Cintas Corporation (CTAS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 621.47M | 531.22M | 414.48M | 635.75M | 622.02M | 441.4M | 466.73M | 693.04M | 657.11M | 392.69M | 336.94M | 553.62M | 425.04M | 320.99M | 298.16M | 550.57M | 393.27M | 331.64M | 262.14M | 455.93M |
| Operating CF Margin % | 21.87% | 18.97% | 15.25% | 23.83% | 23.84% | 17.23% | 18.66% | 28.05% | 27.31% | 16.52% | 14.38% | 24.23% | 19.41% | 14.76% | 13.76% | 26.54% | 20.06% | 17.25% | 13.82% | 24.84% |
| Operating CF Growth % | -0.09% | 20.35% | -11.2% | -8.27% | -5.34% | 12.41% | 38.52% | 25.18% | 54.6% | 22.33% | 13.01% | 0.55% | 8.08% | -3.21% | 13.74% | 20.76% | 18.51% | 27.23% | -16.06% | 27.73% |
| Net Income | 502.5M | 495.34M | 491.14M | 448.26M | 463.5M | 448.5M | 452.03M | 412.87M | 396.04M | 374.61M | 385.08M | 346.2M | 325.83M | 324.29M | 351.69M | 294.46M | 315.45M | 294.67M | 331.18M | 267.72M |
| Depreciation & Amortization | 128.67M | 127.5M | 125.94M | 121.89M | 127.05M | 130.04M | 115.2M | 114.93M | 111.41M | 109.23M | 106.81M | 105.08M | 102.83M | 101.21M | 100.05M | 102.38M | 100.68M | 98.69M | 97.95M | 98.13M |
| Stock-Based Compensation | 34.25M | 32.35M | 30.35M | 30.74M | 31.8M | 32.42M | 33.37M | 32.5M | 31.31M | 22.94M | 30.24M | 28.29M | 23.8M | 25.25M | 26.28M | 25.62M | 22.79M | 24.4M | 36.5M | 28.61M |
| Deferred Taxes | 12.29M | 12.15M | 13.5M | 1.48M | -11.04M | 1.87M | 1.89M | -7.55M | -14.26M | -5.74M | -1.37M | 1.23M | 3.44M | 3.74M | 14.83M | 9.46M | 12.71M | 7.05M | 22.89M | -5.98M |
| Other Non-Cash Items | 0 | 0 | 0 | 0 | -15.05M | -4.29M | 0 | 1.44M | 1.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30.15M | 49K | -12.18M | 4.95M |
| Working Capital Changes | -56.24M | -136.12M | -246.44M | 33.38M | 25.76M | -167.12M | -135.76M | 138.84M | 131.07M | -108.36M | -183.83M | 72.82M | -30.85M | -133.5M | -194.69M | 118.65M | -28.21M | -93.22M | -214.19M | 62.5M |
| Change in Receivables | -56.46M | -64.7M | -3.63M | -15.38M | -29.71M | -79.92M | -49.13M | 17.64M | 11.84M | -76.99M | -43.89M | -19.3M | 1.42M | -54.5M | -79.4M | -1.17M | -21.88M | -49.6M | -27.74M | 30.6M |
| Change in Inventory | -2.69M | 1.68M | -2.4M | -25.89M | -26.8M | 7.43M | 11.32M | 39.93M | 23.74M | 23.55M | 8.54M | 24.91M | -17.3M | -40.79M | -2.48M | 13.88M | -11.1M | -1.58M | 14.99M | 48.18M |
| Change in Payables | -23.57M | 41.86M | -22.5M | 71.17M | -7.49M | 23.59M | 56.7M | 31.13M | -9.21M | 2.54M | 12.44M | 20.52M | -28.57M | 19.74M | 41.68M | 16.53M | -5.23M | 37.67M | -26.27M | -7.72M |
| Cash from Investing | -101.07M | -192.85M | -116.23M | -149.27M | -125.37M | -234.67M | -114.33M | -105.35M | -221.08M | -112.36M | -169.84M | -120.06M | -97.19M | -84.83M | -86.59M | -86.32M | -164.72M | -67.27M | -84.32M | -48.55M |
| Capital Expenditures | -90.9M | -106.25M | -101.96M | -114.62M | -99.92M | -101.42M | -92.92M | -101.91M | -107.03M | -93.83M | -106.7M | -106.99M | -77.71M | -76.39M | -70.02M | -74.82M | -57.22M | -59.88M | -48.75M | -43.06M |
| CapEx % of Revenue | 3.2% | 3.79% | 3.75% | 4.3% | 3.83% | 3.96% | 3.71% | 4.12% | 4.45% | 3.95% | 4.56% | 4.68% | 3.55% | 3.51% | 3.23% | 3.61% | 2.92% | 3.12% | 2.57% | 2.35% |
| Acquisitions | -9.45M | -85.63M | -7.6M | -34.09M | -43.92M | -145.45M | -9.44M | -1.81M | -111.03M | -18.35M | -55.65M | -13.37M | -17.53M | -8.4M | -7.06M | -13.38M | -105.17M | -9.95M | -35.73M | -2.47M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.04M | -1M | -130K | -419K | 18.45M | 12.16M | -4.85M | 198.85M | -2.9M | -93.06M | -107.66M | -106.74M | -2.51M | -792K | -3.59M | 1.93M | -2.26M | -219K | 8.89M | -49.66M |
| Cash from Financing | -539.96M | -275.01M | -424M | -468.43M | -373.64M | -184.15M | -592.79M | -374.02M | -393.66M | -283.44M | -202.38M | -398.24M | -328.23M | -220.17M | -226.2M | -459.37M | -258.7M | -229.79M | -590.08M | -469.77M |
| Debt Issued (Net) | 229.49M | 550.75M | 0 | -53.08M | -181M | 15M | 166M | 0 | -210M | 206.55M | -10M | 12.2M | -186.25M | -71.95M | 196M | -57.5M | 392.21M | -159M | 76M | 0 |
| Equity Issued (Net) | -31.5M | -635.14M | -263.43M | -256.67M | -26.61M | -36.72M | -614.8M | -231.79M | -45.02M | -349.85M | -73.28M | -27.95M | -22.23M | -28.35M | -320.33M | -304.03M | -557.12M | 30.81M | -659.24M | -389.72M |
| Dividends Paid | -180.74M | -182.34M | -157.77M | -157.92M | -158.14M | -157.33M | -138.24M | -137.6M | -137.47M | -138.27M | -117.56M | -117.5M | -117.4M | -117.36M | -97.66M | -98.2M | -98.97M | -98.81M | -79.14M | -79.51M |
| Share Repurchases | -31.56M | -635.57M | -266.1M | -256.67M | -26.61M | -36.72M | -614.8M | -231.89M | -45.02M | -349.85M | -73.28M | -27.95M | -22.23M | -28.35M | -320.33M | -304.03M | -557.12M | -5.49M | -659.24M | -399.63M |
| Other Financing | -557.21M | -8.28M | -2.81M | -758K | -7.89M | -5.11M | -5.75M | -4.63M | -1.17M | -1.86M | -1.53M | -265M | -2.34M | -2.5M | -4.21M | 364K | 5.18M | -2.79M | 72.29M | -541K |
| Net Change in Cash | -17.64M | 62.7M | -125.83M | 20.55M | 121.03M | 21.02M | -240.64M | 213.53M | 42.93M | -2.57M | -36.02M | 35.59M | -1.24M | 15.24M | -15.91M | 6.33M | -29.03M | 33.42M | -413.89M | -59.97M |
| Free Cash Flow | 530.57M | 424.97M | 312.52M | 521.13M | 522.1M | 339.99M | 373.81M | 591.13M | 550.08M | 298.86M | 230.25M | 446.63M | 347.33M | 244.6M | 228.14M | 475.75M | 336.05M | 271.76M | 213.39M | 412.87M |
| FCF Margin % | 18.67% | 15.18% | 11.5% | 19.54% | 20.01% | 13.27% | 14.94% | 23.92% | 22.86% | 12.57% | 9.83% | 19.55% | 15.86% | 11.25% | 10.53% | 22.93% | 17.14% | 14.14% | 11.25% | 22.49% |
| FCF Growth % | 1.62% | 25% | -16.4% | -11.84% | -5.09% | 13.76% | 62.35% | 32.35% | 58.37% | 22.18% | 0.92% | -6.12% | 3.36% | -9.99% | 6.91% | 15.23% | 16.24% | 16.19% | -24.17% | 30.64% |
| FCF per Share | 1.30 | 1.05 | 0.76 | 1.27 | 1.27 | 0.83 | 0.91 | 1.43 | 1.33 | 0.72 | 0.56 | 1.08 | 0.84 | 0.59 | 0.55 | 1.14 | 0.80 | 0.64 | 0.50 | 0.96 |
| FCF Conversion (FCF/Net Income) | 1.24x | 1.07x | 0.84x | 1.42x | 1.34x | 0.98x | 1.03x | 1.67x | 1.65x | 1.05x | 0.87x | 1.60x | 1.30x | 0.99x | 0.85x | 1.87x | 1.25x | 1.13x | 0.79x | 1.70x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |