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Vestis

VSTS

Vestis Corporation is a leading provider of uniform rentals and workplace supplies in the United States and Canada.

Market cap
$1.9B+131%
Revenue$2.7B-0.8%
Net income-$17.0M-6.4%
Free cash flow$97.4M-64.9%
EPS (diluted)-$0.14-27.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$668.9M
EPS estimate$0.11

Financials

Q2 2026

Income statement

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Revenue$659.4M-0.9%
Gross profit$173.7M-0.9%
Operating income$26.8M+412%
Net income$2.6M+109%
EPS (diluted)$0.02+110%

Balance sheet

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Cash & equivalents$50.3M+74.8%
Total debt$1.4B-1.8%
Total equity$867.2M-1.0%
Total assets$2.9B-1.2%

Cash flow

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Operating cash flow$58.3M+775%
CapEx$12.7M-6.1%
Free cash flow$45.6M+765%

Valuation & ratios

Valuation

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Market cap$1.9B+131%
Enterprise value$3.22B+50.1%
P/S0.7×+0.4×

Profitability

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Gross margin26.1%-1.9pp
Operating margin3.2%-0.1pp
Net margin-0.6%
FCF margin3.6%-6.6pp

Returns & leverage

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Return on equity-2%
Debt / equity1.6×0.0×
Current ratio2.1×+0.3×

Competitors

Profile

Vestis Corporation is a leading provider of uniform rentals and workplace supplies in the United States and Canada. The company offers a full-service solution encompassing the design, manufacturing, laundering, and delivery of specialized garments and essential facility products. Its core value proposition focuses on reducing customer operating costs and enhancing brand image through recurring, route-based service models.

Competitive position

Vestis is the second largest provider in its industry in the United States and Canada, characterized by significant scale and an extensive network footprint.

GeographiesUnited States, Canada, Mexico
Customer segmentsEnterprise, Small and medium-sized businesses, Government agencies, Industrial and manufacturing firms
Business modelRecurring service model, Direct-to-business sales, Logistics and distribution, Manufacturing and laundering
SuppliersRaw material suppliers, Finished goods manufacturers, Chemical and detergent providers, Fuel and energy providers, Vehicle manufacturers
CustomersManufacturing plants, Healthcare facilities, Hotels and restaurants, Automotive dealerships, Pharmaceutical labs, Retail chains
Listed2023
Employees10.5K
CEOJames Jay Barber Jr.
FilingsSEC EDGAR

Questions, answered.

What is Vestis's market cap?
Vestis (VSTS) has a market capitalization of $1.9B and trades on NYSE.
What is Vestis's revenue and profitability?
Vestis generated $2.7B in trailing twelve-month revenue with a net loss of $17.0M, representing a net margin of -0.6%. Gross margin stands at 26.1%, with free cash flow of $97.4M. These figures are based on the Q2 2026 filing.
Who are Vestis's competitors?
Vestis's key competitors include Cintas Corporation, UniFirst Corporation, Aramark, and others. These companies compete in similar markets and product categories.
Who does Vestis partner with?
Vestis's notable partners include Aramark.
Where is Vestis headquartered?
Vestis is headquartered in United States of America and employs approximately 10,500 people. It has been publicly traded since 2023.