CTAS vs FSV vs APG Stock Comparison

Cintas, FirstService and APi Prices as of Oct 23, 2026 Peers: Industry group
CTAS Cintas Corp
$224.10 +16.7% 1M +16.5% 1Y
Market cap
$90.42B
P/E
43.9x
Revenue (TTM)
$11.56B
Div. yield
0.01%
Facility Services Industrials
8 wins
FSV FirstService Corp
$143.67 +10.9% 1M -13.8% 1Y
Market cap
$6.56B
P/E
56.9x
Revenue (TTM)
$5.68B
Div. yield
–
Facility Services Industrials
APG APi Group Corp
$39.46 +4.3% 1M +14.3% 1Y
Market cap
$17.43B
P/E
–
Revenue (TTM)
$8.44B
Div. yield
–
Facility Services Industrials
3 wins

Head to Head

11 decided of 12

Cintas leads on 8 of the 12 questions below (Cintas 8, APi 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCTASFSVAPGLeader
Larger companyMarket capitalisation $90.42B $6.56B $17.43B CTAS
Cheaper on earningsLower P/E, profitable companies only 43.9x 56.9x -70.3x CTAS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 38.3x 24.8x 23.3x APG
Faster revenue growthRevenue growth, trailing twelve months +9.5% +3.7% +14.1% APG
More profitableNet margin, trailing twelve months 17.8% 2.0% -2.9% CTAS
Better return on capitalReturn on invested capital 28.2% 10.0% 6.7% CTAS
Less leveragedLower net debt / EBITDA 0.7x 2.6x 2.8x CTAS
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.5% -13.8% +14.3% CTAS
Better 5-year returnAnnualised price return, 5 years +16.0%/yr -6.6%/yr +22.4%/yr APG
Less volatileAnnualised volatility, 1 year 23.3% 30.6% 30.0% CTAS
Higher overall scoreMean of the five percentile scores vs peers 60/100 42/100 44/100 CTAS

Percentile Scorecard

CTASFSVAPG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCTASFSVAPG
Valuation 18 #92 of 112 42 #65 of 112 31 #78 of 112
Growth 73 #27 of 96 58 #41 of 96 77 #23 of 96
Profitability 98 #3 of 93 65 #33 of 93 53 #44 of 93
Financial Health 70 #38 of 126 37 #80 of 126 46 #69 of 126
Shareholder Returns 41 #40 of 67 8 #62 of 67 15 #57 of 67
Overall 60 42 44
  • CTAS ranked among 130 companies in Business Services
  • FSV ranked among 130 companies in Business Services
  • APG ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCTASFSVAPGSPY
1 month +16.7%+10.9%+4.3% -1.0%
3 months +8.8%+4.5%-0.3% +2.9%
6 months +27.4%-1.9%-18.8% +6.4%
Year to date +19.2%-7.6%+3.1% +11.4%
1 year +16.5%-13.8%+14.3% +13.1%
3 years +77.2%+2.6%+133.9% +79.4%
3 years, per year +21.0%+0.9%+32.8% +21.5%
5 years +110.0%-28.9%+174.2% +67.7%
5 years, per year +16.0%-6.6%+22.4% +10.9%
10 years +742.1%+220.9%— +255.2%
10 years, per year +23.8%+12.4%— +13.5%

Risk

MeasureCTASFSVAPGSPY
Volatility, 1Y 23.3%30.6%30.0% 12.7%
Downside volatility, 1Y 23.1%31.0%30.9% 12.7%
Beta vs S&P 500, 1Y 0.110.631.26 1.00
Return / volatility, 1Y 0.71-0.450.48 1.03
Max drawdown, 5Y -28.2%-44.1%-49.6% -25.4%
From 52-week high 0.0%-13.8%-20.1% -2.5%
52-week high $224.10$166.73$49.40 $779.14
52-week low $163.55$125.66$34.31 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCTASFSVAPG
P/E now vs peer median 43.5xmedian 21.0x 56.7xmedian 21.0x -68.9xmedian 21.0x
P/S now vs peer median 7.7xmedian 0.9x 1.2xmedian 0.9x 2.0xmedian 0.9x
EV/EBITDA now vs peer median 28.5xmedian 12.3x 14.8xmedian 12.3x 20.9xmedian 12.3x
P/FCF now vs peer median 44.0xmedian 15.1x 12.2xmedian 15.1x 25.2xmedian 15.1x
P/B now vs peer median 17.2xmedian 2.4x 7.0xmedian 2.4x 4.9xmedian 2.4x
PEG now vs peer median 2.86median 1.02 152.23median 1.02 0.99median 1.02

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCTASFSVAPG
Revenue $11.56B $5.68B $8.44B
Gross profit $5.89B $1.88B $2.65B
Operating income $2.70B $339.62M $605.00M
Net income $2.06B $199.45M $346.00M
Free cash flow $2.03B $536.84M $676.00M
EPS (diluted) $5.10 $2.52 $-0.57
Cash & equivalents $243.60M $160.76M $851.00M
Total debt $2.43B $1.55B $3.52B
Shares (diluted) 404.29M 45.75M 437.00M
Enterprise value $89.51B $5.88B $14.47B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCTASFSVAPG
P/E 43.5x 56.7x -68.9x
P/FCF 44.0x 12.2x 25.2x
P/Operating cash flow 36.8x 15.7x 21.8x
P/S 7.7x 1.2x 2.0x
P/B 17.2x 7.0x 4.9x
P/Tangible book 18.2x 7.0x 9.6x
EV/EBITDA 28.5x 14.8x 20.9x
EV/EBIT 34.0x 23.4x 32.6x
EV/Revenue 7.9x 1.4x 2.3x
EV/FCF 45.1x 14.8x 29.2x
EV/Operating cash flow 37.7x 19.1x 25.2x
PEG (3Y EPS CAGR) 2.86 152.23 0.99

Growth

14 metrics
MetricCTASFSVAPG
Revenue growth (1Y) 9.5% 3.7% 14.1%
Revenue CAGR (3Y) 8.7% 9.9% 7.3%
Gross profit growth (1Y) 11.5% 2.6% 15.4%
Gross profit CAGR (3Y) 11.2% 11.0% 13.3%
Operating income growth (1Y) 11.8% -0.6% 24.7%
Operating income CAGR (3Y) 13.2% 8.7% 27.8%
Net income growth (1Y) 11.3% 4.7% 39.5%
Net income CAGR (3Y) 14.3% 6.0% 40.8%
EPS growth (1Y) 12.7% 12.3% -272.3%
EPS CAGR (3Y) 15.2% 0.4% -69.5%
Operating cash flow growth (1Y) 14.8% 0.1% 20.7%
Operating cash flow CAGR (3Y) 14.4% 23.1% 24.3%
Free cash flow growth (1Y) 19.5% -1.6% 18.8%
Free cash flow CAGR (3Y) 17.4% 19.6% 28.9%

Profitability

14 metrics
MetricCTASFSVAPG
Gross margin 51.0% 33.1% 31.4%
EBITDA margin 27.8% 9.5% 11.2%
Operating margin 23.4% 6.0% 7.2%
Pretax margin 22.5% 4.8% 5.5%
Net margin 17.8% 2.0% -2.9%
FCF margin 17.6% 9.4% 8.0%
Operating cash flow margin 21.1% 7.4% 9.3%
Return on equity 39.8% 18.5% 9.9%
Return on assets 19.5% 4.5% 3.7%
Return on invested capital 28.2% 10.0% 6.7%
Return on capital employed 34.2% 9.8% 8.7%
Asset turnover 1.1x 1.3x 0.9x
Cash conversion (OCF / net income) 1.2x 2.1x 2.3x
Stock comp / revenue 1.1% 0.3% 0.5%

Financial Health

11 metrics
MetricCTASFSVAPG
Debt / assets 22.8% 34.9% 35.4%
Debt / equity 0.5x 1.7x 1.0x
Net debt / EBITDA 0.7x 2.6x 2.8x
Debt / FCF 1.2x 2.9x 5.2x
Liabilities / assets 51.1% 78.9% 64.7%
Equity / assets 48.9% 21.1% 35.3%
Interest coverage 25.3x – 4.3x
Current ratio 1.5x 1.7x 1.4x
Quick ratio 0.7x 1.2x 1.3x
Cash ratio 0.1x 0.2x 0.3x
Altman Z-score 13.68 – 2.85

Shareholder Returns

7 metrics
MetricCTASFSVAPG
Dividend yield 0.8% 1.0% –
Net buyback yield 1.1% -9.2% 0.4%
Shareholder yield 2.0% -8.2% 0.4%
Payout ratio (earnings) 35.2% – –
Payout ratio (FCF) 35.6% – –
Dividend growth (1Y) 14.8% – –
Dividend CAGR (3Y) 15.5% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCTASFSVAPG
Forward P/E 38.3xFY2026 24.8xFY2026 23.3xFY2026
EPS, next fiscal year $5.85FY2026 $5.79FY2026 $1.69FY2026
EPS growth, next FY +18.4%FY2026 +1.2%FY2026 +14.2%FY2026
EPS growth, the year after +10.4% +8.8% +16.0%
Revenue, next fiscal year $12.98BFY2026 $5.34BFY2026 $9.25BFY2026
Revenue growth, next FY +15.3%FY2026 -2.3%FY2026 +16.9%FY2026
Revenue growth, the year after +6.8% +19.9% +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCTASFSVAPG
Held by institutions 67.6% 69.9% 84.5%
Institutions holding 1,428 275 581
Change in shares held, QoQ +6.4% +7.2% +5.1%
Institutions buying 656 147 306
Institutions selling 575 101 205
Buyers to sellers 1.14 1.46 1.49

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CTASFSVAPG
CTAS 1.00 0.37 0.11
FSV 0.37 1.00 0.14
APG 0.11 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CTAS, FSV and APG?

Cintas (CTAS) is the largest by market capitalisation: Cintas (CTAS) $90.42B, FirstService (FSV) $6.56B, APi (APG) $17.43B.

Which stock is cheaper, CTAS, FSV and APG?

Cintas (CTAS) trades on the lowest price-to-earnings ratio (Cintas (CTAS) 43.9x, FirstService (FSV) 56.9x, APi (APG) -70.3x). On next year's consensus earnings, APi (APG) is cheapest (Cintas (CTAS) 38.3x, FirstService (FSV) 24.8x, APi (APG) 23.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

APi (APG) grew revenue fastest over the trailing twelve months: Cintas (CTAS) +9.5%, FirstService (FSV) +3.7%, APi (APG) +14.1%.

Which company is more profitable?

Cintas (CTAS) has the highest net margin (Cintas (CTAS) 17.8%, FirstService (FSV) 2.0%, APi (APG) -2.9%). On return on invested capital, Cintas (CTAS) leads (Cintas (CTAS) 28.2%, FirstService (FSV) 10.0%, APi (APG) 6.7%).

Which stock has performed better?

Over the past year Cintas (CTAS) returned the most: Cintas (CTAS) +16.5%, FirstService (FSV) -13.8%, APi (APG) +14.3%. Over five years, APi (APG) compounded fastest (Cintas (CTAS) +16.0%/yr, FirstService (FSV) -6.6%/yr, APi (APG) +22.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Cintas (CTAS) 0.01%, FirstService (FSV) 0.00%, APi (APG) 0.00%. FirstService (FSV) and APi (APG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cintas (CTAS) has been the steadiest (Cintas (CTAS) 23.3%, FirstService (FSV) 30.6%, APi (APG) 30.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CTAS, FSV and APG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cintas (CTAS) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.