Unifirst Corporation

UNF Industrials Specialty Business Services

Unifirst Corporation’s revenue for fiscal 2026 (year ended August 2026) was $2.5 billion, up 3.74% from fiscal 2025.

Revenue
+4.97%
EPS
−13.8%
Free cash flow
−31.1%

Quarter to August 2026, against a year earlier

242.83 8.11 −3.23%
Market cap
$4.2B
P/E
38.5×
Fwd P/E
40.0×
Dividend yield
0.60%
F-score
6/9
Altman Z
7.04
Beneish M
−2.59
Dividend safety
90/100

Insider Decisions last twelve months

Sold, $m 0.57
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 2 — — — — — — — — —
Insider Ownership 19.87%

Capital & Financial Ratios $m

Size
Market Cap 4,240.00
Revenue ttm 2,523.23
Net income ttm 109.49
Free cash flow ttm 71.56
Net debt Q (192.12)
Valuation
P/E 38.54 (above 35: high)
Forward P/E 40.00 (above 35: high)
Price / sales 1.74
Forward P/S Powerpack
Price / FCF 61.40
Price / book 1.97
Financial health
Current ratio Q 3.14 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 18.75
Growth
Revenue growth Q +4.97% (above 0%: growing)
Operating income growth Q −15.90% (below 0%: shrinking)
EPS, this year +4.24%
EPS, next year A +11.24%
Revenue, next year A +3.03%
EPS, past 5 yrs −5.39% (below 0%: weak)
EPS, next 5 yrs A +7.84%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 91.60%
10-year low 10-year high
P/S against its own 10 years 46.06%
10-year low 10-year high
P/B against its own 10 years 58.93%
10-year low 10-year high
EV/Sales against its own 10 years 62.19%
10-year low 10-year high
EV/FCF against its own 10 years 87.84%
10-year low 10-year high

Dividends raised every year since 2017

Yield
0.60%
Annual rate
1.46
Payout ratio
24.3%
Growth, 2017–25
+28.7%/yr
  1. 0.19 ’17
  2. 0.38 ’18 +100
  3. 0.59 ’19 +57
  4. 1.00 ’20 +70
  5. 1.05 ’21 +5
  6. 1.21 ’22 +15
  7. 1.26 ’23 +4
  8. 1.34 ’24 +6
  9. 1.42 ’25 +6
  10. 1.35 ’26e −5
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 90 175 209 192
Receivables 279 279 285 307
Inventory 148 157 145 146
Other 248 238 228 245
840 916 925 968
2023 2024 2025 2026
Payables 93 93 95 95
ST’ Debt — — — —
Other — — — —
267 281 290 308

Compound Annual Growth %

10y 5y 3y
Sales 5.57% 6.68% 4.16%
Cash Flow (0.11%) (0.67%) (1.65%)
Earnings (1.32%) (6.24%) 1.84%
Book Value 5.03% 3.54% 3.61%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Nov Feb May Aug Year
’26 — — — — —
’26 1.89 1.13 1.09 1.90 6.02
’25 2.31 1.31 2.13 2.23 7.98
’24 2.26 1.09 2.03 2.39 7.77
’23 1.81 0.95 1.29 1.47 5.53
’22 1.77 0.97 1.33 1.39 5.46
’21 2.20 1.71 2.21 1.82 7.94
Fiscal quarters ending in the months shown.

Revenue $m

Nov Feb May Aug Year
’26 — — — — —
’26 621 623 634 645 2,523
’25 605 602 611 614 2,432
’24 594 591 603 640 2,427
’23 542 543 577 572 2,233
’22 486 487 512 516 2,001
’21 447 450 464 465 1,826
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 15 74 51 66 205
’25 58 70 68 100 297
’24 46 61 86 102 295
’23 28 36 79 73 216
’22 8 37 44 34 123
’21 53 75 60 25 212
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 (24) 35 21 39 72
’25 25 38 27 56 146
’24 7 27 37 64 136
’23 (11) 1 30 25 44
’22 (23) 8 7 (11) (20)
’21 11 51 30 (12) 79
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to August

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,591 1,696 1,809 1,804 1,826 2,001 2,233 2,427 2,432 2,523 +5.3% 2,613 2,717 2,814 +3.7%
Gross margin, % 37.55 37.71 37.04 35.43 37.51 34.70 33.66 34.92 36.59 36.58 (1.0) pt
EBT 115 187 238 178 197 134 139 189 195 142 +2.4%
EBT margin, % 7.24 11.04 13.15 9.86 10.78 6.71 6.22 7.80 8.03 5.63 (1.6) pt
Net income 70 164 179 136 151 103 104 145 148 109 +5.1%
Per share, $
Per share, $ Revenue 78.89 85.63 94.82 95.36 96.73 106.29 119.49 130.07 131.33 139.44 +6.5%
Earnings 3.63 8.66 9.77 7.46 8.32 5.71 5.77 8.11 8.33 6.30 +6.3%
Cash flow 10.82 11.61 14.79 15.15 11.24 6.52 11.55 15.82 16.03 11.34 +0.5%
Capex (5.34) (5.60) (6.26) (6.15) (7.05) (7.56) (9.17) (8.53) (8.16) (7.39) +3.7%
Free cash flow 5.48 6.01 8.53 9.00 4.20 (1.04) 2.37 7.29 7.87 3.95 (3.6%)
Book value 72.05 73.95 86.01 92.03 99.20 101.78 107.23 112.98 117.11 123.18 +6.1%
Shares, m 20 20 19 19 19 19 19 19 19 18 (1.2%)
Valuation, ×
Valuation, × P/E 39.45 21.46 19.78 25.82 27.50 31.51 30.58 22.94 21.14 43.90 28.4
P/S 1.82 2.16 2.04 2.02 2.37 1.70 1.47 1.43 1.34 1.98 1.8
P/B 1.99 2.50 2.25 2.09 2.31 1.77 1.64 1.65 1.50 2.25 2.0
EV/Sales 1.60 2.01 1.83 1.76 2.09 1.51 1.44 1.36 1.26 1.91 1.7
EV/FCF 23.08 28.59 20.33 18.65 48.16 (153.81) 72.39 24.27 20.95 67.35 17.0
Cash, $m
Cash, $m Operating cash flow 218 230 282 287 212 123 216 295 297 205 (0.7%)
Capex (108) (111) (119) (116) (133) (142) (171) (159) (151) (134) +2.4%
Free cash flow 111 119 163 170 79 (20) 44 136 146 72 (4.7%)
Balance, $m
Balance, $m Working capital 636 586 724 759 849 820 573 634 634 660 +0.4%
Net debt (350) (271) (385) (475) (513) (376) (90) (175) (209) (192) (6.4%)
Shareholders’ equity 1,453 1,465 1,641 1,741 1,873 1,916 2,004 2,109 2,169 2,229 +4.9%
Returns, %
Returns, % ROA 3.99 8.95 9.21 6.39 6.60 4.30 4.15 5.52 5.42 3.88 (0.1) pt
ROIC 6.25 9.54 11.55 8.53 9.00 5.45 4.36 5.93 5.88 4.17 (2.1) pt
ROE 4.98 11.23 11.53 8.03 8.36 5.46 5.29 7.07 6.93 4.98 0.0 pt
People
People Employees 14,000 14,000 14,000 14,000 14,000 14,000 16,000 16,000 16,000 15,100 +0.8%
Revenue/emp, $m 0.11 0.12 0.13 0.13 0.13 0.14 0.14 0.15 0.15 0.17 +4.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026

Unifirst Corporation vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RTO Rentokil Initial PLC $12.1B 70.5× 27.4× +66.96% (above 0%: growing) +6.36% (above 0%: growing) +7.92% (above 0%: growing) 13.59% 0.00% Compare
DLB Dolby Laboratories $6.1B 27.2× 20.0× −3.34% (below 0%: shrinking) −37.50% (below 0%: shrinking) +157.37% (above 0%: growing) 86.78% 11.25% Compare
AMTM Amentum Holdings, Inc. $5.2B 25.6× 21.0× −1.99% (below 0%: shrinking) +575.00% (above 0%: growing) +35.00% (above 0%: growing) 10.32% 4.93% Compare
UNF Unifirst Corporation $4.2B 38.5× 40.0× +4.97% (above 0%: growing) −13.79% (below 0%: shrinking) −31.08% (below 0%: shrinking) 37.38% 6.46%
FA First Advantage Corporation $4.0B 92.5× 74.9× +13.84% (above 0%: growing) +705.37% (above 0%: growing) −30.88% (below 0%: shrinking) 0.00% 12.90% Compare
AZZ AZZ Inc. $3.7B 21.9× 19.8× +16.68% (above 0%: growing) −34.34% (below 0%: shrinking) +115.52% (above 0%: growing) 25.08% 17.21% Compare
MMS Maximus, Inc. $3.6B 10.2× 9.1× −5.15% (below 0%: shrinking) +4.81% (above 0%: growing) +30.90% (above 0%: growing) 27.27% 12.62% Compare
ABM ABM Industries Incorporated $3.2B 19.3× 15.7× +4.19% (above 0%: growing) +25.37% (above 0%: growing) −13.91% (below 0%: shrinking) 12.35% 3.95% Compare
TIC Acuren Corporation $2.1B — (loss-making) — (loss-making) +34.97% (above 0%: growing) n/m +186.55% (above 0%: growing) 35.38% 2.50% Compare
Median of peers $3.8B 25.6× 20.0× +9.02% +6.36% +32.95% 19.34% 8.09%

All 45 Specialty Business Services stocks →

Pay and ownership Proxy statement filed 5 December 2024

Chief executive’s pay

Year Total pay Actually paid $100 invested
2024 3.89m 4.02m 100.99
2023 3.44m 3.16m 93.05
2022 3.31m 1.85m 94.60
2021 3.28m 3.67m 119.48

Ownership

Directors and executive officers, together 1.20% of the votes
The Red Cat Limited Partnership 20.10% of the votes
The Ronald D. Croatti Trust—1993 19.80% of the votes
The Queue Limited Partnership 13.30% of the votes
Cecelia Levenstein 8.90% of the votes
BlackRock, Inc. 4.70% of the votes
The Vanguard Group, Inc. 3.30% of the votes
The London Company 1.90% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Unifirst Corporation (UNF) Latest News

2 Nov

Impact 4 · · Trefis

22 Oct

21 Oct

30 Sep

Impact 3 · · Trefis

25 Sep

23 Sep

Impact 4 · · Investing.com

21 Aug

UNF metrics, ten years each

stockrow.com/UNF · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com