ABM Free Cash Flow from 2010 to 2024
| ABM Stock | USD 44.65 0.19 0.43% |
Free Cash Flow | First Reported 1990-01-31 | Previous Quarter 121.2 M | Current Value -13.7 M | Quarterly Volatility 43.7 M |
Check ABM Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABM main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.7 M, Interest Expense of 99.4 M or Selling General Administrative of 691.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0255 or PTB Ratio of 1.34. ABM financial statements analysis is a perfect complement when working with ABM Industries Valuation or Volatility modules.
ABM | Free Cash Flow |
Latest ABM Industries' Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of ABM Industries Incorporated over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. ABM Industries' Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ABM Industries' overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
|
Free Cash Flow |
| Timeline |
ABM Free Cash Flow Regression Statistics
| Arithmetic Mean | 146,310,283 | |
| Coefficient Of Variation | 88.87 | |
| Mean Deviation | 105,160,436 | |
| Median | 122,559,000 | |
| Standard Deviation | 130,026,358 | |
| Sample Variance | 16906.9T | |
| Range | 471.1M | |
| R-Value | 0.45 | |
| Mean Square Error | 14451.5T | |
| R-Squared | 0.21 | |
| Significance | 0.09 | |
| Slope | 13,205,242 | |
| Total Sum of Squares | 236696T |
ABM Free Cash Flow History
Other Fundumenentals of ABM Industries rporated
ABM Industries Free Cash Flow component correlations
About ABM Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ABM Industries income statement, its balance sheet, and the statement of cash flows. ABM Industries investors use historical funamental indicators, such as ABM Industries's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although ABM Industries investors may use each financial statement separately, they are all related. The changes in ABM Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ABM Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ABM Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ABM Industries. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | 219.3 M | 230.3 M | |
| Free Cash Flow Yield | 0.07 | 0.04 | |
| Free Cash Flow Per Share | 2.60 | 2.73 | |
| EV To Free Cash Flow | 23.94 | 22.74 | |
| Price To Free Cash Flows Ratio | 15.66 | 14.87 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.90 | 0.95 |
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
| 0.91 | NL | NL Industries Earnings Call This Week | PairCorr |
Moving against ABM Stock
| 0.85 | HDSN | Hudson Technologies Earnings Call This Week | PairCorr |
| 0.79 | HURN | Huron Consulting Earnings Call This Week | PairCorr |
| 0.71 | RGP | Resources Connection Financial Report 22nd of July 2024 | PairCorr |
| 0.62 | BTM | Bitcoin Depot Symbol Change | PairCorr |
| 0.56 | GFL | Gfl Environmental | PairCorr |
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 the analysis of ABM Industries Correlation against competitors. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.