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Cintas Corporation Announces Fiscal 2026 Third Quarter Results

CTAS
  • Cintas Corporation reported fiscal 2026 third-quarter revenue of $2.84 billion, an 8.9% increase from $2.61 billion in the prior-year quarter.
  • Organic revenue growth for the quarter was 8.2%, adjusting for acquisitions and foreign currency fluctuations.
  • Gross margin reached an all-time high of 51.0%, up 40 basis points from 50.6% in the prior-year quarter.
  • Operating income increased 8.2% to $659.9 million, representing 23.2% of revenue compared to 23.4% last year.
  • Net income rose 8.4% to $502.5 million, with diluted earnings per share (EPS) increasing 9.7% to $1.24.
  • The company paid an aggregate quarterly dividend of $180.0 million on March 13, 2026.
  • Over the first nine months of fiscal 2026, Cintas returned $1.45 billion to shareholders via dividends and share buybacks.
  • On March 10, 2026, Cintas entered into an agreement to acquire UniFirst Corporation.
  • Full-year fiscal 2026 revenue guidance was raised to a range of $11.21 billion to $11.24 billion.
  • Adjusted diluted EPS guidance for fiscal 2026 was raised to a range of $4.86 to $4.90, excluding non-recurring transaction costs related to the UniFirst acquisition.
  • The adjusted EPS guide excludes impacts from future share buybacks, significant economic disruptions, and estimated UniFirst transaction costs of $0.03 to $0.04 per share.
  • Fiscal 2026 net interest expense is expected to be approximately $101.0 million, higher than the $95.5 million in fiscal 2025.
  • The expected effective tax rate for fiscal 2026 is 20.0%, matching the prior-year rate.
  • Cintas is a Fortune 500 company headquartered in Cincinnati, Ohio, trading under the symbol CTAS on the Nasdaq Global Select Market.