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

Cintas is the larger business by last-quarter revenue ($2.8B vs $2.3B, roughly 1.2× Prologis). Prologis runs the higher net margin — 62.1% vs 17.7%, a 44.4% gap on every dollar of revenue. On growth, Cintas posted the faster year-over-year revenue change (9.3% vs 2.4%). Over the past eight quarters, Cintas's revenue compounded faster (7.9% CAGR vs 7.3%).

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.

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

CTAS vs PLD — Head-to-Head

Bigger by revenue
CTAS
CTAS
1.2× larger
CTAS
$2.8B
$2.3B
PLD
Growing faster (revenue YoY)
CTAS
CTAS
+6.9% gap
CTAS
9.3%
2.4%
PLD
Higher net margin
PLD
PLD
44.4% more per $
PLD
62.1%
17.7%
CTAS
Faster 2-yr revenue CAGR
CTAS
CTAS
Annualised
CTAS
7.9%
7.3%
PLD

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CTAS
CTAS
PLD
PLD
Revenue
$2.8B
$2.3B
Net Profit
$495.3M
$1.4B
Gross Margin
50.4%
Operating Margin
23.4%
72.2%
Net Margin
17.7%
62.1%
Revenue YoY
9.3%
2.4%
Net Profit YoY
10.4%
9.5%
EPS (diluted)
$1.21
$1.50

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
PLD
PLD
Q4 25
$2.8B
$2.3B
Q3 25
$2.7B
$2.2B
Q2 25
$2.7B
$2.2B
Q1 25
$2.6B
$2.1B
Q4 24
$2.6B
$2.2B
Q3 24
$2.5B
$2.0B
Q2 24
$2.5B
$2.0B
Q1 24
$2.4B
$2.0B
Net Profit
CTAS
CTAS
PLD
PLD
Q4 25
$495.3M
$1.4B
Q3 25
$491.1M
$764.3M
Q2 25
$448.3M
$571.2M
Q1 25
$463.5M
$593.0M
Q4 24
$448.5M
$1.3B
Q3 24
$452.0M
$1.0B
Q2 24
$414.3M
$861.3M
Q1 24
$397.6M
$585.7M
Gross Margin
CTAS
CTAS
PLD
PLD
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
Q1 24
Operating Margin
CTAS
CTAS
PLD
PLD
Q4 25
23.4%
72.2%
Q3 25
22.7%
42.5%
Q2 25
22.4%
41.8%
Q1 25
23.4%
41.1%
Q4 24
23.1%
64.6%
Q3 24
22.4%
61.4%
Q2 24
22.2%
51.0%
Q1 24
21.6%
36.8%
Net Margin
CTAS
CTAS
PLD
PLD
Q4 25
17.7%
62.1%
Q3 25
18.1%
34.5%
Q2 25
16.8%
26.2%
Q1 25
17.8%
27.7%
Q4 24
17.5%
58.1%
Q3 24
18.1%
49.4%
Q2 24
16.8%
42.9%
Q1 24
16.5%
29.9%
EPS (diluted)
CTAS
CTAS
PLD
PLD
Q4 25
$1.21
$1.50
Q3 25
$1.20
$0.82
Q2 25
$1.08
$0.61
Q1 25
$1.13
$0.63
Q4 24
$1.09
$1.38
Q3 24
$1.10
$1.08
Q2 24
$4.00
$0.92
Q1 24
$3.84
$0.63

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
PLD
PLD
Cash + ST InvestmentsLiquidity on hand
$200.8M
$1.1B
Total DebtLower is stronger
$2.4B
$35.0B
Stockholders' EquityBook value
$4.5B
$53.2B
Total Assets
$10.1B
$98.7B
Debt / EquityLower = less leverage
0.54×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
PLD
PLD
Q4 25
$200.8M
$1.1B
Q3 25
$138.1M
$1.2B
Q2 25
$264.0M
$1.1B
Q1 25
$243.4M
$671.1M
Q4 24
$122.4M
$1.3B
Q3 24
$101.4M
$780.9M
Q2 24
$342.0M
$598.3M
Q1 24
$128.5M
$500.6M
Total Debt
CTAS
CTAS
PLD
PLD
Q4 25
$2.4B
$35.0B
Q3 25
$2.4B
$35.3B
Q2 25
$2.4B
$34.7B
Q1 25
$2.0B
$32.3B
Q4 24
$2.0B
$30.9B
Q3 24
$2.0B
$32.3B
Q2 24
$2.0B
$29.9B
Q1 24
$2.5B
$29.6B
Stockholders' Equity
CTAS
CTAS
PLD
PLD
Q4 25
$4.5B
$53.2B
Q3 25
$4.8B
$52.6B
Q2 25
$4.7B
$52.7B
Q1 25
$4.6B
$53.5B
Q4 24
$4.3B
$54.0B
Q3 24
$4.0B
$53.1B
Q2 24
$4.3B
$53.3B
Q1 24
$4.2B
$53.2B
Total Assets
CTAS
CTAS
PLD
PLD
Q4 25
$10.1B
$98.7B
Q3 25
$9.8B
$98.3B
Q2 25
$9.8B
$97.7B
Q1 25
$9.6B
$96.0B
Q4 24
$9.4B
$95.3B
Q3 24
$9.1B
$95.9B
Q2 24
$9.2B
$93.5B
Q1 24
$9.0B
$93.3B
Debt / Equity
CTAS
CTAS
PLD
PLD
Q4 25
0.54×
0.66×
Q3 25
0.51×
0.67×
Q2 25
0.52×
0.66×
Q1 25
0.44×
0.60×
Q4 24
0.47×
0.57×
Q3 24
0.50×
0.61×
Q2 24
0.47×
0.56×
Q1 24
0.58×
0.56×

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
PLD
PLD
Operating Cash FlowLast quarter
$531.2M
$1.2B
Free Cash FlowOCF − Capex
$425.0M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.07×
0.83×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
PLD
PLD
Q4 25
$531.2M
$1.2B
Q3 25
$414.5M
$1.4B
Q2 25
$635.7M
$1.2B
Q1 25
$622.0M
$1.2B
Q4 24
$441.4M
$1.3B
Q3 24
$466.7M
$1.4B
Q2 24
$693.0M
$1.1B
Q1 24
$657.1M
$1.1B
Free Cash Flow
CTAS
CTAS
PLD
PLD
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
FCF Margin
CTAS
CTAS
PLD
PLD
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%
Capex Intensity
CTAS
CTAS
PLD
PLD
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%
Cash Conversion
CTAS
CTAS
PLD
PLD
Q4 25
1.07×
0.83×
Q3 25
0.84×
1.89×
Q2 25
1.42×
2.17×
Q1 25
1.34×
1.96×
Q4 24
0.98×
1.04×
Q3 24
1.03×
1.43×
Q2 24
1.67×
1.26×
Q1 24
1.65×
1.80×

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%

PLD
PLD

Real Estate Operations Segment$2.0B88%
Unconsolidated Co Investment Ventures$131.7M6%
Other$82.6M4%
Strategic Capital Segment$49.9M2%

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