ABM Industries stock reports record quarterly revenue
Published on 09/24/2026 at 03:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ABM Industries stock stood at USD 49.69 on the NYSE on September 23, 2026, 3.12 percent below its 52-week high of USD 51.29. The facility services provider delivered record fiscal third-quarter revenue and raised the midpoint of its adjusted earnings outlook, according to GlobeNewswire on September 8, 2026.
Revenue reaches a quarterly record
For the fiscal quarter ended July 31, 2026, revenue increased 4.2 percent year over year to USD 2.3171 billion. Organic growth contributed 2.1 percent, while acquisitions supplied another 2.1 percent.
The expansion was uneven across the portfolio. Manufacturing and Distribution revenue rose 17.6 percent to USD 481.0 million, and Aviation revenue climbed 12.5 percent to USD 328.1 million, while Business and Industry revenue declined 2.6 percent to USD 1.0122 billion.
Earnings guidance moves higher
Net income increased 18.9 percent to USD 49.7 million, and diluted GAAP EPS rose 25.4 percent from USD 0.67 to USD 0.84 in Q3 fiscal 2026. Adjusted EPS reached USD 1.04, up 27 percent from USD 0.82 a year earlier.
ABM set fiscal 2026 adjusted EPS guidance at USD 3.95 to USD 4.10, compared with the previous USD 3.85 to USD 4.15 range. The midpoint therefore moved from USD 4.00 to USD 4.025, while free cash flow guidance increased to USD 210 million.
According to MarketScreener on September 9, 2026, UBS lifted its ABM price target from USD 45 to USD 51.50 while maintaining a Neutral rating. The new target sits 3.64 percent above the September 23 stock price.
Stock stays below its yearly high
ABM carried a market capitalization of USD 2.91 billion on September 23, 2026, with a 52-week range of USD 36.96 to USD 51.29. The valuation context is therefore defined by a stock price near the upper end of its annual range and an earnings outlook centered at USD 4.025.
The key investor question is whether faster growth in Manufacturing and Distribution and Aviation can offset pressure in Business and Industry. The Q3 figures show that segment mix, rather than group revenue alone, is the clearest measure of operating progress.
ABM Industries stock snapshot
- Company: ABM Industries Incorporated
- Ticker: ABM
- Trading venue: NYSE
- Price as of September 23, 2026: USD 49.69
- Market capitalization: USD 2.91 billion as of September 23, 2026
- 52-week range: USD 36.96-USD 51.29
- Sector / Industry: Industrials / Specialty Business Services
