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 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
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
FCF
Total debt
Cash
2025
$10.3B
$1.8B
50.0%
22.8%
$1.8B
$2.4B
$264M
2024
$9.6B
$1.6B
48.8%
21.6%
$1.7B
$2.5B
$342M
2023
$8.8B
$1.3B
47.3%
20.4%
$1.3B
$2.5B
$124M
2022
$7.9B
$1.2B
46.2%
20.2%
$1.3B
$2.8B
$90M
2021
$7.1B
$1.1B
46.6%
19.5%
$1.2B
$2.5B
$494M
2020
$7.1B
$876M
45.6%
16.4%
$1.1B
$2.5B
$145M
2019
$6.9B
$885M
45.4%
16.4%
$791M
$2.9B
$97M
2018
$6.5B
$843M
44.9%
14.7%
$692M
$2.5B
$139M
2017
$5.3B
$481M
44.7%
14.5%
$491M
$2.8B
$169M
2016
—
$694M
—
—
$190M
$1.0B
$139M
2015
—
$431M
—
—
$363M
$1.3B
$417M
2014
—
$374M
—
—
$460M
$1.3B
$513M
2013
—
$315M
—
—
—
$1.3B
$352M
2012
—
$298M
—
—
—
$1.3B
$340M
2011
—
$247M
—
—
$158M
$1.3B
$438M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Feb '26
$2.8B
$502M
51.0%
23.2%
$531M
$2.4B
$183M
Nov '25
$2.8B
$495M
50.4%
23.4%
$425M
$2.4B
$201M
Aug '25
$2.7B
$491M
50.3%
22.7%
$313M
$2.4B
$138M
May '25
$2.7B
$448M
0.0%
22.4%
$521M
$2.4B
$264M
Feb '25
$2.6B
$463M
50.6%
23.4%
$521M
$2.5B
$243M
Nov '24
$2.6B
$448M
49.8%
23.1%
$343M
$2.5B
$122M
Aug '24
$2.5B
$452M
50.1%
22.4%
$367M
$2.5B
$101M
May '24
$2.5B
$414M
0.0%
22.2%
$580M
$2.5B
$342M
Feb '24
$2.4B
$398M
0.0%
21.6%
$550M
$2.5B
$128M
Nov '23
$2.4B
$375M
0.0%
21.0%
$299M
$2.5B
$86M
Aug '23
$2.3B
$385M
0.0%
21.4%
$230M
$2.5B
$88M
May '23
$2.3B
$346M
0.0%
20.6%
$447M
$2.5B
$124M
Feb '23
$2.2B
$326M
0.0%
20.4%
$347M
$2.7B
$89M
Nov '22
$2.2B
$324M
0.0%
20.5%
$245M
$2.9B
$90M
Aug '22
$2.2B
$352M
0.0%
20.3%
$228M
$3.0B
$75M
May '22
$2.1B
$294M
0.0%
19.5%
$476M
$2.8B
$90M
Feb '22
$2.0B
$315M
0.0%
20.8%
$336M
$2.9B
$84M
Nov '21
$1.9B
$295M
0.0%
19.8%
$272M
$2.5B
$113M
Aug '21
$1.9B
$331M
0.0%
20.8%
$213M
$2.6B
$80M
May '21
$1.8B
$268M
0.0%
19.4%
$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 fallen from 37.4× (Mar '23) to 37.3× (Jun '26).
The price-to-sales ratio has risen from 5.9× (Mar '23) to 6.5× (Jun '26).
The dividend yield has risen from 0.8% (Mar '23) to 0.9% (Jun '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 Jun '26, Cintas traded at a price-to-earnings ratio of about 37.3× (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.