Latest news with #Cintas'
Business Wire
29-07-2025
- Business
- Business Wire
Cintas Corporation Announces 15.4% Increase in Quarterly Cash Dividend
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) announced that the Company's Board of Directors approved a quarterly cash dividend of $0.45 per share of common stock payable on September 15, 2025, to shareholders of record at the close of business on August 15, 2025. This represents a 15.4% increase. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas' initial public offering 42 years ago in 1983. Any future dividend declarations, including the amount of any dividends, are at the discretion of the Board of Directors and dependent upon then-existing conditions, including the Company's operating results and financial condition, capital requirements, contractual restrictions, business prospects and other factors that the Board of Directors may deem relevant. Todd M. Schneider, Cintas' President, and Chief Executive Officer, stated, 'We achieved record revenue and profit in our fiscal 2025. We grew sales and profit again, which is now 54 out of the last 56 years. Due to our excellent financial results and strong financial position, we are increasing our quarterly dividend. The dividend, accompanied by our share buyback program, continues to demonstrate our commitment to increasing shareholder value.' Cintas 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.
Yahoo
17-07-2025
- Business
- Yahoo
Cintas' Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
Cintas Corporation CTAS reported fourth-quarter fiscal 2025 (ended May 31, 2025) earnings of $1.09 per share, which beat the Zacks Consensus Estimate of $1.07. The bottom line rose 9% year over year despite an increase in operating revenues of $2.67 billion outperformed the consensus estimate of $2.63 billion. The top line rose 8% year over year, driven by higher segmental revenues. Organic sales were up 9% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)In fiscal 2025, CTAS reported net revenues of $10.34 billion, which increased 7.7% year over year. The company's adjusted earnings were $4.40 per share, up 16.1% year over year. Cintas' Segmental Results The company has two reportable segments, Uniform Rental and Facility Services and First Aid and Safety Services. Other businesses like Uniform Direct Sale and Fire Protection Services are included in All Other. Quarterly sales data is briefly discussed from the Uniform Rental and Facility Services segment (representing 76.1% of the quarter's net sales) totaled $2.03 billion, up 6.3% year over year. Our estimate for segmental revenues was $2.02 from the First Aid and Safety Services segment (representing 12.2% of the quarter's net sales) totaled $324.4 million, up 16.8% year over year. Our estimate for segmental revenues was $313.1 from All Other business (representing 11.7% of the quarter's net sales) totaled $312.6 million, up 10.8% year over year. Our estimate for segmental revenues was $289 million. Cintas Corporation Price, Consensus and EPS Surprise Cintas Corporation price-consensus-eps-surprise-chart | Cintas Corporation Quote CTAS' Margin Profile Cintas' cost of sales (comprising costs related to uniform rental and facility services and others) increased 6.9% year over year to $1.34 billion. It represented 50.3% of net sales. Gross profit increased 9.1% to $1.33 billion. The gross margin was 49.7% compared with 49.2% in the year-ago period. Our estimate for the gross margin was pegged at 49.9%.Selling and administrative expenses totaled $728.5 million, reflecting a 9.1% increase from the year-ago figure. It represented 27.3% of net sales. Operating income increased 9.1% year over year to $597.5 million. The operating margin was 22.4% compared with 22.2% in the year-ago quarter. Interest expenses decreased 0.1% to $24.1 million. Cintas' Balance Sheet & Cash Flow Exiting fiscal 2025, Cintas had cash and cash equivalents of $264 million compared with $342 million at the end of the year-ago fiscal year. Long-term debt was about $2.42 billion compared with $2.03 billion at the end of the year-ago fiscal year. In fiscal 2025, CTAS generated net cash of $2.17 billion from operating activities, up 4.7% from the year-ago period. Capital expenditures in the same period totaled $408.9 million, down 0.1% year over year. Free cash flow increased 5.9% year over year to $1.76 company repurchased shares worth $934.8 million compared with $700 million in the year-ago period. Dividend payments totaled $611.6 million, up 15.2% year over year. CTAS' FY26 Guidance For fiscal 2026, Cintas expects revenues to be in the range of $11-$11.15 billion. The midpoint of the guided range — $11.08 billion — lies above the Zacks Consensus Estimate of $11.02 billion. Earnings per share are estimated to be in the range of $4.71-$4.85. The midpoint of the guided range — $4.78 — lies below the consensus estimate of $ predicts net interest expenses of approximately $98 million. This compares with interest expenses of $101.1 million recorded in fiscal 2025. The effective tax rate is expected to be 20%. CTAS' Zacks Rank & Other Stocks to Consider Cintas currently carries a Zacks Rank #2 (Buy). Some other top-ranked companies are discussed Inc. AZZ currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 8.1%. In the past 60 days, the Zacks Consensus Estimate for AZZ's fiscal 2026 earnings has increased 4.9%.Broadwind, Inc. BWEN presently sports a Zacks Rank of 1. The company delivered a trailing four-quarter average earnings surprise of 61.1%.In the past 60 days, the consensus estimate for BWEN's 2025 earnings has remained Holdings, Inc. ALRM presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 15.7%.The Zacks Consensus Estimate for ALRM's 2025 earnings has remained steady in the past 60 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report AZZ Inc. (AZZ) : Free Stock Analysis Report Broadwind Energy, Inc. (BWEN) : Free Stock Analysis Report Holdings, Inc. (ALRM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Business Wire
27-05-2025
- Business
- Business Wire
Cintas Corporation Recognized by Forbes as One of America's Best Employers for New Grads 2025
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) has been named to Forbes' list of America's Best Employers for New Grads 2025. This award, presented in collaboration with Statista, highlights Cintas' dedication to fostering a workplace where recent graduates can thrive, grow, and make a meaningful impact from day one. 'We are grateful to be recognized by Forbes as one of America's Best Employers for New Grads,' said Todd Schneider, President and CEO of Cintas. 'We take pride in being recognized for our commitment to cultivating a work environment that creates and supports young professionals, enabling them to excel in their careers. Young professionals face unique obstacles, and that's why it is imperative that we provide the necessary tools and a clear pathway toward both professional and personal success.' America's Best Employers for New Grads 2025 were identified in an independent survey of over 100,000 U.S. young professionals (employees who have less than 10 years of work experience) working for companies employing at least 1,000 people within the U.S. The final score is based on two types of evaluations: personal (those given by employees themselves) and public (those given by friends and family members of employees, or members of the public who work in the same industry), with a much higher weighting for personal evaluations. One of Cintas' key programs for young professionals is the Management Trainee (MT) Program. This program offers immersive, hands-on training across all company operations, supplying trainees with essential personal development to position them for a successful career. After finishing the MT program, trainees are prepared to leverage their strengths and enhance their career advancement. Additionally, Newsweek has recently included Cintas in its list of America's Best Workplaces for Gen Z 2025. This recognition further underscores Cintas' commitment to the well-being and growth of its young professionals. 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.
Yahoo
07-04-2025
- Business
- Yahoo
Cintas Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Last week, you might have seen that Cintas Corporation (NASDAQ:CTAS) released its third-quarter result to the market. The early response was not positive, with shares down 7.4% to US$190 in the past week. The result was positive overall - although revenues of US$2.6b were in line with what the analysts predicted, Cintas surprised by delivering a statutory profit of US$1.13 per share, modestly greater than expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Taking into account the latest results, the most recent consensus for Cintas from 16 analysts is for revenues of US$11.0b in 2026. If met, it would imply a notable 8.8% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 10.0% to US$4.83. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$11.0b and earnings per share (EPS) of US$4.82 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. Check out our latest analysis for Cintas The analysts reconfirmed their price target of US$207, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Cintas, with the most bullish analyst valuing it at US$245 and the most bearish at US$163 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Cintas' past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Cintas'historical trends, as the 7.0% annualised revenue growth to the end of 2026 is roughly in line with the 8.4% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 6.7% per year. It's clear that while Cintas' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Cintas analysts - going out to 2027, and you can see them free on our platform here. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Cintas that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
03-04-2025
- General
- Yahoo
Hibbard Elementary custodian a finalist for national award
CHICAGO - Micaela "Mica" Ortiz Arredondo, described as "the heart of Hibbard Elementary School" in Albany Park, is a finalist for Custodian of the Year. What we know The contest, run by Cintas, honors top school custodians nationwide. If Arredondo wins, she'll receive $10,000, $5,000 in prizes, a pizza party for her school and a trip to Las Vegas. According to her profile on Cintas' website, Arredondo is more than a custodian—she's a cornerstone of Hibbard Elementary, known for her kindness and dedication. "Mica is the heart of William G. Hibbard Elementary, bringing kindness to everything she does. More than just a custodian, she creates a welcoming and supportive environment for students, staff and visitors alike. Mica's hard work ensures the school remains clean and organized, but it's her uplifting spirit and genuine care for others that truly set her apart. She greets everyone with a smile, supports her colleagues like family and goes above and beyond to make the school feel like home. Whether offering a helping hand or organizing supplies, Mica's presence has a lasting impact on all." How to Vote Arredondo is up against nine other finalists from places like Tampa, San Francisco and New Jersey. Voting is open until April 11. Supporters can vote once per day. Cast your vote here.
