Abm Industries Incorporated Stock Net Income
| ABM Stock | USD 44.53 0.12 0.27% |
ABM Industries Incorporated fundamentals help investors to digest information that contributes to ABM Industries' financial success or failures. It also enables traders to predict the movement of ABM Stock. The fundamental analysis module provides a way to measure ABM Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ABM Industries stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 289 M | 303.4 M | |
| Net Income Applicable To Common Shares | 289 M | 303.4 M | |
| Net Income From Continuing Ops | 289 M | 303.4 M | |
| Net Income Per Share | 3.41 | 3.58 | |
| Net Income Per E B T | 0.68 | 0.54 |
ABM | Net Income |
ABM Industries Incorporated Company Net Income Analysis
ABM Industries' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current ABM Industries Net Income | 251.3 M |
Most of ABM Industries' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ABM Industries Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ABM Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for ABM Industries is extremely important. It helps to project a fair market value of ABM Stock properly, considering its historical fundamentals such as Net Income. Since ABM Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ABM Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ABM Industries' interrelated accounts and indicators.
ABM Net Income Historical Pattern
Today, most investors in ABM Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ABM Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ABM Industries net income as a starting point in their analysis.
ABM Industries Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
ABM Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, ABM Industries Incorporated reported net income of 251.3 M. This is 3.14% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 55.99% higher than that of the company.
ABM Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ABM Industries' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ABM Industries could also be used in its relative valuation, which is a method of valuing ABM Industries by comparing valuation metrics of similar companies.ABM Industries is currently under evaluation in net income category among related companies.
ABM Industries Institutional Holders
Institutional Holdings refers to the ownership stake in ABM Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ABM Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ABM Industries' value.| Shares | Copeland Capital Management, Llc | 2023-12-31 | 1.1 M | Silvercrest Asset Management Group Llc | 2023-12-31 | 1 M | Harris Associates L.p. | 2023-12-31 | 953.9 K | Northern Trust Corp | 2023-12-31 | 921.1 K | Jpmorgan Chase & Co | 2023-12-31 | 901.4 K | William Blair Investment Management, Llc | 2023-12-31 | 827.1 K | Bank Of America Corp | 2023-12-31 | 779.6 K | Ameriprise Financial Inc | 2023-12-31 | 730.1 K | Millennium Management Llc | 2023-12-31 | 710.7 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 8 M |
ABM Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0434 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 4.21 B | |||
| Shares Outstanding | 63.29 M | |||
| Shares Owned By Insiders | 1.59 % | |||
| Shares Owned By Institutions | 91.80 % | |||
| Number Of Shares Shorted | 2.47 M | |||
| Price To Earning | 64.99 X | |||
| Price To Book | 1.51 X | |||
| Price To Sales | 0.34 X | |||
| Revenue | 8.1 B | |||
| Gross Profit | 1.13 B | |||
| EBITDA | 534.1 M | |||
| Net Income | 251.3 M | |||
| Cash And Equivalents | 73 M | |||
| Cash Per Share | 0.97 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | 0.79 % | |||
| Current Ratio | 1.21 X | |||
| Book Value Per Share | 28.80 X | |||
| Cash Flow From Operations | 243.3 M | |||
| Short Ratio | 3.25 X | |||
| Earnings Per Share | 3.91 X | |||
| Price To Earnings To Growth | 4.45 X | |||
| Target Price | 50.83 | |||
| Number Of Employees | 123 K | |||
| Beta | 1.15 | |||
| Market Capitalization | 2.83 B | |||
| Total Asset | 4.93 B | |||
| Retained Earnings | 1.25 B | |||
| Working Capital | 492.8 M | |||
| Current Asset | 993.7 M | |||
| Current Liabilities | 599.2 M | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.92 % | |||
| Net Asset | 4.93 B | |||
| Last Dividend Paid | 0.89 |
About ABM Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ABM Industries Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABM Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABM Industries Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ABM Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABM Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABM Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with ABM Stock
| 0.9 | NL | NL Industries Earnings Call This Week | PairCorr |
Moving against ABM Stock
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The ability to find closely correlated positions to ABM Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABM Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABM Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABM Industries Incorporated to buy it.
The correlation of ABM Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABM Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABM Industries rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABM Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ABM Industries Piotroski F Score and ABM Industries Altman Z Score analysis. Note that the ABM Industries rporated information on this page should be used as a complementary analysis to other ABM Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for ABM Stock analysis
When running ABM Industries' price analysis, check to measure ABM Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.207 | Dividend Share 0.885 | Earnings Share 3.91 | Revenue Per Share 125.187 | Quarterly Revenue Growth 0.039 |
The market value of ABM Industries rporated is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.