Aramark (Aramark) Debt-to-Equity

: 2.20 (As of Dec. 2023)

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Aramark's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $92 Mil. Aramark's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,175 Mil. Aramark's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,847 Mil. Aramark's debt to equity for the quarter that ended in Dec. 2023 was 2.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Aramark's Debt-to-Equity or its related term are showing as below:

ARMK' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.01 Med: 2.68 Max: 3.54
Current: 2.2

During the past 13 years, the highest Debt-to-Equity Ratio of Aramark was 3.54. The lowest was 2.01. And the median was 2.68.

ARMK's Debt-to-Equity is ranked worse than
88.08% of 931 companies
in the Business Services industry
Industry Median: 0.4 vs ARMK: 2.20

Aramark Debt-to-Equity Historical Data

The historical data trend for Aramark's Debt-to-Equity 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 Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

2.01

3.54

2.88

2.57

2.32

Aramark Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																2.71	2.64	2.26	2.32	2.20

Competitive Comparison

For the Specialty Business Services subindustry, Aramark's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aramark Debt-to-Equity Distribution

For the Business Services industry and Industrials sector, Aramark's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aramark's Debt-to-Equity falls into.

Aramark Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aramark's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1668.148	+	6958.527)	/	3712.718
	=	2.32

Aramark's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(91.691	+	6174.64)	/	2846.634
	=	2.20

Aramark (NYSE:ARMK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Aramark Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Aramark's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Aramark (Aramark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aramark (NYSE:ARMK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0AK:Germany 0AK:Germany

Address

2400 Market Street, Philadelphia, PA, USA, 19103

Website

https://www.aramark.com

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