Cintas Corporation (NASDAQ: CTAS)
Specialty Business Services · Cincinnati, OH, United States · Founded 1968
- Market capitalization: $70.0 billion
- Annual revenue: $1.62 billion
- Net income: $1.81 billion
- Employees: 44,000
- Sector: Industrials
- Headquarters: Cincinnati, United States
- Founded: 1968
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Cintas is the largest uniform rental and workplace services company in the US. They provide uniforms, floor mats, restroom supplies, first aid kits, and fire protection services to over 1 million businesses. It's the kind of boring, essential business that compounds quietly for decades.
Route-based service model — Cintas trucks visit customer locations on regular schedules to deliver clean uniforms, replace mats, restock supplies, and service fire extinguishers. The recurring revenue model has over 90% retention rates. Cross-selling additional services to existing route customers is highly profitable.
Founded in 1929 by Richard "Doc" Farmer as a rag-cleaning business in Cincinnati. His grandson, Scott Farmer, ran the company until 2021. Cintas went public in 1983 and has been one of the best-performing stocks in the S&P 500 over the past 30 years. They acquired G&K Services in 2017 for $2.2 billion.
| Market Capitalization | $70.0B |
| Annual Revenue | $1.62B |
| Net Income | $1.81B |
| Profit Margin | 112% |
| Revenue per Employee | $36818K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CTAS |
Financial data is approximate and based on most recent annual filings.
Cintas has returned over 20,000% since its IPO — turning $10,000 into over $2 million. The company washes and delivers over 5 million uniforms per week.
Cintas is the ultimate hidden compounder. Uniform rental sounds boring until you see the margins, the retention rates, and the stock chart.
What is Cintas Corporation's revenue?
Cintas Corporation generates approximately $1.62 billion in annual revenue.
How many employees does Cintas Corporation have?
Cintas Corporation employs approximately 44,000 people worldwide.
What is Cintas Corporation's market cap?
Cintas Corporation (CTAS) has a market capitalization of approximately $70.0 billion on the NASDAQ.
When was Cintas Corporation founded?
Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, OH, United States.
Who is the CEO of Cintas Corporation?
Todd Schneider is the current CEO of Cintas Corporation.
What is Cintas Corporation's website?
Cintas Corporation's official website is cintas.com.
| CEO | Todd Schneider |
| Sector | Industrials |
| Industry | Specialty Business Services |
| Founded | 1968 |
| HQ | Cincinnati, OH |
| Country | United States |
| Website | cintas.com |
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