ABM Industries Incorporated (ABM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 127,400 | 89,200 | 86,000 |
| 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 |
| Net profit margin | 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% | 1.97% | 1.38% | 1.32% |
January 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $257,500K ÷ $8,090,900K
= 3.18%
The net profit margin of ABM Industries Inc. has exhibited some fluctuations over the past eight quarters. In Q1 2024, the net profit margin stood at 3.15%, showing a slight improvement from the previous quarter. This indicates that the company was able to generate a higher percentage of profit from its total revenue during this period.
Comparing this to the trend in the previous quarters, the net profit margin has generally been stable, with some variations observed. Q3 2023 had the highest net profit margin of 2.96% over this period, while Q2 2022 had the lowest at 2.05%. These fluctuations suggest that the company's profitability levels have not been consistent and have been influenced by various factors such as operational efficiency, cost management, revenue generation, and economic conditions.
Overall, the net profit margin of ABM Industries Inc. has shown resilience, remaining above 2% in all quarters, indicating that the company has been able to sustain a reasonable level of profitability relative to its total revenue. However, management should continue to monitor and optimize operational efficiencies to ensure sustained profitability and long-term success.
Peer comparison
Jan 31, 2024