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ABM (ABM Industries) Return-on-Tangible-Asset : 6.95% (As of Apr. 2025)


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What is ABM Industries Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. ABM Industries's annualized Net Income for the quarter that ended in Apr. 2025 was $169 Mil. ABM Industries's average total tangible assets for the quarter that ended in Apr. 2025 was $2,429 Mil. Therefore, ABM Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2025 was 6.95%.

The historical rank and industry rank for ABM Industries's Return-on-Tangible-Asset or its related term are showing as below:

ABM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02   Med: 6.54   Max: 12.17
Current: 3.45

During the past 13 years, ABM Industries's highest Return-on-Tangible-Asset was 12.17%. The lowest was 0.02%. And the median was 6.54%.

ABM's Return-on-Tangible-Asset is ranked worse than
52.17% of 1081 companies
in the Business Services industry
Industry Median: 3.68 vs ABM: 3.45

ABM Industries Return-on-Tangible-Asset Historical Data

The historical data trend for ABM Industries's Return-on-Tangible-Asset 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.

* Premium members only.

ABM Industries Return-on-Tangible-Asset Chart

ABM Industries Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 6.92 12.17 12.13 3.72

ABM Industries Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.08 0.87 -2.12 7.55 6.95

Competitive Comparison of ABM Industries's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, ABM Industries's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ABM Industries's Return-on-Tangible-Asset falls into.


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ABM Industries Return-on-Tangible-Asset Calculation

ABM Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=81.4/( (2139.5+2238.9)/ 2 )
=81.4/2189.2
=3.72 %

ABM Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=168.8/( (2379.7+2477.9)/ 2 )
=168.8/2428.8
=6.95 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Apr. 2025) net income data.


ABM Industries  (NYSE:ABM) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


ABM Industries Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of ABM Industries's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


ABM Industries Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
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.
Executives
Scott B Salmirs officer: Executive Vice President 551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Sean Michael Mahoney officer: EVP, President-Sales & Mktng ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Rene Jacobsen officer: Pres - Business & Industry 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Dean A Chin officer: SVP - Chief Accounting Officer 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Earl Ray Ellis officer: EVP & Chief Financial Officer ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Andrea R Newborn officer: EVP/GEN. COUNSEL/CORP. SECTY. ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
James David Devries director ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Joshua H Feinberg officer: Executive Vice President ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Raul Javier Valentin officer: EVP and CHRO ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Linda Chavez director
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Scott J Giacobbe officer: Pres - Building & Energy 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Diego Anthony Scaglione officer: SVP/Treasurer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087