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 ( CTAS ) raises fiscal 2026 revenue guidance to $11.06 bln-$11.18 bln
* Cintas ( CTAS ) increases fiscal 2026 EPS guidance to $4.74-$4.86
* Company assumes no future acquisitions in fiscal 2026 guidance
* Cintas ( CTAS ) 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/Mis Actual Consensu
s s
Estimate
Q1 Beat $2.72 $2.70
Revenue bln bln (11
Analysts
)
Q1 EPS $1.2
Q1 Net $491.10
Income mln
Q1 Gross 50.3%
Margin
Q1 $617.90
Operatin mln
g Income
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 ( CTAS ) 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:
(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.)