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Cintas CTAS Operating margin

Operating margin at other companies

Comfort Systems USA logo
Comfort Systems USAFIX
13.4%+3.5pp
APi Group logo
APi GroupAPG
7%+0.5pp
United Rentals logo
United RentalsURI
24.7%-1.1pp
EMCOR Group logo
EMCOR GroupEME
10.1%+0.8pp
Republic Services logo
Republic ServicesRSG
19.9%-0.3pp
3M logo
3MMMM
19.1%-1.0pp

Other financials

Income statement

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Revenue$2.8B+8.9%
Gross profit$1.4B+9.8%
Operating income$659.9M+8.2%
Net income$502.5M+8.4%
EPS (diluted)$1.24+9.7%

Balance sheet

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Cash & equivalents$183.2M-24.7%
Total debt$2.9B-7.1%
Total equity$4.8B+4.3%
Total assets$10.2B+6.5%

Cash flow

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Operating cash flow$621.5M+0.2%
CapEx$90.9M-9.0%
Free cash flow$530.6M+1.9%

Valuation

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Market cap$67.88B-3.9%
Enterprise value$70.62B-4.0%
P/E35×-4.7×
P/S6.2×-0.8×

Profitability

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Gross margin50.4%+0.9pp
Net margin17.6%0.0pp

Returns & leverage

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Return on equity41.3%+1.0pp
Debt / equity0.6×-0.1×
Current ratio+0.3×

Where this comes from

Calculated from Cintas’s reported figures.

Based on trailing twelve months.

The official record: Cintas’s 10-Q, filed April 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cintas's operating margin?
Cintas (CTAS) reported operating margin of 23% in Q4 2025.
How has Cintas's operating margin changed year-over-year?
Cintas's operating margin increased by 0.8% year-over-year, from 22.8% to 23%.
What is the long-term trend for Cintas's operating margin?
Over 4 years (2021 to 2025), Cintas's operating margin has grown at a 5.6% compound annual growth rate (CAGR), from 72.2% to 89.8%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.