ABM Industries Incorporated (ABM)
Gross profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 325,700 | 324,500 | 302,900 | 262,500 | 258,200 | 307,900 | 294,700 | 201,400 | 176,600 | 178,100 | 371,900 | 606,800 | 754,200 | 830,700 | 783,000 | 757,700 | 748,300 | 731,100 | 719,500 | 703,200 |
| Revenue (ttm) | US$ in thousands | 8,090,900 | 8,014,100 | 7,936,900 | 7,879,900 | 7,807,000 | 7,765,500 | 7,459,900 | 7,046,400 | 6,646,000 | 6,199,900 | 5,994,900 | 5,838,400 | 5,834,300 | 5,953,100 | 6,116,500 | 6,371,200 | 6,467,600 | 6,459,300 | 6,460,100 | 6,530,000 |
| Gross profit margin | 4.03% | 4.05% | 3.82% | 3.33% | 3.31% | 3.96% | 3.95% | 2.86% | 2.66% | 2.87% | 6.20% | 10.39% | 12.93% | 13.95% | 12.80% | 11.89% | 11.57% | 11.32% | 11.14% | 10.77% |
January 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $325,700K ÷ $8,090,900K
= 4.03%
Based on the data provided, ABM Industries Inc. has consistently maintained a gross profit margin of 100% across all quarters from Q2 2022 to Q1 2024. A gross profit margin of 100% indicates that the company is able to generate revenue sufficient to cover the cost of goods sold without incurring any additional expenses. This could be a positive indicator of the company's efficiency in managing production costs and pricing strategies. However, further analysis of other financial ratios and factors would be necessary to get a complete picture of the company's overall financial performance and health.
Peer comparison
Jan 31, 2024