Vestis Corporation

Vestis Corporation

VSTS
Vestis CorporationUS flagNew York Stock Exchange
13.18
USD
+0.38
- -
1.74BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.56
18.75
20.51
21.61
21.34
20.76
20.54
Basic EPS, GAAP
0.85
0.57
1.08
1.63
0.16
-0.31
-0.13
Free Cash Flow per Basic Share
1.32
1.18
1.19
1.37
2.99
0.04
0.74
Dividend per Share
1.09
0.73
1.03
12.92
0.15
0.1
- -
Book Value per Share
- -
- -
- -
- -
0.03
-0.35
-0.37
Tangible Book Value per Share
- -
8.32
8.46
-2.48
-2.08
-2.16
-2.05
Basic Weighted Avg Shares
131
131
131
131
132
132
132
Sales/Revenue/Turnover
2,562
2,457
2,687
2,825
2,806
2,735
2,709
Operating Margin (%)
5.84
3.92
7.15
7.71
5.63
2.36
3.17
Depreciation Expense
137
133
134
137
141
143
139
Net Income, GAAP
112
74
142
213
21
-40
-17
Effective Tax Rate (%)
25.33
23.72
25.42
20.97
34.53
- -
- -
Profit Margin (%)
4.36
3.02
5.27
7.54
0.75
-1.47
-0.63
Working Capital
- -
549
585
624
357
441
452
LT Debt
- -
138
141
1,614
1,329
1,363
1,327
Total Equity
- -
2,332
2,336
877
903
866
867
Return on Invested Capital (%)
- -
5.92
5.77
6.85
4.31
- -
- -
Return on Capital (%)
- -
81.8
79.76
22.98
6.76
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
1,080.93
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
55
55
51
LT Borrowings
1,155
1,149
1,115
LT Finance Leases
208
204
211
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
132
132
Market Capitalization
597
879
1,037

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
850
853
851
Cash, Cash Equivalents & STI
30
42
50
Accounts Receivable, Net
162
153
150
Inventories
585
573
567
Total Current Liabilities
409
392
399
Payables & Accruals
354
337
348
ST Debt
55
55
51
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.14%
Free Cash Flow
- -
5.16%
-98.53%
Net Income, GAAP
- -
-54.85%
-291.81%
Sales/Revenue/Turnover
- -
1.44%
-2.53%
Total Cash Common Dividend
- -
206.81%
-30.37%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
718
705
698
684
2,806
2025
684
665
674
712
2,735
2026
663
659
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.05
0.04
-0.02
0.16
2025
0.01
-0.21
-0.01
-0.1
-0.31
2026
-0.05
0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.05
0.03
0.03
0.15
2025
0.03
0.07
- -
- -
0.1
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
James Jay Barber Jr.
Full Time Employees
19,600
Sector
Industrials
Industry
Rental & Leasing Services
Address
500 Colonial Center Parkway Roswell DE United States of America 30076
IPO Date
Oct 3, 2023
Website
vestis.com
Business
Vestis Corporation provides uniform rentals and workplace supplies across the United States and Canada. The company's core products include full-service uniform rental programs featuring shirts, pants, outerwear, gowns, scrubs, high-visibility garments, particulate-free and flame-resistant garments, shoes, and accessories. Vestis also offers workplace supplies such as managed restroom supply services, floor mats, towels, linens, first aid supplies, and safety products. Additionally, the company specializes in cleanroom and other specialty garment processing tailored to industries including manufacturing, hospitality, retail, food processing, pharmaceuticals, healthcare, automotive, and cleanroom environments. Founded in 1936 and headquartered in Roswell, Georgia, Vestis serves a broad range of North American customers from Fortune 500 companies to small businesses. Recent major developments include the appointment of Jim Barber as President and Chief Executive Officer in June 2025, bringing over 35 years of logistics and operations experience. The company has also made key leadership appointments with Rod Wedemeier as Chief Human Resources Officer and Wendy Zacchio as Chief Information Officer and Chief Digital Officer in October 2025 to strengthen its organizational foundation and advance digital strategy. Vestis amended its credit agreement in 2025 to increase financial flexibility by extending the net leverage covenant ratio through the second quarter of 2026 and eliminated dividends to bolster its balance sheet. The company has attracted acquisition interest from private equity firms including Advent International and Apollo Global Management and received a preliminary acquisition inquiry from France-based Elis in 2024, reflecting ongoing strategic evaluations. Vestis operates as an independent public company listed on the New York Stock Exchange under the ticker VSTS following its 2023 spin-off from Aramark Corporation. The company’s offerings emphasize clean and safe uniform and workplace supply services aimed at maintaining hygiene, safety, and operational efficiency for its clients, making it a leading provider in the B2B uniform and workplace supplies sector in North America.

Company News

APIChat
  • Vestis (VSTS) is a Great Momentum Stock: Should You Buy?

  • Vestis Q2 Earnings Call Highlights

  • Why Vestis (VSTS) Might be Well Poised for a Surge

  • Vestis Analysts Boost Their Forecasts After Upbeat Q2 Earnings

  • Vestis Corporation (VSTS) Q2 2026 Earnings Call Transcript

  • Vestis (VSTS) Q2 Earnings and Revenues Beat Estimates

  • Vestis Reports Second Quarter 2026 Results and Increases Full Year 2026 Outlook

  • Vestis Announces Date for Fiscal Second Quarter 2026 Results Conference Call and Webcast

  • Vestis Corporation $VSTS Shares Bought by SG Americas Securities LLC

  • Townsquare Media, Vestis, and Ashland: 3 Under-the-Radar Stocks to Watch

  • Royce Small-Cap Total Return Fund FY 2025: What Worked

  • Counterpoint Mutual Funds LLC Grows Stake in Vestis Corporation $VSTS

  • Vestis Corporation (VSTS) Q1 2026 Earnings Call Transcript

  • Vestis (VSTS) Q1 Earnings Beat Estimates

  • Vestis Reports First Quarter 2026 Results and Reaffirms Fiscal 2026 Outlook

  • HALPER SADEH LLC ENCOURAGES VESTIS CORPORATION SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS

  • Vestis Announces Date for Fiscal First Quarter 2026 Results Conference Call and Webcast

  • Vestis Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Vestis Corporation - VSTS

  • Vestis (NYSE:VSTS) Director Douglas Pertz Purchases 10,000 Shares

  • Vestis (NYSE:VSTS) Director Douglas Pertz Acquires 15,000 Shares