ABM INDUSTRIES Business Summary

ABM Industries Inc. (NYSE: ABM) is a leading provider of integrated facility solutions, generating revenue through a service-based model across five primary segments: Business & Industry (B&I), Manufacturing & Distribution, Education, Aviation, and Technical Solutions. The company’s B&I segment remains its core revenue driver, providing janitorial, engineering, and parking services to commercial real estate and sports venues, while its Technical Solutions and Aviation divisions serve as high-growth engines, recently bolstered by the 2026 acquisition of WGNSTAR to expand into semiconductor fabrication environments. ABM operates in a highly competitive landscape alongside major players such as EMCOR Group, Aramark, Sodexo, and ISS World Services. As the largest facility services provider listed on the New York Stock Exchange, ABM maintains a dominant market position by leveraging its massive scale of over 100,000 employees and a strategic pivot toward technology-enabled, higher-margin specialized services. Founded in 1909 by Morris Rosenberg as a San Francisco window-washing business, ABM is currently led by President and CEO Scott Salmirs, who brought over 20 years of real estate leadership experience from Goldman Sachs, Lehman Brothers, and CBRE before joining the firm. The executive leadership includes EVP and CFO David Orr, a two-decade company veteran promoted in June 2025, and EVP and COO Rene Jacobsen. The Board of Directors is chaired by Sudhakar Kesavan, the former Chairman and CEO of ICF International and an MIT alumnus with a distinguished pedigree in scaling global professional services. The company is backed by a strong institutional investor base, including BlackRock, Vanguard, and Dimensional Fund Advisors, reflecting its long-standing reputation as a stable, cash-generative leader in the commercial services sector.