ABM Q1 2024 Earnings — ABM Industries Incorporated Revenue & Financial Results | Market Cap Arena

ABMABM Industries Incorporated

$2B

Q1 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$2.1B+3.9% YoY

Gross Profit

$243M11.8% margin

Operating Income

$74M3.6% margin

Net Income

$45M2.2% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

-$100,000

Free Cash Flow

-$14M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.1B

Stockholders' Equity

$1.8B

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.0B	+3.9%
Gross Profit	$243M	$242M	+0.7%
Operating Income	$74M	$71M	+3.8%
Net Income	$45M	$39M	+16.1%

Revenue Segments

Janitorial

$1.3B65%

Facility Services

$311M16%

Parking

$199M10%

Building And Energy Solutions

$166M8%