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

FLEX LTD. is the larger business by last-quarter revenue ($7.5B vs $6.4B, roughly 1.2× Cintas). Cintas runs the higher net margin — 7.8% vs 3.3%, a 4.5% gap on every dollar of revenue. On growth, FLEX LTD. posted the faster year-over-year revenue change (16.9% vs 8.9%). Cintas produced more free cash flow last quarter ($1.3B vs $212.0M). Over the past eight quarters, Cintas's revenue compounded faster (61.2% CAGR vs 8.8%).

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.

Flex Ltd. is a Singaporean–American multinational manufacturing company. It is the third largest global electronics manufacturing services (EMS), original design manufacturer (ODM) company by revenue, behind only Pegatron for what concerns original equipment manufacturers. Flex's U.S. corporate headquarters are located in Austin, Texas. The company has manufacturing operations in over 30 countries, totaling about 172,000 employees.

CTAS vs FLEX — Head-to-Head

Bigger by revenue
FLEX
FLEX
1.2× larger
FLEX
$7.5B
$6.4B
CTAS
Growing faster (revenue YoY)
FLEX
FLEX
+8.0% gap
FLEX
16.9%
8.9%
CTAS
Higher net margin
CTAS
CTAS
4.5% more per $
CTAS
7.8%
3.3%
FLEX
More free cash flow
CTAS
CTAS
$1.1B more FCF
CTAS
$1.3B
$212.0M
FLEX
Faster 2-yr revenue CAGR
CTAS
CTAS
Annualised
CTAS
61.2%
8.8%
FLEX

Income Statement — Q4 FY2026 vs Q4 FY2026

Metric
CTAS
CTAS
FLEX
FLEX
Revenue
$6.4B
$7.5B
Net Profit
$502.5M
$250.0M
Gross Margin
83.1%
9.4%
Operating Margin
10.3%
5.0%
Net Margin
7.8%
3.3%
Revenue YoY
8.9%
16.9%
Net Profit YoY
8.4%
12.6%
EPS (diluted)
$1.24
$0.67

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
FLEX
FLEX
Q1 26
$6.4B
$7.5B
Q4 25
$2.8B
$7.1B
Q3 25
$2.7B
$6.8B
Q2 25
$2.7B
$6.6B
Q1 25
$2.6B
$6.4B
Q4 24
$2.6B
$6.6B
Q3 24
$2.5B
$6.5B
Q2 24
$2.5B
$6.3B
Net Profit
CTAS
CTAS
FLEX
FLEX
Q1 26
$502.5M
$250.0M
Q4 25
$495.3M
$239.0M
Q3 25
$491.1M
$199.0M
Q2 25
$448.3M
$192.0M
Q1 25
$463.5M
$222.0M
Q4 24
$448.5M
$263.0M
Q3 24
$452.0M
$214.0M
Q2 24
$414.3M
$139.0M
Gross Margin
CTAS
CTAS
FLEX
FLEX
Q1 26
83.1%
9.4%
Q4 25
50.4%
9.6%
Q3 25
50.3%
9.0%
Q2 25
49.7%
8.7%
Q1 25
50.6%
8.8%
Q4 24
49.8%
9.1%
Q3 24
50.1%
8.1%
Q2 24
7.5%
Operating Margin
CTAS
CTAS
FLEX
FLEX
Q1 26
10.3%
5.0%
Q4 25
23.4%
5.5%
Q3 25
22.7%
4.4%
Q2 25
22.4%
4.7%
Q1 25
23.4%
4.8%
Q4 24
23.1%
5.1%
Q3 24
22.4%
4.5%
Q2 24
22.2%
3.7%
Net Margin
CTAS
CTAS
FLEX
FLEX
Q1 26
7.8%
3.3%
Q4 25
17.7%
3.4%
Q3 25
18.1%
2.9%
Q2 25
16.8%
2.9%
Q1 25
17.8%
3.5%
Q4 24
17.5%
4.0%
Q3 24
18.1%
3.3%
Q2 24
16.8%
2.2%
EPS (diluted)
CTAS
CTAS
FLEX
FLEX
Q1 26
$1.24
$0.67
Q4 25
$1.21
$0.64
Q3 25
$1.20
$0.52
Q2 25
$1.08
$0.50
Q1 25
$1.13
$0.56
Q4 24
$1.09
$0.67
Q3 24
$1.10
$0.54
Q2 24
$4.00
$0.34

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
FLEX
FLEX
Cash + ST InvestmentsLiquidity on hand
$183.2M
$2.4B
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$4.8B
$5.1B
Total Assets
$22.1B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
FLEX
FLEX
Q1 26
$183.2M
$2.4B
Q4 25
$200.8M
$3.1B
Q3 25
$138.1M
$2.2B
Q2 25
$264.0M
$2.2B
Q1 25
$243.4M
$2.3B
Q4 24
$122.4M
$2.3B
Q3 24
$101.4M
$2.6B
Q2 24
$342.0M
$2.2B
Total Debt
CTAS
CTAS
FLEX
FLEX
Q1 26
$3.8B
Q4 25
$2.4B
$4.4B
Q3 25
$2.4B
$3.7B
Q2 25
$2.4B
$3.7B
Q1 25
$2.0B
$3.7B
Q4 24
$2.0B
$3.7B
Q3 24
$2.0B
$3.7B
Q2 24
$2.0B
$3.2B
Stockholders' Equity
CTAS
CTAS
FLEX
FLEX
Q1 26
$4.8B
$5.1B
Q4 25
$4.5B
$5.1B
Q3 25
$4.8B
$5.0B
Q2 25
$4.7B
$5.1B
Q1 25
$4.6B
$5.0B
Q4 24
$4.3B
$5.0B
Q3 24
$4.0B
$5.0B
Q2 24
$4.3B
$5.0B
Total Assets
CTAS
CTAS
FLEX
FLEX
Q1 26
$22.1B
Q4 25
$10.1B
$20.8B
Q3 25
$9.8B
$19.5B
Q2 25
$9.8B
$19.1B
Q1 25
$9.6B
$18.4B
Q4 24
$9.4B
$18.3B
Q3 24
$9.1B
$18.6B
Q2 24
$9.2B
$17.7B
Debt / Equity
CTAS
CTAS
FLEX
FLEX
Q1 26
0.73×
Q4 25
0.54×
0.87×
Q3 25
0.51×
0.73×
Q2 25
0.52×
0.72×
Q1 25
0.44×
0.74×
Q4 24
0.47×
0.74×
Q3 24
0.50×
0.74×
Q2 24
0.47×
0.64×

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
FLEX
FLEX
Operating Cash FlowLast quarter
$1.6B
$413.0M
Free Cash FlowOCF − Capex
$1.3B
$212.0M
FCF MarginFCF / Revenue
19.7%
2.8%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
3.12×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
FLEX
FLEX
Q1 26
$1.6B
$413.0M
Q4 25
$531.2M
$420.0M
Q3 25
$414.5M
$453.0M
Q2 25
$635.7M
$399.0M
Q1 25
$622.0M
$433.0M
Q4 24
$441.4M
$413.0M
Q3 24
$466.7M
$319.0M
Q2 24
$693.0M
$340.0M
Free Cash Flow
CTAS
CTAS
FLEX
FLEX
Q1 26
$1.3B
$212.0M
Q4 25
$425.0M
$272.0M
Q3 25
$312.5M
$303.0M
Q2 25
$521.1M
$266.0M
Q1 25
$522.1M
$321.0M
Q4 24
$340.0M
$301.0M
Q3 24
$373.8M
$216.0M
Q2 24
$591.1M
$229.0M
FCF Margin
CTAS
CTAS
FLEX
FLEX
Q1 26
19.7%
2.8%
Q4 25
15.2%
3.9%
Q3 25
11.5%
4.5%
Q2 25
19.5%
4.0%
Q1 25
20.0%
5.0%
Q4 24
13.3%
4.6%
Q3 24
14.9%
3.3%
Q2 24
23.9%
3.6%
Capex Intensity
CTAS
CTAS
FLEX
FLEX
Q1 26
4.7%
Q4 25
3.8%
2.1%
Q3 25
3.8%
2.2%
Q2 25
4.3%
2.0%
Q1 25
3.8%
1.8%
Q4 24
4.0%
1.7%
Q3 24
3.7%
1.6%
Q2 24
4.1%
1.8%
Cash Conversion
CTAS
CTAS
FLEX
FLEX
Q1 26
3.12×
1.65×
Q4 25
1.07×
1.76×
Q3 25
0.84×
2.28×
Q2 25
1.42×
2.08×
Q1 25
1.34×
1.95×
Q4 24
0.98×
1.57×
Q3 24
1.03×
1.49×
Q2 24
1.67×
2.45×

Financial Flow Comparison

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

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