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Vestis Corp (VSTS) stock

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NYSE: VSTS NYSE Diversified Support Services Next results ~November 19, 2026

C Fundamentals grade

Vestis Corp is a US-listed company in the diversified support services industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$15

Cash-flow model

Base case. Range ~$9.3–$23 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 3% below our base value.

Price used: $14.68, November 2, 2026

Vestis Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders4 buying, 0 selling8 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds126 adding, 130 cuttingOf 38 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Vestis files

Where Vestis stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $2.70bn, down 0.4% on a year earlier, about the same pace as a quarter earlier. That puts it 12 of 13 for growth among the diversified support services companies we cover. Free-cash-flow margin fell to 5.1% from 9.5% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 5 financial-health checks. Our cash-flow model value is $15.20 a share, against a share price of $14.98.

Source: 10-Q filed August 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 19, 2026 (estimated)

Vestis Corp's trailing-twelve-month revenue fell 0.4% year on year, with a free-cash-flow margin of 5.1%. Where it stands out: stock pay as % of revenue of 0.4% ranks 2 of 26 diversified support services companies we cover. Where it lags: revenue growth of -0.4% ranks 27 of 32 diversified support services companies we cover.

Our discounted-cash-flow model values the business at ~$15 per share in the base case (~$9.3–$23 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 47.1% while net income grew 82.3%: a 129pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 16.9% over 90 days.

Things to watch

  • Revenue shrinking. Revenue fell 0.4% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of 0.9 against the S&P 500.
  • Heavily shorted. 11.7% of the shares available to trade are sold short (6.0 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 11, 2026
Earnings per share
$0.18 against an average estimate of $0.10: beat by 81.5%
Revenue
$662m, down 1.8% on a year earlier
Share reaction
+2.1% in the first session after the results on August 11, 2026, against -0.1% for the S&P 500
Next report
November 19, 2026; average EPS estimate $0.17

Vestis' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.0%
  • 1 week-1.9%
  • 1 month+4.6%
  • This year+120.1%
  • 1 year+179.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.7B
Operating margin
3.6%
Net margin
-0.2%
EPS (TTM, diluted)
$-0.04

Growth

Revenue growth
−0.4%
Change in growth rate
+0.4 pts
Share count change
+0.6%

Cash

Free cash flow (TTM)
$136M
FCF margin
5.1%
Stock pay % of revenue
0.4%

Earnings

Last results
August 11, 2026
Next results (est.)
November 30, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Guidance
  2. Leadership
  3. Insider trade
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Vestis Corp valuation models and calculator

What the price is pricing in

The share price implies about 1.4% a year of cash-flow growth for five years.

  • Priced in1.4%
  • Last 12 months-0.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($14.67, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$15
Price used
$14.67close November 3, 2026
Implied change
▲ +3%
Uncertainty
High

How we got here: a discounted-cash-flow model of Vestis Corp's free cash flow after stock-based pay with after-tax interest added back ($186M, FY2026 Q3 TTM), growing 0.4% and 1.9% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$9.3–~$23 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Vestis Corp's free cash flow after stock-based pay ( $186M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Vestis Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.85 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$15 ~$9.3–$23 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$9.7 ~$9.3–$18 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1.8 ~$1.0–$3.0 Left out: out of range vs price (0.12x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$0.3 ~$0.3–$0.3 Left out: out of range vs price (0.02x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$13 ~$9.7–$15 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Vestis Corp with Diversified Support Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −47%
  • Revenue growth 5 points higher ▲ +61%
  • Free-cash-flow margin 1 point lower ▼ −37%
  • Last year's free-cash-flow margin change, if it persists ▼ −62%
  • Discount rate 1 point higher ▼ −26%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $12$20$29$42$58$80
8.5% $8$13$20$29$41$56
10% $5$9$14$21$30$42

Valuation multiples over time Market data may be delayed

At fiscal year end 202320242025Now
Share price$19.04$15.04$5.05$14.68
Market value$2.5bn$2.0bn$665m$1.9bn
+ Net debt (− = net cash)$1.5bn$1.1bn$1.1bn$1.0bn
Enterprise value$4.0bn$3.1bn$1.8bn$3.0bn
Multiples
Price / sales 0.9x0.7x0.2x0.7x
Price / earnings 11.7x94.5x——
Price / free cash flow 13.9x5.0x115.3x14.3x
EV / EBITDA 11.2x10.4x8.7x12.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 19, 2026, after the close. Analysts expect revenue of $666m and EPS of $0.17 (range $0.14 to $0.20) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.61 +145% $2.6bn −3%
Next $0.78 +27% $2.7bn +2%

Next year's EPS estimate has moved +16.9% in 90 days, across 7 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.10 $0.18 +81.5%
Mar 2026 $0.08 $0.16 +92.1%
Dec 2025 $0.07 $0.10 +53.5%
Sept 2025 $0.06 $0.03 −48.3%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Vestis Corp's revenue by +0.4% next year and +1.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-0.4%, weight 66%) and the company's own record (+2.0%, weight 34%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy225%
Hold338%
Sell338%

Monthly trend

  1. Oct 202623128
  2. Sep 202623128

Counts of recommendations published by analysts covering Vestis Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
11.7%
of tradable shares
Days to cover
5.98
at average volume
Short interest, 1 month
+20%
to September 30, 2026
Held by institutions
99%
of shares
Held by insiders
16.6%
of shares
Employees
18,150
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +179.6%

$5.25 on October 31, 2025 to $14.68

ThenNowEffect
Revenue (last 12 months) $2.7bn $2.7bn −0.4%
P/S multiple 0.3x 0.7x +182.4%
Share count 132m 133m −0.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202420252026 to date
Return
VSTS−27%−56%+120%
Industry peers (median)+5%−7%−17%
S&P 500+25%+18%+11%
Months that ended higher
VSTS50%33%55%
S&P 50075%75%46%
Largest fall from a high during the year
VSTS−58%−75%−27%
S&P 500−8%−19%−9%

Worst fall since September 27, 2023: 82% from February 6, 2024 to September 17, 2025. Getting back needed a 443% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.99 – $16.50
From 52-week high
−11.0%
vs 50-day average
+6.6%
vs 200-day average
+27.9%
Volatility (1 year)
57%
Beta vs S&P 500
0.90

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±16.1%
After a week
6 up, 6 down
typical move ±17.4%
After a month
6 up, 6 down
typical move ±20.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 11, 2026 +2.1% −0.1% −6.2% −6.0%
May 12, 2026 +21.0% +0.4% +27.3% +43.1%
February 10, 2026 +18.4% −0.3% +4.8% +2.9%
December 1, 2025 −3.9% −0.3% +14.2% +2.9%
August 5, 2025 −5.4% +0.3% −26.8% −24.3%
May 6, 2025 −38.7% −0.4% −27.7% −30.4%
January 31, 2025 −12.6% −1.2% −13.1% −30.1%
November 21, 2024 +20.4% +0.8% +20.8% +19.3%
August 7, 2024 +2.2% +1.6% +4.2% +15.4%
May 2, 2024 −49.1% +2.2% −37.3% −32.6%
February 7, 2024 −9.8% +0.9% −14.8% −16.4%
November 29, 2023 +9.4% +0.3% +11.3% +26.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Vestis Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Vestis Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Vestis Corp
$2.7B $2.7B $2.8B $2.8B $2.9B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $2.8B Revenue (TTM), FY24 Q1: $2.8B Revenue (TTM), FY24 Q2: $2.8B Revenue (TTM), FY24 Q3: $2.8B Revenue (TTM), FY24 Q4: $2.8B Revenue (TTM), FY25 Q1: $2.8B Revenue (TTM), FY25 Q2: $2.7B Revenue (TTM), FY25 Q3: $2.7B Revenue (TTM), FY25 Q4: $2.7B Revenue (TTM), FY26 Q1: $2.7B Revenue (TTM), FY26 Q2: $2.7B Revenue (TTM), FY26 Q3: $2.7B $2.7B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $2.8B
FY24 Q1 $2.8B
FY24 Q2 $2.8B
FY24 Q3 $2.8B
FY24 Q4 $2.8B
FY25 Q1 $2.8B
FY25 Q2 $2.7B
FY25 Q3 $2.7B
FY25 Q4 $2.7B
FY26 Q1 $2.7B
FY26 Q2 $2.7B
FY26 Q3 $2.7B
Revenue growth, TTM YoY Vestis Corp
-6% -4% -2% 0% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q3 Revenue growth, TTM YoY, FY24 Q4: -0.7% Revenue growth, TTM YoY, FY25 Q1: -2.5% Revenue growth, TTM YoY, FY25 Q2: -4.1% Revenue growth, TTM YoY, FY25 Q3: -4.6% Revenue growth, TTM YoY, FY25 Q4: -2.5% Revenue growth, TTM YoY, FY26 Q1: -2.1% Revenue growth, TTM YoY, FY26 Q2: -0.8% Revenue growth, TTM YoY, FY26 Q3: -0.4% -0.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q4 -0.7%
FY25 Q1 -2.5%
FY25 Q2 -4.1%
FY25 Q3 -4.6%
FY25 Q4 -2.5%
FY26 Q1 -2.1%
FY26 Q2 -0.8%
FY26 Q3 -0.4%
Operating margin (TTM) Vestis Corp
0% 2% 4% 6% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 7.7% Operating margin (TTM), FY24 Q1: 7.8% Operating margin (TTM), FY24 Q2: 7.5% Operating margin (TTM), FY24 Q3: 6.6% Operating margin (TTM), FY24 Q4: 5.6% Operating margin (TTM), FY25 Q1: 5.1% Operating margin (TTM), FY25 Q2: 3.3% Operating margin (TTM), FY25 Q3: 2.8% Operating margin (TTM), FY25 Q4: 2.4% Operating margin (TTM), FY26 Q1: 1.9% Operating margin (TTM), FY26 Q2: 3.2% Operating margin (TTM), FY26 Q3: 3.6% 3.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 7.7%
FY24 Q1 7.8%
FY24 Q2 7.5%
FY24 Q3 6.6%
FY24 Q4 5.6%
FY25 Q1 5.1%
FY25 Q2 3.3%
FY25 Q3 2.8%
FY25 Q4 2.4%
FY26 Q1 1.9%
FY26 Q2 3.2%
FY26 Q3 3.6%
FCF margin (TTM) Vestis Corp
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 6.3% FCF margin (TTM), FY24 Q1: 7.7% FCF margin (TTM), FY24 Q2: 8.4% FCF margin (TTM), FY24 Q3: 7.5% FCF margin (TTM), FY24 Q4: 14.0% FCF margin (TTM), FY25 Q1: 12.5% FCF margin (TTM), FY25 Q2: 10.2% FCF margin (TTM), FY25 Q3: 9.5% FCF margin (TTM), FY25 Q4: 0.2% FCF margin (TTM), FY26 Q1: 1.7% FCF margin (TTM), FY26 Q2: 3.6% FCF margin (TTM), FY26 Q3: 5.1% 5.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 6.3%
FY24 Q1 7.7%
FY24 Q2 8.4%
FY24 Q3 7.5%
FY24 Q4 14.0%
FY25 Q1 12.5%
FY25 Q2 10.2%
FY25 Q3 9.5%
FY25 Q4 0.2%
FY26 Q1 1.7%
FY26 Q2 3.6%
FY26 Q3 5.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Oct 2025 LTM Jul 2026
Income
Revenue 2,687 2,825 2,806 2,735 2,696
EBITDA 327 354 299 207 236
Operating income 192 218 158 64 98
Net income 142 213 21 −40 −5
Diluted EPS $1.08 $1.63 $0.16 −$0.31 −$0.04
Growth (year on year)
Revenue — +5.1% −0.7% −2.5% −0.4%
EBITDA — +8.5% −15.7% −30.6% +7.4%
Operating income — +13.4% −27.5% −59.2% +28.3%
Net income — +50.5% −90.2% — —
Diluted EPS — +50.9% −90.2% — —
Margins
EBITDA margin 12.2% 12.5% 10.6% 7.6% 8.7%
Operating margin 7.2% 7.7% 5.6% 2.4% 3.6%
Net margin 5.3% 7.5% 0.7% −1.5% −0.2%
Free-cash-flow margin 5.8% 6.3% 14.0% 0.2% 5.1%
Cash flow
Cash from operations 233 257 472 64 192
Capital spending 76 78 79 58 55
Free cash flow 156 179 393 6 136
Stock-based pay 17 14 16 12 10
Free cash flow after stock pay 139 165 377 −6 127
Balance sheet
Cash 24 36 31 30 58
Total debt 0 1,500 1,163 1,169 1,098
Net debt (negative = net cash) −24 1,464 1,131 1,139 1,040
Diluted shares 131m 131m 132m 132m 133m
Returned to shareholders
Dividends 0 0 14 14 0
Total returned 0 0 14 14 0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 5 checks passed · July 3, 2026
What it owns · $2.8bn
Short-term assets $832mLonger-term assets $2.0bn
What it owes, and who funded it · $2.8bn
Short-term liabilities $384mLonger-term liabilities $1.6bnShareholders' equity $878m
  • Short-term assets cover short-term liabilities $832m of assets due within a year against $384m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $832m short-term assets against $1.6bn of longer-dated liabilities.
  • More cash than debt $58m of cash against $1.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 124% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $192m of operating cash flow against $1.1bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Vestis Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$0
Returned to shareholders
0%
of free cash flow
Diluted share count
+0.6%
year over year
Total shareholder yield
0.0%
dividends 0.0% + buybacks 0.0% of market value
Sales & admin spending
17.6%
of revenue
Days sales outstanding
19 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in diversified support services
Last 12 months unless stated VSTS GEO UNF CXW WSC OPLN Median
Revenue, last 12 months $2.7bn $2.8bn $2.5bn $2.5bn $2.3bn $2.1bn $906m
Revenue growth, last 12 months −0.4% 15.3% 3.7% 24.3% −2.5% 11.8% 6.3%
Revenue growth, 3-year average — 5.0% 4.2% 10.2% −0.3% 8.4% 6.4%
Revenue growth, latest quarter −1.8% 15.1% 5.0% 27.3% 3.9% 15.1% 7.2%
Gross margin — — 36.6% — 50.5% — 29.0%
Operating margin 3.6% 11.2% 5.4% 5.9% 6.5% 11.5% 4.9%
Operating margin, 3-year average 4.3% 12.1% 6.8% 11.1% 14.3% 10.1% 9.9%
Net margin −0.2% 10.3% 4.3% 5.1% −3.0% 9.7% 2.7%
Cash from operations / revenue 7.1% 7.0% 8.1% 8.1% 30.7% 19.8% 7.1%
Free-cash-flow margin 5.1% 0.9% 2.8% 2.4% 29.7% 17.1% 3.7%
Free-cash-flow margin, 3-year average 7.4% 4.9% 4.7% 6.5% 28.7% 14.5% 7.4%
Stock pay / revenue 0.4% 0.9% 0.5% 1.1% 1.6% 1.3% 1.4%
Change in share count 0.6% −2.3% −2.1% −7.1% −3.1% −0.1% 0.1%

Median of all 32 companies we cover in diversified support services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 diversified support services companies
Measure Company Peer median Rank
Revenue growth Growth -0.4% 6.5% 27 of 32
Change in growth rate Growth +0.4pp +0.8pp 20 of 32
Operating margin Profitability 3.6% 4.5% 17 of 29
Net margin Profitability -0.2% 3.3% 21 of 32
Free-cash-flow margin Cash generation 5.1% 4.1% 15 of 31
Stock pay as % of revenue Cash generation 0.4% 1.4% 2 of 26
Long-term debt as % of assets Balance sheet 38.4% 33.7% 12 of 18
Change in share count Balance sheet 0.6% -0.1% 18 of 28
Days sales outstanding Balance sheet 19 days 60 days 4 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to October 3, 2025
Geography
Region Revenue Share YoY
United States $2.5B 91.0% ▼ 2.6%
Canada $245M 9.0% ▼ 1.8%

From Vestis Corp's 10-K filed December 2, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.8B
Institutions reporting
280
Shares held vs prior quarter
▼ 1.8%
Positions opened / closed
50 / 34

Top buyers and sellers, Q2 2026: 126 institutions bought and 130 sold ; the biggest buyer was Park West Asset Management LLC (+3.0M shares) and the biggest seller Alberta Investment Management Corp (−2.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Corvex Management LP $288M 19.8M 15.6% 0.0%
Blackrock, Inc. $232M 16.0M 12.6% ▲ 2.2%
FMR LLC $143M 9.8M 7.7% ▼ 7.1%
Alberta Investment Management Corp $79.9M 5.5M 4.3% ▼ 34.1%
Greenstone Partners & Co., LLC $74M 5.1M 4.0% 0.0%
Royal Bank Of Canada $72.4M 5.0M 3.9% ▼ 11.8%
Vanguard Capital Management LLC $72.2M 5.0M 3.9% ▲ 1.8%
Vanguard Portfolio Management LLC $65M 4.5M 3.5% ▲ 3.8%
State Street Corp $63M 4.3M 3.4% ▲ 4.2%
Dimensional Fund Advisors LP $62.2M 4.3M 3.4% ▲ 20.4%
Park West Asset Management LLC $44.1M 3.0M 2.4% New
Charles Schwab Investment Management Inc $42.3M 2.9M 2.3% ▼ 15.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Vestis Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $9.2M 8 trades by 4 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $9.2M net buying
Insider Date Trade Shares Price Value
Barber James J. President & CEO September 2, 2026 Buy 84,500 $12.37 $1M
Pertz Douglas A Director December 19, 2025 Buy 15,000 $6.90 $103,500
Pertz Douglas A Director December 18, 2025 Buy 10,000 $6.90 $69,000
Corvex Management Lp Director December 17, 2025 Buy 209,842 $6.79 $1.4M
Corvex Management Lp Director December 16, 2025 Buy 800,222 $6.81 $5.4M
Goetz William Director December 8, 2025 Buy 6,746 $7.42 $50,055
Barber James J. President & CEO December 4, 2025 Buy 82,367 $6.36 $523,854
Barber James J. President & CEO December 3, 2025 Buy 81,633 $6.34 $517,553

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 30, 2026 estimated from the company's past filing pattern, not announced

  • August 11, 2026
  • May 12, 2026
  • February 10, 2026
  • December 1, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Vestis Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Vestis Corp in brief

What does Vestis Corp do?
Vestis Corp is a US-listed company in the diversified support services industry. Its financial year ends in September.
What is Vestis Corp's stock ticker?
Vestis Corp trades under the ticker VSTS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Vestis Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Vestis Corp reported revenue of $2.7B, 0.4% lower than a year earlier, according to its SEC filings.
What is Vestis Corp's free cash flow?
Vestis Corp's free-cash-flow margin is 5.1% of revenue over the trailing twelve months, ranking 15 of the 31 diversified support services companies we cover.
What is Vestis Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Vestis Corp's free cash flow after stock-based pay gives ~$15 per share in the base case, and ~$9.3–$23 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Vestis Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Corvex Management LP, Blackrock, Inc. and FMR LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Vestis Corp's market cap?
On November 2, 2026, Vestis Corp's market capitalisation was about $1.9B and net debt of $1B. Market figures come from third-party market data and may be delayed.
Does Vestis Corp pay a dividend?
Vestis Corp reported no dividend payments in its trailing twelve months of filings.
How much debt does Vestis Corp have?
Vestis Corp's debt-to-equity ratio is 123.8%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Vestis Corp's competitors?
In our Diversified Support Services peer group, the companies closest to Vestis Corp are GEO Group Inc, Unifirst Corp, Corecivic, Inc., Willscot Holdings Corp and Openlane, Inc. The side-by-side comparison below sets their revenue, margins and growth against Vestis Corp's.
Are insiders buying or selling Vestis Corp stock?
Over the last 12 months, Vestis Corp's directors and officers reported 8 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Vestis Corp's next earnings date?
Around November 19, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Vestis Corp announces its own schedule.