Latest revenue
$2.84B
as of 2026-02-28
Latest net income
$502.5M
as of 2026-02-28
Net margin
17.7%
as of 2026-02-28
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $69.19B
- Enterprise value
- $71.66B
- P/E (trailing)
- 38.2×
- Forward P/E
- —
- P/B
- 14.45×
- Dividend yield
- 1.0%
- 52-wk high
- $229.24
- 52-wk low
- $161.16
- Beta
- —
- Shares out
- 400.1M
5-year trend
What this company does
Cintas rents and launders work uniforms for businesses, and supplements that with first aid, safety, fire protection, and restroom supply services delivered on routes across North America. Uniform rental and facility services generate roughly 77% of revenue ($6.4B of $8.4B over nine months), with the remaining 'Other' segment covering first aid, fire, and direct-sale uniforms. The business is compounding steadily—revenue up 9% and net income up 9% year-over-year—while management aggressively returns cash, repurchasing $933M of stock and raising the dividend 15%.
Generated from CTAS's filing dated 2025-07-28
Key risks
- Aggressive buybacks funded by debt: $933M repurchased YTD plus $521M dividends drove $229M new commercial paper issuance, with cash falling to $183M.
- Leverage rising: total debt ~$2.66B vs. $4.79B equity; long-term debt steady at $2.43B while short-term debt jumped from zero to $229M.
- Working capital drag: uniforms-in-service grew $103M and receivables $125M YTD, signaling rising capital intensity as rental revenue grew only 8%.
Generated from CTAS's filing dated 2025-07-28
Profitability
Operating margin
22.8%
5.9%Net margin
17.5%
7.0%Return on equity
38.7%
6.3%Return on assets
18.4%
7.6%Leverage
Debt / equity
1.10×
2.4%Long-term debt / equity
0.52×
10.3%Debt / assets
52.3%
1.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-02-28 | $2.84B | +8.9% | $502.5M | +8.4% | 17.7% |
Q4 2025 2025-11-30 | $2.80B | +9.3% | $495.3M | +10.4% | 17.7% |
Q3 2025 2025-08-31 | $2.72B | +8.7% | $491.1M | +8.7% | 18.1% |
Q2 2025 2025-05-31 | $2.67B | +8.0% | $448.3M | +8.2% | 16.8% |
Q1 2025 2025-02-28 | $2.61B | +8.4% | $463.5M | +16.6% | 17.8% |
Q4 2024 2024-11-30 | $2.56B | +7.8% | $448.5M | +19.7% | 17.5% |
Q3 2024 2024-08-31 | $2.50B | +6.8% | $452.0M | +17.4% | 18.1% |
Q2 2024 2024-05-31 | $2.47B | — | $414.3M | — | 16.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments · SIC 2320
Your notes
Keep private notes on CTAS — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$267.1K
Insider selling
$6.9M
Net activity
−$6.7M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns CTAS
Institutional value
$17.93B
Total shares held
107.8M
Distinct holders
760
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 22.1M | $3.74B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 13.3M | $2.25B | — | New |
| 3 | Invesco Ltd. | 4.6M | $777.1M | — | New |
| 4 | FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 4.3M | $719.3M | — | New |
| 5 | Nuveen, LLC | 2.5M | $419.6M | — | New |
| 6 | Legal & General Group Plc | 2.3M | $396.9M | — | New |
| 7 | Bank of New York Mellon Corp | 2.2M | $374.0M | — | New |
| 8 | Pictet Asset Management Holding SA | 2.2M | $366.7M | — | New |
| 9 | VANGUARD FIDUCIARY TRUST CO | 2.0M | $331.8M | — | New |
| 10 | DIMENSIONAL FUND ADVISORS LP | 1.9M | $320.8M | — | New |
| 11 | KING LUTHER CAPITAL MANAGEMENT CORP | 1.7M | $289.9M | — | New |
| 12 | Impax Asset Management Group plc | 1.5M | $254.3M | — | New |
| 13 | Vontobel Holding Ltd. | 1.4M | $238.8M | — | New |
| 14 | ProShare Advisors LLC | 1.4M | $237.7M | — | New |
| 15 | WELLS FARGO & COMPANY/MN | 1.4M | $232.4M | — | New |
| 16 | DEUTSCHE BANK AG\ | 1.3M | $220.8M | — | New |
| 17 | Alecta Tjanstepension Omsesidigt | 1.3M | $215.7M | — | New |
| 18 | STIFEL FINANCIAL CORP | 1.2M | $205.1M | — | New |
| 19 | UBS Group AG | 1.2M | $198.6M | — | New |
| 20 | Swiss National Bank | 1.1M | $178.6M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Uniform rental growth decelerated to 7.7% YoY in Q3 versus 8.0% nine-month; is organic growth slowing as ProfitStars/UniFirst deal speculation intensifies?
- 2
Cost of uniform rental rose 7.3% while pricing power historically exceeded inflation—why are rental gross margins compressing this quarter?
- 3
You issued $229M commercial paper and bought back $933M YTD with cash down to $183M; how do you fund a potential UniFirst counterbid?
Refreshed when CTAS files a new report · last from 2025-07-28