ABM Industries Stock Price, News & Analysis

ABM (NYSE: ABM) announced on October 30, 2025 that Barry Hytinen has been appointed to its Board of Directors.

Mr. Hytinen currently serves as Executive Vice President and Chief Financial Officer of Iron Mountain and has held senior finance roles at Hanesbrands and Tempur Sealy, plus early-career experience at General Electric. Since joining Iron Mountain in 2020, he has supported the company’s expansion into data centers, digital services, and asset lifecycle management. ABM’s chairman highlighted Hytinen’s financial and strategic expertise as valuable for executing ABM’s long-term strategy.

Panera Bread named Earl Ellis as Chief Financial Officer, effective October 20, 2025. Ellis will report to CEO Paul Carbone and join the executive leadership team.

Ellis most recently served as Executive Vice President and CFO at ABM (NYSE: ABM), a Fortune 500 facility services company with more than $8 billion in revenue and over 100,000 employees. His background includes finance leadership roles at Best Buy, Canadian Tire, Campbell Soup, Kraft Foods, and Coca-Cola, board service at Xylem, and CPA credentials. He succeeds Megan Mikolaichik, who served as interim CFO since January 2025.

ABM (NYSE:ABM) reported strong fiscal Q3 2025 results with revenue growing 6.2% to $2.2 billion, including 5.0% organic growth. Net income increased significantly to $41.8 million ($0.67 per share) from $4.7 million in the prior year.

The company achieved notable operational milestones, including operating cash flow up 120.1% to $175.0 million and free cash flow up 134.3% to $150.2 million. ABM announced a restructuring program expected to deliver $35 million in annual cost savings by early fiscal 2026.

The Board approved a $150 million increase in share repurchase authorization and declared a quarterly dividend of $0.265 per share. ABM expects fiscal 2025 adjusted EPS to be toward the lower end of $3.65-$3.80 range, with adjusted EBITDA margin between 6.3-6.5%.

ABM (NYSE: ABM), a leading facility solutions provider, has scheduled its fiscal third quarter 2025 financial results announcement for September 5, 2025, before market open.

The company will host a conference call at 8:30 AM ET on the same day. Investors can access the call via webcast through ABM's website or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international). A supplemental presentation will be available on the company's website, and a replay will be accessible until September 19, 2025.

ABM (NYSE:ABM), a leading facility, engineering, and infrastructure solutions provider, has been named to Selling Power Magazine's 60 Best Companies to Sell For 2025 list for the fourth consecutive year. The recognition follows an evaluation of over 200 companies across multiple categories including company overview, compensation, hiring practices, and AI incorporation in sales processes.

The company reported record-breaking bookings of $1.1 billion in the first half of their fiscal year, demonstrating strong sales performance and effective team support.

ABM has secured a multi-year partnership with Nashville Yards, becoming an Official Partner of the 19-acre downtown development. The company will provide comprehensive janitorial services across the campus, including Amazon Towers, CAA Creative Office Building, Pinnacle Tower, residential towers, and common areas. ABM will support multiple events monthly and gain marketing visibility through LED signage and digital platforms. The partnership represents ABM's strategic expansion in the Southeast region, complementing its existing presence in Atlanta, New York, and San Diego. The agreement was brokered by AEG Global Partnerships and Southwest Value Partners, positioning ABM to service diverse industries and showcase its operational expertise in this high-profile urban environment.

ABM has secured a significant five-year, $125 million partnership with Miami-Dade County to provide comprehensive facility solutions at Miami International Airport (MIA). The contract includes deploying ABM Connect for Aviation, featuring advanced IoT technology and the company's most extensive Smart Restroom monitoring implementation to date. The partnership will create over 250 new jobs, adding to ABM's existing 1,300+ workforce in the Greater Miami region. The agreement supports MIA's Modernization in Action Plan, focusing on enhancing passenger experience and operational efficiency at one of the nation's busiest airports. MIA ranks as the busiest U.S. airport for Latin American and Caribbean flights, the second busiest international airport in the U.S., and the tenth busiest overall. The partnership emphasizes local economic growth through collaboration with Disadvantaged Business Enterprise partners.

ABM (NYSE: ABM), a facility, engineering, and infrastructure solutions provider, has appointed Carol Clements to its Board of Directors. Clements, currently serving as Chief Digital and Technology Officer at JetBlue Airways, brings over 25 years of technology and digital transformation expertise across aviation, hospitality, and consulting sectors. In her current role at JetBlue, she leads technology innovation strategy and digital solutions implementation. Her prior experience includes leadership positions at Yum! Brands, where she served as Chief Technology Officer and General Manager of Pizza Hut Connect and CIO for Pizza Hut U.S. She also held senior technology roles at Southwest Airlines and started her career at PricewaterhouseCoopers LLP. Clements holds BS degrees in Management Science Engineering and Mathematics from Southern Methodist University.

ABM has secured a significant 10-year, $300 million contract with the Greater Orlando Aviation Authority to provide parking and employee shuttle services at Orlando International Airport (MCO). The company will manage a new fleet of 61 transit buses and implement ABM Vantage, their advanced mobility intelligence platform, to enhance operational efficiency through real-time data analytics. This marks the first time MCO has delegated complete responsibility for capital investment and fleet maintenance to a contractor, showcasing GOAA's trust in ABM's capabilities. The partnership positions ABM as a key player in managing large-scale transportation programs at major U.S. airports while supporting MCO's innovation-focused vision.