Skip to content
AnalystLens

CINTAS CORPCTAS

Sector
Other
Industry
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
Exchange
Nasdaq

Stock Price $CTAS

Latest filings

You are here#25 of 57 in Industrials by market cap

Filing record · 2016–202610-K1110-Q338-K88

CTAS filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 88 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Dec ’16Dec ’16
  2. Leadership change8-K · Aug ’18Aug ’18
  3. Leadership change8-K · Apr ’21Apr ’21
  4. FY2025 annual report10-K · Jul ’25Jul ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  17. $10.34B
YoY changeLargest recent move+21.7%in FY18Latest +7.7%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All CTAS Financial Metrics58 metrics

Income Statement13

Balance Sheet25

Cash Flow15

Per Share5

02—Overview

CINTAS CORP Financial Overview 2021–2025

Updated Jul 10, 2026

Cintas recently committed $5.5 billiona to acquire rival UniFirst in Q3 2026, an aggressive consolidation play that highlights the intense scale economics of the facility services industry. This strategic move reinforces a central investment thesis: Cintas systematically extracts operational leverage from route density, turning incremental service stops into consistent margin expansion.

The company’s top line has steadily compounded, with total revenue growing from $7.1 billion in FY2021 to $10.3 billionb in FY2025. This expansion is driven by both the core Uniform Rental division and the high-growth First Aid and Safety Services segment, which posted a 14.1% revenue increase in FY2025. Volume growth and optimized routing pushed overall gross margins to 50.0% in FY2025, up from 48.8% the prior year. The momentum continued into the first nine months of FY2026, generating $8.4 billion in revenue and expanding operating income by 9.8%.

Cash generation provides substantial capital flexibility, with operating cash flows hitting $2.17 billionc in FY2025 to easily fund dividend payouts and robust share repurchases. The market clearly recognized this operational execution. At the close of FY2025, Cintas achieved a $91.3 billion market cap, with the stock trading at $226.50 and commanding a premium 51.5x earnings multiple.

Recent Developments (Q2 and Q3 2026)

Cintas is navigating an extended antitrust review for its pending UniFirst merger, having received a "Second Request" from the FTC. To support the transaction, the company secured $2.85 billiond in debt financing and established a new $2.0 billion revolving credit facility. Standalone operations continue to scale, with Q2 2026 revenue reaching $2.80 billion, a 9.3% year-over-year increase. Through Q3 2026, diluted earnings per share expanded by 10.3% to $3.65, driven by core volume growth and $901.7 million in first-half share repurchases.

Bulls argue that consistent double-digit EPS expansion proves Cintas can internally compound value regardless of merger delays. Bears warn that trading at 38.7x earnings as of April 7, 2026, the stock prices in seamless regulatory approval, leaving substantial downside risk if the transaction is blocked.

What to watch: FTC antitrust review timeline; leverage ratio compliance under the new credit facility

03—Filings

Recent SEC Filings

  1. 8-KCINTAS CORP 8-K Report, Corporate Update (Oct 6, 2026)This 8-K filing from Cintas Corporation (CTAS) provides an update on the status of its proposed merger with UniFirst Corporation. Cintas confirms that both companies have substantially complied with the second request for information from the U.S. Federal Trade Commission (FTC) and have entered into a timing agreement. This agreement stipulates that the merger cannot be completed before December 11, 2026, unless the FTC closes its investigation sooner. Additionally, both companies have completed their response to a Supplementary Information Request from the Canadian Competition Bureau (CCB). Cintas reiterates its expectation that the merger will close before the end of calendar year 2026, subject to the satisfaction of customary closing conditions.
  2. 8-KCINTAS CORP 8-K Report, Financial Results (Sep 23, 2026)Cintas Corporation (CTAS) has filed an 8-K report on September 23, 2026, primarily to furnish a press release detailing its financial results for the fiscal quarter ended August 31, 2026. While the filing itself is brief, the attached press release (Exhibit 99) is the key document for investors to review for performance insights. Investors should consult this press release for specific financial metrics such as revenue, earnings per share, and any forward-looking guidance Cintas may have provided.
  3. 8-KCINTAS CORP 8-K Report, Executive Changes (Aug 27, 2026)Cintas Corporation (CTAS) has filed an 8-K report announcing the decision of director Melanie W. Barstad not to stand for re-election at the upcoming 2026 annual meeting of shareholders. Ms. Barstad will continue her service as a director until the conclusion of the annual meeting. Importantly, the company has clarified that Ms. Barstad's decision is not due to any disputes or disagreements concerning the company's operations, policies, or procedures, indicating a smooth transition and no underlying issues. This announcement is primarily a governance update for shareholders, informing them of a change in the board composition. Investors should note that this departure appears to be voluntary and amicable, without implications for the company's ongoing business or financial performance. The report is routine and does not contain financial results or material operational changes, but it's crucial for understanding board dynamics and corporate governance.
  4. 8-KCINTAS CORP 8-K Report, Executive Changes (Aug 3, 2026)Cintas Corporation (CTAS) has announced a key executive leadership change through an 8-K filing dated August 3, 2026. Effective August 1, 2026, Jim Rozakis, previously Executive Vice President and Chief Operating Officer (COO), has been appointed President and COO. This move separates the roles of President and Chief Executive Officer, with Todd Schneider continuing as CEO and relinquishing the President title. This change is significant as it realigns executive responsibilities and introduces a new compensation structure for Mr. Rozakis in his expanded role. Investors should note the details of his new compensation package, including base salary, annual cash incentive, and substantial long-term incentive awards, reflecting the increased scope of his responsibilities. The filing also confirms there are no undisclosed arrangements or conflicts of interest related to this appointment.
  5. 8-KCINTAS CORP 8-K Report, Financial Results (Jul 15, 2026)Cintas Corporation (CTAS) has filed an 8-K report on July 15, 2026, to announce its financial results for the fourth quarter ended May 31, 2026. The press release, furnished as Exhibit 99, details the company's operational and financial performance. Investors should review this announcement for key metrics and management commentary regarding the company's recent achievements and future outlook. The filing itself is brief, referencing the press release as the primary source of detailed financial information. Investors are encouraged to access the furnished press release for a comprehensive understanding of Cintas' performance.
View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.