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Valued at a market cap of $81.1 billion, Cintas Corporation (CTAS) engages in the provision of corporate identity uniforms and related business services. The Cincinnati, Ohio-based company offers a wide range of products, including uniforms, floor care, restroom supplies, first aid and safety products, fire extinguishers, and safety and compliance training.
Shares of this uniform rental company have significantly outperformed the broader market over the past 52 weeks. CTAS has notably rallied nearly 61% over this time frame, while the broader S&P 500 Index ($SPX) has gained 26.9%. In 2024, shares of CTAS are up 32.3%, compared to SPX’s 17.9% gain on a YTD basis.