Cintas (CTAS) stock
Industrials · Diversified Support Services
Cintas (CTAS) is a Diversified Support Services company in the Industrials sector, headquartered in Mason, Ohio. As of October 23, 2026, CTAS closed at $224.10, a market capitalization of $88.98 billion, the 139th largest company in the S&P 500. Over the last twelve months it generated $11.56 billion in revenue (+11% year over year) and $2.03 billion in free cash flow. The stock trades at 44.2x trailing earnings and 36.4x forward earnings.
- 1-year total return: +17.7% (dividends reinvested)
- 5-year return: +17.1% a year
- 52-week range: $161.16 – $225.79
- Gross margin 51.0%, operating margin 24.1%
- Dividend yield: 0.93%, 4 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 19th largest of 83 Industrials stocks in the S&P 500
CTAS price chart
1Y price change: +16.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| CTAS | +16.7% | +20.1% | +17.7% | +22.6% | +17.1% | +25.1% | +18.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1983.
CTAS key statistics
- Market cap
- $89.0B
- #139 in S&P 500
- P/E (TTM)
- 44.2x
- Forward P/E
- 36.4x
- EPS (TTM)
- $5.07
- Revenue (TTM)
- $11.6B
- +11%
- Free cash flow
- $2.0B
- Gross margin
- 51.0%
- Operating margin
- 24.1%
- Return on equity
- 41.4%
- Dividend yield
- 0.93%
- 52-week range
- $161.16 – $225.79
- Beta
- 0.92
- Price / sales
- 7.7x
- EV / EBITDA
- 29.4x
- Debt / equity
- 0.52x
- Employees
- 48,100
CTAS report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth10.9%B
- Gross margin51.0%B
- Operating margin24.1%B
- FCF margin17.6%B
- Return on equity41.4%A
- Net debt / EBITDA0.8xB
- Forward P/E36.4xD
- PEG ratio3.1xF
- Shareholder yield2.0%C
- Share count change / yr-1.2%B
Cintas financials
Revenue went from $5.3B in fiscal 2017 to $11.3B in fiscal 2026, growing 8.7% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3B | $6.5B | $6.9B | $7.1B | $7.1B | $7.9B | $8.8B | $9.6B | $10.3B | $11.3B |
| Gross profit | $2.4B | $2.9B | $3.1B | $3.2B | $3.3B | $3.6B | $4.2B | $4.7B | $5.2B | $5.7B |
| Operating income | $773.7M | $949.8M | $1.1B | $1.2B | $1.4B | $1.6B | $1.8B | $2.1B | $2.4B | $2.6B |
| Net income | $480.7M | $842.6M | $885.0M | $876.0M | $1.1B | $1.2B | $1.3B | $1.6B | $1.8B | $2.0B |
| EPS (diluted) | $1.09 | $1.89 | $2.00 | $2.03 | $2.56 | $2.91 | $3.25 | $3.79 | $4.40 | $4.91 |
| Free cash flow | $490.6M | $692.5M | $791.1M | $1.1B | $1.2B | $1.3B | $1.3B | $1.7B | $1.8B | $1.9B |
| Buybacks | $20.7M | $127.3M | $1.0B | $464.5M | $554.1M | $1.5B | $398.9M | $700.0M | $934.8M | $952.1M |
| Dividends paid | $142.4M | $175.6M | $220.8M | $268.0M | $451.3M | $375.1M | $449.9M | $530.9M | $611.6M | $701.5M |
| Diluted shares | 431.1M | 439.2M | 438.0M | 428.0M | 430.8M | 422.1M | 413.5M | 413.5M | 410.3M | 406.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into CTAS?
A reverse DCF asks what growth the current price requires. With an enterprise value of $91.3B and $2.0B of trailing free cash flow, Cintas needs to grow free cash flow about 31.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 9.1% a year over the last five years.
P/E ratio history
Current 45.6x vs. median 28.0x (10th–90th percentile 18.6x–46.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
CTAS dividend
- Dividend yield
- 0.93%
- Annual dividend
- $2.08
- Years of increases
- 4
- 5-yr dividend growth
- 13.9%
- per year
- Payout ratio
- 37%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
CTAS analyst price targets
16 analysts' average 12-month target is $218.31 (-3% vs. $224.10). Targets range from $181.00 to $250.00. 50% rate it a buy.
CTAS earnings
Next report: December 17, 2026. Cintas has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $3.0B (+11% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Sep 23, 2026 | $1.36 | $1.36 | +0.2% |
| Jul 15, 2026 | $1.23 | $1.26 | +2.4% |
| Mar 25, 2026 | $1.24 | $1.24 | +0.1% |
| Dec 18, 2025 | $1.19 | $1.21 | +1.3% |
| Sep 24, 2025 | $1.19 | $1.20 | +0.7% |
| Jul 17, 2025 | $1.07 | $1.09 | +1.8% |
| Mar 26, 2025 | $1.05 | $1.13 | +7.4% |
| Dec 19, 2024 | $1.01 | $1.09 | +7.5% |
Stocks like CTAS
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|---|---|---|---|---|---|
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CTAS news
- Could Cintas Stock Survive Slower Growth? · Oct 22, 2026
- Cintas (CTAS) Stock Appears Fairly Priced on Current Cash Flow Expectations · Oct 22, 2026
- How Did This Low-Growth Stock Sneak Into IBD Growth Screens? · Oct 21, 2026
- This Blue-Chip Stock Is a ‘Hold’ for the Long Term Thanks to Robust Momentum and Fundamentals · Oct 21, 2026
- What Could Stall Cintas Stock's Run? · Oct 21, 2026
CTAS stock FAQ
What is CTAS's market cap?
Cintas's market capitalization is $88.98 billion as of October 23, 2026, ranking 139th in the S&P 500.
What is CTAS's P/E ratio?
CTAS trades at a trailing price-to-earnings ratio of 44.2x and a forward P/E of 36.4x. Its median P/E over the period we track is 28.0x.
Does CTAS pay a dividend?
Yes. Cintas pays $2.08 per share a year, a 0.93% yield. It has raised its dividend 4 years in a row. Dividends grew 13.9% a year over the last five years.
How much has CTAS stock returned?
Including reinvested dividends, CTAS returned +17.7% over one year, +17.1% a year over five years, +25.1% a year over ten years through October 23, 2026.
Is CTAS stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Cintas must grow free cash flow about 32% a year for the next decade. Its free cash flow grew 9% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the CTAS price target?
16 analysts cover CTAS with an average 12-month price target of $218.31, -3% from the current price. 50% of them rate it a buy.
When does CTAS report earnings?
Cintas is expected to report earnings on December 17, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Cintas have?
Cintas has about 48,100 full-time employees, or $240,346 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology