Skip to Content

Cintas Corp CTAS

Morningstar Rating
$761.39 +6.55 (0.87%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Cintas Earnings: Company Finishes Fiscal 2024 on a Strong Note

Wide-moat Cintas reported fiscal 2024 fourth-quarter results (ended May), with solid growth across all three business segments. We are raising our discounted cash flow-derived fair value estimate to $520 per share from $480 due in part to lifting our long-term (stage 2) EBI growth rate assumption in our DCF model. Note that newly established fiscal 2025 revenue and EPS guidance was largely in line with our model forecasts. However, we think the stock is rich relative to our long-term free cash flow forecasts.

Price vs Fair Value

CTAS is trading at a 123% premium.
Price
$761.39
Fair Value
$194.00
Uncertainty
Medium
1-Star Price
$582.00
5-Star Price
$769.00
Economic Moat
Smyj
Capital Allocation
Ynxxhfqj

Bulls Say, Bears Say

Bulls

Cintas’ industry-leading operating efficiency stems from its significant scale-based cost advantages, achieved through superior route density.

Bears

Competitors are not standing still. Large providers like UniFirst and Aramark are also pursuing market share.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CTAS is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$754.84
Day Range
$755.40765.29
52-Week Range
$474.74773.78
Bid/Ask
$721.00 / $771.00
Market Cap
$77.09 Bil
Volume/Avg
266,430 / 401,950

Key Statistics

Price/Earnings (Normalized)
50.29
Price/Sales
8.20
Dividend Yield (Trailing)
0.71%
Dividend Yield (Forward)
0.82%
Total Yield
1.62%

Company Profile

Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Sector
Industrials
Industry
Specialty Business Services
Stock Style Box
Large Growth
Total Number of Employees
46,500

Competitors

Valuation

Metric
CTAS
URI
ECL
Price/Earnings (Normalized)
50.2917.5643.25
Price/Book Value
17.866.028.53
Price/Sales
8.203.454.54
Price/Cash Flow
37.4411.0329.15
Price/Earnings
CTAS
URI
ECL

Financial Strength

Metric
CTAS
URI
ECL
Quick Ratio
0.870.690.93
Current Ratio
1.740.811.41
Interest Coverage
20.536.146.11
Quick Ratio
CTAS
URI
ECL

Profitability

Metric
CTAS
URI
ECL
Return on Assets (Normalized)
18.82%7.83%7.56%
Return on Equity (Normalized)
40.63%25.87%20.92%
Return on Invested Capital (Normalized)
25.58%12.11%11.24%
Return on Assets
CTAS
URI
ECL
See how this stock stacks up to its competitors with Morningstar Investor

Specialty Business Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
RELX PLC
RLXXF
Hqfz$86.3 Bil
RELX PLC ADR
RELX
ZjwvsxpqCtsgf$86.3 Bil
Thomson Reuters Corp
TRI
PkkmzdvfBzdcyxv$72.8 Bil
Copart Inc
CPRT
JnnyfscGbl$49.1 Bil
Wolters Kluwer NV
WOLTF
Hgfy$40.0 Bil
Global Payments Inc
GPN
RcygkzrcwLsvjy$25.8 Bil
Rentokil Initial PLC ADR
RTO
BjbtkfwpHbgv$15.1 Bil
RB Global Inc
RBA
TmbbcbqpQmwdsx$14.6 Bil
UL Solutions Inc Class A common stock
ULS
LtkflrnvQmnnwty$9.1 Bil

Sponsor Center