Vestis Corporation (VSTS) Key Metrics
VSTS valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $1.83B
- Enterprise value
- $3.11B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.7 10-yr median 0.7
- Price / book
- 2.1 10-yr median 2.2
- EV / EBITDA
- 14.0 10-yr median 10.4
- Dividend yield
- —
- Beta
- 1.07
VSTS key metrics, FY2020–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsVSTS valuation Price multiples at each fiscal year-end price.
VSTS returns How much profit the business earns on the capital it uses.
VSTS per-share figures Results divided by the shares outstanding at year-end.
VSTS financial health Debt, liquidity and how easily interest is covered.
VSTS efficiency & capital use Working capital cycle and where the cash goes.
VSTS valuation history
VSTS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VSTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VSTS cash returned to shareholders
VSTS price vs earnings per share
VSTS key metrics
FY2020–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $596.8M | $1.96B | $2.52B | — | — | — |
| Enterprise value | $1.99B | $3.31B | $4.17B | — | — | — |
| P/E ratio | — | 93.6 | 11.8 | — | — | — |
| Price / sales | 0.2 | 0.7 | 0.9 | — | — | — |
| Price / book | 0.7 | 2.2 | 2.9 | — | — | — |
| Price / free cash flow | 103.5 | 5.0 | 14.1 | — | — | — |
| Price / operating cash flow | 9.3 | 4.2 | 9.8 | — | — | — |
| EV / sales | 0.7 | 1.2 | 1.5 | — | — | — |
| EV / EBITDA | 10.4 | 11.1 | 10.2 | — | — | — |
| EV / free cash flow | 344.2 | 8.4 | 23.3 | — | — | — |
| Earnings yield | −6.7% | 1.1% | 8.4% | — | — | — |
| Free cash flow yield | 1.0% | 20.0% | 7.1% | — | — | — |
| Dividend yield | 2.3% | 1.0% | 66.9% | — | — | — |
| Shareholder yield (dividends + buybacks) | 2.3% | 1.0% | 66.9% | — | — | — |
| Share price at fiscal year-end | $4.53 | $14.90 | $19.30 | — | — | — |
| Per share | ||||||
| Revenue per share | $20.76 | $21.29 | $21.61 | $20.69 | $18.75 | $19.56 |
| Earnings per share | −$0.31 | $0.16 | $1.63 | $1.09 | $0.57 | $0.85 |
| Operating cash flow per share | $0.49 | $3.58 | $1.97 | $1.79 | $1.87 | $1.77 |
| Free cash flow per share | $0.04 | $2.98 | $1.37 | $1.20 | $1.18 | $1.32 |
| Cash per share | $0.23 | $0.24 | $0.28 | $0.18 | $0.31 | — |
| Book value per share | $6.57 | $6.85 | $6.71 | $17.99 | $17.80 | — |
| Tangible book value per share | −$2.16 | −$2.08 | −$2.48 | $8.53 | $8.32 | — |
| Dividends per share | $0.10 | $0.15 | $12.92 | $1.04 | $0.73 | $1.09 |
| Capex per share | $0.44 | $0.60 | $0.60 | $0.59 | $0.69 | $0.44 |
| Debt per share | $10.77 | $10.47 | $12.91 | $1.40 | $1.39 | — |
| Shares outstanding | 131.8M | 131.8M | 130.7M | 129.9M | 131.0M | 131.0M |
| Change in shares outstanding | −0.0% | +0.8% | +0.7% | −0.9% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −4.5% | 2.4% | 13.3% | 6.1% | 3.2% | — |
| Return on invested capital (ROIC) | 2.3% | 4.3% | 6.9% | 5.8% | 3.0% | — |
| Return on assets (ROA) | −1.4% | 0.7% | 6.8% | 4.5% | 2.4% | — |
| Return on tangible assets | −2.3% | 1.2% | 10.9% | 7.4% | 4.0% | — |
| Free cash flow margin | 0.2% | 14.0% | 6.3% | 5.8% | 6.3% | 6.8% |
| Income quality (OCF / net income) | — | 22.50 | 1.21 | 1.64 | 3.29 | 2.07 |
| Financial health | ||||||
| Total debt | $1.42B | $1.38B | $1.69B | $182.2M | $181.6M | — |
| Cash & short-term investments | $29.7M | $31.0M | $36.1M | $23.7M | $41.1M | — |
| Net debt | $1.39B | $1.35B | $1.65B | $158.4M | $140.5M | — |
| Debt / equity | 1.64 | 1.53 | 1.92 | 0.08 | 0.08 | — |
| Debt / assets | 0.49 | 0.47 | 0.53 | 0.06 | 0.06 | — |
| Net debt / EBITDA | 7.27 | 4.51 | 4.05 | 0.48 | 0.61 | — |
| Current ratio | 2.08 | 1.78 | 2.58 | 2.45 | 2.43 | — |
| Quick ratio | 0.65 | 0.55 | 1.13 | 1.02 | 0.98 | — |
| Interest coverage | 0.7 | 1.2 | — | 84.2 | — | 726.8 |
| Working capital | $441.1M | $357.2M | $624.4M | $585.1M | $548.6M | — |
| Invested capital | $2.25B | $2.25B | $2.53B | $2.49B | $2.47B | — |
| Tangible asset value | −$284.9M | −$273.6M | −$324.8M | $1.11B | $1.09B | — |
| Net current asset value | −$1.19B | −$1.22B | −$1.26B | $190.1M | $155.5M | — |
| Graham number | — | $4.95 | $15.69 | $21.01 | $15.07 | — |
| Graham net-net per share | −$12.12 | −$12.03 | −$12.71 | −$1.61 | −$1.67 | — |
| Capital allocation | ||||||
| Dividends paid | $13.8M | $19.9M | $1.69B | $134.5M | $95.6M | $143.0M |
| Dividend payout ratio | — | 94.7% | 792.3% | 94.9% | 128.7% | 128.1% |
| Dividends + buybacks / free cash flow | 239.6% | 5.1% | 943.0% | 86.0% | 62.0% | 82.6% |
| Capex / revenue | 2.1% | 2.8% | 2.8% | 2.8% | 3.7% | 2.3% |
| Capex / operating cash flow | 91.0% | 16.7% | 30.3% | 32.8% | 36.9% | 25.1% |
| Capex / depreciation | 0.41 | 0.56 | 0.57 | 0.57 | 0.68 | 0.42 |
| Stock-based compensation / revenue | 0.4% | 0.6% | 0.5% | 0.6% | 0.6% | 0.3% |
| SG&A / revenue | 18.9% | 18.4% | 17.7% | 16.9% | 18.8% | 18.0% |
| Efficiency | ||||||
| Days sales outstanding | 22.7 | 37.1 | 49.2 | 46.6 | 47.1 | — |
| Days of inventory on hand | 104.0 | 104.1 | 106.6 | 108.3 | 115.2 | — |
| Days payables outstanding | 29.2 | 27.3 | 27.9 | 28.7 | 27.6 | — |
| Cash conversion cycle (days) | 97.5 | 113.9 | 127.8 | 126.2 | 134.7 | — |
| Receivables turnover | 16.11 | 9.84 | 7.42 | 7.83 | 7.74 | — |
| Payables turnover | 12.51 | 13.37 | 13.06 | 12.71 | 13.24 | — |
| Inventory turnover | 3.51 | 3.51 | 3.43 | 3.37 | 3.17 | — |
| Asset turnover | 0.94 | 0.92 | 0.90 | 0.86 | 0.79 | — |
| Average receivables | $169.8M | $285.1M | $380.8M | $343.0M | $317.3M | — |
| Average payables | $160.7M | $148.8M | $150.8M | $150.2M | $133.4M | — |
| Average inventory | $572.8M | $567.4M | $575.2M | $566.9M | $557.1M | — |
| Intangibles / total assets | 39.6% | 40.1% | 38.1% | 39.2% | 40.0% | — |
Computed from VSTS's annual financial statements (latest annual report filed December 2, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
VSTS valuation and financial ratios
Vestis earned a return on equity of −4.5% and a return on invested capital of 2.3% in fiscal 2025. It ended the year with $1.4 billion of debt and $29.7 million in cash and short-term investments, net debt of $1.4 billion. It returned $13.8 million to shareholders: $13.8 million in dividends and $0 in share buybacks, 240% of free cash flow.
See the VSTS income statement, the VSTS chart for price history, or the VSTS stock overview for the latest quote and news.
VSTS key metrics FAQ
What is Vestis's EV/EBITDA?
Vestis's enterprise value was 10.4 times EBITDA at the end of fiscal 2025 (enterprise value $2.0 billion, EBITDA $191.0 million); the current EV/EBITDA is 14.0.
What is Vestis's return on equity?
Vestis's return on equity (ROE) was −4.5% in fiscal 2025: net income of -$40.2 million on average shareholders' equity of $884.3 million.
What is Vestis's ROIC?
Vestis's return on invested capital was 2.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Vestis have?
Vestis had total debt of $1.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.64 and $1.4 billion of net debt (7.27 times EBITDA).
What is Vestis's dividend yield?
Vestis paid $13.8 million in dividends in fiscal 2025 ($0.10 per share), a payout ratio of —.
What is Vestis's free cash flow yield?
Vestis generated $5.8 million of free cash flow in fiscal 2025, a free cash flow yield of 1.0% on its market value at year-end ($596.8 million).
What is Vestis's current ratio?
Vestis's current ratio was 2.08 at the end of fiscal 2025: current assets were 2.08 times current liabilities.