Unifirst CorpUnifirst Corp
Unifirst Corp

Unifirst Corp

UNF
Industrials·Commercial Services & Supplies

UniFirst Corp. engages in the provision of workplace uniforms and protective work wear clothing. It operates through following segments: the United States and Canadian Rental and Cleaning, Manufacturing (MFG), Specialty Garments, First Aid, and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers, and sells uniforms, protective clothing, and non-garment items. The MFG segment designs and manufactures uniforms and non-garment items. The Specialty Garments segment is involved in nuclear and cleanroom applications and provides cleanroom cleaning services. The First Aid segment focuses on first aid cabinet services and other safety supplies. The Corporate segment includes distribution, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, and other general and administrative costs and interest expense. The company was founded by Aldo Croatti in 1936 and is headquartered in Wilmington, MA.

Massachusetts; U.S.A
Market cap
No dataNo data
Revenue
$2.4B+0.2% YoY
Net income
$148.3M+1.9% YoY
Free cash flow
$142.5M+5.7% YoY

Market

Listed stock
UNFPriceNYSE
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Financial performance

Revenue
$2.4B+0.2% YoY
Operating income
$184.5M+0.5% YoY
Net income
$148.3M+1.9% YoY
Free cash flow
$142.5M+5.7% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $1.8B, 2022 $2B, 2023 $2.2B, 2024 $2.4B, 2025 $2.4B. Operating income: 2021 $195.8M, 2022 $134.4M, 2023 $133.6M, 2024 $183.6M, 2025 $184.5M. Net income: 2021 $151.1M, 2022 $103.4M, 2023 $103.7M, 2024 $145.5M, 2025 $148.3M. Free cash flow: 2021 $78.7M, 2022 $-21.7M, 2023 $43.8M, 2024 $134.9M, 2025 $142.5M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
0.2%−850 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-08-28 $195.8M, 2022-08-27 $134.4M, 2023-08-26 $133.6M, 2024-08-31 $183.6M, 2025-08-30 $184.5M. Net income: 2021-08-28 $151.1M, 2022-08-27 $103.4M, 2023-08-26 $103.7M, 2024-08-31 $145.5M, 2025-08-30 $148.3M. Free cash flow: 2021-08-28 $78.7M, 2022-08-27 $-21.7M, 2023-08-26 $43.8M, 2024-08-31 $134.9M, 2025-08-30 $142.5M

Growth heatmap

2022202320242025CAGR
Revenue
+9.6%
+11.6%
+8.7%
+0.2%
+7.4%
Gross profit
+1.4%
+8.3%
+12.7%
+5.0%
+6.8%
Operating income
-31.4%
-0.6%
+37.4%
+0.5%
-1.5%
Free cash flow
-127.5%
+302.0%
+208.1%
+5.7%
+16.0%

Earnings quality

Operating cash flow
$296.9M+0.5% YoY
Net income
$148.3M+1.9% YoY
Free cash flow
$142.5M+5.7% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-08-30 200%, 2024-08-31 203%, 2023-08-26 208%, 2022-08-27 119%, 2021-08-28 140%. Free cash flow: 2025-08-30 96%, 2024-08-31 93%, 2023-08-26 42%, 2022-08-27 -21%, 2021-08-28 52%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
Latest
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Diluted shares
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
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Return on assets
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Return on invested capital
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Asset turnover
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Return on capital

No data

Valuation

Price to earnings
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Price to sales
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EV / EBITDA
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Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
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EV / EBITDA
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Free cash flow yield
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