Vestis Corporation (VSTS) 10-Year Financial Performance & Capital Metrics

VSTS • • Industrial / General

IndustrialsRental & LeasingSpecialized Equipment & Modular SolutionsUniform & Workplace Supply Services

AboutVestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries. Vestis Corporation was founded in 1936 and is headquartered in Roswell, Georgia.Show more

Revenue $2.73B -2.5%
EBITDA $226M -24.3%
Net Income -$40M -291.8%
EPS (Diluted) -0.31 -293.7%
Gross Margin 23.35% -19.7%
EBITDA Margin 8.27% -22.3%
Operating Margin 3.04% -46.0%
Net Margin -1.47% -296.8%
ROE -4.55% -293.1%
ROIC 3.72% -24.9%
Debt/Equity 0.30 -80.1%
Interest Coverage 0.90 -27.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 1.0x book value

✗Weaknesses

✗Weak 3Y average ROE of 3.7%
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y0.59%

TTM-2.53%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-291.81%

EPS CAGR

10Y-

5Y-

3Y-

TTM-291.19%

ROCE

10Y Avg5.58%

5Y Avg5.58%

3Y Avg5.77%

Latest3.34%

Peer Comparison

Uniform & Workplace Supply Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSTSVestis Corporation	906.49M	6.87	-22.16	-2.53%	-1.47%	-4.65%	7.09%	0.30

Profit & Loss

	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Oct 2025
Sales/Revenue+	2.46B	2.69B	2.83B	2.81B	2.73B
Revenue Growth %	-	0.09%	0.05%	-0.01%	-0.03%
Cost of Goods Sold+	1.77B	1.91B	1.97B	1.99B	2.1B
COGS % of Revenue	0.72%	0.71%	0.7%	0.71%	0.77%
Gross Profit+	690.94M	777.33M	855.07M	815.95M	638.59M
Gross Margin %	0.28%	0.29%	0.3%	0.29%	0.23%
Gross Profit Growth %	-	0.13%	0.1%	-0.05%	-0.22%
Operating Expenses+	594.7M	585.09M	637.16M	658M	555.48M
OpEx % of Revenue	0.24%	0.22%	0.23%	0.23%	0.2%
Selling, General & Admin	461.4M	450.73M	500.66M	517.22M	517.31M
SG&A % of Revenue	0.19%	0.17%	0.18%	0.18%	0.19%
Research & Development	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-
Other Operating Expenses	1.12M	0	136.5M	140.78M	38.17M
Operating Income+	96.24M	192.24M	217.91M	157.95M	83.11M
Operating Margin %	0.04%	0.07%	0.08%	0.06%	0.03%
Operating Income Growth %	-	1%	0.13%	-0.28%	-0.47%
EBITDA+	229.54M	326.6M	354.41M	298.73M	226.13M
EBITDA Margin %	0.09%	0.12%	0.13%	0.11%	0.08%
EBITDA Growth %	-	0.42%	0.09%	-0.16%	-0.24%
D&A (Non-Cash Add-back)	133.31M	134.35M	136.5M	140.78M	143.02M
EBIT	96.24M	192.24M	225.51M	158.59M	47.96M
Net Interest Income+	1.12M	-2.28M	-10K	-126.56M	-92.26M
Interest Income	1.12M	0	0	0	0
Interest Expense	0	2.28M	10K	126.56M	92.26M
Other Income/Expense	1.12M	-2.28M	51.82M	-125.92M	-127.42M
Pretax Income+	97.36M	189.96M	269.73M	32.03M	-44.31M
Pretax Margin %	0.04%	0.07%	0.1%	0.01%	-0.02%
Income Tax+	23.09M	48.28M	56.57M	11.06M	-4.08M
Effective Tax Rate %	0.76%	0.75%	0.79%	0.65%	0.91%
Net Income+	74.27M	141.68M	213.16M	20.97M	-40.22M
Net Margin %	0.03%	0.05%	0.08%	0.01%	-0.01%
Net Income Growth %	-	0.91%	0.5%	-0.9%	-2.92%
Net Income (Continuing)	74.27M	141.68M	213.16M	20.97M	-40.22M
Discontinued Operations	0	0	0	0	0
Minority Interest	0	0	0	0	0
EPS (Diluted)+	0.57	1.09	1.63	0.16	-0.31
EPS Growth %	-	0.91%	0.5%	-0.9%	-2.94%
EPS (Basic)	0.57	1.09	1.63	0.16	-0.31
Diluted Shares Outstanding	131M	129.86M	130.73M	131.79M	131.75M
Basic Shares Outstanding	131M	129.86M	130.73M	131.51M	131.75M
Dividend Payout Ratio	1.29%	0.95%	7.92%	0.95%	-

Balance Sheet

	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Oct 2025
Total Current Assets+	931.92M	987.28M	1.02B	787.39M	850.03M
Cash & Short-Term Investments	41.11M	23.74M	36.05M	31.01M	29.75M
Cash Only	41.11M	23.74M	36.05M	31.01M	29.75M
Short-Term Investments	0	0	0	0	0
Accounts Receivable	317.28M	368.71M	392.92M	177.27M	162.29M
Days Sales Outstanding	47.14	50.09	50.76	23.06	21.66
Inventory	557.14M	576.58M	573.75M	561.01M	179.02M
Days Inventory Outstanding	115.18	110.2	106.29	102.9	31.17
Other Current Assets	16.4M	18.25M	17.24M	18.1M	478.97M
Total Non-Current Assets+	2.18B	2.15B	2.14B	2.14B	2.06B
Property, Plant & Equipment	740.26M	722.17M	722.42M	744.39M	748.57M
Fixed Asset Turnover	3.32x	3.72x	3.91x	3.77x	3.65x
Goodwill	964.9M	963.38M	963.54M	963.84M	961.73M
Intangible Assets	276.91M	264.26M	238.61M	212.77M	188.84M
Long-Term Investments	-42.32M	-39.57M	0	0	0
Other Non-Current Assets	194.39M	195.93M	212.59M	223.99M	157.73M
Total Assets+	3.11B	3.13B	3.16B	2.93B	2.91B
Asset Turnover	0.79x	0.86x	0.89x	0.96x	0.94x
Asset Growth %	-	0.01%	0.01%	-0.07%	-0.01%
Total Current Liabilities+	383.32M	402.19M	395.52M	456.1M	408.96M
Accounts Payable	133.37M	167.13M	134.5M	163.05M	158.36M
Days Payables Outstanding	27.57	31.94	24.92	29.91	27.57
Short-Term Debt	0	0	26.25M	0	55.42M
Deferred Revenue (Current)	0	0	0	0	0
Other Current Liabilities	0	0	0	241.81M	195.18M
Current Ratio	2.43x	2.45x	2.58x	1.73x	2.08x
Quick Ratio	0.98x	1.02x	1.13x	0.50x	1.64x
Cash Conversion Cycle	134.75	128.35	132.14	96.06	25.26
Total Non-Current Liabilities+	393.08M	395M	1.88B	1.57B	1.63B
Long-Term Debt	0	0	1.46B	1.15B	208.1M
Capital Lease Obligations	137.95M	140.8M	151.3M	181.44M	208.1M
Deferred Tax Liabilities	184.26M	201.83M	0	191.47M	177.34M
Other Non-Current Liabilities	70.87M	52.38M	270.25M	52.6M	1.25B
Total Liabilities	776.4M	797.2M	2.28B	2.03B	2.04B
Total Debt+	181.58M	182.18M	1.69B	1.38B	263.53M
Net Debt	140.47M	158.44M	1.65B	1.35B	233.78M
Debt / Equity	0.08x	0.08x	1.92x	1.53x	0.30x
Debt / EBITDA	0.79x	0.56x	4.76x	4.62x	1.17x
Net Debt / EBITDA	0.61x	0.49x	4.66x	4.52x	1.03x
Interest Coverage	-	84.17x	21790.90x	1.25x	0.90x
Total Equity+	2.33B	2.34B	877.36M	903.05M	865.64M
Equity Growth %	-	0%	-0.62%	0.03%	-0.04%
Book Value per Share	17.80	17.99	6.71	6.85	6.57
Total Shareholders' Equity	2.33B	2.34B	877.36M	903.05M	865.64M
Common Stock	2.34B	2.37B	908.53M	1.31M	1.32M
Retained Earnings	0	0	0	2.56M	-46.88M
Treasury Stock	0	0	0	0	0
Accumulated OCI	-11.61M	-31.68M	-31.17M	-28.91M	-26.33M
Minority Interest	0	0	0	0	0

Cash Flow

	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Oct 2025
Cash from Operations+	244.34M	232.85M	256.98M	471.79M	64.23M
Operating CF Margin %	0.1%	0.09%	0.09%	0.17%	0.02%
Operating CF Growth %	-	-0.05%	0.1%	0.84%	-0.86%
Net Income	74.27M	141.68M	213.16M	20.97M	-40.22M
Depreciation & Amortization	133.31M	134.35M	136.5M	140.78M	143.02M
Stock-Based Compensation	15.43M	17.4M	14.47M	16.34M	11.56M
Deferred Taxes	-615K	20.6M	14.37M	-19.58M	-13.4M
Other Non-Cash Items	34.47M	26.18M	-44.13M	10.62M	7.1M
Working Capital Changes	-12.53M	-107.37M	-77.39M	302.69M	-43.83M
Change in Receivables	-20.52M	-94.22M	-40.25M	215.81M	14M
Change in Inventory	-4.01M	-42.86M	3.6M	12.99M	-24.37M
Change in Payables	10.3M	31.4M	-32.89M	21.66M	-267K
Cash from Investing+	-103.16M	-86.13M	-14.75M	-73.64M	-19.82M
Capital Expenditures	-90.14M	-76.45M	-77.87M	-78.91M	0
CapEx % of Revenue	0.04%	0.03%	0.03%	0.03%	0.02%
Acquisitions	-	-	-	-	-
Investments	-	-	-	-	-
Other Investing	2.75M	7.52M	-40.61M	5.27M	-60.26M
Cash from Financing+	-125.51M	-162.54M	-230.27M	-402.98M	-46.06M
Debt Issued (Net)	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-
Dividends Paid	-95.6M	-134.5M	-1.69B	-19.85M	-13.82M
Share Repurchases	-	-	-	-	-
Other Financing	0	0	-13.75M	-13.02M	-2.11M
Net Change in Cash	-	-	-	-	-
Free Cash Flow+	154.2M	156.4M	179.11M	392.88M	64.23M
FCF Margin %	0.06%	0.06%	0.06%	0.14%	0.02%
FCF Growth %	-	0.01%	0.15%	1.19%	-0.84%
FCF per Share	1.18	1.20	1.37	2.98	0.49
FCF Conversion (FCF/Net Income)	3.29x	1.64x	1.21x	22.50x	-1.60x
Interest Paid	0	0	0	0	0
Taxes Paid	0	0	0	0	0

Key Ratios

Metric	2021	2022	2023	2024	2025
Return on Equity (ROE)	3.18%	6.07%	13.27%	2.36%	-4.55%
Return on Invested Capital (ROIC)	2.92%	5.81%	6.51%	4.96%	3.72%
Gross Margin	28.13%	28.93%	30.26%	29.08%	23.35%
Net Margin	3.02%	5.27%	7.54%	0.75%	-1.47%
Debt / Equity	0.08x	0.08x	1.92x	1.53x	0.30x
Interest Coverage	-	84.17x	21790.90x	1.25x	0.90x
FCF Conversion	3.29x	1.64x	1.21x	22.50x	-1.60x
Revenue Growth	-	9.38%	5.15%	-0.69%	-2.53%

Revenue by Segment

	2024	2025
United States	2.56B	-
United States Growth	-	-

Revenue by Geography

	2024	2025
UNITED STATES	-	2.49B
UNITED STATES Growth	-	-
CANADA	-	245.46M
CANADA Growth	-	-
Canada	249.9M	-
Canada Growth	-	-

Frequently Asked Questions

Growth & Financials

Vestis Corporation (VSTS) reported $2.73B in revenue for fiscal year 2025. This represents a 11% increase from $2.46B in 2021.

Vestis Corporation (VSTS) saw revenue decline by 2.5% over the past year.

Vestis Corporation (VSTS) reported a net loss of $40.2M for fiscal year 2025.

Dividend & Returns

Yes, Vestis Corporation (VSTS) pays a dividend with a yield of 1.53%. This makes it attractive for income-focused investors.

Vestis Corporation (VSTS) has a return on equity (ROE) of -4.5%. Negative ROE indicates the company is unprofitable.

Vestis Corporation (VSTS) generated $48.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

← Back to Screener