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ABM Industries (ABM Industries) Pretax Margin % : 2.61% (As of Jan. 2024)


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What is ABM Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ABM Industries's Pre-Tax Income for the three months ended in Jan. 2024 was $54 Mil. ABM Industries's Revenue for the three months ended in Jan. 2024 was $2,070 Mil. Therefore, ABM Industries's pretax margin for the quarter that ended in Jan. 2024 was 2.61%.

The historical rank and industry rank for ABM Industries's Pretax Margin % or its related term are showing as below:

ABM' s Pretax Margin % Range Over the Past 10 Years
Min: 0.89   Med: 1.99   Max: 4.09
Current: 4.07


ABM's Pretax Margin % is ranked worse than
57.89% of 1064 companies
in the Business Services industry
Industry Median: 5.75 vs ABM: 4.07

ABM Industries Pretax Margin % Historical Data

The historical data trend for ABM Industries's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ABM Industries Pretax Margin % Chart

ABM Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 0.89 2.89 3.97 4.09

ABM Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 3.64 5.88 4.15 2.61

Competitive Comparison of ABM Industries's Pretax Margin %

For the Specialty Business Services subindustry, ABM Industries's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ABM Industries's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ABM Industries's Pretax Margin % falls into.



ABM Industries Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ABM Industries's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=331.1/8096.4
=4.09 %

ABM Industries's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=54/2069.6
=2.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ABM Industries  (NYSE:ABM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


ABM Industries Pretax Margin % Related Terms

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ABM Industries (ABM Industries) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
Executives
Rene Jacobsen officer: Pres - Business & Industry 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea R Newborn officer: EVP/GEN. COUNSEL/CORP. SECTY. ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott B Salmirs officer: Executive Vice President 551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Dean A Chin officer: SVP - Chief Accounting Officer 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
James David Devries director ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Joshua H Feinberg officer: Executive Vice President ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Raul Javier Valentin officer: EVP and CHRO ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Linda Chavez director
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Earl Ray Ellis officer: EVP & Chief Financial Officer ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Sean Michael Mahoney officer: EVP, President-Sales & Mktng ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott J Giacobbe officer: Pres - Building & Energy 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Diego Anthony Scaglione officer: SVP/Treasurer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087