.7  Med: 14.5 Max: 43.9
Current: 23.05
5.7
43.9
EV-to-EBITDA 15.23
ABM's EV-to-EBITDA is ranked lower than
61% of the 585 Companies
in the Global Business Services industry.

( Industry Median: 12.37 vs. ABM: 15.23 )
Ranked among companies with meaningful EV-to-EBITDA only.
ABM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5  Med: 10.3 Max: 22.8
Current: 15.23
5
22.8
Shiller PE Ratio 36.25
ABM's Shiller PE Ratio is ranked lower than
65% of the 161 Companies
in the Global Business Services industry.

( Industry Median: 29.39 vs. ABM: 36.25 )
Ranked among companies with meaningful Shiller PE Ratio only.
ABM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.28  Med: 18.58 Max: 39.08
Current: 36.25
10.28
39.08
Current Ratio 1.43
ABM's Current Ratio is ranked lower than
59% of the 702 Companies
in the Global Business Services industry.

( Industry Median: 1.62 vs. ABM: 1.43 )
Ranked among companies with meaningful Current Ratio only.
ABM' s Current Ratio Range Over the Past 10 Years
Min: 1.43  Med: 1.9 Max: 2.29
Current: 1.43
1.43
2.29
Quick Ratio 1.43
ABM's Quick Ratio is ranked lower than
51% of the 702 Companies
in the Global Business Services industry.

( Industry Median: 1.45 vs. ABM: 1.43 )
Ranked among companies with meaningful Quick Ratio only.
ABM' s Quick Ratio Range Over the Past 10 Years
Min: 1.3  Med: 1.78 Max: 2.2
Current: 1.43
1.3
2.2
Days Sales Outstanding 59.15
ABM's Days Sales Outstanding is ranked higher than
51% of the 551 Companies
in the Global Business Services industry.

( Industry Median: 59.57 vs. ABM: 59.15 )
Ranked among companies with meaningful Days Sales Outstanding only.
ABM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.67  Med: 48.82 Max: 59.15
Current: 59.15
46.67
59.15
Days Payable 15.74
ABM's Days Payable is ranked lower than
79% of the 468 Companies
in the Global Business Services industry.

( Industry Median: 39.77 vs. ABM: 15.74 )
Ranked among companies with meaningful Days Payable only.
ABM' s Days Payable Range Over the Past 10 Years
Min: 7.93  Med: 12.47 Max: 15.74
Current: 15.74
7.93
15.74

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.60
ABM's Dividend Yield % is ranked lower than
69% of the 678 Companies
in the Global Business Services industry.

( Industry Median: 2.30 vs. ABM: 1.60 )
Ranked among companies with meaningful Dividend Yield % only.
ABM' s Dividend Yield % Range Over the Past 10 Years
Min: 1.49  Med: 2.3 Max: 4.13
Current: 1.6
1.49
4.13
Dividend Payout Ratio 0.43
ABM's Dividend Payout Ratio is ranked higher than
68% of the 409 Companies
in the Global Business Services industry.

( Industry Median: 0.43 vs. ABM: 0.43 )
Ranked among companies with meaningful Dividend Payout Ratio only.
ABM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.43  Med: 0.5 Max: 0.68
Current: 0.43
0.43
0.68
3-Year Dividend Growth Rate 3.20
ABM's 3-Year Dividend Growth Rate is ranked lower than
62% of the 285 Companies
in the Global Business Services industry.

( Industry Median: 7.00 vs. ABM: 3.20 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
ABM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.9  Med: 5.3 Max: 17
Current: 3.2
0.9
17
Forward Dividend Yield % 1.63
ABM's Forward Dividend Yield % is ranked lower than
75% of the 624 Companies
in the Global Business Services industry.

( Industry Median: 2.54 vs. ABM: 1.63 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 1.88
ABM's 5-Year Yield-on-Cost % is ranked lower than
71% of the 815 Companies
in the Global Business Services industry.

( Industry Median: 1.43 vs. ABM: 1.88 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
ABM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.75  Med: 2.71 Max: 4.86
Current: 1.88
1.75
4.86
3-Year Average Share Buyback Ratio -0.10
ABM's 3-Year Average Share Buyback Ratio is ranked higher than
72% of the 423 Companies
in the Global Business Services industry.

( Industry Median: -1.50 vs. ABM: -0.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ABM' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -6.8  Med: -1.8 Max: 2.8
Current: -0.1
-6.8
2.8

Valuation & Return

vs
industry
vs
history
Price-to-Intrinsic-Value-Projected-FCF 1.38
ABM's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
56% of the 366 Companies
in the Global Business Services industry.

( Industry Median: 1.54 vs. ABM: 1.38 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
ABM' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.59  Med: 1.24 Max: 2.52
Current: 1.38
0.59
2.52
Price-to-Median-PS-Value 1.32
ABM's Price-to-Median-PS-Value is ranked lower than
61% of the 604 Companies
in the Global Business Services industry.

( Industry Median: 1.18 vs. ABM: 1.32 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
ABM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36  Med: 0.97 Max: 1.55
Current: 1.32
0.36
1.55
Earnings Yield (Greenblatt) % 4.32
ABM's Earnings Yield (Greenblatt) % is ranked lower than
52% of the 717 Companies
in the Global Business Services industry.

( Industry Median: 4.77 vs. ABM: 4.32 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
ABM' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 2.3  Med: 6.9 Max: 17.6
Current: 4.32
2.3
17.6
Forward Rate of Return (Yacktman) % -1.61
ABM's Forward Rate of Return (Yacktman) % is ranked lower than
76% of the 376 Companies
in the Global Business Services industry.

( Industry Median: 10.52 vs. ABM: -1.61 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
ABM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -3.4  Med: 13.5 Max: 23.6
Current: -1.61
-3.4
23.6

More Statistics

Revenue (TTM) (Mil) $5,256.40
EPS (TTM) $ 0.24
Beta0.59
Short Percentage of Float2.20%
52-Week Range $35.03 - 45.03
Shares Outstanding (Mil)55.77
» More Articles for ABM

Headlines

Articles On GuruFocus.com
ABM Industries to Announce Second Quarter 2017 Earnings Results May 25 2017 
ABM Named One of America’s Best Places to Work in Healthcare by Modern Healthcare May 23 2017 
ABM Industries to Announce First Quarter 2017 Earnings Results Feb 22 2017 
ABM Industries Enters into Agreement to Settle Class Action Lawsuit Feb 07 2017 
ABM and Heller Machine Tools Secure Largest PACE Investment in Michigan Feb 02 2017 
ABM Names Art A. Garcia and Filippo Passerini to its Board of Directors Jan 25 2017 
Bob Olstein's Olstein Strategic Opportunities Fund 2nd Quarter Commentary Sep 01 2016 
Mariko Gordon Invested in 5 Companies in 2nd Quarter Aug 21 2016 
Athabasca Minerals Inc. Closes Sale of Obed Transloading Facility and Commissions Emerson Road Aggre Jun 29 2016 
Athabasca Minerals Annual General Meetings Results Jun 20 2016 

More From Other Websites
ABM Appoints New General Counsel Jun 26 2017
ABM to Save Significant Energy Costs of Federal Buildings Jun 26 2017
Edited Transcript of ABM earnings conference call or presentation 8-Jun-17 12:30pm GMT Jun 22 2017
US Department of Energy Selects ABM for Energy Savings Performance Contract Jun 21 2017
Featured Company News - Fiserv to Acquire Monitise PLC; Set to Enhance its Global Payment Offerings Jun 15 2017
ETFs with exposure to ABM Industries, Inc. : June 13, 2017 Jun 13 2017
ABM Industries, Inc. breached its 50 day moving average in a Bearish Manner : ABM-US : June 13, 2017 Jun 13 2017
ABM Industries, Inc. :ABM-US: Earnings Analysis: Q2, 2017 By the Numbers : June 12, 2017 Jun 12 2017
McLean contractor buys ABM Industries' government services business Jun 08 2017
ABM Industries (ABM) Beats Q2 Earnings, Raises FY17 View Jun 08 2017
ABM Industries beats 2Q profit forecasts Jun 07 2017
ABM Announces COO Succession Plan Jun 07 2017
ABM Industries Announces Results for Second Quarter Fiscal 2017 Jun 07 2017
ABM Industries (ABM) Q2 Earnings: What's in the Cards? Jun 05 2017
ABM Industries, Inc. breached its 50 day moving average in a Bullish Manner : ABM-US : June 1, 2017 Jun 01 2017
ABM Industries to Announce Second Quarter 2017 Earnings Results May 25 2017
ABM Named One of America’s Best Places to Work in Healthcare by Modern Healthcare May 23 2017
ABM Industries, Inc. – Value Analysis (NYSE:ABM) : May 15, 2017 May 15 2017
ABM Industries, Inc. breached its 50 day moving average in a Bearish Manner : ABM-US : May 12, 2017 May 12 2017
Cimpress (CMPR) Reports Wider-than-Expected Loss in Q3 Apr 27 2017

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