10-K · July 29, 2026
Cintas delivered broad-based fiscal 2026 growth, with revenue up 8.9%, diluted EPS up 11.6%, and gross and operating margins both higher. Uniform Rental remained the scale engine at 76.5% of revenue, while First Aid and…
Earnings analysis · 10-Q
CTAS earnings analysis
Filed October 7, 2026 · Our reading of the company's report
The latest report
Cintas reported a solid quarter based on the supplied earnings data, with $3.014 billion of revenue and $1.39 diluted EPS, ahead of consensus by approximately 1.1% and 2.2%, respectively. The provided 10-Q excerpt does…
Read full summary
Cintas reported a solid quarter based on the supplied earnings data, with $3.014 billion of revenue and $1.39 diluted EPS, ahead of consensus by approximately 1.1% and 2.2%, respectively. The provided 10-Q excerpt does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A, so current-period margins, free cash flow, working-capital trends, and management operating drivers cannot be assessed from the filing text supplied. Disclosure controls were effective as of August 31, 2026, and the filing reports no material change in interest-rate market risk from the May 31, 2026 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.39
What stood out
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Revenue and EPS beat consensus
Reported revenue was $3.014 billion and diluted EPS was $1.39 for the quarter, exceeding the supplied consensus estimates of $2.982 billion and $1.36 by approximately 1.1% and 2.2%, respectively.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of August 31, 2026, covering information required under the Exchange Act.
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Meaningful share repurchases
Cintas repurchased 1,179,929 shares under its announced plan during the quarter at an average price of $200.47 per share; $1,249.9 million remained available under the plan at August 31, 2026.
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Share count offset activity
The company acquired 1,574,885 shares in total during the quarter at an average price of $200.47 per share, including shares withheld for employee payroll taxes.
What to watch
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Interest-rate exposure remains
The filing states there was no material change in interest-rate market risk from the disclosures in the fiscal year ended May 31, 2026 Form 10-K; however, interest-rate exposure remains present in normal operations.
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Canadian-dollar currency risk
Cintas identifies foreign-currency exposure from Canadian operations, with the Canadian dollar described as the primary currency exposure. The filing does not quantify the potential impact.
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Ordinary-course litigation exposure
The company remains subject to ordinary-course personal injury, customer contract, environmental and employment claims. Management stated aggregate liability would not materially affect results, but the filing does not provide a quantified reserve or maximum exposure.
Management's outlook
The provided 10-Q excerpt contains no quantitative revenue or EPS outlook. The filing does not provide explicit numeric guidance; outlook was discussed separately in the earnings release/call.
Earlier filings 4
10-Q · April 7, 2026
Cintas reported Q3 revenue of $2,841,444 (in thousands), up 8.9% year-over-year and up ~1.5% sequentially. Gross margin improved to 51.0% and operating income rose to $659,904 (in thousands) (+8.2% YoY), while diluted…
10-Q · January 7, 2026
Cintas reported a strong quarter: revenue of $2,799,992,000 (up $238,209,000 or ~9.3% year-over-year), operating income of $655,714,000 (up $64,324,000 or ~10.9% YoY), and diluted EPS of $1.21 (up $0.12 or ~11% YoY).…
10-Q · January 8, 2025
Cintas reported a strong quarter: revenue rose to $2,561,783 (up $184,606 or +7.8% vs. Q2 prior year), operating income increased to $591,390 (up $91,707 or +18.3%) and diluted EPS was $1.09 (up $0.19 or +21.1% vs. Q2…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.