(CTAS) Cintas - NASDAQ
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 68.784m USD | Total Return: -22.1% in 12m
Avg Turnover: 392M
EPS Trend: -89.3%
Qual. Beats: 0
Rev. Trend: 100.0%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
Seasonality
Cintas Corporation (CTAS) is a large-cap industrial company that provides corporate identity uniforms and related business services primarily across the United States, Canada, and Latin America. Founded in 1968 and headquartered in Cincinnati, Ohio, the company operates through three segments: Uniform Rental and Facility Services, First Aid and Safety Services, and All Other.
The company rents and services uniforms, flame-resistant clothing, mats, mops, shop towels, and restroom cleaning supplies, while also selling uniforms directly. Beyond uniform services, Cintas offers first aid and safety services along with fire protection products. It serves a diverse customer base ranging from small service and manufacturing companies to major corporations, delivering products through a distribution network supported by local delivery routes and representatives.
Cintas falls within the Diversified Support Services sub-industry and operates a route-based, subscription-style service model that produces recurring revenue tied to long-term customer contracts. The company has been publicly traded since its 1983 IPO.
- Route density and customer additions drive same-store sales
- Pricing power offsets persistent wage inflation pressure
- First Aid and Safety Services segment margin expands steadily
| Net Income: 1.94b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA -1.53 > 1.0 |
| NWC/Revenue: 16.20% < 20% (prev 2.03%; Δ 14.17% < -1%) |
| CFO/TA 0.22 > 3% & CFO 2.20b > Net Income 1.94b |
| Net Debt (3.00b) to EBITDA (3.04b): 0.99 < 3 |
| Current Ratio: 1.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (406.8m) vs 12m ago -0.85% < -2% |
| Gross Margin: 50.36% > 18% (prev 49.51%; Δ 0.85% > 0.5%) |
| Asset Turnover: 111.1% > 50% (prev 105.5%; Δ 5.60% > 0%) |
| Interest Coverage Ratio: 24.27 > 6 (EBIT TTM 2.54b / Interest Expense TTM 104.5m) |
| A: 0.17 (Total Current Assets 3.60b - Total Current Liabilities 1.82b) / Total Assets 10.2b |
| B: 1.25 (Retained Earnings 12.7b / Total Assets 10.2b) |
| C: 0.26 (EBIT TTM 2.54b / Avg Total Assets 9.92b) |
| D: 0.88 (Book Value of Equity 4.79b / Total Liabilities 5.45b) |
| Altman-Z'' = 7.85 = AAA |
| DSRI: 1.01 (Receivables 1.54b/1.40b, Revenue 11.0b/10.1b) |
| GMI: 0.98 (GM 49.51% / 50.36%) |
| AQI: 0.78 (AQ_t 0.46 / AQ_t-1 0.59) |
| SGI: 1.09 (Revenue 11.0b / 10.1b) |
| TATA: -0.03 (NI 1.94b - CFO 2.20b) / TA 10.2b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of June 29, 2026, the stock is trading at USD 171.90 with a total of 2,676,991 shares traded. Over the past week, the price has changed by +0.61%, over one month by -0.67%, over three months by +2.20% and over the past year by -22.14%.
Current recommended Stop Loss: 165.90 (which is 3.5% or 1.3 ATR below the current price).
Cintas has received a consensus analysts rating of 3.57. Therefore, it is recommended to hold CTAS.
- StrongBuy: 7
- Buy: 2
- Hold: 10
- Sell: 0
- StrongSell: 2
| Analysts Target Price | 209.6 | 21.9% |
P/E Trailing = 36.3425
P/E Forward = 31.348
P/S = 6.2376
P/B = 14.1299
P/EG = 2.6878
Revenue TTM = 11.0b USD
EBIT TTM = 2.54b USD
EBITDA TTM = 3.04b USD
Long Term Debt = 2.43b USD (from longTermDebt, last quarter)
Short Term Debt = 283.6m USD (from shortTermDebt, last quarter)
Debt = 3.18b USD (from shortLongTermDebtTotal, last quarter) + Leases 261.4m
Net Debt = 3.00b USD (calculated: Debt 3.18b - CCE 183.2m)
Enterprise Value = 71.8b USD (68.8b + Debt 3.18b - CCE 183.2m)
Interest Coverage Ratio = 24.27 (Ebit TTM 2.54b / Interest Expense TTM 104.5m)
EV/FCF = 40.12x (Enterprise Value 71.8b / FCF TTM 1.79b)
FCF Yield = 2.49% (FCF TTM 1.79b / Enterprise Value 71.8b)
FCF Margin = 16.23% (FCF TTM 1.79b / Revenue TTM 11.0b)
Net Margin = 17.57% (Net Income TTM 1.94b / Revenue TTM 11.0b)
Gross Margin = 50.36% ((Revenue TTM 11.0b - Cost of Revenue TTM 5.47b) / Revenue TTM)
Gross Margin QoQ = 50.98% (prev 50.45%)
Tobins Q-Ratio = 7.01 (Enterprise Value 71.8b / Total Assets 10.2b)
Interest Expense / Debt = 3.29% (Interest Expense 104.5m / Debt 3.18b)
Taxrate = 20.35% (495.1m / 2.43b)
NOPAT = 2.02b (EBIT 2.54b * (1 - 20.35%))
Current Ratio = 1.98 (Total Current Assets 3.60b / Total Current Liabilities 1.82b)
Debt / Equity = 0.66 (Debt 3.18b / totalStockholderEquity, last quarter 4.79b)
Debt / EBITDA = 0.99 (Net Debt 3.00b / EBITDA 3.04b)
Debt / FCF = 1.67 (Net Debt 3.00b / FCF TTM 1.79b)
Total Stockholder Equity = 4.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 19.52% (Net Income 1.94b / Total Assets 10.2b)
RoE = 41.47% (Net Income TTM 1.94b / Total Stockholder Equity 4.67b)
RoCE = 35.73% (EBIT 2.54b / Capital Employed (Equity 4.67b + L.T.Debt 2.43b))
RoIC = 23.71% (NOPAT 2.02b / Invested Capital 8.52b)
WACC = 6.70% (E(68.8b)/V(72.0b) * Re(6.89%) + D(3.18b)/V(72.0b) * Rd(3.29%) * (1-Tc(0.20)))
Discount Rate = 6.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.22 | Cagr: -0.67%
[DCF] Terminal Value 75.16% ; FCFF base≈1.80b ; Y1≈1.78b ; Y5≈1.82b
[DCF] Fair Price = 63.58 (EV 28.4b - Net Debt 3.00b = Equity 25.4b / Shares 400.1m; r=8.35% [WACC [floored]]; 5y FCF grow -2.07% → 2.50% )
EPS Correlation: -89.29 | EPS CAGR: -40.18% | SUE: 0.11 | # QB: 0
Revenue Correlation: 99.96 | Revenue CAGR: 8.35% | SUE: 1.73 | # QB: 3
EPS current Quarter (2026-08-31): EPS=1.32 | Chg30d=+0.08% | Revisions=+40% | Analysts=10
[Analyst] Revisions Ratio: +40%