Aramark Credit Ratings Upgraded by S&P Global; Moody's Revises Outlook to Positive

Reflects Company’s Strong Revenue Growth, Operating Performance, and Ongoing Demand of Hospitality Services

Agencies Highlight Introduction of Aramark Nexus™ as Differentiated Capability

Aramark today announced upgraded credit ratings from S&P Global (S&P) and a revised positive outlook from Moody’s Investor Service (Moody’s).

On September 3, 2026, S&P upgraded Aramark’s credit rating one-notch to ‘BB+’ from ‘BB’, driven by the Company’s broad-based growth and expanding profitability across business segments, primarily attributable to new business, contract wins, and client retention. In addition, Moody’s upgraded Aramark’s outlook to positive and affirmed the Company’s corporate family rating at ‘Ba2’. Moody’s noted its belief that consistent volume growth in Aramark’s base business, combined with new business wins, will further drive credit metrics as well as deliver solid free cash flow.

Both agencies cited Aramark Nexus™, a new platform delivering hospitality and workforce support services for hyperscale AI data centers and other large-scale, complex, and often remote operating environments, as a significant opportunity, well positioned to capitalize on a first-mover advantage in a rapidly growing marketplace.

“We are pleased to see broad recognition of our strong financial performance, consistent operational execution, and disciplined capital allocation strategies, including our commitment to deleveraging,” said Jim Tarangelo, Aramark’s Chief Financial Officer. “These positive credit upgrades reflect the dedication of our teams around the globe in delivering exceptional hospitality experiences to our clients and performing at a high level every day.”