$ARMK

Aramark

CIK:0001584509|SEC Filings

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 03, 2026	Jun. 27, 2025	Jul. 03, 2026	Jun. 27, 2025
Income Statement [Abstract]
Revenue	$ 5,057,909	$ 4,626,451	$ 14,796,800	$ 13,457,835
Costs and Expenses:
Cost of services provided (exclusive of depreciation and amortization)	4,627,572	4,256,343	13,523,893	12,327,229
Depreciation and amortization	136,124	121,822	394,238	352,085
Selling and general corporate expenses	78,627	65,699	225,785	204,495
Total costs and expenses	4,842,323	4,443,864	14,143,916	12,883,809
Operating income	215,586	182,587	652,884	574,026
Interest Expense, net	79,856	86,401	244,016	251,909
Income Before Income Taxes	135,730	96,186	408,868	322,117
Provision for Income Taxes	37,896	24,234	112,393	82,489
Net income	97,834	71,952	296,475	239,628
Less: Net income attributable to noncontrolling interests	176	169	706	372
Net income attributable to Aramark stockholders	$ 97,658	$ 71,783	$ 295,769	$ 239,256
Earnings per share attributable to Aramark stockholders:
Basic (in dollars per share)	$ 0.37	$ 0.27	$ 1.12	$ 0.91
Diluted (in dollars per share)	$ 0.36	$ 0.27	$ 1.11	$ 0.90
Weighted Average Shares Outstanding:
Basic (in shares)	263,588	262,660	263,292	264,118
Diluted (in shares)	268,535	265,347	267,191	267,180

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jul. 03, 2026	Jun. 27, 2025
Cash flows from operating activities:
Net income	$ 296,475	$ 239,628
Adjustments to reconcile Net income to Net cash used in operating activities:
Depreciation and amortization	394,238	352,085
Asset write-downs	6,058	0
Increase in contingent consideration liability (see Note 11)	0	11,127
Deferred income taxes	60,841	(263)
Share-based compensation expense	54,109	44,721
Changes in operating assets and liabilities
Receivables	(287,420)	(207,828)
Inventories	(10,538)	1,361
Prepayments and Other Current Assets	(20,117)	(33,163)
Accounts Payable	(389,386)	(275,591)
Accrued Expenses	(269,923)	(344,116)
Payments made to clients on contracts	(189,890)	(99,453)
Other operating activities	90,798	56,965
Net cash used in operating activities	(264,755)	(254,527)
Cash flows from investing activities:
Purchases of property and equipment and other	(335,801)	(347,039)
Disposals of property and equipment	12,415	4,325
Acquisition of certain businesses, net of cash acquired	(94,383)	(263,043)
Acquisition of certain equity investments	(23,376)	0
Other investing activities	5,281	(8,421)
Net cash used in investing activities	(435,864)	(614,178)
Cash flows from financing activities:
Proceeds from long-term borrowings	5,722	1,827,322
Payments of long-term borrowings	(98,433)	(1,851,545)
Net change in Revolving Credit Facility	187,193	394,715
Net change in funding under the Receivables Facility	625,000	570,000
Payments of dividends	(94,678)	(83,222)
Proceeds from issuance of common stock	43,176	36,427
Repurchase of common stock	(67,235)	(140,156)
Payments for contingent considerations	(35,554)	(25,191)
Other financing activities	(1,583)	(48,973)
Net cash provided by financing activities	563,608	679,377
Effect of foreign exchange rates on cash and cash equivalents and restricted cash	(1,455)	14,419
Decrease in cash and cash equivalents and restricted cash	(138,466)	(174,909)
Cash and cash equivalents and restricted cash, beginning of period	707,144	732,613
Cash and cash equivalents and restricted cash, end of period	568,678	557,704
Supplemental disclosure of cash flow information
Interest paid	222,441	226,652
Income taxes paid	68,921	109,252
Balance Sheet classification
Cash and cash equivalents	499,425	501,485
Restricted cash in Prepayments and other current assets	69,253	56,219
Cash and cash equivalents and restricted cash, end of period	$ 568,678	$ 557,704

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 03, 2026	Oct. 03, 2025
Current Assets:
Cash and cash equivalents	$ 499,425	$ 639,095
Receivables (less allowances: $35,460 and $31,728)	2,582,676	2,210,388
Inventories	433,618	418,766
Prepayments and other current assets	340,215	254,642
Total current assets	3,855,934	3,522,891
Property and Equipment, net	1,739,649	1,734,489
Goodwill	4,996,446	4,874,670
Other Intangible Assets	1,921,828	1,874,067
Operating Lease Right-of-use Assets	844,890	701,839
Other Assets	615,190	596,673
Total assets	13,973,937	13,304,629
Current Liabilities:
Current maturities of long-term borrowings	34,917	31,543
Current operating lease liabilities	67,905	60,744
Accounts payable	1,139,097	1,522,747
Accrued payroll and related expenses	511,808	542,025
Accrued expenses and other current liabilities	1,247,501	1,389,663
Total current liabilities	3,001,228	3,546,722
Long-Term Borrowings	6,094,909	5,374,394
Noncurrent Operating Lease Liabilities	270,166	255,305
Deferred Income Taxes	487,947	410,866
Other Noncurrent Liabilities	655,563	555,153
Commitments and Contingencies (see Note 9)
Redeemable Noncontrolling Interests	69,918	14,130
Stockholders' Equity:
Common stock, par value $0.01 (authorized: 600,000,000 shares; issued: 310,567,479 shares and 308,092,122 shares; and outstanding: 263,561,621 shares and 262,899,495 shares)	3,106	3,081
Capital surplus	4,137,343	4,036,283
Retained earnings	652,311	453,283
Accumulated other comprehensive loss	(151,856)	(167,406)
Treasury stock (held in treasury: 47,005,858 shares and 45,192,627 shares)	(1,246,698)	(1,177,182)
Total stockholders' equity	3,394,206	3,148,059
Total liabilities and stockholders' equity	$ 13,973,937	$ 13,304,629