CTAS Q1 2023 Earnings — Cintas Corporation Revenue & Financial Results | Market Cap Arena

CTASCintas Corporation

$79B

Q1 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$2.2B+14.2% YoY

Gross Profit

$1.0B47.5% margin

Operating Income

$440M20.3% margin

Net Income

$352M16.2% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$298M

Free Cash Flow

$228M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$5.0B

Stockholders' Equity

$3.2B

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.9B	+14.2%
Gross Profit	$1.0B	$903M	+13.9%
Operating Income	$440M	$394M	+11.7%
Net Income	$352M	$331M	+6.2%

Revenue Segments

Uniform Rental and Facility Services

$1.7B78%

First Aid and Safety Services

$234M11%

Fire Protection Services

$152M7%

Uniform Direct Sales

$83M4%