image0a14.jpg
Inquiries:
For Immediate Release
Felise Kissell
(215) 409-7287
Kissell-Felise@aramark.com
Scott Sullivan
(215) 238-3953
Sullivan-Scott1@aramark.com

Aramark Reports Fourth Quarter and Fiscal Year 2021 Results
Q4 SUMMARY
Revenue +32%; Organic Revenue +37%
Improved performance led by the FSS United States segment
Revenue at 90% of pre-COVID level; Organic Revenue at 87% of pre-COVID level

Operating Income up $226 million; Adjusted Operating Income (AOI) up $177 million versus prior year
Operating Income Margin of 3.7%; AOI Margin of 4.8% on a constant-currency basis
Higher profitability driven by improved sales volume and effective cost management
EPS increased $0.73 to $0.14; Adjusted EPS increased $0.56 to $0.21

FISCAL YEAR 2021 SUMMARY
Record Net New Business of over $500 million; 5x higher than previous 5-year average
Annualized gross new business totaled nearly $1.25 billion, highest in Company history
Retention rate of 95.5% improved 150 basis points compared to historical five-year average
Annualized Net New Business over $500 million, representing 3.1% of pre-COVID revenue

Revenue (6)%; Organic Revenue (7)%
Business activity increased as the year progressed due to client re-openings and new service offerings
Revenue +35% and Organic Revenue +35% in the second half of fiscal 2021

EPS of $(0.36); Adjusted EPS of $(0.30)

Strong cash flow performance and maintained high level of liquidity
Cash provided by operating activities of $657 million, increasing $480 million versus prior year; Free Cash Flow of $282 million, a year-over-year improvement of $469 million
Over $2 billion in cash availability at year-end






Note: Net New Business is an internal statistical metric used to evaluate Aramark's new sales and retention performance. A definition of the metric can be found under Selected Operational and Financial Metrics.

Fourth quarter and full year fiscal 2020 included a 53rd week of operations. Organic Revenue and other Adjusted financial metrics are based on 52 weeks for comparability purposes.


The following information was filed by Aramark (ARMK) on Tuesday, November 16, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Aramark's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Aramark.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account