10-QPeriod: Q2 FY2026

CINTAS CORP Quarterly Report for Q2 Ended Nov 30, 2025

Filed January 7, 2026For Securities:CTAS

Summary

Cintas Corporation reported strong financial performance for the six months ended November 30, 2025, with total revenue increasing by 9.0% to $5.52 billion and net income rising by 9.5% to $986.5 million. This growth was driven by a 9.3% increase in revenue for the three months ended November 30, 2025, reaching $2.80 billion, and a 10.4% rise in net income to $495.3 million compared to the prior year period. Both the Uniform Rental and Facility Services and First Aid and Safety Services segments demonstrated robust revenue growth, indicating continued demand for Cintas' core offerings. The company also demonstrated effective cost management, with the cost of uniform rental and facility services improving as a percentage of revenue. Despite increased investments in selling resources, operating income saw a healthy increase of 10.4% for the quarter and 9.5% for the six-month period, leading to improved operating margins. Cintas also returned significant capital to shareholders through dividends and substantial share repurchases, underscoring its financial strength and commitment to shareholder value.

Financial Statements
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Key Highlights

  • 1Total revenue for the six months ended November 30, 2025, increased by 9.0% to $5.52 billion, driven by robust performance in both core segments.
  • 2Net income for the six months rose by 9.5% to $986.5 million, indicating strong profitability and operational efficiency.
  • 3The Uniform Rental and Facility Services segment, the largest revenue contributor, grew revenue by 8.2% for the six-month period and 8.3% for the quarter.
  • 4The First Aid and Safety Services segment also showed strong growth, with revenue up 14.4% for the six-month period and 14.3% for the quarter.
  • 5Operating income increased by 10.4% for the three months and 9.5% for the six months, demonstrating improved operational leverage and cost management.
  • 6Diluted earnings per share (EPS) increased by 11.0% for the three months to $1.21 and by 10.0% for the six months to $2.41.
  • 7Cintas actively returned capital to shareholders through $340.1 million in dividends paid and $901.7 million in share repurchases during the six-month period.

Frequently Asked Questions

Cintas experienced revenue growth driven by a combination of factors including new business acquisition, increased penetration of additional products and services into existing customer base, strategic price increases, and strong customer retention across both its Uniform Rental and Facility Services and First Aid and Safety Services segments. Acquisitions also contributed positively to overall revenue growth.

The company demonstrated effective cost management, particularly in the cost of uniform rental and facility services, which improved as a percentage of revenue due to efficient inventory usage, strategic sourcing, and operational efficiencies. While selling and administrative expenses increased, partly due to investments in sales resources, the overall operating income saw a healthy increase, suggesting effective cost control relative to revenue growth.

Cintas continues to prioritize returning capital to shareholders. During the six months ended November 30, 2025, the company paid $340.1 million in dividends and repurchased approximately $901.7 million of its common stock. Cintas has ongoing share buyback programs authorized by its board, indicating a continued commitment to enhancing shareholder value through capital returns.

Both the Uniform Rental and Facility Services segment and the First Aid and Safety Services segment showed strong growth in revenue and operating income. The company expressed confidence in continued demand for its services, suggesting a positive outlook for these core business areas, supported by ongoing investments in sales and service capabilities.