For the quarter ending 2025-11-30, CTAS had $62,699K increase in cash & cash equivalents over the period. $424,971K in free cash flow.
| Cash Flow | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Net income | 495,343 | 491,140 | 448,256 | 463,497 |
| Depreciation | 79,296 | 77,589 | 77,663 | 76,374 |
| Amortization of intangible assets and capitalized contract costs | 48,205 | 48,348 | 44,226 | 50,673 |
| Stock-based compensation | 32,353 | 30,348 | 30,743 | 31,802 |
| Gain on sale of property and equipment | 0 | - | 0 | 15,046 |
| Deferred income taxes | -12,149 | -13,496 | -1,479 | 11,039 |
| Accounts receivable, net | 64,704 | 3,635 | 15,380 | 29,708 |
| Inventories, net | -1,679 | 2,398 | 25,894 | 26,804 |
| Uniforms and other rental items in service | 42,041 | 34,760 | 33,144 | 6,837 |
| Prepaid expenses and other current assets and capitalized contract costs | 41,320 | 62,382 | 34,778 | 35,957 |
| Accounts payable | 41,861 | -22,501 | 71,174 | -7,493 |
| Accrued compensation and related liabilities | 32,929 | -94,275 | 22,331 | 49,197 |
| Accrued liabilities and other | 10,686 | -101,114 | 44,780 | 73,387 |
| Income taxes, current | -75,213 | 74,625 | 4,293 | 9,974 |
| Net cash provided by operating activities | 531,223 | 414,481 | 635,749 | 622,020 |
| Capital expenditures | 106,252 | 101,957 | 114,624 | 99,923 |
| Purchases of investments | -32 | 6,538 | 132 | -28 |
| Proceeds from sale of property and equipment | 0 | - | 0 | 18,064 |
| Acquisitions of businesses, net of cash acquired | 85,634 | 7,602 | 34,091 | 43,924 |
| Other, net | 1,000 | 130 | 419 | -386 |
| Net cash used in investing activities | -192,854 | -116,227 | -149,266 | -125,369 |
| Issuance of commercial paper, net | 550,750 | 0 | -181,000 | - |
| Proceeds from issuance of debt | - | - | 398,088 | - |
| Debt issuance costs | - | - | 1,165 | - |
| Repayment of debt | - | - | 450,000 | 0 |
| Proceeds from exercise of stock-based compensation awards | 427 | 2,669 | 197 | 124 |
| Dividends paid | 182,343 | 157,766 | 157,924 | 158,139 |
| Repurchase of common stock | 635,570 | 266,097 | 256,671 | 26,611 |
| Other, net | -8,275 | -2,807 | -955 | -8,010 |
| Net cash used in financing activities | -275,011 | -424,001 | -468,430 | -373,636 |
| Effect of exchange rate changes on cash and cash equivalents | -659 | -83 | 2,492 | -1,982 |
| Net decrease in cash and cash equivalents | 62,699 | -125,830 | 20,545 | 121,033 |
| Cash and cash equivalents at beginning of period | 138,143 | 263,973 | 243,428 | 122,395 |
| Cash and cash equivalents at end of period | 200,842 | 138,143 | 263,973 | 243,428 |
CINTAS CORP (CTAS)
CINTAS CORP (CTAS)