Want to see CTAS full AI Analyst Report?
Top Page
Cintas
(NASDAQ:CTAS)
Select Model
Select Model
Rating:79Outperform
Price Target:
$220.00
â–²(22.79% Upside)
Action:Reiterated
Date:07/16/26
CTAS scores well primarily on strong financial performance (durable growth, expanding margins, and solid free cash flow) and a supportive earnings outlook with upbeat FY27 guidance. The score is tempered by a premium valuation (high P/E, modest yield) and technical indicators that suggest near-term overbought conditions despite the broader uptrend.
Positive Factors
Recurring route-based service model
Cintas’s core business is built on recurring route-based contracts that create predictable, high-retention revenue streams. Route density lowers delivery costs and raises switching costs, while bundled services (uniforms, facility, safety, fire) enable durable cross-sell and long-term customer relationships that support steady revenue over years.
Negative Factors
UniFirst acquisition execution and financing risk
The UniFirst deal is a large structural step that can reshape the business but brings execution, financing and approval risk. Bridge financing and integration raise near-term complexity and may increase leverage and distract management; successful realization of stated synergies and accretion depends on effective integration over years.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring route-based service model
Cintas’s core business is built on recurring route-based contracts that create predictable, high-retention revenue streams. Route density lowers delivery costs and raises switching costs, while bundled services (uniforms, facility, safety, fire) enable durable cross-sell and long-term customer relationships that support steady revenue over years.
Read all positive factors
Cintas Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Reveals profitability across different business units, highlighting which segments are driving earnings and where there might be challenges or opportunities for growth.
Reveals profitability across different business units, highlighting which segments are driving earnings and where there might be challenges or opportunities for growth.
Data provided by:
The Fly
The FlyCintas (CTAS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$81.80B
Dividend Yield0.88%
Average Volume (3M)2.30M
Price to Earnings (P/E)41.1
Beta (1Y)0.70
Revenue Growth8.94%
EPS Growth11.12%
CountryUS
Employees48,300
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)4.97
Shares Outstanding400,087,130
10 Day Avg. Volume2,679,409
30 Day Avg. Volume2,298,577
Financial Highlights & Ratios
PEG Ratio3.18
Price to Book (P/B)13.50
Price to Sales (P/S)6.16
P/FCF Ratio36.88
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$221.78Price Target Upside23.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)5.48
Revenue Forecast (FY)$12.19B
Cintas Business Overview & Revenue Model
Company Description
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 Ren...
How the Company Makes Money
Cintas primarily makes money through recurring service contracts in which it supplies and services workplace products on a scheduled route basis. A core revenue stream is its uniform and work apparel programs, where customers pay ongoing fees for ...
Cintas Earnings Call Summary
Earnings Call Date:Jul 15, 2026
(Q4-2026)
| % Change Since: |
Next Earnings Date:Sep 30, 2026
Earnings Call Sentiment Positive
The call presents a predominantly positive picture: the company reported strong top-line growth, significant margin expansion, double-digit EPS improvements, solid cash generation and shareholder returns, and confident fiscal 2027 guidance. The primary risks called out were regulatory uncertainty around the UniFirst acquisition, energy/fuel cost volatility, and some near-term variability in the Fire segment (including a planned SAP headwind). None of the challenges appear to offset the strong operational and financial momentum communicated on the call.Positive Updates
Strong Top-Line Growth (Quarter and Full Year)
Q4 total revenue rose 8.9% to $2.91 billion; Q4 organic revenue growth was 8.4%. Full-year 2026 revenue was ~$11.26 billion, up 8.9% YoY, with organic revenue growth of 8.3%.
Negative Updates
Regulatory Uncertainty on UniFirst Acquisition
Transaction is subject to regulatory review — the company received a second request from the FTC (similar to prior G&K experience). This creates timing and regulatory risk; management will not provide additional commentary while the process is ongoing.
Read all updates
Q4-2026 Updates
Positive
Negative
Strong Top-Line Growth (Quarter and Full Year)
Q4 total revenue rose 8.9% to $2.91 billion; Q4 organic revenue growth was 8.4%. Full-year 2026 revenue was ~$11.26 billion, up 8.9% YoY, with organic revenue growth of 8.3%.
Read all positive updates
Company Guidance
Management guided fiscal 2027 revenue of $12.10–$12.25 billion (up 7.4%–8.7%) and adjusted diluted EPS of $5.36–$5.50 (up 8.5%–11.3%), with implied incremental margins of about 30%–32% (inside their 25%–35% target) and implied operating‑margin expansion of roughly 10–60 basis points across the range. Assumptions include one extra workday in FY27 (~+40 bps to revenue), no additional acquisitions, constant FX, an effective tax rate near 20.2%, net interest expense around $105 million, expected CapEx near the historical ~3.5%–4% of revenue, and the guidance excludes non‑recurring UniFirst transaction costs, the effect of any future share buybacks, or significant economic disruptions.Cintas Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
80
Positive
Cash Flow
84
Very Positive
| Breakdown | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 11.26B | 10.34B | 9.60B | 8.82B | 7.85B |
| Gross Profit | 5.69B | 5.17B | 4.69B | 4.17B | 3.63B |
| EBITDA | 3.12B | 2.86B | 2.52B | 2.22B | 1.99B |
| Net Income | 2.00B | 1.81B | 1.57B | 1.35B | 1.24B |
Balance Sheet | |||||
| Total Assets | 10.53B | 9.83B | 9.48B | 8.83B | 8.43B |
| Cash, Cash Equivalents and Short-Term Investments | 289.02M | 263.97M | 342.01M | 124.15M | 90.47M |
| Total Debt | 2.71B | 2.65B | 2.67B | 2.67B | 2.97B |
| Total Liabilities | 5.39B | 5.14B | 5.16B | 4.96B | 5.12B |
| Stockholders Equity | 5.14B | 4.68B | 4.32B | 3.86B | 3.31B |
Cash Flow | |||||
| Free Cash Flow | 1.88B | 1.76B | 1.67B | 1.27B | 1.30B |
| Operating Cash Flow | 2.28B | 2.17B | 2.08B | 1.60B | 1.54B |
| Investing Cash Flow | -568.43M | -623.64M | -608.63M | -388.67M | -402.63M |
| Financing Cash Flow | -1.68B | -1.62B | -1.25B | -1.17B | -1.54B |
Cintas Technical Analysis
Positive
179.17
Price Trends
175.16
Positive
178.46
Positive
183.82
Positive
Market Momentum
6.24
Negative
74.25
Negative
87.25
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CTAS, the sentiment is Positive. The current price of 179.17 is below the 20-day moving average (MA) of 179.23, above the 50-day MA of 175.16, and below the 200-day MA of 183.82, indicating a bullish trend. The MACD of 6.24 indicates Negative momentum. The RSI at 74.25 is Negative, neither overbought nor oversold. The STOCH value of 87.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CTAS.
Cintas Risk Analysis
Cintas disclosed 18 risk factors in its most recent earnings report. Cintas reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Cintas Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $81.80B | 41.14 | 41.47% | 0.88% | 8.94% | 11.12% | |
70 Outperform | $76.78B | 36.67 | 21.70% | 1.01% | 4.90% | 0.42% | |
67 Neutral | $2.79B | 18.23 | 8.94% | 2.20% | 6.53% | 107.41% | |
67 Neutral | $5.06B | 44.02 | 6.24% | 0.71% | 1.41% | -22.01% | |
65 Neutral | $14.92B | 41.72 | 11.23% | 1.14% | 10.15% | 3.07% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $2.18B | -128.21 | -1.96% | 2.09% | -0.84% | 29.88% |
* Industrials Sector Average
CTAS
Cintas
204.45
-14.79
-6.75%
ABM
ABM Industries
47.58
1.30
2.82%
ECL
Ecolab
272.83
7.55
2.85%
UNF
UniFirst
291.44
118.29
68.32%
ARMK
ARAMARK Holdings
56.74
14.07
32.98%
VSTS
Vestis Corporation
16.50
10.52
175.92%
Cintas Corporate Events
Legal ProceedingsM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings
Cintas Faces FTC Review in UniFirst Acquisition Plan
Neutral
Jun 12, 2026
On March 10, 2026, Cintas agreed to acquire UniFirst through a two-step merger that will ultimately make UniFirst a wholly owned subsidiary of Cintas, consolidating their positions in the uniform and facilities services sector. On June 11, 2026, t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.