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Side-by-side financial comparison of Cintas (CTAS) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.
Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $2.8B, roughly 1.0× Cintas). Cintas runs the higher net margin — 17.7% vs -0.8%, a 18.5% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 9.3%). Cintas produced more free cash flow last quarter ($425.0M vs $234.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 7.9%).
Cintas Corporation is an American corporation headquartered in Mason, Ohio, which provides a range of products and services to businesses including uniforms, mats, mops, cleaning and restroom supplies, first aid and safety products, fire extinguishers and testing, and safety courses. Cintas is a publicly held company traded on the Nasdaq Global Select Market under the symbol CTAS and is a component of the S&P 500 Index.
Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.
CTAS vs CWK — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $2.9B |
| Net Profit | $495.3M | $-22.4M |
| Gross Margin | 50.4% | — |
| Operating Margin | 23.4% | 6.1% |
| Net Margin | 17.7% | -0.8% |
| Revenue YoY | 9.3% | 10.8% |
| Net Profit YoY | 10.4% | -119.8% |
| EPS (diluted) | $1.21 | $-0.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.8B | $2.9B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | $2.7B | $2.5B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.5B | $2.3B | ||
| Q2 24 | $2.5B | $2.3B | ||
| Q1 24 | $2.4B | $2.2B |
| Q4 25 | $495.3M | $-22.4M | ||
| Q3 25 | $491.1M | $51.4M | ||
| Q2 25 | $448.3M | $57.3M | ||
| Q1 25 | $463.5M | $1.9M | ||
| Q4 24 | $448.5M | $112.9M | ||
| Q3 24 | $452.0M | $33.7M | ||
| Q2 24 | $414.3M | $13.5M | ||
| Q1 24 | $397.6M | $-28.8M |
| Q4 25 | 50.4% | — | ||
| Q3 25 | 50.3% | — | ||
| Q2 25 | 49.7% | — | ||
| Q1 25 | 50.6% | — | ||
| Q4 24 | 49.8% | — | ||
| Q3 24 | 50.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 23.4% | 6.1% | ||
| Q3 25 | 22.7% | 4.1% | ||
| Q2 25 | 22.4% | 4.9% | ||
| Q1 25 | 23.4% | 2.0% | ||
| Q4 24 | 23.1% | 6.6% | ||
| Q3 24 | 22.4% | 3.2% | ||
| Q2 24 | 22.2% | 3.1% | ||
| Q1 24 | 21.6% | 0.9% |
| Q4 25 | 17.7% | -0.8% | ||
| Q3 25 | 18.1% | 2.0% | ||
| Q2 25 | 16.8% | 2.3% | ||
| Q1 25 | 17.8% | 0.1% | ||
| Q4 24 | 17.5% | 4.3% | ||
| Q3 24 | 18.1% | 1.4% | ||
| Q2 24 | 16.8% | 0.6% | ||
| Q1 24 | 16.5% | -1.3% |
| Q4 25 | $1.21 | $-0.10 | ||
| Q3 25 | $1.20 | $0.22 | ||
| Q2 25 | $1.08 | $0.25 | ||
| Q1 25 | $1.13 | $0.01 | ||
| Q4 24 | $1.09 | $0.49 | ||
| Q3 24 | $1.10 | $0.14 | ||
| Q2 24 | $4.00 | $0.06 | ||
| Q1 24 | $3.84 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $200.8M | $784.2M |
| Total DebtLower is stronger | $2.4B | $2.7B |
| Stockholders' EquityBook value | $4.5B | $2.0B |
| Total Assets | $10.1B | $7.7B |
| Debt / EquityLower = less leverage | 0.54× | 1.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $200.8M | $784.2M | ||
| Q3 25 | $138.1M | $634.4M | ||
| Q2 25 | $264.0M | $618.2M | ||
| Q1 25 | $243.4M | $623.2M | ||
| Q4 24 | $122.4M | $793.3M | ||
| Q3 24 | $101.4M | $775.4M | ||
| Q2 24 | $342.0M | $567.3M | ||
| Q1 24 | $128.5M | $553.5M |
| Q4 25 | $2.4B | $2.7B | ||
| Q3 25 | $2.4B | $2.8B | ||
| Q2 25 | $2.4B | $3.0B | ||
| Q1 25 | $2.0B | $3.0B | ||
| Q4 24 | $2.0B | $3.0B | ||
| Q3 24 | $2.0B | $3.1B | ||
| Q2 24 | $2.0B | $3.1B | ||
| Q1 24 | $2.5B | $3.2B |
| Q4 25 | $4.5B | $2.0B | ||
| Q3 25 | $4.8B | $2.0B | ||
| Q2 25 | $4.7B | $1.9B | ||
| Q1 25 | $4.6B | $1.8B | ||
| Q4 24 | $4.3B | $1.8B | ||
| Q3 24 | $4.0B | $1.7B | ||
| Q2 24 | $4.3B | $1.6B | ||
| Q1 24 | $4.2B | $1.6B |
| Q4 25 | $10.1B | $7.7B | ||
| Q3 25 | $9.8B | $7.7B | ||
| Q2 25 | $9.8B | $7.6B | ||
| Q1 25 | $9.6B | $7.4B | ||
| Q4 24 | $9.4B | $7.5B | ||
| Q3 24 | $9.1B | $7.5B | ||
| Q2 24 | $9.2B | $7.3B | ||
| Q1 24 | $9.0B | $7.5B |
| Q4 25 | 0.54× | 1.40× | ||
| Q3 25 | 0.51× | 1.45× | ||
| Q2 25 | 0.52× | 1.57× | ||
| Q1 25 | 0.44× | 1.70× | ||
| Q4 24 | 0.47× | 1.73× | ||
| Q3 24 | 0.50× | 1.81× | ||
| Q2 24 | 0.47× | 1.91× | ||
| Q1 24 | 0.58× | 1.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $531.2M | $257.3M |
| Free Cash FlowOCF − Capex | $425.0M | $234.3M |
| FCF MarginFCF / Revenue | 15.2% | 8.0% |
| Capex IntensityCapex / Revenue | 3.8% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.8B | $293.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.2M | $257.3M | ||
| Q3 25 | $414.5M | $235.5M | ||
| Q2 25 | $635.7M | $9.6M | ||
| Q1 25 | $622.0M | $-162.0M | ||
| Q4 24 | $441.4M | $115.2M | ||
| Q3 24 | $466.7M | $196.1M | ||
| Q2 24 | $693.0M | $21.8M | ||
| Q1 24 | $657.1M | $-125.1M |
| Q4 25 | $425.0M | $234.3M | ||
| Q3 25 | $312.5M | $225.0M | ||
| Q2 25 | $521.1M | $300.0K | ||
| Q1 25 | $522.1M | $-166.6M | ||
| Q4 24 | $340.0M | $105.9M | ||
| Q3 24 | $373.8M | $186.7M | ||
| Q2 24 | $591.1M | $10.0M | ||
| Q1 24 | $550.1M | $-135.6M |
| Q4 25 | 15.2% | 8.0% | ||
| Q3 25 | 11.5% | 8.6% | ||
| Q2 25 | 19.5% | 0.0% | ||
| Q1 25 | 20.0% | -7.3% | ||
| Q4 24 | 13.3% | 4.0% | ||
| Q3 24 | 14.9% | 8.0% | ||
| Q2 24 | 23.9% | 0.4% | ||
| Q1 24 | 22.9% | -6.2% |
| Q4 25 | 3.8% | 0.8% | ||
| Q3 25 | 3.8% | 0.4% | ||
| Q2 25 | 4.3% | 0.4% | ||
| Q1 25 | 3.8% | 0.2% | ||
| Q4 24 | 4.0% | 0.4% | ||
| Q3 24 | 3.7% | 0.4% | ||
| Q2 24 | 4.1% | 0.5% | ||
| Q1 24 | 4.4% | 0.5% |
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.84× | 4.58× | ||
| Q2 25 | 1.42× | 0.17× | ||
| Q1 25 | 1.34× | -85.26× | ||
| Q4 24 | 0.98× | 1.02× | ||
| Q3 24 | 1.03× | 5.82× | ||
| Q2 24 | 1.67× | 1.61× | ||
| Q1 24 | 1.65× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTAS
| Uniform Rental And Facility Services Segment | $2.2B | 77% |
| First Aid And Safety Services Segment | $342.2M | 12% |
| Fire Protection Services | $222.5M | 8% |
| Uniform Direct Sales | $79.8M | 3% |
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
