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

NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $2.3B, roughly 1.7× ABM INDUSTRIES INC). NetEase, Inc. runs the higher net margin — 31.0% vs 1.5%, a 29.5% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $112.7M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% 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.

NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.

ABM vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.7× larger
NTES
$4.0B
$2.3B
ABM
Higher net margin
NTES
NTES
29.5% more per $
NTES
31.0%
1.5%
ABM
More free cash flow
NTES
NTES
$1.7B more FCF
NTES
$1.8B
$112.7M
ABM
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
5.3%
ABM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ABM
ABM
NTES
NTES
Revenue
$2.3B
$4.0B
Net Profit
$34.8M
$1.2B
Gross Margin
11.8%
64.1%
Operating Margin
3.0%
28.3%
Net Margin
1.5%
31.0%
Revenue YoY
5.4%
Net Profit YoY
394.9%
EPS (diluted)
$0.56

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
NTES
NTES
Q4 25
$2.3B
Q3 25
$2.2B
$4.0B
Q2 25
$2.1B
$3.9B
Q1 25
$2.1B
$4.0B
Q4 24
$2.2B
Q3 24
$2.1B
$3.7B
Q2 24
$2.0B
$3.5B
Q1 24
$2.1B
$3.7B
Net Profit
ABM
ABM
NTES
NTES
Q4 25
$34.8M
Q3 25
$41.8M
$1.2B
Q2 25
$42.2M
$1.3B
Q1 25
$43.6M
$1.5B
Q4 24
$-11.8M
Q3 24
$4.7M
$955.7M
Q2 24
$43.8M
$939.6M
Q1 24
$44.7M
$1.1B
Gross Margin
ABM
ABM
NTES
NTES
Q4 25
11.8%
Q3 25
12.3%
64.1%
Q2 25
12.8%
64.7%
Q1 25
12.3%
64.1%
Q4 24
12.5%
Q3 24
12.6%
62.9%
Q2 24
12.6%
62.9%
Q1 24
11.8%
63.4%
Operating Margin
ABM
ABM
NTES
NTES
Q4 25
3.0%
Q3 25
3.8%
28.3%
Q2 25
3.9%
32.5%
Q1 25
3.7%
36.2%
Q4 24
0.9%
Q3 24
1.8%
27.3%
Q2 24
4.0%
27.4%
Q1 24
3.6%
28.4%
Net Margin
ABM
ABM
NTES
NTES
Q4 25
1.5%
Q3 25
1.9%
31.0%
Q2 25
2.0%
32.6%
Q1 25
2.1%
36.6%
Q4 24
-0.5%
Q3 24
0.2%
25.6%
Q2 24
2.2%
26.8%
Q1 24
2.2%
29.1%
EPS (diluted)
ABM
ABM
NTES
NTES
Q4 25
$0.56
Q3 25
$0.67
Q2 25
$0.67
Q1 25
$0.69
Q4 24
$-0.18
Q3 24
$0.07
Q2 24
$0.69
Q1 24
$0.70

Balance Sheet & Financial Strength

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

Metric
ABM
ABM
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$104.1M
$31.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$160.8B
Total Assets
$5.3B
$214.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABM
ABM
NTES
NTES
Q4 25
$104.1M
Q3 25
$69.3M
$31.3B
Q2 25
$58.7M
$54.4B
Q1 25
$59.0M
$41.7B
Q4 24
$64.6M
Q3 24
$86.3M
$20.2B
Q2 24
$60.7M
$19.0B
Q1 24
$58.0M
$43.0B
Stockholders' Equity
ABM
ABM
NTES
NTES
Q4 25
$1.8B
Q3 25
$1.8B
$160.8B
Q2 25
$1.8B
$154.0B
Q1 25
$1.8B
$147.8B
Q4 24
$1.8B
Q3 24
$1.8B
$135.6B
Q2 24
$1.8B
$134.2B
Q1 24
$1.8B
$130.5B
Total Assets
ABM
ABM
NTES
NTES
Q4 25
$5.3B
Q3 25
$5.3B
$214.5B
Q2 25
$5.3B
$208.5B
Q1 25
$5.2B
$200.9B
Q4 24
$5.1B
Q3 24
$5.0B
$184.9B
Q2 24
$4.9B
$183.3B
Q1 24
$5.0B
$195.1B

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
NTES
NTES
Operating Cash FlowLast quarter
$133.4M
$1.8B
Free Cash FlowOCF − Capex
$112.7M
$1.8B
FCF MarginFCF / Revenue
4.9%
44.7%
Capex IntensityCapex / Revenue
0.9%
1.0%
Cash ConversionOCF / Net Profit
3.83×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABM
ABM
NTES
NTES
Q4 25
$133.4M
Q3 25
$174.9M
$1.8B
Q2 25
$32.3M
$1.5B
Q1 25
$-106.2M
$1.7B
Q4 24
$30.4M
Q3 24
$79.4M
$1.5B
Q2 24
$117.0M
$898.8M
Q1 24
$-100.0K
$1.3B
Free Cash Flow
ABM
ABM
NTES
NTES
Q4 25
$112.7M
Q3 25
$150.1M
$1.8B
Q2 25
$15.2M
$1.5B
Q1 25
$-122.9M
$1.6B
Q4 24
$15.6M
Q3 24
$63.9M
$1.5B
Q2 24
$101.5M
$875.6M
Q1 24
$-13.7M
$1.3B
FCF Margin
ABM
ABM
NTES
NTES
Q4 25
4.9%
Q3 25
6.7%
44.7%
Q2 25
0.7%
38.3%
Q1 25
-5.8%
40.4%
Q4 24
0.7%
Q3 24
3.1%
38.9%
Q2 24
5.0%
25.0%
Q1 24
-0.7%
34.0%
Capex Intensity
ABM
ABM
NTES
NTES
Q4 25
0.9%
Q3 25
1.1%
1.0%
Q2 25
0.8%
0.7%
Q1 25
0.8%
1.6%
Q4 24
0.7%
Q3 24
0.7%
1.4%
Q2 24
0.8%
0.7%
Q1 24
0.7%
1.5%
Cash Conversion
ABM
ABM
NTES
NTES
Q4 25
3.83×
Q3 25
4.18×
1.47×
Q2 25
0.77×
1.20×
Q1 25
-2.44×
1.15×
Q4 24
Q3 24
16.89×
1.58×
Q2 24
2.67×
0.96×
Q1 24
-0.00×
1.22×

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%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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