# Vestis (VSTS.US)

Canonical: https://gigainvestors.com/s/VSTS

Analysis as of: 2026-10-16T07:32:58.538Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $14.40 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 33% since Jan 2024 · "J.P. Morgan upgrades Cintas, cuts UniFirst and Vestis on weak outlooks" (finance.yahoo.com, Jul 2025)

Story as of 2026-10-16T09:59:49.846Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in rental & leasing services; annual sales are USD 2.7 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1967649/000162828025054597/vsts-20251003.htm (filed 2025-12-02); FY2025: revenue 2734839000; grossProfit 724757000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); VSTS.US: Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries. Vestis Corporation was founded in 1936 and is headquartered in Roswell, Georgia.

### Why customers stay

Margins ranged from 26.5% to 30.3% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2023: grossProfit / revenue = 30.3%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2024: grossProfit / revenue = 29.1%.

- Source: https://www.sec.gov/Archives/edgar/data/1967649/000162828025054597/vsts-20251003.htm (filed 2025-12-02); FY2025: grossProfit / revenue = 26.5%.

### Where the cash goes

Paid dividends in 6 of 6 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2020: growth capex 0; upkeep 58074000; owner earnings 190731000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2021: growth capex 0; upkeep 90138000; owner earnings 117438000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2022: growth capex 0; upkeep 76449000; cash acquisitions 17200000; owner earnings 199582000. Growth capex plus acquisitions / owner earnings = 0.08618011644336664.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2023: growth capex 0; upkeep 77870000; cash acquisitions 0; owner earnings 271792000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); FY2024: growth capex 0; upkeep 78905000; cash acquisitions 0; owner earnings 82846000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/1967649/000162828025054597/vsts-20251003.htm (filed 2025-12-02); FY2025: growth capex 0; upkeep 58460000; cash acquisitions 0; owner earnings 44334000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); Dividend observations: [[2020,143008000],[2021,95596000],[2022,134502000],[2023,1688919000],[2024,19852000],[2025,13822000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 16.6% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); VSTS.US SharesStats.PercentInsiders = 16.572 percentage points; cache date 2026-10-15.

### What the price says

The price is 0.7 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-12-02); Closing price 14.4 USD; reporting-to-trading FX 1; FY2025 annual sales per share 20.757633718150146; price multiple 0.6937206906878248. FY2025 cash earnings/share 0.3364983946990915. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2023-09: $19.30 per share

- 2023-10: $15.29 per share

- 2023-11: $18.31 per share

- 2023-12: $21.14 per share

- 2024-01: $21.40 per share

- 2024-02: $18.76 per share

- 2024-03: $19.27 per share

- 2024-04: $18.42 per share

- 2024-05: $12.32 per share

- 2024-06: $12.23 per share

- 2024-07: $12.97 per share

- 2024-08: $14.07 per share

- 2024-09: $14.90 per share

- 2024-10: $13.52 per share

- 2024-11: $16.08 per share

- 2024-12: $15.24 per share

- 2025-01: $13.98 per share

- 2025-02: $11.85 per share

- 2025-03: $9.90 per share

- 2025-04: $8.76 per share

- 2025-05: $6.16 per share

- 2025-06: $5.73 per share

- 2025-07: $6.06 per share

- 2025-08: $4.68 per share

- 2025-09: $4.53 per share

- 2025-10: $5.25 per share

- 2025-11: $6.48 per share

- 2025-12: $6.67 per share

- 2026-01: $6.53 per share

- 2026-02: $7.87 per share

- 2026-03: $7.86 per share

- 2026-04: $9.72 per share

- 2026-05: $12.92 per share

- 2026-06: $14.52 per share

- 2026-07: $14.46 per share

- 2026-08: $12.51 per share

- 2026-09: $13.36 per share

- 2026-10: $14.40 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1967649/000162828025054597/vsts-20251003.htm); period 2025-10-03, filed 2025-12-02.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations



# VSTS — Vestis Corp

Held by 1 investor · USD 2,922,827 total · 2025 Q1 · reported price USD 9.90 (split-adjusted).
Page: https://gigainvestors.com/s/VSTS

## Holders (2025 Q1)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Bill Nygren (https://gigainvestors.com/HA) | USD 2,922,827 | 0.0% | add +149.26% |

## Total held by quarter

- 2024 Q2: USD 1,261,096 · 1 holder · USD 12.23
- 2024 Q3: USD 1,818,396 · 1 holder · USD 14.90
- 2024 Q4: USD 1,805,102 · 1 holder · USD 15.24
- 2025 Q1: USD 2,922,827 · 1 holder · USD 9.90
- 2025 Q2: USD 0 · 0 holders