What is ABM Industries's provision for credit losses?

ABM Industries (ABM) reported provision for credit losses of -$600K in Q1 2026.

How has ABM Industries's provision for credit losses changed year-over-year?

ABM Industries's provision for credit losses decreased by 142.9% year-over-year, from $1.4M to -$600K.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

ABM Industries ABM Provision for Credit Losses

Provision for Credit Losses at other companies

Jones Lang LaSalleJLL

$3.8M-59.6%

Alamo GroupALG

-$376K-1,174%

IES

IES Holdings, Inc.IESC

-$260K-750%

City Holding CompanyCHCO

$0—

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$2.57B-20.6%

Enterprise value$4.45B-7.6%

P/E16.2×—

P/S0.3×-0.1×

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:ProvisionForDoubtfulAccounts.

The official record: ABM Industries’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ABM Industries's provision for credit losses?: ABM Industries (ABM) reported provision for credit losses of -$600K in Q1 2026.
How has ABM Industries's provision for credit losses changed year-over-year?: ABM Industries's provision for credit losses decreased by 142.9% year-over-year, from $1.4M to -$600K.
What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.