ABM Industries Incorporated (ABM)
Operating profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 212,000 | 409,500 | 348,800 | 206,300 | 95,700 |
| Revenue | US$ in thousands | 8,359,400 | 8,014,100 | 7,765,500 | 6,200,000 | 5,943,000 |
| Operating profit margin | 2.54% | 5.11% | 4.49% | 3.33% | 1.61% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $212,000K ÷ $8,359,400K
= 2.54%
The operating profit margin of ABM Industries Incorporated has demonstrated variability over the past five years. The margin was at its highest in October 2023 at 5.11% and experienced a notable decline in the following year to 4.49%. However, the margin saw a further decrease to 3.33% in October 2021 before rebounding slightly to 2.54% in the most recent year, October 2024. This fluctuation in the operating profit margin indicates potential shifts in the company's operating efficiency and profitability over the period under consideration. Further analysis and examination of the underlying factors driving these changes would be necessary to fully understand the company's performance dynamics.
Peer comparison
Oct 31, 2024