Tearsheet

Aramark (ARMK)


Market Price (2/20/2026): $40.45 | Market Cap: $10.6 Bil
Sector: Consumer Discretionary | Industry: Distributors

Aramark (ARMK)


Market Price (2/20/2026): $40.45
Market Cap: $10.6 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 30%
Weak multi-year price returns
2Y Excs Rtn is -2.8%, 3Y Excs Rtn is -17%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 58%
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 30%
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 -2.8%, 3Y Excs Rtn is -17%
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 58%
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

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Aramark (ARMK) stock has gained about 10% since 10/31/2025 because of the following key factors:

1. Aramark's strong fiscal first-quarter 2026 performance and reaffirmed optimistic full-year outlook. The company reported better-than-expected adjusted earnings per share of $0.51 and revenue of $4.83 billion, surpassing analyst estimates. Management also reiterated its full-year fiscal 2026 guidance, projecting organic revenue growth of 7-9% and adjusted EPS growth of 20-25%, signaling confidence in future profitability.

2. Significant new business wins and extraordinary client retention. Aramark highlighted "extraordinary client retention" and "significant new business" in its recent earnings, noting it is currently outpacing its target for net new business of 4-5% of prior year revenue. A notable healthcare contract win further strengthens the company's growth trajectory through fiscal 2026 and into fiscal 2027.

Show more

Stock Movement Drivers

Fundamental Drivers

The 7.7% change in ARMK stock from 10/31/2025 to 2/19/2026 was primarily driven by a 23.1% change in the company's P/E Multiple.
(LTM values as of)103120252192026Change
Stock Price ($)37.6440.537.7%
Change Contribution By: 
Total Revenues ($ Mil)17,87518,7865.1%
Net Income Margin (%)2.0%1.7%-16.6%
P/E Multiple27.333.623.1%
Shares Outstanding (Mil)263263-0.2%
Cumulative Contribution7.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/19/2026
ReturnCorrelation
ARMK7.7% 
Market (SPY)0.4%30.9%
Sector (XLY)-3.1%36.6%

Fundamental Drivers

The -3.9% change in ARMK stock from 7/31/2025 to 2/19/2026 was primarily driven by a -14.6% change in the company's Net Income Margin (%).
(LTM values as of)73120252192026Change
Stock Price ($)42.1840.53-3.9%
Change Contribution By: 
Total Revenues ($ Mil)17,62418,7866.6%
Net Income Margin (%)2.0%1.7%-14.6%
P/E Multiple32.133.64.8%
Shares Outstanding (Mil)2652630.6%
Cumulative Contribution-3.9%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/19/2026
ReturnCorrelation
ARMK-3.9% 
Market (SPY)8.6%32.5%
Sector (XLY)5.2%29.7%

Fundamental Drivers

The 5.7% change in ARMK stock from 1/31/2025 to 2/19/2026 was primarily driven by a 11.8% change in the company's Net Income Margin (%).
(LTM values as of)13120252192026Change
Stock Price ($)38.3640.535.7%
Change Contribution By: 
Total Revenues ($ Mil)17,40118,7868.0%
Net Income Margin (%)1.5%1.7%11.8%
P/E Multiple38.633.6-12.7%
Shares Outstanding (Mil)2642630.3%
Cumulative Contribution5.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/19/2026
ReturnCorrelation
ARMK5.7% 
Market (SPY)14.7%55.4%
Sector (XLY)0.8%51.0%

Fundamental Drivers

The 30.7% change in ARMK stock from 1/31/2023 to 2/19/2026 was primarily driven by a 37.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120232192026Change
Stock Price ($)31.0240.5330.7%
Change Contribution By: 
Total Revenues ($ Mil)13,68718,78637.2%
Net Income Margin (%)1.4%1.7%18.7%
P/E Multiple41.233.6-18.3%
Shares Outstanding (Mil)258263-1.9%
Cumulative Contribution30.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/19/2026
ReturnCorrelation
ARMK30.7% 
Market (SPY)74.7%47.3%
Sector (XLY)60.1%42.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ARMK Return-3%14%-5%34%-0%9%54%
Peers Return5%-0%12%47%28%14%150%
S&P 500 Return27%-19%24%23%16%1%83%

Monthly Win Rates [3]
ARMK Win Rate42%50%50%75%33%100% 
Peers Win Rate50%53%56%64%50%67% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ARMK Max Drawdown-17%-20%-19%-1%-18%-1% 
Peers Max Drawdown-15%-20%-14%-9%-21%-3% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ABM, EME, HCSG. 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] 2026 data is for the year up to 2/19/2026 (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 ABM, EME, HCSG

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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AI Analysis | Feedback

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 vs. Aramark (ARMK)

Trade Ideas

Select ideas related to ARMK.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LULU_1302026_Dip_Buyer_FCFYield01302026LULULululemon AthleticaDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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1.1%1.1%-2.8%
KSS_1302026_Short_Squeeze01302026KSSKohl'sSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
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AAP_1022026_Short_Squeeze01022026AAPAdvance Auto PartsSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
51.3%51.3%-0.4%
KTB_12192025_Dip_Buyer_FCFYield12192025KTBKontoor BrandsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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COUR_12192025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG12192025COURCourseraDip 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
-21.8%-21.8%-24.2%
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

Peer Comparisons

Peers to compare with:

Financials

ARMKABMEMEHCSGMedian
NameAramark ABM Indu.EMCOR Healthca. 
Mkt Price40.5345.59803.5520.2243.06
Mkt Cap10.72.836.01.46.7
Rev LTM18,7868,74616,2431,83712,495
Op Inc LTM7923251,52856559
FCF LTM2341551,149139195
FCF 3Y Avg2201711,03367195
CFO LTM7262341,247145480
CFO 3Y Avg6642351,11573450

Growth & Margins

ARMKABMEMEHCSGMedian
NameAramark ABM Indu.EMCOR Healthca. 
Rev Chg LTM7.1%4.6%14.1%7.1%7.1%
Rev Chg 3Y Avg11.4%3.9%14.7%2.9%7.7%
Rev Chg Q6.1%5.4%16.4%6.6%6.4%
QoQ Delta Rev Chg LTM1.5%1.4%3.9%1.6%1.6%
Op Mgn LTM4.2%3.7%9.4%3.0%4.0%
Op Mgn 3Y Avg4.1%3.8%8.2%3.0%4.0%
QoQ Delta Op Mgn LTM-0.1%0.7%-0.1%0.6%0.3%
CFO/Rev LTM3.9%2.7%7.7%7.9%5.8%
CFO/Rev 3Y Avg3.7%2.8%7.8%4.1%3.9%
FCF/Rev LTM1.2%1.8%7.1%7.6%4.4%
FCF/Rev 3Y Avg1.2%2.0%7.2%3.8%2.9%

Valuation

ARMKABMEMEHCSGMedian
NameAramark ABM Indu.EMCOR Healthca. 
Mkt Cap10.72.836.01.46.7
P/S0.60.32.20.80.7
P/EBIT13.48.823.020.517.0
P/E33.617.231.824.128.0
P/CFO14.711.928.99.813.3
Total Yield4.0%8.1%3.3%4.1%4.1%
Dividend Yield1.1%2.3%0.1%0.0%0.6%
FCF Yield 3Y Avg2.3%5.9%5.6%6.1%5.8%
D/E0.60.60.00.00.3
Net D/E0.60.6-0.0-0.10.3

Returns

ARMKABMEMEHCSGMedian
NameAramark ABM Indu.EMCOR Healthca. 
1M Rtn5.2%0.3%16.8%7.4%6.3%
3M Rtn10.3%10.2%37.9%16.7%13.5%
6M Rtn3.5%-3.6%31.7%32.9%17.6%
12M Rtn11.5%-10.9%85.2%89.5%48.3%
3Y Rtn51.9%-0.5%435.9%41.1%46.5%
1M Excs Rtn4.3%-0.6%15.9%6.4%5.3%
3M Excs Rtn10.3%11.0%28.7%16.0%13.5%
6M Excs Rtn-3.7%-11.6%25.5%24.4%10.3%
12M Excs Rtn-1.7%-23.0%73.6%78.8%35.9%
3Y Excs Rtn-16.7%-65.9%384.3%-9.1%-12.9%

Comparison Analyses

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$40.53 
Market Cap ($ Bil)10.7 
First Trading Date12/12/2013 
Distance from 52W High-7.4% 
   50 Days200 Days
DMA Price$38.38$39.07
DMA Trendupup
Distance from DMA5.6%3.7%
 3M1YR
Volatility26.7%30.1%
Downside Capture22.0765.63
Upside Capture70.9568.58
Correlation (SPY)34.8%56.3%
ARMK Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta1.301.020.570.730.860.86
Up Beta2.881.970.310.911.030.86
Down Beta1.380.980.450.600.860.95
Up Capture116%97%71%43%51%48%
Bmk +ve Days11223471142430
Stock +ve Days8182858125379
Down Capture44%72%69%101%83%95%
Bmk -ve Days9192754109321
Stock -ve Days11223265123365

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARMK
ARMK10.3%30.1%0.33-
Sector ETF (XLY)3.4%24.2%0.0851.9%
Equity (SPY)13.0%19.4%0.5156.2%
Gold (GLD)71.2%25.5%2.087.4%
Commodities (DBC)7.3%16.9%0.2524.8%
Real Estate (VNQ)6.4%16.7%0.2046.6%
Bitcoin (BTCUSD)-30.2%44.9%-0.6620.7%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARMK
ARMK10.8%29.0%0.38-
Sector ETF (XLY)7.3%23.7%0.2752.3%
Equity (SPY)13.4%17.0%0.6256.6%
Gold (GLD)22.0%17.1%1.057.3%
Commodities (DBC)11.0%19.0%0.4713.3%
Real Estate (VNQ)4.8%18.8%0.1646.8%
Bitcoin (BTCUSD)6.9%57.1%0.3423.5%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARMK
ARMK7.3%36.5%0.30-
Sector ETF (XLY)14.2%21.9%0.5952.0%
Equity (SPY)15.8%17.9%0.7653.1%
Gold (GLD)15.0%15.6%0.80-0.4%
Commodities (DBC)8.7%17.6%0.4120.5%
Real Estate (VNQ)6.8%20.7%0.2951.3%
Bitcoin (BTCUSD)67.7%66.7%1.0714.5%

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Short Interest

Short Interest: As Of Date1302026
Short Interest: Shares Quantity8.0 Mil
Short Interest: % Change Since 1152026-0.9%
Average Daily Volume2.7 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity263.1 Mil
Short % of Basic Shares3.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/10/20265.6%1.5% 
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%5.6%
8/6/20240.5%5.9%9.5%
5/7/2024-2.8%5.6%1.1%
...
SUMMARY STATS   
# Positive121413
# Negative131111
Median Positive4.4%5.5%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
12/31/202502/10/202610-Q
09/30/202511/25/202510-K
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/04/202510-Q
09/30/202411/19/202410-K
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/06/202410-Q
09/30/202311/21/202310-K
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202202/07/202310-Q
09/30/202211/22/202210-K
06/30/202208/09/202210-Q
03/31/202205/10/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Zillmer, John JChief Executive OfficerDirectBuy807202539.076,387249,56932,503,245Form