Uniform rental firm Cintas Q1 revenue beats estimates, raises annual outlook

Cintas

24/09/2025 13:38

Overview

Cintas fiscal Q1 2026 revenue rises 8.7% yr/yr, beating analyst expectations, per LSEG data

Net income for fiscal Q1 2026 increases 8.7% to $491.1 mln

Co raises fiscal 2026 revenue and EPS guidance, reflecting confidence in growth

Outlook

Cintas raises fiscal 2026 revenue guidance to $11.06 bln-$11.18 bln

Cintas increases fiscal 2026 EPS guidance to $4.74-$4.86

Company assumes no future acquisitions in fiscal 2026 guidance

Cintas expects fiscal 2026 effective tax rate to be 20%

Result Drivers

ACQUISITIONS - Revenue growth positively impacted by 0.9% due to acquisitions

ORGANIC GROWTH - Organic revenue growth rate was 7.8%, adjusting for acquisitions and currency fluctuations

MARGIN EXPANSION - Gross margin increased by 20 basis points to 50.3%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$2.72 bln
$2.70 bln (11 Analysts)
Q1 EPS
$1.2
Q1 Net Income
$491.10 mln
Q1 Gross Margin
50.3%
Q1 Operating Income
$617.90 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 9 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Cintas Corp is $226.50, about 11.4% above its September 23 closing price of $200.59

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 47 three months ago

Press Release: ID:nBw88wYka

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)