What is ABM Industries Earnings Yield (Joel Greenblatt) %?
ABM Industries's Enterprise Value for the quarter that ended in Jan. 2025 was $4,921 Mil.
ABM Industries's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 was $222 Mil. ABM Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2025 was 4.50%.
The historical rank and industry rank for ABM Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ABM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.65 Med: 4.73 Max: 10.5
Current: 4.96
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ABM Industries was 10.50%. The lowest was 1.65%. And the median was 4.73%.
ABM's Earnings Yield (Joel Greenblatt) % is ranked worse than 56.49% of 1094
companies
in the Business Services industry
Industry Median: 6.37
vs ABM: 4.96
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. ABM Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2025 was 22.59%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
ABM Industries Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for ABM Industries's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of ABM Industries's Earnings Yield (Joel Greenblatt) %
For the Specialty Business Services subindustry, ABM Industries's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ABM Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, ABM Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ABM Industries's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
ABM Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2024 is calculated as
ABM Industries's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $222 Mil.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
ABM Industries Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of ABM Industries's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, hospitals, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ABM has been successfully added to your 