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Vestis VSTS Variable Lease Cost

Variable Lease Cost at other companies

ALH
Alliance Laundry Holdings Inc.ALH
$363.5K-17.0%

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:VariableLeaseCost.

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 variable lease cost?
Vestis (VSTS) reported variable lease cost of $3.24M in Q3 2025.
How has Vestis's variable lease cost changed year-over-year?
Vestis's variable lease cost increased by 24.2% year-over-year, from $2.61M to $3.24M.
What is the long-term trend for Vestis's variable lease cost?
Over 2 years (2023 to 2025), Vestis's variable lease cost has grown at a 14.5% compound annual growth rate (CAGR), from $9.89M to $12.97M.
What does variable lease cost mean?
Includes lease payments that are not fixed in amount but vary based on an index, rate, or usage-based performance metrics. Monitoring this helps assess the flexibility of the company's cost structure in response to operational volume changes.