ABM Historical Income Statement

ABM Stock  USD 44.46  0.14  0.32%   
Historical analysis of ABM Industries income statement accounts such as Interest Expense of 99.4 M, Selling General Administrative of 691.7 M or Total Revenue of 9.8 B can show how well ABM Industries Incorporated performed in making a profits. Evaluating ABM Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ABM Industries's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ABM Industries rporated latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ABM Industries rporated is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About ABM Income Statement Analysis

ABM Industries rporated Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ABM Industries shareholders. The income statement also shows ABM investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ABM Industries Income Statement Chart

ABM Industries Incorporated Income Statement is one of the three primary financial statements used for reporting ABM's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ABM Industries rporated revenue and expense. ABM Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ABM Industries' Operating Income is very stable compared to the past year. As of the 23rd of April 2024, EBIT is likely to grow to about 499.2 M, though Net Interest Income is likely to grow to (70.4 M).

Total Revenue

Total revenue comprises all receipts ABM Industries rporated generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ABM Industries Incorporated minus its cost of goods sold. It is profit before ABM Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ABM Industries rporated. It is also known as ABM Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from ABM Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ABM Industries rporated current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, ABM Industries' Operating Income is very stable compared to the past year. As of the 23rd of April 2024, EBIT is likely to grow to about 499.2 M, though Net Interest Income is likely to grow to (70.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense41.1M82.3M94.6M99.4M
Depreciation And Amortization74.4M120.7M138.8M145.7M

ABM Industries income statement Correlations

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ABM Industries Account Relationship Matchups

ABM Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization48.4M47.1M74.4M120.7M138.8M145.7M
Interest Expense44.6M28.6M41.1M82.3M94.6M99.4M
Selling General Administrative506.1M719.2M628.3M572.8M658.7M691.7M
Total Revenue6.0B6.2B7.8B8.1B9.3B9.8B
Gross Profit830.6M970.4M1.0B982.3M1.1B1.2B
Other Operating Expenses5.7B6.0B7.5B7.7B8.8B9.3B
Operating Income278.3M206.3M348.8M409.5M470.9M494.5M
Ebit278.3M206.3M348.8M413.4M475.4M499.2M
Ebitda326.7M253.4M423.2M534.1M614.2M644.9M
Cost Of Revenue5.2B5.3B6.8B7.1B8.2B8.6B
Total Operating Expenses5.7B6.0B7.5B7.7B8.8B9.3B
Income Before Tax53.3M179.8M310M331.1M380.8M399.8M
Total Other Income Expense Net(225M)(26.5M)(38.8M)3.9M3.5M3.7M
Net Income200K126.3M230.4M251.3M289.0M303.4M
Income Tax Expense53.1M53.5M79.6M79.7M91.7M96.2M
Net Income Applicable To Common Shares300K126.3M230.4M251.3M289.0M303.4M
Net Income From Continuing Ops200K126.3M230.4M251.3M289.0M303.4M
Non Operating Income Net Other3.2M3M2.1M2.4M2.2M4.0M
Tax Provision53.1M53.5M79.6M79.7M91.7M96.2M
Interest Income48.1M42.4M26.5M38.7M44.5M31.0M
Net Interest Income(44.6M)(28.6M)(41.1M)(82.3M)(74.1M)(70.4M)
Reconciled Depreciation96.4M89.9M72.1M120.7M138.8M105.1M

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

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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.
Pair CorrelationCorrelation Matching
When determining whether ABM Industries rporated is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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 Stocks Directory module to find actively traded stocks across global markets.

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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.