Aramark

Strategic Intent

Aramark is a global provider of food, facilities management, and uniform services, primarily serving the education, healthcare, business, sports, and corrections sectors.

Key Market Signals

• 2025-12: Settlement of California wage class action regarding unpaid breaks.
• 2025-11: Record $1.6B in new business wins reported for FY 2025.
• 2025-07: First-ever strike in 113 years at Fenway Park by Aramark concession workers.
• 2025-06: Ohio Supreme Court ruling affirming that client reimbursements are taxable gross receipts.
• 2024-07: Release of 2024 Progress Report detailing net-zero path and Scope 3 data.

Financial Health

• Reported FY 2025 GAAP revenue of $18.5 billion, a 6% increase over the prior year (Source: https://www.marketbeat.com/statements/aramark-q4-2025-earnings-report/)
• Achieved record annualized gross new business wins of $1.6 billion in FY 2025, up 12% from FY 2024 (Source: https://gcs-web.com/news-releases/news-release-details/aramark-reports-earnings-results-fiscal-2025)
• Leverage ratio improved to 3.25x as of September 2025, the lowest level in nearly 20 years (Source: https://www.tipranks.com/news/aramark-reports-strong-fiscal-2025-earnings-growth)

Impact & Compliance

Legal & Risks

Aramark faces significant litigation risks related to labor practices, including wage and hour disputes and strikes, as well as consumer protection lawsuits alleging the exploitation of incarcerated populations through inadequate food service.

Forensic Audit — 2 findings

• Ohio Supreme Court ruled in June 2025 that Aramark must pay Commercial Activity Tax (CAT) on client reimbursements, reje...
• Federal class action lawsuit filed Dec 2025 alleging Aramark exploits incarcerated people by providing inadequate meals ...

Classifications

Proprietary Analysis