Cintas (CTAS) AI Stock Analysis

• Market Cap: $76.08B
• Dividend Yield: 0.88%
• Average Volume (3M): 1.64M
• Price to Earnings (P/E): 41.7
• Beta (1Y): 0.78
• Revenue Growth: 8.60%
• EPS Growth: 11.45%
• Country: US
• Employees: 46,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 1.21
• Shares Outstanding: 399,889,650
• 10 Day Avg. Volume: 933,933
• 30 Day Avg. Volume: 1,636,882
• PEG Ratio: 3.08
• Price to Book (P/B): 19.51
• Price to Sales (P/S): 8.84
• P/FCF Ratio: 52.02
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 7.18
• Enterprise Value/Gross Profit: 14.28
• Enterprise Value/Ebitda: 27.05
• 1Y Price Target: $211.18
• Price Target Upside: 11.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 15
• EPS Forecast (FY): 4.87
• Revenue Forecast (FY): $11.19B

• Rating: 75 Outperform
• Price Target: $214.00 ▲(12.48% Upside)

CTAS scores well primarily on strong financial performance and a bullish earnings update with raised guidance and record margins. The overall score is tempered by expensive valuation (high P/E, low yield) and mixed longer-term technical positioning (below the 100/200-day averages), with additional uncertainty from the UniFirst acquisition proposal.

Positive Factors

Revenue Growth

Strong revenue growth across segments indicates robust demand and effective market penetration, supporting long-term business expansion.

Margin Sustainability

Achieving record gross margins reflects efficient cost management and pricing power, enhancing profitability and competitive positioning.

Cash Generation Ability

Strong cash generation supports reinvestment in growth opportunities and shareholder returns, ensuring financial stability and flexibility.

Negative Factors

Increased Expenses

Rising expenses could pressure margins and profitability, potentially impacting long-term financial performance if not managed effectively.

Regulatory Uncertainty

Potential regulatory hurdles in the UniFirst acquisition could delay strategic expansion and create uncertainty in achieving anticipated synergies.

ERP Implementation Costs

Ongoing ERP costs in the Fire segment may strain resources and affect margins, posing a risk to operational efficiency and profitability.

Cintas Business Overview & Revenue Model

Company Description

Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.

How the Company Makes Money

Cintas generates revenue primarily through its uniform rental and leasing services, which involve providing customers with uniforms on a rental basis, including regular cleaning and maintenance. Additional revenue streams include the sale of promotional products, facility services such as mat and restroom supply rentals, and first aid and safety products. The company also benefits from long-term contracts with customers, ensuring a steady stream of income. Key partnerships with various suppliers and manufacturers enhance its product offerings, while the company's focus on customer service and tailored solutions helps drive customer retention and growth in its client base.

Cintas Financial Statement Overview

Summary

Strong overall fundamentals: consistent revenue/profit growth, solid profitability (TTM net margin 17.58%), improved leverage (TTM debt-to-equity 0.18), and healthy cash conversion (operating cash flow to net income 1.06). Watchouts include slowing free cash flow growth (TTM 5.01%) and a noted decline in gross margin versus prior years in the financial statement summary.

Income Statement

Cintas has demonstrated strong revenue growth with a consistent upward trajectory over the years. The TTM data shows a solid gross profit margin of 24.51% and a net profit margin of 17.58%, indicating efficient cost management and profitability. The EBIT and EBITDA margins are robust, reflecting operational efficiency. However, the gross profit margin has decreased compared to previous years, which could be a point of concern if the trend continues.

Balance Sheet

The company's balance sheet shows a healthy debt-to-equity ratio of 0.18 in the TTM, significantly improved from previous years, indicating reduced leverage and financial risk. Return on equity is strong at 41.07%, showcasing effective use of equity to generate profits. The equity ratio is stable, reflecting a solid financial structure. However, the high ROE could be partly due to lower equity levels, which should be monitored.

Cash Flow

Cintas has shown a positive free cash flow growth rate of 5.01% in the TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio of 1.06 suggests that the company efficiently converts its earnings into cash. The free cash flow to net income ratio is healthy at 0.81, reflecting good cash flow management. However, the growth rate has slowed compared to previous periods, which could impact future liquidity.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.34B	9.60B	8.82B	7.85B	7.12B
Gross Profit	5.17B	4.69B	4.17B	3.63B	3.31B
EBITDA	2.86B	2.52B	2.22B	1.99B	1.77B
Net Income	1.81B	1.57B	1.35B	1.24B	1.11B
Balance Sheet
Total Assets	9.83B	9.48B	8.83B	8.43B	8.56B
Cash, Cash Equivalents and Short-Term Investments	263.97M	342.01M	124.15M	90.47M	493.64M
Total Debt	2.65B	2.67B	2.67B	2.97B	2.72B
Total Liabilities	5.14B	5.16B	4.96B	5.12B	4.87B
Stockholders Equity	4.68B	4.32B	3.86B	3.31B	3.69B
Cash Flow
Free Cash Flow	1.76B	1.67B	1.27B	1.30B	1.22B
Operating Cash Flow	2.17B	2.08B	1.60B	1.54B	1.36B
Investing Cash Flow	-623.64M	-608.63M	-388.67M	-402.63M	-137.22M
Financing Cash Flow	-1.62B	-1.25B	-1.17B	-1.54B	-879.87M

Cintas Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 190.26
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 190.26 is above the 20-day moving average (MA) of 188.60, above the 50-day MA of 186.16, and below the 200-day MA of 204.39, indicating a neutral trend. The MACD of 0.32 indicates Positive momentum. The RSI at 55.66 is Neutral, neither overbought nor oversold. The STOCH value of 53.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CTAS.

Cintas Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTAS	75 Outperform	$76.08B	41.74	43.25%	0.88%	8.60%	11.45%
UNF	70 Outperform	$3.51B	26.90	6.93%	0.71%	0.20%	2.72%
ABM	69 Neutral	$2.65B	17.25	9.10%	2.20%	4.62%	102.72%
ARMK	68 Neutral	$10.23B	31.89	10.55%	1.14%	6.35%	24.07%
ECL	66 Neutral	$76.97B	39.08	21.73%	1.01%	1.38%	-2.54%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
VSTS	58 Neutral	$833.40M	-20.71	-4.55%	2.09%	-2.53%	-291.35%

Cintas Corporate Events

Cintas Renews Cash Proposal to Acquire UniFirst Corporation

On December 22, 2025, Cintas Corporation announced that it had submitted, and on December 12, 2025 delivered, a renewed non-binding proposal to acquire all outstanding common and Class B shares of rival UniFirst Corporation for $275 per share in cash, valuing UniFirst at about $5.2 billion and representing a 64% premium to UniFirst’s 90-day average share price as of December 11, 2025. Cintas framed the move as a strategic combination that would create a leading player in uniform and facility services with expanded processing capacity, greater route density and the ability to serve well over 1 million business customers across the U.S. and Canada, while emphasizing that the offer carries no financing contingency, has full support from Cintas’ board, and includes a $350 million reverse termination fee to bolster deal certainty in the face of regulatory review, although UniFirst has so far only acknowledged receipt of the proposal without engaging substantively.

The most recent analyst rating on (CTAS) stock is a Sell with a $181.00 price target. To see the full list of analyst forecasts on Cintas stock, see the CTAS Stock Forecast page.

Cintas Shareholders Vote on Key Governance Matters

On October 28, 2025, Cintas Corporation held its 2025 Annual Meeting of Shareholders, where several key matters were voted on. Shareholders elected new directors, approved executive compensation, ratified Ernst & Young LLP as the independent auditor for fiscal 2026, and rejected a proposal to allow shareholders to call special meetings. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its future direction and stakeholder relations.

The most recent analyst rating on (CTAS) stock is a Buy with a $226.00 price target. To see the full list of analyst forecasts on Cintas stock, see the CTAS Stock Forecast page.