Aramark Stock Research

Market Summary

USD33.56-0.04

Delayed

-0.12%

ARMK Alerts

Big jump in Earnings (Y/Y)

ARMK Stock Price

ARMK RSI Chart

ARMK Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

38.66

Price/Sales (Trailing)

0.51

EV/EBITDA

13.58

Price/Free Cashflow

14.79

ARMK Price/Sales (Trailing)

ARMK Profitability

EBT Margin

1.81%

Return on Equity

7.19%

Return on Assets

1.48%

Free Cashflow Yield

6.76%

ARMK Fundamentals

ARMK Revenue

Revenue (TTM)

17.0B

Revenue Y/Y

16.53%

Revenue Q/Q

4.8%

ARMK Earnings

Earnings (TTM)

226.0M

Earnings Y/Y

74.02%

Earnings Q/Q

-2.17%

Price Action

52 Week Range

28.5845.72

(Low)(High)

Last 7 days

-10.7%

Last 30 days

-13.9%

Last 90 days

-19.5%

Trailing 12 Months

-5.8%

ARMK Financial Health

Current Ratio

1.28

Debt/Equity

2.56

Debt/Cashflow

0.07

ARMK Investor Care

Dividend Yield

1.31%

Dividend/Share (TTM)

0.44

Shares Dilution (1Y)

1.52%

Diluted EPS (TTM)

0.77

Peers (Alternatives to Aramark)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	198.8B	23.2B	0.05%	16.44%	32.19	8.58	-0.17%	-18.13%
SBUX	115.3B	32.9B	-8.46%	21.74%	34.73	3.5	8.41%	-24.41%
CMG	45.1B	8.6B	-1.45%	6.51%	50.2	5.23	14.41%	37.69%
YUM	36.1B	6.8B	-4.07%	12.49%	27.22	5.27	3.92%	-15.87%
DRI	18.4B	10.0B	-0.05%	22.19%	20.2	1.84	16.23%	-1.35%
MID-CAP
ARMK	8.7B	17.0B	-13.89%	-5.83%	38.66	0.51	27.66%	584.49%
TXRH	7.2B	4.0B	2.32%	33.62%	26.81	1.8	15.91%	10.00%
WING	5.4B	357.5M	7.11%	60.53%	102.55	15.19	26.56%	24.12%
WEN	4.5B	2.1B	-8.69%	-3.72%	25.11	2.13	10.46%	-11.49%
SHAK	2.2B	900.5M	-2.39%	-11.52%	-91.65	2.45	21.70%	-178.35%
SMALL-CAP
PLAY	1.7B	1.7B	-22.36%	-14.62%	13.72	0.97	61.79%	371.82%
BJRI	706.1M	1.3B	-8.26%	9.24%	173.24	0.55	18.11%	213.03%
CHUY	643.4M	422.2M	5.25%	31.31%	30.85	1.52	6.49%	-30.89%
DENN	633.1M	456.4M	-11.70%	-23.65%	8.47	1.39	14.63%	-4.30%
RUTH	564.4M	505.9M	0.65%	-21.38%	14.61	1.12	17.88%	-8.64%

Financials for Aramark

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	4.0%	16,979	16,327	15,488	14,341	13,300
S&GA Expenses	0.3%	400	398	382	368	358
Costs and Expenses	3.8%	16,292	15,698	14,925	13,852	12,948
EBITDA	12.4%	1,214	1,080	1,122	982	-
EBITDA Margin	2.6%	0.07*	0.07*	0.08*	0.07*	-
Earnings Before Taxes	20.0%	307	256	195	178	35.00
EBT Margin	15.4%	0.02*	0.02*	0.01*	0.01*	-
Interest Expenses	8.4%	374	345	368	366	-
Net Income	16.2%	226	194	154	146	33.00
Net Income Margin	11.8%	0.01*	0.01*	0.01*	0.01*	-
Free Cahsflow	-14.9%	591	694	281	307	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.4%	15,291	15,082	14,989	14,662	14,466
Current Assets	4.3%	3,435	3,292	3,198	3,073	2,911
Cash Equivalents	-7.4%	305	329	439	429	415
Inventory	3.2%	570	552	515	436	393
Net PPE	0.0%	2,032	2,032	2,017	2,007	2,013
Goodwill	0.7%	5,554	5,515	5,551	5,505	5,507
Current Liabilities	-18.3%	2,684	3,286	2,560	2,700	2,371
Long Term Debt	9.7%	8,056	7,346	8,085	7,727	7,982
Shareholder's Equity	3.8%	3,143	3,030	2,915	2,904	2,784
Retained Earnings	10.7%	450	407	359	347	340
Additional Paid-In Capital	1.6%	3,740	3,682	3,643	3,607	3,572
Accumulated Depreciation	-	3,485	-	-	-	-
Shares Outstanding	0.6%	260	259	258	257	256

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-14.9%	591	694	281	307	269
Share Based Compensation	-0.6%	95.00	95.00	90.00	84.00	77.00
Cashflow From Investing	11.3%	-737	-831	-772	-748	-721
Cashflow From Financing	239.6%	53.00	-37.69	465	-523	-292
Dividend Payments	0.3%	113	113	113	113	112
Buy Backs	Infinity%	23.00	0.00	9.00	9.00	11.00

Risks for ARMK

What is the probability of a big loss on ARMK?

74.2%

Probability that Aramark stock will be more than 20% underwater in next one year

40.8%

Probability that Aramark stock will be more than 30% underwater in next one year.

19.6%

Probability that Aramark stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ARMK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Aramark was unfortunately bought at previous high price.

Drawdowns

Returns for ARMK

Cumulative Returns on ARMK

1.8%

7-Year Cumulative Returns

-2.8%

5-Year Cumulative Returns

12.9%

3-Year Cumulative Returns

What are the long-term rolling returns for ARMK?

FIve years rolling returns for Aramark.

Annualized Returns

Which funds bought or sold ARMK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	5.83	7,148,100	24,923,100	0.03%
2023-03-06	Rockefeller Capital Management L.P.	added	0.39	455,000	1,831,000	0.01%
2023-02-28	Voya Investment Management LLC	added	3.53	346,407	1,277,410	-%
2023-02-24	NATIXIS	added	43.58	19,963,100	42,084,100	0.24%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	14.46	26,215	78,215	-%
2023-02-21	MACQUARIE GROUP LTD	reduced	-3.01	4,499,040	20,276,000	0.02%
2023-02-16	HARBOUR INVESTMENTS, INC.	unchanged	-	496	496	-%
2023-02-15	Mantle Ridge LP	unchanged	-	27,428,800	111,827,000	6.50%
2023-02-15	ALLIANCEBERNSTEIN L.P.	added	54.66	3,652,660	7,134,660	-%
2023-02-15	State of Wyoming	added	14.04	98,414	290,414	0.10%

Latest Funds Activity

Are funds buying ARMK calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ARMK

No. of Funds

ARMK Alerts

Big jump in Earnings (Y/Y)

Aramark News

Schedule 13G FIlings of Aramark

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	rbc capital markets, llc	6.58%	17,001,405	SC 13G/A
Feb 14, 2023	nomura holdings inc	1.9%	5,010,735	SC 13G/A
Feb 13, 2023	capital international investors	10.9%	28,073,452	SC 13G/A
Feb 09, 2023	vanguard group inc	9.40%	24,287,684	SC 13G/A
Feb 08, 2023	morgan stanley	4.9%	12,637,750	SC 13G/A
Feb 03, 2023	farallon capital partners, l.p.	0.2%	586,065	SC 13G/A
Aug 16, 2022	mantle ridge lp	9.97%	25,683,393	SC 13D/A
Feb 14, 2022	rbc capital markets, llc	8.4%	21,551,515	SC 13G/A
Feb 14, 2022	nomura holdings inc	7.0%	17,885,524	SC 13G/A
Feb 11, 2022	capital international investors	7.0%	17,982,952	SC 13G

ARMK Fair Value

Aramark fair value in different scenarios

The table shows the Fair Value estimates for Aramark for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	7.72 -77.00%	9.30 -72.29%	14.61 -56.47%	26.24 -21.81%	37.27 11.05%
Current Inflation	7.28 -78.31%	8.55 -74.52%	13.20 -60.67%	23.25 -30.72%	32.80 -2.26%
Very High Inflation	6.72 -79.98%	7.63 -77.26%	11.49 -65.76%	19.75 -41.15%	27.59 -17.79%

Historical Aramark Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Aramark

View All Filings

Date Filed	Form Type	Document
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4/A	Insider Trading
Mar 10, 2023	4/A	Insider Trading
Mar 10, 2023	4/A	Insider Trading
Mar 10, 2023	4/A	Insider Trading
Mar 10, 2023	4/A	Insider Trading
Mar 10, 2023	4	Insider Trading

Latest Insider Trading transactions for ARMK

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-08	SADOVE STEPHEN I	acquired	-	-	129	-
2023-03-08	LOPEZ PATRICIA E	acquired	-	-	25.852	-
2023-03-08	Harrington Lauren A	acquired	-	-	74.35	svp and general counsel
2023-03-08	Wills Kevin	acquired	-	-	11.64	-
2023-03-08	WINKLEBLACK ARTHUR B	acquired	-	-	12.147	-
2023-03-08	KEVERIAN KENNETH M	acquired	-	-	25.852	-
2023-03-08	Schilling Christopher T.	acquired	-	-	38.092	svp, controller and cao
2023-03-08	King Karen Marie	acquired	-	-	25.227	-
2023-03-08	ZILLMER JOHN J	acquired	-	-	442	chief executive officer
2023-03-08	Bruno Marc A	acquired	-	-	83.979	coo, u.s. food & facilities

About Aramark

John J. Zillmer

www.aramark.com

65535

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. It also provides on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising landscaping, transportation, payment, and other facility consulting services relating to building operations. In addition, the company offers concessions, banquet, and catering services; retail services and merchandise sale, recreational, and lodging services; and facility management services at sports, entertainment, and recreational facilities. Further, the company offers correctional food; and operates commissaries, laundry facilities, and property rooms. Additionally, it provides design, sourcing and manufacturing, delivery, cleaning, maintenance, and marketing services for uniforms and accessories; provides managed restroom services; and rents uniforms, work clothing, outerwear, particulate-free garments, and non-garment items and related services that include mats, shop towels, and first aid supplies. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

ARMK Income Statement

2022-09-30

Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2022	Oct. 01, 2021	Oct. 02, 2020
Income Statement [Abstract]
Revenue	$ 16,326,624	$ 12,095,965	$ 12,829,559
Costs and Expenses:
Cost of services provided (exclusive of depreciation and amortization)	14,767,570	11,007,080	11,993,667
Depreciation and amortization	532,327	550,692	595,195
Selling and general corporate expenses	398,362	346,749	307,016
Goodwill impairment	0	0	198,600
Costs and Expenses	15,698,259	11,904,521	13,094,478
Operating income (loss)	628,365	191,444	(264,919)
Gain on Equity Investment	0	(137,934)	0
Loss on Defined Benefit Pension Plan Termination	0	60,864	0
Interest and Other Financing Costs, net	372,727	401,366	382,800
Income (Loss) Before Income Taxes	255,638	(132,852)	(647,719)
Provision (Benefit) for Income Taxes	61,461	(40,633)	(186,284)
Net income (loss)	194,177	(92,219)	(461,435)
Less: Net (loss) income attributable to noncontrolling interests	(307)	(1,386)	94
Net income (loss) attributable to Aramark stockholders	$ 194,484	$ (90,833)	$ (461,529)
Earnings (Loss) per share attributable to Aramark stockholders:
Basic (in dollars per share)	$ 0.76	$ (0.36)	$ (1.83)
Diluted (in dollars per share)	$ 0.75	$ (0.36)	$ (1.83)
Weighted Average Shares Outstanding:
Basic (in shares)	257,314	254,748	251,828
Diluted (in shares)	259,074	254,748	251,828

ARMK Balance Sheet

2022-09-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Oct. 01, 2021
Current Assets:
Cash and cash equivalents	$ 329,452	$ 532,591
Receivables (less allowances: $56,388 and $79,644)	2,147,957	1,748,601
Inventories	552,386	412,676
Prepayments and other current assets	262,195	204,987
Total current assets	3,291,990	2,898,855
Property and Equipment, at cost:
Land, buildings and improvements	1,035,359	983,540
Service equipment and fixtures	4,481,711	4,355,699
Property and Equipment, gross	5,517,070	5,339,239
Less - Accumulated depreciation	(3,485,025)	(3,300,845)
Property and Equipment, net	2,032,045	2,038,394
Goodwill	5,515,124	5,487,297
Other Intangible Assets	2,113,726	2,028,622
Operating Lease Right-of-use Assets	592,145	587,854
Other Assets	1,537,406	1,335,142
Assets	15,082,436	14,376,164
Current Liabilities:
Current maturities of long-term borrowings	65,047	58,850
Current operating lease liabilities	68,858	67,280
Accounts payable	1,322,936	919,090
Accrued payroll and related expenses	656,974	677,185
Accrued expenses and other current liabilities	1,172,071	1,135,028
Total current liabilities	3,285,886	2,857,433
Long-Term Borrowings	7,345,860	7,393,417
Noncurrent Operating Lease Liabilities	305,623	314,378
Deferred Income Taxes and Other Noncurrent Liabilities	1,106,587	1,079,014
Commitments and Contingencies
Redeemable Noncontrolling Interests	8,840	9,050
Stockholders' Equity:
Common stock, par value $0.01 (authorized: 600,000,000 shares; issued: 297,555,924 shares and 294,329,180 shares; and outstanding: 258,728,942 shares and 255,998,119 shares)	2,976	2,943
Capital surplus	3,681,966	3,533,054
Retained earnings	406,784	327,557
Accumulated other comprehensive loss	(111,571)	(208,011)
Treasury stock (shares held in treasury: 38,826,982 shares and 38,331,061 shares)	(950,515)	(932,671)
Total stockholders' equity	3,029,640	2,722,872
Liabilities and Stockholders’ Equity	$ 15,082,436	$ 14,376,164