(CTAS) Cintas - Overview
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 68.459m USD | Total Return: -23.7% in 12m
Avg Turnover: 316M
EPS Trend: -89.3%
Qual. Beats: 0
Rev. Trend: 100.0%
Qual. Beats: 3
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Cintas Corporation (CTAS) is a leading provider of corporate identity uniforms and facility services across North America and Latin America. The company operates primarily through three segments: Uniform Rental and Facility Services, First Aid and Safety Services, and All Other. Its business model relies on a dense distribution network and recurring service routes to supply garments, mats, restroom supplies, and fire protection products to a diverse client base ranging from small businesses to multinational corporations.
The diversified support services sector is characterized by high customer retention rates due to the essential nature of hygiene and safety compliance. Cintas utilizes a route-based service model, which creates significant economies of scale and high barriers to entry within localized markets. For deeper insights into these operational tailwinds, consider evaluating the companys fundamentals on ValueRay.
Founded in 1968 and headquartered in Cincinnati, Ohio, the company has expanded its portfolio to include specialized safety services and flame-resistant clothing. This vertical integration allows Cintas to serve as a single-source provider for workplace health, safety, and branding requirements.
- White-collar employment levels drive demand for uniform rental and facility services
- Operational efficiency gains from route optimization and automated laundry technology improve margins
- Cross-selling first aid and fire protection services increases revenue per customer
- Labor cost inflation and fuel price volatility impact distribution and service expenses
- Shift toward healthcare and hygiene services diversifies revenue beyond industrial manufacturing sectors
| 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 (2.79b): 1.08 < 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 0.50%; Δ 4.99k% > 0.5%) |
| Asset Turnover: 111.1% > 50% (prev 105.5%; Δ 5.60% > 0%) |
| Interest Coverage Ratio: 24.27 > 6 (EBITDA TTM 2.79b / 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: 2.87 (Book Value of Equity 15.6b / Total Liabilities 5.45b) |
| Altman-Z'' = 9.94 = AAA |
| DSRI: 1.01 (Receivables 1.54b/1.40b, Revenue 11.0b/10.1b) |
| GMI: 0.98 (GM 50.36% / 49.51%) |
| 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 = -3.13 (Cap -4..+1) = AA |
As of June 01, 2026, the stock is trading at USD 171.26 with a total of 4,253,207 shares traded.
Over the past week, the price has changed by -0.64%,
over one month by -1.71%,
over three months by -14.82% and
over the past year by -23.73%.
Cintas has received a consensus analysts rating of 3.30. Therefore, it is recommended to hold CTAS.
- StrongBuy: 5
- Buy: 3
- Hold: 8
- Sell: 1
- StrongSell: 3
| Analysts Target Price | 212.4 | 24% |
P/E Trailing = 36.0949
P/E Forward = 32.0513
P/S = 6.2082
P/B = 14.4507
P/EG = 2.7488
Revenue TTM = 11.0b USD
EBIT TTM = 2.54b USD
EBITDA TTM = 2.79b 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 = 71.5b USD (68.5b + Debt 3.18b - CCE 183.2m)
Interest Coverage Ratio = 24.27 (Ebit TTM 2.54b / Interest Expense TTM 104.5m)
EV/FCF = 39.94x (Enterprise Value 71.5b / FCF TTM 1.79b)
FCF Yield = 2.50% (FCF TTM 1.79b / Enterprise Value 71.5b)
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 = 6.98 (Enterprise Value 71.5b / Total Assets 10.2b)
Interest Expense / Debt = 3.29% (Interest Expense 104.5m / Debt 3.18b)
Taxrate = 20.55% (130.0m / 632.5m)
NOPAT = 2.01b (EBIT 2.54b * (1 - 20.55%))
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 = 1.08 (Net Debt 3.00b / EBITDA 2.79b)
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 = 23.16% (NOPAT 2.01b / Invested Capital 8.70b)
WACC = 7.03% (E(68.5b)/V(71.6b) * Re(7.23%) + D(3.18b)/V(71.6b) * Rd(3.29%) * (1-Tc(0.21)))
Discount Rate = 7.23% (= 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 next Quarter (2026-08-31): EPS=1.32 | Chg30d=+0.08% | Revisions=+40% | Analysts=9
[Analyst] Revisions Ratio: +40%