Abm Industries Incorporated · NYSE:ABM
Abm Industries — Q4 2025 Earnings Presentation
19 slides from Abm Industries's earnings presentation, Dec 17, 2025
Slide 1: Fourth Quarter 2025 Earnings Presentation
Fourth Quarter 2025 Earnings Presentation December 17, 2025
Slide 2: Forward Looking Statements
Forward Looking Statements This press release contains both historical and forward-looking statements about ABM Industries Incorporated (“ABM”) and its subsidiaries (collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”). We make forward-looking statements related to future expectat
Slide 3: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information To supplement ABM’s consolidated financial information, the Company has presented net income and net income per diluted share as adjusted for items impacting comparability for the fourth quarter and full fiscal years 2025 and 2024. These adjustments have been ma
Slide 4: Q4 2025 Prior Year Self-insurance Adjustments
Q4 2025 – Prior Year Self-insurance Adjustments • As previously communicated with our Disclosure Update included in our Q2 2025 earnings release, we revised the definition of our non-GAAP financial measures — including adjusted net income, adjusted earnings per share, adjusted EBITDA, and adjusted E
Slide 5: Q4 2025 Review – Strong Operating Results
Q4 2025 Review – Strong Operating Results Financial Results Demand Environment Highlights • Record Revenue of $2.3B • B & I’s Prime office space • Broad-based organic markets largely unchanged revenue growth • 5% organic growth from Q3 • Cash flow from operations • Net income of $34.8M of $133.4 mil
Slide 6: End-to-End Facility Solutions Across Diverse Markets
End-to-End Facility Solutions Across Diverse Markets Business & Industry Aviation Manufacturing & Education Technical Solutions Distribution • Facility cleaning • Facility cleaning • Facility cleaning • Facility cleaning • Cleanroom services • Building engineering & • Building engineering • Building
Slide 7: Revenue
Q4 2025 Revenue Segment Growth Rates • Record quarterly 16.0% (1) revenue of $2.3B, up $2,295 5.4% 7.7% 1.6% • 4.8% organic 7.3% growth 2.3% • Organic growth across all $2,177 segments • Robust microgrid and datacenter activity in Technical Solutions • Aviation remains strong • M&D growth driven by
Slide 8: Profitability
Q4 2025 Profitability $ in millions NET INCOME/(LOSS) (1) EARNINGS PER SHARE (1) • Increases in GAAP net income and GAAP EPS largely reflect a $61.3M $55.8 $54.7 $0.88 $0.88 benefit from the absence of the $34.8 large contingent consideration $0.56 recorded in the prior year and higher segment earni
Slide 9: Segment Performance
Q4 2025 Segment Performance Business & Industry Aviation Revenue Operating Profit & Margin Revenue Operating Profit & Margin $ in millions $ in millions $1,025.7 $1,048.8 $296.7 $80.6 $276.5 $18.6 $16.8 7.7% $72.0 +2.3% +7.3% 6.7% 7.7% 5.7% 7.0% Q4 2024 Q4 2025 Q4 2024 Q4 2025 Q4 2024 Q4 2025 Q4 202
Slide 10: Segment Performance
Q4 2025 Segment Performance Manufacturing & Distribution Education Technical Solutions Revenue Operating Profit & Revenue Operating Profit & Revenue Operating Profit & Margin Margin Margin $ in millions $ in millions $298.7 $ in millions $417.4 $40.4 $387.7 $230.0 $233.7 +5.3% 7.7% $18.8 7.7% $37.1
Slide 11: Leverage & Shareholder Returns
Q4 2025 Leverage & Shareholder Returns Leverage Shareholder Returns 4.0x $ in millions $ in millions $1,600 $90 3.0x $1,200 $60 2.0x $73.0 $800 1.0x $30 $32.0 $27.1 $400 $23.8 $21.3 $14.1 $14.1 $14.1 $14.1 $16.4 $16.5 $16.5 $16.2 $0 0.0x $0 Total Indebtedness (Incl. LCs) Leverage Ratio Shares Repurc
Slide 12: Fiscal 2026 – Initial Outlook
Fiscal 2026 – Initial Outlook Metric Outlook Organic revenue growth 3% - 4% Total revenue growth 4% - 5% Segment operating profit (1) 7.8% - 8.0% Tax rate - excluding discrete tax items and impact of non-taxable items 29% - 30% Interest expense $95M - $105M Adjusted EPS (2) (3) $3.85 - $4.15 2026 Wo
Slide 13: FY 2026 Adjusted EPS Bridge
FY 2026 Adjusted EPS Bridge(1) Adjusted EPS of base business up over 10% at the mid-point • Revenue up 4% to 5% • Organic growth 3% (1) $3.85 - - 4% $4.15 • Organic growth across all segments • Investing in sales and technical talent, AI, $3.44 cybersecurity and technology • WGNSTAR expected to clos
Slide 14: Appendix
@ ABM Appendix _ ji
Slide 15: Unaudited Reconciliation of Non-GAAP Financial Measures
Unaudited Reconciliation of Non-GAAP Financial Measures $ in millions Three Months Ended October 31, Years Ended October 31, 2025 2024 2025 2024 Reconciliation of Net Income (loss) to Adjusted Net Income Net income (loss) $ 34.8 $ (11.7) $ 162.4 $ 81.4 (a)(b) Items impacting comparability Restructur
Slide 16: Unaudited Reconciliation of Non-GAAP Financial Measures - Footnotes
Unaudited Reconciliation of Non-GAAP Financial Measures - Footnotes (a) The Company adjusts net income to exclude the impact of certain items that are unusual, non-recurring, or otherwise do not reflect management's views of the underlying operational results and trends of the Company. (b) After com
Slide 17: Unaudited Reconciliation of Non-GAAP Financial Measures
Unaudited Reconciliation of Non-GAAP Financial Measures $ in millions. except per share amounts Three Months Ended October 31, Years Ended October 31, 2025 2024 2025 2024 Reconciliation of Net Income (loss) to Adjusted EBITDA Net income (loss) $ 34.8 $ (11.7) $ 162.4 $ 81.4 Items impacting comparabi
Slide 18: Unaudited Reconciliation of Non-GAAP Financial Measures
Unaudited Reconciliation of Non-GAAP Financial Measures $ in millions Three Months Ended October 31, Years Ended October 31, 2025 2024 2025 2024 Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow Net cash provided by operating activities $ 133.4 $ 30.3 $ 234.4 $ 226.7 Addi
Slide 19: Thank You
Thank You Get in touch with us Paul Goldberg Senior Vice President – Investor Relations Paul.Goldberg@ABM.com ABM.com A white letter on a black background Description automatically generated ABM drives possibility through facility, engineering, and infrastructure solutions across a wide range of ind