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Side-by-side financial comparison of Cintas (CTAS) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.
SHOPIFY INC. is the larger business by last-quarter revenue ($3.7B vs $2.8B, roughly 1.3× Cintas). SHOPIFY INC. runs the higher net margin — 20.2% vs 17.7%, a 2.5% gap on every dollar of revenue. On growth, SHOPIFY INC. posted the faster year-over-year revenue change (30.6% vs 9.3%). SHOPIFY INC. produced more free cash flow last quarter ($715.0M vs $425.0M). Over the past eight quarters, SHOPIFY INC.'s revenue compounded faster (40.5% 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.
Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.
CTAS vs SHOP — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $3.7B |
| Net Profit | $495.3M | $743.0M |
| Gross Margin | 50.4% | 46.1% |
| Operating Margin | 23.4% | 17.2% |
| Net Margin | 17.7% | 20.2% |
| Revenue YoY | 9.3% | 30.6% |
| Net Profit YoY | 10.4% | -42.5% |
| EPS (diluted) | $1.21 | $0.58 |
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.
| Q4 25 | $2.8B | $3.7B | ||
| Q3 25 | $2.7B | $2.8B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.6B | $2.4B | ||
| Q4 24 | $2.6B | $2.8B | ||
| Q3 24 | $2.5B | $2.2B | ||
| Q2 24 | $2.5B | $2.0B | ||
| Q1 24 | $2.4B | $1.9B |
| Q4 25 | $495.3M | $743.0M | ||
| Q3 25 | $491.1M | $264.0M | ||
| Q2 25 | $448.3M | $906.0M | ||
| Q1 25 | $463.5M | $-682.0M | ||
| Q4 24 | $448.5M | $1.3B | ||
| Q3 24 | $452.0M | $828.0M | ||
| Q2 24 | $414.3M | $171.0M | ||
| Q1 24 | $397.6M | $-273.0M |
| Q4 25 | 50.4% | 46.1% | ||
| Q3 25 | 50.3% | 48.9% | ||
| Q2 25 | 49.7% | 48.6% | ||
| Q1 25 | 50.6% | 49.5% | ||
| Q4 24 | 49.8% | 48.1% | ||
| Q3 24 | 50.1% | 51.7% | ||
| Q2 24 | — | 51.1% | ||
| Q1 24 | — | 51.4% |
| Q4 25 | 23.4% | 17.2% | ||
| Q3 25 | 22.7% | 12.1% | ||
| Q2 25 | 22.4% | 10.9% | ||
| Q1 25 | 23.4% | 8.6% | ||
| Q4 24 | 23.1% | 16.5% | ||
| Q3 24 | 22.4% | 13.1% | ||
| Q2 24 | 22.2% | 11.8% | ||
| Q1 24 | 21.6% | 4.6% |
| Q4 25 | 17.7% | 20.2% | ||
| Q3 25 | 18.1% | 9.3% | ||
| Q2 25 | 16.8% | 33.8% | ||
| Q1 25 | 17.8% | -28.9% | ||
| Q4 24 | 17.5% | 46.0% | ||
| Q3 24 | 18.1% | 38.3% | ||
| Q2 24 | 16.8% | 8.4% | ||
| Q1 24 | 16.5% | -14.7% |
| Q4 25 | $1.21 | $0.58 | ||
| Q3 25 | $1.20 | $0.20 | ||
| Q2 25 | $1.08 | $0.69 | ||
| Q1 25 | $1.13 | $-0.53 | ||
| Q4 24 | $1.09 | $0.99 | ||
| Q3 24 | $1.10 | $0.64 | ||
| Q2 24 | $4.00 | $0.13 | ||
| Q1 24 | $3.84 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $200.8M | $5.8B |
| Total DebtLower is stronger | $2.4B | — |
| Stockholders' EquityBook value | $4.5B | $13.5B |
| Total Assets | $10.1B | $15.2B |
| Debt / EquityLower = less leverage | 0.54× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $200.8M | $5.8B | ||
| Q3 25 | $138.1M | $6.3B | ||
| Q2 25 | $264.0M | $5.8B | ||
| Q1 25 | $243.4M | $5.5B | ||
| Q4 24 | $122.4M | $5.5B | ||
| Q3 24 | $101.4M | — | ||
| Q2 24 | $342.0M | — | ||
| Q1 24 | $128.5M | — |
| 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 | — |
| Q4 25 | $4.5B | $13.5B | ||
| Q3 25 | $4.8B | $12.5B | ||
| Q2 25 | $4.7B | $12.1B | ||
| Q1 25 | $4.6B | $11.1B | ||
| Q4 24 | $4.3B | $11.6B | ||
| Q3 24 | $4.0B | $10.1B | ||
| Q2 24 | $4.3B | $9.2B | ||
| Q1 24 | $4.2B | $8.9B |
| Q4 25 | $10.1B | $15.2B | ||
| Q3 25 | $9.8B | $15.0B | ||
| Q2 25 | $9.8B | $14.6B | ||
| Q1 25 | $9.6B | $13.4B | ||
| Q4 24 | $9.4B | $13.9B | ||
| Q3 24 | $9.1B | — | ||
| Q2 24 | $9.2B | — | ||
| Q1 24 | $9.0B | — |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $531.2M | $725.0M |
| Free Cash FlowOCF − Capex | $425.0M | $715.0M |
| FCF MarginFCF / Revenue | 15.2% | 19.5% |
| Capex IntensityCapex / Revenue | 3.8% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.07× | 0.98× |
| TTM Free Cash FlowTrailing 4 quarters | $1.8B | $2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.2M | $725.0M | ||
| Q3 25 | $414.5M | $513.0M | ||
| Q2 25 | $635.7M | $428.0M | ||
| Q1 25 | $622.0M | $367.0M | ||
| Q4 24 | $441.4M | $615.0M | ||
| Q3 24 | $466.7M | $423.0M | ||
| Q2 24 | $693.0M | $340.0M | ||
| Q1 24 | $657.1M | $238.0M |
| Q4 25 | $425.0M | $715.0M | ||
| Q3 25 | $312.5M | $507.0M | ||
| Q2 25 | $521.1M | $422.0M | ||
| Q1 25 | $522.1M | $363.0M | ||
| Q4 24 | $340.0M | $611.0M | ||
| Q3 24 | $373.8M | $421.0M | ||
| Q2 24 | $591.1M | $333.0M | ||
| Q1 24 | $550.1M | $232.0M |
| Q4 25 | 15.2% | 19.5% | ||
| Q3 25 | 11.5% | 17.8% | ||
| Q2 25 | 19.5% | 15.7% | ||
| Q1 25 | 20.0% | 15.4% | ||
| Q4 24 | 13.3% | 21.7% | ||
| Q3 24 | 14.9% | 19.5% | ||
| Q2 24 | 23.9% | 16.3% | ||
| Q1 24 | 22.9% | 12.5% |
| Q4 25 | 3.8% | 0.3% | ||
| Q3 25 | 3.8% | 0.2% | ||
| Q2 25 | 4.3% | 0.2% | ||
| Q1 25 | 3.8% | 0.2% | ||
| Q4 24 | 4.0% | 0.1% | ||
| Q3 24 | 3.7% | 0.1% | ||
| Q2 24 | 4.1% | 0.3% | ||
| Q1 24 | 4.4% | 0.3% |
| Q4 25 | 1.07× | 0.98× | ||
| Q3 25 | 0.84× | 1.94× | ||
| Q2 25 | 1.42× | 0.47× | ||
| Q1 25 | 1.34× | — | ||
| Q4 24 | 0.98× | 0.48× | ||
| Q3 24 | 1.03× | 0.51× | ||
| Q2 24 | 1.67× | 1.99× | ||
| Q1 24 | 1.65× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTAS
| Uniform Rental And Facility Services Segment | $2.2B | 77% |
| First Aid And Safety Services Segment | $342.2M | 12% |
| Fire Protection Services | $222.5M | 8% |
| Uniform Direct Sales | $79.8M | 3% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
