ABM Industries Incorporated (ABM)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 412,100 | 409,400 | 382,100 | 331,900 | 314,200 | 348,800 | 325,400 | 227,300 | 202,600 | 206,300 | 223,500 | 326,500 | 159,500 | 95,600 | 88,900 | 52,600 | 223,800 | 208,300 | 167,800 | 158,600 |
| 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 |
| Operating profit margin | 5.09% | 5.11% | 4.81% | 4.21% | 4.02% | 4.49% | 4.36% | 3.23% | 3.05% | 3.33% | 3.73% | 5.59% | 2.73% | 1.61% | 1.45% | 0.83% | 3.46% | 3.22% | 2.60% | 2.43% |
January 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $412,100K ÷ $8,090,900K
= 5.09%
The operating profit margin of ABM Industries Inc. has shown some fluctuations over the past several quarters. In Q1 2024, the operating profit margin was 5.04%, which was relatively stable compared to Q4 2023, where it was 5.06%. However, there was a slight decline in Q3 2023 to 4.76% from the previous quarter. The operating profit margin reached its lowest point in Q2 2023 at 4.17% before showing improvement in the subsequent quarters.
Comparing the latest data to the same period a year ago, there has been an overall increase as in Q1 2023, the operating profit margin was at 4.00%. The performance has generally been on an upward trend since then, with minor fluctuations quarter over quarter.
It is essential for ABM Industries Inc. to continue monitoring and analyzing the factors contributing to these fluctuations in the operating profit margin to ensure sustainable profitability in the future.
Peer comparison
Jan 31, 2024