A

Aramark

ARMK · CIK 0001584509

14 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$18.51B6.4%
FY2025
Net income (FY)
$326.4M24.3%
FY2025
Free cash flow (FY)
$431.8M44.4%
FY2025
Diluted EPS (FY)
$1.2223.2%
FY2025
The story, charted

The shape of the business

FY2012–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10B$20BFY2012 · Revenue $13.51B · Net income $103.6M · 0001584509-14-000122 · filed 2014-12-03FY12Revenue $13.51BNet income $103.6M0001584509-14-000122 · filed 2014-12-03FY2013 · Revenue $13.95B · Net income $69.4M · 0001584509-15-000215 · filed 2015-12-01FY13Revenue $13.95BNet income $69.4M0001584509-15-000215 · filed 2015-12-01FY2014 · Revenue $14.83B · Net income $149.0M · 0001584509-16-000514 · filed 2016-11-23FY14Revenue $14.83BNet income $149.0M0001584509-16-000514 · filed 2016-11-23FY2015 · Revenue $14.33B · Net income $235.9M · 0001584509-17-000247 · filed 2017-11-22FY15Revenue $14.33BNet income $235.9M0001584509-17-000247 · filed 2017-11-22FY2016 · Revenue $14.42B · Net income $287.8M · 0001584509-17-000247 · filed 2017-11-22 · 0001584509-18-000226 · filed 2018-11-21FY16Revenue $14.42BNet income $287.8M0001584509-17-000247 · filed 2017-11-22 · 0001584509-18-000226 · filed 2018-11-21FY2017 · Revenue $14.60B · Net income $373.9M · 0001584509-17-000247 · filed 2017-11-22 · 0001584509-19-000237 · filed 2019-11-26FY17Revenue $14.60BNet income $373.9M0001584509-17-000247 · filed 2017-11-22 · 0001584509-19-000237 · filed 2019-11-26FY2018 · Revenue $15.79B · Net income $567.9M · 0001584509-20-000230 · filed 2020-11-24FY18Revenue $15.79BNet income $567.9M0001584509-20-000230 · filed 2020-11-24FY2019 · Revenue $16.23B · Net income $448.5M · 0001584509-21-000256 · filed 2021-11-23FY19Revenue $16.23BNet income $448.5M0001584509-21-000256 · filed 2021-11-23FY2020 · Revenue $12.83B · Net income −$461.5M · 0001584509-22-000236 · filed 2022-11-22FY20Revenue $12.83BNet income −$461.5M0001584509-22-000236 · filed 2022-11-22FY2021 · Revenue $12.10B · Net income −$90.8M · 0001584509-23-000237 · filed 2023-11-21FY21Revenue $12.10BNet income −$90.8M0001584509-23-000237 · filed 2023-11-21FY2022 · Revenue $13.69B · Net income $194.5M · 0001584509-24-000212 · filed 2024-11-19FY22Revenue $13.69BNet income $194.5M0001584509-24-000212 · filed 2024-11-19FY2023 · Revenue $16.08B · Net income $674.1M · 0001584509-25-000219 · filed 2025-11-25FY23Revenue $16.08BNet income $674.1M0001584509-25-000219 · filed 2025-11-25FY2024 · Revenue $17.40B · Net income $262.5M · 0001584509-25-000219 · filed 2025-11-25FY24Revenue $17.40BNet income $262.5M0001584509-25-000219 · filed 2025-11-25FY2025 · Revenue $18.51B · Net income $326.4M · 0001584509-25-000219 · filed 2025-11-25FY25Revenue $18.51BNet income $326.4M0001584509-25-000219 · filed 2025-11-25FY25Revenue $18.51BNet income $326.4M0001584509-25-000219 · filed 2025-11-25FY13FY15FY17FY19FY21FY23FY25

revenue 1.4× since FY2012 · net margin 0.8% → 1.8%

MarginsNet marginFCF margin
0%FY2012 · Net margin 0.8% · FCF margin 2.5%FY12Net margin 0.8%FCF margin 2.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 0.5% · FCF margin 2.2%FY13Net margin 0.5%FCF margin 2.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 1.0% · FCF margin -1.0%FY14Net margin 1.0%FCF margin -1.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 1.6% · FCF margin 1.9%FY15Net margin 1.6%FCF margin 1.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 2.0% · FCF margin 2.5%FY16Net margin 2.0%FCF margin 2.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 2.6% · FCF margin 3.4%FY17Net margin 2.6%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 3.6% · FCF margin 2.7%FY18Net margin 3.6%FCF margin 2.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 2.8% · FCF margin 3.0%FY19Net margin 2.8%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin -3.6% · FCF margin -1.9%FY20Net margin -3.6%FCF margin -1.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin -0.8% · FCF margin 2.1%FY21Net margin -0.8%FCF margin 2.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 1.4% · FCF margin 2.8%FY22Net margin 1.4%FCF margin 2.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 4.2% · FCF margin 2.4%FY23Net margin 4.2%FCF margin 2.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 1.5% · FCF margin 1.7%FY24Net margin 1.5%FCF margin 1.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 1.8% · FCF margin 2.3%FY25Net margin 1.8%FCF margin 2.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 1.8%FCF margin 2.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’13’16’19’22’25

FY2025: net 1.8% · free cash flow 2.3% of revenue

Cash engineOperating cash flowFree cash flow
$0$500M$1BFY2012 · OCF $691.8M · FCF $337.2M · 0001584509-14-000122 · filed 2014-12-03FY12OCF $691.8MFCF $337.2M0001584509-14-000122 · filed 2014-12-03FY2013 · OCF $695.9M · FCF $303.0M · 0001584509-15-000215 · filed 2015-12-01FY13OCF $695.9MFCF $303.0M0001584509-15-000215 · filed 2015-12-01FY2014 · OCF $398.2M · FCF −$147.0M · 0001584509-16-000514 · filed 2016-11-23FY14OCF $398.2MFCF −$147.0M0001584509-16-000514 · filed 2016-11-23FY2015 · OCF $802.2M · FCF $277.8M · 0001584509-17-000247 · filed 2017-11-22FY15OCF $802.2MFCF $277.8M0001584509-17-000247 · filed 2017-11-22FY2016 · OCF $867.3M · FCF $354.8M · 0001584509-18-000226 · filed 2018-11-21FY16OCF $867.3MFCF $354.8M0001584509-18-000226 · filed 2018-11-21FY2017 · OCF $1.05B · FCF $500.1M · 0001584509-19-000237 · filed 2019-11-26FY17OCF $1.05BFCF $500.1M0001584509-19-000237 · filed 2019-11-26FY2018 · OCF $1.05B · FCF $423.3M · 0001584509-20-000230 · filed 2020-11-24FY18OCF $1.05BFCF $423.3M0001584509-20-000230 · filed 2020-11-24FY2019 · OCF $984.2M · FCF $481.1M · 0001584509-21-000256 · filed 2021-11-23FY19OCF $984.2MFCF $481.1M0001584509-21-000256 · filed 2021-11-23FY2020 · OCF $176.7M · FCF −$241.8M · 0001584509-22-000236 · filed 2022-11-22FY20OCF $176.7MFCF −$241.8M0001584509-22-000236 · filed 2022-11-22FY2021 · OCF $657.1M · FCF $249.3M · 0001584509-23-000237 · filed 2023-11-21FY21OCF $657.1MFCF $249.3M0001584509-23-000237 · filed 2023-11-21FY2022 · OCF $694.5M · FCF $382.6M · 0001584509-23-000237 · filed 2023-11-21FY22OCF $694.5MFCF $382.6M0001584509-23-000237 · filed 2023-11-21FY2023 · OCF $766.4M · FCF $382.9M · 0001584509-23-000237 · filed 2023-11-21FY23OCF $766.4MFCF $382.9M0001584509-23-000237 · filed 2023-11-21FY2024 · OCF $726.5M · FCF $299.1M · 0001584509-25-000219 · filed 2025-11-25FY24OCF $726.5MFCF $299.1M0001584509-25-000219 · filed 2025-11-25FY2025 · OCF $921.0M · FCF $431.8M · 0001584509-25-000219 · filed 2025-11-25FY25OCF $921.0MFCF $431.8M0001584509-25-000219 · filed 2025-11-25FY25OCF $921.0MFCF $431.8M0001584509-25-000219 · filed 2025-11-25’13’16’19’22’25

FY2025: $921.0M operating cash − $489.2M capex = $431.8M free cash flow

Returns on capitalReturn on equityReturn on assets
0%20%FY2013 · ROE 7.7% · ROA 0.7%FY13ROE 7.7%ROA 0.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 8.7% · ROA 1.4%FY14ROE 8.7%ROA 1.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 12.5% · ROA 2.3%FY15ROE 12.5%ROA 2.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 13.3% · ROA 2.7%FY16ROE 13.3%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 15.2% · ROA 3.4%FY17ROE 15.2%ROA 3.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 18.7% · ROA 4.1%FY18ROE 18.7%ROA 4.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 13.5% · ROA 3.3%FY19ROE 13.5%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE -16.9% · ROA -2.9%FY20ROE -16.9%ROA -2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE -3.3% · ROA -0.6%FY21ROE -3.3%ROA -0.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 6.4% · ROA 1.3%FY22ROE 6.4%ROA 1.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 18.2% · ROA 4.0%FY23ROE 18.2%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 8.6% · ROA 2.1%FY24ROE 8.6%ROA 2.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 10.4% · ROA 2.5%FY25ROE 10.4%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 10.4%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assets’13’16’19’22’25

return on equity 8% (FY2013) → 10% (FY2025) · on assets 2.5%

The receipts