ABM Q1 2023 Earnings — ABM Industries Incorporated Revenue & Financial Results | Market Cap Arena

ABMABM Industries Incorporated

$2B

Q1 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$2.0B+2.8% YoY

Gross Profit

$242M12.1% margin

Operating Income

$71M3.6% margin

Net Income

$39M1.9% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

-$71M

Free Cash Flow

-$85M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$3.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.9B	+2.8%
Gross Profit	$242M	$277M	-12.7%
Operating Income	$71M	$106M	-32.6%
Net Income	$39M	$76M	-49.3%

Revenue Segments

Janitorial

$1.2B65%

Facility Services

$329M17%

Parking

$183M10%

Building And Energy Solutions

$147M8%