One of the world's largest facility services companies, ABM keeps offices, schools, airports, sports venues, and hospitals running by handling janitorial work, engineering, parking, and energy solutions for clients across the country. It began in 1909 when founder Morris Rosenberg spent a few dollars on a bucket and mop and walked San Francisco's Fillmore Street washing shop windows. During the 9/11 attacks, an ABM window washer used his squeegee to cut through drywall and free himself and others from a trapped elevator, and that squeegee now sits in the Smithsonian.
ABM stockholders elect 12 directors and approve executive compensation at 2026 annual meeting
All 12 director nominees received majority support, with votes for ranging from 46,431,962 (Art A. Garcia) to 50,648,006 (Barry A. Hytinen).
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At the March 25, 2026 annual meeting, ABM stockholders elected 12 director nominees, each to serve until the 2027 annual meeting.
Stockholders approved, on an advisory basis, ABM's executive compensation with 48,442,064 votes for and 2,231,511 against.
Stockholders ratified the appointment of KPMG LLP as ABM's independent registered public accounting firm for fiscal year 2026 with 52,415,179 votes for.
The report was filed under Item 5.07 to disclose the results of these stockholder votes.
5.07 Submission of Matters to a Vote of Security Holders
ABM reports Q1 FY2026 revenue of $2.2B, up 6.1%, and reaffirms FY2026 outlook.
Revenue for the quarter ended January 31, 2026 was $2.2 billion, up 6.1% year-over-year, with organic growth of 5.5%.
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Net income was $38.8 million, or $0.64 per diluted share, compared to $43.6 million, or $0.69 per diluted share, in the prior year.
Adjusted net income was $50.4 million, or $0.83 per diluted share, versus $55.3 million, or $0.87, in the prior year.
Adjusted EBITDA was $117.8 million, compared to $120.6 million last year.
The company reaffirmed its fiscal 2026 outlook: organic revenue growth of 3% to 4%, total revenue growth of 4% to 5%, segment operating margin of 7.8% to 8.0%, and adjusted EPS of $3.85 to $4.15.
2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits
ABM Industries enters $255M incremental term loan to fund $275M acquisition of Iveagh New Opportunities
On February 3, 2026, ABM Industries entered into a First Amendment to its Amended and Restated Credit Agreement, adding a $255.0 million incremental term loan.
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The amendment also increased the permitted annual restricted payment amount to the greater of $72.0 million or $1.16 per share, up from $50.0 million and $1.00 per share.
Proceeds from the new term loan partially funded the acquisition of all share capital of Iveagh New Opportunities Limited for approximately $275.0 million in cash.
The acquisition was previously disclosed and is subject to a Share Purchase Agreement dated December 15, 2025 with PW Red October S.À R.L, Watchman Investment Holdings Unlimited Company, and certain Management Sellers.
The new term loan bears interest at 2.000% per annum for Term SOFR Loans and 1.000% per annum for Base Rate Loans, subject to a pricing grid after April 30, 2026.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
ABM to acquire WGNSTAR for ~$275M cash, reports Q4/FY2025 results
ABM entered a Share Purchase Agreement to acquire all share capital of Iveagh New Opportunities Limited (WGNSTAR) for approximately $275 million in cash, financed with cash on hand and borrowings under its amended revolving credit facility.
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The acquisition is expected to strengthen ABM's position in the semiconductor market and expand technical capabilities in fabrication environments, capitalizing on U.S. semiconductor onshoring trends.
Closing is subject to customary conditions, including HSR waiting period expiration and certain Irish regulatory approvals.
ABM reported Q4 FY2025 revenue of $2.3 billion (up 5.4% YoY) and net income of $34.8 million ($0.56 per diluted share), with adjusted EPS of $0.88.
For fiscal 2026, ABM projects adjusted EPS of $3.85–$4.15 and organic revenue growth of 3%–4%, with WGNSTAR adding about 1 point of growth.
1.01 Entry into a Material Definitive Agreement · 2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
ABM Industries elects Barry A. Hytinen to its Board of Directors, effective October 29, 2025.
The Board increased its size from eleven to twelve directors in connection with Hytinen's appointment.
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Barry A. Hytinen was elected as a director of ABM Industries Incorporated on October 29, 2025, effective immediately.
Hytinen's director compensation matches that of other non-employee directors, including a pro-rated annual restricted stock unit award and applicable Board and committee fees.
Hytinen is Executive Vice President and Chief Financial Officer of Iron Mountain Incorporated and has over two decades of corporate finance and operational leadership experience.
The Company will enter into its standard form of director's indemnification agreement with Hytinen.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
ABM elects Carol A. Clements to its Board of Directors, effective June 11, 2025.
The Board approved a resolution increasing the size of the Board from ten to eleven directors in connection with her appointment.
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On June 11, 2025, the Board of Directors of ABM Industries Incorporated elected Carol A. Clements as a director, effective immediately.
Ms. Clements has not yet been appointed to any committee of the Board.
Her compensation as a non-employee director matches that of other non-employee directors, including a pro-rated annual restricted stock unit award and applicable Board and committee fees.
The Company will enter into its standard form of director's indemnification agreement with Ms. Clements.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits