Key Highlights

  • ABM's $0.29 quarterly dividend goes ex-dividend October 1, 2026 and is payable November 2 to shareholders of record.
  • Fiscal third-quarter revenue was $2.3171 billion, up 4.2%, with 2.1% organic growth and 2.1% acquisition growth.
  • GAAP net income was $49.7 million, or $0.84 per diluted share, compared with $41.8 million, or $0.67.
  • Operating cash flow was $146.8 million and free cash flow was $128.4 million for the quarter.

Overview

ABM Industries Incorporated's (NYSE:ABM) $0.29 quarterly dividend yields 2.39% and was declared September 8, 2026, alongside fiscal third-quarter GAAP diluted EPS of $0.84 and adjusted diluted EPS of $1.04. The company's release compares the dividend with $0.265 declared in the prior-year quarter. Free cash flow was $128.4 million for the quarter and $199.6 million for the nine months.

Dividend Program and Shareholder Returns

ABM's board declared a regular quarterly dividend of $0.29 per common share on September 8, 2026. It is payable November 2, 2026 to shareholders of record on October 1, 2026, which is also the ex-dividend date.

The latest filing identifies no separate special or supplemental common dividend. Dividend declarations remain subject to board approval and the company's financial condition.

About the Company

ABM provides integrated facility, engineering and infrastructure solutions through its Business & Industry, Manufacturing & Distribution, Education, Aviation and Technical Solutions segments. Services include janitorial and custodial work, facilities engineering, parking, aviation support, mechanical and electrical services and infrastructure projects for commercial, industrial, educational, aviation and public-sector customers. Recurring service contracts supply a base of revenue, while project work and acquisitions add growth.

Financial Performance Behind the Payout

ABM reported fiscal third-quarter revenue of $2.3171 billion, up 4.2% from a year earlier, made up of 2.1% organic growth and 2.1% acquisition growth. GAAP net income was $49.7 million, or $0.84 per diluted share, up 19% from $41.8 million, or $0.67. Operating profit was $91.5 million, an increase of $8.1 million.

On a non-GAAP basis, adjusted net income was $61.5 million, or $1.04 per diluted share, and adjusted EBITDA was $139.6 million, up 11%.

Operating cash flow was $146.8 million and free cash flow was $128.4 million for the quarter. For the nine months, operating cash flow was $275.0 million and free cash flow was $199.6 million.

Acquisitions, Restructuring and Project Timing Behind the Cash Flow

The WGNSTAR and LMC acquisitions contributed $45.6 million of fiscal third-quarter revenue. The 10-Q states that organic growth reflected new business and expansion in Aviation and Manufacturing & Distribution, partly offset by Business & Industry client attrition and delayed Technical Solutions microgrid projects.

The restructuring program continued to reduce headcount and related general and administrative compensation costs during the quarter. GAAP and adjusted results are reported separately, with GAAP net income of $49.7 million and adjusted net income of $61.5 million.

Outlook

The 10-Q identifies new business and expansion in Aviation and Manufacturing & Distribution, Business & Industry client attrition and delayed Technical Solutions microgrid projects as the drivers of organic growth. Acquisition contributions, including $45.6 million from WGNSTAR and LMC, and the savings from the restructuring program in general and administrative costs are the other items the company reports.