Cintas (CTAS) Operating Margin (2009 - 2026)
Cintas' (CTAS) quarterly Operating Margin came in at 23.17% in Q2 2026, up 77.0% year-over-year from 13.09% in Q2 2025, and little changed quarter-over-quarter from 23.22% in Q1 2026.
Analysis
Cintas (CTAS) Operating Margin (2009 - 2026) Analysis & Trends
Cintas has disclosed Operating Margin across 18 years of filings, most recently posting 23.17% for Q2 2026.
- In Q2 2026, Operating Margin rose 77.0% year-over-year to 23.17%; the TTM figure through May 2026 stood at 23.14% (up 32.0% YoY), while the FY2026 annual figure was 23.14%, up 32.0% from the prior year.
- Operating Margin came in at 23.17% for Q2 2026 at Cintas, roughly flat from 23.22% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 23.42% in Q4 2025 to a low of 19.49% in Q2 2022.
- Average Operating Margin over 5 years is 21.78%, with a median of 21.9% recorded in 2024.
- The largest YoY upside for Operating Margin was 242 bps in 2022 against a maximum downside of 46 bps in 2022.
- Over 5 years, Operating Margin stood at 20.46% in 2022, then increased by 3 bps to 21.02% in 2023, then rose by 10 bps to 23.09% in 2024, then rose by 1 bps to 23.42% in 2025, then fell by 1 bps to 23.17% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 23.17% in Q2 2026, 23.22% in Q1 2026, and 23.42% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.41 Bn | 80.12 Bn | 1.48 Bn | 23.17% |
| 2 | Iron Mountain | 34.12 Bn | 33.92 Bn | 1.07 Bn | 18.41% |
| 3 | Rollins | 16.81 Bn | 16.70 Bn | 569.95 Mn | 18.67% |
| 4 | APi | 16.56 Bn | 15.71 Bn | 703.00 Mn | 7.76% |
| 5 | Aramark | 14.99 Bn | 14.49 Bn | 430.34 Mn | 4.26% |
| 6 | FirstService | 6.24 Bn | 6.07 Bn | 480.66 Mn | 6.88% |
| 7 | Unifirst | 4.95 Bn | 4.78 Bn | 234.73 Mn | 3.63% |
| 8 | Geo | 4.08 Bn | 3.83 Bn | - | 13.89% |
| 9 | CoreCivic | 3.39 Bn | 3.28 Bn | - | - |
| 10 | Abm Industries | 2.93 Bn | 2.82 Bn | 286.10 Mn | 3.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 23.17% |
| Feb 28, 2026 | 23.22% |
| Nov 30, 2025 | 23.42% |
| Aug 31, 2025 | 22.73% |
| May 31, 2025 | 22.40% |
| Feb 28, 2025 | 23.37% |
| Nov 30, 2024 | 23.09% |
| Aug 31, 2024 | 22.43% |
| May 31, 2024 | 22.16% |
| Feb 29, 2024 | 21.64% |
| Nov 30, 2023 | 21.02% |
| Aug 31, 2023 | 21.37% |
| May 31, 2023 | 20.61% |
| Feb 28, 2023 | 20.40% |
| Nov 30, 2022 | 20.46% |
| Aug 31, 2022 | 20.32% |
| May 31, 2022 | 19.49% |
| Feb 28, 2022 | 20.79% |
| Nov 30, 2021 | 19.83% |
| Aug 31, 2021 | 20.78% |