Vestis Corp VSTS

Industrials SIC 5190 - Wholesale-Miscellaneous Nondurable Goods NAICS Wholesale Trade › Merchant Wholesalers, Nondurable Goods › Miscellaneous Nondurable Goods Merchant Wholesalers derived NYSE

Vestis Corporation, a Delaware Corporation ("Vestis", the "Company", "our", "we" or "us") is a leading provider of uniform rentals and workplace supplies across the United States and Canada. We provide uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products and other workplace supplies. In fiscal year 2025, we generated revenue of approximately $2.7 billion. We are one of the largest companies operating within the United States and Canada in our industry.

We have over 75 years of experience providing uniforms and workplace supplies and a broad footprint that supports efficient delivery of our services and products to more than 300,000 customer accounts (based on unique customer identification numbers) across the United States and Canada. Our customer base participates in a wide variety of industries including manufacturing, hospitality, retail, food processing, pharmaceuticals, healthcare and automotive. We serve customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations.

Last close 14.75 2026-10-23
Market cap $1.95B 2026-07-03 share count
52-week range 4.83 - 16.90

Valuation FY2025 figures against the last close

P/S0.7x
P/E—
P/FCF337.9x
EV/EBITDA14.8x
Dividend yield0.7%
Diluted EPS-0.31

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $2.73B$2.81B$2.83B$2.69B—
SG&A $517.3M$517.2M$500.7M$450.7M—
Operating income $64.4M$158.0M$217.9M$192.2M—
Interest expense —$126.6M$2.1M$4.5M—
Pre-tax income -$44.3M$32.0M$269.7M$190.0M—
Income tax $4.1M$11.1M$56.6M$48.3M—
Net income -$40.2M$21.0M$213.2M$141.7M—
EPS, basic -0.310.161.631.08—
EPS, diluted -0.310.161.631.08—
Shares, diluted (wtd. avg.) 131.8M131.8M130.7M130.7M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $29.7M$31.0M$36.1M$23.7M$41.1M
Receivables $162.3M$177.3M$392.9M——
Inventory $179.0M$164.9M$174.7M——
Total current assets $850.0M$813.3M$1.02B——
Property, plant and equipment —$670.9M$664.5M——
Goodwill $961.7M$963.8M$963.5M$963.4M—
Other intangibles $188.8M$212.8M$238.6M——
Total assets $2.91B$2.93B$3.16B——
Accounts payable $158.4M$163.1M$134.5M——
Short-term debt $0$0$26.2M——
Total current liabilities $409.0M$456.1M$395.5M——
Long-term debt $1.16B$1.15B$1.46B——
Total liabilities $2.04B$2.03B$2.28B——
Retained earnings -$46.9M$2.6M$0——
Total equity $865.6M$903.1M$877.4M$2.34B$2.33B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow $64.2M$471.8M$257.0M$232.8M—
Depreciation and amortisation $143.0M$140.8M$136.5M$134.4M—
Stock-based compensation $11.6M$16.3M$14.5M$17.4M—
Capital expenditure $58.5M$78.9M$77.9M$76.4M—
Investing cash flow -$19.8M-$73.6M-$14.7M-$86.1M—
Financing cash flow -$46.1M-$403.0M-$230.3M-$162.5M—
Dividends paid $13.8M$13.8M$0$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-25-054597.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2022: 2.7B Net income, FY2022: 141.7M Revenue, FY2023: 2.8B Net income, FY2023: 213.2M Revenue, FY2024: 2.8B Net income, FY2024: 21M Revenue, FY2025: 2.7B Net income, FY2025: -40.2M FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2021FY2022FY2023FY2024FY2025
Revenue — $2.69B $2.83B $2.81B $2.73B
Gross profit — — — — —
Net income — $141.7M $213.2M $21.0M -$40.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 5190

TickerCompanyMarket capP/ERevenue growth
CENTA CENTRAL GARDEN & PET CO $2.40B 15.3x -2.2%
EDUC EDUCATIONAL DEVELOPMENT CORP $8.7M 3.8x -33.0%
NHTC NATURAL HEALTH TRENDS CORP $6.7M — -7.4%
HYFM HYDROFARM HOLDINGS GROUP, INC. $3.8M — -29.4%