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Side-by-side financial comparison of Cintas (CTAS) and NetEase, Inc. (NTES). Click either name above to swap in a different company.

NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $2.8B, roughly 1.4× Cintas). NetEase, Inc. runs the higher net margin — 31.0% vs 17.7%, a 13.3% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $425.0M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% 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.

NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.

CTAS vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.4× larger
NTES
$4.0B
$2.8B
CTAS
Higher net margin
NTES
NTES
13.3% more per $
NTES
31.0%
17.7%
CTAS
More free cash flow
NTES
NTES
$1.4B more FCF
NTES
$1.8B
$425.0M
CTAS
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
7.9%
CTAS

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
CTAS
CTAS
NTES
NTES
Revenue
$2.8B
$4.0B
Net Profit
$495.3M
$1.2B
Gross Margin
50.4%
64.1%
Operating Margin
23.4%
28.3%
Net Margin
17.7%
31.0%
Revenue YoY
9.3%
Net Profit YoY
10.4%
EPS (diluted)
$1.21

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
NTES
NTES
Q4 25
$2.8B
Q3 25
$2.7B
$4.0B
Q2 25
$2.7B
$3.9B
Q1 25
$2.6B
$4.0B
Q4 24
$2.6B
Q3 24
$2.5B
$3.7B
Q2 24
$2.5B
$3.5B
Q1 24
$2.4B
$3.7B
Net Profit
CTAS
CTAS
NTES
NTES
Q4 25
$495.3M
Q3 25
$491.1M
$1.2B
Q2 25
$448.3M
$1.3B
Q1 25
$463.5M
$1.5B
Q4 24
$448.5M
Q3 24
$452.0M
$955.7M
Q2 24
$414.3M
$939.6M
Q1 24
$397.6M
$1.1B
Gross Margin
CTAS
CTAS
NTES
NTES
Q4 25
50.4%
Q3 25
50.3%
64.1%
Q2 25
49.7%
64.7%
Q1 25
50.6%
64.1%
Q4 24
49.8%
Q3 24
50.1%
62.9%
Q2 24
62.9%
Q1 24
63.4%
Operating Margin
CTAS
CTAS
NTES
NTES
Q4 25
23.4%
Q3 25
22.7%
28.3%
Q2 25
22.4%
32.5%
Q1 25
23.4%
36.2%
Q4 24
23.1%
Q3 24
22.4%
27.3%
Q2 24
22.2%
27.4%
Q1 24
21.6%
28.4%
Net Margin
CTAS
CTAS
NTES
NTES
Q4 25
17.7%
Q3 25
18.1%
31.0%
Q2 25
16.8%
32.6%
Q1 25
17.8%
36.6%
Q4 24
17.5%
Q3 24
18.1%
25.6%
Q2 24
16.8%
26.8%
Q1 24
16.5%
29.1%
EPS (diluted)
CTAS
CTAS
NTES
NTES
Q4 25
$1.21
Q3 25
$1.20
Q2 25
$1.08
Q1 25
$1.13
Q4 24
$1.09
Q3 24
$1.10
Q2 24
$4.00
Q1 24
$3.84

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$200.8M
$31.3B
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$4.5B
$160.8B
Total Assets
$10.1B
$214.5B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
NTES
NTES
Q4 25
$200.8M
Q3 25
$138.1M
$31.3B
Q2 25
$264.0M
$54.4B
Q1 25
$243.4M
$41.7B
Q4 24
$122.4M
Q3 24
$101.4M
$20.2B
Q2 24
$342.0M
$19.0B
Q1 24
$128.5M
$43.0B
Total Debt
CTAS
CTAS
NTES
NTES
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.5B
Stockholders' Equity
CTAS
CTAS
NTES
NTES
Q4 25
$4.5B
Q3 25
$4.8B
$160.8B
Q2 25
$4.7B
$154.0B
Q1 25
$4.6B
$147.8B
Q4 24
$4.3B
Q3 24
$4.0B
$135.6B
Q2 24
$4.3B
$134.2B
Q1 24
$4.2B
$130.5B
Total Assets
CTAS
CTAS
NTES
NTES
Q4 25
$10.1B
Q3 25
$9.8B
$214.5B
Q2 25
$9.8B
$208.5B
Q1 25
$9.6B
$200.9B
Q4 24
$9.4B
Q3 24
$9.1B
$184.9B
Q2 24
$9.2B
$183.3B
Q1 24
$9.0B
$195.1B
Debt / Equity
CTAS
CTAS
NTES
NTES
Q4 25
0.54×
Q3 25
0.51×
Q2 25
0.52×
Q1 25
0.44×
Q4 24
0.47×
Q3 24
0.50×
Q2 24
0.47×
Q1 24
0.58×

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
NTES
NTES
Operating Cash FlowLast quarter
$531.2M
$1.8B
Free Cash FlowOCF − Capex
$425.0M
$1.8B
FCF MarginFCF / Revenue
15.2%
44.7%
Capex IntensityCapex / Revenue
3.8%
1.0%
Cash ConversionOCF / Net Profit
1.07×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
NTES
NTES
Q4 25
$531.2M
Q3 25
$414.5M
$1.8B
Q2 25
$635.7M
$1.5B
Q1 25
$622.0M
$1.7B
Q4 24
$441.4M
Q3 24
$466.7M
$1.5B
Q2 24
$693.0M
$898.8M
Q1 24
$657.1M
$1.3B
Free Cash Flow
CTAS
CTAS
NTES
NTES
Q4 25
$425.0M
Q3 25
$312.5M
$1.8B
Q2 25
$521.1M
$1.5B
Q1 25
$522.1M
$1.6B
Q4 24
$340.0M
Q3 24
$373.8M
$1.5B
Q2 24
$591.1M
$875.6M
Q1 24
$550.1M
$1.3B
FCF Margin
CTAS
CTAS
NTES
NTES
Q4 25
15.2%
Q3 25
11.5%
44.7%
Q2 25
19.5%
38.3%
Q1 25
20.0%
40.4%
Q4 24
13.3%
Q3 24
14.9%
38.9%
Q2 24
23.9%
25.0%
Q1 24
22.9%
34.0%
Capex Intensity
CTAS
CTAS
NTES
NTES
Q4 25
3.8%
Q3 25
3.8%
1.0%
Q2 25
4.3%
0.7%
Q1 25
3.8%
1.6%
Q4 24
4.0%
Q3 24
3.7%
1.4%
Q2 24
4.1%
0.7%
Q1 24
4.4%
1.5%
Cash Conversion
CTAS
CTAS
NTES
NTES
Q4 25
1.07×
Q3 25
0.84×
1.47×
Q2 25
1.42×
1.20×
Q1 25
1.34×
1.15×
Q4 24
0.98×
Q3 24
1.03×
1.58×
Q2 24
1.67×
0.96×
Q1 24
1.65×
1.22×

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%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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