← Aramark
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $38.8m | $447.1m | $261.9m | $326.9m | |
| Net income from Continuing Operations | — | — | — | — | — | — | $38.8m | $447.1m | $261.9m | $326.9m | |
| Net Income (Loss) Attributable to Parent | $287.8m | $373.9m | $567.9m | $448.5m | ($461.5m) | ($90.8m) | $194.5m | $674.1m | $262.5m | $326.4m | |
| Cash and cash equivalents in current assets of discontinued operations | — | — | — | — | — | — | — | — | $36.1m | $36.1m | |
| Net cash provided by Discontinued Operations | — | — | — | — | — | — | $122.8m | $243.4m | $0 | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $287.8m | — | — | — | — | — | $38.8m | $447.1m | $262.5m | $326.4m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $38.8m | $447.1m | $261.9m | $326.9m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $0 | $0 | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $426k | $264k | $555k | ($83k) | $94k | ($1.4m) | ($307k) | ($578k) | ($629k) | $476k | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $288.2m | $374.2m | $568.4m | $448.5m | ($461.4m) | ($92.2m) | $194.2m | $673.5m | $261.9m | $326.9m | |
| Amortization of Intangible Assets | $99.0m | $87.9m | $112.1m | $117.0m | $117.6m | $116.5m | $108.7m | $115.5m | $107.1m | $124.6m | |
| Depreciation | $234.8m | $237.9m | $270.0m | $421.4m | $418.3m | $378.3m | $367.1m | $371.7m | $276.2m | $302.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $398.0m | $409.9m | $435.5m | $476.3m | |
| Depreciation, Depletion and Amortization | $495.8m | $508.2m | $596.2m | $592.6m | $595.2m | $550.7m | $532.3m | $546.4m | $435.5m | $476.3m | |
| Deferred Income Tax | — | — | — | — | — | — | $15.9m | $100.2m | ($7.3m) | $14.2m | |
| Deferred Income Tax Expense (Benefit) | $52.4m | ($37.9m) | ($104.3m) | $40.5m | ($134.0m) | ($43.2m) | $35.4m | $114.5m | ($7.3m) | $14.2m | |
| Deferred Tax | — | — | — | — | — | — | $15.9m | $100.2m | ($7.3m) | $14.2m | |
| Deferred income taxes | $52.4m | ($37.9m) | ($104.3m) | $40.5m | ($134.0m) | ($43.2m) | $35.4m | $114.5m | ($7.3m) | $14.2m | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $29.9m | $18.2m | $8.9m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | — | $19.5m | |
| Goodwill, Impairment Loss | — | — | — | — | $198.6m | $0 | $0 | — | — | — | |
| Share-based Payment Arrangement, Expense | $56.9m | $65.2m | $88.3m | $55.3m | $30.3m | $71.1m | $95.5m | $86.9m | $62.6m | $58.6m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | $0 | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $56.9m | $65.2m | $88.3m | $55.3m | $30.3m | $71.1m | $95.5m | $86.9m | $62.6m | $58.6m | |
| Share-based compensation expense | $56.9m | $65.2m | $88.3m | $55.3m | $30.3m | $71.1m | $95.5m | $86.9m | $62.6m | $58.6m | |
| Acquisition of certain equity investments | — | — | — | — | $0 | $0 | ($64.0m) | ($4.0m) | ($34.2m) | ($25.9m) | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | $137.9m | $0 | $427.8m | ($25.1m) | $19.5m | |
| Gain (Loss) on Disposition of Business | — | — | — | $156.3m | $0 | $0 | — | — | — | — | |
| Income Tax Expense (Benefit) | $142.7m | $146.5m | ($96.6m) | $107.7m | ($186.3m) | ($40.6m) | $61.5m | $177.6m | $103.0m | $103.6m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $389.2m | $364.4m | |
| Loss (Gain) on equity investments, net (see Note 1) | — | — | — | — | — | — | $0 | ($376.0m) | ($25.1m) | $19.5m | |
| Operating Lease, Expense | — | — | — | — | $375.0m | $325.3m | $745.6m | $903.4m | $1.0b | $1.1b | |
| Proceeds from sale of equity investments | — | — | — | — | — | $0 | $0 | $685.0m | $101.2m | $0 | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | ($24.2m) | $94.0m | $26.7m | $17.7m | ($342.1m) | $252.2m | $421.8m | $92.6m | $105.9m | $115.6m | |
| Accrued expenses | $35.6m | $26.8m | ($111.4m) | $193.5m | ($143.6m) | $261.2m | $7.5m | $82.4m | $14.4m | $80.5m | |
| Asset write-downs | — | — | $0 | $0 | $283.7m | $0 | $0 | $37.6m | $18.2m | $8.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $587.1m | $365.4m | $2.0b | $732.6m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($34.6m) | $659.6m | ($1.6b) | ($234.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($745.2m) | $223.7m | ($415.9m) | ($722.4m) | |
| Cash Flow From Discontinued Operation | — | — | — | — | — | — | $122.8m | $243.4m | $0 | $0 | |
| Change In Account Payable | — | — | — | — | — | — | $392.3m | $115.4m | $105.9m | $115.6m | |
| Change In Accrued Expense | — | — | — | — | — | — | $40.7m | $87.2m | $14.4m | $80.5m | |
| Change In Inventory | — | — | — | — | — | — | ($77.4m) | ($35.3m) | ($3.8m) | ($24.1m) | |
| Change In Payable | — | — | — | — | — | — | $392.3m | $115.4m | $105.9m | $115.6m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $433.1m | $202.6m | $120.3m | $196.1m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($1.2m) | ($9.4m) | ($2.7m) | ($46.1m) | |
| Change In Receivables | — | — | — | — | — | — | ($410.8m) | ($177.9m) | ($99.8m) | ($74.5m) | |
| Change In Working Capital | — | — | — | — | — | — | ($56.3m) | ($19.9m) | $14.0m | $51.4m | |
| Changes In Account Receivables | — | — | — | — | — | ($290.2m) | ($462.7m) | ($201.5m) | — | — | |
| Changes In Cash | — | — | — | — | — | — | ($193.0m) | $1.6b | ($1.3b) | ($36.0m) | |
| Changes in other assets | ($10.2m) | ($9.3m) | ($2.2m) | ($41.4m) | $66.7m | $4.2m | ($6.9m) | $27.9m | $58.9m | $63.8m | |
| Changes in other noncurrent liabilities | ($33.7m) | $32.0m | $1.6m | $18.9m | $92.8m | ($17.4m) | $14.9m | $13.9m | ($1.2m) | ($15.6m) | |
| Disposals of property and equipment | ($33.0m) | ($2.3m) | ($283.4m) | $23.0m | $23.6m | $10.0m | $23.6m | $29.2m | $23.9m | $22.7m | |
| Distribution from Vestis | — | — | — | — | — | — | $0 | $1.5b | $0 | $0 | |
| End Cash Position | — | — | — | — | — | — | $365.4m | $2.0b | $732.6m | $707.1m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $427.8m | $25.1m | ($19.5m) | |
| Financing Cash Flow | — | — | — | — | — | — | ($34.6m) | $659.6m | ($1.6b) | ($234.6m) | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | ($3.8m) | ($4.9m) | ($2.5m) | ($1.8m) | ($3.5m) | ($10.4m) | — | — | |
| Free Cash Flow | — | — | — | — | — | — | $152.0m | $128.1m | $299.1m | $431.8m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($137.9m) | — | ($376.0m) | ($25.1m) | $19.5m | |
| Goodwill | $4.6b | $4.7b | $5.6b | $5.5b | $5.3b | $5.5b | $5.5b | $5.6b | $4.7b | $4.9b | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | — | $105.9m | $115.6m | |
| Increase (Decrease) in Accounts Receivable | $32.9m | $111.4m | $45.9m | $78.8m | ($362.7m) | $290.2m | $462.7m | $201.5m | $99.8m | $74.5m | |
| Increase (Decrease) in Inventories | $9.6m | $21.1m | $40.2m | $49.7m | $25.7m | $7.5m | $71.5m | $37.9m | $3.8m | $24.1m | |
| Inventories | ($9.6m) | ($21.1m) | ($40.2m) | ($49.7m) | ($25.7m) | ($7.5m) | ($71.5m) | ($37.9m) | ($3.8m) | ($24.1m) | |
| Inventory Write-down | — | — | — | — | — | $25.4m | $19.6m | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($745.2m) | $223.7m | ($415.9m) | ($722.4m) | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $22.5m | $22.5m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $43.0m | $45.6m | $36.6m | $43.0m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($386.8m) | $579.0m | ($81.7m) | ($289.4m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($295.6m) | ($365.5m) | ($403.5m) | ($466.6m) | |
| Net change in funding under the Receivables Facility | ($82.0m) | ($13.8m) | ($254.2m) | $0 | $315.6m | ($315.6m) | $104.9m | ($104.9m) | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | ($77.1m) | — | ($376.0m) | ($25.1m) | $19.5m | |
| Other Non Cash Items | — | — | — | — | — | — | ($14.7m) | ($155.8m) | ($33.3m) | ($34.8m) | |
| Other operating activities | $52.9m | $37.3m | $27.7m | $4.3m | $8.2m | $44.5m | $15.3m | ($17.4m) | $56.7m | $28.9m | |
| Payments for contingent considerations | — | — | — | — | — | — | — | ($1.5m) | ($12.8m) | ($33.6m) | |
| Payments made to clients on contracts | — | $0 | $0 | ($40.1m) | ($69.6m) | ($100.9m) | ($56.9m) | ($119.2m) | ($139.0m) | ($123.1m) | |
| Payments of long-term borrowings | ($1.4b) | ($3.9b) | ($973.7m) | ($654.6m) | ($1.0b) | ($2.5b) | ($152.3m) | ($1.9b) | ($2.0b) | ($1.9b) | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $60.9m | $0 | $0 | — | — | |
| Prepayments and other current assets | ($64.7m) | $95.5m | $42.5m | ($37.9m) | ($86.4m) | $101.9m | ($3.8m) | ($8.3m) | ($2.7m) | ($46.1m) | |
| Proceeds from long-term borrowings | $1.4b | $3.9b | $3.2b | $77.6m | $3.2b | $894.0m | $100.1m | $2.8b | $571.3m | $2.0b | |
| Proceeds from marketable securities | — | — | — | — | — | $0 | $0 | $80.0m | $186.4m | $43.9m | |
| Purchase Of Business | — | — | — | — | — | — | ($386.8m) | ($54.2m) | ($182.9m) | ($289.4m) | |
| Purchase Of PPE | $512.5m | $552.7m | $628.6m | $503.1m | $418.5m | $407.8m | ($311.9m) | ($383.5m) | ($427.4m) | ($489.2m) | |
| Purchases of marketable securities | — | — | — | — | $0 | $0 | ($78.2m) | ($110.0m) | ($113.3m) | $0 | |
| Purchases of property and equipment and other | ($512.5m) | ($552.7m) | ($628.6m) | ($503.1m) | ($418.5m) | ($407.8m) | ($388.4m) | ($461.4m) | ($427.4m) | ($489.2m) | |
| Receivables, net | ($32.9m) | ($111.4m) | ($45.9m) | ($78.8m) | $362.7m | ($290.2m) | ($462.7m) | ($201.5m) | ($99.8m) | ($74.5m) | |
| Reduction of contingent consideration liability | — | — | — | — | $0 | $0 | ($20.7m) | ($97.3m) | ($8.7m) | $11.1m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($23.7m) | ($14.4m) | ($169.8m) | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $15.8b | $16.2b | $12.8b | $12.1b | $16.3b | $18.9b | $17.4b | $18.5b | |
| Sale Of Business | — | — | — | — | — | — | $0 | $633.2m | $101.2m | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $16.3m | $18.1m | $23.9m | $22.7m | |
| Stock Based Compensation | — | — | — | — | — | — | $82.3m | $76.3m | $62.6m | $58.6m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | ($3.3m) | ($283k) | $0 | ($61.7m) | $0 | $0 | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | — | ($60.9m) | $0 | $0 | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($25.3m) | ($14.4m) | $2.2m | $171k | ($40.4m) | ($42.5m) | ($24.8m) | $58.8m | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($21.2m) | ($10.1m) | ($3.7m) | $4.8m | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $806.6m | $1.1b | $1.0b | $984.2m | $176.7m | $657.1m | $694.5m | $766.4m | $0 | $0 | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($311.9m) | ($383.5m) | ($427.4m) | ($489.2m) | |
| Acquisition of certain businesses, net of cash acquired | — | — | — | ($44.9m) | ($22.2m) | ($265.8m) | ($340.0m) | ($50.2m) | ($148.7m) | ($263.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $199.4m | $142.1m | $2.2b | $44.9m | $22.2m | $265.8m | $340.0m | $50.2m | $148.7m | $263.6m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($78.2m) | ($30.0m) | $73.1m | $43.9m | |
| Purchase Of Investment | — | — | — | — | — | — | ($78.2m) | ($110.0m) | ($113.3m) | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $80.0m | $186.4m | $43.9m | |
| Net Other Investing Changes | — | — | — | — | — | — | $15.5m | $40.1m | ($3.8m) | ($10.3m) | |
| Other investing activities | $5.3m | ($2.5m) | ($6.9m) | $3.8m | $2.0m | ($3.3m) | $15.7m | $40.2m | ($3.8m) | ($10.3m) | |
| Payments for (Proceeds from) Other Investing Activities | ($5.3m) | $2.5m | $6.9m | ($3.8m) | ($2.0m) | $3.3m | ($15.7m) | ($40.2m) | $3.8m | $10.3m | |
| Net cash (used in) provided by investing activities of Continuing Operations | — | — | — | — | — | — | ($745.2m) | $223.7m | ($415.9m) | ($722.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($679.7m) | ($678.5m) | ($2.9b) | ($209.5m) | ($361.1m) | ($634.4m) | ($831.3m) | $208.9m | $0 | $0 | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $205.0m | $1.3b | $571.3m | $2.0b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $205.0m | $1.3b | $571.3m | $2.0b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $80.7m | ($720.7m) | ($1.4b) | $45.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $80.7m | ($720.7m) | ($1.4b) | $45.8m | |
| Proceeds from Issuance of Long-term Debt | $1.4b | $3.9b | $3.2b | $77.6m | $3.2b | $894.0m | $100.1m | $2.8b | $571.3m | $2.0b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($124.3m) | ($2.0b) | ($2.0b) | ($1.9b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($124.3m) | ($2.0b) | ($2.0b) | ($1.9b) | |
| Common Stock Issuance | — | — | — | — | — | — | $43.0m | $45.6m | $36.6m | $43.0m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $43.0m | $21.9m | $22.2m | ($126.9m) | |
| Proceeds from Issuance of Common Stock | $35.7m | $28.8m | $21.5m | $39.1m | $90.0m | $41.6m | $49.3m | $47.0m | $36.6m | $43.0m | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($23.7m) | ($14.4m) | ($169.8m) | |
| Payments for Repurchase of Common Stock | $749k | $100.0m | $24.4m | $50.0m | $6.5m | $0 | $0 | $23.7m | $14.4m | $169.8m | |
| Payments of Ordinary Dividends, Common Stock | $92.1m | $100.8m | $103.1m | $108.4m | $110.9m | $112.0m | $113.1m | $114.6m | $99.9m | $110.8m | |
| Repurchase of common stock | ($749k) | ($100.0m) | ($24.4m) | ($50.0m) | ($6.5m) | $0 | $0 | ($23.7m) | ($14.4m) | ($169.8m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($113.1m) | ($114.6m) | ($99.9m) | ($110.8m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($113.1m) | ($114.6m) | ($99.9m) | ($110.8m) | |
| Payments of Dividends | $92.1m | $100.8m | $103.1m | $108.4m | $110.9m | $112.0m | $113.1m | $114.6m | $99.9m | $110.8m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($45.1m) | $1.5b | ($51.2m) | ($42.7m) | |
| Other financing activities | $5.9m | ($42.3m) | ($49.3m) | ($38.6m) | ($90.0m) | ($59.7m) | ($26.5m) | ($30.5m) | ($65.6m) | ($9.1m) | |
| Proceeds from (Payments for) Other Financing Activities | $5.9m | ($42.3m) | ($49.3m) | ($38.6m) | ($90.0m) | ($59.7m) | ($26.5m) | ($30.5m) | ($65.6m) | ($9.1m) | |
| Net cash (used in) provided by financing activities of Continuing Operations | — | — | — | — | — | — | ($34.6m) | $659.6m | ($1.6b) | ($234.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($96.7m) | ($288.7m) | $1.8b | ($734.9m) | $2.4b | ($2.0b) | ($37.7m) | $653.6m | $0 | $0 | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($28.7m) | $4.7m | $10.8m | $10.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $561k | ($4.5m) | ($8.2m) | $9.5m | $6.0m | ($28.7m) | $4.7m | $10.8m | $10.5m | |
| Effect of foreign exchange rates on cash and cash equivalents and restricted cash | — | $561k | ($4.5m) | ($8.2m) | $9.5m | $6.0m | ($28.7m) | $4.7m | $10.8m | $10.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $561k | ($4.5m) | $31.6m | $2.3b | ($2.0b) | ($203.1m) | $1.6b | ($1.2b) | ($25.5m) | |
| (Decrease) increase in cash and cash equivalents and restricted cash | — | $86.2m | ($23.8m) | $31.6m | $2.3b | ($2.0b) | ($203.1m) | $1.6b | ($1.2b) | ($25.5m) | |
| Cash and cash equivalents and restricted cash, beginning of period | — | $238.8m | $215.0m | $246.6m | $2.5b | $532.6m | $329.5m | $2.0b | $732.6m | $732.6m | |
| Cash and cash equivalents and restricted cash, end of period | — | — | — | — | — | — | — | $2.0b | $732.6m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $561k | ($4.5m) | $246.6m | $2.5b | $532.6m | $329.5m | $2.0b | $732.6m | $707.1m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($221.7m) | $1.6b | ($1.2b) | ($25.5m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $307.1m | $306.2m | $353.6m | $369.7m | $333.3m | $410.5m | $333.5m | $328.9m | |
| Income Taxes Paid, Net | — | — | ($1.1m) | $139.3m | $40.2m | ($104.9m) | $16.2m | $47.0m | $116.2m | $116.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.