Cintas Corporation (CTAS) - Company Profile - 2026-04-23

Company Overview

Ticker: CTAS

Name: Cintas Corporation

Sector: Industrials / Industry: Specialty Business Services

Country: United States

Employees: 48,300

Website: https://www.cintas.com

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

Business and Operations

• Segments: Uniform Rental and Facility Services; First Aid and Safety Services; All Other.
• Core offerings: rental and servicing of uniforms and related garments; flame-resistant clothing; restroom supplies; mats, mops, and shop towels; first aid and safety services; fire protection products and services; sales of uniforms.
• Geography: primary operations in the United States, with activities in Canada and Latin America.
• Delivery model: distribution network and local delivery routes, or local representatives, serving small service firms, manufacturers, and large corporate customers.
• Corporate history: established in 1968; headquartered in Cincinnati, Ohio.

Fundamental Metrics

• Market cap: $71.06B
• Enterprise value: $72.61B
• P/E (trailing): 37.55
• P/E (forward): 32.74
• P/B: 14.84
• P/S: 6.44
• PEG: 2.78
• Profit margin: 17.57%
• Operating margin: 23.22%
• ROE: 41.30%
• [ROA](https://aksoycapital.com/glossary/return-on-assets-roa.html): 15.94%
• Debt/Equity: 60.94
• [Current ratio](https://aksoycapital.com/glossary/current-ratio.html): 1.98
• Revenue (TTM): $11.03B
• Revenue growth (YoY): 8.90%
• Earnings growth (YoY): 9.70%
• Free cash flow: $1.51B
• Dividend yield: 103.00%
• Payout ratio: 36.71%
• Beta: 1.01

Share Structure and Ownership

• Shares outstanding: 400,087,119
• Float: 342,082,488
• Insider held: 14.97%
• Institutional held: 67.80%
• Short ratio (days to cover): 3.80
• Short % of float: 3.33%

Top institutional holders:

• Vanguard Group Inc: 9.75% of shares
• Blackrock Inc.: 7.23% of shares
• State Street Corporation: 3.83% of shares
• Geode Capital Management, LLC: 2.32% of shares
• FMR, LLC: 1.84% of shares

Trading Activity

• Last close: $177.62 on 2026-04-23
• 1-month change: -0.29%
• 3-month change: -8.32%
• YTD change: -3.93%
• 1-year change: -15.32%
• 52-week high: $229.24
• 52-week low: $165.60
• [Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52W high: -22.52%
• 30-day avg volume: 2,446,196
• 90-day avg volume: 2,152,857

Recent Price Action

• Last close: $177.62 (2026-04-23)
• 52-week high/low: $229.24 / $165.60
• Drawdown from 52-week high: 22.52%
• 1-month change: -0.29%
• 3-month change: -8.32%
• Year-to-date change: -3.93%
• 1-year change: -15.32%

Strengths

• Large-scale enterprise with a diversified segment mix (Uniform Rental and Facility Services; First Aid and Safety Services; All Other) and established U.S., Canadian, and Latin American presence.
• Strong profitability indicators: net profit margin of 17.57% and operating margin of 23.22%.
• Very high return on equity (ROE) at 41.30%, supported by solid asset utilization (ROA 15.94%).
• Substantial free cash flow generation: $1.51B.
• Healthy liquidity signal: current ratio 1.98.
• Robust institutional ownership: 67.80% of shares held by institutions.
• Large market capitalization (~$71.06B) with a comparable enterprise value (~$72.61B).

Considerations

• Valuation metrics imply a high price level relative to earnings and assets (P/E trailing 37.55; P/B 14.84; P/S 6.44; forward P/E 32.74; PEG 2.78).
• Debt load is notable (Debt/Equity 60.94), which may warrant monitoring relative to interest coverage and capital allocation.
• Dividend yield reported at 103.00% is unusually high and warrants verification, given the payout ratio is 36.71%.
• Recent price action shows a negative performance over multiple horizons (1-month -0.29%; 3-month -8.32%; YTD -3.93%; 1-year -15.32%), indicating price decline from prior levels.
• Significant concentration of ownership among institutions; potential sensitivity to large holders’ actions.
• Geographic concentration in North America and Latin America may expose the company to regional economic cycles and currency risk.

Summary

Cintas Corporation operates as a diversified industrial services provider focused on uniform rental and facility services, first aid and safety services, and related offerings, with operations centered in the United States, Canada, and Latin America. The company reports strong profitability and cash flow metrics, a high ROE, and substantial institutional ownership, supported by a market capitalization near $71B and an enterprise value close to $72.6B. Recent price action indicates modest to notable declines across several time horizons, while [valuation multiples](https://aksoycapital.com/glossary/valuation-multiples.html) are elevated relative to earnings, assets, and sales.