CTAS Q1 2024 Earnings — Cintas Corporation Revenue & Financial Results | Market Cap Arena

CTASCintas Corporation

$79B

Q1 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$2.3B+8.1% YoY

Gross Profit

$1.1B48.7% margin

Operating Income

$501M21.4% margin

Net Income

$385M16.4% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$337M

Free Cash Flow

$230M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$4.6B

Stockholders' Equity

$4.1B

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.2B	+8.1%
Gross Profit	$1.1B	$1.0B	+11.0%
Operating Income	$501M	$440M	+13.7%
Net Income	$385M	$352M	+9.5%

Revenue Segments

Uniform Rental and Facility Services

$1.8B78%

First Aid and Safety Services

$261M11%

Fire Protection Services

$174M7%

Uniform Direct Sales

$80M3%