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Unifirst Corp (UNF) stock

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NYSE: UNF NYSE Diversified Support Services Next results ~January 6, 2027

C+ Fundamentals grade

Unifirst Corp is a US-listed company in the diversified support services industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$120

Cash-flow model

Base case. Range ~$93–$160 across our lower- and higher-growth cases (-1.1%–8.9% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 53% below it.

Price used: $257.77, November 3, 2026

Unifirst Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds155 adding, 163 cuttingOf 57 active managers that changed their stake, 27 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Unifirst files

10-K filed October 28: Unifirst

Model value +1.0%

Revenue for the twelve months to August 2026 reached $2.52bn, up 3.7% on a year earlier and ahead of the 1.4% growth a quarter earlier. Profitability moved the other way. Operating margin narrowed to 5.4% from 7.6%, while free-cash-flow margin fell to 2.8% from 5.9%. A 2.1% reduction in the diluted share count lifts the value of each remaining share. Our model value edges up to $110 from $109, set against a share price of $277. The rating stays Sell. At that price, the market is pricing in roughly 18.8% annual cash-flow growth over five years, well above the 6.7% annual revenue growth the company has actually delivered.

Source: 10-K filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Unifirst stands after its latest 10-Q

Revenue for the twelve months to May 2026 was $2.49bn, up 1.4% on a year earlier, faster than the 0.8% growth a quarter earlier. Free-cash-flow margin fell to 3.5% from 6.1% a year earlier. The diluted share count is down 2.2% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $109 a share, against a share price of $280. At that price, our model says the market is pricing in about 20.9% a year of cash-flow growth for five years, faster than the 6.4% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 6, 2027 (estimated)

Unifirst Corp's trailing-twelve-month revenue grew 3.7% year on year, with a free-cash-flow margin of 2.8%. Where it stands out: stock pay as % of revenue of 0.5% ranks 3 of 26 diversified support services companies we cover.

Our discounted-cash-flow model values the business at ~$120 per share in the base case (~$93–$160 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 50.3% while net income fell 26.2%: a 24pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 2.1% in a year, so each share owns more of the business.

Things to watch

  • Priced above our value. The share price of $258.51 is 54% above our value per share of $120.
  • Weak cash conversion. Free cash flow was 65% of net income over the last 12 months.
  • Heavily shorted. 10.7% of the shares available to trade are sold short (2.6 days of average volume to cover).

Latest results: FY2026 Q4

Filed October 28, 2026
Earnings per share
$2.61 against an average estimate of $2.04: beat by 28.0%
Revenue
$645m, up 5.0% on a year earlier
Share reaction
+4.6% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Next report
January 6, 2027; average EPS estimate $2.27

Unifirst's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.3%
  • 1 week+2.9%
  • 1 month+2.4%
  • This year+34.6%
  • 1 year+66.5%
  • 5 years+31.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.5B
Operating margin
5.4%
Net margin
4.3%
EPS (TTM, diluted)
$6.02

Growth

Revenue growth
+3.7%
Change in growth rate
+2.3 pts
Share count change
−2.1%

Cash

Free cash flow (TTM)
$70.8M
FCF margin
2.8%
Stock pay % of revenue
0.5%

Earnings

Last results
October 21, 2026
Next results (est.)
January 6, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Our research
  3. Announcement
  4. Announcement
  5. Results
  6. Announcement
  7. Announcement
  8. Announcement
  9. Leadership
  10. Product
  11. Leadership
  12. Announcement
  13. Announcement
  14. Announcement
  15. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Unifirst Corp valuation models and calculator

What the price is pricing in

The share price implies about 18.5% a year of cash-flow growth for five years.That is faster than the 6.7% a year revenue growth Unifirst has delivered.

  • Priced in18.5%
  • Last 12 months3.7%
  • 3 years a year4.2%
  • 5 years a year6.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($257.77, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$120
Price used
$257.77close November 3, 2026
Implied change
▼ 53%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Unifirst Corp's free cash flow after stock-based pay with after-tax interest added back ($108M, FY2026 Q4 TTM), growing 3.7% and 4% in the next two years (forecasts, guidance and its record), then back to 3.9% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$93–~$160 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Unifirst Corp's free cash flow after stock-based pay ( $108M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Unifirst Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$120 ~$93–$160 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$120 ~$110–$200 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$86 ~$56–$140 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$68 ~$57–$84 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$100 ~$68–$120 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Unifirst Corp with Diversified Support Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −22%
  • Revenue growth 5 points higher ▲ +29%
  • Free-cash-flow margin 1 point lower ▼ −31%
  • Last year's free-cash-flow margin change, if it persists ▼ −49%
  • Discount rate 1 point higher ▼ −13%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $96$126$167$220$290$380
8.5% $76$98$127$165$215$279
10% $64$81$103$133$170$219

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$121.37$131.43$173.84$187.31$189.23$220.82$177.77$169.98$186.84$176.39$281.51
Market value$2.4bn$2.7bn$3.5bn$3.6bn$3.6bn$4.2bn$3.4bn$3.2bn$3.5bn$3.3bn$5.1bn
+ Net debt (− = net cash)−$364m−$350m−$271m$0$0−$513m−$376m−$79m−$162m−$204m−$192m
Enterprise value$2.1bn$2.3bn$3.2bn$3.6bn$3.6bn$3.7bn$3.0bn$3.1bn$3.3bn$3.1bn$4.9bn
Multiples
Price / sales 1.7x1.7x2.0x2.0x2.0x2.3x1.7x1.4x1.4x1.3x2.0x
Price / earnings 19.6x38.0x21.2x20.1x26.5x27.8x32.5x30.8x24.0x22.1x46.8x
Price / free cash flow 22.4x24.3x29.6x22.2x21.2x53.4x—72.9x25.9x23.0x72.4x
EV / EBITDA 7.4x11.6x11.5x10.7x13.0x12.2x12.3x12.2x10.3x9.5x17.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

65 /100

Moderate moat

How hard Unifirst's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 16 / 20

    Cash operating profit has been a median 12.3% of total assets over 10 years.

  • Pricing power 13 / 20

    Gross margin has been a median 36.6%, moving by 1.3 percentage points (standard deviation) across 10 years.

  • Durability 11 / 20

    Operating margin has been a median 7.6%; its worst year was 5.4%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 5.7% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.4% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (70 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 6, 2027, before the open. Analysts expect revenue of $646m and EPS of $2.27 (range $2.22 to $2.36) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $8.39 +4% $2.6bn +4%
Next $9.33 +11% $2.7bn +4%

Next year's EPS estimate has moved +1.1% in 90 days, across 4 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $2.04 $2.61 +28.0%
May 2026 $1.91 $2.06 +8.1%
Feb 2026 $1.21 $1.25 +3.1%
Nov 2025 $2.06 $1.98 −4.0%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Unifirst Corp's revenue by +3.7% next year and +4.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+3.6%, weight 62%) and the company's own record (+3.9%, weight 38%) . How the weights are set.

Analyst recommendations

4 analysts, Oct 2026
Buy00%
Hold4100%
Sell00%

Monthly trend

  1. Oct 202644
  2. Sep 202655

Counts of recommendations published by analysts covering Unifirst Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.7%
of tradable shares
Days to cover
2.58
at average volume
Short interest, 1 month
+48%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
0.8%
of shares
Employees
15,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +68.5%

$153.41 on October 31, 2025 to $258.51

ThenNowEffect
Revenue (last 12 months) $2.4bn $2.5bn +3.7%
Net margin 6.1% 4.3% −28.8%
P/E multiple 19.2x 43.0x +123.5%
Share count 19m 18m +2.1%

Biggest factor: p/e multiple.

Last 3 years +55.9%

$165.82 on November 3, 2023 to $258.51

ThenNowEffect
Revenue (last 12 months) $2.2bn $2.5bn +13.0%
Net margin 4.6% 4.3% −6.5%
P/E multiple 30.0x 43.0x +43.2%
Share count 19m 18m +3.1%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
UNF−0%−8%−5%−6%+14%+35%
Industry peers (median)+4%−13%+11%+5%−10%−17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
UNF50%42%58%42%67%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
UNF−25%−26%−26%−17%−35%−17%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 41% from January 8, 2020 to March 18, 2020. Getting back needed a 69% gain, reached on January 6, 2021, 294 days after the low.

Price behaviour

52-week range
$149.10 – $300.79
From 52-week high
−14.1%
vs 50-day average
−2.9%
vs 200-day average
−0.7%
Volatility (1 year)
35%
Beta vs S&P 500
0.19

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.9%
After a week
3 up, 9 down
typical move ±4.4%
After a month
5 up, 6 down
typical move ±6.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 +4.6% −0.7% −5.8% —
July 1, 2026 +3.4% −0.3% +2.4% +10.8%
April 1, 2026 +1.8% +0.8% +2.3% +0.2%
January 7, 2026 −0.6% −0.3% −0.6% −0.9%
October 22, 2025 −10.1% +0.1% −10.3% −7.8%
October 17, 2025 +3.7% +1.6% −2.3% −4.4%
July 2, 2025 −8.1% +1.2% −8.5% −10.7%
April 2, 2025 −1.8% −4.3% −1.3% +2.6%
October 23, 2024 −0.4% −0.7% −3.0% +3.2%
June 26, 2024 +11.0% +0.3% +9.3% +23.8%
March 27, 2024 +3.8% +0.8% −1.9% −1.7%
January 3, 2024 −9.5% −1.1% −5.1% −3.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Unifirst Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look rich

Option prices imply clearly more movement than the shares have shown. That strengthens the case for selling options.

  • Implied is 1.78× the last 60 days’ realised volatility , richer than 100% of the 229 stocks we screen today.
  • Calls are priced 3 points richer than puts (25-delta): demand for upside is high, which favours selling calls over puts.
  • Why: implied is 1.78x 60-day realised, above 1-year realised, and in the top 20% of our coverage today.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

UNF Unifirst Corp Grade C+ $256.55

Own 100 shares, sell the $280 call expiring December 18, 2026 (46 days) for $10.00 a share — $1,000 per contract.

Previous session · Bid $10.00, ask $13.20, quoted Mon 2 Nov, 17:38 New York time with UNF at $256.55. Option prices move with the shares: check the live chain at your broker before trading.

  • If UNF ends below $280: you keep your shares and the $1,000 — 3.9% extra on the position, 30.9% a year at that pace.
  • If it ends above $280: your shares are sold at $280, a total return of 13.0% including the premium — at or above our value of ~$120.
$3.3k $0 −$4.9k Break-even $246.55 Price $256.55 ← Our value ~$120
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$1,000
Annualised
30.9%
Break-even
$246.55
Max gain
$3,345
Chance of selling
~37%

Collar

Own the shares, buy the $250 put and sell the $280 call, both expiring December 18, 2026 (46 days).

  • Net cost of $6.40 a share ($640 per contract of 100 shares).
  • Worst case at expiry: -5.0%, if the shares fall below $250 (-2.6% from today).
  • Best case at expiry: +6.6%, if the shares rise above $280 (+9.1%); gains beyond that go to the call buyer.

Offered because the shares trade at or above our fair value of $120: a way to hold on with a floor under the price, paid for by giving up upside the model does not expect. Strikes near 25-delta; the put at its ask and the call at its bid. Protection has a cost over time: research on protective puts finds they have usually lowered returns.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Unifirst Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Unifirst Corp
$2.2B $2.3B $2.4B $2.5B $2.6B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $2.3B Revenue (TTM), FY24 Q2: $2.3B Revenue (TTM), FY24 Q3: $2.4B Revenue (TTM), FY24 Q4: $2.4B Revenue (TTM), FY25 Q1: $2.4B Revenue (TTM), FY25 Q2: $2.5B Revenue (TTM), FY25 Q3: $2.5B Revenue (TTM), FY25 Q4: $2.4B Revenue (TTM), FY26 Q1: $2.4B Revenue (TTM), FY26 Q2: $2.5B Revenue (TTM), FY26 Q3: $2.5B Revenue (TTM), FY26 Q4: $2.5B $2.5B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $2.3B
FY24 Q2 $2.3B
FY24 Q3 $2.4B
FY24 Q4 $2.4B
FY25 Q1 $2.4B
FY25 Q2 $2.5B
FY25 Q3 $2.5B
FY25 Q4 $2.4B
FY26 Q1 $2.4B
FY26 Q2 $2.5B
FY26 Q3 $2.5B
FY26 Q4 $2.5B
Revenue growth, TTM YoY Unifirst Corp
0% 5% 10% 15% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 11.1% Revenue growth, TTM YoY, FY24 Q2: 10.4% Revenue growth, TTM YoY, FY24 Q3: 8.4% Revenue growth, TTM YoY, FY24 Q4: 8.7% Revenue growth, TTM YoY, FY25 Q1: 6.7% Revenue growth, TTM YoY, FY25 Q2: 5.0% Revenue growth, TTM YoY, FY25 Q3: 4.2% Revenue growth, TTM YoY, FY25 Q4: 0.2% Revenue growth, TTM YoY, FY26 Q1: 0.4% Revenue growth, TTM YoY, FY26 Q2: 0.8% Revenue growth, TTM YoY, FY26 Q3: 1.4% Revenue growth, TTM YoY, FY26 Q4: 3.7% 3.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 11.1%
FY24 Q2 10.4%
FY24 Q3 8.4%
FY24 Q4 8.7%
FY25 Q1 6.7%
FY25 Q2 5.0%
FY25 Q3 4.2%
FY25 Q4 0.2%
FY26 Q1 0.4%
FY26 Q2 0.8%
FY26 Q3 1.4%
FY26 Q4 3.7%
Operating margin (TTM) Unifirst Corp
5% 6% 7% 8% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 6.3% Operating margin (TTM), FY24 Q2: 6.5% Operating margin (TTM), FY24 Q3: 7.0% Operating margin (TTM), FY24 Q4: 7.6% Operating margin (TTM), FY25 Q1: 7.6% Operating margin (TTM), FY25 Q2: 7.7% Operating margin (TTM), FY25 Q3: 7.7% Operating margin (TTM), FY25 Q4: 7.6% Operating margin (TTM), FY26 Q1: 7.1% Operating margin (TTM), FY26 Q2: 6.8% Operating margin (TTM), FY26 Q3: 5.8% Operating margin (TTM), FY26 Q4: 5.4% 5.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 6.3%
FY24 Q2 6.5%
FY24 Q3 7.0%
FY24 Q4 7.6%
FY25 Q1 7.6%
FY25 Q2 7.7%
FY25 Q3 7.7%
FY25 Q4 7.6%
FY26 Q1 7.1%
FY26 Q2 6.8%
FY26 Q3 5.8%
FY26 Q4 5.4%
FCF margin (TTM) Unifirst Corp
2% 3% 4% 5% 6% 7% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 2.7% FCF margin (TTM), FY24 Q2: 3.8% FCF margin (TTM), FY24 Q3: 4.1% FCF margin (TTM), FY24 Q4: 5.6% FCF margin (TTM), FY25 Q1: 6.3% FCF margin (TTM), FY25 Q2: 6.7% FCF margin (TTM), FY25 Q3: 6.1% FCF margin (TTM), FY25 Q4: 5.9% FCF margin (TTM), FY26 Q1: 3.8% FCF margin (TTM), FY26 Q2: 3.7% FCF margin (TTM), FY26 Q3: 3.5% FCF margin (TTM), FY26 Q4: 2.8% 2.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 2.7%
FY24 Q2 3.8%
FY24 Q3 4.1%
FY24 Q4 5.6%
FY25 Q1 6.3%
FY25 Q2 6.7%
FY25 Q3 6.1%
FY25 Q4 5.9%
FY26 Q1 3.8%
FY26 Q2 3.7%
FY26 Q3 3.5%
FY26 Q4 2.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Unifirst took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.5B
  2. Cost of revenue $1.6B · 63.4%
  3. Gross profit $923M · 36.6%
  4. Selling, general and admin $645M · 25.6%
  5. Other operating costs $142M · 5.6%
  6. Operating income $136M · 5.4%
  7. Income tax $32.6M · 1.3%
  8. Net income $109M · 4.3%

Shares of revenue. Source: Unifirst's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Aug 2010 2011 Aug 2011 2012 Aug 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Aug 2016 2017 Aug 2017 2018 Aug 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Aug 2022 2023 Aug 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 1,026 1,134 1,256 1,356 1,395 1,457 1,468 1,591 1,696 1,809 1,804 1,826 2,001 2,233 2,427 2,432 2,523
Gross profit 405 422 458 519 537 572 568 597 640 670 639 685 694 752 848 890 923
EBITDA 192 189 218 256 265 277 283 199 279 335 277 302 243 255 325 325 278
Operating income 130 124 151 186 193 200 201 110 182 232 173 196 134 134 184 184 136
Net income 76 76 95 117 120 124 125 70 164 179 136 151 103 104 145 148 109
Diluted EPS $3.90 $3.85 $4.76 $5.81 $5.95 $6.15 $6.17 $3.44 $8.21 $9.33 $7.13 $7.94 $5.46 $5.53 $7.77 $7.98 $6.02
Growth (year on year)
Revenue +1.2% +10.5% +10.8% +7.9% +2.9% +4.4% +0.8% +8.4% +6.6% +6.7% −0.3% +1.2% +9.6% +11.6% +8.7% +0.2% +3.7%
EBITDA −0.0% −1.6% +15.3% +17.6% +3.6% +4.7% +1.9% −29.6% +40.1% +20.2% −17.3% +8.8% −19.4% +4.8% +27.5% −0.0% −14.4%
Operating income −2.8% −4.8% +21.9% +23.2% +3.8% +3.7% +0.4% −45.2% +65.4% +27.2% −25.6% +13.4% −31.4% −0.6% +37.4% +0.5% −26.3%
Net income +0.7% +0.1% +24.2% +22.8% +2.8% +3.6% +0.6% −43.9% +133.5% +9.3% −24.2% +11.3% −31.6% +0.3% +40.3% +1.9% −26.2%
Diluted EPS −0.5% −1.3% +23.6% +22.1% +2.4% +3.4% +0.3% −44.2% +138.7% +13.6% −23.6% +11.4% −31.2% +1.3% +40.5% +2.7% −24.6%
Margins
Gross margin 39.5% 37.2% 36.5% 38.3% 38.5% 39.3% 38.7% 37.5% 37.7% 37.0% 35.4% 37.5% 34.7% 33.7% 34.9% 36.6% 36.6%
EBITDA margin 18.7% 16.6% 17.3% 18.9% 19.0% 19.1% 19.3% 12.5% 16.4% 18.5% 15.4% 16.5% 12.2% 11.4% 13.4% 13.4% 11.0%
Operating margin 12.7% 10.9% 12.0% 13.7% 13.9% 13.8% 13.7% 6.9% 10.8% 12.8% 9.6% 10.7% 6.7% 6.0% 7.6% 7.6% 5.4%
Net margin 7.4% 6.7% 7.6% 8.6% 8.6% 8.5% 8.5% 4.4% 9.7% 9.9% 7.5% 8.3% 5.2% 4.6% 6.0% 6.1% 4.3%
Free-cash-flow margin 8.2% 2.0% 6.8% 8.0% 7.4% 8.6% 7.5% 6.9% 6.9% 9.0% 9.4% 4.3% −1.1% 2.0% 5.6% 5.9% 2.8%
Cash flow
Cash from operations 134 86 159 212 195 227 208 218 230 282 287 212 123 216 295 297 205
Capital spending 50 64 75 104 92 101 98 109 113 120 117 134 144 172 160 154 135
Free cash flow 84 22 85 108 103 126 109 110 117 162 170 79 −22 44 135 143 71
Stock-based pay 4 7 7 6 6 5 6 12 5 6 6 7 9 9 10 12 13
Free cash flow after stock pay 80 16 78 102 97 120 104 97 113 157 164 72 −31 35 125 130 58
Balance sheet
Cash 121 49 120 197 192 277 364 350 271 — — 513 376 79 162 204 192
Total debt 181 120 107 111 8 0 0 0 — 0 0 0 0 0 0 0 0
Net debt (negative = net cash) 60 71 −13 −86 −184 −277 −364 −350 −271 — — −513 −376 −79 −162 −204 −192
Diluted shares 19m 20m 20m 20m 20m 20m 20m 20m 20m 19m 19m 19m 19m 19m 19m 19m 18m
Returned to shareholders
Dividends 3 3 3 3 3 3 3 3 4 8 16 18 21 22 23 25 25
Buybacks — — — — — — 0 0 146 31 22 11 44 0 24 71 33
Total returned 3 3 3 3 3 3 3 3 150 39 37 29 65 22 47 96 58

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · August 29, 2026
What it owns · $2.9bn
Short-term assets $968mLonger-term assets $1.9bn
What it owes, and who funded it · $2.9bn
Short-term liabilities $308mLonger-term liabilities $333mShareholders' equity $2.2bn
  • Short-term assets cover short-term liabilities $968m of assets due within a year against $308m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $968m short-term assets against $333m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Unifirst Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$32.7M
Dividends (TTM)
$25.2M
Returned to shareholders
82%
of free cash flow
Buybacks, last 3 fiscal years
$127M
Diluted share count
−2.1%
year over year
Total shareholder yield
1.2%
dividends 0.5% + buybacks 0.7% of market value
Dividend payout ratio
23%
of net income paid out
Sales & admin spending
25.6%
of revenue

Competitors: side by side with peers

Closest by revenue in diversified support services
Last 12 months unless stated UNF CXW VSTS WSC GEO OPLN Median
Revenue, last 12 months $2.5bn $2.5bn $2.7bn $2.3bn $2.8bn $2.1bn $906m
Revenue growth, last 12 months 3.7% 24.3% −0.4% −2.5% 15.3% 11.8% 6.3%
Revenue growth, 3-year average 4.2% 10.2% — −0.3% 5.0% 8.4% 6.4%
Revenue growth, latest quarter 5.0% 27.3% −1.8% 3.9% 15.1% 15.1% 7.2%
Gross margin 36.6% — — 50.5% — — 29.0%
Operating margin 5.4% 5.9% 3.6% 6.5% 11.2% 11.5% 4.9%
Operating margin, 3-year average 6.8% 11.1% 4.3% 14.3% 12.1% 10.1% 9.9%
Net margin 4.3% 5.1% −0.2% −3.0% 10.3% 9.7% 2.7%
Cash from operations / revenue 8.1% 8.1% 7.1% 30.7% 7.0% 19.8% 7.1%
Free-cash-flow margin 2.8% 2.4% 5.1% 29.7% 0.9% 17.1% 3.7%
Free-cash-flow margin, 3-year average 4.7% 6.5% 7.4% 28.7% 4.9% 14.5% 7.4%
Stock pay / revenue 0.5% 1.1% 0.4% 1.6% 0.9% 1.3% 1.4%
Change in share count −2.1% −7.1% 0.6% −3.1% −2.3% −0.1% 0.1%

Median of all 32 companies we cover in diversified support services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 diversified support services companies
Measure Company Peer median Rank
Revenue growth Growth 3.7% 6.5% 23 of 32
Change in growth rate Growth +2.3pp +0.8pp 11 of 32
Gross margin Profitability 36.6% 26.4% 9 of 22
Operating margin Profitability 5.4% 4.5% 14 of 29
Net margin Profitability 4.3% 3.3% 13 of 32
Free-cash-flow margin Cash generation 2.8% 4.1% 19 of 31
Stock pay as % of revenue Cash generation 0.5% 1.4% 3 of 26
Change in share count Balance sheet -2.1% -0.1% 12 of 28

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to August 29, 2026
Segments
Line of business Revenue YoY
Uniforms and Facility Service Solutions $2.3B ▲ 3.5%
Uniform and Facility Service Solutions $2.3B ▲ 3.5%
First Aid and Safety Solutions $127M ▲ 10.9%
Other $100M ▲ 1.2%
All Other Segments $100M ▲ 1.2%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $2.3B 92.0% ▲ 3.4%
Outside the US $202M 8.0% ▲ 8.1%

From Unifirst Corp's 10-K filed October 28, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$3.9B
Institutions reporting
338
Shares held vs prior quarter
▼ 2.5%
Positions opened / closed
46 / 41

Top buyers and sellers, Q2 2026: 155 institutions bought and 163 sold ; the biggest buyer was Citadel Advisors LLC (+191K shares) and the biggest seller River Road Asset Management, LLC (−452K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $580M 2.2M 14.9% ▲ 2.6%
Vanguard Portfolio Management LLC $220M 832K 5.7% ▲ 1.4%
London Co Of Virginia $196M 740K 5.0% ▼ 4.5%
Dimensional Fund Advisors LP $193M 729K 5.0% ▼ 2.1%
Vanguard Capital Management LLC $173M 654K 4.4% ▲ 0.5%
State Street Corp $154M 584K 4.0% ▲ 2.9%
Millennium Management LLC $135M 510K 3.5% ▼ 3.7%
Geode Capital Management, LLC $99.6M 376K 2.6% ▲ 5.5%
Kayne Anderson Rudnick Investment Management LLC $91.4M 346K 2.4% ▼ 9.0%
Morgan Stanley $80.2M 303K 2.1% ▲ 74.7%
Westchester Capital Management, LLC $76M 287K 2.0% ▲ 11.1%
Jpmorgan Chase & Co $73.8M 279K 1.9% ▲ 64.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Unifirst Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $576,313 4 trades by 2 insiders · 100% under pre-set plans
Net ▼ $576,313 net selling
Insider Date Trade Shares Price Value
Katz David Martin Executive VP, Sales/Marketing February 17, 2026 Sell pre-set plan 1,464 $237.54 $347,759
Ross William Masters Executive Vice President February 9, 2026 Sell pre-set plan 1,128 $201.38 $227,157
Katz David Martin Executive VP, Sales/Marketing November 3, 2025 Sell pre-set plan 8 $155.11 $1,241
Katz David Martin Executive VP, Sales/Marketing November 3, 2025 Sell pre-set plan 1 $156.50 $156

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Unifirst Corp disclosed in the last 12 months; 2 earlier trades on record.

  • Greg Gianforte(MT):Sale (partial), $50,001 - $100,000, traded March 31, 2020, filed April 14, 2020
  • Greg Gianforte(MT):Sale (partial), $1,001 - $15,000, traded January 23, 2019, filed March 6, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 6, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 1, 2026
  • April 1, 2026
  • January 7, 2026
  • October 22, 2025
  • October 17, 2025

Recent SEC filings

Data status

When each part of this page on Unifirst Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Unifirst Corp in brief

What does Unifirst Corp do?
Unifirst Corp is a US-listed company in the diversified support services industry. Its financial year ends in August.
What is Unifirst Corp's stock ticker?
Unifirst Corp trades under the ticker UNF on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Unifirst Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Unifirst Corp reported revenue of $2.5B, 3.7% higher than a year earlier, according to its SEC filings.
What is Unifirst Corp's free cash flow?
Unifirst Corp's free-cash-flow margin is 2.8% of revenue over the trailing twelve months, ranking 19 of the 31 diversified support services companies we cover.
What is Unifirst Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Unifirst Corp's free cash flow after stock-based pay gives ~$120 per share in the base case, and ~$93–$160 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Unifirst Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and London Co Of Virginia. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Unifirst Corp buying back stock, and does it pay a dividend?
Unifirst Corp spent $32.7M on share repurchases over the trailing twelve months, and its diluted share count fell 2.1% over the year.
What is Unifirst Corp's market cap?
On August 28, 2026, Unifirst Corp's market capitalisation was about $5.1B, with a price-to-earnings ratio of 46.8 and net debt of -$192M. Market figures come from third-party market data and may be delayed.
Does Unifirst Corp pay a dividend?
Yes: Unifirst Corp paid $25.2M in dividends over the trailing twelve months, a dividend yield of 0.53% and a payout ratio of 23.0%.
Who are Unifirst Corp's competitors?
In our Diversified Support Services peer group, the companies closest to Unifirst Corp are Corecivic, Inc., Vestis Corp, Willscot Holdings Corp, GEO Group Inc and Openlane, Inc. The side-by-side comparison below sets their revenue, margins and growth against Unifirst Corp's.
Are insiders buying or selling Unifirst Corp stock?
Over the last 12 months, Unifirst Corp's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Unifirst Corp's next earnings date?
Around January 6, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Unifirst Corp announces its own schedule.