CTAS vs ROL: Correlation
Cintas (CTAS) and Rollins, Inc. (ROL) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTAS and ROL?
Across a 3-year window, the weekly returns of CTAS and ROL correlate at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.43 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 230.1 %².
By 3-year correlation, ROL places #24 of the 38 assets tracked against CTAS. Correlation aside, the last 12 months split them widely, with CTAS ahead by 32.4 points (-3.3% versus -35.7%). Across three years, the rolling one-year figure varied moderately, from 0.31 to 0.74.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CTAS vs ROL: side by side
| CTAS (Cintas) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | -3.3% | -35.7% |
| 5-year return | +117.4% | -1.8% |
| Volatility (ann.) | 23.2% | 23.2% |
| Beta vs S&P 500 | 0.71 | 0.51 |
| Max drawdown (3Y) | -27.7% | -44.6% |
| Market cap | $81.7B | $17.3B |
| P/E (trailing) | 41.8 | 32.7 |
| Dividend yield | 0.87% | 1.94% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | CTAS | ROL |
|---|---|---|
| 2022 | +3.0% | +8.1% |
| 2023 | +34.8% | +21.2% |
| 2024 | +22.2% | +7.6% |
| 2025 | +3.8% | +31.1% |
| 2026 | +9.4% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTAS and ROL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CTAS and ROL?
The CTAS/ROL correlation stands at 0.43 on a 3-year window (1 year: 0.31, 5 years: 0.47), computed from weekly returns as of 2026-08-27.
Is ROL a good diversifier for CTAS?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ctas-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctas-vs-rol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTAS correlations · ROL correlations
