Filing Flows › ABM Industries (ABM) › Q2 FY25
ABM Industries (ABM) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 6, 2025
ABM Industries (ABM) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and -0.2% from the quarter before. Operating margin was 3.9%, net earnings $42.2M (2.0% of revenue).
ABM Industries, Q2 FY25: revenue $2.1B (+5% year over year), operating margin 3.9%, net earnings $42.2M, operating cash flow $32.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -0.2% | +5% |
| Operating profit | $82.3M | +6% | +1% |
| Net earnings | $42.2M | -3% | -4% |
| Operating cash flow | $32.3M | — | -72% |
| Free cash flow | $15.2M | — | -85% |
What changed
Revenue was $2.1B in Q2 FY25, up 5% year over year and roughly flat from the previous quarter. Janitorial was the largest line at 61% of revenue. Janitorial added $0.04B year over year (up 3%), 38% of the total change.
Operating profit was $0.08B, a 3.9% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 4% margin then. Total costs grew 5% against revenue growth of 5%. Net earnings were $0.04B, down 4% year over year. The effective tax rate was 29.4%.
Operating cash flow was $0.03B (down 72% year over year), 77% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.02B left free cash flow of $0.02B.
Questions
What was ABM Industries' revenue in the second quarter fiscal 2025?
ABM Industries (ABM) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and -0.2% from the quarter before.
Was ABM Industries profitable in the second quarter fiscal 2025?
Operating profit was $82.3M (3.9% of revenue) and net earnings $42.2M.
Source: ABM Industries 10-Q on SEC EDGAR.