Overview
CINTAS CORP
Latest 10-K: FY2026, filed Jul 29, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $11.26B
- 8.9%YoYup from FY2025
- TotalRevenue
- Gross profit
- $5.71B
- 10.3%YoYup from FY2025
- GrossProfit
- Operating income
- $2.61B
- 10.5%YoYup from FY2025
- OperatingIncome
- Net income
- $2.00B
- 10.4%YoYup from FY2025
- NetIncome
- Diluted EPS
- $4.91
- 11.6%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 406.2M
- 1.0%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- CINTAS CORP reported revenue of $11.26B for fiscal 2026, up 8.9% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 4 of the last 4 fiscal years.
Profitability
- Operating margin was 23.1% and net margin was 17.8%.
Per share
- Diluted EPS was $4.91, up 11.6% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $11.26B8.9%up | $10.34B7.7%up Benchmark median 6.4% | $9.60B8.9%up Benchmark median 4.5% | $8.82B12.2%up Benchmark median 4.8% | $7.85B10.4%up Benchmark median 10.3% | 9.4% |
| Gross Profit Median of 315 / 498 | $5.71B10.3%up | $5.17B10.4%up Benchmark median 6.8% | $4.69B12.3%up Benchmark median 5.5% | $4.17B14.9%up Benchmark median 5.2% | $3.63B9.6%up Benchmark median 8.3% | 12.0% |
| Operating Income Median of 373 / 498 | $2.61B10.5%up | $2.36B14.1%up Benchmark median 7.3% | $2.07B14.8%up Benchmark median 7.4% | $1.80B13.6%up Benchmark median 4.9% | $1.59B14.6%up Benchmark median 7.5% | 13.2% |
| Net Income | $2.00B10.4%up | $1.81B15.3%up Benchmark median 4.8% | $1.57B16.6%up Benchmark median 5.7% | $1.35B9.1%up Benchmark median 1.9% | $1.24B11.2%up Benchmark median 1.3% | 12.8% |
| EPS (Diluted) | $4.9111.6%up | $4.4016.1%up Benchmark median 6.2% | $3.7916.6%up Benchmark median 7.9% | $3.25‡n/m Benchmark median 1.9% | $11.6513.8%up Benchmark median 1.5% | n/m |
‡ Share basis changed between these years (stock split or reverse split).
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $10.53B7.2%up | $9.83B7.2%up Benchmark median 5.6% | $9.17B7.3%up Benchmark median 3.4% | $8.55B4.9%up Benchmark median 4.1% | $8.15B1.1%down Benchmark median 2.2% | 6.6% |
| Total Liabilities Median of 357 / 498 | — | — | — | — | — | — |
| Stockholders' Equity | $5.14B9.7%up | $4.68B8.5%up Benchmark median 6.8% | $4.32B11.7%up Benchmark median 5.4% | $3.86B16.8%up Benchmark median 7.3% | $3.31B10.3%down Benchmark median 2.5% | 11.6% |
| Cash & Equivalents | $289.02M9.5%up | $263.97M22.8%down Benchmark median 5.2% | $342.01M175.5%up Benchmark median 1.9% | $124.15M37.2%up Benchmark median 6.7% | $90.47M81.7%down Benchmark median -8.6% | 33.7% |
| Total Debt | $2.44B0.0%unchanged | $2.44B1.6%down Benchmark median 2.1% | $2.48B0.4%down Benchmark median 0.2% | $2.49B11.1%down Benchmark median 0.3% | $2.80B10.0%up Benchmark median 0.1% | -3.4% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.28B5.1%up | $2.17B4.7%up Benchmark median 6.3% | $2.07B30.4%up Benchmark median 4.8% | $1.59B3.2%up Benchmark median 9.9% | $1.54B13.0%up Benchmark median -0.7% | 10.3% |
| Capital Expenditures | $395.11M3.4%down | $408.88M0.1%down Benchmark median 5.4% | $409.47M23.7%up Benchmark median 2.8% | $331.11M37.6%up Benchmark median 11.3% | $240.67M67.8%up Benchmark median 14.0% | 13.2% |
| Free Cash Flow Median of 378 / 498 | $1.88B7.1%up | $1.76B5.9%up Benchmark median 7.3% | $1.66B32.2%up Benchmark median 6.1% | $1.26B3.2%down Benchmark median 8.8% | $1.30B6.5%up Benchmark median -11.3% | 9.7% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
2.9%
Wall Street
on net earnings
FY2025 1.9%
2.7%
Value investor
on free cash flow
FY2025 1.9%
Gap −0.2 pts: Value-investor figure 0.2 points lower
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 34.9×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
4.3%
Wall Street
on EBITDA
FY2025 3.0%
3.6%
Value investor
on EBIT
FY2025 2.5%
Gap −0.7 pts: Value-investor figure 0.7 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 23.0×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
7.4%
Wall Street
on book equity
FY2025 5.0%
2.3%
Value investor
on tangible book
FY2025 1.4%
Gap −5.1 pts: Value-investor figure 5.1 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 13.5×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
40.7%
Wall Street
ROE: net income ÷ equity
FY2025 40.3%
24.4%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 23.8%
Gap −16.3 pts: Value-investor figure 16.3 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
27.7%
Wall Street
EBITDA margin
FY2025 27.6%
16.7%
Value investor
Free-cash-flow margin
FY2025 17.0%
Gap −11.0 pts: Value-investor figure 11.0 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.43×
Wall Street
Current ratio
FY2025 2.09×
1.27×
Value investor
Quick ratio, inventory excluded
FY2025 1.82×
Gap −0.16×: Value-investor figure 0.16 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
1.28×
Wall Street
EBITDA ÷ total debt
FY2025 1.17×
0.77×
Value investor
FCF ÷ total debt
FY2025 0.72×
Gap −0.51×: Value-investor figure 0.51 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net debt/EBITDA 0.69×Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
29.3×
Wall Street
EBITDA ÷ interest
FY2025 28.2×
24.5×
Value investor
EBIT ÷ interest
FY2025 23.3×
Gap −4.8×: Value-investor figure 4.8 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on CTAS yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on CTAS and publish the result to your public profile.
Cite this page
Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/CTAS
Valuein. (2026, October 30). CINTAS CORP (CTAS) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/CTAS
@misc{valuein_ctas_2026,
author = {{Valuein}},
title = {CINTAS CORP (CTAS) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/CTAS}},
note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}10-K filed Jul 29, 2026 · accession 0000723254-26-000028
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing
Index names are trademarks of their owners; Valuein is not affiliated with or endorsed by any index provider.