ABMABM INDUSTRIES INC /DE/
Services-To Dwellings & Other Buildings
- Revenue
- $8.7B
- 4.6% YoY
- Operating margin
- 3.6%
- 41% YoY
- EBITDA
- $417M
- 31% YoY
- Market cap
- $3.1B
- Employees
- 113,000
- $77K revenue each
- Net debt / EBITDA
- 3.9×
- $1.6B net debt
- AI in 10-K
- 1.4
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo144% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo80% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyYes49% of assetsOver 40% of assets
- Shareholder dissentNo96% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$77K · 4th pctBottom quartile of its SIC industry
- Quiet on AINo1.4 per 10K words · 44th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo3.9× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$3.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$4M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.2B | $7.8B | $8.1B | $8.4B | $8.7B | 4.6% |
| Operating income | $206M | $349M | $410M | $212M | $312M | 47% |
| Net income | $126M | $230M | $251M | $81M | $162M | 100% |
| Operating cash flow | $314M | $20M | $243M | $227M | $234M | 3.4% |
| Capex | $34M | $51M | $53M | $59M | $79M | 34% |
| Stock-based comp | $34M | $31M | $31M | $30M | $38M | 27% |
| Buybacks | $0 | $98M | $138M | $56M | $122M | 118% |
| Dividends | $51M | $52M | $58M | $57M | $66M | 16% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $4M · 6
- Net
- −$4M
Pay vs performance
No pay-versus-performance disclosure yet.