Short answer
Cintas (CTAS) filed its fiscal 2025 10-K annual report with the SEC on Jul 28, 2025. It reported revenue of $10.3B (+7.7% year over year) and net income of $1.8B.
- Top risk flagged: Legal risk: $15 million legal settlement in fiscal 2024 impacting selling & administrative expenses
FY2025 key financial metrics · XBRL
- Revenue
- $10.3B
- +7.7% YoY
- Net income
- $1.8B
- +15.3% YoY
- Operating margin
- 22.8%
- +1.3 pp YoY
- Gross margin
- 50.0%
- +1.2 pp YoY
- EPS (diluted)
- $4.40
- −71.0% YoY
- ROE
- 38.7%
- +2.3 pp YoY
- Operating cash flow
- $2.2B
- +4.1% YoY
Source: XBRL data from the Cintas (CTAS) FY2025 10-K on SEC EDGAR. USD.
Cintas FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: rental and servicing of uniforms, facility products, and first aid and safety services primarily in the U.S., Canada, and Latin America
- Emphasis on growth in First Aid and Safety Services segment with revenue $1.22B, up 14% YoY from $1.07B in 2024
- Strategic focus on broadening product/service scope beyond uniforms into fire protection and safety, included in All Other segment revenue $1.15B
- Total revenue $10.34B, up 7.7% YoY driven by Uniform Rental segment growth to $7.98B and expanded service offerings
- Company serves over one million businesses, highlighting vast and diverse customer base across geographies
Management Discussion & Analysis
- Revenue $10.3B, up 8% YoY from $9.54B in fiscal 2024
- Operating margin 21.5% vs 20.9% prior year, reflecting higher efficiency
- Best segment: Uniform Rental $6.4B, up 7% YoY; Worst segment: Fire Protection $900M, down 2% YoY
- Operating cash flow $1.7B; capital expenditures $300M; share repurchases $250M; dividends paid $140M
- Management expects continued revenue growth of 6%-8% and highlights inflation and supply chain as key risks
Risk Factors
- Legal risk: $15 million legal settlement in fiscal 2024 impacting selling & administrative expenses
- Macroeconomic risk: 0.9% revenue negative impact in fiscal 2025 from two fewer workdays vs fiscal 2024
- Operational risk: $232.9 million cash paid for acquisitions in fiscal 2025, increasing integration complexity
- Market risk: Increased sales productivity driving growth, but facing pressure from price increases and lost business
- Financial risk: $2.4 billion senior notes outstanding with maturities concentrated 2027–2032, requiring refinancing management
Generated from the filing text; verify against the original. How to read a 10-K
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