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Side-by-side financial comparison of Cintas (CTAS) and GRAPHIC PACKAGING HOLDING CO (GPK). Click either name above to swap in a different company.
Cintas is the larger business by last-quarter revenue ($2.8B vs $2.1B, roughly 1.3× GRAPHIC PACKAGING HOLDING CO). Cintas runs the higher net margin — 17.7% vs 3.4%, a 14.3% gap on every dollar of revenue. On growth, Cintas posted the faster year-over-year revenue change (9.3% vs 0.2%). Over the past eight quarters, Cintas's revenue compounded faster (7.9% CAGR vs -3.5%).
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.
Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...
CTAS vs GPK — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $2.1B |
| Net Profit | $495.3M | $71.0M |
| Gross Margin | 50.4% | 14.1% |
| Operating Margin | 23.4% | 7.4% |
| Net Margin | 17.7% | 3.4% |
| Revenue YoY | 9.3% | 0.2% |
| Net Profit YoY | 10.4% | -48.6% |
| EPS (diluted) | $1.21 | $0.24 |
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 | $2.1B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $2.7B | $2.2B | ||
| Q1 25 | $2.6B | $2.1B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.5B | $2.2B | ||
| Q2 24 | $2.5B | $2.2B | ||
| Q1 24 | $2.4B | $2.3B |
| Q4 25 | $495.3M | $71.0M | ||
| Q3 25 | $491.1M | $142.0M | ||
| Q2 25 | $448.3M | $104.0M | ||
| Q1 25 | $463.5M | $127.0M | ||
| Q4 24 | $448.5M | $138.0M | ||
| Q3 24 | $452.0M | $165.0M | ||
| Q2 24 | $414.3M | $190.0M | ||
| Q1 24 | $397.6M | $165.0M |
| Q4 25 | 50.4% | 14.1% | ||
| Q3 25 | 50.3% | 19.6% | ||
| Q2 25 | 49.7% | 18.7% | ||
| Q1 25 | 50.6% | 20.6% | ||
| Q4 24 | 49.8% | 21.4% | ||
| Q3 24 | 50.1% | 22.3% | ||
| Q2 24 | — | 21.2% | ||
| Q1 24 | — | 23.0% |
| Q4 25 | 23.4% | 7.4% | ||
| Q3 25 | 22.7% | 10.7% | ||
| Q2 25 | 22.4% | 8.8% | ||
| Q1 25 | 23.4% | 10.5% | ||
| Q4 24 | 23.1% | 11.4% | ||
| Q3 24 | 22.4% | 12.6% | ||
| Q2 24 | 22.2% | 14.5% | ||
| Q1 24 | 21.6% | 12.4% |
| Q4 25 | 17.7% | 3.4% | ||
| Q3 25 | 18.1% | 6.5% | ||
| Q2 25 | 16.8% | 4.7% | ||
| Q1 25 | 17.8% | 6.0% | ||
| Q4 24 | 17.5% | 6.6% | ||
| Q3 24 | 18.1% | 7.5% | ||
| Q2 24 | 16.8% | 8.5% | ||
| Q1 24 | 16.5% | 7.3% |
| Q4 25 | $1.21 | $0.24 | ||
| Q3 25 | $1.20 | $0.48 | ||
| Q2 25 | $1.08 | $0.34 | ||
| Q1 25 | $1.13 | $0.42 | ||
| Q4 24 | $1.09 | $0.46 | ||
| Q3 24 | $1.10 | $0.55 | ||
| Q2 24 | $4.00 | $0.62 | ||
| Q1 24 | $3.84 | $0.53 |
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 | $261.0M |
| Total DebtLower is stronger | $2.4B | $5.0B |
| Stockholders' EquityBook value | $4.5B | $3.3B |
| Total Assets | $10.1B | $11.8B |
| Debt / EquityLower = less leverage | 0.54× | 1.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $200.8M | $261.0M | ||
| Q3 25 | $138.1M | $120.0M | ||
| Q2 25 | $264.0M | $120.0M | ||
| Q1 25 | $243.4M | $129.0M | ||
| Q4 24 | $122.4M | $157.0M | ||
| Q3 24 | $101.4M | $126.0M | ||
| Q2 24 | $342.0M | $125.0M | ||
| Q1 24 | $128.5M | $136.0M |
| Q4 25 | $2.4B | $5.0B | ||
| Q3 25 | $2.4B | $5.5B | ||
| Q2 25 | $2.4B | $5.4B | ||
| Q1 25 | $2.0B | $5.7B | ||
| Q4 24 | $2.0B | $5.1B | ||
| Q3 24 | $2.0B | $5.4B | ||
| Q2 24 | $2.0B | $4.9B | ||
| Q1 24 | $2.5B | $4.9B |
| Q4 25 | $4.5B | $3.3B | ||
| Q3 25 | $4.8B | $3.3B | ||
| Q2 25 | $4.7B | $3.2B | ||
| Q1 25 | $4.6B | $3.2B | ||
| Q4 24 | $4.3B | $3.0B | ||
| Q3 24 | $4.0B | $3.0B | ||
| Q2 24 | $4.3B | $2.8B | ||
| Q1 24 | $4.2B | $2.9B |
| Q4 25 | $10.1B | $11.8B | ||
| Q3 25 | $9.8B | $11.9B | ||
| Q2 25 | $9.8B | $11.8B | ||
| Q1 25 | $9.6B | $11.5B | ||
| Q4 24 | $9.4B | $11.1B | ||
| Q3 24 | $9.1B | $11.2B | ||
| Q2 24 | $9.2B | $10.8B | ||
| Q1 24 | $9.0B | $11.3B |
| Q4 25 | 0.54× | 1.51× | ||
| Q3 25 | 0.51× | 1.67× | ||
| Q2 25 | 0.52× | 1.68× | ||
| Q1 25 | 0.44× | 1.80× | ||
| Q4 24 | 0.47× | 1.71× | ||
| Q3 24 | 0.50× | 1.79× | ||
| Q2 24 | 0.47× | 1.75× | ||
| Q1 24 | 0.58× | 1.73× |
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 | $521.0M |
| Free Cash FlowOCF − Capex | $425.0M | — |
| FCF MarginFCF / Revenue | 15.2% | — |
| Capex IntensityCapex / Revenue | 3.8% | — |
| Cash ConversionOCF / Net Profit | 1.07× | 7.34× |
| TTM Free Cash FlowTrailing 4 quarters | $1.8B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.2M | $521.0M | ||
| Q3 25 | $414.5M | $227.0M | ||
| Q2 25 | $635.7M | $267.0M | ||
| Q1 25 | $622.0M | $-174.0M | ||
| Q4 24 | $441.4M | $489.0M | ||
| Q3 24 | $466.7M | $187.0M | ||
| Q2 24 | $693.0M | $161.0M | ||
| Q1 24 | $657.1M | $3.0M |
| Q4 25 | $425.0M | — | ||
| Q3 25 | $312.5M | — | ||
| Q2 25 | $521.1M | — | ||
| Q1 25 | $522.1M | — | ||
| Q4 24 | $340.0M | — | ||
| Q3 24 | $373.8M | — | ||
| Q2 24 | $591.1M | — | ||
| Q1 24 | $550.1M | — |
| Q4 25 | 15.2% | — | ||
| Q3 25 | 11.5% | — | ||
| Q2 25 | 19.5% | — | ||
| Q1 25 | 20.0% | — | ||
| Q4 24 | 13.3% | — | ||
| Q3 24 | 14.9% | — | ||
| Q2 24 | 23.9% | — | ||
| Q1 24 | 22.9% | — |
| Q4 25 | 3.8% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 4.4% | — |
| Q4 25 | 1.07× | 7.34× | ||
| Q3 25 | 0.84× | 1.60× | ||
| Q2 25 | 1.42× | 2.57× | ||
| Q1 25 | 1.34× | -1.37× | ||
| Q4 24 | 0.98× | 3.54× | ||
| Q3 24 | 1.03× | 1.13× | ||
| Q2 24 | 1.67× | 0.85× | ||
| Q1 24 | 1.65× | 0.02× |
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% |
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
