CTAS Stock Overview
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$388.19|
|52 Week High||US$461.44|
|52 Week Low||US$343.86|
|1 Month Change||-4.34%|
|3 Month Change||3.05%|
|1 Year Change||0.22%|
|3 Year Change||47.68%|
|5 Year Change||160.39%|
|Change since IPO||7,751.03%|
Recent News & Updates
Cintas Q1 2023 Earnings Preview
Cintas (NASDAQ:CTAS) is scheduled to announce Q1 earnings results on Wednesday, September 28th, before market open. The consensus EPS Estimate is $3.14 and the consensus Revenue Estimate is $2.08B (+9.5% Y/Y). Over the last 2 years, CTAS has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 4 upward revisions and 7 downward. Revenue estimates have seen 8 upward revisions and 0 downward.
Investors Should Be Encouraged By Cintas' (NASDAQ:CTAS) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
|CTAS||US Commercial Services||US Market|
Return vs Industry: CTAS exceeded the US Commercial Services industry which returned -9.7% over the past year.
Return vs Market: CTAS exceeded the US Market which returned -23.2% over the past year.
|CTAS Average Weekly Movement||3.3%|
|Commercial Services Industry Average Movement||7.0%|
|Market Average Movement||6.8%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: CTAS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CTAS's weekly volatility (3%) has been stable over the past year.
About the Company
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.
Cintas Fundamentals Summary
|CTAS fundamental statistics|
Is CTAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CTAS income statement (TTM)|
|Cost of Revenue||US$4.37b|
Last Reported Earnings
Aug 31, 2022
Next Earnings Date
|Earnings per share (EPS)||12.31|
|Net Profit Margin||15.39%|
How did CTAS perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is CTAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CTAS?
Other financial metrics that can be useful for relative valuation.
|What is CTAS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CTAS's PE Ratio compare to its peers?
|CTAS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
RBA Ritchie Bros. Auctioneers
Price-To-Earnings vs Peers: CTAS is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the peer average (22.2x).
Price to Earnings Ratio vs Industry
How does CTAS's PE Ratio compare vs other companies in the US Commercial Services Industry?
Price-To-Earnings vs Industry: CTAS is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the US Commercial Services industry average (17.2x)
Price to Earnings Ratio vs Fair Ratio
What is CTAS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||31.5x|
|Fair PE Ratio||27.5x|
Price-To-Earnings vs Fair Ratio: CTAS is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.5x).
Share Price vs Fair Value
What is the Fair Price of CTAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CTAS ($388.19) is trading above our estimate of fair value ($374.04)
Significantly Below Fair Value: CTAS is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Cintas forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTAS's forecast earnings growth (2.9% per year) is above the savings rate (1.9%).
Earnings vs Market: CTAS's earnings (2.9% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: CTAS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTAS's revenue (4.1% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: CTAS's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTAS's Return on Equity is forecast to be very high in 3 years time (41.5%).
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How has Cintas performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTAS has high quality earnings.
Growing Profit Margin: CTAS's current net profit margins (15.4%) are lower than last year (15.6%).
Past Earnings Growth Analysis
Earnings Trend: CTAS's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: CTAS's earnings growth over the past year (10.2%) is below its 5-year average (14% per year).
Earnings vs Industry: CTAS earnings growth over the past year (10.2%) underperformed the Commercial Services industry 26.9%.
Return on Equity
High ROE: CTAS's Return on Equity (38.9%) is considered high.
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How is Cintas's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CTAS's short term assets ($2.7B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: CTAS's short term assets ($2.7B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CTAS's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: CTAS's debt to equity ratio has reduced from 110.7% to 92.6% over the past 5 years.
Debt Coverage: CTAS's debt is well covered by operating cash flow (52.6%).
Interest Coverage: CTAS's interest payments on its debt are well covered by EBIT (17.3x coverage).
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What is Cintas's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Cintas Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Commercial Services)||1.5%|
|Analyst forecast in 3 Years (Cintas)||1.2%|
Notable Dividend: CTAS's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: CTAS's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: CTAS's dividends per share have been stable in the past 10 years.
Growing Dividend: CTAS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), CTAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), CTAS's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Schneider (54 yo)
Mr. Todd M. Schneider serves as Chief Executive Officer & President and a Director at Cintas Corporation since June 1, 2021. Mr. Schneider had been the Chief Operating Officer and Executive Vice President...
CEO Compensation Analysis
|Todd Schneider's Compensation vs Cintas Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Aug 31 2022||n/a||n/a|
|May 31 2022||US$8m||US$1m|
|Feb 28 2022||n/a||n/a|
|Nov 30 2021||n/a||n/a|
|Aug 31 2021||n/a||n/a|
|May 31 2021||US$4m||US$639k|
|Feb 28 2021||n/a||n/a|
|Nov 30 2020||n/a||n/a|
|Aug 31 2020||n/a||n/a|
|May 31 2020||US$2m||US$710k|
|Feb 29 2020||n/a||n/a|
|Nov 30 2019||n/a||n/a|
|Aug 31 2019||n/a||n/a|
|May 31 2019||US$4m||US$689k|
Compensation vs Market: Todd's total compensation ($USD7.78M) is below average for companies of similar size in the US market ($USD13.04M).
Compensation vs Earnings: Todd's compensation has increased by more than 20% in the past year.
Experienced Management: CTAS's management team is considered experienced (3.8 years average tenure).
Experienced Board: CTAS's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|01 Apr 22||SellUS$5,290,531||Michael Thompson||Individual||12,500||US$423.25|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||37,045||0.04%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Cintas Corporation's employee growth, exchange listings and data sources
- Name: Cintas Corporation
- Ticker: CTAS
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Diversified Support Services
- Sector: Commercial Services
- Implied Market Cap: US$39.414b
- Shares outstanding: 101.53m
- Website: https://www.cintas.com
Number of Employees
- Cintas Corporation
- 6800 Cintas Boulevard
- PO Box 625737
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTAS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Aug 1983|
|CIT||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1983|
|0HYJ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Aug 1983|
|CTAS||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Aug 1983|
|CTAS *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Aug 1983|
|C1TA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 5 REPR 1 COM||BR||BRL||Jan 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.