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Aramark ARMK Compensation and benefits

Discontinued — last reported Q2 '23

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Segments

By segment

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FSS United States$1.31B+9.2%
FSS International$749.5M+15.6%

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$14.96B+44.5%
Enterprise value$20.94B+26.9%
P/E41.9×+13.3×
P/S0.8×+0.2×

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:ShareBasedCompensation.

The source filing: Aramark’s 10-Q, filed May 9, 2023.

Filed
May 9, 2023
Fiscal quarter
Q2 FY2023
Calendar quarter
Q2 2023
Accession
0001584509-23-000108
Line itemSix Months Ended / March 31, 2023Six Months Ended / April 1, 2022
Asset write-downs35,479
Reduction of contingent consideration liability (see Note 13)(73,891)
Deferred income taxes20,7005,350
Share-based compensation expense45,07747,913
Changes in operating assets and liabilities:
Receivables(142,561)(223,966)
Inventories(49,053)(21,920)
Prepayments and Other Current Assets(20,267)(15,632)

Item 1. Financial Statements (Unaudited)

FAQ

What is Aramark's compensation and benefits?
Aramark (ARMK) reported compensation and benefits of $21.03M in Q1 2023.
How has Aramark's compensation and benefits changed year-over-year?
Aramark's compensation and benefits decreased by 9.6% year-over-year, from $23.26M to $21.03M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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