Cintas Corporation Climbs 10 Spots on the Fortune 500 List
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) has maintained its status as a Fortune 500 company for the eighth consecutive year, coming in at 427. Cintas has improved its position in the Fortune 500 rankings, rising 10 spots.
To qualify for the Fortune 500 list, the magazine considers U.S.-based companies that submit financial statements to a government agency. Companies are then ranked based on their total revenues for their respective fiscal years as of January 31, 2025.
Cintas' most recent fully disclosed fiscal year, FY24, ended on May 31, 2024. During that year, the company recorded revenues of $9.60 billion, an 8.9% increase from its fiscal year 2023 performance of $8.82 billion.
'Sustaining this honor for eight consecutive years speaks volumes to the dedication of our more than 46,000 employee-partners and the exceptional service they provide to our customers,' said Todd Schneider, President and CEO of Cintas. 'We take pride in the trust our customers place in us, allowing their businesses to remain ready for the workday. It's an honor for us to be recognized amongst some of the best and most successful companies in the country.'
Cintas concluded its fiscal year, FY25, on May 31, 2025, and will report on the full-year results in July 2025. In the first three quarters of disclosed FY'25 earnings, Cintas reported revenues of $7.67 billion. This amount exceeded the equivalent FY'24 revenues of $7.13 billion by 7.57%.
About Cintas Corporation
Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers' facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
- Dual Recognition Underscores Binah's Unmatched Commitment to Leadership and Operational Excellence - NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. ('Binah Capital') (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments ('PKS'), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards ('The Wealthies'). The categories are Transition Support / Transition Services, recognizing PKS's excellence in advisor transition solutions, and Chief Executive Officer of the Year, recognizing Katherine Flouton, CEO of PKS Investments. This dual recognition underscores Binah's unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages. With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry. "We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry's top innovators," said Craig Gould, Chief Executive Officer of Binah Capital Group. "These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape." Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September Binah Capital Group Binah Capital Group ('Binah Capital', 'Binah' or the 'Company,' is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today's complex financial landscape. Binah's portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don't just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: About Purshe Kaplan Sterling InvestmentsPurshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS's flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence. Contact: Binah Capital Investor Relationsir@ Binah Capital Public Relationsmedia@
Business Journals
30 minutes ago
- Business Journals
Why young professionals choose to grow their careers at Cintas
Today's workforce is rapidly evolving, with a significant portion made up of younger individuals. According to the U.S. Department of Labor, 54% of the workforce in the U.S. is made up of Gen Z and millennial employees. Young professionals face many unique obstacles, and as the workforce continues to evolve, it's imperative that companies continue to adapt and make themselves a place where young professionals feel valued, can develop their careers and be a part of something meaningful. At Cintas, they have been leading the way in this regard, and it hasn't gone unnoticed. This year, Cintas was named to Newsweek's America's Greatest Workplaces for Gen Z and Forbes' list of America's Best Employers for New Grads, awards that are earned from an extensive evaluation process, which involves interviews with current and former employee-partners and peers in the industry. Hiring and meeting the needs of young professionals is vital to an organization's future, not to mention the new perspectives and fresh drive they can bring to an organization and its culture. Beth Barney, vice president of talent acquisition at Cintas, knows this to be true, and she and her team are helping to lead the charge in drawing young professionals to Cintas. 'We keep growing as an organization, so we have to continue to hire all sorts of young talent,' said Barney. 'I believe as a company we need to have people who think differently, have different experiences, and have different viewpoints. Young professionals, especially, have new insights, new ideas, and different ways of thinking, and that is how we'll continue to be innovative.' expand The saying often goes, 'If it ain't broke, don't fix it,' but that doesn't mean a company shouldn't consider trying new methods or tactics. Young professionals who are just starting their careers often bring forward-thinking solutions and perspectives, entering with a clean slate. 'Some people have a pet peeve when they hear, 'Well, this is how we've always done it,'' said Barney. 'Young professionals don't have that lens. They're coming in with fresh ideas, enthusiasm, resiliency, and they're unbiased, if you will. They could be the ones to bring the next best idea.' But what makes Cintas an excellent workplace for young professionals? Firstly, it provides guidance and resources to help them navigate their career, along with a variety of opportunities for growth. 'Cintas provides young professionals with development and guidance that I think is really helpful when you're new and starting out your career and need help understanding how to navigate a company,' said Barney. 'We also have such a variety of diverse opportunities for employee-partners to choose from, and if you decide you want to change paths, you can switch jobs completely without having to change companies. You can continue to build your brand without having to start over somewhere else. 'On top of that, we have tremendous benefits and very attractive total compensation. Those who are new to the workforce are looking to work for a company that they can trust and one that does things the right way, and that's at the core of our culture, that's our DNA. Do things with high morals and ethics.' Development programs for young professionals Along with mentorship and a career jungle gym, where you can move from various positions within the company, Cintas offers several different programs for young professionals, including its internship, Management Trainee (MT), and apprenticeship programs. The internship program provides students who are beginning to think about their careers with hands-on experience and exposure to all facets of the business. The MT program offers immersive, hands-on training across all company operations, supplying trainees with essential tools and resources for success. After finishing the MT program, trainees are prepared to leverage their strengths and enhance their career advancement. The apprenticeship program is for those looking to work in maintenance positions at Cintas. It's a way for people with technical abilities who want to learn additional skills to enter and acquire those trade skills, allowing them to take on higher-level roles within the company. expand These programs and offerings have helped shape many of Cintas' current leaders and garnered recognition from publications like Newsweek and Forbes. 'When a third party like Newsweek and Forbes, expert resources in this area, acknowledge us for being a great place for young professionals, it's great because it lets them know they can trust us and that we have that credibility,' said Barney. 'It helps us tell our story and promote what we already believe and know about ourselves, which is that we are an employer of choice.' The impact and scope of Cintas' programs go beyond the surface and are part of what make the company stand out as a place where young people want to start and grow their careers. 'It can be hard to explain to people everything Cintas does until you get here and see what we are all about,' said Barney. 'What we do is truly special. We help a million businesses every day. We help people have jobs, which allows them to live their lives. That's really meaningful. So, at first, people might think of our trucks and delivering things, but it's really much more than that.' Investing in young professionals means not only supporting the culture and future of Cintas but also fostering the careers of those who uphold it.
Yahoo
31 minutes ago
- Yahoo
AM Best Upgrades Credit Ratings of Members of Midwest Insurance Group
OLDWICK, N.J., June 05, 2025--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to "a" (Excellent) from "a-" (Excellent) of Midwest Insurance Company (Springfield, IL), West River Insurance Company (Sioux Falls, SD) and Brickyard Insurance Company (Fort Wayne, IN), collectively known as Midwest Insurance Group (Midwest). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Midwest's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). Midwest's balance sheet strength is supported by its strongest risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). The group's capital position reflects consistent operating performance and a diversified, well-managed investment portfolio that provides a steady stream of net investment income, which coupled with historically strong favorable reserve development, liquidity and cash flow metrics supports the very strong balance sheet assessment. The group's operating performance has been upgraded to strong from adequate. This assessment is supported by sustained profitability in the group's underwriting results combined with increasing levels of investment income. Midwest's operating performance compares very favorably with the workers' compensation composite on a five-year and 10-year basis contributing to strong, organic growth in surplus. Additionally, return-on-revenue and return-on-equity metrics have outpaced the composite over the past five years. Midwest maintains modest business concentration risk, operating as a monoline workers' compensation insurer focusing on small- to medium-sized agency partners. As a monoline workers' compensation insurer, its limited business profile leaves it susceptible to competitive pressures in certain jurisdictions, as well as potential legislative, regulatory or judicial changes. This concern is mitigated partly by the group's strategy to ensure responsiveness to its local agency base. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Joni Cerbone Senior Financial Analyst +1 908 882 1690 Rosemarie Mirabella Director +1 908 882 2125 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
