CINTAS CORP (CTAS) Fundamental Analysis & Valuation

NASDAQ:CTAS • US1729081059

Current stock price

172.93 USD
-1.29 (-0.74%)
Last:

This CTAS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

10

1. CTAS Profitability Analysis

1.1 Basic Checks

  • CTAS had positive earnings in the past year.
  • CTAS had a positive operating cash flow in the past year.
  • CTAS had positive earnings in each of the past 5 years.
  • Each year in the past 5 years CTAS had a positive operating cash flow.
CTAS Yearly Net Income VS EBIT VS OCF VS FCFCTAS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

1.2 Ratios

  • CTAS has a better Return On Assets (18.87%) than 98.75% of its industry peers.
  • CTAS has a better Return On Equity (40.32%) than 97.50% of its industry peers.
  • CTAS's Return On Invested Capital of 24.01% is amongst the best of the industry. CTAS outperforms 98.75% of its industry peers.
  • CTAS had an Average Return On Invested Capital over the past 3 years of 21.68%. This is significantly above the industry average of 9.47%.
  • The last Return On Invested Capital (24.01%) for CTAS is above the 3 year average (21.68%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 18.87%
ROE 40.32%
ROIC 24.01%
ROA(3y)17.06%
ROA(5y)15.93%
ROE(3y)36.52%
ROE(5y)35.33%
ROIC(3y)21.68%
ROIC(5y)20.31%
CTAS Yearly ROA, ROE, ROICCTAS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • CTAS has a Profit Margin of 17.51%. This is amongst the best in the industry. CTAS outperforms 97.50% of its industry peers.
  • CTAS's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 22.95%, CTAS belongs to the best of the industry, outperforming 97.50% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CTAS has grown nicely.
  • CTAS's Gross Margin of 50.36% is amongst the best of the industry. CTAS outperforms 87.50% of its industry peers.
  • CTAS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.95%
PM (TTM) 17.51%
GM 50.36%
OM growth 3Y3.91%
OM growth 5Y6.07%
PM growth 3Y3.71%
PM growth 5Y7.35%
GM growth 3Y2.66%
GM growth 5Y1.86%
CTAS Yearly Profit, Operating, Gross MarginsCTAS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. CTAS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CTAS is creating value.
  • Compared to 1 year ago, CTAS has less shares outstanding
  • The number of shares outstanding for CTAS has been reduced compared to 5 years ago.
  • CTAS has a better debt/assets ratio than last year.
CTAS Yearly Shares OutstandingCTAS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
CTAS Yearly Total Debt VS Total AssetsCTAS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 11.53 indicates that CTAS is not in any danger for bankruptcy at the moment.
  • CTAS has a Altman-Z score of 11.53. This is amongst the best in the industry. CTAS outperforms 95.00% of its industry peers.
  • The Debt to FCF ratio of CTAS is 1.48, which is an excellent value as it means it would take CTAS, only 1.48 years of fcf income to pay off all of its debts.
  • CTAS has a Debt to FCF ratio of 1.48. This is amongst the best in the industry. CTAS outperforms 87.50% of its industry peers.
  • A Debt/Equity ratio of 0.51 indicates that CTAS is somewhat dependend on debt financing.
  • CTAS has a Debt to Equity ratio (0.51) which is in line with its industry peers.
  • Although CTAS's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF 1.48
Altman-Z 11.53
ROIC/WACC2.72
WACC8.84%
CTAS Yearly LT Debt VS Equity VS FCFCTAS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • CTAS has a Current Ratio of 1.98. This is a normal value and indicates that CTAS is financially healthy and should not expect problems in meeting its short term obligations.
  • CTAS's Current ratio of 1.98 is fine compared to the rest of the industry. CTAS outperforms 65.00% of its industry peers.
  • CTAS has a Quick Ratio of 1.74. This is a normal value and indicates that CTAS is financially healthy and should not expect problems in meeting its short term obligations.
  • CTAS has a better Quick ratio (1.74) than 70.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.98
Quick Ratio 1.74
CTAS Yearly Current Assets VS Current LiabilitesCTAS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CTAS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 9.79% over the past year.
  • Measured over the past years, CTAS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.84% on average per year.
  • CTAS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.71%.
  • CTAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.85% yearly.
EPS 1Y (TTM)9.79%
EPS 3Y15.77%
EPS 5Y16.84%
EPS Q2Q%9.73%
Revenue 1Y (TTM)8.71%
Revenue growth 3Y9.6%
Revenue growth 5Y7.85%
Sales Q2Q%8.9%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.86% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 7.86% on average over the next years.
EPS Next Y13.31%
EPS Next 2Y12.11%
EPS Next 3Y11.67%
EPS Next 5Y11.86%
Revenue Next Year9%
Revenue Next 2Y8.26%
Revenue Next 3Y8.37%
Revenue Next 5Y7.86%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
CTAS Yearly Revenue VS EstimatesCTAS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B
CTAS Yearly EPS VS EstimatesCTAS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

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Find the best growth stocksShow best growing peers

2

4. CTAS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 36.48, which means the current valuation is very expensive for CTAS.
  • CTAS's Price/Earnings is on the same level as the industry average.
  • CTAS is valuated rather expensively when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
  • CTAS is valuated quite expensively with a Price/Forward Earnings ratio of 31.20.
  • CTAS's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 21.99. CTAS is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 36.48
Fwd PE 31.2
CTAS Price Earnings VS Forward Price EarningsCTAS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as CTAS.
  • CTAS's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 38.67
EV/EBITDA 23.78
CTAS Per share dataCTAS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • CTAS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.74
PEG (5Y)2.17
EPS Next 2Y12.11%
EPS Next 3Y11.67%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. CTAS Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.01%, CTAS has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 0.87, CTAS pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 1.01, CTAS pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.01%

5.2 History

  • The dividend of CTAS is nicely growing with an annual growth rate of 18.49%!
  • CTAS has paid a dividend for at least 10 years, which is a reliable track record.
  • CTAS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)18.49%
Div Incr Years4
Div Non Decr Years4
CTAS Yearly Dividends per shareCTAS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 35.15% of the earnings are spent on dividend by CTAS. This is a low number and sustainable payout ratio.
  • The dividend of CTAS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.15%
EPS Next 2Y12.11%
EPS Next 3Y11.67%
CTAS Yearly Income VS Free CF VS DividendCTAS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
CTAS Dividend Payout.CTAS Dividend Payout, showing the Payout Ratio.CTAS Dividend Payout.PayoutRetained Earnings

More info and screens

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CTAS Fundamentals: All Metrics, Ratios and Statistics

CINTAS CORP

NASDAQ:CTAS (4/29/2026, 3:38:02 PM)

172.93

-1.29 (-0.74%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Industry Strength47.21
Industry Growth44.72
Earnings (Last)03-25
Earnings (Next)07-15
Inst Owners67.94%
Inst Owner Change-0.07%
Ins Owners1.65%
Ins Owner Change0%
Market Cap69.19B
Revenue(TTM)11.03B
Net Income(TTM)1.93B
Analysts71.11
Price Target218.13 (26.14%)
Short Float %3.12%
Short Ratio4.64
Dividend
Industry RankSector Rank
Dividend Yield 1.01%
Yearly Dividend1.51
Dividend Growth(5Y)18.49%
DP35.15%
Div Incr Years4
Div Non Decr Years4
Ex-Date05-15
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.34%
Min EPS beat(2)-1.76%
Max EPS beat(2)-0.91%
EPS beat(4)0
Avg EPS beat(4)-0.91%
Min EPS beat(4)-1.76%
Max EPS beat(4)-0.11%
EPS beat(8)4
Avg EPS beat(8)2.86%
EPS beat(12)7
Avg EPS beat(12)2.54%
EPS beat(16)11
Avg EPS beat(16)2.62%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.24%
Max Revenue beat(2)-0.74%
Revenue beat(4)0
Avg Revenue beat(4)-0.9%
Min Revenue beat(4)-1.24%
Max Revenue beat(4)-0.39%
Revenue beat(8)0
Avg Revenue beat(8)-1.33%
Revenue beat(12)0
Avg Revenue beat(12)-1.21%
Revenue beat(16)3
Avg Revenue beat(16)-0.7%
PT rev (1m)-2.34%
PT rev (3m)-1.39%
EPS NQ rev (1m)0.57%
EPS NQ rev (3m)0.55%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.45%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.25%
Valuation
Industry RankSector Rank
PE 36.48
Fwd PE 31.2
P/S 6.27
P/FCF 38.67
P/OCF 31.41
P/B 14.45
P/tB 83.02
EV/EBITDA 23.78
EPS(TTM)4.74
EY2.74%
EPS(NY)5.54
Fwd EY3.21%
FCF(TTM)4.47
FCFY2.59%
OCF(TTM)5.51
OCFY3.18%
SpS27.56
BVpS11.97
TBVpS2.08
PEG (NY)2.74
PEG (5Y)2.17
Graham Number35.727 (-79.34%)
Profitability
Industry RankSector Rank
ROA 18.87%
ROE 40.32%
ROCE 30.07%
ROIC 24.01%
ROICexc 24.54%
ROICexgc 47.22%
OM 22.95%
PM (TTM) 17.51%
GM 50.36%
FCFM 16.23%
ROA(3y)17.06%
ROA(5y)15.93%
ROE(3y)36.52%
ROE(5y)35.33%
ROIC(3y)21.68%
ROIC(5y)20.31%
ROICexc(3y)22.42%
ROICexc(5y)21.1%
ROICexgc(3y)45.31%
ROICexgc(5y)44.66%
ROCE(3y)27.16%
ROCE(5y)25.44%
ROICexgc growth 3Y4.19%
ROICexgc growth 5Y9.87%
ROICexc growth 3Y7.31%
ROICexc growth 5Y10.45%
OM growth 3Y3.91%
OM growth 5Y6.07%
PM growth 3Y3.71%
PM growth 5Y7.35%
GM growth 3Y2.66%
GM growth 5Y1.86%
F-Score8
Asset Turnover1.08
Health
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF 1.48
Debt/EBITDA 0.8
Cap/Depr 82.09%
Cap/Sales 3.75%
Interest Coverage 250
Cash Conversion 72.59%
Profit Quality 92.66%
Current Ratio 1.98
Quick Ratio 1.74
Altman-Z 11.53
F-Score8
WACC8.84%
ROIC/WACC2.72
Cap/Depr(3y)83.77%
Cap/Depr(5y)69.7%
Cap/Sales(3y)3.99%
Cap/Sales(5y)3.41%
Profit Quality(3y)98.91%
Profit Quality(5y)102.51%
High Growth Momentum
Growth
EPS 1Y (TTM)9.79%
EPS 3Y15.77%
EPS 5Y16.84%
EPS Q2Q%9.73%
EPS Next Y13.31%
EPS Next 2Y12.11%
EPS Next 3Y11.67%
EPS Next 5Y11.86%
Revenue 1Y (TTM)8.71%
Revenue growth 3Y9.6%
Revenue growth 5Y7.85%
Sales Q2Q%8.9%
Revenue Next Year9%
Revenue Next 2Y8.26%
Revenue Next 3Y8.37%
Revenue Next 5Y7.86%
EBIT growth 1Y9.57%
EBIT growth 3Y13.89%
EBIT growth 5Y14.4%
EBIT Next Year31.95%
EBIT Next 3Y16.2%
EBIT Next 5Y13.54%
FCF growth 1Y18.16%
FCF growth 3Y10.65%
FCF growth 5Y10.61%
OCF growth 1Y14.21%
OCF growth 3Y12.1%
OCF growth 5Y10.89%

CINTAS CORP / CTAS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for CINTAS CORP?

ChartMill assigns a fundamental rating of 7 / 10 to CTAS.


What is the valuation status for CTAS stock?

ChartMill assigns a valuation rating of 2 / 10 to CINTAS CORP (CTAS). This can be considered as Overvalued.


How profitable is CINTAS CORP (CTAS) stock?

CINTAS CORP (CTAS) has a profitability rating of 10 / 10.


Can you provide the financial health for CTAS stock?

The financial health rating of CINTAS CORP (CTAS) is 8 / 10.


Can you provide the expected EPS growth for CTAS stock?

The Earnings per Share (EPS) of CINTAS CORP (CTAS) is expected to grow by 13.31% in the next year.