financial statements

The full income statement, balance sheet, and cash-flow statement for Cintas Corporation (CTAS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22	as ofMay 31 ’21
Revenue	10.3B YoY+7.7%	9.60B YoY+8.9%	8.82B YoY+12.2%	7.85B YoY+10.4%	7.12B YoY+0.4%
	5.17B YoY+10.4%	4.69B YoY+12.3%	4.17B YoY+14.9%	3.63B YoY+9.6%	3.31B YoY+2.5%
Cost of revenue	5.17B YoY+5.2%	4.91B YoY+5.8%	4.64B	—	—
Selling, general & administrative	2.81B YoY+7.5%	2.62B YoY+10.4%	2.37B YoY+15.9%	2.04B YoY+6.0%	1.93B YoY-6.9%
Amortization of intangibles	168M YoY+5.6%	159M YoY+5.9%	150M YoY+1.1%	148M YoY+4.6%	142M YoY+0.8%
Operating income	2.36B YoY+14.1%	2.07B YoY+14.8%	1.80B YoY+13.6%	1.59B YoY+14.6%	1.39B YoY+19.2%
Interest expense	101M YoY+0.4%	101M YoY-9.4%	111M YoY+25.2%	88.8M YoY-9.5%	98.2M YoY-6.8%
Interest & investment income	5.58M YoY-2.8%	5.74M YoY+234.6%	1.72M YoY+609.1%	242K YoY-48.2%	467K YoY-52.7%
Net interest income	—	—	-110M YoY-23.6%	-88.6M YoY+9.4%	-97.7M YoY+6.4%
Pre-tax income	2.26B YoY+14.7%	1.97B YoY+16.6%	1.69B YoY+13.0%	1.50B YoY+16.4%	1.29B YoY+21.7%
Income tax	452M YoY+12.4%	402M YoY+16.5%	345M YoY+31.2%	263M YoY+48.8%	177M YoY-2.8%
	1.81B YoY+15.3%	1.57B YoY+16.6%	1.35B YoY+9.1%	1.24B YoY+11.2%	1.11B YoY+26.8%
Income from continuing operations	—	—	1.35B YoY+9.1%	1.24B YoY+11.2%	1.11B YoY+26.8%
Net income to common	1.81B YoY+15.3%	1.57B YoY+16.6%	1.34B YoY+9.2%	1.23B	—
	$4.40 YoY+16.1%	$3.79 YoY+16.6%	$3.25 YoY-72.1%	$11.65 YoY+13.8%	$10.24 YoY+26.3%
EPS (basic)	$4.48 YoY+16.4%	$3.85 YoY+16.7%	$3.30 YoY-72.3%	$11.92 YoY+13.3%	$10.52 YoY+25.8%
Weighted-avg shares (basic)	404M YoY-0.8%	407M YoY+0.0%	407M YoY+294.1%	103M YoY-1.6%	105M YoY+1.0%
Weighted-avg shares (diluted)	410M YoY-0.8%	413M YoY-0.0%	414M YoY+291.9%	106M YoY-2.0%	108M YoY+0.6%
Dividends per share	$1.56 YoY+15.6%	$1.35 YoY+17.4%	$1.15 YoY-69.7%	$3.80 YoY-24.2%	$5.01 YoY+96.5%
Balance Sheet	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22	as ofMay 31 ’21
	3.44B YoY+7.9%	3.19B YoY+8.4%	2.94B YoY+11.6%	2.63B YoY-7.4%	2.84B YoY+23.1%
Cash & equivalents	264M YoY-22.8%	342M YoY+175.5%	124M YoY+37.2%	90.5M YoY-81.7%	494M YoY+239.5%
Short-term investments	0.00	0.00	0.00	0.00	0.00
Accounts receivable	1.42B YoY+13.9%	1.24B YoY+7.9%	1.15B YoY+14.6%	1.01B YoY+11.6%	902M YoY+3.6%
Inventory	447M YoY+9.1%	410M YoY-19.0%	507M YoY+7.3%	472M YoY-2.0%	482M YoY+17.8%
Prepaid expenses	170M YoY+14.4%	149M YoY+4.1%	143M YoY+14.5%	125M YoY-6.8%	134M YoY+16.7%
	9.83B YoY+7.2%	9.17B YoY+7.3%	8.55B YoY+4.9%	8.15B YoY-1.1%	8.24B YoY+7.4%
Property, plant & equipment	1.65B YoY+7.7%	1.53B YoY+9.9%	1.40B YoY+5.5%	1.32B YoY+0.4%	1.32B YoY-6.0%
Operating lease right-of-use	224M YoY+19.4%	188M YoY+5.3%	178M YoY+5.0%	170M YoY+0.9%	169M YoY+5.4%
Goodwill	3.40B YoY+5.8%	3.21B YoY+5.1%	3.06B YoY+0.4%	3.04B YoY+4.5%	2.91B YoY+1.5%
Intangible assets	694M YoY+0.6%	690M YoY-1.5%	701M YoY-2.5%	719M YoY+75.9%	408M YoY-9.5%
Other non-current assets	463M YoY+8.9%	425M YoY+11.0%	383M YoY+11.3%	344M YoY+10.9%	310M YoY+19.0%
	1.64B YoY-10.1%	1.83B YoY+48.7%	1.23B YoY-14.2%	1.43B YoY-25.9%	1.93B YoY+118.5%
Accounts payable	485M YoY+43.0%	339M YoY+12.2%	302M YoY+20.2%	252M YoY+9.0%	231M YoY-0.1%
Accrued liabilities	875M YoY+14.9%	761M YoY+20.4%	633M YoY+7.4%	589M YoY+13.5%	519M YoY+13.6%
Short-term & current debt	0.00 YoY-100.0%	450M	0.00 YoY-100.0%	312M YoY-65.3%	899M
Current lease liability	50.7M YoY+11.0%	45.7M YoY+4.6%	43.7M YoY-0.4%	43.9M YoY+0.1%	43.9M YoY+1.9%
Long-term debt	2.42B YoY+19.7%	2.03B YoY-18.5%	2.49B YoY+0.1%	2.48B YoY+51.2%	1.64B YoY-35.3%
Non-current lease liability	179M YoY+21.7%	147M YoY+6.2%	138M YoY+7.1%	129M YoY-1.3%	131M YoY+6.6%
Deferred tax liabilities	472M YoY-0.8%	476M YoY-4.6%	498M YoY+5.2%	474M YoY+22.5%	387M YoY-0.5%
Total non-current liabilities	3.50B YoY+15.6%	3.02B YoY-12.4%	3.45B YoY+1.4%	3.41B YoY+30.3%	2.61B YoY-26.3%
	4.68B YoY+8.5%	4.32B YoY+11.7%	3.86B YoY+16.8%	3.31B YoY-10.3%	3.69B YoY+14.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	2.59B YoY+12.5%	2.31B YoY+13.5%	2.03B YoY+14.7%	1.77B YoY+16.9%	1.52B YoY+37.5%
Additional paid-in capital	98.9M YoY+0.0%	98.9M YoY+0.0%	98.9M YoY+0.0%	98.9M YoY+0.0%	98.9M YoY-42.4%
Retained earnings	11.8B YoY+11.1%	10.6B YoY+10.6%	9.60B YoY+10.1%	8.72B YoY+10.7%	7.88B YoY+8.0%
Treasury stock	9.79B YoY+12.6%	8.70B YoY+10.9%	7.84B YoY+7.6%	7.29B YoY+27.1%	5.74B YoY+10.7%
Accumulated other comprehensive income	84.4M YoY-7.5%	91.2M YoY+17.3%	77.8M YoY-27.9%	108M YoY+249.4%	30.9M YoY+120.1%
Total equity incl. non-controlling	2.19B YoY+0.0%	2.19B YoY+0.0%	2.19B YoY+0.0%	2.19B YoY+0.0%	2.19B YoY+0.0%
Total liabilities & equity	9.83B YoY+7.2%	9.17B YoY+7.3%	8.55B YoY+4.9%	8.15B YoY-1.1%	8.24B YoY+7.4%
Common shares issued	777M YoY+0.5%	773M YoY+302.2%	192M YoY+0.7%	191M YoY+0.9%	189M YoY+1.2%
Common shares outstanding	403M YoY-0.5%	405M YoY+298.1%	102M YoY+0.0%	102M YoY-2.3%	104M YoY+0.6%
Shares outstanding (cover)	404M YoY+298.0%	101M YoY-0.2%	102M YoY-0.6%	102M YoY-2.6%	105M YoY+1.0%
Cash Flow	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22	as ofMay 31 ’21
	2.17B YoY+4.7%	2.07B YoY+30.4%	1.59B YoY+3.2%	1.54B YoY+13.0%	1.36B YoY+5.4%
Depreciation & amortization	494M YoY+11.7%	442M YoY+8.1%	409M YoY+2.4%	400M YoY+3.0%	388M YoY+2.3%
Share-based compensation	128M YoY+9.7%	117M YoY+12.9%	104M YoY-5.2%	109M YoY-2.4%	112M YoY-2.9%
Deferred income taxes	-8.12M YoY+73.4%	-30.5M YoY-213.3%	26.9M YoY-47.8%	51.6M YoY+222.7%	-42.1M YoY-216.6%
Change in receivables	174M YoY+90.5%	91.4M YoY-39.8%	152M YoY+51.2%	100M YoY+208.2%	32.6M YoY+182.1%
Change in inventory	33.9M YoY+135.4%	-95.8M YoY-368.6%	35.7M YoY+320.2%	-16.2M YoY-121.4%	75.5M YoY+1.0%
Change in payables	144M YoY+290.2%	36.9M YoY-30.9%	53.4M YoY+135.1%	22.7M YoY+971.6%	-2.60M YoY-199.0%
	-624M YoY-3.4%	-603M YoY-58.1%	-382M YoY+5.2%	-403M YoY-193.4%	-137M YoY+51.9%
Capital expenditure	409M YoY-0.1%	409M YoY+23.7%	331M YoY+37.6%	241M YoY+67.8%	143M YoY-37.7%
Acquisitions	233M YoY+24.7%	187M YoY+303.0%	46.4M YoY-71.8%	164M YoY+1536.1%	10.0M YoY-81.3%
Purchases of investments	7.20M YoY-4.6%	7.55M YoY+65.3%	4.57M YoY-24.9%	6.08M YoY+41.3%	4.30M YoY-57.1%
Proceeds from sale of PP&E	24.0M	0.00	0.00	—	—
Other investing activities	-1.37M YoY-164.3%	-518K YoY-23.3%	-420K YoY-106.0%	7.01M YoY-37.0%	11.1M YoY+138.6%
	-1.62B YoY-29.8%	-1.25B YoY-6.9%	-1.17B YoY+24.1%	-1.54B YoY-74.8%	-880M YoY+7.9%
Long-term debt issued	398M	0.00	0.00 YoY-100.0%	1.19B	0.00
Long-term debt repaid	450M YoY+3245.7%	13.4M YoY-73.1%	50.0M YoY-95.8%	1.20B	0.00 YoY-100.0%
Common stock repurchased	935M YoY+33.5%	700M YoY+75.5%	399M YoY-73.9%	1.53B YoY+175.4%	554M YoY+19.3%
Dividends paid	612M YoY+15.2%	531M YoY+18.0%	450M YoY+19.9%	375M YoY-16.9%	451M YoY+68.4%
Other financing activities	-20.4M YoY-355.0%	-4.48M YoY+54.2%	-9.79M YoY-53.1%	-6.39M YoY-46.1%	-4.38M YoY-482.0%
FX effect on cash	-1.30M YoY-730.1%	206K YoY+104.9%	-4.19M YoY-1838.0%	-216K YoY-104.7%	4.58M YoY+316.0%
Net change in cash	-78.0M YoY-135.8%	218M YoY+546.9%	33.7M YoY+108.4%	-403M YoY-215.8%	348M YoY+614.2%
Interest paid	102M YoY+0.8%	101M YoY-9.6%	112M YoY+14.0%	97.8M YoY-0.5%	98.3M YoY-6.8%
Income taxes paid	455M YoY+7.5%	423M YoY+44.9%	292M YoY+40.0%	209M YoY-15.1%	246M YoY+53.2%
Valuation Ratios	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22	as ofMay 31 ’21
Market cap	91.5B YoY+431.8%	17.2B YoY+43.3%	12.0B YoY+17.8%	10.2B YoY+9.7%	9.29B YoY+44.0%
P/E	51.4× YoY+369.7%	10.9× YoY+22.9%	8.9× YoY+8.0%	8.2× YoY-12.3%	9.4× YoY+39.9%
P/S	9.0× YoY+402.8%	1.8× YoY+31.6%	1.4× YoY+5.0%	1.3× YoY-3.6%	1.3× YoY+51.8%
P/B	19.9× YoY+399.6%	4.0× YoY+28.2%	3.1× YoY+0.9%	3.1× YoY+26.6%	2.4× YoY+25.7%
P/FCF	50.5× YoY+386.8%	10.4× YoY+8.4%	9.6× YoY+21.7%	7.9× YoY-5.2%	8.3× YoY+38.3%
Earnings yield	1.9% YoY-78.7%	9.1% YoY-18.6%	11.2% YoY-7.4%	12.1% YoY+14.0%	10.6% YoY-28.5%
FCF yield	2.0% YoY-79.5%	9.6% YoY-7.7%	10.5% YoY-17.9%	12.7% YoY+5.5%	12.1% YoY-27.7%
Dividend yield	0.7% YoY-13.5%	0.8% YoY-18.2%	1.0% YoY-74.5%	3.8% YoY-32.7%	5.7% YoY+37.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CTAS's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CTAS filings on SEC EDGAR → Not investment advice.

CTAS▼ financial statements

About this data

financial statements