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ABM Industries — Mar 10, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-099334
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend
“$0.29 per common share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 9
Quarterly cash dividend
“$0.29 per common share”
Organic revenue growth for FY2026
“3% to 4%”
Total revenue growth for FY2026
“4% to 5%”
Segment operating margin for FY2026
“between 7.8% and 8.0%”
Adjusted EPS for FY2026
“$3.85 to $4.15, before any impact from prior-year self-insurance adjustments”
Adjusted EPS
“$3.85 to $4.15”
Interest expense for FY2026
“between $95 million and $105 million”
Normalized tax rate for FY2026
“between 29% and 30%, excluding discrete and non-taxable items”
Normalized tax rate
“between 29% and 30%”
Exhibit 99.1 · the passage around this item
… earlier in the release
  2   During the first quarter, ABM repurchased approximately 2.1 million shares of its common stock for $91.1 million, at an average price of $44.13 per share. At quarter-end, $92.0 million remained available under the Company’s share repurchase program.   Quarterly Cash Dividend   After the quarter’s close, the Board declared a cash dividend of $0.29 per common share, payable on May 4, 2026, to shareholders of record on April 2, 2026.   Outlook   The Company’s fiscal 2026 outlook remains unchanged. The Company continues to expect organic revenue growth of 3% to 4% and total revenue growth of 4% to 5%. Segment operating margin, defined as total segment operating profit divided by total revenue, is projected to be between 7.8% and 8.0%, and adjusted EPS is expected to be in the range of $3.85 to $4.15, before any impact from prior-year self-insurance adjustments.   Interest expense is forecast to be between $95 million and $105 million, and the normalized tax rate is expected to be between 29% and 30%, excluding discrete and non-taxable items.   The Company cannot provide a reconciliation of forward-looking non-GAAP segment operating margin or adjusted EPS to the corresponding GAAP measure without unreasonable effort due to the uncertainty of timing and the magnitude of items such as acquisition and integration related costs, legal costs and other settlements. These items are inherently difficult to forecast and may result in a GAAP range that is too large and variable to be meaningful.   Conference Call Information   ABM will host its quarterly
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.