Cintas(NASDAQ) CTAS

Cintas helps businesses keep their employees and workplaces clean and safe. The company provides uniforms, floor mats, and first aid kits to many industries. These services help more than one million customers stay ready for each workday.

What Cintas Does Every Day

• Uniform Rental and Facility Services: Providing and cleaning garments, mats, mops, and towels; accounts for 76.6% of revenue.
• First Aid and Safety Services: Supplying first aid products, safety training, and workplace water services; accounts for 12.2% of revenue.
• Fire Protection Services: Inspecting and testing fire extinguishers, sprinkler systems, and alarm components; accounts for 8.2% of revenue.
• Uniform Direct Sales: Selling uniforms and related items directly to customers through catalogs; accounts for 3% of revenue.

Strategic Moves and Growth

• Entered into a merger agreement on March 10, 2026, to acquire UniFirst Corporation for approximately $5.5 billion.
• Acquired 21 individually immaterial businesses during the nine months ended February 28, 2026, to expand its service network.
• Completed a $1 billion share buyback program in the second quarter of fiscal 2026 and authorized two additional $1 billion programs.
• Introduced workplace water services as a newer offering within the First Aid and Safety Services segment.

A Strong Network for Support

Cintas uses a vast distribution network and local delivery routes to build deep relationships with its clients. This frequent contact allows service professionals to identify new needs and sell more products to existing customers.

The Latest Financial Facts

• Total revenue reached $2.84 billion for the quarter ended February 28, 2026, up 8.9% year-over-year.
• Net income hit $502.5 million for the quarter ended February 28, 2026, an 8.4% increase from the prior year.
• Gross profit grew to $1.45 billion in the third quarter of 2026, up 9.8% from the third quarter of 2025.
• Operating income for the nine months ended February 28, 2026, was $1.93 billion, up 9.7% over the same period last year.
• Free cash flow was $530.6 million for the quarter ended February 28, 2026, up 1.6% from the previous year.

Bottom Line

Cintas has grown from a uniform rental business into a broad provider of essential workplace services. Its focus on increasing customer penetration and making strategic acquisitions helps maintain its position as a leader in business services.