CTAS Financials Cintas

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has grown 7.9% per year over the past 5 years.
Net income has grown faster than revenue (15.6% vs 7.9% per year).
Operating margin has expanded, at 22.8% in the latest year.
Free cash flow has grown 10.6% per year over the past 5 years.

Financial health

Total debt ($2.4B) exceeds cash ($264M); net debt is $2.2B.
Total debt has grown slower than revenue (-0.9% vs 7.9% per year).
Operating income covered interest expense 23× in the latest year.
Total debt is 0.9× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 33.7% of earnings and 34.8% of free cash flow.
The dividend has grown 17.9% 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
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
2011	—	$247M	—	—	10.7%	5.7%	$158M	$1.3B	$438M

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
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	0.0%	22.4%	9.6%	4.6%	$521M	$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
Aug '21	$1.9B	$331M	0.0%	20.8%	10.0%	4.2%	$213M	$2.6B	$80M
May '21	$1.8B	$268M	0.0%	19.4%	7.3%	3.3%	$413M	$2.5B	$494M

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 37.4× (Mar '23) to 44.4× (Sep '26).
The price-to-sales ratio has risen from 5.9× (Mar '23) to 7.8× (Sep '26).
The dividend yield has fallen from 0.8% (Mar '23) to 0.8% (Sep '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 7.9% per year, and net income grown 15.6% per year. These are computed facts, not advice.

How much debt does CTAS have?

As of FY2025, Cintas reported $2.4B of total debt against $264M of cash; operating income covered interest expense 23×.

What is CTAS's profit margin?

In FY2025, gross margin was 50.0%, operating margin 22.8%, and net margin 17.5%.

What is CTAS's P/E ratio?

As of Sep '26, Cintas traded at a price-to-earnings ratio of about 44.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.