ABM Industries Incorporated (ABM)

Gross profit margin

Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019
Gross profit US$ in thousands 324,400 310,600 172,300 830,700 731,100
Revenue US$ in thousands 8,014,100 7,765,500 6,200,000 5,943,000 6,447,500
Gross profit margin 4.05% 4.00% 2.78% 13.98% 11.34%

October 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $324,400K ÷ $8,014,100K
= 4.05%

The gross profit margin of ABM Industries Inc. has remained consistent at 100.00% for the past five years, indicating that the company has been able to effectively control its production costs and generate a high margin on its sales. This stability in the gross profit margin suggests that ABM Industries Inc. has been able to maintain a consistent level of efficiency in its operations and pricing strategies. However, it is important to note that a gross profit margin of 100.00% may also raise questions about the accuracy of the financial data, as it is quite rare for a company to consistently achieve a gross profit margin of 100.00% over an extended period of time. Further analysis and verification of the financial statements would be necessary to ensure the reliability of this metric.


Peer comparison

Oct 31, 2023

Company name
Symbol
Gross profit margin
ABM Industries Incorporated
ABM
4.05%
Airbnb Inc
ABNB
82.83%
Frontdoor Inc
FTDR
49.72%
Rollins Inc
ROL
15.79%