Aramark (ARMK) Interest Coverage Ratio (2012 - 2024)
Aramark's (ARMK) quarterly Interest Coverage Ratio came in at 1.98 in Q2 2024, up 68.07% year-over-year from 1.18 in Q2 2023, and up 7.74% quarter-over-quarter from 1.84 in Q1 2024.
Analysis
Aramark (ARMK) Interest Coverage Ratio (2012 - 2024) Analysis & Trends
Aramark (ARMK) has reported Interest Coverage Ratio for 13 consecutive years, with 1.98 the latest figure, recorded in Q2 2024.
- On a quarterly basis, Interest Coverage Ratio rose 68.07% year-over-year to 1.98 in Q2 2024; TTM through Jun 2024 was 1.78, a 91.68% increase from a year earlier, with the FY2023 full-year figure at 1.42, up 27.58% from the prior year.
- Interest Coverage Ratio was 1.98 for Q2 2024 at Aramark, up from 1.84 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.98 in Q2 2024 and troughed at 3.48 in Q2 2020.
- A 5-year average of 0.68 and a median of 1.3 in 2021 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 251.38% in 2020 and jumped 2751.28% in 2022, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 0.86 in 2020, then surged by 275.2% to 1.51 in 2021, then declined by 0.34% to 1.5 in 2022, then retreated by 3.01% to 1.46 in 2023, then soared by 36.17% to 1.98 in 2024.
- The last three Interest Coverage Ratio figures came in at 1.98 (Q2 2024), 1.84 (Q1 2024), and 1.46 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.22 Bn | 79.93 Bn | 1.48 Bn | 26.05 |
| 2 | Iron Mountain | 34.79 Bn | 34.91 Bn | 1.07 Bn | - |
| 3 | APi | 17.30 Bn | 16.45 Bn | 703.00 Mn | 4.86 |
| 4 | Rollins | 17.25 Bn | 17.14 Bn | 569.95 Mn | 21.44 |
| 5 | Aramark | 14.96 Bn | 14.53 Bn | 430.34 Mn | - |
| 6 | FirstService | 6.59 Bn | 6.92 Bn | 480.66 Mn | - |
| 7 | Unifirst | 4.98 Bn | 4.81 Bn | 234.73 Mn | - |
| 8 | Geo | 4.20 Bn | 3.95 Bn | - | 2.64 |
| 9 | CoreCivic | 3.43 Bn | 3.32 Bn | - | 3.13 |
| 10 | Abm Industries | 2.76 Bn | 2.65 Bn | 286.10 Mn | 3.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2024 | 1.98 |
| Mar 29, 2024 | 1.84 |
| Dec 29, 2023 | 1.46 |
| Sep 29, 2023 | 1.91 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | 1.10 |
| Dec 30, 2022 | 1.50 |
| Sep 30, 2022 | -0.15 |
| Jul 1, 2022 | 1.62 |
| Apr 1, 2022 | 1.58 |
| Dec 31, 2021 | 1.51 |
| Oct 1, 2021 | 1.42 |
| Jul 2, 2021 | 0.66 |
| Apr 2, 2021 | 0.06 |
| Jan 1, 2021 | -0.20 |
| Oct 2, 2020 | -0.86 |
| Jun 26, 2020 | -3.48 |
| Mar 27, 2020 | -0.98 |
| Dec 27, 2019 | 3.20 |
| Sep 27, 2019 | 2.41 |