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Vestis VSTS Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

ALH
Alliance Laundry Holdings Inc.ALH
$1.64M-8.0%
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Skyline ChampionSKY
$2.61M-14.8%

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$1.74B+10.4%
Enterprise value$3.07B+2.9%
P/S0.6×+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 us-gaap:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Vestis’s 10-K, filed December 2, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vestis's current state and local tax expense benefit?
Vestis (VSTS) reported current state and local tax expense benefit of -$92.25K in Q3 2025.
How has Vestis's current state and local tax expense benefit changed year-over-year?
Vestis's current state and local tax expense benefit decreased by 111.2% year-over-year, from $820.75K to -$92.25K.
What is the long-term trend for Vestis's current state and local tax expense benefit?
Over 2 years (2023 to 2025), Vestis's current state and local tax expense benefit has grown at a -80.9% compound annual growth rate (CAGR), from $10.13M to -$369K.
What does current state and local tax expense benefit mean?
Reflects the current income tax expense or benefit incurred at the state and local jurisdictional levels. It captures the tax obligations or credits applicable to the specific regions where the company conducts business operations.