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Vestis VSTS Amortization of rental merchandise in service

Amortization of rental merchandise in service at other companies

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$409.01M-11.2%

Other financials

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

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Market cap$1.78B+10.4%
Enterprise value$3.11B+2.9%
P/S0.7×+0.1×

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×

Where this comes from

Reported directly by Vestis in its filing.

Tagged under the XBRL concept vsts:AmortizationOfRentalMerchandiseInService.

The official record: Vestis’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vestis's amortization of rental merchandise in service?
Vestis (VSTS) reported amortization of rental merchandise in service of $88.4M in Q1 2026.
How has Vestis's amortization of rental merchandise in service changed year-over-year?
Vestis's amortization of rental merchandise in service increased by 0.5% year-over-year, from $88M to $88.4M.
What is the long-term trend for Vestis's amortization of rental merchandise in service?
Over 2 years (2023 to 2025), Vestis's amortization of rental merchandise in service has grown at a 2.7% compound annual growth rate (CAGR), from $343.9M to $362.9M.
What does amortization of rental merchandise in service mean?
The systematic allocation of the cost of rental assets, such as uniforms or linens, over their estimated useful life. As these items are central to the revenue-generating model, this expense reflects the physical wear and consumption of inventory. Monitoring this helps assess the capital intensity and asset replacement cycle of the business.