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

SANMINA CORP is the larger business by last-quarter revenue ($3.2B vs $2.8B, roughly 1.1× Cintas). Cintas runs the higher net margin — 17.7% vs 1.5%, a 16.1% gap on every dollar of revenue. On growth, SANMINA CORP posted the faster year-over-year revenue change (59.0% vs 9.3%). Cintas produced more free cash flow last quarter ($425.0M vs $91.9M). Over the past eight quarters, SANMINA CORP's revenue compounded faster (31.9% 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.

Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2022, it is ranked number 482 in the Fortune 500 list.

CTAS vs SANM — Head-to-Head

Bigger by revenue
SANM
SANM
1.1× larger
SANM
$3.2B
$2.8B
CTAS
Growing faster (revenue YoY)
SANM
SANM
+49.7% gap
SANM
59.0%
9.3%
CTAS
Higher net margin
CTAS
CTAS
16.1% more per $
CTAS
17.7%
1.5%
SANM
More free cash flow
CTAS
CTAS
$333.1M more FCF
CTAS
$425.0M
$91.9M
SANM
Faster 2-yr revenue CAGR
SANM
SANM
Annualised
SANM
31.9%
7.9%
CTAS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CTAS
CTAS
SANM
SANM
Revenue
$2.8B
$3.2B
Net Profit
$495.3M
$49.3M
Gross Margin
50.4%
7.6%
Operating Margin
23.4%
2.3%
Net Margin
17.7%
1.5%
Revenue YoY
9.3%
59.0%
Net Profit YoY
10.4%
-24.2%
EPS (diluted)
$1.21
$0.89

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
SANM
SANM
Q4 25
$2.8B
$3.2B
Q3 25
$2.7B
$2.1B
Q2 25
$2.7B
$2.0B
Q1 25
$2.6B
$2.0B
Q4 24
$2.6B
$2.0B
Q3 24
$2.5B
$2.0B
Q2 24
$2.5B
$1.8B
Q1 24
$2.4B
$1.8B
Net Profit
CTAS
CTAS
SANM
SANM
Q4 25
$495.3M
$49.3M
Q3 25
$491.1M
$48.1M
Q2 25
$448.3M
$68.6M
Q1 25
$463.5M
$64.2M
Q4 24
$448.5M
$65.0M
Q3 24
$452.0M
$61.4M
Q2 24
$414.3M
$51.6M
Q1 24
$397.6M
$52.5M
Gross Margin
CTAS
CTAS
SANM
SANM
Q4 25
50.4%
7.6%
Q3 25
50.3%
9.1%
Q2 25
49.7%
8.9%
Q1 25
50.6%
8.9%
Q4 24
49.8%
8.4%
Q3 24
50.1%
8.5%
Q2 24
8.3%
Q1 24
8.4%
Operating Margin
CTAS
CTAS
SANM
SANM
Q4 25
23.4%
2.3%
Q3 25
22.7%
3.7%
Q2 25
22.4%
4.7%
Q1 25
23.4%
4.6%
Q4 24
23.1%
4.4%
Q3 24
22.4%
4.4%
Q2 24
22.2%
4.5%
Q1 24
21.6%
4.1%
Net Margin
CTAS
CTAS
SANM
SANM
Q4 25
17.7%
1.5%
Q3 25
18.1%
2.3%
Q2 25
16.8%
3.4%
Q1 25
17.8%
3.2%
Q4 24
17.5%
3.2%
Q3 24
18.1%
3.0%
Q2 24
16.8%
2.8%
Q1 24
16.5%
2.9%
EPS (diluted)
CTAS
CTAS
SANM
SANM
Q4 25
$1.21
$0.89
Q3 25
$1.20
$0.88
Q2 25
$1.08
$1.26
Q1 25
$1.13
$1.16
Q4 24
$1.09
$1.16
Q3 24
$1.10
$1.09
Q2 24
$4.00
$0.91
Q1 24
$3.84
$0.93

Balance Sheet & Financial Strength

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

Metric
CTAS
CTAS
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$200.8M
$1.4B
Total DebtLower is stronger
$2.4B
$2.2B
Stockholders' EquityBook value
$4.5B
$2.7B
Total Assets
$10.1B
$9.8B
Debt / EquityLower = less leverage
0.54×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTAS
CTAS
SANM
SANM
Q4 25
$200.8M
$1.4B
Q3 25
$138.1M
$926.3M
Q2 25
$264.0M
$797.9M
Q1 25
$243.4M
$647.1M
Q4 24
$122.4M
$642.4M
Q3 24
$101.4M
$625.9M
Q2 24
$342.0M
$657.7M
Q1 24
$128.5M
$650.9M
Total Debt
CTAS
CTAS
SANM
SANM
Q4 25
$2.4B
$2.2B
Q3 25
$2.4B
$300.5M
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
SANM
SANM
Q4 25
$4.5B
$2.7B
Q3 25
$4.8B
$2.5B
Q2 25
$4.7B
$2.5B
Q1 25
$4.6B
$2.4B
Q4 24
$4.3B
$2.4B
Q3 24
$4.0B
$2.4B
Q2 24
$4.3B
$2.3B
Q1 24
$4.2B
$2.3B
Total Assets
CTAS
CTAS
SANM
SANM
Q4 25
$10.1B
$9.8B
Q3 25
$9.8B
$5.9B
Q2 25
$9.8B
$5.2B
Q1 25
$9.6B
$5.0B
Q4 24
$9.4B
$4.8B
Q3 24
$9.1B
$4.8B
Q2 24
$9.2B
$4.7B
Q1 24
$9.0B
$4.7B
Debt / Equity
CTAS
CTAS
SANM
SANM
Q4 25
0.54×
0.82×
Q3 25
0.51×
0.12×
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
SANM
SANM
Operating Cash FlowLast quarter
$531.2M
$178.7M
Free Cash FlowOCF − Capex
$425.0M
$91.9M
FCF MarginFCF / Revenue
15.2%
2.9%
Capex IntensityCapex / Revenue
3.8%
2.7%
Cash ConversionOCF / Net Profit
1.07×
3.63×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTAS
CTAS
SANM
SANM
Q4 25
$531.2M
$178.7M
Q3 25
$414.5M
$199.1M
Q2 25
$635.7M
$200.8M
Q1 25
$622.0M
$156.9M
Q4 24
$441.4M
$63.9M
Q3 24
$466.7M
$51.9M
Q2 24
$693.0M
$90.0M
Q1 24
$657.1M
$72.3M
Free Cash Flow
CTAS
CTAS
SANM
SANM
Q4 25
$425.0M
$91.9M
Q3 25
$312.5M
$136.6M
Q2 25
$521.1M
$163.7M
Q1 25
$522.1M
$126.1M
Q4 24
$340.0M
$46.9M
Q3 24
$373.8M
$27.2M
Q2 24
$591.1M
$67.2M
Q1 24
$550.1M
$42.7M
FCF Margin
CTAS
CTAS
SANM
SANM
Q4 25
15.2%
2.9%
Q3 25
11.5%
6.5%
Q2 25
19.5%
8.0%
Q1 25
20.0%
6.4%
Q4 24
13.3%
2.3%
Q3 24
14.9%
1.4%
Q2 24
23.9%
3.7%
Q1 24
22.9%
2.3%
Capex Intensity
CTAS
CTAS
SANM
SANM
Q4 25
3.8%
2.7%
Q3 25
3.8%
3.0%
Q2 25
4.3%
1.8%
Q1 25
3.8%
1.5%
Q4 24
4.0%
0.9%
Q3 24
3.7%
1.2%
Q2 24
4.1%
1.2%
Q1 24
4.4%
1.6%
Cash Conversion
CTAS
CTAS
SANM
SANM
Q4 25
1.07×
3.63×
Q3 25
0.84×
4.14×
Q2 25
1.42×
2.93×
Q1 25
1.34×
2.44×
Q4 24
0.98×
0.98×
Q3 24
1.03×
0.85×
Q2 24
1.67×
1.74×
Q1 24
1.65×
1.38×

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%

SANM
SANM

Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation$1.2B38%
ZT Systems$1.1B34%
Other Segments CPS$434.3M14%
CPS Third Party Revenue$412.7M13%
Change In Accounting Method Accounted For As Change In Estimate$2.7M0%

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