ABM Return On Equity from 2010 to 2024

ABM Stock  USD 56.80  0.19  0.33%   
ABM Industries Return On Equity yearly trend continues to be very stable with very little volatility. Return On Equity is likely to drop to 0.11. Return On Equity is a measure of the profitability of ABM Industries Incorporated in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.16
Current Value
0.11
Quarterly Volatility
0.04375458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ABM Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.7 M, Interest Expense of 99.4 M or Selling General Administrative of 691.7 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0255 or PTB Ratio of 1.34. ABM financial statements analysis is a perfect complement when working with ABM Industries Valuation or Volatility modules.
  
Check out the analysis of ABM Industries Correlation against competitors.

Latest ABM Industries' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of ABM Industries Incorporated over the last few years. Return on Equity is the amount of ABM Industries net income returned as a percentage of ABM Industries equity. Return on equity measures ABM Industries profitability by revealing how much profit ABM Industries Incorporated generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. ABM Industries' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ABM Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.084410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

ABM Return On Equity Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.05
Coefficient Of Variation53.86
Mean Deviation0.03
Median0.08
Standard Deviation0.04
Sample Variance0
Range0.1599
R-Value0.45
Mean Square Error0
R-Squared0.20
Significance0.09
Slope0
Total Sum of Squares0.03

ABM Return On Equity History

2024 0.11
2023 0.16
2022 0.14
2021 0.13
2020 0.0785
2019 1.33E-4
2018 0.0826

About ABM Industries Financial Statements

ABM Industries investors utilize fundamental indicators, such as Return On Equity, to predict how ABM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.16  0.11 

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When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out the analysis of ABM Industries Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
0.895
Earnings Share
2.42
Revenue Per Share
129.802
Quarterly Revenue Growth
0.033
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.