Reading the tape
NASDAQ: CTAS
Cintas Corporation
Industrials · Specialty Business Services
Market Cap
$66.80B
52w High
$229.24
52w Low
$165.46
P/E
34.62
Volume
1.57M
Outstanding Shares
400.09M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
1Y Price: -22.33%Revenue (TTM): 8.71%FCF (TTM): -2.07%P/FCF: 60th pct
What changed
The stock fell 22.33% over the last year. Revenue grew 8.71% over the trailing twelve months. Operating margin moved from 22.77% to 22.95%. Free cash flow declined 2.07% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently 22.95%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America.
CEOTodd Schneider
SectorIndustrials
IndustrySpecialty Business Services
Employees46,500
IPO dateAug 19, 1983
Valuation
Forward P/E—
EV/EBITDA32.80
Enterprise value$93.79B
Stock splits
Sep 12, 2024↑ Forward
Every 1 shares became 4
Mar 8, 2000↑ Forward
Every 2 shares became 3
Nov 19, 1997↑ Forward
Every 1 shares became 2
Apr 3, 1992↑ Forward
Every 1 shares became 2
Apr 3, 1991↑ Forward
Every 2 shares became 3
Apr 3, 1987↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth8.9%
Gross margin50.36%▲2.47%vs FY2024
Operating margin22.95%▲5.87%vs FY2024
ROE38.69%▲6.25%vs FY2024
Analyst consensus
RatingHold
Target price$223.40▲33.80%
11
Buy
17
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 16, 2026
Q2 FY26 · EPS est $1.24 · Revenue est $2.87B
View
Dividends
$0.45/shareAnnual4yr growth streakEx-div May 15, 2026 · in 5dSafeCTAS pays a dividend with a 0.27% declared yield, 4 consecutive years of growth, growing at 13.87% annually, covered 2.9× by free cash flow.
Declared Yield
0.27%
Annual Div / Share
$0.45
TTM $1.74
5yr CAGR
+13.87%
Doubles every ~5.3yr
Payout Ratio
35.04%
Safe
Dividend Growth Rate
3yr CAGR
+16.96%
5yr CAGR
+13.87%
10yr CAGR
+20.4%
Dividend Safety
10/10Safe
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$1.68+15.5%
2024$1.46+16.4%
2023$1.25+19.0%
2022$1.05+23.5%
2021$0.85-3.1%
2020$0.88+37.6%
2019$0.64+24.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$3/yr
$0/mo
In 5 yrs
$5/yr+76%
$0/mo
In 10 yrs
$8/yr+211%
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$3/yr $0/mo | $5/yr+76% $0/mo | $8/yr+211% $1/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.27% → 0.84% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 2.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 13.87% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.