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ABM Industries ABM Technical Solutions — Travel and entertainment (other than direct)

Other segment segments

B&I
$3.1M+19.2%
Manufacturing And Distribution
$1.1M0.0%
Aviation
$600K+50.0%
Education
$400K0.0%

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TFINBanking — Travel and entertainment
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TFINIntelligence — Travel and entertainment
$115K-11.5%
TFI
TFINPayments — Travel and entertainment
$219K-52.0%
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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 technical solutions — travel and entertainment (other than direct)?
ABM Industries (ABM) reported technical solutions — travel and entertainment (other than direct) of $2M in Q1 2026.
How has ABM Industries's technical solutions — travel and entertainment (other than direct) changed year-over-year?
ABM Industries's technical solutions — travel and entertainment (other than direct) increased by 17.6% year-over-year, from $1.7M to $2M.
What does technical solutions — travel and entertainment (other than direct) mean?
Represents non-direct travel and entertainment expenses incurred by the business segment to support administrative and operational functions. This metric tracks discretionary spending related to business development, staff travel, and client engagement outside of direct project-related costs. Monitoring this helps evaluate the efficiency of overhead spending relative to segment growth.

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