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ARAMARK Holdings (ARMK) Adjusted Operating Income by Segment

Adjusted Operating Income by Segment

Removes one-time items and unusual charges to show the underlying operating profitability of each segment. For Aramark, adjusted operating income helps reveal recurring earnings from long-term contracts and whether operational changes or cost-saving programs are improving true performance, rather than being hidden by one-off events.

-$100.00M$0.00$100.00M$200.00M$300.00MMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Chart Insights

International AOI is the standout growth engine, delivering consistent double‑digit expansion and steadily increasing contribution, while U.S. AOI—still the largest slice—shows pronounced seasonality and a muted Q1 that management attributes largely to a 53rd‑week timing drag (≈$25M) that should flip to a Q2 benefit. The Uniform & Career Apparel line disappears after early‑2024 (likely a divestiture/reclassification), concentrating profitability in FSS and International, and persistent corporate-level losses (~$30M) remain a steady consolidated drag.

ARMK Adjusted Operating Income by Segment

DateCorporateInternationalUnited StatesUniform & Career Apparel
Jun 30, 2026-$35.00M$85.00M$211.00M$0.00
Mar 31, 2026-$34.00M$69.00M$223.00M$0.00
Dec 31, 2025-$31.00M$68.00M$226.00M$0.00
Sep 30, 2025-$33.00M$76.00M$246.00M$0.00
Jun 30, 2025-$27.00M$67.00M$189.00M$0.00
Mar 31, 2025-$29.00M$58.00M$176.00M$0.00
Dec 31, 2024-$30.00M$59.00M$229.00M$0.00
Sep 30, 2024-$27.00M$58.00M$240.00M$0.00
Jun 30, 2024-$31.00M$60.00M$164.00M$0.00
Mar 31, 2024-$28.00M$47.00M$168.00M$0.00
Dec 31, 2023-$25.00M$54.00M$202.00M$0.00
Sep 30, 2023-$30.00M$52.00M$234.00M$83.00M
Jun 30, 2023-$30.00M$46.00M$147.00M$77.00M
Mar 31, 2023-$33.00M$39.00M$140.00M$67.00M
Dec 31, 2022-$33.00M$39.00M$172.00M$64.00M
Sep 30, 2022-$31.00M$33.00M$192.00M$72.00M
Jun 30, 2022-$35.00M$38.00M$107.00M$69.00M
Mar 31, 2022-$34.00M$41.00M$100.00M$62.00M
Dec 31, 2021-$37.00M$25.00M$116.00M$62.00M
Sep 30, 2021-$30.00M$19.00M$118.00M$59.00M
Jun 30, 2021-$26.00M$23.00M$64.00M$45.00M
Mar 31, 2021-$32.00M$11.00M$20.00M$31.00M
Dec 31, 2020-$38.00M-$1.00M-$11.00M$41.00M