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Nov 30, 2024

Cintas Q2 2025 Earnings Report

Cintas reported strong revenue and earnings growth, excellent margin expansion, and strong cash generation in Q2 2025.

Key Takeaways

Cintas Corporation reported a 7.8% increase in revenue for the second quarter of fiscal year 2025, reaching $2.56 billion. Operating income increased by 18.4% to $591.4 million, and net income rose by 19.7% to $448.5 million. Diluted earnings per share (EPS) increased by 21.1% to $1.09. The company has updated its annual revenue and EPS guidance upwards.

Revenue for Q2 2025 increased by 7.8% to $2.56 billion compared to the previous year.

Organic revenue growth rate for Q2 2025 was 7.1%.

Operating income for Q2 2025 increased by 18.4% to $591.4 million.

Diluted earnings per share (EPS) for Q2 2025 was $1.09, a 21.1% increase.

Total Revenue
$2.56B
Previous year: $2.38B
+7.8%
EPS
$1.09
Previous year: $0.9
+21.1%
Gross Profit
$1.28B
Previous year: $1.14B
+11.8%
Cash and Equivalents
$122M
Previous year: $85.6M
+43.1%
Free Cash Flow
$340M
Previous year: $529M
-35.7%
Total Assets
$9.37B
Previous year: $8.81B
+6.3%

Cintas

Cintas

Cintas Revenue by Segment

Forward Guidance

Cintas is updating its annual revenue expectations from a range of $10.220 billion to $10.320 billion to a range of $10.255 billion to $10.320 billion and updating its diluted EPS guidance from a range of $4.17 to $4.25 to a range of $4.28 to $4.34.

Positive Outlook

  • Annual revenue expectations updated to a range of $10.255 billion to $10.320 billion.
  • Diluted EPS guidance updated to a range of $4.28 to $4.34.
  • Guidance does not assume any future acquisitions.
  • Guidance assumes a constant foreign currency exchange rate.
  • Guidance assumes no significant economic disruption or downturn.

Challenges Ahead

  • Fiscal year 2025 interest, net is expected to be approximately $101.0 million compared to $95.0 million in fiscal year 2024, predominately as a result of higher variable rate debt.
  • Fiscal year 2025 effective tax rate is expected to be 20.2%.
  • Guidance includes no future share buybacks.
  • Guidance includes no significant economic disruptions.
  • Guidance includes no downturns.

Revenue & Expenses

Visualization of income flow from segment revenue to net income