Vestis Corporation (VSTS) - Net Assets
Based on the latest financial reports, Vestis Corporation (VSTS) has net assets worth $865.64 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.02 Billion) and total liabilities ($2.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Vestis Corporation (VSTS) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $865.64 Million |
| % of Total Assets | 28.71% |
| Annual Growth Rate | -21.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 27.0 |
Vestis Corporation - Net Assets Trend (2021–2025)
This chart illustrates how Vestis Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Vestis Corporation stock valuation.
Annual Net Assets for Vestis Corporation (2021–2025)
The table below shows the annual net assets of Vestis Corporation from 2021 to 2025. Also explore net asset momentum of Vestis Corporation to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $865.64 Million | -4.14% |
| 2024-09-30 | $903.05 Million | +2.93% |
| 2023-09-30 | $877.36 Million | -62.44% |
| 2022-09-30 | $2.34 Billion | +0.16% |
| 2021-09-30 | $2.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vestis Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4687900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.32 Million | 0.15% |
| Other Comprehensive Income | $-26.33 Million | -3.04% |
| Other Components | $937.53 Million | 108.30% |
| Total Equity | $865.64 Million | 100.00% |
Vestis Corporation Competitors by Market Cap
The table below lists competitors of Vestis Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ridley Corporation Ltd
AU:RIC
|
$705.52 Million |
|
Anhui Huilong Agricultural Means of Production Co Ltd
SHE:002556
|
$705.95 Million |
|
Evertz Technologies Limited
TO:ET
|
$706.45 Million |
|
Media and Games Invest PLC
F:M8G
|
$706.46 Million |
|
Hubeiyichang Transportation Group Co Ltd
SHE:002627
|
$705.11 Million |
|
Ulker Biskuvi Sanayi AS
IS:ULKER
|
$705.09 Million |
|
Alligo AB Series B
ST:ALLIGO-B
|
$704.59 Million |
|
Basler Aktiengesellschaft
XETRA:BSL
|
$704.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vestis Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 903,051,000 to 865,644,000, a change of -37,407,000 (-4.1%).
- Net loss of 40,223,000 reduced equity.
- Dividend payments of 13,822,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,584,000.
- Other factors increased equity by 14,054,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.22 Million | -4.65% |
| Dividends Paid | $13.82 Million | -1.6% |
| Other Comprehensive Income | $2.58 Million | +0.3% |
| Other Changes | $14.05 Million | +1.62% |
| Total Change | $- | -4.14% |
Book Value vs Market Value Analysis
This analysis compares Vestis Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.77x to 2.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | $17.80 | $13.77 | x |
| 2022-09-30 | $17.99 | $13.77 | x |
| 2023-09-30 | $6.71 | $13.77 | x |
| 2024-09-30 | $6.85 | $13.77 | x |
| 2025-09-30 | $6.57 | $13.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vestis Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.47%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 3.36x
- Recent ROE (-4.65%) is below the historical average (6.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.18% | 3.02% | 0.79x | 1.33x | $-158.93 Million |
| 2022 | 6.07% | 5.27% | 0.86x | 1.34x | $-91.90 Million |
| 2023 | 24.30% | 7.54% | 0.89x | 3.60x | $125.42 Million |
| 2024 | 2.32% | 0.75% | 0.96x | 3.25x | $-69.34 Million |
| 2025 | -4.65% | -1.47% | 0.94x | 3.36x | $-126.79 Million |
Industry Comparison
This section compares Vestis Corporation's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,155,046,956
- Average return on equity (ROE) among peers: 4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vestis Corporation (VSTS) | $865.64 Million | 3.18% | 2.48x | $705.34 Million |
| AerCap Holdings NV (AER) | $2.12 Billion | 7.71% | 3.07x | $22.35 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Air Lease Corporation (AL) | $1.22 Billion | 0.00% | 0.86x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.80 Million | 0.00% | 0.00x | $189.36 Million |
| TOUAX (ALTOU) | $184.69 Million | -7.00% | 2.92x | $26.51 Million |
| Avis Budget Group Inc (CAR) | $4.83 Billion | 12.46% | 2.00x | $4.13 Billion |
| Custom Truck One Source Inc (CTOS) | $917.20 Million | 5.53% | 2.67x | $2.06 Billion |
| FlexShopper Inc (FPAY) | $16.14 Million | 20.27% | 4.25x | $2.46K |
| FTAI Aviation Ltd. (FTAI) | $1.10 Billion | -8.05% | 2.08x | $19.47 Billion |
| GATX Corporation (GATX) | $1.15 Billion | 17.72% | 3.11x | $6.31 Billion |
About Vestis Corporation
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 safe… Read more