Aramark (ARMK) Interest Coverage Ratio (2012 - 2024)
Aramark (ARMK) reported Interest Coverage Ratio of 1.98 for 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.
Aramark (ARMK) Interest Coverage Ratio (2012 - 2024) Analysis & Trends
Aramark (ARMK) has 13 years of Interest Coverage Ratio data on file, last reported at 1.98 in Q2 2024.
- Interest Coverage Ratio for Q2 2024 came in at 1.98, up 68.07% year-over-year; the trailing twelve-month figure through Mar 2025 was 9.47 (up 498.73% YoY), and the FY2023 annual result was 1.42, up 27.58% from the prior year.
- Interest Coverage Ratio improved to 1.98 in Q2 2024 per ARMK's latest filing, 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.
- The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio slumped 251.38% in 2020, then surged 2751.28% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.86 in 2020, then soared by 275.2% to 1.51 in 2021, then fell by 0.34% to 1.5 in 2022, then decreased by 3.01% to 1.46 in 2023, then jumped by 36.17% to 1.98 in 2024.
- Business Quant data shows ARMK's Interest Coverage Ratio at 1.98 in Q2 2024, 1.84 in Q1 2024, and 1.46 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 23.39 |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 4.94 |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 17.25 |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -0.06 |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | - |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | - |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | - |
| 10 | Unifirst | 4.79 Bn | 4.63 Bn | 218.82 Mn | 16.51 |
Historic Data
Download 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 |