NASDAQ$CTAS

Cintas Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported revenue of $1.76 billion and EPS of $2.62.

Cintas Corporation reported its fiscal 2021 second quarter results, with revenue reaching $1.76 billion and earnings per diluted share from continuing operations (EPS) at $2.62, a 15.4% increase from the previous year. The company's performance reflects its commitment to delivering shareholder value amidst the ongoing COVID-19 pandemic.

  • Revenue for the second quarter of fiscal 2021 was $1.76 billion, a decrease compared to $1.84 billion in the second quarter of fiscal 2020.
  • Earnings per diluted share (EPS) increased by 15.4% to $2.62 compared to $2.27 in the prior year.
  • Organic revenue declined by 4.4% year-over-year, with Uniform Rental and Facility Services decreasing by 3.6% and First Aid and Safety Services increasing by 14.5%.
  • Operating income increased by 5.5% to $352.9 million, representing 20.1% of revenue, up from 18.1% in the previous year.

Headline financials

Total Revenue

$1.76B

Previous: $1.84B-4.7%
EPS (adj)

$0.66

Previous: $0.57+15.8%
Operating Margin

20.1%

Previous: 18.1%+11.0%
Capital Expenditures

-$57.7M

Previous: -$126M+54.3%
Free Cash Flow

$227M

Previous: $120M+89.4%
Net Income

$285M

Previous: $246M+15.7%
Operating Income

$353M

Previous: $334M+5.5%
Gross Profit

$820M

Previous: $1.84B-55.5%
Cash & Equivalents

$703M

Previous: $227M+210.4%
Total Assets

$8.45B

Previous: $7.89B+7.2%
Stock-Based Comp

$28.5M

Previous: $29M-1.6%

Revenue & EPS history

Cintas · Revenue · Quarterly

$1.76B

Q2 2021-4.7%vs Q2 2020
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Cintas · $1.76B total across 3 segments · Q2 2021

  • Uniform Rental
    $1.41B
  • First Aid & Safety
    $194M
  • All Other
    $152M

Forward guidance

Cintas is not providing third quarter guidance due to increasing uncertainty regarding the next 90 days.

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 Q2 2021

Historical avgQ2 2021

+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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