Filing Flows › Aramark (ARMK) › Q4 FY24
Aramark (ARMK) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 19, 2024
Aramark (ARMK) reported revenue of $4.4B for the fourth quarter fiscal 2024 (Q4 FY24), +5% from a year earlier and +0.9% from the quarter before. Operating margin was 5.0%, net earnings $122M (2.8% of revenue).
Aramark, Q4 FY24: revenue $4.4B (+5% year over year), operating margin 5.0%, net earnings $122M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | +0.9% | +5% |
| Operating profit | $219M | +35% | +2% |
| Net earnings | $122M | +110% | -40% |
| Operating cash flow | $1.0B | +626% | -1% |
| Free cash flow | $882M | 16× | -3% |
What changed
Revenue was $4.4B in Q4 FY24, up 5% year over year and up 1% from the previous quarter. FSS United States was the largest line at 72% of revenue.
Operating profit was $0.22B, a 5.0% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 5% margin then. Total costs grew 5% against revenue growth of 5%. Net earnings were $0.12B, down 40% year over year. The effective tax rate was 23.4%.
Operating cash flow was $1.0B (down 1% year over year), 836% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.77B. Capital expenditures of $0.14B left free cash flow of $0.88B.
Questions
What was Aramark's revenue in the fourth quarter fiscal 2024?
Aramark (ARMK) reported revenue of $4.4B for the fourth quarter fiscal 2024 (Q4 FY24), +5% from a year earlier and +0.9% from the quarter before.
Was Aramark profitable in the fourth quarter fiscal 2024?
Operating profit was $219M (5.0% of revenue) and net earnings $122M.
Source: Aramark 10-K on SEC EDGAR.