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Side-by-side financial comparison of ABM INDUSTRIES INC (ABM) and Equinix (EQIX). Click either name above to swap in a different company.

Equinix is the larger business by last-quarter revenue ($2.4B vs $2.3B, roughly 1.1× ABM INDUSTRIES INC). ABM INDUSTRIES INC runs the higher net margin — 1.5% vs 0.0%, a 1.5% gap on every dollar of revenue. On growth, Equinix posted the faster year-over-year revenue change (9.0% vs 5.4%). ABM INDUSTRIES INC produced more free cash flow last quarter ($112.7M vs $-596.0M). Over the past eight quarters, Equinix's revenue compounded faster (5.4% CAGR vs 5.3%).

ABM Industries Inc. is a facility management provider in the United States founded in 1909 by Morris Rosenberg in San Francisco, California. ABM provides facility services in areas such as electrical, lighting, energy, facility engineering, electrification, heating, ventilation, air conditioning, mechanical, janitorial services, landscape, grounds, parking, and transportation.

Equinix Inc. is an American multinational company headquartered in Redwood City, California. It specialized in internet connectivity and data center colocation centers, commonly known as carrier hotels until the company converted to a real estate investment trust (REIT) in January 2015.

ABM vs EQIX — Head-to-Head

Bigger by revenue
EQIX
EQIX
1.1× larger
EQIX
$2.4B
$2.3B
ABM
Growing faster (revenue YoY)
EQIX
EQIX
+3.6% gap
EQIX
9.0%
5.4%
ABM
Higher net margin
ABM
ABM
1.5% more per $
ABM
1.5%
0.0%
EQIX
More free cash flow
ABM
ABM
$708.7M more FCF
ABM
$112.7M
$-596.0M
EQIX
Faster 2-yr revenue CAGR
EQIX
EQIX
Annualised
EQIX
5.4%
5.3%
ABM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ABM
ABM
EQIX
EQIX
Revenue
$2.3B
$2.4B
Net Profit
$34.8M
$415.0K
Gross Margin
11.8%
0.1%
Operating Margin
3.0%
0.0%
Net Margin
1.5%
0.0%
Revenue YoY
5.4%
9.0%
Net Profit YoY
394.9%
21.0%
EPS (diluted)
$0.56
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABM
ABM
EQIX
EQIX
Q2 26
$2.4B
Q1 26
$2.4B
Q4 25
$2.3B
$2.4B
Q3 25
$2.2B
$2.3B
Q2 25
$2.1B
$2.3B
Q1 25
$2.1B
$2.2B
Q4 24
$2.2B
$2.3B
Q3 24
$2.1B
$2.2B
Net Profit
ABM
ABM
EQIX
EQIX
Q2 26
$415.0K
Q1 26
$265.0M
Q4 25
$34.8M
$265.0M
Q3 25
$41.8M
$374.0M
Q2 25
$42.2M
$368.0M
Q1 25
$43.6M
$343.0M
Q4 24
$-11.8M
$-14.0M
Q3 24
$4.7M
$297.0M
Gross Margin
ABM
ABM
EQIX
EQIX
Q2 26
0.1%
Q1 26
50.5%
Q4 25
11.8%
50.5%
Q3 25
12.3%
50.7%
Q2 25
12.8%
52.0%
Q1 25
12.3%
51.3%
Q4 24
12.5%
47.1%
Q3 24
12.6%
50.1%
Operating Margin
ABM
ABM
EQIX
EQIX
Q2 26
0.0%
Q1 26
17.4%
Q4 25
3.0%
17.4%
Q3 25
3.8%
20.5%
Q2 25
3.9%
21.9%
Q1 25
3.7%
20.6%
Q4 24
0.9%
4.6%
Q3 24
1.8%
19.3%
Net Margin
ABM
ABM
EQIX
EQIX
Q2 26
0.0%
Q1 26
11.0%
Q4 25
1.5%
11.0%
Q3 25
1.9%
16.1%
Q2 25
2.0%
16.3%
Q1 25
2.1%
15.4%
Q4 24
-0.5%
-0.6%
Q3 24
0.2%
13.5%
EPS (diluted)
ABM
ABM
EQIX
EQIX
Q2 26
$0.00
Q1 26
$2.70
Q4 25
$0.56
$2.70
Q3 25
$0.67
$3.81
Q2 25
$0.67
$3.75
Q1 25
$0.69
$3.50
Q4 24
$-0.18
$-0.19
Q3 24
$0.07
$3.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABM
ABM
EQIX
EQIX
Cash + ST InvestmentsLiquidity on hand
$104.1M
$3.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$14.3B
Total Assets
$5.3B
$40.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABM
ABM
EQIX
EQIX
Q2 26
$3.1B
Q1 26
$3.2B
Q4 25
$104.1M
$3.2B
Q3 25
$69.3M
$2.9B
Q2 25
$58.7M
$4.5B
Q1 25
$59.0M
$3.7B
Q4 24
$64.6M
$3.6B
Q3 24
$86.3M
$3.2B
Total Debt
ABM
ABM
EQIX
EQIX
Q2 26
Q1 26
Q4 25
Q3 25
$17.3B
Q2 25
$18.1B
Q1 25
$15.9B
Q4 24
$15.3B
Q3 24
$15.4B
Stockholders' Equity
ABM
ABM
EQIX
EQIX
Q2 26
$14.3B
Q1 26
$14.2B
Q4 25
$1.8B
$14.2B
Q3 25
$1.8B
$14.2B
Q2 25
$1.8B
$14.1B
Q1 25
$1.8B
$13.9B
Q4 24
$1.8B
$13.5B
Q3 24
$1.8B
$13.6B
Total Assets
ABM
ABM
EQIX
EQIX
Q2 26
$40.9B
Q1 26
$40.1B
Q4 25
$5.3B
$40.1B
Q3 25
$5.3B
$38.1B
Q2 25
$5.3B
$38.8B
Q1 25
$5.2B
$36.1B
Q4 24
$5.1B
$35.1B
Q3 24
$5.0B
$35.4B
Debt / Equity
ABM
ABM
EQIX
EQIX
Q2 26
Q1 26
Q4 25
Q3 25
1.22×
Q2 25
1.28×
Q1 25
1.14×
Q4 24
1.13×
Q3 24
1.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABM
ABM
EQIX
EQIX
Operating Cash FlowLast quarter
$133.4M
$717.0M
Free Cash FlowOCF − Capex
$112.7M
$-596.0M
FCF MarginFCF / Revenue
4.9%
-24.4%
Capex IntensityCapex / Revenue
0.9%
0.0%
Cash ConversionOCF / Net Profit
3.83×
1727.71×
TTM Free Cash FlowTrailing 4 quarters
$155.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABM
ABM
EQIX
EQIX
Q2 26
$717.0M
Q1 26
Q4 25
$133.4M
$1.1B
Q3 25
$174.9M
$1.0B
Q2 25
$32.3M
$944.0M
Q1 25
$-106.2M
$809.0M
Q4 24
$30.4M
$981.0M
Q3 24
$79.4M
$758.0M
Free Cash Flow
ABM
ABM
EQIX
EQIX
Q2 26
$-596.0M
Q1 26
Q4 25
$112.7M
$-292.0M
Q3 25
$150.1M
$-122.0M
Q2 25
$15.2M
$-45.0M
Q1 25
$-122.9M
$59.0M
Q4 24
$15.6M
$-6.0M
Q3 24
$63.9M
$34.0M
FCF Margin
ABM
ABM
EQIX
EQIX
Q2 26
-24.4%
Q1 26
Q4 25
4.9%
-12.1%
Q3 25
6.7%
-5.3%
Q2 25
0.7%
-2.0%
Q1 25
-5.8%
2.7%
Q4 24
0.7%
-0.3%
Q3 24
3.1%
1.5%
Capex Intensity
ABM
ABM
EQIX
EQIX
Q2 26
0.0%
Q1 26
Q4 25
0.9%
59.3%
Q3 25
1.1%
49.1%
Q2 25
0.8%
43.8%
Q1 25
0.8%
33.7%
Q4 24
0.7%
43.7%
Q3 24
0.7%
32.9%
Cash Conversion
ABM
ABM
EQIX
EQIX
Q2 26
1727.71×
Q1 26
Q4 25
3.83×
4.32×
Q3 25
4.18×
2.71×
Q2 25
0.77×
2.57×
Q1 25
-2.44×
2.36×
Q4 24
Q3 24
16.89×
2.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABM
ABM

Facility Service Line Janitorial$729.5M32%
Technical Solutions$298.6M13%
Aviation$296.7M13%
Education$233.8M10%
Engineering And Infrastructure Service Line$211.3M9%
Engineering And Infrastructure Service Line Operations And Maintenance$207.2M9%
Facility Service Line Aviation Services$134.4M6%
Facility Service Line Parking And Transportation$108.0M5%
Management Reimbursement Revenue$86.9M4%

EQIX
EQIX

Recurring revenues$1.0B43%
Colocation$731.0M30%
Other$314.0M13%
Interconnection$251.0M10%
Managed infrastructure$57.0M2%
Non-recurring revenues$45.0M2%

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