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

Morgan Stanley is the larger business by last-quarter revenue ($10.7B vs $6.4B, roughly 1.7× Cintas). Morgan Stanley runs the higher net margin — 52.6% vs 7.8%, a 44.8% gap on every dollar of revenue. On growth, Morgan Stanley posted the faster year-over-year revenue change (16.0% vs 8.9%). Over the past eight quarters, Cintas's revenue compounded faster (61.2% CAGR vs -15.8%).

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.

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked No. 30 in the Forbes Global 2000.

CTAS vs MS — Head-to-Head

Bigger by revenue
MS
MS
1.7× larger
MS
$10.7B
$6.4B
CTAS
Growing faster (revenue YoY)
MS
MS
+7.1% gap
MS
16.0%
8.9%
CTAS
Higher net margin
MS
MS
44.8% more per $
MS
52.6%
7.8%
CTAS
Faster 2-yr revenue CAGR
CTAS
CTAS
Annualised
CTAS
61.2%
-15.8%
MS

Income Statement — Q4 FY2026 vs Q1 FY2026

Metric
CTAS
CTAS
MS
MS
Revenue
$6.4B
$10.7B
Net Profit
$502.5M
$5.6B
Gross Margin
83.1%
Operating Margin
10.3%
Net Margin
7.8%
52.6%
Revenue YoY
8.9%
16.0%
Net Profit YoY
8.4%
EPS (diluted)
$1.24

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.

Revenue
CTAS
CTAS
MS
MS
Q1 26
$6.4B
$10.7B
Q4 25
$2.8B
$17.9B
Q3 25
$2.7B
$18.2B
Q2 25
$2.7B
$16.8B
Q1 25
$2.6B
$17.7B
Q4 24
$2.6B
Q3 24
$2.5B
$15.4B
Q2 24
$2.5B
$15.0B
Net Profit
CTAS
CTAS
MS
MS
Q1 26
$502.5M
$5.6B
Q4 25
$495.3M
$4.4B
Q3 25
$491.1M
$4.6B
Q2 25
$448.3M
$3.5B
Q1 25
$463.5M
$4.3B
Q4 24
$448.5M
Q3 24
$452.0M
$3.2B
Q2 24
$414.3M
$3.1B
Gross Margin
CTAS
CTAS
MS
MS
Q1 26
83.1%
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
Operating Margin
CTAS
CTAS
MS
MS
Q1 26
10.3%
Q4 25
23.4%
32.2%
Q3 25
22.7%
33.1%
Q2 25
22.4%
27.5%
Q1 25
23.4%
31.3%
Q4 24
23.1%
Q3 24
22.4%
27.4%
Q2 24
22.2%
27.1%
Net Margin
CTAS
CTAS
MS
MS
Q1 26
7.8%
52.6%
Q4 25
17.7%
24.6%
Q3 25
18.1%
25.3%
Q2 25
16.8%
21.1%
Q1 25
17.8%
24.3%
Q4 24
17.5%
Q3 24
18.1%
20.7%
Q2 24
16.8%
20.5%
EPS (diluted)
CTAS
CTAS
MS
MS
Q1 26
$1.24
Q4 25
$1.21
$2.68
Q3 25
$1.20
$2.80
Q2 25
$1.08
$2.13
Q1 25
$1.13
$2.60
Q4 24
$1.09
Q3 24
$1.10
$1.88
Q2 24
$4.00
$1.82

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
MS
MS
Cash + ST InvestmentsLiquidity on hand
$183.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8B
$5.1M
Total Assets
$1581.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
MS
MS
Q1 26
$183.2M
Q4 25
$200.8M
$111.7B
Q3 25
$138.1M
$103.7B
Q2 25
$264.0M
$109.1B
Q1 25
$243.4M
$90.7B
Q4 24
$122.4M
Q3 24
$101.4M
$91.1B
Q2 24
$342.0M
$90.2B
Total Debt
CTAS
CTAS
MS
MS
Q1 26
Q4 25
$2.4B
$341.7B
Q3 25
$2.4B
$324.1B
Q2 25
$2.4B
$320.1B
Q1 25
$2.0B
$297.0B
Q4 24
$2.0B
Q3 24
$2.0B
$291.2B
Q2 24
$2.0B
$269.9B
Stockholders' Equity
CTAS
CTAS
MS
MS
Q1 26
$4.8B
$5.1M
Q4 25
$4.5B
$111.6B
Q3 25
$4.8B
$110.0B
Q2 25
$4.7B
$108.2B
Q1 25
$4.6B
$106.8B
Q4 24
$4.3B
Q3 24
$4.0B
$103.6B
Q2 24
$4.3B
$100.7B
Total Assets
CTAS
CTAS
MS
MS
Q1 26
$1581.4B
Q4 25
$10.1B
$1420.3B
Q3 25
$9.8B
$1364.8B
Q2 25
$9.8B
$1353.9B
Q1 25
$9.6B
$1300.3B
Q4 24
$9.4B
Q3 24
$9.1B
$1258.0B
Q2 24
$9.2B
$1212.4B
Debt / Equity
CTAS
CTAS
MS
MS
Q1 26
Q4 25
0.54×
3.06×
Q3 25
0.51×
2.95×
Q2 25
0.52×
2.96×
Q1 25
0.44×
2.78×
Q4 24
0.47×
Q3 24
0.50×
2.81×
Q2 24
0.47×
2.68×

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
MS
MS
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
19.7%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
3.12×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
MS
MS
Q1 26
$1.6B
Q4 25
$531.2M
$-2.4B
Q3 25
$414.5M
$-3.3B
Q2 25
$635.7M
$11.8B
Q1 25
$622.0M
$-24.0B
Q4 24
$441.4M
Q3 24
$466.7M
Q2 24
$693.0M
Free Cash Flow
CTAS
CTAS
MS
MS
Q1 26
$1.3B
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
FCF Margin
CTAS
CTAS
MS
MS
Q1 26
19.7%
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%
Capex Intensity
CTAS
CTAS
MS
MS
Q1 26
4.7%
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%
Cash Conversion
CTAS
CTAS
MS
MS
Q1 26
3.12×
Q4 25
1.07×
-0.55×
Q3 25
0.84×
-0.72×
Q2 25
1.42×
3.34×
Q1 25
1.34×
-5.56×
Q4 24
0.98×
Q3 24
1.03×
Q2 24
1.67×

Financial Flow Comparison

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

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