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Vestis VSTS Reimbursements of tenant improvement allowances

Reimbursements of tenant improvement allowances at other companies

LiveRamp Holdings, Inc. logo
LiveRamp Holdings, Inc.RAMP
$0+100%
Tarsus Pharmaceuticals, Inc. logo
Tarsus Pharmaceuticals, Inc.TARS
$5.8M
Enphase Energy logo
Enphase EnergyENPH
$0-100%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$0
Innovative Industrial Properties, Inc. logo
Innovative Industrial Properties, Inc.IIPR
$2.95M-67.4%
PJT Partners logo
PJT PartnersPJT
$17.22M-47.9%

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 vsts:ProceedsFromTenantAllowance.

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 reimbursements of tenant improvement allowances?
Vestis (VSTS) reported reimbursements of tenant improvement allowances of $25K in Q3 2025.
How has Vestis's reimbursements of tenant improvement allowances changed year-over-year?
Vestis's reimbursements of tenant improvement allowances decreased by 97.8% year-over-year, from $1.13M to $25K.
What does reimbursements of tenant improvement allowances mean?
Represents cash received from landlords as incentives or reimbursements for leasehold improvements made to rented properties. This metric serves as a contra-expenditure item that offsets the capital cost of facility upgrades. It provides insight into the company's ability to negotiate favorable lease terms and manage capital expenditure requirements.