Cintas Corporation

CTAS · NASDAQ · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Valuation
Market cap	$68,527	$91,207	$68,789	$48,017	$40,759	$36,650	$25,705	$22,996	$18,893	$13,049	$9,827	$8,924	$7,478	$5,657	$4,790	$4,814	$3,877	$3,591	$4,596	$6,140	$7,098	$6,945	$7,945	$6,324	$8,861	$7,860	$7,335	$6,892	$4,909	$3,454	$2,652	$1,621	$1,457	$1,262	$1,366	$1,036	$649	$464	$401	$399	$337
Enterprise value	$70,944	$93,598	$71,115	$50,562	$43,637	$38,872	$28,265	$25,749	$21,289	$15,991	$10,918	$9,791	$8,266	$6,609	$5,735	$5,575	$4,096	$4,128	$5,348	$6,866	$7,655	$7,109	$8,175	$6,829	$9,497	$7,991	$7,497	$7,104	$5,085	$3,558	$2,767	$1,744	$1,549	$1,356	$1,432	$1,100	$692	$475	$436	$430	$349
P/E (TTM) at period end	34.37×	50.50×	43.94×	35.77×	33.15×	33.22×	29.61×	26.34×	24.47×	29.06×	22.26×	20.91×	20.14×	18.08×	16.20×	27.65×	27.49×	15.86×	13.70×	18.35×	21.69×	23.11×	29.19×	25.37×	37.83×	35.33×	37.93×	49.62×	39.95×	38.04×	35.26×	25.85×	27.92×	28.12×	34.86×	33.00×	24.38×	21.00×	23.33×	28.70×	29.86×
P/S (TTM) at period end	6.08×	8.82×	7.17×	5.45×	5.19×	5.15×	3.63×	3.34×	2.92×	2.45×	2.05×	2.04×	1.78×	1.33×	1.17×	1.26×	1.09×	0.95×	1.17×	1.66×	2.09×	2.26×	2.82×	2.35×	3.90×	3.64×	3.86×	3.93×	4.10×	4.11×	3.63×	2.63×	2.79×	2.79×	3.40×	3.21×	2.28×	1.91×	1.96×	2.44×	2.73×
P/B at period end	13.33×	19.47×	15.94×	12.43×	12.32×	9.94×	7.95×	7.66×	6.26×	5.67×	5.33×	4.62×	3.41×	2.57×	2.24×	2.09×	1.53×	1.52×	2.04×	2.83×	3.40×	3.30×	4.21×	3.84×	6.22×	6.38×	7.03×	7.91×	7.50×	6.74×	6.17×	4.45×	4.71×	4.77×	6.05×	5.58×	4.12×	3.47×	4.25×	5.13×	5.21×
EV / EBITDA (TTM)	24.25×	35.15×	30.27×	24.43×	23.76×	23.86×	20.21×	18.97×	18.27×	16.92×	11.88×	11.88×	10.72×	9.03×	8.25×	9.43×	7.02×	7.28×	6.95×	9.11×	10.82×	11.06×	13.58×	12.05×	19.11×	16.67×	17.71×	19.12×	19.70×	17.96×	16.10×	12.13×	12.33×	13.55×	17.34×	16.54×	12.54×	–	–	–	–
EV / Sales (TTM)	6.30×	9.05×	7.41×	5.74×	5.56×	5.46×	3.99×	3.74×	3.29×	3.00×	2.28×	2.24×	1.97×	1.56×	1.40×	1.46×	1.15×	1.09×	1.36×	1.85×	2.25×	2.32×	2.90×	2.54×	4.18×	3.70×	3.94×	4.06×	4.24×	4.24×	3.79×	2.84×	2.96×	3.00×	3.57×	3.41×	2.43×	1.95×	2.13×	2.63×	2.82×
Returns
Return on equity	38.8%	38.6%	36.3%	34.7%	37.2%	29.9%	26.8%	29.1%	25.6%	19.5%	24.0%	22.1%	16.9%	14.2%	13.8%	7.6%	5.6%	9.6%	14.9%	15.4%	15.7%	14.3%	14.4%	15.1%	16.5%	18.1%	18.5%	15.9%	18.8%	17.7%	17.5%	17.2%	16.9%	16.9%	17.4%	16.9%	16.9%	16.5%	18.2%	17.9%	17.4%
Return on invested capital	27.5%	26.7%	24.8%	22.4%	21.2%	20.2%	16.6%	15.8%	16.4%	9.8%	16.3%	15.3%	12.7%	11.3%	11.1%	8.8%	8.4%	8.5%	11.7%	12.0%	12.0%	12.3%	12.7%	12.3%	11.3%	16.4%	15.9%	15.1%	16.6%	15.1%	14.5%	13.5%	13.8%	13.5%	13.6%	13.0%	13.6%	16.1%	14.6%	13.8%	15.4%
Dividend yield	1.0%	0.7%	0.8%	0.9%	0.9%	1.2%	1.0%	1.0%	0.9%	1.1%	1.2%	2.3%	1.2%	1.4%	1.5%	1.5%	1.9%	2.0%	1.5%	1.0%	0.8%	0.8%	0.6%	0.7%	0.5%	0.5%	0.4%	0.4%	0.6%	0.4%	0.4%	0.6%	0.5%	0.5%	0.4%	0.4%	0.5%	–	–	–	–
Financial health
Current ratio	1.43×	2.09×	1.74×	2.39×	1.84×	1.47×	2.61×	1.98×	2.55×	1.73×	1.95×	3.41×	2.87×	2.92×	2.28×	3.92×	3.96×	3.20×	2.48×	2.01×	2.04×	2.42×	3.18×	2.88×	2.73×	3.27×	3.06×	2.99×	3.20×	3.07×	2.90×	2.54×	2.42×	2.87×	2.67×	2.20×	2.47×	2.76×	2.61×	2.56×	3.18×
Debt / equity	0.47×	0.52×	0.57×	0.64×	0.85×	0.69×	0.79×	0.95×	0.84×	1.36×	0.70×	0.67×	0.59×	0.59×	0.60×	0.56×	0.31×	0.33×	0.42×	0.41×	0.38×	0.22×	0.26×	0.34×	0.51×	0.20×	0.26×	0.34×	0.29×	0.23×	0.29×	0.36×	0.32×	0.41×	0.33×	0.37×	0.32×	0.30×	0.57×	0.75×	0.70×
Effective tax rate	20.2%	20.0%	20.4%	20.4%	17.5%	13.7%	17.2%	19.9%	6.8%	33.5%	36.4%	37.2%	37.1%	36.8%	36.8%	37.1%	37.3%	37.4%	36.8%	37.3%	37.3%	37.0%	37.0%	37.0%	37.0%	37.6%	38.0%	38.0%	31.5%	38.1%	38.5%	37.9%	38.9%	37.0%	37.3%	35.5%	36.1%	36.7%	37.9%	44.6%	43.8%
Share count
Diluted shares outstanding	406	410	413	414	422	431	428	438	439	431	440	470	487	498	520	586	611	613	624	640	674	692	707	688	689	684	679	678	652	678	595	563	560	544	560	523	507	442	459	463	452

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Revenue and gross profit
Revenue	$11,561	$11,265	$10,340	$9,597	$8,816	$7,854	$7,116	$7,085	$6,892	$6,477	$5,323	$4,796	$4,370	$4,194	$4,246	$4,102	$3,810	$3,547	$3,775	$3,938	$3,707	$3,404	$3,067	$2,814	$2,687	$2,271	$2,161	$1,902	$1,752	$1,198	$840	$730	$615	$523	$453	$402	$322	$284	$244	$204	$163	$124
Cost of revenue	($5,666)	($5,557)	($5,166)	($4,910)	($4,642)	($4,222)	($3,802)	($3,851)	($3,764)	($3,568)	($2,943)	($2,694)	($2,477)	($2,444)	($2,493)	($2,363)	($2,201)	($2,050)	($2,224)	($2,256)	($2,126)	($1,949)	($1,763)	($1,628)	($1,567)	($1,314)	($1,264)	($1,023)	($976)	($653)	($453)	($394)	($334)	($278)	($246)	($224)	($177)	($160)	($138)	($114)	($90)	($70)
Gross profit	$5,895	$5,708	$5,174	$4,686	$4,173	$3,632	$3,315	$3,234	$3,129	$2,909	$2,380	$2,101	$1,893	$1,750	$1,753	$1,739	$1,609	$1,498	$1,551	$1,682	$1,581	$1,455	$1,305	$1,186	$1,119	$957	$896	$879	$775	$545	$387	$336	$282	$245	$206	$178	$145	$125	$106	$90	$73	$54
Operating expenses
Research and development	–	–	($31)	($27)	($24)	($24)	($22)	–	($22)	($23)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($3,165)	($3,086)	($2,814)	($2,618)	($2,371)	($2,045)	($1,929)	($2,071)	($1,981)	($1,917)	($1,527)	($1,332)	($1,209)	($1,147)	($1,187)	($1,199)	($1,169)	($1,086)	($1,083)	($1,104)	($1,004)	($908)	($810)	($728)	($695)	($580)	($528)	($456)	($404)	($287)	($189)	($164)	($138)	($119)	($106)	($95)	($79)	($70)	($59)	($52)	($40)	($28)
Total operating expenses	($3,194)	($3,101)	($2,814)	($2,618)	($2,371)	($2,045)	($1,929)	($2,071)	($1,995)	($1,959)	($1,607)	($1,332)	($1,209)	($1,147)	($1,187)	($1,199)	($1,169)	($1,107)	($1,142)	($1,104)	($1,004)	($908)	($810)	($728)	($695)	($580)	($529)	($555)	($494)	($344)	($237)	($208)	($175)	($154)	($129)	($114)	($95)	($82)	($69)	($60)	($46)	($33)
Total costs and expenses	($8,860)	($8,658)	($7,980)	($7,528)	($7,013)	($6,267)	($5,731)	($5,922)	($5,759)	($5,527)	($4,550)	($4,027)	($3,686)	($3,591)	($3,680)	($3,562)	($3,370)	($3,157)	($3,366)	($3,360)	($3,130)	($2,857)	($2,573)	($2,355)	($2,263)	($1,894)	($1,793)	($1,578)	($1,470)	($997)	($690)	($601)	($509)	($433)	($376)	($338)	($272)	($242)	($207)	($174)	($136)	($103)
Operating income	$2,701	$2,607	$2,360	$2,069	$1,803	$1,587	$1,385	$1,163	$1,134	$950	$774	$769	$684	$603	$566	$540	$440	$391	$409	$577	$577	$547	$495	$459	$424	$377	$367	$324	$281	$201	$150	$129	$106	$90	$77	$63	$50	$43	$37	$30	$27	$21
Earnings
EBITDA	$3,069	$2,925	$2,663	$2,349	$2,070	$1,837	$1,629	$1,399	$1,357	$1,165	$945	$919	$824	$771	$732	$695	$591	$584	$567	$769	$753	$707	$643	$602	$567	$497	$479	$423	$372	$258	$198	$172	$144	$126	$100	$83	$66	$55	–	–	–	–
Interest income	$6	$5	$6	$6	$2	$0	$0	$1	$1	$1	$0	$1	$0	$0	$0	$2	$2	$2	$3	$6	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($107)	($106)	($101)	($101)	($111)	($89)	($98)	($105)	($102)	($110)	($87)	($65)	($65)	($66)	($66)	($71)	($50)	($49)	($50)	($53)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$2,599	$2,505	$2,264	$1,974	$1,693	$1,499	$1,288	$1,058	$1,102	$841	$687	$705	$641	$537	$501	$471	$393	$344	$362	$531	$534	$522	$477	$432	$396	$372	$356	$312	$224	$180	$147	$122	$101	$86	$71	$58	$49	$42	$35	$28	$25	$20
Income tax expense	($539)	($505)	($452)	($402)	($345)	($263)	($177)	($182)	($220)	($57)	($230)	($257)	($238)	($199)	($184)	($173)	($146)	($128)	($135)	($195)	($199)	($195)	($176)	($160)	($147)	($137)	($134)	($118)	($85)	($57)	($56)	($47)	($38)	($33)	($26)	($22)	($17)	($15)	($13)	($10)	($11)	($9)
Net income	$2,061	$2,000	$1,812	$1,572	$1,348	$1,236	$1,111	$876	$885	$843	$481	$694	$431	$374	$315	$298	$247	$216	$226	$335	$335	$327	$301	$272	$249	$234	$222	$193	$139	$123	$91	$75	$63	$52	$45	$39	$31	$27	$22	$17	$14	$11
Per share
Diluted EPS (GAAP)	$5.07	$4.91	$4.40	$3.79	$3.25	$2.91	$2.56	$2.03	$2.00	$1.89	$1.09	$1.55	$0.9075	$0.7625	$0.63	$0.5675	$0.42	$0.35	$0.37	$0.54	$0.52	$0.48	$0.42	$0.39	$0.36	$0.34	$0.33	$0.28	$0.21	$0.21	$0.18	$0.15	$0.11	$0.0925	$0.0825	$0.07	$0.06	$0.0525	$0.05	$0.0375	$0.03	$0.025
Basic EPS (GAAP)	$5.12	$4.97	$4.48	$3.85	$3.30	$2.98	$2.63	$2.09	$2.06	$1.95	$1.12	$1.57	$0.92	$0.77	$0.6325	$0.5675	$0.42	$0.35	$0.37	$0.54	$0.52	$0.48	$0.43	$0.39	$0.37	$0.35	$0.33	$0.29	$0.21	$0.21	$0.18	$0.15	$0.11	$0.0925	$0.085	$0.07	$0.06	$0.0525	$0.05	$0.0375	$0.03	$0.025
Basic shares outstanding	400	401	404	407	407	413	419	415	424	426	420	433	464	482	496	520	586	611	612	623	640	670	688	702	683	679	674	667	661	642	668	595	563	560	528	560	523	507	442	459	463	452
Margins
Gross margin	51.0%	50.7%	50.0%	48.8%	47.3%	46.2%	46.6%	45.6%	45.4%	44.9%	44.7%	43.8%	43.3%	41.7%	41.3%	42.4%	42.2%	42.2%	41.1%	42.7%	42.7%	42.7%	42.5%	42.2%	41.7%	42.2%	41.5%	46.2%	44.3%	45.5%	46.1%	46.1%	45.8%	46.8%	45.5%	44.2%	45.1%	43.9%	43.6%	44.2%	44.8%	43.4%
Operating margin	23.4%	23.1%	22.8%	21.6%	20.4%	20.2%	19.5%	16.4%	16.4%	14.7%	14.5%	16.0%	15.6%	14.4%	13.3%	13.2%	11.6%	11.0%	10.8%	14.7%	15.6%	16.1%	16.1%	16.3%	15.8%	16.6%	17.0%	17.0%	16.1%	16.8%	17.9%	17.6%	17.2%	17.3%	17.0%	15.7%	15.5%	15.1%	15.1%	14.8%	16.6%	16.9%
Net margin	17.8%	17.8%	17.5%	16.4%	15.3%	15.7%	15.6%	12.4%	12.8%	13.0%	9.0%	14.5%	9.9%	8.9%	7.4%	7.3%	6.5%	6.1%	6.0%	8.5%	9.0%	9.6%	9.8%	9.7%	9.3%	10.3%	10.3%	10.2%	7.9%	10.3%	10.8%	10.3%	10.2%	10.0%	9.9%	9.8%	9.7%	9.3%	9.1%	8.4%	8.5%	9.1%

Analyst consensus

Hold30 analysts

Bearish · 2 · Hold · 16 · Bullish · 12

Earnings history

	EPS	Estimate
Q2 2025	$1.09	$1.01	Beat
Q3 2025	$1.13	$1.07	Beat
Q4 2025	$1.09	$1.07	Beat
Q1 2026	$1.20	$1.19	Beat
Q2 2026	$1.21	$1.20	Beat
Q3 2026	$1.24	$1.24	Match
Q4 2026	$1.29	$1.24	Beat
Q1 2027	$1.39	$1.35	Beat

Peers

Company overview

IPO dateAug 19, 1983

CEOTodd Schneider

Employees48,100

SectorIndustrials

IndustrySpecialty Business Services

CountryUS

ExchangeNASDAQ Global Select

Websitewww.cintas.com

Cintas Corporation specializes in supplying professional uniforms and a range of essential business services primarily across the United States, Canada, and Latin America. The company's operations are divided into three main divisions: Uniform Rental and Facility Services, First Aid and Safety Services, and an 'All Other' segment. Within its Uniform Rental and Facility Services division, Cintas offers rental and maintenance for various workwear, including flame-resistant apparel, alongside floor mats, mops, and industrial towels. This segment also manages restroom sanitation solutions, providing both cleaning services and supplies, and directly sells new uniforms. Additionally, its First Aid and Safety Services segment delivers comprehensive first aid programs, safety solutions, and fire suppression products and services. Cintas reaches its diverse clientele, ranging from small service and manufacturing businesses to large corporate entities, through an extensive distribution network, dedicated local delivery routes, and direct representatives. Established in 1968, Cintas Corporation maintains its headquarters in Cincinnati, Ohio.

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