Cintas Credits Culture, Talent for Strong 2Q

Contributed by BSM Staff

CINCINNATI -- Cintas Corporation credited its differentiated culture, superior products and services and industry-best talent for an eight percent increase in revenue in the second quarter of 2025.

The provider of rental uniforms and hygiene services, posted net income of $448.5 million, or $1.11 per share, on sales of $2.6 billion, compared to $374.6 million, or 92 cents a share, on sales of $2.377 billion in the second quarter of last year.

Energy expenses comprised of gasoline, natural gas and electricity were 20 basis points lower for the second quarter of fiscal 2025 compared to last year's second quarter.

The organic revenue growth rate for the quarter, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.1%.

Gross margin was $1.28 billion compared to $1.14 billion in last year’s second quarter, an increase of 11.8%. Gross margin as a percentage of revenue was 49.8% for the second quarter of fiscal 2025 compared to 48.0% in last year's second quarter, an increase of 180 basis points.

Net income was $448.5 million for the second quarter of fiscal 2025 compared to $374.6 million in last year's second quarter, an increase of 19.7%. The second quarter of fiscal 2025 effective tax rate was 20.7% compared to 20.9% in last year's second quarter.

On December 13, 2024, Cintas paid an aggregate quarterly dividend of $158.0 million to shareholders, an increase of 14.9% from the amount paid last December.

“Cintas delivered strong results in the second quarter, with robust year-over-year revenue and earnings growth, excellent margin expansion and strong cash generation,” said Todd M. Schneider, president and CEO.

“Our results reflect the exceptional execution of our employee-partners and the comprehensive value proposition we provide to our customers in supporting their image, safety, cleanliness and compliance needs. We believe that Cintas’ differentiated culture, superior products and services and industry-best talent continue to position us to deliver meaningful value creation in fiscal 2025 and beyond.”

The company has assets of $3.2 billion, and liabilities of $2 billion.