15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.6% per year over the past 5 years.
Net income has grown faster than revenue (12.5% vs 9.6% per year).
Operating margin has expanded, at 23.1% in the latest year.
Free cash flow has grown 9.1% per year over the past 5 years.
Financial health
Total debt ($2.4B) exceeds cash ($289M); net debt is $2.1B.
Total debt has grown slower than revenue (-0.9% vs 9.6% per year).
Operating income covered interest expense 25× in the latest year.
Total debt is 0.8× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 35.1% of earnings and 37.3% of free cash flow.
The dividend has grown 9.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$11.3B
$2.0B
50.7%
23.1%
38.9%
19.0%
$1.9B
$2.4B
$289M
2025
$10.3B
$1.8B
50.0%
22.8%
38.7%
18.4%
$1.8B
$2.4B
$264M
2024
$9.6B
$1.6B
48.8%
21.6%
36.4%
17.1%
$1.7B
$2.5B
$342M
2023
$8.8B
$1.3B
47.3%
20.4%
34.9%
15.8%
$1.3B
$2.5B
$124M
2022
$7.9B
$1.2B
46.2%
20.2%
37.4%
15.2%
$1.3B
$2.8B
$90M
2021
$7.1B
$1.1B
46.6%
19.5%
30.1%
13.5%
$1.2B
$2.5B
$494M
2020
$7.1B
$876M
45.6%
16.4%
27.1%
11.4%
$1.1B
$2.5B
$145M
2019
$6.9B
$885M
45.4%
16.4%
29.5%
11.9%
$791M
$2.9B
$97M
2018
$6.5B
$843M
44.9%
14.7%
27.9%
12.1%
$692M
$2.5B
$139M
2017
$5.3B
$481M
44.7%
14.5%
20.9%
7.0%
$491M
$2.8B
$169M
2016
—
$694M
—
—
37.6%
16.9%
$190M
$1.0B
$139M
2015
—
$431M
—
—
22.3%
10.3%
$363M
$1.3B
$417M
2014
—
$374M
—
—
17.1%
8.4%
$460M
$1.3B
$513M
2013
—
$315M
—
—
14.3%
7.3%
—
$1.3B
$352M
2012
—
$298M
—
—
13.9%
7.1%
—
$1.3B
$340M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Aug '26
$3.0B
$552M
51.5%
23.6%
10.6%
5.2%
$465M
$2.4B
$244M
May '26
$2.9B
$511M
51.0%
23.2%
9.9%
4.9%
$613M
$2.4B
$289M
Feb '26
$2.8B
$502M
51.0%
23.2%
10.5%
4.9%
$531M
$2.4B
$183M
Nov '25
$2.8B
$495M
50.4%
23.4%
11.1%
4.9%
$425M
$2.4B
$201M
Aug '25
$2.7B
$491M
50.3%
22.7%
10.3%
5.0%
$313M
$2.4B
$138M
May '25
$2.7B
$448M
49.7%
22.4%
9.6%
4.6%
$526M
$2.4B
$264M
Feb '25
$2.6B
$463M
50.6%
23.4%
10.1%
4.8%
$521M
$2.5B
$243M
Nov '24
$2.6B
$448M
49.8%
23.1%
10.4%
4.8%
$343M
$2.5B
$122M
Aug '24
$2.5B
$452M
50.1%
22.4%
11.2%
5.0%
$367M
$2.5B
$101M
May '24
$2.5B
$414M
0.0%
22.2%
9.6%
4.5%
$580M
$2.5B
$342M
Feb '24
$2.4B
$398M
0.0%
21.6%
9.4%
4.4%
$550M
$2.5B
$128M
Nov '23
$2.4B
$375M
0.0%
21.0%
9.4%
4.3%
$299M
$2.5B
$86M
Aug '23
$2.3B
$385M
0.0%
21.4%
9.4%
4.4%
$230M
$2.5B
$88M
May '23
$2.3B
$346M
0.0%
20.6%
9.0%
4.1%
$447M
$2.5B
$124M
Feb '23
$2.2B
$326M
0.0%
20.4%
9.0%
3.8%
$347M
$2.7B
$89M
Nov '22
$2.2B
$324M
0.0%
20.5%
9.5%
3.8%
$245M
$2.9B
$90M
Aug '22
$2.2B
$352M
0.0%
20.3%
10.9%
4.3%
$228M
$3.0B
$75M
May '22
$2.1B
$294M
0.0%
19.5%
8.9%
3.6%
$476M
$2.8B
$90M
Feb '22
$2.0B
$315M
0.0%
20.8%
9.6%
3.9%
$336M
$2.9B
$84M
Nov '21
$1.9B
$295M
0.0%
19.8%
8.3%
3.7%
$272M
$2.5B
$113M
Valuation over time
How the market has priced CTAS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 37.2× (Mar '23) to 44.6× (Nov '26).
The price-to-sales ratio has risen from 5.8× (Mar '23) to 7.9× (Nov '26).
The dividend yield has fallen from 0.8% (Mar '23) to 0.8% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is CTAS growing its revenue and profit?
Over the past 5 years, Cintas's revenue has grown 9.6% per year, and net income grown 12.5% per year. These are computed facts, not advice.
How much debt does CTAS have?
As of FY2026, Cintas reported $2.4B of total debt against $289M of cash; operating income covered interest expense 25×.
What is CTAS's profit margin?
In FY2026, gross margin was 50.7%, operating margin 23.1%, and net margin 17.8%.
What is CTAS's P/E ratio?
Cintas's P/E (TTM) is 43.32 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CTAS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 44.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.