Cintas Corporation
- Industry
- Business Services
- Exchange
- US
- Country
- USA
- IPO date
- Aug 19, 1983
- Employees
- 48,300
- Website
- www.cintas.com
Composite valuation range · conservative $100–$130 / fair $145–$180 / optimistic $190–$235. At $210.98, Within the optimistic intrinsic-value range · much expectation priced in.
At publication $172.36 (May 22, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Cintas Corporation engages in the provision of 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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
History
Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. It completed its IPO on August 19, 1983, and has raised its dividend every year since that 1983 listing. The company executed a 4-for-1 stock split in 2024. In March 2026, Cintas signed a merger agreement to acquire UniFirst; the combined company would serve roughly 1.5 million customers and target about USD 375 million in annual run-rate synergies within four years, with the deal still subject to shareholder and regulatory approval and expected to close in the second half of 2026.
Industry position
Cintas describes itself as a leading provider of corporate identity uniforms in North America, operating through Uniform Rental and Facility Services, First Aid and Safety Services, and an All Other segment. In fiscal 2025 these segments generated USD 7.976 billion, USD 1.218 billion, and USD 1.146 billion respectively, totaling USD 10.34 billion, with about 95% of revenue from route service fees. The company serves over one million businesses with no single customer exceeding 1% of revenue, operating roughly 12,100 local delivery routes, 478 operating facilities, and 12 distribution centers. Named competitors include UniFirst, Alsco, Vestis (which calls itself the second-largest North American supplier), ABM, and Aramark.