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Side-by-side financial comparison of Cintas (CTAS) and Nasdaq, Inc. (NDAQ). 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× Nasdaq, Inc.). Nasdaq, Inc. runs the higher net margin — 24.3% vs 17.7%, a 6.6% gap on every dollar of revenue. On growth, Cintas posted the faster year-over-year revenue change (9.3% vs 2.0%). Over the past eight quarters, Nasdaq, Inc.'s revenue compounded faster (9.2% 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.

Nasdaq Stock Market is an American stock exchange, the second-largest by market cap on the list of stock exchanges, and the first fully electronic stock market. The exchange is based in Manhattan, New York City, and is among the most active stock trading venue by volume in the United States.

CTAS vs NDAQ — Head-to-Head

Bigger by revenue
CTAS
CTAS
1.3× larger
CTAS
$2.8B
$2.1B
NDAQ
Growing faster (revenue YoY)
CTAS
CTAS
+7.3% gap
CTAS
9.3%
2.0%
NDAQ
Higher net margin
NDAQ
NDAQ
6.6% more per $
NDAQ
24.3%
17.7%
CTAS
Faster 2-yr revenue CAGR
NDAQ
NDAQ
Annualised
NDAQ
9.2%
7.9%
CTAS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CTAS
CTAS
NDAQ
NDAQ
Revenue
$2.8B
$2.1B
Net Profit
$495.3M
$519.0M
Gross Margin
50.4%
Operating Margin
23.4%
30.7%
Net Margin
17.7%
24.3%
Revenue YoY
9.3%
2.0%
Net Profit YoY
10.4%
31.4%
EPS (diluted)
$1.21
$0.91

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
NDAQ
NDAQ
Q1 26
$2.1B
Q4 25
$2.8B
$2.1B
Q3 25
$2.7B
$2.0B
Q2 25
$2.7B
$2.1B
Q1 25
$2.6B
$2.1B
Q4 24
$2.6B
$2.0B
Q3 24
$2.5B
$1.9B
Q2 24
$2.5B
$1.8B
Net Profit
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$519.0M
Q4 25
$495.3M
$518.0M
Q3 25
$491.1M
$423.0M
Q2 25
$448.3M
$452.0M
Q1 25
$463.5M
$395.0M
Q4 24
$448.5M
$355.0M
Q3 24
$452.0M
$306.0M
Q2 24
$414.3M
$222.0M
Gross Margin
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
50.4%
65.5%
Q3 25
50.3%
67.2%
Q2 25
49.7%
62.5%
Q1 25
50.6%
59.2%
Q4 24
49.8%
60.4%
Q3 24
50.1%
60.3%
Q2 24
64.7%
Operating Margin
CTAS
CTAS
NDAQ
NDAQ
Q1 26
30.7%
Q4 25
23.4%
29.7%
Q3 25
22.7%
29.9%
Q2 25
22.4%
27.2%
Q1 25
23.4%
26.2%
Q4 24
23.1%
25.4%
Q3 24
22.4%
23.6%
Q2 24
22.2%
23.6%
Net Margin
CTAS
CTAS
NDAQ
NDAQ
Q1 26
24.3%
Q4 25
17.7%
24.4%
Q3 25
18.1%
21.6%
Q2 25
16.8%
21.6%
Q1 25
17.8%
18.9%
Q4 24
17.5%
17.5%
Q3 24
18.1%
16.1%
Q2 24
16.8%
12.4%
EPS (diluted)
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$0.91
Q4 25
$1.21
$0.90
Q3 25
$1.20
$0.73
Q2 25
$1.08
$0.78
Q1 25
$1.13
$0.68
Q4 24
$1.09
$0.62
Q3 24
$1.10
$0.53
Q2 24
$4.00
$0.38

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
NDAQ
NDAQ
Cash + ST InvestmentsLiquidity on hand
$200.8M
$515.0M
Total DebtLower is stronger
$2.4B
$9.0B
Stockholders' EquityBook value
$4.5B
$12.0B
Total Assets
$10.1B
$27.3B
Debt / EquityLower = less leverage
0.54×
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$515.0M
Q4 25
$200.8M
$604.0M
Q3 25
$138.1M
$470.0M
Q2 25
$264.0M
$732.0M
Q1 25
$243.4M
$690.0M
Q4 24
$122.4M
$592.0M
Q3 24
$101.4M
$266.0M
Q2 24
$342.0M
$416.0M
Total Debt
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$9.0B
Q4 25
$2.4B
$8.6B
Q3 25
$2.4B
$8.7B
Q2 25
$2.4B
$8.7B
Q1 25
$2.0B
$8.9B
Q4 24
$2.0B
$9.1B
Q3 24
$2.0B
$9.4B
Q2 24
$2.0B
$9.2B
Stockholders' Equity
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$12.0B
Q4 25
$4.5B
$12.2B
Q3 25
$4.8B
$12.0B
Q2 25
$4.7B
$11.8B
Q1 25
$4.6B
$11.5B
Q4 24
$4.3B
$11.2B
Q3 24
$4.0B
$11.1B
Q2 24
$4.3B
$10.9B
Total Assets
CTAS
CTAS
NDAQ
NDAQ
Q1 26
$27.3B
Q4 25
$10.1B
$31.1B
Q3 25
$9.8B
$30.7B
Q2 25
$9.8B
$30.4B
Q1 25
$9.6B
$30.6B
Q4 24
$9.4B
$30.4B
Q3 24
$9.1B
$30.6B
Q2 24
$9.2B
$30.2B
Debt / Equity
CTAS
CTAS
NDAQ
NDAQ
Q1 26
0.74×
Q4 25
0.54×
0.70×
Q3 25
0.51×
0.72×
Q2 25
0.52×
0.73×
Q1 25
0.44×
0.77×
Q4 24
0.47×
0.81×
Q3 24
0.50×
0.85×
Q2 24
0.47×
0.85×

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
NDAQ
NDAQ
Operating Cash FlowLast quarter
$531.2M
Free Cash FlowOCF − Capex
$425.0M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
$531.2M
$625.0M
Q3 25
$414.5M
$221.0M
Q2 25
$635.7M
$746.0M
Q1 25
$622.0M
$663.0M
Q4 24
$441.4M
$705.0M
Q3 24
$466.7M
$244.0M
Q2 24
$693.0M
$460.0M
Free Cash Flow
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
$425.0M
$536.0M
Q3 25
$312.5M
$152.0M
Q2 25
$521.1M
$687.0M
Q1 25
$522.1M
$614.0M
Q4 24
$340.0M
$645.0M
Q3 24
$373.8M
$188.0M
Q2 24
$591.1M
$408.0M
FCF Margin
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
15.2%
25.2%
Q3 25
11.5%
7.8%
Q2 25
19.5%
32.9%
Q1 25
20.0%
29.4%
Q4 24
13.3%
31.7%
Q3 24
14.9%
9.9%
Q2 24
23.9%
22.8%
Capex Intensity
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
3.8%
4.2%
Q3 25
3.8%
3.5%
Q2 25
4.3%
2.8%
Q1 25
3.8%
2.3%
Q4 24
4.0%
3.0%
Q3 24
3.7%
2.9%
Q2 24
4.1%
2.9%
Cash Conversion
CTAS
CTAS
NDAQ
NDAQ
Q1 26
Q4 25
1.07×
1.21×
Q3 25
0.84×
0.52×
Q2 25
1.42×
1.65×
Q1 25
1.34×
1.68×
Q4 24
0.98×
1.99×
Q3 24
1.03×
0.80×
Q2 24
1.67×
2.07×

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%

NDAQ
NDAQ

Market Services$1.0B49%
Capital Access Platforms$565.0M26%
Financial Technology$517.0M24%
Other Revenues$8.0M0%

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