Cintas Corporation engages in the provision of 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. In addition, the company offers first aid and safety services, and fire protection products and services. It 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. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $10.3B | $2.9B | $1.8B | $1.8B | 38.7% | 7.7% | 15.3% |
| 2024 | $9.6B | $2.5B | $1.6B | $1.7B | 36.4% | 8.9% | 16.6% |
| 2023 | $8.8B | $2.2B | $1.3B | $1.3B | 34.9% | 12.2% | 9.1% |
| 2022 | $7.9B | $2.0B | $1.2B | $1.3B | 37.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 7,854.46 | 8,815.77 | 9,596.62 | 10,340.18 |
| Cost Of Revenue | - | 4,222.21 | 4,642.40 | 4,910.20 | 5,166.02 |
| Gross Profit | - | 3,632.25 | 4,173.37 | 4,686.42 | 5,174.16 |
| Operating Expense | - | 2,044.88 | 2,370.70 | 2,617.78 | 2,814.44 |
| Operating Income | - | 1,587.37 | 1,802.66 | 2,068.63 | 2,359.73 |
| EBITDA | - | 1,987.31 | 2,223.72 | 2,531.24 | 2,859.49 |
| EBIT | - | 1,587.61 | 1,804.38 | 2,074.38 | 2,365.31 |
| Pretax Income | - | 1,498.77 | 1,693.15 | 1,973.64 | 2,264.20 |
| Tax Provision | - | 263.01 | 345.14 | 402.04 | 451.92 |
| Net Income | - | 1,235.76 | 1,348.01 | 1,571.59 | 1,812.28 |
| Net Income Common Stockholders | - | 1,229.62 | 1,342.55 | 1,565.66 | 1,805.93 |
| Total Expenses | - | 6,267.09 | 7,013.10 | 7,527.98 | 7,980.46 |
| Interest Expense | - | 88.84 | 111.23 | 100.74 | 101.11 |
| Interest Income | - | 0.24 | 1.72 | 5.74 | 5.58 |
| Selling General And Administration | - | 2,044.88 | 2,370.70 | 2,617.78 | 2,814.44 |
| Normalized EBITDA | - | 1,987.31 | 2,223.72 | 2,531.24 | 2,859.49 |
| Normalized Income | - | 1,235.76 | 1,348.01 | 1,571.59 | 1,812.28 |
| Market Cap | 70,375.32 | 70,375.32 | 70,375.32 | 70,375.32 | 70,375.32 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Cintas Corporationthis co. | CTAS | $71.1B | 38.83β premium | 15.02 | 38.7% | 25.45 |
| Emerson Electric Co. | EMR | $79.5B | 34.64 | 3.92 | 11.3% | 18.94 |
| Illinois Tool Works Inc. | ITW | $78.5B | 25.31 | 24.06 | 95.1% | 18.47 |
| 3M Company | MMM | $78.4B | 23.43 | 16.19 | 69.1% | 12.91 |
| TransDigm Group Incorporated | TDG | $74.2B | 31.26 |
| - |
| - |
| - |
| - |
| - |
| -6.69 |
| -21.4% |
| 20.15 |
| Norfolk Southern Corporation | NSC | $71.7B | 24.99 | 4.62 | 18.5% | 14.97 |
| PACCAR Inc | PCAR | $66.7B | 28.11 | 3.47 | 12.3% | 20.09 |
| Republic Services, Inc. | RSG | $65.4B | 30.30 | 5.42 | 17.9% | 15.41 |
| United Rentals, Inc. | URI | $62.8B | 24.48 | 6.81 | 27.8% | 10.65 |
| Peer Median | - | 26.71 | 5.02 | 18.2% | 16.94 | |