Cintas posts $3.01 billion in first-quarter revenue, raises fiscal 2027 guidance
Cintas (NASDAQ: CTAS) reported first-quarter fiscal 2027 revenue of $3.01 billion and diluted earnings per share of $1.36 for the period ended Aug. 31, according to an earnings release furnished with a Form 8-K on Wednesday. Revenue rose 10.9% from $2.72 billion a year earlier. Organic revenue growth—excluding acquisitions, foreign-currency changes, and workday differences—was 8.9%.
Diluted EPS increased 13.3% from $1.20. Operating income included $14.4 million of transaction expenses related to the proposed UniFirst acquisition. Excluding those costs, which reduced diluted EPS by $0.03, adjusted diluted EPS was $1.39, up 15.8%.
Gross margin was 51.5% of revenue, up from 50.3%. Operating income rose 15.2% to $711.9 million, or 23.6% of revenue, from $617.9 million, or 22.7%. Net income was $551.7 million, up 12.3% from $491.1 million.
Uniform Rental and Facility Services revenue was about $2.29 billion. First Aid and Safety Services revenue was about $389 million.
On Sept. 15, Cintas paid an aggregate quarterly dividend of $208.8 million. During the first quarter and through Sept. 22, it purchased shares for a total of $544.7 million under its buyback programs.
Cintas raised full-year fiscal 2027 revenue guidance to $12.15 billion to $12.27 billion from $12.10 billion to $12.25 billion, and raised adjusted diluted EPS guidance to $5.45 to $5.54 from $5.36 to $5.50. The adjusted EPS guide excludes non-recurring UniFirst transaction expenses, and guidance excludes expected impacts from the proposed UniFirst acquisition.
By the numbers
- Revenue: $3.01 billion (+10.9%); organic revenue: +8.9%
- Diluted EPS: $1.36 (+13.3%); adjusted diluted EPS: $1.39 (+15.8%)
- Operating income: $711.9 million (+15.2%); margin: 23.6%
- UniFirst-related transaction expenses: $14.4 million ($0.03 per share)
- Buybacks through Sept. 22: $544.7 million; quarterly dividend paid: $208.8 million
- FY2027 revenue outlook: $12.15–$12.27 billion; adjusted diluted EPS: $5.45–$5.54
Sources
- Cintas Corporation Form 8-K, filed Sept. 23, 2026, accession 0000723254-26-000044
- Exhibit 99 earnings release
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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