UNF
UniFirst Corporation
UNF's fundamentals are mixed, but it looks expensive: trading at 40x earnings, above its usual 28x. Analysts expect earnings growth.
UNF Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Strong |
UNF's balance sheet is currently strong, and its revenue and profitability are stable, but its cash flow is under pressure.
UNF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 22x | $134 | -45% |
| Fair | 28x | $167 | -31% |
| Forward | 29x | $241 | — |
| Expensive | 34x | $205 | -15% |
| Current | 40x | $241 | — |
Historical ranges are pointers, not guarantees.
UNF's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 29x next year's earnings, in its fair range.
UNF Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for UNF, with profitability improving.
UNF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.45 | +40% |
| Q3 2026 | $6.02 | -25% |
| Q2 2026 | $6.34 | -22% |
| Q1 2026 | $7.38 | -8.2% |
| Q4 2025 | $7.56 | -3.3% |
| Q3 2025 | $7.98 | +2.7% |
| Q2 2025 | $8.14 | +19% |
| Q1 2025 | $8.04 | +31% |
| Q4 2024 | $7.82 | +31% |
UNF's earnings per share have fallen from their peak: $6.02 over the past year, against $9.86 in late 2019.
UNF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $645M | +5% |
| Q2 2026 | $634.4M | +3.9% |
| Q1 2026 | $622.5M | +3.4% |
| Q4 2025 | $621.3M | +2.7% |
| Q3 2025 | $614.4M | -4% |
| Q2 2025 | $610.8M | +1.2% |
| Q1 2025 | $602.2M | +1.9% |
| Q4 2024 | $604.9M | +1.9% |
UNF's revenue grew through 2024 and has held roughly level since: $645M last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.5% | -1.6 points |
| Q2 2026 | 3.6% | -4.3 points |
| Q1 2026 | 4.2% | -1 points |
| Q4 2025 | 7.3% | -1.9 points |
| Q3 2025 | 8.1% | -0.4 points |
| Q2 2025 | 7.9% | -0.1 points |
| Q1 2025 | 5.2% | +0.4 points |
| Q4 2024 | 9.2% | +0.2 points |
UNF's operating margin was 6.5% last quarter, down 1.6 points from the same quarter a year ago.
UNF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $38.4M | -31% |
| Q2 2026 | $21.2M | -13% |
| Q1 2026 | $35.2M | -6.5% |
| Q4 2025 | -$24M | -198% |
| Q3 2025 | $55.9M | -12% |
| Q2 2025 | $24.4M | -34% |
| Q1 2025 | $37.7M | +38% |
| Q4 2024 | $24.6M | +271% |
UNF still generates free cash flow, though less than at its 2024 peak: $71M over the past year.
UNF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -20K shares |
| 1 year | -2.1% | -385K shares |
| 3 years | -3% | -566K shares |
| 5 years | -4.4% | -842K shares |
| Available history | -4.8% | -927K shares |
UNF has 18M diluted shares, down 2.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $32.7M |
| Q3 2025 | $45.3M |
| Q2 2025 | $13.1M |
| Q1 2025 | $6.2M |
| Q4 2024 | $6.4M |
UNF spent $33M buying back its own shares over the past year, down 54% from the year before.
UNF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.7x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.4x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
UNF has more cash than debt.
UNF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.7 | Neutral |
| Stochastic | 16.9 | Oversold |
UNF's weekly RSI is 42 (neutral) and its Stochastic is 17 (oversold).
UNF PE vs Industrials Sector
| Metric | UNF | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 24x | 67% above |
| PE % | 96 | 58 | 38 pts above |
UNF is trading at 40x earnings, a 67% premium to the Industrials sector's median of 24x.
UNF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $256.0 | 5.7% below |
| 20 week MA | $271.6 | 11% below |
| 50 week MA | $250.8 | 3.7% below |
| 100 week MA | $216.5 | 12% above |
| 200 week MA | $195.9 | 23% above |
UNF has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 23% above its 200-week average.
UNF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $202.7 | $208.0 | +2.6% |
| 2021 | $208.0 | $203.2 | -2.3% |
| 2022 | $203.2 | $190.1 | -6.4% |
| 2023 | $190.1 | $182.9 | -3.8% |
| 2024 | $182.9 | $172.8 | -5.5% |
| 2025 | $172.8 | $197.6 | +14% |
| 2026 YTD | $197.6 | $241.5 | +22% |
UNF has finished lower in four of the last six years. It's up 22% so far in 2026.