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Vestis (Vestis) Net Margin % : 0.85% (As of Mar. 2024)


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What is Vestis Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vestis's Net Income for the three months ended in Mar. 2024 was $6 Mil. Vestis's Revenue for the three months ended in Mar. 2024 was $705 Mil. Therefore, Vestis's net margin for the quarter that ended in Mar. 2024 was 0.85%.

The historical rank and industry rank for Vestis's Net Margin % or its related term are showing as below:

VSTS' s Net Margin % Range Over the Past 10 Years
Min: 3.02   Med: 4.82   Max: 7.54
Current: 7.16

VSTS's Net Margin % is ranked better than
66.73% of 1061 companies
in the Business Services industry
Industry Median: 3.91 vs VSTS: 7.16

Vestis Net Margin % Historical Data

The historical data trend for Vestis's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vestis Net Margin % Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Net Margin %
4.36 3.02 5.27 7.54

Vestis Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.88 3.59 22.40 1.71 0.85

Competitive Comparison of Vestis's Net Margin %

For the Rental & Leasing Services subindustry, Vestis's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vestis's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vestis's Net Margin % distribution charts can be found below:

* The bar in red indicates where Vestis's Net Margin % falls into.


Vestis Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Vestis's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=213.158/2825.286
=7.54 %

Vestis's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=5.965/705.368
=0.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vestis  (NYSE:VSTS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Vestis Net Margin % Related Terms

Thank you for viewing the detailed overview of Vestis's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vestis (Vestis) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (NYSE:VSTS) » Definitions » Net Margin %
Comparable Companies
TGH MGRC HTZ HEES CTOS PRG HRI GSL ALTG WLFC URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439
Traded in Other Exchanges
6TS:Germany
Address
500 Colonial Center Parkway, Suite 140, Roswell, GA, USA, 30076
Website
https://www.aramarkuniform.com
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Executives
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Ricky T Dillon officer: EVP and CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Timothy R Donovan officer: EVP, CLO and General Counsel 1703 N. RANDALL ROAD, ELGIN IL 60123
Angela Kervin officer: EVP and Chief HR Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Kim Scott director, officer: President and CEO 150 PEABODY PL, MEMPHIS TN 38103
Lynn Mckee director
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Burke Richard L. Jr. director 90 FORT WADE ROAD, PONTE VEDRA FL 32081
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Mary Anne Whitney director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Intermediate Holdco Aramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103
Christopher J Synek officer: Chief Operating Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Grant Shih officer: Chief Technology Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Ramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103