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Aramark (Aramark) Goodwill : $4,661 Mil (As of Dec. 2023)


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What is Aramark Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Aramark's goodwill for the quarter that ended in Dec. 2023 was $4,661 Mil.


Aramark Goodwill Historical Data

The historical data trend for Aramark's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aramark Goodwill Chart

Aramark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,518.80 5,343.83 5,487.30 5,515.12 5,579.53

Aramark Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,554.02 5,581.99 5,594.34 5,579.53 4,661.02

Aramark Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Aramark  (NYSE:ARMK) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Aramark's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Goodwill-to-Asset (A: Sep. 2023 )=Goodwill/Total Assets
=5579.53/16871.241
=0.33

Aramark's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=4661.02/12419.449
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Aramark Goodwill Related Terms

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Aramark (Aramark) Business Description

Traded in Other Exchanges
Address
2400 Market Street, Philadelphia, PA, USA, 19103
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
Executives
Lauren A Harrington officer: SVP and General Counsel ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Marc A Bruno officer: COO, U.S. Food & Facilities C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Kevin Wills director 750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211
Abigail Charpentier officer: SVP & Chief HR Officer 2400 MARKET STREET, PHIADELPHIA PA 19103
Lynn Mckee officer: See Remarks
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Kenneth M Keverian director IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Christopher T. Schilling officer: SVP, Controller and CAO 2400 MARKET STREET, PHILADELPHIA PA 19103
Bridgette P Heller director TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Keith Bethel officer: Chief Growth Officer C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Thomas Gerard Ondrof officer: Executive VP and CFO C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Stephen I Sadove director
Karen Marie King director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
Mantle Ridge Lp other: Director by deputization 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019