ABM Industries Incorporated (ABM)
Net profit margin
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 81,500 | 156,000 | 249,400 | 257,500 | 251,300 | 237,300 | 196,000 | 192,900 | 230,400 | 215,900 | 145,400 | 127,700 | 126,300 | 145,100 | 214,800 | 46,900 | 300 | -4,900 | -24,100 | 142,400 |
| Revenue (ttm) | US$ in thousands | 8,317,500 | 8,212,500 | 8,125,600 | 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 |
| Net profit margin | 0.98% | 1.90% | 3.07% | 3.18% | 3.14% | 2.99% | 2.49% | 2.47% | 2.97% | 2.89% | 2.06% | 1.92% | 2.04% | 2.42% | 3.68% | 0.80% | 0.01% | -0.08% | -0.38% | 2.20% |
October 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $81,500K ÷ $8,317,500K
= 0.98%
The net profit margin of ABM Industries Incorporated has shown some variability over the past few years. The net profit margin is a measure of the company's profitability, indicating the percentage of revenue that translates into profit after accounting for all expenses.
From January 2020 to October 2024, ABM Industries' net profit margin has fluctuated between -0.38% and 3.18%. The company experienced a significant improvement in its profitability from the end of 2020 to the first quarter of 2021, with the net profit margin increasing from -0.38% to 3.68%. However, there have been fluctuations thereafter, with the net profit margin generally ranging between 1.90% and 3.18% in recent quarters.
Overall, ABM Industries' net profit margin has shown some resilience, remaining positive in most periods and exhibiting a general upward trend since early 2021. It is important for the company to continue monitoring its expenses and revenue generation to maintain and potentially further improve its profitability in the future.
Peer comparison
Oct 31, 2024