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Vestis VSTS State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

ALH
Alliance Laundry Holdings Inc.ALH
2.1%+0.7pp
Skyline Champion logo
Skyline ChampionSKY
3.2%

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 us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

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 state income taxes – net of federal income tax benefit?
Vestis (VSTS) reported state income taxes – net of federal income tax benefit of 2.1% in Q3 2025.
What does state income taxes – net of federal income tax benefit mean?
Quantifies the impact of state and local income taxes, net of the federal tax benefit, on the overall effective tax rate. It highlights the variance between the statutory federal rate and the actual tax burden after accounting for sub-national tax variations.