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ABM Industries ABM B&I — Travel and entertainment (other than direct)

Other segment segments

Technical Solutions
$2M+17.6%
Manufacturing And Distribution
$1.1M0.0%
Aviation
$600K+50.0%
Education
$400K0.0%

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TFINIntelligence — Travel and entertainment
$115K-11.5%
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TFINPayments — Travel and entertainment
$219K-52.0%
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MVBFTravel And Entertainment Expense
$1.04M-2.1%
UWM Holdings logo
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 B&I — travel and entertainment (other than direct)?
ABM Industries (ABM) reported B&I — travel and entertainment (other than direct) of $3.1M in Q1 2026.
How has ABM Industries's B&I — travel and entertainment (other than direct) changed year-over-year?
ABM Industries's B&I — travel and entertainment (other than direct) increased by 19.2% year-over-year, from $2.6M to $3.1M.
What does B&I — travel and entertainment (other than direct) mean?
This metric represents the indirect travel and entertainment expenses incurred by the Business and Industry segment to support operational activities. It captures discretionary spending related to business development, administrative travel, and client engagement that is not directly billable to specific service contracts. Monitoring this expense helps assess the overhead efficiency and cost management discipline within the segment's service delivery model.

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