Aug 2026 (Q1 FY27) — Sep 23, 2026
Cintas Q1 FY27 — Record Revenue and Strong EPS Growth Drive Upgraded Outlook
Read the full callCintas (CTAS) earnings
- Aug 2026
- Aug 2026 (Q1 FY27)
- May 2026
Cintas earnings: last reported Wed, 23 Sep 2026, for the quarter ended Aug 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,014 | +10.9% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 23.6 | +0.9 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 552 | +12.3% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
5 of 6 judged targets kept · 14 open · verdicts reflect calls analysed to May 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year capital expenditures (% of revenue) | 3.5% to 4% of revenue | Aug 2025 | CapEx for the year came in at that 3.5% of revenue right within the range that we've stated, 3.5% to 4%. | Achieved |
| Full-year effective tax rate | 20.0% | Aug 2025 | For the full year, effective tax rate was 20.2%. | Missed |
| Full-year adjusted diluted EPS | $5.36 to $5.50 | May 2026 | We expect fiscal 2027 adjusted diluted EPS, $25.36 and $5.50 which represents 8.5% to 11.3% growth. | New |
1 of CINTAS CORP's 20 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 17 more targets are in the full ledger.
Claimed
- Total revenue grew 10.9% to $3.01 billion, marking the first time reaching $3 billion in a quarter.
- Adjusted diluted EPS increased 15.8% to $1.39.
- Gross margin reached an all-time high of 51.5% of revenue.
- Operating income as a percentage of revenue reached an all-time high of 23.6%.
- Increased quarterly dividend by 15.6%, marking 43 consecutive years of increases.
Qualified
- UniFirst transaction-related expenses impacted diluted EPS by $0.03 and operating income by 50 basis points.
- Effective tax rate increased to 20.0% from 17.6% due to discrete items.
- One less workday in Q3 FY27 is expected to create a headwind for growth and margin.
Price
$212.3 −0.65% · −$1.39
Performance +12.9% 1Y
1Y: $188.1 on 17 Oct 2025 → $212.3. High $216.53 (29 Jul 2026), low $163.55 (13 May 2026).
- Previous close
- $213.69
- 52-week range
- $163.55 – $216.53
- One year
- +10.38%
Overview
- Symbol
- CTAS
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
5 of 6 judged targets kept · 14 open · verdicts reflect calls analysed to May 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year capital expenditures (% of revenue) | 3.5% to 4% of revenue | Aug 2025 | CapEx for the year came in at that 3.5% of revenue right within the range that we've stated, 3.5% to 4%. | Achieved |
| Full-year effective tax rate | 20.0% | Aug 2025 | For the full year, effective tax rate was 20.2%. | Missed |
| Full-year adjusted diluted EPS | $5.36 to $5.50 | May 2026 | We expect fiscal 2027 adjusted diluted EPS, $25.36 and $5.50 which represents 8.5% to 11.3% growth. | New |
Claimed
- Total revenue grew 10.9% to $3.01 billion, marking the first time reaching $3 billion in a quarter.
- Adjusted diluted EPS increased 15.8% to $1.39.
- Gross margin reached an all-time high of 51.5% of revenue.
- Operating income as a percentage of revenue reached an all-time high of 23.6%.
- Increased quarterly dividend by 15.6%, marking 43 consecutive years of increases.
Qualified
- UniFirst transaction-related expenses impacted diluted EPS by $0.03 and operating income by 50 basis points.
- Effective tax rate increased to 20.0% from 17.6% due to discrete items.
- One less workday in Q3 FY27 is expected to create a headwind for growth and margin.
The full ledger
Open CINTAS CORP’s full ledger
A free account opens 5 company ledgers a month. All 20 tracked commitments, with each call’s wording and source.
Call summaries
May 2026 (Q4 FY26) — Jul 15, 2026
Cintas Q4 FY26 — Robust Revenue Growth and Record Profitability
Read the full callFeb 2026 (Q3 FY26) — Mar 25, 2026
Cintas Q3 FY26 — Record $2.84B revenue, all-time-high segment gross margins, guidance raised
Read the full callNews
Latest news
From the news desk, item by item, hours after each call.
Every analysed call
Cintas earnings calls (CTAS)
Financials
What the filings say
Net profit, year on year: +12% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,562 | 2,609 | 2,668 | 2,718 | 2,800 | 2,841 | 2,905 | 3,014 |
| Operating profit | 591 | 610 | 597 | 618 | 656 | 660 | 673 | 712 |
| Operating margin | 23.1% | 23.4% | 22.4% | 22.7% | 23.4% | 23.2% | 23.2% | 23.6% |
| Interest | 27 | 25 | 24 | 24 | 28 | 28 | 26 | 25 |
| Profit before tax | 566 | 586 | 575 | 596 | 629 | 632 | 648 | 690 |
| Tax rate | 20.7% | 21.0% | 22.1% | 17.6% | 21.2% | 20.6% | 21.2% | 20.0% |
| Net profit | 448 | 463 | 448 | 491 | 495 | 502 | 511 | 552 |
| EPS ($ per share) | 1.11 | 1.14 | — | 1.21 | 1.23 | 1.25 | — | 1.37 |
| Line item | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 840 | 1,103 | 1,516 | 1,772 | 2,032 | 2,305 | 2,593 | 2,851 |
| Reserves | 6,691 | 7,297 | 7,877 | 8,719 | 9,597 | 10,618 | 11,798 | 13,074 |
| Total liabilities | 4,434 | 4,435 | 4,549 | 4,839 | 4,682 | 4,852 | 5,141 | 5,389 |
| Fixed assets | 1,431 | 1,403 | 1,318 | 1,324 | 1,396 | 1,534 | 1,652 | 1,741 |
| Total assets | 7,437 | 7,670 | 8,237 | 8,147 | 8,546 | 9,169 | 9,825 | 10,529 |
| Line item | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,068 | 1,291 | 1,361 | 1,538 | 1,586 | 2,069 | 2,166 | 2,276 |
| Cash from investing | -236 | -285 | -137 | -403 | -382 | -603 | -624 | -568 |
| Cash from financing | -873 | -955 | -880 | -1,538 | -1,167 | -1,248 | -1,619 | -1,682 |
| Net cash flow | -42 | 49 | 348 | -403 | 34 | 218 | -78 | 25 |
| Capital expenditure | -277 | -230 | -143 | -241 | -331 | -409 | -409 | -395 |
| Free cash flow | 791 | 1,061 | 1,217 | 1,297 | 1,255 | 1,659 | 1,757 | 1,881 |
CTAS revenue by segment
Uniform Rental and Facility Services shrank from 78% to 76% of revenue over the last two years.
| Segment | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Uniform Rental and Facility Services | 78% | 77% | 76% | 77% | 77% | 77% | 76% | 76% | +9.7% |
| First Aid and Safety Services | 12% | 12% | 12% | 12% | 12% | 12% | 13% | 13% | +16.1% |
| All Other Segments | 11% | 11% | 12% | 11% | 11% | 11% | 12% | 11% | +13.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
CTAS operating KPIs by quarter
| KPI | Feb 2025 Q3 FY25 | Aug 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|
| Customers | 1MWe service 1 million customers.Source: earnings call transcript | 1MWe really like how we're positioned it speaks to, again, the size of the market and that there is -- today, we have 1 million customers and 16 million to 20 million businesses.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
35 filings between Oct 29, 2025 and Aug 10, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$3.56M
3 sales by 2 insiders
Compensation
not trading decisions- 12
- Award — granted as compensation
- 5
- Option exercise — converted options into shares
- 9
- Tax withheld — shares kept back by the company to cover tax
Also filed: 4 gifts, 2 other filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Barstad Melanie W. | — | $1.86M | Jul 16, 2026 |
| TYSOE RONALD W | — | $1.71M | Jul 22, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 10, 2026 | Rozakis Jim President & COO | Tax withheld | 4,041 | $819.2K |
| Aug 10, 2026 | Denton David Brock EVP, Secretary & Gen Counsel | Award | 370 | $75.0K |
| Aug 10, 2026 | Denton David Brock EVP, Secretary & Gen Counsel | Tax withheld | 3,479 | $705.2K |
| Aug 10, 2026 | Garula Scott EVP & CFO | Award | 10,695 | $2.17M |
| Aug 10, 2026 | Garula Scott EVP & CFO | Tax withheld | 2,958 | $599.6K |
| Aug 10, 2026 | FARMER SCOTT D Executive Chairman | Award | 830 | $168.2K |
| Aug 10, 2026 | FARMER SCOTT D Executive Chairman | Tax withheld | 15,923 | $3.23M |
| Aug 10, 2026 | Schneider Todd M. CEO and Director | Award | 57,944 | $11.75M |
| Aug 10, 2026 | Schneider Todd M. CEO and Director | Tax withheld | 35,599 | $7.22M |
| Aug 10, 2026 | Denton David Brock EVP, Secretary & Gen Counsel | Award | 5,348 | $1.08M |
| Jul 22, 2026 | TYSOE RONALD W Director | Tax withheld | 685 | $136.9K |
| Jul 22, 2026 | TYSOE RONALD W Director | Sale | 4,363 | $872.2K |
| Jul 22, 2026 | TYSOE RONALD W Director | Option exercise | 5,048 | $136.8K |
| Jul 16, 2026 | Barstad Melanie W. Director | Option exercise | 10,548 | $285.9K |
| Jul 16, 2026 | Barstad Melanie W. Director | Tax withheld | 1,406 | $286.0K |
| Jul 16, 2026 | Barstad Melanie W. Director | Sale | 9,142 | $1.86M |
| Jul 1, 2026 | Garula Scott VP & CFO | Tax withheld | 249 | $42.3K |
| Apr 20, 2026 | TYSOE RONALD W Director | Option exercise | 5,500 | $149.1K |
| Apr 20, 2026 | TYSOE RONALD W Director | Tax withheld | 834 | $149.1K |
| Apr 20, 2026 | TYSOE RONALD W Director | Sale | 4,666 | $834.6K |
| Apr 9, 2026 | Coletti Robert E. Director | Option exercise | 1,996 | $53.6K |
| Apr 9, 2026 | Coletti Robert E. Director | Option exercise | 10,548 | $285.9K |
| Jan 28, 2026 | FARMER SCOTT D Executive Chairman | Gift | 10,400 | $0 |
| Jan 28, 2026 | Coletti Robert E. Director | Gift | 5,200 | $0 |
| Dec 23, 2025 | FARMER SCOTT D Executive Chairman | Other | 1,564,766 | $0 |
| Dec 23, 2025 | FARMER SCOTT D Executive Chairman | Gift | 29,000 | $0 |
| Dec 23, 2025 | Coletti Robert E. Assistant Secretary | Other | 545,732 | $0 |
| Dec 23, 2025 | Coletti Robert E. Assistant Secretary | Gift | 14,000 | $0 |
| Oct 29, 2025 | Barstad Melanie W. Director | Award | 503 | $0 |
| Oct 29, 2025 | Carmichael Beverly K Director | Award | 503 | $0 |
| Oct 29, 2025 | CARNAHAN KAREN L Director | Award | 503 | $0 |
| Oct 29, 2025 | Coletti Robert E. Assistant Secretary | Award | 503 | $0 |
| Oct 29, 2025 | SCAMINACE JOSEPH Director | Award | 503 | $0 |
| Oct 29, 2025 | MUCCI MARTIN Director | Award | 503 | $0 |
| Oct 29, 2025 | TYSOE RONALD W Director | Award | 503 | $0 |
| Aug 11, 2025 | Denton David Brock Sr VP, Secretary & Gen Counsel | Award | 4,569 | $1.02M |
| Aug 11, 2025 | Garula Scott VP & CFO | Award | 4,448 | $995.8K |
| Aug 11, 2025 | Schneider Todd M. CEO and Director | Award | 46,350 | $10.38M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Award | 6,852 | $1.53M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Option exercise | 16,900 | $1.64M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Tax withheld | 11,545 | $2.58M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Option exercise | 13,884 | $1.38M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Tax withheld | 9,563 | $2.14M |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Option exercise | 6,920 | $429.0K |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Tax withheld | 4,118 | $921.2K |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Option exercise | 8,272 | $607.1K |
| Aug 11, 2025 | Rozakis Jim Exec. Vice President & COO | Tax withheld | 5,158 | $1.15M |
| Aug 11, 2025 | FARMER SCOTT D Executive Chairman | Award | 976 | $218.5K |
| Jul 30, 2025 | TYSOE RONALD W Director | Sale | 5,084 | $1.14M |
| Jul 28, 2025 | Schneider Todd M. CEO and Director | Tax withheld | 18,947 | $4.19M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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