Cintas Corporation Announces Fiscal 2025 Fourth Quarter and Full Year Results
Cintas Corporation, a leading provider of products and services that help businesses keep their facilities and employees clean, safe, and looking their best, has released its financial results for the fourth quarter and full fiscal year ending May 31, 2025. The company reported strong financial performance, highlighted by significant revenue growth and improved margins.
Financial Highlights
For the fourth quarter of fiscal 2025, Cintas reported revenue of $2.67 billion, an 8.0% increase compared to $2.47 billion in the same period last year. On a same workday basis, revenue growth was 9.6%. The company's gross margin increased by 9.1% to $1.33 billion, with a gross margin percentage of 49.7%, up from 49.2% in the previous year. Operating income rose by 9.1% to $597.5 million, and net income increased by 8.2% to $448.3 million. Diluted earnings per share (EPS) for the quarter were $1.09, reflecting a 9.0% increase from $1.00 in the prior year.
For the full fiscal year 2025, revenue grew by 7.7% to $10.34 billion, with an 8.6% increase on a same workday basis. The company's operating income for the year was $2.36 billion, a 14.1% increase from fiscal 2024. Net income for the year was $1.81 billion, up 15.3% from the previous year, and diluted EPS increased by 16.1% to $4.40.
Business and Operational Highlights
Cintas' revenue growth was driven by both its Uniform Rental and Facility Services segment, which saw a 6.8% increase, and its Other segment, which grew by 10.9%. The company also reported improvements in gross margins across these segments, with the Uniform Rental and Facility Services segment achieving a gross margin of 49.3% and the Other segment reaching 52.4% for the full year.
Strategic Initiatives and Corporate Developments
During fiscal 2025, Cintas made significant investments in its business, including $408.9 million in capital expenditures and $232.9 million in acquisitions. The company also returned capital to shareholders through $611.6 million in cash dividends and the repurchase of 3.8 million shares of common stock for $679.3 million. These actions reflect Cintas' commitment to strategic growth and shareholder value.
Management's Perspective
Todd M. Schneider, Cintas’ President and Chief Executive Officer, commented on the results, stating, “Our fourth quarter and full year results underscore the enduring strength of the Cintas value proposition. We achieved strong organic revenue growth and set all-time highs in gross margin and operating margin, driven by strategic investments in the business and the unwavering dedication of our employee-partners. By staying focused on operational excellence and making thoughtful investments, we continue to position Cintas for long-term success while returning capital to shareholders.”
Future Outlook
Looking ahead to fiscal 2026, Cintas expects revenue to be in the range of $11.00 billion to $11.15 billion, with diluted EPS projected to be between $4.71 and $4.85. The company anticipates maintaining the same number of workdays as fiscal 2025 and assumes no future acquisitions or significant economic disruptions.
SEC Filing: CINTAS CORP [ CTAS ] - 8-K - Jul. 17, 2025