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Provides outsourced food, facilities and uniform services to businesses, schools, hospitals, sports venues and prisons.
Provides outsourced food, facilities and uniform services to businesses, schools, hospitals, sports venues and prisons.
Clients are institutions that outsource dining and facilities, paying either a fixed price or costs plus a fee, so profit depends on controlling food and labor costs. It spun off its uniform business as Vestis in 2023, which leaves it mostly food and facilities.
Moat: narrow (scale, switching costs, installed base). Long-term outsourcing contracts and embedded on-site operations create real switching costs for clients.
Headquarters: Philadelphia, Pennsylvania, United States · Founded: 1959 · Employees: 278,390
Size Aramark (ARMK) is a United States Consumer Discretionary company (Restaurants) with a market value of $13.9B, the 638th largest of 3,117 United States companies the cockpit tracks. Shares closed at $52.54 on 6 Nov 2026.
Performance Over six months the shares gained 16.6%, against +7.1% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue grew 11.0% over the last twelve months (peer median +8.6%); the operating margin is 4.4% (peer median 12.0%).
Valuation It trades at 19.8× forward earnings against a peer median of 26.3× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.5 points below its cost of capital (8.8% WACC).
Credit Aramark has 2 bonds outstanding ($1.60B), rated BB by the agencies and trading like BB- at a weighted spread of 236 bp.
Short interest Short interest is 3.0% of the free float (15 Oct 2026).
Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $19.8B | $18.5B | $17.4B | $16.1B | $16.3B |
| Revenue growth | — | +6% | +8% | -1% | — |
| Gross profit | $1.17B | $1.13B | $1.00B | $885M | $1.06B |
| EBITDA | $1.39B | $1.32B | $1.15B | $1.05B | $1.18B |
| Net income | $383M | $326M | $263M | $674M | $194M |
| Free cash flow | $433M | $432M | $299M | $383M | $306M |
| Capital expenditure | $478M | $489M | $427M | $384M | $388M |
| Total debt | $6.47B | $5.72B | $5.57B | $6.94B | $7.79B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Aramark ARMK | $13.9B | +17% | +11% | 4% | 19.8× | 16.1% |
| Compass COMP | $7.84B | +17% | +68% | 0% | n/a | n/a |
| Sodexo SW.PA | $9.91B | +28% | 0% | 3% | 17.7× | 6.0% |
| Cintas CTAS | $88.3B | +34% | +10% | 24% | 38.9× | 18.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ARMK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.4% | +10.1% | 3rd lowest of 21 |
| 6-month return | +16.6% | +7.1% | 7th highest of 20 |
| Distance from 52-week high | -16.1% | -14.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +11.0% | +8.6% | 6th highest of 21 |
| Operating margin | 4.4% | 12.0% | 2nd lowest of 21 |
| Forward P/E | 19.8× | 26.3× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 16.1% | 6.4% | 5th most demanding of 20 |
| Growth delivered (Del g) | +7.6% | +13.6% | 4th lowest of 20 |
| Hurdle (Req g minus delivered) | +8.5 pp | -5.4 pp | 2nd most demanding of 20 |
| ROIC minus cost of capital | -1.5 pp | +6.4 pp | 3rd lowest of 21 |
| EV / EBITDA | 14.3× | 16.2× | 6th cheapest of 21 |
| Net debt / EBITDA | 4.2× | 2.5× | 7th most indebted of 21 |
| Bond spread | 236 bp | 90 bp | widest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aramark ARMK | United States | $13.9B | +17% | +11% | 4% | 19.8× | 16.1% | +7.6% |
| Zensho 7550.T | Japan | $12.2B | +41% | +12% | 7% | 34.3× | 6.1% | +16.3% |
| Texas Roadhouse TXRH | United States | $12.1B | +4% | +10% | 8% | 26.8× | 13.8% | +19.6% |
| Yum China YUMC | United States | $17.1B | +6% | +10% | 13% | 15.3× | -7.5% | +7.4% |
| Domino's DPZ | United States | $11.0B | +4% | +4% | 20% | 16.3× | 1.8% | +3.7% |
| Sodexo SW.PA | France | $9.91B | +28% | 0% | 3% | 17.7× | 6.0% | +6.6% |
| Brinker International EAT | United States | $8.58B | +49% | +6% | 11% | 14.7× | 9.3% | +11.7% |
| Darden Restaurants DRI | United States | $25.6B | +15% | +8% | 12% | 19.7× | 7.5% | +12.9% |
| Food & Life Companies 3563.T | Japan | $7.34B | +12% | +24% | 10% | 35.6× | 6.9% | +16.0% |
| McDonald's Holdings Company (Japan) 2702.T | Japan | $7.33B | +7% | +2% | 14% | 32.0× | 1.8% | +7.6% |
| Haidilao 6862.HK | Hong Kong | $7.24B | -28% | +11% | 12% | 11.4× | 2.0% | +7.8% |
| CAVA CAVA | United States | $6.91B | -26% | +27% | 7% | 85.5× | 41.5% | +27.9% |
| Jersey Mike's Subs JMKE | United States | $6.03B | n/a | +11% | 21% | 26.3× | n/a | n/a |
| Dutch Bros BROS | United States | $5.90B | -36% | +30% | 10% | 31.0× | 36.3% | +38.0% |
| Restaurant Brands International QSR | United States | $35.1B | -3% | +6% | 27% | 18.1× | 6.3% | +13.7% |
| Restaurant Brands International LP QSP-UN.TO | Canada | $35.9B | +12% | +5% | 28% | n/a | 1.0% | +14.6% |
| Cheesecake Factory CAKE | United States | $5.32B | +73% | +8% | 7% | 21.2× | 16.7% | +13.6% |
| Skylark 3197.T | Japan | $5.18B | +19% | +11% | 7% | 38.5× | 6.4% | +9.7% |
| Wingstop WING | United States | $4.42B | +26% | +7% | 28% | 35.3× | 21.9% | +22.9% |
| Chipotle Mexican Grill CMG | United States | $43.6B | +6% | +8% | 15% | 27.1× | 15.1% | +14.8% |
| Yum! Brands YUM | United States | $44.0B | +7% | +9% | 32% | 24.8× | -0.2% | +7.8% |
Aramark has 2 bonds outstanding with $1.60B face value. The agencies rate it BB; its bonds trade like BB-. Weighted yield 6.35%, a spread of 236 bp over government bonds.