PAY VERSUS PERFORMANCE
Pay Versus Performance Table
Year |
Summary Compensation Table Total for PEO(1) |
Compensation Actually Paid |
Average Summary Compensation Table Total for Non-PEO Named Executive Officers(1) |
Average Compensation Actually Paid to Non-PEO Named Executive Officers(1) (2) |
Value of Initial Fixed $100 Investment Based On: |
Net Income |
CIP Adjusted Net Income(4) ($ millions) |
|
Total Shareholder Return(3) |
Peer Group Total Shareholder Return(3) |
|||||||
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
(g) |
(h) |
(i) |
2025 |
$9,111,185 |
$6,237,231 |
$3,067,138 |
$1,931,437 |
$136.42 |
$191.33 |
$162.4 |
$231.4 |
2024 |
$8,686,980 |
$11,631,629 |
$3,698,813 |
$3,971,054 |
$164.71(5) |
$200.65 |
$81.4 |
$226.4 |
2023 |
$8,253,602 |
$5,335,253 |
$2,912,020 |
$2,089,755 |
$119.83 |
$145.35 |
$251.3 |
$231.9 |
2022 |
$8,336,757 |
$8,902,035 |
$2,865,096 |
$2,965,287 |
$132.79 |
$129.03 |
$230.4 |
$245.5 |
2021 |
$7,556,634 |
$13,980,283 |
$2,895,786 |
$3,692,270 |
$128.94 |
$139.99 |
$126.3 |
$240.1 |
(1) Scott Salmirs served as our principal executive officer (“PEO”) for the full fiscal year for each of 2025, 2024, 2023, 2022, and 2021. For fiscal year 2025, our non-PEO NEOs included Mr. Ellis, Mr. Jacobsen, Mr. Mahoney, Mr. Orr, and Mr. Valentin. For fiscal year 2024, our non-PEO NEOs included Mr. Ellis, Mr. Feinberg, Mr. Jacobsen, Ms. Newborn, and Mr. Valentin. For fiscal years 2023 and 2022, our non-PEO named executive officers (“NEOs”) included Mr. Ellis, Mr. Feinberg, Mr. Jacobsen, and Ms. Newborn. For fiscal year 2021, our non-PEO NEOs included Mr. Ellis, Dean A. Chin, Mr. Feinberg, Mr. Jacobsen, and Ms. Newborn.
(2) The dollar amounts in columns (c) and (e) represent the amount of “Compensation Actually Paid”, as computed in accordance with SEC rules. Compensation Actually Paid does not represent cash and/or equity value realized or paid to ABM’s PEO or NEOs, but rather is a value calculated under applicable SEC rules. For each of fiscal year 2025, 2024, 2023, 2022, and 2021, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
PEO SCT Total to Compensation Actually Paid Reconciliation
Fiscal Year |
2021 |
2022 |
2023 |
2024 |
2025 |
SCT Total for PEO (column (b)) |
$7,556,634 |
$8,336,757 |
$8,253,602 |
$8,686,980 |
$9,111,185 |
- SCT “Stock Awards” column value |
$4,454,996 |
$5,499,957 |
$5,750,227 |
$5,749,575 |
$6,449,997 |
- SCT “Option Awards” column value |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Fair Value at Fiscal Year-End of Equity Awards Granted in the Covered Fiscal Year That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$4,819,970 |
$5,910,698 |
$4,650,057 |
$7,360,856 |
$5,308,599 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$4,438,209 |
($39,367) |
($2,204,359) |
$695,070 |
($1,703,462) |
+ Fair Value at Vesting Date of Equity Awards Granted and Vested in the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Vested During the Covered Fiscal Year |
$1,236,235 |
($205,505) |
$176,327 |
$341,598 |
($254,945) |
- Fair Value as of Prior Fiscal Year-End of Equity Awards Granted in Prior Fiscal Years That Failed to Vest During the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Dollar Value of Dividends or Other Earnings Paid Prior to the Vesting Date on Equity Awards During the Covered Fiscal Year |
$384,231 |
$399,409 |
$209,853 |
$296,700 |
$225,851 |
Compensation Actually Paid to PEO (column (c)) |
$13,980,283 |
$8,902,035 |
$5,335,253 |
$11,631,629 |
$6,237,231 |
Non-PEO NEO Average SCT Total to Average Compensation Actually Paid Reconciliation
Fiscal Year |
2021 |
2022 |
2023 |
2024 |
2025 |
Average SCT Total for Non-PEO NEOs (column (d)) |
$2,895,786 |
$2,865,096 |
$2,912,020 |
$3,698,813 |
$3,067,138 |
- SCT “Stock Awards” column value |
$1,365,593 |
$1,402,456 |
$1,581,287 |
$1,739,859 |
$1,302,683 |
- SCT “Option Awards” column value |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Fair Value at Fiscal Year-End of Equity Awards Granted in the Covered Fiscal Year That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$1,502,347 |
$1,507,193 |
$1,278,745 |
$1,837,163 |
$820,505 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$475,245 |
($19,548) |
($613,616) |
$135,875 |
($373,237) |
+ Fair Value at Vesting Date of Equity Awards Granted and Vested in the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Vested During the Covered Fiscal Year |
$120,555 |
($47,588) |
$36,346 |
$114,862 |
($44,512) |
- Fair Value as of Prior Fiscal Year-End of Equity Awards Granted in Prior Fiscal Years That Failed to Vest During the Covered Fiscal Year |
$0 |
$0 |
$0 |
$142,775 |
$275,378 |
+ Dollar Value of Dividends or Other Earnings Paid Prior to the Vesting Date on Equity Awards During the Covered Fiscal Year |
$63,930 |
$62,590 |
$57,547 |
$66,975 |
$39,604 |
Average Compensation Actually Paid to Non-PEO NEOs (column (e)) |
$3,692,270 |
$2,965,287 |
$2,089,755 |
$3,971,054 |
$1,931,437 |
(3) For each year, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on October 30, 2020 and in accordance with Items 201(e) and 402(v) of Regulation S-K. For purposes of this pay versus performance disclosure, the Peer Group for which Total Shareholder Return is provided in column (g) is the S&P Composite 1500 – Commercial Services and Supplies industry index (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.
(4) CIP Adjusted Net Income is a non-GAAP measure. Reconciliations to the nearest GAAP measure, Net Income, are set forth in Appendix A.
(5) 2024 TSR for ABM has been corrected for a missed dividend.
(1) Scott Salmirs served as our principal executive officer (“PEO”) for the full fiscal year for each of 2025, 2024, 2023, 2022, and 2021. For fiscal year 2025, our non-PEO NEOs included Mr. Ellis, Mr. Jacobsen, Mr. Mahoney, Mr. Orr, and Mr. Valentin. For fiscal year 2024, our non-PEO NEOs included Mr. Ellis, Mr. Feinberg, Mr. Jacobsen, Ms. Newborn, and Mr. Valentin. For fiscal years 2023 and 2022, our non-PEO named executive officers (“NEOs”) included Mr. Ellis, Mr. Feinberg, Mr. Jacobsen, and Ms. Newborn. For fiscal year 2021, our non-PEO NEOs included Mr. Ellis, Dean A. Chin, Mr. Feinberg, Mr. Jacobsen, and Ms. Newborn.
(3) For each year, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on October 30, 2020 and in accordance with Items 201(e) and 402(v) of Regulation S-K. For purposes of this pay versus performance disclosure, the Peer Group for which Total Shareholder Return is provided in column (g) is the S&P Composite 1500 – Commercial Services and Supplies industry index (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.
(2) The dollar amounts in columns (c) and (e) represent the amount of “Compensation Actually Paid”, as computed in accordance with SEC rules. Compensation Actually Paid does not represent cash and/or equity value realized or paid to ABM’s PEO or NEOs, but rather is a value calculated under applicable SEC rules. For each of fiscal year 2025, 2024, 2023, 2022, and 2021, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
PEO SCT Total to Compensation Actually Paid Reconciliation
Fiscal Year |
2021 |
2022 |
2023 |
2024 |
2025 |
SCT Total for PEO (column (b)) |
$7,556,634 |
$8,336,757 |
$8,253,602 |
$8,686,980 |
$9,111,185 |
- SCT “Stock Awards” column value |
$4,454,996 |
$5,499,957 |
$5,750,227 |
$5,749,575 |
$6,449,997 |
- SCT “Option Awards” column value |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Fair Value at Fiscal Year-End of Equity Awards Granted in the Covered Fiscal Year That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$4,819,970 |
$5,910,698 |
$4,650,057 |
$7,360,856 |
$5,308,599 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$4,438,209 |
($39,367) |
($2,204,359) |
$695,070 |
($1,703,462) |
+ Fair Value at Vesting Date of Equity Awards Granted and Vested in the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Vested During the Covered Fiscal Year |
$1,236,235 |
($205,505) |
$176,327 |
$341,598 |
($254,945) |
- Fair Value as of Prior Fiscal Year-End of Equity Awards Granted in Prior Fiscal Years That Failed to Vest During the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Dollar Value of Dividends or Other Earnings Paid Prior to the Vesting Date on Equity Awards During the Covered Fiscal Year |
$384,231 |
$399,409 |
$209,853 |
$296,700 |
$225,851 |
Compensation Actually Paid to PEO (column (c)) |
$13,980,283 |
$8,902,035 |
$5,335,253 |
$11,631,629 |
$6,237,231 |
(2) The dollar amounts in columns (c) and (e) represent the amount of “Compensation Actually Paid”, as computed in accordance with SEC rules. Compensation Actually Paid does not represent cash and/or equity value realized or paid to ABM’s PEO or NEOs, but rather is a value calculated under applicable SEC rules. For each of fiscal year 2025, 2024, 2023, 2022, and 2021, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
Fiscal Year |
2021 |
2022 |
2023 |
2024 |
2025 |
Average SCT Total for Non-PEO NEOs (column (d)) |
$2,895,786 |
$2,865,096 |
$2,912,020 |
$3,698,813 |
$3,067,138 |
- SCT “Stock Awards” column value |
$1,365,593 |
$1,402,456 |
$1,581,287 |
$1,739,859 |
$1,302,683 |
- SCT “Option Awards” column value |
$0 |
$0 |
$0 |
$0 |
$0 |
+ Fair Value at Fiscal Year-End of Equity Awards Granted in the Covered Fiscal Year That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$1,502,347 |
$1,507,193 |
$1,278,745 |
$1,837,163 |
$820,505 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Were Outstanding and Unvested as of the Covered Fiscal Year-End |
$475,245 |
($19,548) |
($613,616) |
$135,875 |
($373,237) |
+ Fair Value at Vesting Date of Equity Awards Granted and Vested in the Covered Fiscal Year |
$0 |
$0 |
$0 |
$0 |
$0 |
+/- Change in Fair Value of Equity Awards Granted in Prior Fiscal Years That Vested During the Covered Fiscal Year |
$120,555 |
($47,588) |
$36,346 |
$114,862 |
($44,512) |
- Fair Value as of Prior Fiscal Year-End of Equity Awards Granted in Prior Fiscal Years That Failed to Vest During the Covered Fiscal Year |
$0 |
$0 |
$0 |
$142,775 |
$275,378 |
+ Dollar Value of Dividends or Other Earnings Paid Prior to the Vesting Date on Equity Awards During the Covered Fiscal Year |
$63,930 |
$62,590 |
$57,547 |
$66,975 |
$39,604 |
Average Compensation Actually Paid to Non-PEO NEOs (column (e)) |
$3,692,270 |
$2,965,287 |
$2,089,755 |
$3,971,054 |
$1,931,437 |
Tabular List
The following table lists the three financial performance measures that we believe represent the most important financial performance measures we use to link compensation actually paid to our NEOs for fiscal year 2025 to our performance.
Most Important Performance Measures |
• CIP Adjusted Net Income • Organic Revenue • M&A Adjusted EBITDA |