UniFirst Corporation, a corporation organized under the laws of the Commonwealth of Massachusetts in 1950, together with its subsidiaries, hereunder referred to as “we”, “our”, the “Company”, or “UniFirst”, is one of the leading providers in the supply and servicing of uniform and workwear programs, facility management and service products, as well as first aid and safety supplies and services in North America. We design, manufacture, personalize, rent, clean, deliver, and sell a wide range of uniforms and protective clothing. We also rent and sell industrial wiping products, floor mats, facility management and service products and other non-garment items, and provide restroom and cleaning supplies and first aid cabinet services and other safety supplies as well as certain safety training to a variety of manufacturers, retailers and service companies.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.4B | 2.4B | 2.4B | 2.2B | 2.0B | 1.8B |
| Net Income | 140M | 148M | 145M | 104M | 103M | 151M |
| EPS | $7.54 | $7.98 | $7.77 | $5.53 | $5.46 | $7.94 |
| Free Cash Flow | 94M | 143M | 135M | 44M | -22M | 79M |
| ROIC | 6.5% | 7.1% | 7.2% | 5.7% | 7.0% | 11.3% |
| Gross Margin | - | 36.6% | 34.9% | 33.7% | 34.7% | 37.5% |
| Debt/Equity | 0.00 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
| Dividends/Share | $1.71 | $1.33 | $1.25 | $1.18 | $1.10 | $0.95 |
| Operating Income | 174M | 184M | 184M | 134M | 134M | 196M |
| Operating Margin | 7.1% | 7.6% | 7.6% | 6.0% | 6.7% | 10.7% |
| ROE | 6.5% | 6.9% | 7.1% | 5.3% | 5.5% | 8.4% |
| Shares Outstanding | 15M | 19M | 19M | 19M | 19M | 19M |
UNIFIRST CORP passes 3 of 9 quality checks, indicating weak fundamentals.
UNIFIRST CORP trades at 34.5x trailing earnings, compared to its 15-year median P/E of 25.3x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 40.3x vs a median of 24.6x. The company's 5-year average ROIC is 7.6% with a gross margin of 35.5%. Total shareholder yield (dividends + buybacks) is 3.2%. At current prices, the estimated annualized return to fair value is -5.0%.
UNIFIRST CORP (UNF) has a current P/E ratio of 34.5, compared to its historical median P/E of 25.3. The stock is currently considered Expensive based on its historical valuation range.
UNIFIRST CORP (UNF) has a 5-year average return on invested capital (ROIC) of 7.6%. This is below average and may indicate limited pricing power.
UNIFIRST CORP (UNF) has a market capitalization of $3.8B. It is classified as a mid-cap stock.
Yes, UNIFIRST CORP (UNF) pays a dividend with a trailing twelve-month yield of 0.66%. The company also returns capital through share buybacks, with a buyback yield of 2.57%.
Based on historical P/E analysis, UNIFIRST CORP (UNF) appears expensive. The current P/E of 34.5 is 36% above its historical median of 25.3. The estimated fair value CAGR (P/E method) is -2.9%.
UNIFIRST CORP (UNF) operates in the Services-Personal Services industry, within the Consumer Cyclical sector.
UNIFIRST CORP (UNF) reported annual revenue of $2.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
UNIFIRST CORP (UNF) has a net profit margin of 6.1%. This is a modest margin.
UNIFIRST CORP (UNF) generated $143 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
UNIFIRST CORP (UNF) has a debt-to-equity ratio of 0.03. This indicates a conservatively financed balance sheet.
UNIFIRST CORP (UNF) reported earnings per share (EPS) of $7.98 in its most recent fiscal year.
UNIFIRST CORP (UNF) has a return on equity (ROE) of 6.9%. This indicates moderate shareholder returns.
UNIFIRST CORP (UNF) has a 5-year average gross margin of 35.5%. This indicates decent pricing power.
The Ledger Terminal provides 15 years of financial data for UNIFIRST CORP (UNF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
UNIFIRST CORP (UNF) has a book value per share of $116.73, based on its most recent annual SEC filing.