2022 Q1 Form 10-Q Financial Statement

#000077149722000004 Filed on March 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $1.936B $1.696B $1.492B
YoY Change 29.74% 14.21% -7.47%
Cost Of Revenue $1.660B $1.446B $1.249B
YoY Change 32.83% 17.86% -12.85%
Gross Profit $276.6M $249.4M $243.0M
YoY Change 13.83% 2.89% 35.6%
Gross Profit Margin 14.29% 14.71% 16.28%
Selling, General & Admin $153.1M $180.9M $122.6M
YoY Change 24.88% 6.22% 4.25%
% of Gross Profit 55.35% 72.53% 50.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.70M $23.70M $22.30M
YoY Change 24.22% 2.16% -8.61%
% of Gross Profit 10.01% 9.5% 9.18%
Operating Expenses $153.1M $193.7M $122.6M
YoY Change 24.88% 6.37% 4.25%
Operating Profit $106.0M $55.70M $109.7M
YoY Change -3.37% -7.63% 139.52%
Interest Expense $6.200M -$5.300M $8.500M
YoY Change -27.06% -46.46% -16.67%
% of Operating Profit 5.85% -9.52% 7.75%
Other Income/Expense, Net $100.0K
YoY Change
Pretax Income $100.3M $50.40M $101.9M
YoY Change -1.57% -20.0% 179.18%
Income Tax $24.30M $16.10M $27.20M
% Of Pretax Income 24.23% 31.94% 26.69%
Net Earnings $76.00M $34.30M $74.60M
YoY Change 1.88% -35.4% 166.43%
Net Earnings / Revenue 3.93% 2.02% 5.0%
Basic Earnings Per Share $1.12 $1.11
Diluted Earnings Per Share $1.11 $500.0K $1.10
COMMON SHARES
Basic Shares Outstanding 67.90M shares 67.32M shares 67.20M shares
Diluted Shares Outstanding 68.30M shares 67.60M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.60M $62.80M $378.3M
YoY Change -87.68% -84.07% 441.98%
Cash & Equivalents $46.60M $62.80M $378.3M
Short-Term Investments
Other Short-Term Assets $63.80M $60.00M $55.50M
YoY Change 14.95% 7.33% -6.72%
Inventory
Prepaid Expenses $88.00M $88.70M $85.10M
Receivables $1.279B $1.190B $955.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.478B $1.401B $1.475B
YoY Change 0.2% -2.82% 14.76%
LONG-TERM ASSETS
Property, Plant & Equipment $110.9M $111.9M $127.3M
YoY Change -12.88% -16.31% -13.22%
Goodwill $2.237B $2.229B $1.675B
YoY Change 33.59% 33.36% -8.8%
Intangibles
YoY Change
Long-Term Investments $15.30M $11.70M $11.80M
YoY Change 29.66% 6.36% 19.19%
Other Assets $132.7M $131.2M $128.7M
YoY Change 3.11% -3.6% 6.01%
Total Long-Term Assets $3.027B $3.035B $2.308B
YoY Change 31.19% 29.98% -9.94%
TOTAL ASSETS
Total Short-Term Assets $1.478B $1.401B $1.475B
Total Long-Term Assets $3.027B $3.035B $2.308B
Total Assets $4.505B $4.436B $3.782B
YoY Change 19.11% 17.46% -1.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $261.5M $289.4M $217.5M
YoY Change 20.23% 5.89% -10.35%
Accrued Expenses $716.1M $723.2M $456.5M
YoY Change 56.87% 82.3% 27.51%
Deferred Revenue $68.00M $58.50M $53.10M
YoY Change 28.06% 60.71% 43.9%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $31.40M $31.40M $116.9M
YoY Change -73.14% -73.09% 61.69%
Total Short-Term Liabilities $1.268B $1.286B $1.018B
YoY Change 24.56% 30.29% 16.84%
LONG-TERM LIABILITIES
Long-Term Debt $971.9M $852.8M $573.8M
YoY Change 69.38% 41.43% -27.03%
Other Long-Term Liabilities $56.60M $123.5M $122.2M
YoY Change -53.68% -26.53% 110.33%
Total Long-Term Liabilities $1.029B $976.3M $696.0M
YoY Change 47.77% 26.61% -17.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.268B $1.286B $1.018B
Total Long-Term Liabilities $1.029B $976.3M $696.0M
Total Liabilities $2.850B $2.827B $2.213B
YoY Change 28.77% 24.18% -3.25%
SHAREHOLDERS EQUITY
Retained Earnings $942.1M $880.2M $867.5M
YoY Change 8.6% 9.15% -0.47%
Common Stock $737.7M $751.6M $727.6M
YoY Change 1.39% 3.7% 2.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.655B $1.609B $1.569B
YoY Change
Total Liabilities & Shareholders Equity $4.505B $4.436B $3.782B
YoY Change 19.11% 17.46% -1.69%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $76.00M $34.30M $74.60M
YoY Change 1.88% -35.4% 166.43%
Depreciation, Depletion And Amortization $27.70M $23.70M $22.30M
YoY Change 24.22% 2.16% -8.61%
Cash From Operating Activities -$93.60M $55.50M $45.30M
YoY Change -306.62% -72.07% -232.07%
INVESTING ACTIVITIES
Capital Expenditures $9.600M -$11.00M $6.600M
YoY Change 45.45% 20.88% -42.61%
Acquisitions
YoY Change
Other Investing Activities $200.0K -$707.8M $1.400M
YoY Change -85.71% 235833.33% -84.78%
Cash From Investing Activities -$12.40M -$718.8M -$5.200M
YoY Change 138.46% 7546.81% 126.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.30M $0.00
YoY Change
Debt Paid & Issued, Net $356.6M $32.60M
YoY Change 993.87% -91.16%
Cash From Financing Activities $90.30M 221.1M -$57.80M
YoY Change -256.23% -950.38% -219.42%
NET CHANGE
Cash From Operating Activities -$93.60M 55.50M $45.30M
Cash From Investing Activities -$12.40M -718.8M -$5.200M
Cash From Financing Activities $90.30M 221.1M -$57.80M
Net Change In Cash -$16.20M -442.2M -$15.90M
YoY Change 1.89% -370.79% -239.47%
FREE CASH FLOW
Cash From Operating Activities -$93.60M $55.50M $45.30M
Capital Expenditures $9.600M -$11.00M $6.600M
Free Cash Flow -$103.2M $66.50M $38.70M
YoY Change -366.67% -68.0% -184.5%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10006
CY2022Q1 dei City Area Code
CityAreaCode
212
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000771497
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-01-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
1-8929
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
ABM INDUSTRIES INC
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
94-1369354
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
One Liberty Plaza
CY2022Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
7th Floor
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
New York
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
297-0200
CY2022Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
CY2022Q1 dei Trading Symbol
TradingSymbol
ABM
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
66869057 shares
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46600000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62800000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
34000000.0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
32700000 USD
CY2022Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1210000000 USD
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1137100000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
69100000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
52500000 USD
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
88000000.0 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
88700000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
63800000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
60000000.0 USD
CY2022Q1 us-gaap Assets Current
AssetsCurrent
1477500000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1401200000 USD
CY2022Q1 us-gaap Other Investments
OtherInvestments
15300000 USD
CY2021Q4 us-gaap Other Investments
OtherInvestments
11800000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
283600000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
274700000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
110900000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
111900000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
124200000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
126500000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
406500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
389300000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
407300000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
424800000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
2237100000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
2228900000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
132700000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
131200000 USD
CY2022Q1 us-gaap Assets
Assets
4504900000 USD
CY2021Q4 us-gaap Assets
Assets
4436200000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
31400000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
31400000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
261500000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
289400000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
196600000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
238000000.0 USD
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
129100000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
124900000 USD
CY2022Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
169100000 USD
CY2021Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
171400000 USD
CY2022Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
21800000 USD
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
11400000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
31100000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
31800000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
427300000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
387400000 USD
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1267800000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1285800000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
971900000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
852800000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
114400000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
116600000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
32000000.0 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
22500000 USD
CY2022Q1 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
398200000 USD
CY2021Q4 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
413300000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
56600000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
123500000 USD
CY2022Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
8700000 USD
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
12500000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
2849700000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
2827000000 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67443112 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67443112 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67302449 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67302449 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
700000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
700000 USD
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
737000000.0 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
750900000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24600000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22500000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
942100000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
880200000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1655200000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1609200000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4504900000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4436200000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1936200000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1492400000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1659600000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1249400000 USD
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
153100000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
122600000 USD
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17500000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10800000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
106000000.0 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
109700000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 USD
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2022Q1 us-gaap Interest Expense
InterestExpense
6200000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
8500000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
100300000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
101900000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24300000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27200000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76000000.0 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
74600000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
600000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1200000 USD
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2400000 USD
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4000000.0 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
200000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
400000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
74000000.0 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
79500000 USD
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67900000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67200000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68300000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67600000 shares
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.190
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1655200000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1569100000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76000000.0 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
74600000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27700000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22300000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9300000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7400000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8500000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8500000 USD
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
900000 USD
CY2021Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000000.0 USD
CY2022Q1 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-1400000 USD
CY2021Q1 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-1600000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
300000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1000000.0 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 USD
CY2022Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
90300000 USD
CY2021Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
52300000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1100000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-800000 USD
CY2022Q1 abm Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-2300000 USD
CY2021Q1 abm Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-6900000 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1300000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-5900000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-41800000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3000000.0 USD
CY2022Q1 abm Increase Decrease In Lease Liabilities Noncurrent
IncreaseDecreaseInLeaseLiabilitiesNoncurrent
-2100000 USD
CY2021Q1 abm Increase Decrease In Lease Liabilities Noncurrent
IncreaseDecreaseInLeaseLiabilitiesNoncurrent
-6100000 USD
CY2022Q1 us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
-17500000 USD
CY2021Q1 us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
-4600000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4700000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
32500000 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-66500000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-34500000 USD
CY2022Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-169600000 USD
CY2021Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-29300000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-93600000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45300000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9600000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6600000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
200000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
1400000 USD
CY2022Q1 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
3000000.0 USD
CY2021Q1 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12400000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5200000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10000000.0 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6500000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13300000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13100000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12700000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
475500000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2600000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
356600000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
32600000 USD
CY2022Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
5900000 USD
CY2021Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-12000000.0 USD
CY2022Q1 us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
2600000 USD
CY2021Q1 us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
4000000.0 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
600000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
700000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
90300000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57800000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-600000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1900000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-16200000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15900000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62800000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
394200000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46600000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
378300000 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
THE COMPANY AND NATURE OF OPERATIONS <div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ABM is a leading provider of integrated facility services with a mission to make a difference, every person, every day. We are organized into four industry groups and one Technical Solutions segment: </span></div><div style="margin-top:9pt;text-align:center"><img alt="abm-20220131_g3.jpg" src="abm-20220131_g3.jpg" style="height:110px;margin-bottom:5pt;vertical-align:text-bottom;width:582px"/></div>Through these groups, we offer janitorial, facilities engineering, parking, and specialized mechanical and electrical technical solutions, on a standalone basis or in combination with other services.
CY2022Q1 abm Number Of Industry Groups
NumberOfIndustryGroups
4 industryGroup
CY2022Q1 abm Number Of Technical Solution Segments
NumberOfTechnicalSolutionSegments
1 segment
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
310700000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.80
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q1 abm Contract With Customer Asset Billed Trade Receivable Current
ContractWithCustomerAssetBilledTradeReceivableCurrent
1102700000 USD
CY2021Q4 abm Contract With Customer Asset Billed Trade Receivable Current
ContractWithCustomerAssetBilledTradeReceivableCurrent
1057600000 USD
CY2022Q1 abm Contract With Customer Asset Unbilled Trade Receivables Current
ContractWithCustomerAssetUnbilledTradeReceivablesCurrent
141300000 USD
CY2021Q4 abm Contract With Customer Asset Unbilled Trade Receivables Current
ContractWithCustomerAssetUnbilledTradeReceivablesCurrent
112100000 USD
CY2022Q1 abm Contract With Customer Asset Costs Incurred In Excess Of Amounts Billed Current
ContractWithCustomerAssetCostsIncurredInExcessOfAmountsBilledCurrent
69100000 USD
CY2021Q4 abm Contract With Customer Asset Costs Incurred In Excess Of Amounts Billed Current
ContractWithCustomerAssetCostsIncurredInExcessOfAmountsBilledCurrent
52500000 USD
CY2022Q1 abm Contract With Customer Asset Capitalized Commissions
ContractWithCustomerAssetCapitalizedCommissions
27900000 USD
CY2021Q4 abm Contract With Customer Asset Capitalized Commissions
ContractWithCustomerAssetCapitalizedCommissions
27800000 USD
CY2022Q1 abm Contract With Customer Asset Increase Decrease For New Capitalized Costs
ContractWithCustomerAssetIncreaseDecreaseForNewCapitalizedCosts
3500000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
3500000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
58500000 USD
CY2022Q1 abm Contract With Customer Liability Increase Decrease For Additional Contract Liabilities
ContractWithCustomerLiabilityIncreaseDecreaseForAdditionalContractLiabilities
72700000 USD
CY2022Q1 abm Contract With Customer Liability Including New Contract Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractRevenueRecognized
63200000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
68000000.0 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76000000.0 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
74600000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67900000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67200000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68300000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67600000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2022Q1 abm Insurance Policy Coverage General Liability And Automobile Liability Losses
InsurancePolicyCoverageGeneralLiabilityAndAutomobileLiabilityLosses
200000000 USD
CY2022Q1 abm Property Damage Policy Limit
PropertyDamagePolicyLimit
75000000 USD
CY2022Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-25200000 USD
CY2021Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-11400000 USD
CY2022Q1 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
66500000 USD
CY2021Q4 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
66500000 USD
CY2022Q1 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
242400000 USD
CY2021Q4 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
242300000 USD
CY2021Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
12600000 USD
CY2022Q1 abm Loans Payable Current Gross
LoansPayableCurrentGross
32500000 USD
CY2021Q4 abm Loans Payable Current Gross
LoansPayableCurrentGross
32500000 USD
CY2022Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
1100000 USD
CY2021Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
1100000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
31400000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
31400000 USD
CY2022Q1 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
593100000 USD
CY2021Q4 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
601300000 USD
CY2022Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
3200000 USD
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
3500000 USD
CY2022Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
589900000 USD
CY2021Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
597800000 USD
CY2022Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
382000000.0 USD
CY2021Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
255000000.0 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
971900000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
852800000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
166900000 USD
CY2022Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
749300000 USD
CY2022Q1 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
8100000 USD
CY2022Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
500000 USD
CY2022Q1 abm Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Tax
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsTax
300000 USD
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
131600000 USD
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
300000 shares
CY2022Q1 abm Stock Repurchase Average Cost Per Share
StockRepurchaseAverageCostPerShare
44.23
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13300000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
166900000 USD
CY2022Q1 abm Surety Bonds
SuretyBonds
700400000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24300000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27200000 USD
CY2022Q1 abm Effective Income Tax Rate Reconciliation Change In Tax Reserves Amount
EffectiveIncomeTaxRateReconciliationChangeInTaxReservesAmount
-3500000 USD
CY2020Q4 abm Social Security Tax Employer Deferral Cares Act
SocialSecurityTaxEmployerDeferralCARESAct
132000000 USD
CY2021Q4 abm Social Security Tax Employer Payment Cares Act
SocialSecurityTaxEmployerPaymentCARESAct
66000000 USD
CY2022Q1 abm Social Security Tax Employer Deferral Cares Act
SocialSecurityTaxEmployerDeferralCARESAct
66000000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1936200000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1492400000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
106000000.0 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
109700000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
6200000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
8500000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
100300000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
101900000 USD

Files In Submission

Name View Source Status
0000771497-22-000004-index-headers.html Edgar Link pending
0000771497-22-000004-index.html Edgar Link pending
0000771497-22-000004.txt Edgar Link pending
0000771497-22-000004-xbrl.zip Edgar Link pending
abm-20220131.htm Edgar Link pending
abm-20220131.xsd Edgar Link pending
abm-20220131_cal.xml Edgar Link unprocessable
abm-20220131_def.xml Edgar Link unprocessable
abm-20220131_g1.jpg Edgar Link pending
abm-20220131_g2.jpg Edgar Link pending
abm-20220131_g3.jpg Edgar Link pending
abm-20220131_g4.jpg Edgar Link pending
abm-20220131_g5.jpg Edgar Link pending
abm-20220131_g6.jpg Edgar Link pending
abm-20220131_g7.jpg Edgar Link pending
abm-20220131_g8.jpg Edgar Link pending
abm-20220131_htm.xml Edgar Link completed
abm-20220131_lab.xml Edgar Link unprocessable
abm-20220131_pre.xml Edgar Link unprocessable
abm1312022ex101.htm Edgar Link pending
abm1312022ex102.htm Edgar Link pending
abm1312022ex103.htm Edgar Link pending
abm1312022ex104.htm Edgar Link pending
abm1312022ex311.htm Edgar Link pending
abm1312022ex312.htm Edgar Link pending
abm1312022ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending