Vestis (VSTS)


Market Price (8/24/2026): $12.69 | Market Cap: $1.7 BilSector: Industrials | Industry: Diversified Support Services

Vestis (VSTS)


Market Price (8/24/2026): $12.69
Market Cap: $1.7 Bil
Sector: Industrials
Industry: Diversified Support Services

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

0

Attractive yield
FCF Yield is 8.1%

Megatrend and thematic drivers
Megatrends include Sustainable Consumption, Sustainable Resource Management, and Automation & Robotics. Themes include Circular Fashion, Show more.

Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -99%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 76%

Stock price has recently run up significantly
12M Rtn12 month market price return is 165%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.1%, Rev Chg QQuarterly Revenue Change % is -1.8%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 62%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.7%

Key risks
VSTS key risks include [1] persistent customer churn and operational underperformance leading to declining revenue, Show more.

0 Attractive yield
FCF Yield is 8.1%
1 Megatrend and thematic drivers
Megatrends include Sustainable Consumption, Sustainable Resource Management, and Automation & Robotics. Themes include Circular Fashion, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -99%
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 76%
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 165%
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.1%, Rev Chg QQuarterly Revenue Change % is -1.8%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 62%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.7%
8 Key risks
VSTS key risks include [1] persistent customer churn and operational underperformance leading to declining revenue, Show more.

VSTS in ETFs

Weight = VSTS's share of each fund

VTI0.00%
ITOT0.00%
IWM0.04%
IJR0.08%
VB0.01%
FNDA0.20%
VIOV0.18%
IJS0.16%
+9 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 8/20/2026

Vestis (VSTS) stock has gained about 30% since 4/30/2026 because of the following key factors:

1. Vestis reported significant earnings beats and a return to net profitability in its fiscal Q2 2026 and fiscal Q3 2026.

Vestis Corporation's fiscal year runs from October 4 to October 3. The company reported adjusted earnings per share (EPS) of $0.02 for fiscal Q2 2026 (ended April 3, 2026), a turnaround from a loss of $0.21 in the prior year's second quarter. For fiscal Q3 2026 (ended July 3, 2026), Vestis announced an adjusted EPS of $0.18, significantly surpassing the consensus estimate of $0.10 by 80%. This quarter also marked a return to net profitability, with net income reaching $11.0 million, compared to a net loss of $0.7 million in the same period last year.

2. The company increased its full-year fiscal 2026 financial outlook, signaling improved future performance.

Management raised the full-year fiscal 2026 free cash flow guidance to a range of $160 million to $170 million, representing a $30 million increase at the midpoint from the previous guidance of $120 million to $150 million. Additionally, the adjusted EBITDA midpoint for fiscal 2026 was increased to $312.5 million. This upward revision in key financial metrics suggested a more optimistic outlook for the company's operational efficiency and cash generation capabilities.

Show more
Updated on 8/20/2026

Vestis (VSTS) stock has gained about 30% since 4/30/2026 because of the following key factors:

1. Vestis reported significant earnings beats and a return to net profitability in its fiscal Q2 2026 and fiscal Q3 2026.

Vestis Corporation's fiscal year runs from October 4 to October 3. The company reported adjusted earnings per share (EPS) of $0.02 for fiscal Q2 2026 (ended April 3, 2026), a turnaround from a loss of $0.21 in the prior year's second quarter. For fiscal Q3 2026 (ended July 3, 2026), Vestis announced an adjusted EPS of $0.18, significantly surpassing the consensus estimate of $0.10 by 80%. This quarter also marked a return to net profitability, with net income reaching $11.0 million, compared to a net loss of $0.7 million in the same period last year.

2. The company increased its full-year fiscal 2026 financial outlook, signaling improved future performance.

Management raised the full-year fiscal 2026 free cash flow guidance to a range of $160 million to $170 million, representing a $30 million increase at the midpoint from the previous guidance of $120 million to $150 million. Additionally, the adjusted EBITDA midpoint for fiscal 2026 was increased to $312.5 million. This upward revision in key financial metrics suggested a more optimistic outlook for the company's operational efficiency and cash generation capabilities.

3. Progress in Vestis' strategic transformation plan led to tangible operational improvements.

Vestis demonstrated progress in its strategic transformation efforts during fiscal Q3 2026. The company reported a 9% increase in plant productivity and an 80 basis point improvement in on-time delivery. Furthermore, Revenue Per Pound increased by 3% year over year, marking the first time this metric has grown since the company became public. These operational advancements, coupled with approximately $30 million in benefits realized from the transformation plan by fiscal Q3 2026, contributed to a 23% increase in adjusted EBITDA on a covenant-adjusted basis.

4. Positive analyst price target revisions indicated growing confidence in Vestis' stock.

Following the favorable earnings reports and improved outlook, several analysts raised their price targets for Vestis. Robert W. Baird, for instance, increased its price target to $16 from $15 in August 2026, while maintaining a "neutral" rating. Earlier in May 2026, Barclays boosted its target price from $6.00 to $9.00. These upward adjustments in price targets reflected a positive shift in analyst sentiment regarding Vestis' valuation and growth prospects.

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Stock Movement Drivers

Fundamental Drivers

The 30.6% change in VSTS stock from 4/30/2026 to 8/23/2026 was primarily driven by a 31.6% change in the company's P/S Multiple.
(LTM values as of)43020268232026Change
Stock Price ($)9.7212.6930.6%
Change Contribution By: 
Total Revenues ($ Mil)2,7142,696-0.7%
P/S Multiple0.50.631.6%
Shares Outstanding (Mil)132132-0.2%
Cumulative Contribution30.6%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/23/2026
ReturnCorrelation
VSTS30.6% 
Market (SPY)6.5%2.4%
Sector (XLI)3.2%2.0%

Fundamental Drivers

The 94.3% change in VSTS stock from 1/31/2026 to 8/23/2026 was primarily driven by a 97.5% change in the company's P/S Multiple.
(LTM values as of)13120268232026Change
Stock Price ($)6.5312.6994.3%
Change Contribution By: 
Total Revenues ($ Mil)2,7352,696-1.4%
P/S Multiple0.30.697.5%
Shares Outstanding (Mil)132132-0.2%
Cumulative Contribution94.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/23/2026
ReturnCorrelation
VSTS94.3% 
Market (SPY)11.0%17.1%
Sector (XLI)9.3%11.4%

Fundamental Drivers

The 109.4% change in VSTS stock from 7/31/2025 to 8/23/2026 was primarily driven by a 112.7% change in the company's P/S Multiple.
(LTM values as of)73120258232026Change
Stock Price ($)6.0612.69109.4%
Change Contribution By: 
Total Revenues ($ Mil)2,7322,696-1.3%
P/S Multiple0.30.6112.7%
Shares Outstanding (Mil)132132-0.3%
Cumulative Contribution109.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/23/2026
ReturnCorrelation
VSTS109.4% 
Market (SPY)22.2%19.0%
Sector (XLI)19.8%18.5%

Fundamental Drivers

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Market Drivers

7/31/2023 to 8/23/2026
ReturnCorrelation
VSTS  
Market (SPY)73.2%28.8%
Sector (XLI)70.0%30.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VSTS Return--25%-27%-56%92%-24%
Peers Return-0%-2%3%16%13%31%73%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
VSTS Win Rate--67%50%33%50% 
Peers Win Rate53%52%55%60%50%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
VSTS Max Drawdown----58%-75%-22% 
Peers Max Drawdown-27%-28%-25%-17%-25%-16% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CTAS, UNF, ARMK, ABM, HCSG.
[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 8/21/2026 (YTD)

How Low Can It Go

EventVSTSS&P 500
2025 US Tariff Shock
  % Loss-60.1%-18.8%
  % Gain to Breakeven150.7%23.1%
  Time to Breakeven414 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-15.9%-9.5%
  % Gain to Breakeven19.0%10.5%
  Time to Breakeven19 days24 days

Compare to CTAS, UNF, ARMK, ABM, HCSG

In The Past

Vestis's stock fell -60.1% during the 2025 US Tariff Shock. Such a loss loss requires a 150.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventVSTSS&P 500
2025 US Tariff Shock
  % Loss-60.1%-18.8%
  % Gain to Breakeven150.7%23.1%
  Time to Breakeven414 days79 days

Compare to CTAS, UNF, ARMK, ABM, HCSG

In The Past

Vestis's stock fell -60.1% during the 2025 US Tariff Shock. Such a loss loss requires a 150.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Vestis (VSTS)

Vestis Corporation (VSTS) is a business services company primarily engaged in providing customized uniform rental and purchase programs. The company helps businesses across various sectors manage their professional attire needs, offering solutions that range from standard uniforms to specialized protective wear, all designed to ensure operational efficiency and compliance.

Beyond its core uniform services, Vestis offers a comprehensive suite of facility service products. These include essential items such as floor mats, towel service, restroom supplies, equipment, and mops. The company also provides specialized products like first aid supplies and uniforms designed for specific environments, including flame-resistant, cleanroom, and healthcare apparel. Vestis operates geographically across the United States, Canada, Puerto Rico, and Japan.

Vestis serves a broad and diverse client base, focusing on industries with significant uniform and facility supply requirements. Its primary customers come from sectors such as food service, food processing, automotive, and general manufacturing. Additionally, the company caters to the distinct needs of healthcare facilities and cleanroom environments, delivering tailored solutions that support their unique operational standards and safety protocols.

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Cintas, but for a broader range of industries and specialized uniform and facility service needs.

Sysco, but for uniforms and essential facility supplies instead of food products.

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  • Customized Uniform Rental and Purchase Programs: Services offering businesses tailored solutions for uniform acquisition and maintenance.
  • Uniforms: General apparel provided for various industries.
  • Floor Mats: Rental and supply of industrial floor mats for facility safety and cleanliness.
  • Towel Service: Commercial provision of clean towels for various business needs.
  • Restroom Supplies: Distribution of essential products for commercial restroom maintenance.
  • Equipment: Provision of various industrial equipment, likely for facility operations.
  • Mops: Supply of commercial-grade mops for cleaning and facility maintenance.
  • First Aid Supplies: Provision of first aid kits and supplies for workplace safety.
  • Flame Resistant Apparel: Specialized uniforms designed to protect against flames.
  • Cleanroom Supplies: Products and apparel specifically designed for controlled cleanroom environments.
  • Healthcare Supplies: Dedicated products and apparel tailored for the healthcare industry.

AI Analysis | Feedback

Vestis Corporation (VSTS) primarily operates on a Business-to-Business (B2B) model, providing customized uniform rental and purchase programs, along with facility services, to other companies.

Due to the diversified nature of its customer base, Vestis does not disclose specific "major customers" by name that individually account for a significant portion of its revenue. Public filings indicate that no single customer accounted for 10% or more of its consolidated net revenues in recent fiscal years.

Instead, Vestis serves a broad range of businesses across various industries. These customer categories include:

  • Food Service: Businesses such as restaurants, catering companies, and cafeterias.
  • Food Processing: Companies involved in the manufacturing, preparation, and packaging of food products.
  • Automotive: Entities like dealerships, repair shops, and manufacturing facilities within the automotive sector.
  • Manufacturing: A wide array of industrial and production companies that require uniforms and facility supplies.
  • Healthcare: Institutions such as hospitals, clinics, and nursing homes.
  • Cleanroom: Specialized industries like pharmaceuticals, biotechnology, and electronics manufacturing that demand stringent contamination control.

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Jim Barber President, Chief Executive Officer

Jim Barber joined Vestis in June 2025 and also serves as a member of the Board of Directors. He previously had a distinguished 35-year career at UPS, where he most recently served as Chief Operating Officer. In this role, he was responsible for overseeing a complex, global route-based delivery network. His career at UPS began as a delivery driver, and he held various leadership positions, including President of UPS International and President of UPS Europe. Mr. Barber has also served on the boards of multiple public companies.

Adam K. Bowen Interim Chief Financial Officer

Adam K. Bowen is the Interim Chief Financial Officer of Vestis. He joined Vestis in February 2025 as Vice President of Financial Planning & Analysis and was appointed Interim Chief Financial Officer in December 2025. Prior to joining Vestis, Mr. Bowen served as Chief Accounting Officer of Sonder Holdings, Inc. and previously as Chief Accounting Officer of BlueLinx Holdings Inc., where he also held senior finance leadership roles in controllership, internal audit, and enterprise risk management. Earlier in his career, he held internal audit positions with Abbott Laboratories and its acquired subsidiary Alere, Inc., as well as roles at KPMG LLP and Southern Company. He brings over 20 years of strategic finance experience to his role.

Bill Seward Executive Vice President, Chief Operating Officer

Bill Seward joined Vestis in September 2024 as Executive Vice President and Chief Operating Officer. Before Vestis, he was the President of UPS Supply Chain Solutions, where he was responsible for multiple business units including global logistics, freight forwarding, warehousing, and distribution. Prior to returning to UPS in 2019, Mr. Seward served as Executive Vice President and Chief Commercial Officer for Stericycle, Inc.

Butch Bouchard EVP, Chief Legal Officer, General Counsel & Corporate Secretary

Butch Bouchard joined Vestis in February 2025 to serve as Executive Vice President, Chief Legal Officer, General Counsel & Corporate Secretary. He possesses over 30 years of experience in legal and operational leadership roles, including 17 years as a public company General Counsel. From January 2008 to January 2025, Mr. Bouchard served as Chief Legal Officer and General Counsel, and in various compliance and risk management roles for Team, Inc. (NYSE: TISI).

Wendy Zacchio Senior Vice President, Chief Information Officer and Chief Digital Officer

Wendy Zacchio joined Vestis in October 2025 as Senior Vice President, Chief Information Officer and Chief Digital Officer. Previously, Ms. Zacchio served as Enterprise Chief Information Officer at Zelis, where she was responsible for enterprise platforms, cybersecurity, and global technology. Before that, she was Chief Information Officer of International Markets at Cigna, overseeing technology and teams across more than 30 countries.

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The key risks to Vestis Corporation (VSTS) primarily revolve around its financial leverage, coupled with struggles in revenue growth and customer retention, and the inherent challenges in executing its strategic transformation.

  1. High Leverage and Financial Strain: Vestis Corporation faces significant financial risk due to its high net-debt-to-EBITDA ratio, which has been reported as high as 6 times, contributing to rising financial strain and limiting its financial flexibility. This elevated debt level could lead to increased borrowing costs and make it challenging to meet other obligations. Furthermore, the company's reliance on a revolving accounts receivable securitization facility means that a deterioration in customer credit quality or increased delinquencies could jeopardize this financing, potentially forcing Vestis to seek alternative funding at less favorable terms. There are also risks associated with restrictive debt covenants, which if violated, could result in early repayment demands or termination of financing.
  2. Weak Revenue Growth, Declining Earnings, and Customer Attrition: Vestis has experienced weak long-term revenue growth, with annual growth rates around 1.8% and even recent declines in revenue. Compounding this, the company's earnings have been declining, turning negative over the past three years, and it has missed analyst forecasts for both earnings per share and revenue. A major concern is the company's difficulty in retaining existing customers, renewing contracts on comparable terms, and acquiring new business. Reports indicate "lost business in excess of new business" and "lower adds over stops" with existing customers, highlighting significant customer attrition. This persistent struggle with customer retention and revenue generation directly impacts profitability and amplifies financial risks.
  3. Operational and Execution Risks, including Restructuring: The company is undertaking a multi-year restructuring plan aimed at achieving cost savings, but there are inherent execution risks that could impede its success. Operational challenges, such as supply chain disruptions, volatile fuel and energy costs, and increasing labor expenses, can negatively impact operating margins. Additionally, Vestis operates in a competitive industry, which could further affect its business and market share. Unfavorable macroeconomic conditions, including inflationary pressures and higher interest rates, also pose ongoing risks by potentially reducing demand for Vestis's services and increasing its operational costs.

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Vestis Corporation (VSTS) operates in several addressable markets across North America and Japan, primarily offering uniform rental programs and a range of workplace supplies.

Uniform Rental and Cleaning Services

  • The global uniform rental market was valued at $19.2 billion in 2023 and is projected to grow to $25.3 billion by 2031. Another estimate places the global uniform rental market size at $22.7 billion in 2024, with a projection to reach $38.7 billion by 2033.
  • In the United States, the uniform rental market size was $8.7 billion in 2023.
  • For Canada, the Industrial Laundry & Linen Supply industry, which includes uniform rental and cleaning, is estimated at $1.9 billion in 2026.
  • In Japan, the uniform rental service market size was 92,500 million yen (approximately $620 million USD) in fiscal year 2023, with a forecast to increase to 94,000 million yen (approximately $630 million USD) for fiscal year 2024.

Floor Mats

  • The North American entrance floor mat market held the largest revenue share of 30.79% in 2025 within the global market. The North America carpet floor mats market size was $3580.60 million in 2024.
  • Specifically in the United States, the carpet floor mat market size was $2825.09 million in 2024. The U.S. also accounts for a significant share (19.6%) of the industrial floor mats market.

Towel Service

  • The global towel market was valued at $17 billion in 2024 and is estimated to reach $28.7 billion by 2034.
  • In the United States, the towel market generated $2.5 billion in 2024.
  • The North America towel market size was estimated at $13.5 billion in 2025 and is projected to reach $18.7 billion by 2032.

Restroom Supplies

  • The United States Commercial Bathroom Products Market was valued at $358.08 million in 2023 and is projected to reach $449.45 million by 2032. Another report estimates the market size at $357.69 million in 2024, expecting to reach $369.90 million in 2025 and $435.09 million by 2030.
  • The global washroom accessories market size was valued at $3.5 billion in 2024 and is projected to grow to $5.8 billion by 2034.

First Aid and Safety Products

  • The global first aid market size was valued at $4.77 billion in 2024 and is projected to reach $6.18 billion by 2030.
  • The U.S. first aid market generated a revenue of $1,786.0 million in 2023 and is expected to reach $2,426.2 million by 2030.
  • The North American first aid market held the largest share of 47.0% in 2024.

Cleanroom Services

  • The U.S. and Europe cleanrooms market size was estimated at $6.37 billion in 2022 and expected to reach $6.54 billion in 2023.
  • The U.S. cleanroom technology market generated a revenue of $2,028.9 million in 2024 and is expected to reach $2,717.7 million by 2030.
  • The North America cleanroom technology market size was valued at $116.27 million in 2024 and is expected to reach $178.44 million by 2032.

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Vestis Corporation (VSTS) is undertaking a strategic business transformation to drive future revenue growth over the next 2-3 years, with a focus on operational efficiencies and commercial improvements. While recent revenue has seen some declines, the company's efforts are centered on stabilizing and growing its top line through several key initiatives: * Operational Excellence and Productivity Gains: Vestis is emphasizing operational improvements, including enhanced plant productivity, measured by pounds processed per operating hour. In the first quarter of fiscal year 2026, plant productivity improved by 7% year-over-year. This focus on operational excellence also contributes to improved service quality, with a 300 basis point improvement in on-time delivery and a 12% reduction in customer complaints year-over-year. These efficiencies are expected to unlock operating leverage and enhance the overall customer experience, which can support revenue growth through better retention and new business acquisition. * Commercial Excellence and Optimized Product Mix: The company is rolling out new tools for customer segmentation and product profitability, as well as introducing market development representatives to enhance customer engagement and improve its product mix. This strategic shift aims to address the negative impact of previous product mix shifts towards lower-margin workplace supplies on revenue per pound. By focusing on "value based pricing" and improving the product mix, Vestis seeks to enhance its revenue quality and profitability. * Improved Customer Retention: Vestis has reported a decline in average weekly lost business, with a 15% sequential decrease in the first quarter of fiscal year 2026 compared to the fourth quarter of fiscal year 2025. Enhanced customer retention directly contributes to the stability and potential growth of rental revenue by reducing churn and maintaining existing client relationships.

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Here is a summary of Vestis's capital allocation decisions over the last 3-5 years:

Share Repurchases

  • Vestis Corporation has made no share repurchases.
  • Share repurchases are currently restricted, along with dividends, until at least the first fiscal quarter of 2027, or until the company achieves a net leverage ratio below 4.50x for two consecutive quarters prior to 2027.

Share Issuance

  • On September 30, 2023, Vestis Corporation completed its spin-off from Aramark, resulting in the issuance of Vestis common stock to Aramark shareholders.
  • Holders of Aramark common stock received one share of Vestis common stock for every two shares of Aramark common stock they held on the record date, September 20, 2023.

Outbound Investments

  • In Q1 Fiscal 2025, Vestis made $20 million in voluntary principal payments towards debt reduction, utilizing proceeds from the sale of its Japan joint venture.

Capital Expenditures

  • Vestis invested $15.4 million in property and equipment during the fiscal fourth quarter of 2025, primarily for market center facility improvements.
  • Capital expenditures totaled $9.4 million in Q2 2026, focused on funding long-term assets and infrastructure, which was a 38.9% decrease from the prior quarter.
  • The company's multi-year strategic transformational restructuring plan, expected to be substantially complete by the end of 2027, includes targeted capital investments as part of its "Asset & Network Optimization" priority.

Better Bets vs. Vestis (VSTS)

Peer Outperformance in Diversified Support Services

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Share of Diversified Support Services constituents that VSTS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
97%
of 38 industry peers · 165.5% return
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Industrials sector, ranked by 5Y. Diversified Support Services is VSTS's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 25.2%124.7%202.2% CDNL 3246% · STRL 2190% · FIX 2132%
Marine Transportation 4 57.9%61.9%150.7% MATX 212% · KEX 154% · SFL 148%
Construction Machinery & Heavy Transportation Equipment 13 12.3%66.8%120.6% CAT 324% · ALSN 285% · WAB 252%
Aerospace & Defense 55 11.1%70.2%79.6% DFNS 2047% · ATI 1042% · FTAI 968%
Passenger Ground Transportation 3 -5.7%65.1%69.3% UBER 96% · CAR 69% · LYFT -63%
Industrial Machinery & Supplies & Components 71 11.5%56.0%56.3% CRS 1440% · PSIX 846% · GHM 735%
Rail Transportation 7 38.3%76.2%50.1% FSTR 115% · CSX 65% · UNP 56%
Cargo Ground Transportation 16 35.7%16.1%45.4% XPO 270% · R 264% · CVLG 222%
Diversified Support Services ← 34 8.9%37.5%34.9% LIME 4674% · TH 369% · WLFC 347%
Trading Companies & Distributors 18 2.2%36.4%32.1% DXPE 523% · AIT 303% · URI 232%
Building Products 33 -8.8%15.9%28.8% LMB 436% · GFF 413% · PPIH 289%
Electrical Components & Equipment 41 26.1%44.8%28.3% POWL 2374% · VRT 856% · BE 849%
Industrial Conglomerates 17 15.8%26.3%4.9% RCMT 727% · CSW 153% · TTI 145%
Office Services & Supplies 10 14.0%25.0%3.8% TILE 188% · PBI 159% · EBF 56%
Environmental & Facilities Services 28 -8.3%20.9%0.8% CECO 863% · ADUR 661% · GEO 324%
Research & Consulting Services 13 -7.2%-18.4%-1.6% HURN 220% · CRAI 97% · GRNQ 31%
Agricultural & Farm Machinery 17 -1.2%-3.9%-14.4% BLBD 200% · DE 88% · GENC 65%
Data Processing & Outsourced Services 6 -30.4%-9.5%-24.5% EXLS 59% · BR 16% · G -23%
Passenger Airlines 11 5.9%-4.6%-29.3% LTM 2324% · UAL 140% · SKYW 130%
Human Resource & Employment Services 20 4.5%-19.4%-36.1% BBSI 89% · ADP 51% · KFY 36%
Air Freight & Logistics 12 -16.2%-24.2%-39.1% CHRW 78% · FDX 67% · EXPD 62%
Security & Alarm Services 10 -36.2%-14.3%-43.4% CIX 107% · MG 93% · BCO 52%
Airport Services 3 -69.1%-69.0%-58.3% JOBY -31% · ASLE -58% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

VSTSCTASUNFARMKABMHCSGMedian
NameVestis Cintas UniFirst Aramark ABM Indu.Healthca. 
Mkt Price12.69203.79290.2559.7746.8122.7753.29
Mkt Cap1.781.65.215.82.81.64.0
Rev LTM2,69611,2652,49319,8459,0531,8655,875
Op Inc LTM982,622144871334137239
FCF LTM1361,88188433334149241
FCF 3Y Avg2021,76611231121892210
CFO LTM1922,276240911436154338
CFO 3Y Avg2702,17026877029398281

Growth & Margins

VSTSCTASUNFARMKABMHCSGMedian
NameVestis Cintas UniFirst Aramark ABM Indu.Healthca. 
Rev Chg LTM-0.4%8.9%1.4%11.0%6.5%5.2%5.9%
Rev Chg 3Y Avg-1.1%8.5%4.6%13.7%4.4%3.7%4.5%
Rev Chg Q-1.8%8.9%3.9%9.3%8.4%2.7%6.2%
QoQ Delta Rev Chg LTM-0.4%2.2%1.0%2.2%2.0%0.7%1.5%
Op Inc Chg LTM28.3%11.1%-23.8%9.8%54.0%940.6%19.7%
Op Inc Chg 3Y Avg-11.0%13.3%5.6%33.6%9.6%285.7%11.5%
Op Mgn LTM3.6%23.3%5.8%4.4%3.7%7.4%5.1%
Op Mgn 3Y Avg4.3%22.5%6.8%4.3%3.7%3.5%4.3%
QoQ Delta Op Mgn LTM0.5%0.3%-1.1%0.1%0.0%3.8%0.2%
CFO/Rev LTM7.1%20.2%9.6%4.6%4.8%8.3%7.7%
CFO/Rev 3Y Avg9.8%20.9%11.0%4.2%3.4%5.4%7.6%
FCF/Rev LTM5.1%16.7%3.5%2.2%3.7%8.0%4.4%
FCF/Rev 3Y Avg7.4%17.0%4.6%1.7%2.5%5.1%4.8%

Valuation

VSTSCTASUNFARMKABMHCSGMedian
NameVestis Cintas UniFirst Aramark ABM Indu.Healthca. 
Mkt Cap1.781.65.215.82.81.64.0
P/S0.67.22.10.80.30.80.8
P/Op Inc17.131.136.518.18.311.417.6
P/EBIT19.731.236.518.08.710.218.9
P/E-316.440.845.341.117.412.729.1
P/CFO8.735.821.917.36.310.113.7
Total Yield-0.3%3.3%2.7%3.2%8.2%7.9%3.3%
Dividend Yield0.0%0.9%0.5%0.8%2.4%0.0%0.6%
FCF Yield 3Y Avg18.2%2.4%3.1%2.6%7.6%7.2%5.1%
D/E0.80.00.00.40.70.00.2
Net D/E0.80.0-0.00.40.7-0.10.2

Returns

VSTSCTASUNFARMKABMHCSGMedian
NameVestis Cintas UniFirst Aramark ABM Indu.Healthca. 
1M Rtn-18.5%-0.8%-1.4%4.7%-1.9%0.1%-1.1%
3M Rtn8.1%18.2%9.5%16.8%17.2%11.5%14.1%
6M Rtn59.0%2.4%22.3%46.7%4.2%10.3%16.3%
12M Rtn165.5%-4.5%63.1%50.8%-3.2%44.3%47.6%
3Y Rtn-24.4%71.5%70.9%129.7%9.8%95.1%71.2%
1M Excs Rtn-22.2%-3.1%-3.4%1.5%-4.7%-2.1%-3.2%
3M Excs Rtn6.2%15.5%6.7%12.9%14.4%9.6%11.3%
6M Excs Rtn48.0%-8.6%11.3%35.6%-6.8%-0.7%5.3%
12M Excs Rtn142.2%-25.0%48.1%30.8%-20.2%29.5%30.2%
3Y Excs Rtn-98.6%-3.5%0.1%56.6%-63.9%8.2%-1.7%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment2,7352,8062,8252,687 
Uniforms    1,177
Workplace Supplies    1,280
Total2,7352,8062,8252,6872,457


Price Behavior

Price Behavior
Market Price$12.69 
Market Cap ($ Bil)1.7 
First Trading Date10/02/2023 
Distance from 52W High-23.1% 
   50 Days200 Days
DMA Price$14.09$9.62
DMA Trendupup
Distance from DMA-10.0%31.9%
 3M1YR
Volatility37.8%58.5%
Downside Capture-23.799.70
Upside Capture15.17121.43
Correlation (SPY)5.0%19.3%
VSTS Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta-0.400.060.150.820.93-0.10
Up Beta-1.880.200.170.971.000.36
Down Beta0.961.472.382.481.47-0.15
Up Capture-40%-12%41%121%132%39%
Bmk +ve Days11223567138427
Stock +ve Days11243572138361
Down Capture-37%-95%-202%-81%32%98%
Bmk -ve Days11212859114326
Stock -ve Days11192854109338

[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 VSTS
VSTS163.2%58.5%1.86-
Sector ETF (XLI)20.5%17.1%0.9217.9%
Equity (SPY)21.1%12.9%1.2219.1%
Gold (GLD)37.5%28.8%1.10-0.5%
Commodities (DBC)43.2%20.2%1.66-9.1%
Real Estate (VNQ)12.9%13.8%0.6429.6%
Bitcoin (BTCUSD)-31.6%44.1%-0.731.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VSTS
VSTS-4.6%62.5%0.15-
Sector ETF (XLI)13.1%17.6%0.5730.1%
Equity (SPY)12.9%17.2%0.5728.7%
Gold (GLD)20.6%18.6%0.903.3%
Commodities (DBC)10.4%19.6%0.413.5%
Real Estate (VNQ)2.3%18.9%0.0226.9%
Bitcoin (BTCUSD)10.4%52.8%0.3810.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VSTS
VSTS-2.3%62.5%0.15-
Sector ETF (XLI)13.8%20.0%0.6030.1%
Equity (SPY)15.2%17.9%0.7228.7%
Gold (GLD)12.7%16.2%0.643.3%
Commodities (DBC)8.0%18.0%0.363.5%
Real Estate (VNQ)5.0%20.7%0.2026.9%
Bitcoin (BTCUSD)63.1%66.1%1.0310.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity7.1 Mil
Short Interest: % Change Since 7152026-2.2%
Average Daily Volume1.3 Mil
Days-to-Cover Short Interest5.5 days
Basic Shares Quantity132.1 Mil
Short % of Basic Shares5.4%

Earnings Returns History

Updated 8/20/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/11/20260.1%-3.3% 
5/12/202629.0%30.9%40.0%
2/10/202616.1%3.1%2.5%
12/1/2025-7.3%10.1%-2.1%
8/5/2025-5.8%-27.2%-24.7%
5/6/2025-37.5%-26.3%-29.0%
1/31/2025-11.7%-13.2%-26.6%
11/21/202417.4%21.6%23.4%
...
SUMMARY STATS   
# Positive665
# Negative666
Median Positive12.1%9.9%23.4%
Median Negative-12.3%-20.6%-25.7%
Max Positive29.0%30.9%40.0%
Max Negative-45.0%-42.8%-33.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/11/20260.1%-3.3% 
5/12/202629.0%30.9%40.0%
2/10/202616.1%3.1%2.5%
12/1/2025-7.3%10.1%-2.1%
8/5/2025-5.8%-27.2%-24.7%
5/6/2025-37.5%-26.3%-29.0%
1/31/2025-11.7%-13.2%-26.6%
11/21/202417.4%21.6%23.4%
8/7/20241.7%5.8%22.3%
5/2/2024-45.0%-42.8%-33.3%
2/7/2024-12.9%-15.0%-14.7%
11/29/20238.1%9.7%26.3%
SUMMARY STATS   
# Positive665
# Negative666
Median Positive12.1%9.9%23.4%
Median Negative-12.3%-20.6%-25.7%
Max Positive29.0%30.9%40.0%
Max Negative-45.0%-42.8%-33.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/11/202610-Q
03/31/202605/12/202610-Q
12/31/202502/10/202610-Q
09/30/202512/02/202510-K
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202402/05/202510-Q
09/30/202411/22/202410-K
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/09/202410-Q
09/30/202312/21/202310-K
06/30/202309/06/202310-12B/A
03/31/202307/28/2023DRS/A
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/11/202610-Q
03/31/202605/12/202610-Q
12/31/202502/10/202610-Q
09/30/202512/02/202510-K
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202402/05/202510-Q
09/30/202411/22/202410-K
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/09/202410-Q
09/30/202312/21/202310-K
06/30/202309/06/202310-12B/A
03/31/202307/28/2023DRS/A

Recent Forward Guidance

Updated 8/12/2026

Latest: Q3 2026 Earnings Reported 8/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Adjusted EBITDA84.00 Mil86.50 Mil89.00 Mil   
2026 Revenue Growth-2.0%-1.0%0.0% 0AffirmedGuidance: -1.0% for 2026
2026 Adjusted EBITDA310.00 Mil312.50 Mil315.00 Mil0.8% RaisedGuidance: 310.00 Mil for 2026
2026 Free Cash Flow160.00 Mil165.00 Mil170.00 Mil22.2% RaisedGuidance: 135.00 Mil for 2026

Prior: Q2 2026 Earnings Reported 5/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Adjusted EBITDA Sequential Improvement 0.05  0.0%AffirmedGuidance: 0.05 for 2026
Q4 2026 Adjusted EBITDA Sequential Improvement0.050.070.1 2.5%RaisedGuidance: 0.05 for 2026
2026 Revenue Growth-2.0%-1.0%  0.0%AffirmedGuidance: -1.0% for 2026
2026 Adjusted EBITDA295.00 Mil310.00 Mil325.00 Mil3.3% RaisedGuidance: 300.00 Mil for 2026
2026 Free Cash Flow120.00 Mil135.00 Mil150.00 Mil145.5% RaisedGuidance: 55.00 Mil for 2026

Q1 2026 Earnings Reported 2/10/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth-2.0%-1.0%  0.0%AffirmedGuidance: -1.0% for 2026
2026 Adjusted EBITDA285.00 Mil300.00 Mil 0.0% AffirmedGuidance: 300.00 Mil for 2026
2026 Free Cash Flow50.00 Mil55.00 Mil 0.0% AffirmedGuidance: 55.00 Mil for 2026
2026 Adjusted EBITDA Growth 5.0%    

Insider Activity

Updated 7/2/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Pertz, Douglas ADirectBuy122220256.9015,000103,4552,220,905Form
2Pertz, Douglas ADirectBuy122220256.9010,00068,9902,118,064Form
3Meister, Keith A See footnotesBuy121720256.79209,8421,424,827134,536,809Form
4Meister, Keith A See footnotesBuy121720256.81800,2225,449,512133,504,064Form
5Goetz, WilliamDirectBuy120920257.426,74650,082221,804Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Pertz, Douglas ADirectBuy122220256.9015,000103,4552,220,905Form
2Pertz, Douglas ADirectBuy122220256.9010,00068,9902,118,064Form
3Meister, Keith A See footnotesBuy121720256.79209,8421,424,827134,536,809Form
4Meister, Keith A See footnotesBuy121720256.81800,2225,449,512133,504,064Form
5Goetz, WilliamDirectBuy120920257.426,74650,082221,804Form
6Barber, James JPresident & CEODirectBuy120520256.3682,367524,0444,087,581Form
7Barber, James JPresident & CEODirectBuy120520256.3481,633517,9213,553,567Form

Investor Activity (13F)

Updated Aug 24, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Greenstone Partners & Co., LLC$40.0 Mil10.1%9Hold13F
Corvex Management LP$155.7 Mil6.2%25Hold13F
Stanley Capital Management, LLC$15.3 Mil2.6%40Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Corvex Management LP$155.7 Mil6.2%25Hold13F
Greenstone Partners & Co., LLC$40.0 Mil10.1%9Hold13F
Stanley Capital Management, LLC$15.3 Mil2.6%40Hold13F
Core Cache Last Updated: 8/23/2026