Last $27.60 USD
Change Today -0.01 / -0.04%
Volume 92.9K
ABM On Other Exchanges
New York
As of 12:51 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

abm industries inc (ABM) Snapshot

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03/4/14 - $29.50
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abm industries inc (ABM) Details

ABM Industries Incorporated provides integrated facility solutions services in the United States and internationally. It offers carpet cleaning and dusting, floor cleaning and finishing, furniture polishing, window washing, and other building cleaning services for airports and other transportation centers, educational institutions, health facilities, retail stores, shopping centers, stadiums and arenas, and warehouses, as well as commercial office, government, and industrial buildings. The company also provides onsite services comprising mechanical engineering and technical services for facilities and infrastructure systems; and parking and transportation services for clients at various locations. In addition, it offers security services comprising staffing of security officers, mobile patrol services, investigative services, electronic monitoring of fire, life safety systems, access control devices, and security consulting services to various facilities. Further, the company provides heating, ventilation, air-conditioning, electrical, lighting, and other general maintenance and repair services comprising preventative maintenance, retro-commissioning, installations, retrofits and upgrades, environmental services, systems start-ups, performance testing, energy audits, and bundled energy solutions for clients in the private and public sectors. Additionally, it offers support services to the U.S. Government entities, such as military base operations, leadership development, education and training, energy efficiency management, medical support services, and construction management; mechanical and electrical preventive and predictive maintenance solutions; and facility solution services consisting of wheelchair operations, aircraft cabin cleaning, janitorial services, shuttle bus operations, access control, and others to clients in the aviation vertical related to passenger assistance. The company was founded in 1909 and is headquartered in New York, New York.

110,000 Employees
Last Reported Date: 12/18/13
Founded in 1909

abm industries inc (ABM) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $864.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $543.9K
Executive Vice President and President of ABM...
Total Annual Compensation: $655.8K
Executive Vice President and President of ABM...
Total Annual Compensation: $655.8K
Executive Vice President
Total Annual Compensation: $457.5K
Compensation as of Fiscal Year 2013.

abm industries inc (ABM) Key Developments

ABM Healthcare Support Services Receives Contract from Regional West Medical Center

ABM announced that ABM Healthcare Support Services has been selected to provide environmental services for Regional West Medical Center (RWMC) in Scottsbluff, NE. RWMC is western Nebraska's and eastern Wyoming's primary resource for comprehensive medical care. Under the multi-year, multi-million dollar partnership, ABM has begun overseeing all housekeeping operational aspects, including transitioning associates previously on staff, with an aim to enhance Regional West's ability to deliver excellence in patient care through a clean, healthy environment.

ABM Industries Incorporated Promotes Three Executives

ABM Industries Incorporated announced three executive promotions. Scott Salmirs has been promoted to Executive Vice President, ABM Industries from his prior position as Executive Vice President, ABM Onsite Services -- Northeast. General Counsel and Corporate Secretary Sarah Hlavinka McConnell has been named Executive Vice President. She has served as Senior Vice President, General Counsel and Corporate Secretary since May 2008. Chief Information Officer Doug Gilbert has been promoted to Senior Vice President, having served previously as Vice President and Chief Information Officer. McConnell, who joined ABM in 2007, previously served as Vice President, Assistant General Counsel and Secretary of Fisher Scientific International Inc., among other positions. Gilbert has served as ABM's Chief Information Officer since December 2007. He joined ABM as part of the company's acquisition of his previous employer, OneSource, where he had served as Vice President & Chief Information Officer.

ABM Industries Mulls Acquisitions

ABM Industries Incorporated (NYSE:ABM) is looking for acquisitions. Henrik Slipsager, Chief Executive Officer and President of Abm Industries said, "Well in general I would of course focus, as I've shown over the last many years, focus on acquisitions that keep bringing some value to the Company both in form of could be verticals, could be geography, could be services like the one investment that we made in Tracy's group business this particular quarter". He also said, "We have a number of opportunities and we normally don't comment too much on acquisitions, but clearly we feel we have appropriate cash availability to do the acquisitions that we see in the short term if any comes through".


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Valuation ABM Industry Range
Price/Earnings 21.8x
Price/Sales 0.3x
Price/Book 1.6x
Price/Cash Flow 15.6x
TEV/Sales 0.2x

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