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Aramark ARMK Material Reconciling Items — Operating Income

Discontinued — last reported Q2 '19

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Other financials

Income statement

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Revenue$4.9B+14.7%
Gross profit$426.4M+18.6%
Operating income$219.7M+26.2%
Net income$102.0M+64.8%
EPS (diluted)$0.38+65.2%

Balance sheet

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Cash & equivalents$540.8M-44.5%
Total debt$6.5B-10.8%
Total equity$3.3B+8.6%
Total assets$13.8B+2.6%

Cash flow

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Operating cash flow-$782.2M-33.2%
CapEx$101.3M-12.5%
Free cash flow-$904.4M-27.9%

Valuation

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Market cap$14.02B+37.3%
Enterprise value$20B+19.3%
P/E39.3×+9.9×
P/S0.7×+0.1×

Profitability

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Gross margin8.4%-0.1pp
Operating margin4.3%-0.1pp
Net margin1.8%-0.1pp
FCF margin1.2%

Returns & leverage

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Return on equity11.3%-0.4pp
Debt / equity-0.4×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Aramark in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Aramark’s 10-Q, filed May 7, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — operating income mean?
This metric captures the operating income or loss items that are excluded from the performance measurement of individual business segments, often representing corporate overhead, shared service costs, or non-recurring adjustments. It serves as a bridge between the sum of segment-level operating profits and the total consolidated operating income reported on the income statement. Monitoring this is essential for understanding the scale of corporate-level expenses that are not directly attributable to revenue-generating activities.