← CINTAS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $693.5m | $480.7m | $842.6m | $885.0m | $876.0m | $1.1b | $1.2b | $1.3b | $1.6b | $1.8b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $693.5m | $480.7m | $842.6m | $885.0m | $876.0m | $1.1b | $1.2b | $1.3b | $1.6b | $1.8b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $456.9m | $457.3m | $783.9m | $882.6m | $876.4m | $1.1b | $1.2b | $1.3b | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $236.6m | $23.4m | $58.7m | $2.3m | ($323k) | $0 | $0 | — | — | — | |
| Depreciation, Depletion and Amortization | $165.3m | $196.6m | $279.4m | $360.1m | $379.1m | $388.0m | $399.7m | $409.2m | $442.4m | $494.2m | |
| Amortization | $15.6m | $25.0m | $63.9m | $136.5m | $143.1m | $144.1m | $150.3m | $152.1m | $161.5m | $190.8m | |
| Amortization of Intangible Assets | $15.6m | $25.0m | $63.9m | $134.0m | $140.8m | $141.9m | $148.4m | $150.0m | $158.9m | $167.8m | |
| Depreciation | $149.7m | $171.6m | $215.5m | $223.6m | $235.9m | $243.8m | $249.4m | $257.0m | $280.9m | $303.4m | |
| Deferred Income Tax Expense (Benefit) | ($48.8m) | $8.8m | ($115.2m) | $34.8m | ($13.3m) | ($42.1m) | $51.6m | $26.9m | ($30.5m) | ($8.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $79.3m | $88.9m | $112.8m | $139.2m | $115.4m | $112.0m | $109.3m | $103.6m | $117.0m | $128.3m | |
| Impairment of Intangible Assets, Finite-lived | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | ($3.2m) | $0 | $22.0m | $12.1m | $0 | $0 | $19.3m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $261.2m | $230.1m | $57.1m | $219.8m | $181.9m | $176.8m | $263.0m | $345.1m | $402.0m | $451.9m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $100.7m | $101.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $52.8m | $93.6m | $66.3m | $94.9m | ($39.7m) | $32.6m | $100.4m | $151.8m | $91.4m | $174.1m | |
| Increase (Decrease) in Inventories | $17.9m | $668k | $3.3m | $60.0m | $74.8m | $75.5m | ($16.2m) | $35.7m | ($95.8m) | $33.9m | |
| Increase (Decrease) in Accounts Payable | ($564k) | $13.7m | $35.3m | $12.3m | $2.6m | ($2.6m) | $22.7m | $53.4m | $36.9m | $144.0m | |
| Proceeds from Stock Options Exercised | $28.2m | $31.9m | $41.8m | $65.4m | $90.5m | $130.0m | $117.7m | $3.0m | $1.4m | $900k | |
| Deconsolidation, Gain (Loss), Amount | $378.4m | $25.5m | — | — | — | — | — | — | — | — | |
| Goodwill | $1.3b | $2.8b | $2.8b | $2.8b | $2.9b | $2.9b | $3.0b | $3.1b | $3.2b | $3.4b | |
| Inventory Write-down | — | — | — | — | — | $43.6m | $28.5m | — | — | — | |
| Investment Income, Interest | $896k | $237k | $1.3m | $1.2m | $988k | $467k | $242k | $1.7m | $5.7m | $5.6m | |
| Noncash Merger Related Costs | — | $31.4m | $0 | $0 | — | — | — | — | — | — | |
| Payments of Financing Costs | — | $17.1m | $0 | $0 | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | ($461k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $465.8m | $763.9m | $964.2m | $1.1b | $1.3b | $1.4b | $1.5b | $1.6b | $2.1b | $2.2b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $275.4m | $273.3m | $271.7m | $276.7m | $230.3m | $143.5m | $240.7m | $331.1m | $409.5m | $408.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $156.6m | $2.1b | $19.3m | $9.8m | $53.7m | $10.0m | $164.2m | $46.4m | $186.8m | $232.9m | |
| Payments to Acquire Investments | $494.1m | $181.1m | $153.7m | $17.8m | $10.0m | $4.3m | $6.1m | $4.6m | $7.5m | $7.2m | |
| Gain (Loss) on Sale of Investments | — | — | — | $69.4m | $0 | $0 | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($4.1m) | $196k | ($1.4m) | $7.8m | $4.7m | $11.1m | $7.0m | $6.6m | $4.8m | ($1.4m) | |
| Net Cash Provided by (Used in) Investing Activities | $128.4m | ($2.3b) | ($135.7m) | ($235.6m) | ($285.4m) | ($137.2m) | ($402.6m) | ($388.7m) | ($608.6m) | ($623.6m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $1.9b | $0 | $200.0m | $0 | $0 | $1.2b | $0 | $0 | $398.1m | |
| Repayments of Long-term Debt | $16k | $250.0m | $550.0m | $0 | $200.0m | $0 | $1.2b | $50.0m | $13.4m | $450.0m | |
| Payments for Repurchase of Common Stock | $780.2m | $20.7m | $127.3m | $1.0b | $464.5m | $554.1m | $1.5b | $398.9m | $700.0m | $934.8m | |
| Payments of Ordinary Dividends, Common Stock | $115.3m | $142.4m | $175.6m | $220.8m | $268.0m | $451.3m | $375.1m | $449.9m | $530.9m | $611.6m | |
| Payments of Dividends | $115.3m | $142.4m | $175.6m | $220.8m | $268.0m | $451.3m | $375.1m | $449.9m | $530.9m | $611.6m | |
| Dividends Payable, Current | — | — | — | — | — | $79.1m | $97.5m | $117.6m | $137.6m | $157.8m | |
| Proceeds from (Payments for) Other Financing Activities | $490k | ($5.9m) | ($2.6m) | ($14.1m) | ($752k) | ($4.4m) | ($6.4m) | ($15.9m) | ($10.5m) | ($20.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($866.7m) | $1.6b | ($864.1m) | ($873.3m) | ($955.2m) | ($879.9m) | ($1.5b) | ($1.2b) | ($1.3b) | ($1.6b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5.2m) | ($2.1m) | $5.1m | ($998k) | ($2.1m) | $4.6m | ($216k) | ($2.6m) | $206k | ($1.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.2m) | ($2.1m) | $5.1m | ($42.1m) | $48.8m | $348.2m | ($403.2m) | $33.7m | $217.9m | ($78.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $96.6m | $145.4m | $493.6m | $90.5m | $124.1m | $342.0m | $264.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $64.5m | $76.6m | $122.1m | $101.8m | $105.5m | $98.3m | $97.8m | $111.5m | $100.8m | $101.6m | |
| Income Taxes Paid, Net | $452.6m | $269.6m | $175.3m | $173.2m | $160.3m | $245.5m | $208.5m | $291.9m | $423.1m | $454.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.