m_and_a
confidence high
sentiment positive
materiality 0.85
ABM to acquire WGNSTAR for $275M; reports Q4 revenue record $2.3B, guides FY2026 EPS $3.85-$4.15
ABM INDUSTRIES INC /DE/
- Acquisition of WGNSTAR for ~$275M cash; expected close Q2 FY2026; WGNSTAR annual revenue ~$135M, EBITDA margins above ABM's M&D segment.
- Q4 FY2025 revenue record $2.3B (+5.4% YoY, organic 4.8%); net income $34.8M ($0.56 EPS); adjusted EPS $0.88.
- Full year revenue record $8.7B; adjusted EPS guidance FY2026 $3.85-$4.15; organic revenue growth 3%-4%.
- Board increased quarterly dividend 9% to $0.29/share, payable Feb 2, 2026, record Jan 14, 2026.
- Repurchased $73M of stock in Q4, $121.3M for full year, reducing share count 4%.
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