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Cintas Corporation

CTAS Industrials Specialty Business Services

Cintas Corporation’s revenue for fiscal 2026 (year ended May 2026) was $11.3 billion, up 8.94% from fiscal 2025. In the quarter to August 2026, revenue grew 10.9%, EPS grew 12.5%, free cash flow grew 48.7% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for ten, operating cash flow growth for ten.

202.41 1.29 +0.64%
Market cap
$80.6B
P/E
39.5×
Fwd P/E
33.1×
Dividend yield
0.92%
F-score
8/9
Altman Z
11.41
Beneish M
−2.52
Dividend safety
85/100

Cintas Corporation (CTAS) Business Profile

Updated · Covers results through FY2026 · Sources · How this is made

What it does

The company states that it helps more than one million businesses prepare their facilities and employees for daily operations. Its offerings include uniform rental and servicing, garments, mats, mops, shop towels, restroom supplies and cleaning services. It also provides workplace water, first aid and safety products and services, AEDs, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm testing. The filing identifies Uniform Rental and Facility Services and First Aid and Safety Services as its reportable operating segments; Fire Protection Services and Uniform Direct Sale are included in All Other.

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1 — sec.gov

How it makes money

The company earns most of its revenue from Uniform Rental and Facility Services: $8.6 billion in FY2026, representing 76.5% of revenue. The filing describes this segment as rental and servicing of uniforms, garments, mats, mops and shop towels, plus related items and services. First Aid and Safety Services generated $1.4 billion, while Fire Protection Services generated $929.1 million. The segment table referenced below provides the full revenue breakdown, including All Other; the filing includes Fire Protection Services and Uniform Direct Sale within that category.

Product or service Revenue, FY2026 Share Change on the year
Uniform rental and facility services $8.6 billion 76.5% 8.09%
Other $2.6 billion 23.5% 11.8%

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1 — sec.gov

Customers and geography

The company states that it serves over one million businesses, ranging from small service and manufacturing companies to major corporations. Its customer base is diversified: no individual customer accounted for more than one percent of total revenue, according to the filing. Cintas operates primarily in the United States, and also serves Canada and Latin America. The filing states that U.S. operations generated over 90% of consolidated revenue in all periods presented, while foreign operations are conducted primarily through wholly owned subsidiaries in Canada.

Segment Revenue, FY2026 Share Change on the year
Uniform rental and facility services $8.6 billion 76.5% 8.09%
First Aid and Safety Services $1.4 billion 12.4% 14.3%
Fire Protection Services $929.1 million 8.25% 13.7%
Uniform Direct Sales $322.1 million 2.86% −1.95%

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1 — sec.gov

Competition

The filing describes Cintas’ primary markets as local and highly fragmented. It states that the company competes with national, regional and local providers; large national and small local retailers; and companies with a significant online presence. The filing does not name individual competitors. It identifies product, design, price, quality, service and customer convenience as competitive elements. It also notes that customers and prospective customers may choose to perform certain services in-house rather than outsource them.

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1 and Item 1A — sec.gov

Key risks

The filing identifies these significant risks, among others:

  • Negative global economic factors, including unemployment, inflation, recessionary conditions, trade-policy changes and higher input costs, may affect demand, costs and results.
  • Increased competition, price reductions by competitors and customers choosing in-house services could adversely affect revenue and results.
  • The proposed UniFirst acquisition may not close; if completed, integrating the business and realizing anticipated benefits may present challenges.
  • Supplier-related risks, including tariffs, foreign-trade measures, raw-material availability, transport costs and supplier instability, could affect access to products and costs.
  • Disruptions or privacy incidents involving internal, external or third-party information-technology systems could affect customer service, revenue, operations and reputation.
  • Artificial intelligence and other emerging technologies may produce flawed outputs or create operational, legal, regulatory and cybersecurity risks.

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1A — sec.gov

People and operations

At May 31, 2026, Cintas employed approximately 48,100 employee-partners globally; approximately 800 were represented by labor unions. The company states that Uniform Rental and Facility Services uses local delivery routes originating from rental processing plants and branches. First Aid and Safety Services and All Other use its distribution network, local delivery routes or local representatives. At fiscal year-end, the company had approximately 12,500 local delivery routes, 484 operational facilities and 12 distribution centers. It also operated five manufacturing facilities for standard uniform needs.

Source: Cintas Corporation Form 10-K for fiscal 2026, Item 1 — sec.gov

Sources

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.