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Vestis VSTS Canada — Goodwill

Other segment segments

United States
$896.24M0.0%

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$859.95M+17.2%

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$1.74B+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:Goodwill.

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 canada — goodwill?
Vestis (VSTS) reported canada — goodwill of $65.51M in Q1 2026.
How has Vestis's canada — goodwill changed year-over-year?
Vestis's canada — goodwill increased by 2.7% year-over-year, from $63.8M to $65.51M.
What does canada — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Canada segment. It reflects the value of intangible assets such as brand reputation, customer relationships, and market presence that cannot be separately identified. Monitoring this balance is essential for assessing potential impairment risks related to the segment's long-term growth prospects.