What is ABM Industries's B&I — direct labor costs?

ABM Industries (ABM) reported B&I — direct labor costs of $559.5M in Q1 2026.

How has ABM Industries's B&I — direct labor costs changed year-over-year?

ABM Industries's B&I — direct labor costs increased by 1.0% year-over-year, from $553.8M to $559.5M.

What does B&I — direct labor costs mean?

This represents the total compensation and benefits paid to frontline personnel directly involved in delivering facility services for the Business and Industry segment. Monitoring this cost is essential for assessing labor efficiency and the impact of wage inflation on service delivery margins.

ABM Industries (ABM) B&I — Direct labor costs

Screener

Other segment segments

Manufacturing And Distribution

$290.8M+11.8%

Aviation

$190.9M+27.9%

Education

$152.9M+1.4%

Technical Solutions

$100.4M+39.3%

Similar metrics at other companies

YOUCost Direct Labor

$48M+0.6%

PTLOCost Direct Labor

$51.09M+5.7%

NMRKCost Direct Labor

$539.7M+18.6%

RIOTEngineering — Cost Direct Labor

$2.77M+138%

CWCOBulk — Cost Direct Labor

$463.91K-14.6%

CWCOServices — Cost Direct Labor

$4.25M-0.5%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

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:CostDirectLabor.

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&I	M&D	Aviation	Education	Technical Solutions	Total
Revenues	$1,015.8	$463.8	$310.8	$232.2	$267.3	$2,290.0
Significant Segment Expenses
Direct labor costs	559.5	290.8	190.9	152.9	100.4	1,294.5
Indirect costs	31.0	10.0	3.2	6.3	25.4	75.9
General and administrative	19.1	14.3	11.3	2.2	20.8	67.6
Selling	9.1	5.2	0.4	0.4	12.3	27.4
Other segment items(1)	320.5	102.9	88.6	54.1	91.7	657.8
Segment operating profit	$76.7	$40.6	$16.3	$16.4	$16.8	$166.9

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is ABM Industries's B&I — direct labor costs?: ABM Industries (ABM) reported B&I — direct labor costs of $559.5M in Q1 2026.
How has ABM Industries's B&I — direct labor costs changed year-over-year?: ABM Industries's B&I — direct labor costs increased by 1.0% year-over-year, from $553.8M to $559.5M.
What does B&I — direct labor costs mean?: This represents the total compensation and benefits paid to frontline personnel directly involved in delivering facility services for the Business and Industry segment. Monitoring this cost is essential for assessing labor efficiency and the impact of wage inflation on service delivery margins.