VESTIS CORP (VSTS)
Industrials · Uniform rental and facilities outsourcing services · NYSE
Post-Aramark spin-off uniforms and facilities outsourcing company facing margin pressure from labor inflation, customer concentration risk, and high leverage.
What VESTIS CORP does
Vestis Corp is a facilities and work services company that was recently separated from Aramark. The company provides outsourced facilities, linen supply, and support services to various customers across industries. It operates through service contracts with recurring revenue models, supported by manufacturing and distribution capabilities for uniforms and linens.
Themes: ["Facilities outsourcing and management","Uniform rental services","Business services","Supply chain resilience"]
Fundamentals
- Price$14.35 as of 2026-07-09 close
- Market cap$1.8B as of 2026-07-10
- 1-year return+134.1% as of 2026-07-09 close
- Net margin-0.6% as of 2026-07-10
- Gross margin+26.1% as of 2026-07-10
- ROE-2.0% as of 2026-07-10
- Debt / equity1.48 as of 2026-07-10
- Revenue growth (YoY)-0.8% as of 2026-07-10
- Revenue CAGR (3y)+0.6% SEC XBRL
- Beta1.15 as of 2026-07-10
Dividend: 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Macroeconomic headwinds and customer contract retention risk—failure to renew existing contracts or attract new customers could result in significant revenue decline and potential goodwill impairment","High leverage and covenant compliance—substantial debt and reliance on accounts receivable securitization facility, plus exposure to net leverage ratio covenants in credit agreements","Labor cost inflation and unionization pressure—increased labor costs, workforce hiring challenges, and ongoing unionization efforts could materially impact operating margins"]
Competitors & peers
- Aramark (ARMK)
- Cintas Corporation (CTAS)
- UniFirst Corporation (UNF)
- Alsco Uniforms
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.