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Side-by-side financial comparison of Cintas (CTAS) and Devon Energy (DVN). Click either name above to swap in a different company.

Devon Energy is the larger business by last-quarter revenue ($3.9B vs $2.8B, roughly 1.4× Cintas). Cintas runs the higher net margin — 17.7% vs 14.3%, a 3.4% gap on every dollar of revenue. On growth, Cintas posted the faster year-over-year revenue change (9.3% vs -12.3%). Devon Energy produced more free cash flow last quarter ($702.0M vs $425.0M). Over the past eight quarters, Cintas's revenue compounded faster (7.9% CAGR vs 2.6%).

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.

Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.

CTAS vs DVN — Head-to-Head

Bigger by revenue
DVN
DVN
1.4× larger
DVN
$3.9B
$2.8B
CTAS
Growing faster (revenue YoY)
CTAS
CTAS
+21.6% gap
CTAS
9.3%
-12.3%
DVN
Higher net margin
CTAS
CTAS
3.4% more per $
CTAS
17.7%
14.3%
DVN
More free cash flow
DVN
DVN
$277.0M more FCF
DVN
$702.0M
$425.0M
CTAS
Faster 2-yr revenue CAGR
CTAS
CTAS
Annualised
CTAS
7.9%
2.6%
DVN

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CTAS
CTAS
DVN
DVN
Revenue
$2.8B
$3.9B
Net Profit
$495.3M
$562.0M
Gross Margin
50.4%
Operating Margin
23.4%
19.0%
Net Margin
17.7%
14.3%
Revenue YoY
9.3%
-12.3%
Net Profit YoY
10.4%
-12.1%
EPS (diluted)
$1.21
$0.90

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.

Revenue
CTAS
CTAS
DVN
DVN
Q4 25
$2.8B
$3.9B
Q3 25
$2.7B
$4.3B
Q2 25
$2.7B
$4.0B
Q1 25
$2.6B
$4.5B
Q4 24
$2.6B
$4.5B
Q3 24
$2.5B
$3.8B
Q2 24
$2.5B
$3.9B
Q1 24
$2.4B
$3.7B
Net Profit
CTAS
CTAS
DVN
DVN
Q4 25
$495.3M
$562.0M
Q3 25
$491.1M
$687.0M
Q2 25
$448.3M
$899.0M
Q1 25
$463.5M
$494.0M
Q4 24
$448.5M
$639.0M
Q3 24
$452.0M
$812.0M
Q2 24
$414.3M
$844.0M
Q1 24
$397.6M
$596.0M
Gross Margin
CTAS
CTAS
DVN
DVN
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
Operating Margin
CTAS
CTAS
DVN
DVN
Q4 25
23.4%
19.0%
Q3 25
22.7%
21.5%
Q2 25
22.4%
28.7%
Q1 25
23.4%
14.2%
Q4 24
23.1%
18.7%
Q3 24
22.4%
28.0%
Q2 24
22.2%
26.7%
Q1 24
21.6%
20.5%
Net Margin
CTAS
CTAS
DVN
DVN
Q4 25
17.7%
14.3%
Q3 25
18.1%
16.2%
Q2 25
16.8%
22.2%
Q1 25
17.8%
10.9%
Q4 24
17.5%
14.2%
Q3 24
18.1%
21.4%
Q2 24
16.8%
21.7%
Q1 24
16.5%
15.9%
EPS (diluted)
CTAS
CTAS
DVN
DVN
Q4 25
$1.21
$0.90
Q3 25
$1.20
$1.09
Q2 25
$1.08
$1.41
Q1 25
$1.13
$0.77
Q4 24
$1.09
$0.98
Q3 24
$1.10
$1.30
Q2 24
$4.00
$1.34
Q1 24
$3.84
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTAS
CTAS
DVN
DVN
Cash + ST InvestmentsLiquidity on hand
$200.8M
$1.4B
Total DebtLower is stronger
$2.4B
$8.4B
Stockholders' EquityBook value
$4.5B
$15.5B
Total Assets
$10.1B
$31.6B
Debt / EquityLower = less leverage
0.54×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
DVN
DVN
Q4 25
$200.8M
$1.4B
Q3 25
$138.1M
$1.2B
Q2 25
$264.0M
$1.7B
Q1 25
$243.4M
$1.2B
Q4 24
$122.4M
$811.0M
Q3 24
$101.4M
$645.0M
Q2 24
$342.0M
$1.1B
Q1 24
$128.5M
$1.1B
Total Debt
CTAS
CTAS
DVN
DVN
Q4 25
$2.4B
$8.4B
Q3 25
$2.4B
$8.4B
Q2 25
$2.4B
$8.9B
Q1 25
$2.0B
$8.9B
Q4 24
$2.0B
$8.9B
Q3 24
$2.0B
$8.9B
Q2 24
$2.0B
$6.1B
Q1 24
$2.5B
$6.1B
Stockholders' Equity
CTAS
CTAS
DVN
DVN
Q4 25
$4.5B
$15.5B
Q3 25
$4.8B
$15.3B
Q2 25
$4.7B
$15.1B
Q1 25
$4.6B
$14.5B
Q4 24
$4.3B
$14.5B
Q3 24
$4.0B
$14.3B
Q2 24
$4.3B
$12.6B
Q1 24
$4.2B
$12.2B
Total Assets
CTAS
CTAS
DVN
DVN
Q4 25
$10.1B
$31.6B
Q3 25
$9.8B
$31.2B
Q2 25
$9.8B
$31.4B
Q1 25
$9.6B
$30.9B
Q4 24
$9.4B
$30.5B
Q3 24
$9.1B
$30.3B
Q2 24
$9.2B
$25.2B
Q1 24
$9.0B
$25.0B
Debt / Equity
CTAS
CTAS
DVN
DVN
Q4 25
0.54×
0.54×
Q3 25
0.51×
0.55×
Q2 25
0.52×
0.59×
Q1 25
0.44×
0.61×
Q4 24
0.47×
0.61×
Q3 24
0.50×
0.62×
Q2 24
0.47×
0.49×
Q1 24
0.58×
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTAS
CTAS
DVN
DVN
Operating Cash FlowLast quarter
$531.2M
$1.5B
Free Cash FlowOCF − Capex
$425.0M
$702.0M
FCF MarginFCF / Revenue
15.2%
17.8%
Capex IntensityCapex / Revenue
3.8%
21.1%
Cash ConversionOCF / Net Profit
1.07×
2.73×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$3.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
DVN
DVN
Q4 25
$531.2M
$1.5B
Q3 25
$414.5M
$1.7B
Q2 25
$635.7M
$1.5B
Q1 25
$622.0M
$1.9B
Q4 24
$441.4M
$1.7B
Q3 24
$466.7M
$1.7B
Q2 24
$693.0M
$1.5B
Q1 24
$657.1M
$1.7B
Free Cash Flow
CTAS
CTAS
DVN
DVN
Q4 25
$425.0M
$702.0M
Q3 25
$312.5M
$820.0M
Q2 25
$521.1M
$589.0M
Q1 25
$522.1M
$1.0B
Q4 24
$340.0M
$738.0M
Q3 24
$373.8M
$786.0M
Q2 24
$591.1M
$587.0M
Q1 24
$550.1M
$844.0M
FCF Margin
CTAS
CTAS
DVN
DVN
Q4 25
15.2%
17.8%
Q3 25
11.5%
19.3%
Q2 25
19.5%
14.6%
Q1 25
20.0%
22.2%
Q4 24
13.3%
16.4%
Q3 24
14.9%
20.7%
Q2 24
23.9%
15.1%
Q1 24
22.9%
22.6%
Capex Intensity
CTAS
CTAS
DVN
DVN
Q4 25
3.8%
21.1%
Q3 25
3.8%
20.5%
Q2 25
4.3%
23.6%
Q1 25
3.8%
20.5%
Q4 24
4.0%
20.6%
Q3 24
3.7%
23.1%
Q2 24
4.1%
24.3%
Q1 24
4.4%
23.9%
Cash Conversion
CTAS
CTAS
DVN
DVN
Q4 25
1.07×
2.73×
Q3 25
0.84×
2.46×
Q2 25
1.42×
1.72×
Q1 25
1.34×
3.93×
Q4 24
0.98×
2.60×
Q3 24
1.03×
2.05×
Q2 24
1.67×
1.82×
Q1 24
1.65×
2.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTAS
CTAS

Uniform Rental And Facility Services Segment$2.2B77%
First Aid And Safety Services Segment$342.2M12%
Fire Protection Services$222.5M8%
Uniform Direct Sales$79.8M3%

DVN
DVN

Oil Gas And NGL Sales$2.6B65%
Marketing And Midstream Revenues$1.4B35%

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