Vestis Corporation
VSTS Industrials Rental & Leasing Services
Vestis Corporation’s revenue for fiscal 2025 (year ended September 2025) was $2.7 billion, down 2.53% from fiscal 2024. In the quarter to June 2026, revenue fell 1.80%, EPS grew 1,668.6%, free cash flow grew 478.3% and total debt fell 4.78%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Vestis Corporation (VSTS) Piotroski F-score
Vestis Corporation's Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 5 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 4 | (1.00) |
| FY2024 | 5 | (3.00) |
| FY2023 | 8 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (1.38%) | 0.69% | Fail | 0 |
| Positive operating cash flow | 64.23m | 471.79m | Pass | 1 |
| Rising return on assets | (1.38%) | 0.69% | Fail | 0 |
| Cash flow above net income | 104.45m | 450.82m | Pass | 1 |
| Falling long-term leverage | 0.44 | 0.41 | Fail | 0 |
| Rising current ratio | 2.08 | 1.78 | Pass | 1 |
| No new shares issued | 131,751,000 | 131,506,000 | Fail | 0 |
| Rising gross margin | 26.50% | 29.08% | Fail | 0 |
| Rising asset turnover | 0.94 | 0.92 | Pass | 1 |
| Piotroski F-score | Mixed | 4 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| MGRC McGrath RentCorp compare | 7 |
| CAR Avis Budget Group, Inc. compare | 6 |
| WLFC Willis Lease Finance Corporation compare | 6 |
| PRG Aaron's Holdings Company, Inc. compare | 5 |
| CTOS Custom Truck One Source, Inc. compare | 5 |
| WSC WillScot Holdings Corporation compare | 4 |
| VSTS Vestis Corporation | 4 |
| HRI Herc Holdings Inc. compare | 3 |
| EQPT EquipmentShare.com Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover