ABM Industries Incorporated (ABM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 332,400 | 331,100 | 307,900 | 266,900 | 262,400 | 310,000 | 296,800 | 203,300 | 178,300 | 179,800 | 192,400 | 287,600 | 118,600 | 53,400 | 45,200 | 10,500 | 179,000 | 160,100 | 119,500 | 110,200 |
| 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 |
| Pretax margin | 4.11% | 4.13% | 3.88% | 3.39% | 3.36% | 3.99% | 3.98% | 2.89% | 2.68% | 2.90% | 3.21% | 4.93% | 2.03% | 0.90% | 0.74% | 0.16% | 2.77% | 2.48% | 1.85% | 1.69% |
January 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $332,400K ÷ $8,090,900K
= 4.11%
The pretax margin of ABM Industries Inc. has shown variations over the past eight quarters. In Q1 2024, the pretax margin stood at 4.07%, slightly lower than the previous quarter's figure of 4.09% in Q4 2023. The highest pretax margin was observed in Q4 2023 and Q3 2022, both at 3.97%.
Overall, the trend indicates relative stability in the pretax margin, with fluctuations within a range of 1.19% over the last eight quarters. This could imply that ABM Industries Inc. has been able to maintain consistent profitability levels before taxes, although slight fluctuations are still present. It is essential for the company to monitor and analyze the factors influencing these fluctuations to ensure sustainable profitability in the long term.
Peer comparison
Jan 31, 2024