NASDAQ$CTAS

Cintas Corp · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Cintas reported strong Q1 2025 results driven by revenue and earnings growth, continued margin expansion, and strong cash generation.

Cintas Corporation announced its fiscal 2025 first quarter results, with revenue reaching $2.50 billion, a 6.8% increase compared to the previous year. The company reported a net income of $452.0 million and diluted earnings per share of $1.10, marking increases of 17.4% and 18.3%, respectively. Cintas also raised its full fiscal year financial guidance, reflecting continued business momentum and strong execution.

  • Revenue increased by 6.8% to $2.50 billion compared to the first quarter of fiscal 2024.
  • Diluted earnings per share (EPS) rose by 18.3% to $1.10.
  • Operating income increased by 12.1% to $561.0 million.
  • Cintas raised its full fiscal year revenue and diluted EPS guidance.

Headline financials

Total Revenue

$2.5B

Previous: $2.34B+6.8%
EPS

$1.10

Previous: $0.93+18.3%
Gross Margin

50.1%

No prior period
Operating Margin

22.4%

No prior period
Net Income Margin

18.1%

No prior period
Capital Expenditures

-$92.9M

Previous: -$107M+12.9%
Free Cash Flow

$359M

Previous: $278M+29.0%
Net Income

$452M

Previous: $385M+17.4%
Operating Income

$561M

Previous: $501M+12.1%
Cash & Equivalents

$101M

Previous: $88.1M+15.0%
Total Assets

$9.07B

Previous: $8.72B+4.0%
Stock-Based Comp

$33.4M

Previous: $30.2M+10.3%

Revenue & EPS history

Cintas · Revenue · Quarterly

$2.5B

Q1 2025+6.8%vs Q1 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Cintas · $2.38B total across 3 segments · Q2 2024

  • Uniform Rental
    $1.85B+8.2%
  • First Aid & Safety
    $266M+12.9%
  • All Other
    $260M+13.7%

Forward guidance

Cintas is increasing its full fiscal year financial guidance. The company is raising its annual revenue expectations from a range of $10.16 billion to $10.31 billion to a range of $10.22 billion to $10.32 billion and increasing its diluted EPS guidance from a range of $4.06 to $4.19 to a range of $4.17 to $4.25.

Tailwinds

  • Revenue expectations raised to a range of $10.22 billion to $10.32 billion.
  • Diluted EPS guidance increased to a range of $4.17 to $4.25.
  • Guidance reflects continued momentum across the business.
  • Guidance reflects dedication of employee-partners in helping customers.
  • The raised fiscal 2025 outlook reflects the continued momentum we see across the business

Headwinds

  • Guidance does not assume any future acquisitions.
  • Guidance assumes a constant foreign currency exchange rate.
  • Fiscal year 2025 interest, net is expected to be approximately $101.0 million compared to $95.0 million in fiscal year 2024.
  • Fiscal year 2025 effective tax rate is expected to be 20.4%, the same compared to fiscal year 2024.
  • Diluted EPS guidance includes no future share buybacks or significant economic disruptions or downturn.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+3.6%

Avg return

30 days after

54%

37 / 68 earnings

Positive

+9.8%

Q4 2017

Best reaction

-8.5%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.5%+1.2%
Q2 2026+0.7%+1.8%+4.3%
Q1 2026-0.3%+1.7%-4.9%
Q4 2025-1.7%+2.3%+2.1%
Q3 2025+5.8%+6.2%+7.7%
Q2 2025-8.5%-7.8%-3.0%
Q1 2025+1.1%+0.5%+1.2%
Q4 2024+5.4%+5.0%+6.3%
Q3 2024+8.5%+7.4%+5.2%
Q2 2024+7.5%+8.8%+8.2%
Q1 2024-4.8%-4.8%-1.4%
Q4 2023+0.7%+2.2%-0.6%
Q3 2023+5.4%+3.9%+2.7%
Q2 2023+1.9%+3.0%-1.7%
Q1 2023+1.6%+4.5%+11.5%
Q4 2022+2.8%+2.4%+15.0%
Q3 2022+4.4%+7.7%+3.8%
Q2 2022-0.4%+1.2%-13.1%
Q1 2022-1.4%+0.0%+12.2%
Q4 2021+1.9%+2.7%+2.8%
Q3 2021-3.1%-3.3%+0.7%
Q2 2021-1.9%-2.2%-4.2%
Q1 2021-1.7%+3.7%+4.3%
Q4 2020+4.6%+1.5%+10.7%
Q3 2020-1.6%-2.3%+14.7%
Q2 2020+2.0%+4.1%+9.9%
Q1 2020+4.7%+4.5%+6.9%
Q4 2019+7.0%+6.0%+6.9%
Q3 2019-5.2%-2.8%+4.1%
Q2 2019-3.1%-5.5%+12.0%
Q1 2019-4.7%-6.3%-17.7%
Q4 2018+5.7%+7.5%+10.5%
Q3 2018-3.1%-2.1%-0.1%
Q2 2018-1.4%-2.2%+3.1%
Q1 2018+5.2%+5.4%+10.7%
Q4 2017+9.8%+8.9%+5.2%
Q3 2017+1.7%+1.1%-0.5%
Q2 2017-2.6%-2.5%-4.7%
Q1 2017+2.6%-0.5%-6.6%
Q4 2016+9.4%+10.5%+16.6%
Q3 2016-4.3%
Q2 2016+2.9%
Q1 2016+2.1%
Q4 2015-0.6%
Q3 2015-1.5%
Q2 2015+8.8%
Q1 2015+6.5%
Q4 2014+2.0%
Q3 2014+0.6%
Q2 2014+5.4%
Q1 2014-0.1%
Q4 2013-1.9%
Q3 2013-3.5%
Q2 2013-1.9%
Q1 2013-1.5%
Q4 2012-4.7%
Q3 2012-3.1%
Q2 2012+1.9%
Q1 2012+1.5%
Q4 2009-1.7%
Q4 2011-1.7%
Q3 2011-2.1%
Q3 2010-2.1%
Q2 2011+0.3%
Q2 2010+0.3%
Q1 2011+0.6%
Q4 2010+0.6%
Q1 2010+0.6%

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