Filing Flows › Cintas (CTAS) › Q3 FY25
Cintas (CTAS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 3, 2025
Cintas (CTAS) reported revenue of $2.6B for the third quarter fiscal 2025 (Q3 FY25), +8% from a year earlier and +2% from the quarter before. Operating margin was 23.4%, net earnings $463M (17.8% of revenue).
Cintas, Q3 FY25: revenue $2.6B (+8% year over year), operating margin 23.4%, net earnings $463M, operating cash flow $620M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +2% | +8% |
| Gross profit | $1.3B | +3% | — |
| Operating profit | $610M | +3% | +17% |
| Net earnings | $463M | +3% | +17% |
| Operating cash flow | $620M | +40% | -6% |
| Free cash flow | $521M | +52% | -5% |
What changed
Revenue was $2.6B in Q3 FY25, up 8% year over year and up 2% from the previous quarter. Uniform Rental and Facility Services was the largest line at 77% of revenue. Uniform Rental and Facility Services added $0.14B year over year (up 8%), 71% of the total change. Uniform Direct Sales declined 2%.
Gross margin was 50.6%. Operating profit was $0.61B, a 23.4% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 22% margin then. Net earnings were $0.46B, up 17% year over year. The effective tax rate was 21.0%.
Operating cash flow was $0.62B (down 6% year over year), 134% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.03B of share-based compensation. Capital expenditures of $0.10B left free cash flow of $0.52B.
Questions
What was Cintas' revenue in the third quarter fiscal 2025?
Cintas (CTAS) reported revenue of $2.6B for the third quarter fiscal 2025 (Q3 FY25), +8% from a year earlier and +2% from the quarter before.
Was Cintas profitable in the third quarter fiscal 2025?
Operating profit was $610M (23.4% of revenue) and net earnings $463M.
Source: Cintas 10-Q on SEC EDGAR.