Tearsheet

Aramark (ARMK)


Market Price (12/28/2025): $37.43 | Market Cap: $9.8 Bil
Sector: Consumer Discretionary | Industry: Distributors

Aramark (ARMK)


Market Price (12/28/2025): $37.43
Market Cap: $9.8 Bil
Sector: Consumer Discretionary
Industry: Distributors

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Low stock price volatility
Vol 12M is 29%
Weak multi-year price returns
2Y Excs Rtn is -8.7%, 3Y Excs Rtn is -51%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52%
1 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, Vegan & Alternative Foods, and Sustainable Resource Management. Themes include Organic & Natural Products, Show more.
  Key risks
ARMK key risks include [1] its dependence on client retention and favorable contract renewals and [2] significant margin pressure from rising labor costs and workforce management challenges.
0 Low stock price volatility
Vol 12M is 29%
1 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, Vegan & Alternative Foods, and Sustainable Resource Management. Themes include Organic & Natural Products, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -8.7%, 3Y Excs Rtn is -51%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52%
4 Key risks
ARMK key risks include [1] its dependence on client retention and favorable contract renewals and [2] significant margin pressure from rising labor costs and workforce management challenges.

Valuation, Metrics & Events

ARMK Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are key points explaining Aramark's stock movement for the approximate time period from August 31, 2025, to December 27, 2025:

<b>1. Third-quarter revenue miss in August 2025:</b> Aramark's shares fell approximately 4% in pre-market trading on August 5, 2025, after the company reported third-quarter revenue of $4.63 billion, which was below the consensus estimate of $4.66 billion.

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<b>2. Investor reaction to revenue shortfall:</b> The negative market reaction in August 2025 was primarily driven by the revenue shortfall, despite adjusted earnings per share meeting analyst expectations and the company highlighting strong operational performance.

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<b>3. Fourth-quarter EPS and revenue miss in November 2025:</b> The stock experienced a significant drop of nearly 8% in pre-market trading on November 17, 2025, following the announcement of fourth-quarter 2025 earnings that missed analyst expectations for both earnings per share (EPS) and revenue.

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<b>4. Disappointing Q4 performance overshadowed annual growth:</b> Despite strong full-year fiscal 2025 results and an optimistic outlook for fiscal 2026, investor disappointment with the fourth-quarter performance, including reported EPS of $0.57 against an anticipated $0.64 and revenue of $5.05 billion against an expected $5.16 billion, led to the stock's decline.

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<b>5. Client-driven delays in new contract starts:</b> Analyst firms, such as Stifel, adjusted price targets for Aramark in November 2025, citing client-driven timing delays in new contract starts across its Corrections, Workplace Experience, and Healthcare divisions, which pushed expected revenue into the next fiscal year.

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Stock Movement Drivers

Fundamental Drivers

The -2.3% change in ARMK stock from 9/27/2025 to 12/27/2025 was primarily driven by a -12.8% change in the company's Net Income Margin (%).
927202512272025Change
Stock Price ($)38.3037.42-2.29%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)17874.7818506.303.53%
Net Income Margin (%)2.02%1.76%-12.83%
P/E Multiple27.8130.168.45%
Shares Outstanding (Mil)262.66263.10-0.17%
Cumulative Contribution-2.29%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025
ReturnCorrelation
ARMK-2.3% 
Market (SPY)4.3%22.8%
Sector (XLY)1.8%25.2%

Fundamental Drivers

The -10.6% change in ARMK stock from 6/28/2025 to 12/27/2025 was primarily driven by a -10.7% change in the company's Net Income Margin (%).
628202512272025Change
Stock Price ($)41.8537.42-10.59%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)17624.4118506.305.00%
Net Income Margin (%)1.97%1.76%-10.68%
P/E Multiple31.8530.16-5.29%
Shares Outstanding (Mil)264.81263.100.65%
Cumulative Contribution-10.60%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025
ReturnCorrelation
ARMK-10.6% 
Market (SPY)12.6%30.3%
Sector (XLY)11.9%28.5%

Fundamental Drivers

The 1.1% change in ARMK stock from 12/27/2024 to 12/27/2025 was primarily driven by a 16.9% change in the company's Net Income Margin (%).
1227202412272025Change
Stock Price ($)37.0137.421.11%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)17400.7018506.306.35%
Net Income Margin (%)1.51%1.76%16.90%
P/E Multiple37.2030.16-18.92%
Shares Outstanding (Mil)263.90263.100.30%
Cumulative Contribution1.11%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2024 to 12/27/2025
ReturnCorrelation
ARMK1.1% 
Market (SPY)17.0%56.1%
Sector (XLY)7.0%51.8%

Fundamental Drivers

The 30.6% change in ARMK stock from 12/28/2022 to 12/27/2025 was primarily driven by a 35.2% change in the company's Total Revenues ($ Mil).
1228202212272025Change
Stock Price ($)28.6537.4230.62%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)13687.2718506.3035.21%
Net Income Margin (%)1.42%1.76%24.12%
P/E Multiple38.0230.16-20.67%
Shares Outstanding (Mil)258.12263.10-1.93%
Cumulative Contribution30.57%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2023 to 12/27/2025
ReturnCorrelation
ARMK36.7% 
Market (SPY)48.0%52.5%
Sector (XLY)37.7%48.0%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
ARMK Return-10%-3%14%-5%34%2%29%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
ARMK Win Rate50%42%50%50%75%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
ARMK Max Drawdown-70%-17%-20%-19%-1%-18% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See ARMK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventARMKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-31.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven45.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven180 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-72.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven261.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven1,547 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-40.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven67.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven388 days120 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Aramark's stock fell -31.0% during the 2022 Inflation Shock from a high on 3/12/2021. A -31.0% loss requires a 45.0% gain to breakeven.

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About Aramark (ARMK)

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. It also provides on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising landscaping, transportation, payment, and other facility consulting services relating to building operations. In addition, the company offers concessions, banquet, and catering services; retail services and merchandise sale, recreational, and lodging services; and facility management services at sports, entertainment, and recreational facilities. Further, the company offers correctional food; and operates commissaries, laundry facilities, and property rooms. Additionally, it provides design, sourcing and manufacturing, delivery, cleaning, maintenance, and marketing services for uniforms and accessories; provides managed restroom services; and rents uniforms, work clothing, outerwear, particulate-free garments, and non-garment items and related services that include mats, shop towels, and first aid supplies. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Aramark:

  • It's like Amazon Web Services (AWS), but for a company's physical operations such as dining, facility maintenance, and uniforms.
  • Imagine ADP, but instead of payroll and HR, Aramark manages a company's essential physical services like food, cleaning, and uniform rental.
  • It's like FedEx or UPS, but for delivering and managing a company's onsite operational needs, from food services to facility upkeep and uniforms.

AI Analysis | Feedback

  • Food Service Management: Aramark provides comprehensive dining solutions, catering, and food operations for businesses, educational institutions, healthcare facilities, and sports venues.
  • Facilities Management: This service offers integrated solutions including building maintenance, custodial, landscaping, and energy management for various client sites.
  • Uniform Services: Aramark provides rental, sale, and laundering of work uniforms, protective apparel, and related textile products to a wide range of industries.

AI Analysis | Feedback

Aramark (ARMK) - Major Customers

Aramark (symbol: ARMK) primarily sells its services to other companies and institutions, not directly to individual consumers. Due to the diverse nature of its business, which includes food services, facilities management, and uniform services across various sectors, Aramark does not typically have a few publicly disclosed "major customer companies" that account for a significant portion of its revenue. Instead, its customer base consists of a vast array of organizations and institutions globally.

The company serves the following major categories of customers:

  • Educational Institutions: This category includes K-12 school districts, colleges, and universities that contract Aramark for comprehensive dining services, catering, and facilities management for their campuses.
  • Healthcare Institutions: Hospitals, clinics, and senior living facilities are major clients, utilizing Aramark for patient and staff dining services, retail food operations, and a range of facilities management services including environmental services, clinical technology services, and energy management.
  • Businesses & Industry: Aramark provides food services (such as employee cafeterias and executive dining), facilities management (e.g., cleaning, maintenance), and uniform services to corporate offices, manufacturing plants, industrial sites, and other commercial enterprises across various sectors.
  • Sports & Entertainment Venues: Professional sports stadiums, arenas, convention centers, cultural attractions, and other entertainment venues engage Aramark for concessions, premium dining experiences, catering, and event-related facilities services.
  • Correctional Institutions: Aramark provides food services and other support services to prisons and various other correctional facilities.

AI Analysis | Feedback

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John Zillmer, Chief Executive Officer

John Zillmer returned to Aramark as CEO in October 2019, having previously spent 18 years with the company, where he ultimately became President of Global Food & Support Services. After his initial tenure at Aramark, he served as Chairman and CEO of Allied Waste Industries and later as CEO and Executive Chairman of Univar, a global chemical and ingredients distributor. Allied Waste Industries merged with Republic Services, Inc. in December 2008 while he was Chairman and CEO.

Jim Tarangelo, Senior Vice President and Chief Financial Officer

Jim Tarangelo was appointed Aramark's CFO in January 2024. He has over 20 years of experience within Aramark, having held various leadership positions including Senior Vice President and Treasurer, and CFO of Aramark International. Tarangelo played a lead role in the execution of Aramark's 2023 spin-off of its uniforms business. Prior to joining Aramark, he worked at PricewaterhouseCoopers and Legg Mason.

Abigail Charpentier, Senior Vice President & Chief Human Resources Officer

Abigail Charpentier was appointed Senior Vice President and Chief Human Resources Officer in 2023. Her previous roles include Senior Vice President of Human Resources and Diversity for Aramark’s U.S. Food & Facilities from August 2021 to January 2023, and Vice President of People & Culture of the Americas at Four Seasons Hotels & Resorts from 2018 to 2021. She also held various human resources and operational positions from 1995 until 2018, including Vice President of Human Resources at Aramark Headquarters from 2017 to 2018 and Vice President, Human Resources of Aramark Education from 2014 to 2017.

Lauren Harrington, Senior Vice President & General Counsel

Lauren Harrington serves as Senior Vice President and General Counsel for Aramark, leading the legal team responsible for corporate matters and all lines of business, as well as overseeing global compliance and corporate security. She joined Aramark in 2006 and was promoted to Vice President and Associate General Counsel in 2009. She has led legal teams for numerous domestic businesses within Aramark.

Marc Bruno, Chief Operating Officer, U.S. Food & Facilities

Marc Bruno serves as the Chief Operating Officer for U.S. Food & Facilities at Aramark.

AI Analysis | Feedback

The key risks to Aramark's business (symbol: ARMK) are:

  1. Client Retention, Contract Renewals, and Economic Sensitivity: Aramark's business model relies heavily on securing and renewing client contracts, and a failure to do so on favorable terms could significantly impact revenue and profitability. This risk is amplified by its susceptibility to economic downturns, which can reduce demand for its services and affect consumer spending.
  2. Labor Costs and Workforce Management Challenges: As a service-intensive company, Aramark faces significant challenges from rising labor costs, including increasing wages and union negotiations. High employee turnover and the complexities of managing a large workforce also pose ongoing risks to its operating margins.
  3. Intense Competition: The food and facilities services industry is highly competitive, with a multitude of local, regional, national, and international players. This competitive landscape puts continuous pressure on Aramark to innovate, maintain service quality, and manage costs effectively to retain market share and profitability.

AI Analysis | Feedback

1. Shifting Landscape of Business & Industry (B&I) Dining due to Hybrid Work Models: The widespread adoption of hybrid and remote work models is fundamentally reshaping the demand for traditional corporate dining services. Companies are reducing office footprints, seeing fewer employees onsite daily, and consequently re-evaluating the need for large-scale, full-service cafeterias. This shift directly impacts Aramark's largest segment, leading to reduced contract values, cancellations, or a pivot by clients towards more flexible, on-demand, or localized food solutions (e.g., meal stipends, micro-markets, partnerships with local food vendors, expanded delivery services) that may bypass traditional contract food service providers.

2. Accelerating Automation and AI Adoption in Facilities and Food Service Operations: The rapid development and commercial deployment of automation (e.g., robotic cleaning, automated food preparation, inventory management systems) and artificial intelligence (e.g., predictive maintenance for facilities, personalized ordering algorithms) pose an emerging threat. As these technologies become more sophisticated and cost-effective, clients may increasingly choose to invest in these automated solutions directly or partner with specialized technology providers. This could reduce the reliance on human labor provided by companies like Aramark for routine tasks, or even allow clients to insource certain functions that were previously outsourced due to complexity or labor intensity.

AI Analysis | Feedback

Aramark (symbol: ARMK) operates primarily in two main addressable markets: Food Services and Facilities Management. Aramark's Uniform Services division was spun off into an independent publicly traded company, Vestis (NYSE: VSTS), on October 2, 2023, and is therefore no longer a part of Aramark's main products or services.

Food Services

The addressable market for Food Services in the United States was valued at approximately USD 1.02 trillion in 2024. This market is projected to grow to approximately USD 1.53 trillion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.73% during the forecast period. Other estimates place the U.S. food services market at USD 1,202.65 billion in 2024, with a projection to reach USD 2,066.21 billion by 2032 at a CAGR of 7.0% from 2025–2032.

Facilities Management

For Facilities Management in the United States, the market size was estimated at around USD 315.78 billion in 2024. It is expected to reach approximately USD 403.42 billion by 2030, with a CAGR of 6.07% during the forecast period (2025-2030). Another source indicates the U.S. facility management market size at USD 365.93 billion in 2025, projected to rise to USD 422.8 billion by 2030, at a CAGR of 2.93%.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Aramark (ARMK)

Over the next 2-3 years, Aramark (ARMK) is anticipated to drive revenue growth through several key strategies and market dynamics:

  • Net New Business Growth: Aramark expects to continue expanding its client base by securing new contracts across its diverse service sectors. The company highlighted $760 million in new client wins year-to-date in a recent earnings call, contributing to a projected 4%-5% net new business growth for fiscal 2025. Management has also reaffirmed fiscal 2025 guidance, anticipating double-digit revenue growth in the latter half of the year, partly fueled by new business expansion.
  • Base Business Volume Expansion: Growth within Aramark's existing client relationships, referred to as base business volume, is a significant revenue driver. This was evident in fiscal 2024, where consolidated revenue increased by 8% year-over-year due to record base business volume, pricing, and net new business growth. The company's focus on "driving strong profitable top-line growth from base business" is a strategic priority for fiscal 2025.
  • Strategic Pricing Actions: Aramark utilizes strategic pricing to contribute to its revenue growth, alongside increases in volume and new business. While pricing is normalizing from previous favorable inflation trends, it remains a component of the company's overall revenue strategy.
  • High Client Retention Rates: Maintaining strong relationships with existing clients and achieving high retention rates are crucial for consistent revenue. Aramark reported an "unusual high" client retention rate above 98% in both its U.S. and international operations. More recently, client retention rates have exceeded 97% across both its Food and Support Services (FSS) U.S. and International segments.
  • International Market Growth: Aramark's international segment is demonstrating strong performance and is expected to contribute significantly to future revenue growth. The FSS International segment saw an 8% increase in revenue, led by services in Latin America and the United Kingdom. International revenue also grew by 10% year-over-year, with strong contributions from the UK, Spain, Chile, and Canada. The international segment has been noted to be growing faster than the U.S. segment in the first half of fiscal year 2025.

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Share Repurchases

  • Aramark's Board authorized a new share repurchase program of up to $500 million in November 2024.
  • Since the November 2024 authorization and as of the third quarter of fiscal year 2025, Aramark has repurchased approximately 4 million shares for an aggregate purchase price of around $140 million.
  • Aramark's buyback yield for fiscal years ending October 2020 to 2024 averaged -0.6%.

Share Issuance

  • Aramark's annual net common equity issued/repurchased was $0.043 billion in 2022 and $0.046 billion in 2023.
  • Net common equity issued/repurchased for 2024 was $0.037 billion.

Capital Expenditures

  • Aramark's historical capital expenditures were $418 million in fiscal year 2020, $408 million in 2021, $388 million in 2022, $384 million in 2023, and $427 million in 2024.
  • Projected capital expenditures are $486 million for fiscal year 2025, $502 million for 2026, and $519 million for 2027.
  • Capital expenditures are focused on growth in the business, including investments in digital innovations and AI-driven technology for areas like menu personalization, operational efficiency, purchasing compliance, contract productivity, and labor management.

Better Bets than Aramark (ARMK)

Trade Ideas

Select ideas related to ARMK. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
13.7%13.7%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
6.0%6.0%-0.1%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.8%3.8%-4.4%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
19.7%19.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.3%2.3%-1.6%
ARMK_3312020_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312020ARMKAramarkDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
33.5%92.1%-14.9%

Recent Active Movers

More From Trefis

Peer Comparisons for Aramark

Peers to compare with:

Financials

ARMKHPQHPEIBMCSCOAAPLMedian
NameAramark HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price37.4223.2624.49305.0978.16273.4057.79
Mkt Cap9.821.932.6284.9309.24,074.4158.8
Rev LTM18,50655,29534,29665,40257,696408,62556,496
Op Inc LTM7923,6241,64411,54412,991130,2147,584
FCF LTM4322,80062711,85412,73396,1847,327
FCF 3Y Avg2862,9781,40011,75313,879100,5037,366
CFO LTM9213,6972,91913,48313,744108,5658,590
CFO 3Y Avg7203,6723,89613,49814,736111,5598,697

Growth & Margins

ARMKHPQHPEIBMCSCOAAPLMedian
NameAramark HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM6.4%3.2%13.8%4.5%8.9%6.0%6.2%
Rev Chg 3Y Avg10.7%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q14.3%4.2%14.4%9.1%7.5%9.6%9.4%
QoQ Delta Rev Chg LTM3.5%1.1%3.7%2.1%1.8%2.1%2.1%
Op Mgn LTM4.3%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg4.1%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM-0.2%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM5.0%6.7%8.5%20.6%23.8%26.6%14.6%
CFO/Rev 3Y Avg4.1%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM2.3%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg1.6%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

ARMKHPQHPEIBMCSCOAAPLMedian
NameAramark HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap9.821.932.6284.9309.24,074.4158.8
P/S0.50.41.04.45.410.02.7
P/EBIT12.46.819.925.122.531.321.2
P/E30.28.6572.736.029.941.033.1
P/CFO10.75.911.221.122.537.516.2
Total Yield4.4%14.1%2.3%5.0%5.4%2.8%4.7%
Dividend Yield1.1%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg3.1%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.60.50.70.20.10.00.4
Net D/E0.50.30.60.20.00.00.3

Returns

ARMKHPQHPEIBMCSCOAAPLMedian
NameAramark HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn0.6%-1.8%14.4%0.6%2.7%-1.5%0.6%
3M Rtn-2.3%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-10.6%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn1.1%-27.0%16.2%40.5%34.5%7.5%11.8%
3Y Rtn30.6%-1.9%71.1%143.1%81.3%120.2%76.2%
1M Excs Rtn-3.5%-5.6%12.9%-2.2%-0.0%-3.7%-2.9%
3M Excs Rtn-6.6%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-22.9%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-15.5%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-51.3%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Food and Support Services (FSS) United States12,57711,72110,0316,8097,367
Food and Support Services (FSS) International4,8244,3623,6562,8662,946
Uniform  2,6392,4202,517
Total17,40116,08316,32712,09612,830


Operating Income by Segment
$ Mil20252024202320222021
Food and Support Services (FSS) United States7746504491325
Food and Support Services (FSS) International21911411258-344
Gains, losses and settlements impacting comparability-19    
Severance and other charges-20    
Amortization of acquisition-related intangible assets-107    
Unallocated corporate expenses-141    
Corporate -139-151-119-98
Uniform  218121172
Total706625628191-265


Assets by Segment
$ Mil20252024202320222021
Food and Support Services (FSS) United States9,9039,6529,6408,9068,172
Food and Support Services (FSS) International2,5862,2511,9892,0281,963
Corporate1851,8432262422,418
Discontinued Operations 3,125   
Uniform  3,2273,2013,160
Total12,67416,87115,08214,37615,713


Price Behavior

Price Behavior
Market Price$37.42 
Market Cap ($ Bil)9.8 
First Trading Date12/12/2013 
Distance from 52W High-14.7% 
   50 Days200 Days
DMA Price$37.89$38.18
DMA Trendindeterminatedown
Distance from DMA-1.2%-2.0%
 3M1YR
Volatility21.8%28.7%
Downside Capture46.8970.29
Upside Capture26.1260.29
Correlation (SPY)23.8%56.1%
ARMK Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.160.380.440.700.840.86
Up Beta-0.190.290.480.811.010.87
Down Beta-1.100.730.520.560.850.94
Up Capture10%13%19%42%47%49%
Bmk +ve Days12253873141426
Stock +ve Days10223265128384
Down Capture65%40%59%103%84%95%
Bmk -ve Days7162452107323
Stock -ve Days9182959117359

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of ARMK With Other Asset Classes (Last 1Y)
 ARMKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return0.6%7.5%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility28.5%24.3%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio0.010.240.722.700.340.09-0.08
Correlation With Other Assets 51.6%56.0%5.9%22.0%47.3%26.2%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of ARMK With Other Asset Classes (Last 5Y)
 ARMKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return7.7%9.6%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility28.9%23.8%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio0.290.360.700.970.500.160.57
Correlation With Other Assets 52.4%57.0%7.0%13.2%47.0%25.3%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of ARMK With Other Asset Classes (Last 10Y)
 ARMKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return6.0%13.2%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility36.4%21.9%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.270.550.710.860.320.220.90
Correlation With Other Assets 52.2%53.2%-1.1%20.5%51.5%15.0%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity9,767,883
Short Interest: % Change Since 11302025-4.3%
Average Daily Volume2,007,603
Days-to-Cover Short Interest4.87
Basic Shares Quantity263,098,000
Short % of Basic Shares3.7%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/17/2025-5.2%-0.5%-0.4%
8/5/2025-8.2%-9.0%-9.4%
5/6/202510.1%13.6%18.2%
2/4/2025-2.1%-2.0%-6.5%
11/12/2024-1.7%-3.7%5.7%
8/6/20240.5%5.9%9.5%
5/7/2024-2.8%5.6%1.1%
2/6/2024-0.4%5.4%6.0%
...
SUMMARY STATS   
# Positive111313
# Negative131111
Median Positive4.3%5.6%9.5%
Median Negative-2.1%-2.3%-4.5%
Max Positive12.8%30.3%33.3%
Max Negative-8.2%-11.0%-16.9%

SEC Filings

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Report DateFiling DateFiling
93020251125202510-K 10/3/2025
6302025805202510-Q 6/27/2025
3312025506202510-Q 3/28/2025
12312024204202510-Q 12/27/2024
93020241119202410-K 9/27/2024
6302024806202410-Q 6/28/2024
3312024507202410-Q 3/29/2024
12312023206202410-Q 12/29/2023
93020231121202310-K 9/29/2023
6302023808202310-Q 6/30/2023
3312023509202310-Q 3/31/2023
12312022207202310-Q 12/30/2022
93020221122202210-K 9/30/2022
6302022809202210-Q 7/1/2022
3312022510202210-Q 4/1/2022
12312021208202210-Q 12/31/2021