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ABM Industries ABM Aviation — Travel and entertainment (other than direct)

Other segment segments

B&I
$3.1M+19.2%
Technical Solutions
$2M+17.6%
Manufacturing And Distribution
$1.1M0.0%
Education
$400K0.0%

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TFINPayments — Travel and entertainment
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MVBFTravel And Entertainment Expense
$1.04M-2.1%
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UWMCTravel And Entertainment Expense
$35.59M+34.9%

Other financials

Income statement

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Revenue$2.3B+8.4%
Gross profit$277.0M+2.3%
Operating income$86.9M+5.6%
Net income$43.1M+2.1%
EPS (diluted)$0.73+9.0%

Balance sheet

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Cash & equivalents$94.9M+61.7%
Total debt$2.0B+18.1%
Total equity$1.7B-4.2%
Total assets$5.6B+6.3%

Cash flow

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Operating cash flow$66.2M+105%
CapEx$43.8M+156%
Free cash flow$22.4M+47.4%

Valuation

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Market cap$2.84B-3.6%
Enterprise value$4.72B+4.3%
P/E17.9×
P/S0.3×0.0×

Profitability

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Gross margin11.9%-0.6pp
Operating margin3.5%+0.9pp
Net margin1.8%
FCF margin3.7%+3.4pp

Returns & leverage

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Return on equity8.9%
Debt / equity1.1×+0.2×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by ABM Industries in its filing.

Tagged under the XBRL concept us-gaap:TravelAndEntertainmentExpense.

The source filing: ABM Industries’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 11:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000771497-26-000007
(in millions)B&IM&DAviationEducationTechnical SolutionsTotal
Interest expense(28.1)
Income before income taxes$59.7
Other significant segment items(2)
Materials and supplies$27.4$17.4$7.0$12.0$79.2
Salaries and wages (other than direct)31.110.93.84.733.4
Consulting and professional services3.22.77.30.82.3
Travel and entertainment (other than direct)3.11.10.60.42.0
Legal1.90.50.80.20.2

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is ABM Industries's aviation — travel and entertainment (other than direct)?
ABM Industries (ABM) reported aviation — travel and entertainment (other than direct) of $600K in Q1 2026.
How has ABM Industries's aviation — travel and entertainment (other than direct) changed year-over-year?
ABM Industries's aviation — travel and entertainment (other than direct) increased by 50.0% year-over-year, from $400K to $600K.
What does aviation — travel and entertainment (other than direct) mean?
Represents non-direct travel and entertainment expenses incurred by the aviation business segment. These costs typically cover administrative or management-related travel rather than expenses directly tied to service delivery for clients.

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