ABM Industries Incorporated (ABM)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 133,600 | 331,000 | 310,000 | 179,800 | 53,400 |
| Revenue | US$ in thousands | 8,359,400 | 8,014,100 | 7,765,500 | 6,200,000 | 5,943,000 |
| Pretax margin | 1.60% | 4.13% | 3.99% | 2.90% | 0.90% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $133,600K ÷ $8,359,400K
= 1.60%
The pretax margin of ABM Industries Incorporated has exhibited fluctuations over the past five years. In the most recent fiscal year ending on October 31, 2024, the pretax margin stood at 1.60%, showing a decrease compared to the prior two years.
The pretax margin was at its highest in October 2023 at 4.13%, indicating robust profitability before declining slightly to 3.99% in October 2022. In the fiscal year ending in October 2021 and 2020, the pretax margins were 2.90% and 0.90%, respectively, showing an increasing trend over this period.
Overall, the varying pretax margins imply fluctuations in profitability before arriving at the recent figure. Further analysis of the company's financial performance and its operational efficiency may provide additional insights into these fluctuations.
Peer comparison
Oct 31, 2024