Summary
Cintas Corporation reported strong financial results for the nine months ended February 28, 2026, demonstrating robust revenue growth and increased profitability. Total revenue reached $8.4 billion, a 9.0% increase year-over-year, driven by broad-based growth across its Uniform Rental and Facility Services, and First Aid and Safety Services segments. The company's core Uniform Rental and Facility Services segment experienced 8.0% revenue growth, while the First Aid and Safety Services segment saw a substantial 14.5% increase. This top-line growth translated into improved operational efficiency, with gross margins expanding in both major segments and selling, general, and administrative expenses growing at a slightly slower pace than revenue, leading to an overall operating income increase of 9.8% for the nine months. Net income for the period rose by 9.2% to $1.49 billion, resulting in a diluted earnings per share of $3.65, up 10.3% compared to the prior year. The company also maintained a strong cash flow from operations, which, combined with available credit facilities, provides ample liquidity. Cintas continues to execute its capital allocation strategy, with significant investment in share repurchases and dividend payments. A major development announced during the quarter is the agreement to acquire UniFirst Corporation for approximately $5.5 billion, a strategic move expected to further enhance Cintas' market position and deliver long-term shareholder value, subject to regulatory and shareholder approvals.
Financial Highlights
49 data points| Revenue | $2.84B |
| Cost of Revenue | $1.39B |
| Gross Profit | $1.45B |
| SG&A Expenses | $788.55M |
| Operating Income | $659.90M |
| Net Income | $502.50M |
| EPS (Basic) | $1.25 |
| EPS (Diluted) | $1.24 |
| Shares Outstanding (Basic) | 400.04M |
| Shares Outstanding (Diluted) | 404.72M |
Key Highlights
- 1Total revenue for the nine months ended February 28, 2026, increased by 9.0% to $8.4 billion, demonstrating strong top-line growth.
- 2Net income for the nine months rose by 9.2% to $1.49 billion, translating to a 10.3% increase in diluted earnings per share to $3.65.
- 3The Uniform Rental and Facility Services segment reported an 8.0% revenue increase, while the First Aid and Safety Services segment saw a significant 14.5% revenue jump.
- 4Operating income for the nine months increased by 9.8%, reflecting improved operational efficiencies and margin expansion.
- 5Cintas generated $1.57 billion in cash flow from operating activities for the nine months ended February 28, 2026.
- 6The company announced a significant agreement to acquire UniFirst Corporation for approximately $5.5 billion, subject to customary closing conditions.
- 7Shareholder returns remain a focus, with substantial amounts allocated to dividends paid and share repurchases during the period.