Credit and interest ratespositive · 6 filings
“No amounts under the Amended Credit Facility were repaid as a result of the execution of the First Incremental Term Loan.”10-Q · Sep 8, 2026 ↗
ABM Industries Incorporated
ABM
Market read
ABM Industries Incorporated's current read is isolated; its market group is not confirming.
The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
What changed
- Revenue increased 8.4% versus the comparable filing period.
Company-1.0% todayVolume comparison unavailable
Market group0 of 1 activeFacility Maintenance Services · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- ABM's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ABM's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 8.4% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- ABM's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements190
Verified relationships3
Evidence supporting the case
- Operating margin changed +1.0 percentage points in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 6 filings.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
49.046m+20.0%12m+6.9%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-10-31$6.2B+4.0%$1.86+1.0%
2022-10-31$7.8B+25.3%$3.41-0.7%
2023-10-31$8.1B+3.7%$3.79-1.8%
2024-10-31$8.4B+3.2%$1.28-4.1%
2025-10-31$8.7B+4.6%$2.59-1.4%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 3 filings
“This decrease was partially offset by: • a $14.6 million increase in restructuring charges under our Restructuring Program.”10-Q · Sep 8, 2026 ↗
Demand and volumepositive · 2 filings
“The revenue increase was primarily driven by client expansions domestically and new client wins internationally as well as higher volumes of work orders across all geographies.”10-Q · Mar 10, 2026 ↗
Pricing and mixpositive · 2 filings
“The increase in operating profit margin was primarily attributable to favorable pricing and operational efficiencies, particularly in managing overtime.”10-Q · Sep 8, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
49.27-1.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ABM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-06-05 against the comparable filing from 2025-06-06.
OperationsmixedEvidence score +1
liquidityneutralEvidence score 0
valuationdiscount
What improved
- Revenue increased 8.4% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Interest Expense Interest expense increased by $4.2 million, or 17.6%, to $28.1 million during the three months ended April 30, 2026, as compared to the prior year period, and was driven by higher borrowings from our Amended Credit Facility, including the First Incremental Term Loan, to fund the WGNSTAR Acquisition and working capital requirements.”
“The increase was driven by higher borrowings from our Amended Credit Facility, including the First Incremental Term Loan, to fund the WGNSTAR Acquisition and working capital requirements.”
“The decrease in operating profit margin was primarily driven by contract and service mix, partially offset by operational efficiencies achieved through our Restructuring Program.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind ABM
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
CTASCintas CorporationpartnerJul 28, 2025 ▾
“The companies included in the peer group are ABM Industries, Inc., Aramark, Rollins, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ABM is currently a Leader in the organic co-movement group Facility Maintenance Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for ABM; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.