ABM Industries Incorporated (ABM)

Net profit margin

Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020
Net income US$ in thousands 81,400 251,300 230,400 126,300 300
Revenue US$ in thousands 8,359,400 8,014,100 7,765,500 6,200,000 5,943,000
Net profit margin 0.97% 3.14% 2.97% 2.04% 0.01%

October 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $81,400K ÷ $8,359,400K
= 0.97%

The net profit margin of ABM Industries Incorporated has fluctuated over the past five years. In the most recent fiscal year ending on October 31, 2024, the net profit margin was 0.97%, marking a decrease from the previous year's margin of 3.14% in October 2023. Despite this decline, it is important to note that the net profit margin remained positive, indicating that the company generated profit relative to its revenue.

Looking further back, the net profit margin in October 2022 and 2021 stood at 2.97% and 2.04%, respectively, showing a relatively stable performance during those periods. Notably, there was a significant improvement in profitability from October 2020 when the net profit margin was a minimal 0.01%.

The fluctuations in ABM Industries' net profit margin suggest varying levels of efficiency in cost management and revenue generation over the years. It would be essential for stakeholders to analyze the underlying factors driving these changes to assess the company's financial health and sustainability.


Peer comparison

Oct 31, 2024

Company name
Symbol
Net profit margin
ABM Industries Incorporated
ABM
0.97%
Airbnb Inc
ABNB
23.85%
Frontdoor Inc
FTDR
9.61%
Rollins Inc
ROL
13.76%