Cintas Corporation (CTAS) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 2.84B | 2.8B | 2.72B | 2.67B | 2.61B | 2.56B | 2.5B | 2.47B | 2.41B | 2.38B | 2.34B | 2.28B | 2.19B | 2.17B | 2.17B | 2.07B | 1.96B | 1.92B | 1.9B | 1.84B |
| Revenue Growth % | 8.9% | 9.3% | 8.66% | 7.96% | 8.44% | 7.77% | 6.8% | 8.16% | 9.87% | 9.3% | 8.12% | 10.11% | 11.7% | 13.14% | 14.21% | 13.02% | 10.33% | 9.4% | 8.61% | 13.34% |
| Cost of Goods Sold | 1.39B | 1.39B | 1.35B | 1.34B | 1.29B | 1.29B | 1.25B | 1.3B | 1.26B | 1.24B | 1.2B | 1.2B | 1.16B | 1.15B | 1.14B | 1.13B | 1.06B | 1.04B | 994.19M | 976.61M |
| COGS % of Revenue | 49.02% | 49.55% | 49.72% | 50.29% | 49.43% | 50.16% | 49.95% | 52.5% | 52.32% | 51.98% | 51.26% | 52.34% | 52.78% | 52.99% | 52.54% | 54.39% | 54.19% | 53.95% | 52.41% | 53.2% |
| Gross Profit | 1.45B | 1.41B | 1.37B | 1.33B | 1.32B | 1.28B | 1.25B | 1.17B | 1.15B | 1.14B | 1.14B | 1.09B | 1.03B | 1.02B | 1.03B | 946.2M | 898.15M | 885.14M | 902.76M | 859.05M |
| Gross Margin % | 50.98% | 50.45% | 50.28% | 49.71% | 50.57% | 49.84% | 50.05% | 47.5% | 47.68% | 48.02% | 48.74% | 47.66% | 47.22% | 47.01% | 47.46% | 45.61% | 45.81% | 46.05% | 47.59% | 46.8% |
| Gross Profit Growth % | 9.79% | 10.64% | 9.14% | 12.97% | 15% | 11.84% | 9.68% | 7.8% | 10.95% | 11.65% | 11.04% | 15.07% | 15.13% | 15.51% | 13.89% | 10.14% | 10.95% | 7.96% | 9.27% | 21.37% |
| Operating Expenses | 788.55M | 756.77M | 748.7M | 728.54M | 709.49M | 685.31M | 691.1M | 626.15M | 626.47M | 641.87M | 641.01M | 617.98M | 587.22M | 577.51M | 587.99M | 541.76M | 490.55M | 503.91M | 508.65M | 502.6M |
| OpEx % of Revenue | 27.75% | 27.03% | 27.54% | 27.31% | 27.19% | 26.75% | 27.63% | 25.34% | 26.04% | 27% | 27.37% | 27.05% | 26.81% | 26.55% | 27.14% | 26.11% | 25.02% | 26.21% | 26.81% | 27.38% |
| Selling, General & Admin | 788.55M | 756.77M | 748.7M | 728.54M | 709.49M | 685.31M | 691.1M | 626.15M | 626.47M | 641.87M | 641.01M | 617.98M | 587.22M | 577.51M | 587.99M | 541.76M | 490.55M | 503.91M | 508.65M | 502.6M |
| SG&A % of Revenue | 27.75% | 27.03% | 27.54% | 27.31% | 27.19% | 26.75% | 27.63% | 25.34% | 26.04% | 27% | 27.37% | 27.05% | 26.81% | 26.55% | 27.14% | 26.11% | 25.02% | 26.21% | 26.81% | 27.38% |
| Research & Development | 0 | 0 | 0 | 30.8M | 0 | 0 | 0 | 26.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 1.15% | - | - | - | 1.08% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 659.9M | 655.71M | 617.86M | 597.45M | 609.85M | 591.39M | 561.03M | 547.59M | 520.8M | 499.68M | 500.56M | 470.8M | 446.81M | 444.93M | 440.12M | 404.44M | 407.61M | 381.23M | 394.1M | 356.45M |
| Operating Margin % | 23.22% | 23.42% | 22.73% | 22.4% | 23.37% | 23.09% | 22.43% | 22.16% | 21.64% | 21.02% | 21.37% | 20.61% | 20.4% | 20.46% | 20.32% | 19.49% | 20.79% | 19.83% | 20.78% | 19.42% |
| Operating Income Growth % | 8.21% | 10.88% | 10.13% | 9.1% | 17.1% | 18.35% | 12.08% | 16.31% | 16.56% | 12.31% | 13.73% | 16.41% | 9.62% | 16.71% | 11.68% | 13.46% | 24.85% | 8.04% | 12.69% | 71.84% |
| EBITDA | 788.57M | 783.22M | 743.8M | 719.34M | 736.9M | 747.33M | 676.24M | 662.53M | 632.21M | 608.91M | 607.37M | 575.88M | 549.64M | 546.14M | 540.17M | 506.81M | 507.8M | 479.45M | 492.05M | 454.58M |
| EBITDA Margin % | 27.75% | 27.97% | 27.36% | 26.97% | 28.24% | 29.17% | 27.03% | 26.81% | 26.27% | 25.61% | 25.93% | 25.21% | 25.1% | 25.11% | 24.93% | 24.43% | 25.9% | 24.94% | 25.94% | 24.76% |
| EBITDA Growth % | 7.01% | 4.8% | 9.99% | 8.58% | 16.56% | 22.73% | 11.34% | 15.05% | 15.02% | 11.49% | 12.44% | 13.63% | 8.24% | 13.91% | 9.78% | 11.49% | 19.87% | 6.7% | 10.35% | 49.53% |
| D&A (Non-Cash Add-back) | 128.67M | 127.5M | 125.94M | 121.89M | 127.05M | 155.94M | 115.2M | 114.93M | 111.41M | 109.23M | 106.81M | 105.08M | 102.83M | 101.21M | 100.05M | 102.38M | 100.19M | 98.22M | 97.95M | 98.13M |
| EBIT | 660.71M | 656.58M | 620.07M | 599.48M | 611.2M | 591.39M | 562.28M | 551.22M | 523.77M | 500.45M | 500.98M | 471.64M | 447.19M | 445.28M | 440.27M | 404.51M | 407.66M | 381.28M | 394.16M | 357.02M |
| Net Interest Income | -27.41M | -27.21M | -21.95M | -22.04M | -23.41M | -25.7M | -24.37M | -20.45M | -24.6M | -25.82M | -24.12M | -24.93M | -28.45M | -28.58M | -27.57M | -22.98M | -21.97M | -21.85M | -21.8M | -24.45M |
| Interest Income | 805K | 866K | 2.21M | 2.02M | 1.35M | 962K | 1.25M | 3.62M | 930K | 769K | 422K | 844K | 373K | 344K | 155K | 74K | 56K | 56K | 56K | 98K |
| Interest Expense | 28.21M | 28.08M | 24.16M | 24.06M | 24.76M | 26.66M | 25.62M | 24.08M | 25.53M | 26.59M | 24.54M | 25.77M | 28.82M | 28.92M | 27.72M | 23.06M | 22.03M | 21.9M | 21.85M | 24.55M |
| Other Income/Expense | -27.41M | -27.21M | -21.95M | -22.04M | -23.41M | -25.7M | -24.37M | -20.45M | -24.6M | -25.82M | -24.12M | -24.93M | -28.45M | -28.58M | -27.57M | -22.98M | -21.97M | -21.85M | -21.8M | -24.45M |
| Pretax Income | 632.5M | 628.5M | 595.91M | 575.41M | 586.44M | 565.69M | 536.66M | 527.14M | 496.2M | 473.86M | 476.43M | 445.87M | 418.37M | 416.36M | 412.56M | 381.45M | 385.63M | 359.38M | 372.3M | 331.99M |
| Pretax Margin % | 22.26% | 22.45% | 21.92% | 21.57% | 22.48% | 22.08% | 21.45% | 21.33% | 20.62% | 19.93% | 20.34% | 19.52% | 19.1% | 19.14% | 19.04% | 18.39% | 19.67% | 18.7% | 19.63% | 18.09% |
| Income Tax | 130M | 133.16M | 104.77M | 127.16M | 122.94M | 117.19M | 84.63M | 112.82M | 98.62M | 99.25M | 91.35M | 99.67M | 92.54M | 92.06M | 60.87M | 86.99M | 70.18M | 64.71M | 41.12M | 64.27M |
| Effective Tax Rate % | 20.55% | 21.19% | 17.58% | 22.1% | 20.96% | 20.72% | 15.77% | 21.4% | 19.88% | 20.94% | 19.17% | 22.35% | 22.12% | 22.11% | 14.75% | 22.81% | 18.2% | 18.01% | 11.05% | 19.36% |
| Net Income | 502.5M | 495.34M | 491.14M | 448.26M | 463.5M | 448.5M | 452.03M | 414.31M | 397.58M | 374.61M | 385.08M | 346.2M | 325.83M | 324.29M | 351.69M | 294.46M | 315.45M | 294.67M | 331.18M | 267.72M |
| Net Margin % | 17.68% | 17.69% | 18.07% | 16.8% | 17.76% | 17.51% | 18.07% | 16.77% | 16.52% | 15.76% | 16.44% | 15.15% | 14.88% | 14.91% | 16.23% | 14.19% | 16.09% | 15.33% | 17.46% | 14.58% |
| Net Income Growth % | 8.41% | 10.45% | 8.65% | 8.19% | 16.58% | 19.72% | 17.39% | 19.67% | 22.02% | 15.52% | 9.5% | 17.57% | 3.29% | 10.05% | 6.19% | 9.99% | 22.09% | 3.44% | 10.39% | 85.17% |
| Net Income (Continuing) | 502.5M | 495.34M | 491.14M | 448.26M | 463.5M | 448.5M | 452.03M | 414.31M | 397.58M | 374.61M | 385.08M | 346.2M | 325.83M | 324.29M | 351.69M | 294.46M | 315.45M | 294.67M | 331.18M | 267.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.24 | 1.21 | 1.20 | 1.09 | 1.13 | 1.09 | 1.10 | 1.00 | 0.96 | 0.90 | 0.93 | 0.83 | 0.78 | 0.78 | 0.85 | 0.71 | 0.75 | 0.69 | 0.78 | 0.62 |
| EPS Growth % | 9.73% | 11.01% | 9.09% | 9% | 17.71% | 21.11% | 18.28% | 20.48% | 23.08% | 15.38% | 9.41% | 16.9% | 4% | 13.04% | 8.97% | 14.52% | 27.12% | 4.55% | 11.43% | 82.35% |
| EPS (Basic) | 1.26 | 1.23 | 1.21 | 1.11 | 1.14 | 1.11 | 1.12 | 1.02 | 0.98 | 0.92 | 0.94 | 0.85 | 0.80 | 0.80 | 0.87 | 0.72 | 0.75 | 0.71 | 0.80 | 0.63 |
| Diluted Shares Outstanding | 406.84M | 406.43M | 409.29M | 409.69M | 410.31M | 410.67M | 410.5M | 413.33M | 412.75M | 413.06M | 414.29M | 413.67M | 413.67M | 413.42M | 413.35M | 417.71M | 422.56M | 424.49M | 423.78M | 430.9M |
| Basic Shares Outstanding | 401.62M | 401.48M | 403.29M | 403.41M | 403.77M | 410.67M | 403.38M | 406.18M | 405.91M | 406.67M | 407.58M | 407.15M | 406.86M | 406.55M | 405.71M | 409.5M | 413.55M | 414.58M | 413.18M | 420.57M |
| Dividend Payout Ratio | 35.97% | 36.81% | 32.12% | 35.23% | 34.12% | 35.08% | 30.58% | 33.21% | 34.58% | 36.91% | 30.53% | 33.94% | 36.03% | 36.19% | 27.77% | 33.35% | 31.38% | 33.53% | 23.89% | 29.7% |