Aramark (ARMK) Interest Coverage Ratio (2012 - 2024)
Aramark's Interest Coverage Ratio was 1.98 in fiscal Q3 2024 (quarter ended Jun 28, 2024), up 68.1% from 1.18 a year earlier and up 7.7% from the prior quarter.
Aramark (ARMK) Interest Coverage Ratio (2012 - 2024) Analysis & Trends
On a trailing twelve-month basis, Aramark's Interest Coverage Ratio was 1.78 through Jun 28, 2024, up 91.7% year-over-year; for FY2023 (ended Sep 29, 2023), it was 1.42, up 27.6% from FY2022.
- In earlier fiscal years, Interest Coverage Ratio was 1.11 in FY2022 (+133.7%), 0.48 in FY2021, -0.69 in FY2020 and 2.66 in FY2019 (+12.6%).
- The fiscal Q3 2024 figure marks the highest quarterly Interest Coverage Ratio since fiscal Q1 2020.
- Compared with a year earlier, Interest Coverage Ratio was higher in two of the last six quarters, with growth averaging 12.4%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q3 2022 (growth of 143.3%); the worst was fiscal Q2 2023 (a decline of 30.3%).
- Per Business Quant data, ARMK's Interest Coverage Ratio in the three fiscal quarters before Q3 2024 was 1.84 (Q2 2024), 1.46 (Q1 2024) and 1.91 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 44.95 |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 26.05 |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | - |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 4.86 |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 21.44 |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 30.00 |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 17.00 |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Tetra Tech | 8.44 Bn | 7.55 Bn | 243.21 Mn | 22.06 |
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 |
Aramark Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ARMK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ARMK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ARMK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();