NASDAQ$CTAS

Cintas Corp · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Cintas reported strong revenue and earnings growth, excellent margin expansion, and strong cash generation in Q2 2025.

Cintas Corporation reported a 7.8% increase in revenue for the second quarter of fiscal year 2025, reaching $2.56 billion. Operating income increased by 18.4% to $591.4 million, and net income rose by 19.7% to $448.5 million. Diluted earnings per share (EPS) increased by 21.1% to $1.09. The company has updated its annual revenue and EPS guidance upwards.

  • Revenue for Q2 2025 increased by 7.8% to $2.56 billion compared to the previous year.
  • Organic revenue growth rate for Q2 2025 was 7.1%.
  • Operating income for Q2 2025 increased by 18.4% to $591.4 million.
  • Diluted earnings per share (EPS) for Q2 2025 was $1.09, a 21.1% increase.

Headline financials

Total Revenue

$2.56B

Previous: $2.38B+7.8%
EPS

$1.09

Previous: $0.90+21.1%
Gross Margin

49.8%

No prior period
Operating Margin

23.1%

No prior period
Net Income Margin

17.5%

No prior period
Capital Expenditures

-$194M

Previous: -$201M+3.1%
Free Cash Flow

$254M

Previous: $174M+46.0%
Net Income

$448M

Previous: $375M+19.7%
Operating Income

$591M

Previous: $500M+18.4%
Cash & Equivalents

$122M

Previous: $85.6M+43.1%
Total Assets

$9.37B

Previous: $8.81B+6.3%
Stock-Based Comp

$32.4M

Previous: $22.9M+41.3%

Revenue & EPS history

Cintas · Revenue · Quarterly

$2.56B

Q2 2025+7.8%vs Q2 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 updating its annual revenue expectations from a range of $10.220 billion to $10.320 billion to a range of $10.255 billion to $10.320 billion and updating its diluted EPS guidance from a range of $4.17 to $4.25 to a range of $4.28 to $4.34.

Tailwinds

  • Annual revenue expectations updated to a range of $10.255 billion to $10.320 billion.
  • Diluted EPS guidance updated to a range of $4.28 to $4.34.
  • Guidance does not assume any future acquisitions.
  • Guidance assumes a constant foreign currency exchange rate.
  • Guidance assumes no significant economic disruption or downturn.

Headwinds

  • Fiscal year 2025 interest, net is expected to be approximately $101.0 million compared to $95.0 million in fiscal year 2024, predominately as a result of higher variable rate debt.
  • Fiscal year 2025 effective tax rate is expected to be 20.2%.
  • Guidance includes no future share buybacks.
  • Guidance includes no significant economic disruptions.
  • Guidance includes no downturns.

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 2025

Historical avgQ2 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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