UNF

MKT CAP:$5B

UniFirst Corporation

Market Cap

$5B

Industrials·Specialty Business Services·🇺🇸 United States·NYSE

Industrials·Specialty·🇺🇸·NYSE

Stock Price

$260.38+$66.77 (+34.49%)

Apr 23, 2026

Company Details

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cl...

CEO

Cynthia Croatti

IPO Date

Jan 16, 1984

Website

www.unifirst.com

Key Metrics TTM

Revenue

$2.5B

+1.0% YoY

Net Income

$158M

EPS (Diluted)

$8.56

Free Cash Flow

$80M

Revenue / Share

$134.78

Gross Margin

37.1%

Operating Margin

8.1%

Net Margin

6.5%

FCF Margin

3.2%

P/S

1.9x

P/E

30.1x

Earnings Reports

Q1 2026

Jan 7, 2026

$621M+2.7%EPS $1.89

FY 2025

Oct 29, 2025

$2.4B+0.2%EPS $7.98

Q4 2025

Oct 29, 2025

$614M-4.0%EPS $2.23

Q3 2025

Jul 9, 2025

$611M+1.3%EPS $2.13

Q1 2025

Jan 10, 2025

$605M+1.9%EPS $2.31

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$486M	$176M	$45M
Q2 22	$487M	$162M	$23M
Q3 22	$512M	$150M	$34M
Q4 22	$516M	$180M	$33M
Q1 23	$542M	$188M	$43M
Q2 23	$543M	$173M	$21M
Q3 23	$577M	$197M	$33M
Q4 23	$572M	$194M	$36M
Q1 24	$594M	$210M	$53M
Q2 24	$591M	$159M	$28M
Q3 24	$603M	$176M	$48M
Q4 24	$640M	$193M	$54M
Q1 25	$605M	$224M	$56M
Q3 25	$611M	$226M	$48M
Q4 25	$614M	$232M	$50M
Q1 26	$621M	$228M	$45M

Valuation

Quarter	P/S	P/E
Q1 22	2.0x	25.5x
Q2 22	1.7x	25.4x
Q3 22	1.5x	25.8x
Q4 22	1.6x	31.7x
Q1 23	1.7x	33.0x
Q2 23	1.7x	34.2x
Q3 23	1.4x	29.9x
Q4 23	1.4x	30.3x
Q1 24	1.4x	27.8x
Q2 24	1.3x	26.4x
Q3 24	1.3x	23.0x
Q4 24	1.4x	23.2x
Q1 25	1.5x	24.6x
Q3 25	1.4x	21.2x
Q4 25	1.3x	18.7x
Q1 26	1.3x	19.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$8M	-$23M
Q2 22	$37M	$8M
Q3 22	$44M	$7M
Q4 22	$34M	-$13M
Q1 23	$28M	-$11M
Q2 23	$36M	$668.0K
Q3 23	$79M	$29M
Q4 23	$73M	$25M
Q1 24	$46M	$7M
Q2 24	$61M	$27M
Q3 24	$86M	$37M
Q4 24	$102M	$64M
Q1 25	$58M	$25M
Q3 25	$68M	$24M
Q4 25	$99M	$55M
Q1 26	$15M	-$24M

Capital Expenditures

Quarter	CapEx
Q1 22	$31M
Q2 22	$29M
Q3 22	$37M
Q4 22	$47M
Q1 23	$39M
Q2 23	$36M
Q3 23	$49M
Q4 23	$48M
Q1 24	$39M
Q2 24	$34M
Q3 24	$49M
Q4 24	$38M
Q1 25	$34M
Q3 25	$44M
Q4 25	$45M
Q1 26	$39M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+8.8%	+12.9%
Q2 22	+8.2%	+13.4%
Q3 22	+10.2%	+16.5%
Q4 22	+11.0%	+14.9%
Q1 23	+11.4%	+12.9%
Q2 23	+11.5%	+12.5%
Q3 23	+12.7%	+13.7%
Q4 23	+10.7%	+10.9%
Q1 24	+9.5%	+8.4%
Q2 24	+8.8%	+7.8%
Q3 24	+4.6%	+2.1%
Q4 24	+11.9%	+9.3%
Q1 25	+1.9%	+1.7%
Q3 25	+3.4%	-0.0%
Q4 25	+1.9%	+1.8%
Q1 26	-2.9%	-1.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$2M	0.4%
Q2 22	$3M	0.6%
Q3 22	$2M	0.4%
Q4 22	$2M	0.4%
Q1 23	$1M	0.3%
Q2 23	$3M	0.6%
Q3 23	$2M	0.4%
Q4 23	$2M	0.4%
Q1 24	$3M	0.4%
Q2 24	$2M	0.4%
Q3 24	$2M	0.4%
Q4 24	$3M	0.4%
Q1 25	$3M	0.5%
Q3 25	$0	0.0%
Q4 25	$0	0.0%
Q1 26	$3M	0.4%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 22	—	—	$104M
Q2 22	—	—	$112M
Q3 22	—	—	$116M
Q4 22	—	—	$118M
Q1 23	—	—	$117M
Q2 23	—	—	$122M
Q3 23	—	—	$133M
Q4 23	$115M	$10M	—
Q1 24	—	—	$123M
Q2 24	—	—	$131M
Q3 24	—	—	$128M
Q4 24	—	—	$139M
Q1 25	—	—	$134M
Q3 25	—	—	$143M
Q4 25	—	—	$147M
Q1 26	—	—	$148M

Revenue Segments

Quarter	First Aid	Other Operating Segment	U S And Canadian Rental And Cleaning
Q1 26	$30M	$25M	$566M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$0	$821M	$821M
Q4 22	$376M	$0	$376M
Q1 23	$244M	$107M	$351M
Q2 23	$244M	$101M	$345M
Q3 23	$59M	$10M	$69M
Q4 23	$79M	$10M	$90M
Q1 24	$77M	$11M	$89M
Q2 24	$91M	$11M	$102M
Q3 24	$112M	$13M	$125M
Q4 24	$162M	$14M	$175M
Q1 25	$166M	$15M	$181M
Q2 25	$192M	$9M	$201M
Q3 25	$212M	$0	$212M
Q4 25	$204M	$6M	$209M
Q1 26	$124M	$6M	$130M
Q2 26	$152M	$6M	$157M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	19M	-0.1%	+0.0%
Q2 22	19M	-0.3%	-0.4%
Q3 22	19M	-0.5%	-0.9%
Q4 22	19M	-0.2%	-1.1%
Q1 23	19M	-0.5%	-1.4%
Q2 23	19M	+0.1%	-1.1%
Q3 23	19M	-0.1%	-0.7%
Q4 23	19M	+0.2%	-0.3%
Q1 24	19M	-0.1%	+0.1%
Q2 24	19M	-0.1%	-0.1%
Q3 24	19M	-0.3%	-0.2%
Q4 24	19M	-0.1%	-0.6%
Q1 25	19M	-0.1%	-0.5%
Q3 25	19M	-0.3%	-0.8%
Q4 25	18M	-0.9%	-1.4%
Q1 26	18M	-1.4%	-2.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$34.7K	14K
Q2 22	$34.8K	14K
Q3 22	$36.5K	14K
Q4 22	$36.9K	14K
Q1 23	$38.7K	14K
Q2 23	$38.8K	14K
Q3 23	$41.2K	14K
Q4 23	$35.7K	16K
Q1 24	$37.1K	16K
Q2 24	$36.9K	16K
Q3 24	$37.7K	16K
Q4 24	$40.0K	16K
Q1 25	$37.8K	16K
Q3 25	$38.2K	16K
Q4 25	$38.4K	16K
Q1 26	$38.8K	16K

Revenue / Employee