Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Unifirst Corp.UNF · shops
GradeBullAstrongest fifth of 258 graded peers; percentile 12.8, sampling error 2.9 points; lower is stronger
Rank34 of 258
ProfitabilityCpercentile 55.5
SolvencyApercentile 10.0
Growth and financingB/Cpercentile 38.7
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $2.8B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningslate filer · fortress balance sheetnot computable: dilution, distress
Inputs computable8 of 14
Graded fromfilings received through Oct 29, 2025345 days before the rescan; every figure keyed to the SEC receipt date
Last close$259.952026-10-08; market equity $0; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$200$300NovDecJanFebMarAprMayJunJulAugSepOctA$259.60
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ4
Nov 21, 2012A3.4Q4
Nov 21, 2013B/C43.1Q4
Dec 21, 2013C43.9Q4
Feb 21, 2014B/C43.0Q4
Mar 21, 2014C52.8Q4
Aug 21, 2014C/D57.6Q4
Nov 21, 2014A4.9Q4
Dec 21, 2016A/B16.8Q4
Feb 21, 2017A14.2Q4
Mar 21, 2017A/B16.7Q4
Aug 21, 2017A16.2Q4
Sep 21, 2017A/B16.9Q4
Nov 21, 2017A10.6Q4
Nov 21, 2018B25.1Q4
Nov 21, 2019A7.0Q4
Mar 21, 2021A/B17.7Q4
Apr 21, 2021B25.5Q4
Oct 21, 2021A/B23.0Q4
Nov 21, 2021B27.8Q4
Mar 21, 2022A/B17.0Q4
Apr 21, 2022A14.2Q4
Nov 21, 2022B32.1Q4
Nov 21, 2023C44.6Q4
Nov 21, 2024A6.9Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Oct 29, 2025; the document on sec.gov.

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.

Warnings [top]

Late filer. found 1 NT 10-K/Q filings in the last eight quarters
Fortress balance sheet. cash minus debt is 183,910,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 55.5
Gross profitability32.0%[1-2,5]42.6%65.12422025-08-30
Return on invested capitalnot computable10.9%
latest aligned inputs end 2014-08-30; latest annual assets end 2025-08-30
Accruals ratio(5.4%)[1,6-8](4.9%)47.62872025-08-30
Gross margin stability, five years1.4 pts[2,5,9-16]1.2 pts53.72192025-08-30
Solvency, sleeve percentile 10.0
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-05-30
Altman Z double-prime8.12[1,17-22]1.925.32082025-08-30
Net debt to EBITDAnot computable1.84x
latest aligned inputs end 2014-08-30; latest annual assets end 2025-08-30
Interest coveragenot computable2.26x
latest aligned inputs end 2016-08-27; latest annual assets end 2025-08-30
Current ratio3.18x[17-18]1.37x14.62952025-08-30
Growth and financing, sleeve percentile 38.7
Revenue growth, three-year compound6.7%[2,9,11,13]1.5%25.02692025-08-30
Free cash flow growth, three-year compoundnot computable5.6%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate10.0%[17-18,20,23-28]7.3%49.01522025-08-30
Asset growth, three years4.6%[1,8,29-30]3.4%42.12722025-08-30
Net share issuance, one yearnot computable(0.6%)
two annual share counts are required; found 0

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.339; sampling error 2.9 percentile points on 258 peers.

Among 258 Peers [top]

ABCDECOST, Costco Wholesale Corp.; A, percentile 4.7; market equity $420.1B; warnings: fortress balance sheetCOSTAMZN, Amazon COM Inc.; A/B, percentile 20.2; market equity $2.7T; warnings: fortress balance sheetAMZNHD, Home Depot, Inc.; B, percentile 32.3; market equity $294.8BHDTJX, TJX Companies Inc.; C, percentile 43.6; market equity $152.6BTJXWMT, Walmart Inc.; C, percentile 52.9; market equity $877.2BWMTMCD, Mcdonalds Corp.; D, percentile 63.4; market equity $167.6BMCDUNF 12.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
29Lovesac Co. (LOVE)

Lovesac Co. (LOVE)

Astrongest fifth; percentile 10.9

Nasdaq · Retail-Furniture Stores

market equity $210.4M; last close $14.60

Warnings: fortress balance sheet; 9 of 14 inputs

10.9Afortress balance sheet
30Dutch Bros Inc. (BROS)

Dutch Bros Inc. (BROS)

Astrongest fifth; percentile 11.3

NYSE · Retail-Eating & Drinking Places

market equity $6.1B; last close $39.77

Warnings: fortress balance sheet; 10 of 14 inputs

11.3Afortress balance sheet
31Watsco Inc. (WSO)

Watsco Inc. (WSO)

Astrongest fifth; percentile 11.9

NYSE · Wholesale-Hardware & Plumbing & Heating Equipment & Supplies

last close $282.28

Warnings: fortress balance sheet; 10 of 14 inputs

11.9Afortress balance sheet
32Watsco Inc. (WSO-B)

Watsco Inc. (WSO-B)

Astrongest fifth; percentile 11.9

NYSE · Wholesale-Hardware & Plumbing & Heating Equipment & Supplies

last close $312.75

Warnings: fortress balance sheet; 10 of 14 inputs

11.9Afortress balance sheet
33Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Astrongest fifth; percentile 12.5

Nasdaq · Retail-Variety Stores

market equity $5.2B; last close $86.75

Warnings: fortress balance sheet; 12 of 14 inputs

12.5Afortress balance sheet
34Unifirst Corp. (UNF)

Unifirst Corp. (UNF)

Astrongest fifth; percentile 12.8

NYSE · Services-Personal Services

last close $259.95

Warnings: late filer, fortress balance sheet; 8 of 14 inputs

12.8Alate filer, fortress balance sheet
35Richardson Electronics, Ltd. (RELL)

Richardson Electronics, Ltd. (RELL)

Astrongest fifth; percentile 13.2

Nasdaq · Wholesale-Electronic Parts & Equipment, NEC

last close $20.09

No active warnings; 8 of 14 inputs

13.2A
36Village Super Market Inc. (VLGEA)

Village Super Market Inc. (VLGEA)

Astrongest fifth; percentile 13.6

Nasdaq · Retail-Grocery Stores

last close $43.99

Warnings: fortress balance sheet; 10 of 14 inputs

13.6Afortress balance sheet
37Core & Main, Inc. (CNM)

Core & Main, Inc. (CNM)

Astrongest fifth; percentile 14.0

NYSE · Wholesale-Durable Goods, NEC

last close $40.38

No active warnings; 9 of 14 inputs

14.0A
38Amcon Distributing Co. (DIT)

Amcon Distributing Co. (DIT)

Astrongest fifth; percentile 14.4

NYSE · Wholesale-Groceries, General Line

market equity $62.0M; last close $59.17

No active warnings; 9 of 14 inputs

14.4A
39Signet Jewelers Ltd. (SIG)

Signet Jewelers Ltd. (SIG)

Astrongest fifth; percentile 14.8

NYSE · Retail-Jewelry Stores

market equity $4.1B; last close $105.81

No active warnings; 10 of 14 inputs

14.8A
Peer policyLetterPercentilePeers
all graded filers, equal sleevesA12.82204
sector peers, equal sleeves (the grade)A12.8258
same exchange, equal sleevesA6.1984
sector peers, equal inputsA16.0258

Each letter is one fifth of the 258 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month66.0%(0.1%)92hotter than 92 of 100 peers
Distance from 52-week high(13.8%)(24.1%)69closer to its high than 69 of 100 peers
EBIT to enterprise valuenot computable5.3%required accounting or market input is missing
Free cash flow yieldnot computable4.2%required accounting or market input is missing
Book value to pricenot computable0.36required accounting or market input is missing
Sales to pricenot computable1.75required accounting or market input is missing
Composite equity issuance, five yearsnot computable(16.7%)required accounting or market input is missing
Relative strength against the sector, log excess return0.530.0292ahead of 92 of 100 peers

Inputs: EBIT $184.5M; free cash flow $142.5M; book equity $2.2B; sales $2.4B; debt $7.9M; cash $163.2M[31].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-08-30
Return on assets above zero5.5%✓ pass[6,8]
Operating cash flow above zero$296.9M✓ pass[7]
Return on assets improved(0.2 pts)✗ fail[6,8,29,32]
Operating cash flow exceeds net income$148.6M✓ pass[6-7]
Long-term leverage felln/a[1,8,29]
Current ratio improved(7.0 pts)✗ fail[17-18,27-28]
No new shares issuedn/a
Gross margin improved1.7 pts✓ pass[2,5,9-10]
Asset turnover improved(4.2 pts)✗ fail[2,8-9,29]
Cash, filings, liquidity
Cash and equivalents$163.2M[33]
Operating cash flow, four quarters$239.7M[7,33-37]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years1
NT 10-K or NT 10-Q
Days since last periodic filing93
10-Q received Jul 8, 2026
Median daily dollar volume$56.9M
63 sessions
Days since newest grade input345

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$2.8B2025-08-302025-10-2910-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.4B2025-08-302025-10-2910-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$191.8M2014-08-302016-10-2610-Kfiling · viewer · series
4total debtus-gaap:LongTermDebt$7.9M2014-08-302014-10-2910-Kfiling · viewer · series
5cost of revenueus-gaap:CostOfRevenue$1.5B2025-08-302025-10-2910-Kfiling · viewer · series
6net incomeus-gaap:NetIncomeLoss$148.3M2025-08-302025-10-2910-Kfiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$296.9M2025-08-302025-10-2910-Kfiling · viewer · series
8assetsus-gaap:Assets$2.7B2024-08-312025-10-2910-Kfiling · viewer · series
9revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.4B2024-08-312025-10-2910-Kfiling · viewer · series
10cost of revenueus-gaap:CostOfRevenue$1.6B2024-08-312025-10-2910-Kfiling · viewer · series
11revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.2B2023-08-262025-10-2910-Kfiling · viewer · series
12cost of revenueus-gaap:CostOfRevenue$1.5B2023-08-262025-10-2910-Kfiling · viewer · series
13revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.0B2022-08-272024-11-1410-Kfiling · viewer · series
14cost of revenueus-gaap:CostOfRevenue$1.3B2022-08-272024-11-1410-Kfiling · viewer · series
15revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.8B2021-08-282023-10-2610-Kfiling · viewer · series
16cost of revenueus-gaap:CostOfRevenue$1.1B2021-08-282023-10-2610-Kfiling · viewer · series
17current assetsus-gaap:AssetsCurrent$924.6M2025-08-302025-10-2910-Kfiling · viewer · series
18current liabilitiesus-gaap:LiabilitiesCurrent$290.4M2025-08-302025-10-2910-Kfiling · viewer · series
19retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$2.1B2025-08-302025-10-2910-Kfiling · viewer · series
20operating incomeus-gaap:OperatingIncomeLoss$184.5M2025-08-302025-10-2910-Kfiling · viewer · series
21book equityus-gaap:StockholdersEquity$2.2B2025-08-302025-10-2910-Kfiling · viewer · series
22liabilitiesus-gaap:Liabilities$609.2M2025-08-302025-10-2910-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$154.3M2025-08-302025-10-2910-Kfiling · viewer · series
24depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$140.4M2025-08-302025-10-2910-Kfiling · viewer · series
25pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$195.4M2025-08-302025-10-2910-Kfiling · viewer · series
26income taxus-gaap:IncomeTaxExpenseBenefit$47.1M2025-08-302025-10-2910-Kfiling · viewer · series
27current assetsus-gaap:AssetsCurrent$915.7M2024-08-312025-10-2910-Kfiling · viewer · series
28current liabilitiesus-gaap:LiabilitiesCurrent$281.4M2024-08-312025-10-2910-Kfiling · viewer · series
29assetsus-gaap:Assets$2.6B2023-08-262024-11-1410-Kfiling · viewer · series
30assetsus-gaap:Assets$2.4B2022-08-272024-11-1410-Kfiling · viewer · series
31shares outstandingdei:EntityCommonStockSharesOutstanding19,868,6482011-07-012011-07-0710-Qfiling · viewer · series
32net incomeus-gaap:NetIncomeLoss$145.5M2024-08-312025-10-2910-Kfiling · viewer · series
33cashus-gaap:CashAndCashEquivalentsAtCarryingValue$163.2M2026-05-302026-07-0810-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$139.3M2026-05-302026-07-0810-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$88.5M2026-02-282026-04-0710-Q/Afiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$14.9M2025-11-292026-01-0710-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$196.5M2025-05-312026-07-0810-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 12.8 is 7.2 points from the nearest band edge; sampling error is 2.9 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.