ABM Industries Posts $2.32 Billion Quarterly Revenue, Raises 2026 Earnings Forecast

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ABM Industries reported third-quarter revenue of $2.32 billion, up about 4% from a year earlier, with half the growth from its core business and the rest from acquisitions, while adjusted earnings per share jumped to $1.04 from $0.82. Management raised its earnings forecast for the rest of 2026 and expects revenue growth near the top of its guidance range, with full-year guidance calling for $3.95 to $4.10 in earnings per share. The facility services company pays $1.16 a year in dividends, a yield of roughly 2.3% based on a recent $50 share price, and has raised its dividend for 58 years in a row. In the first nine months of 2026, ABM generated $275 million in operating cash flow and nearly $200 million in free cash flow, well ahead of last year, with about 59 million shares outstanding requiring only $68 million a year to cover the dividend. The stock trades at about 11 to 12 times expected earnings, and ABM carries $1.8 billion in debt.

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ABM Industries Incorporated
ABM
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ABM posted Q3 revenue of $2.32B and raised its 2026 earnings forecast, with adjusted EPS jumping to $1.04 from $0.82.