Cintas Financial Statements FY2022-FY2027Q1

Cintas Corporation (CTAS) Financial Statements in Beancount — Open Ledger

Cintas' income statement and balance sheet, FY2022 through FY2027Q1, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 8-K filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/cintas

Latest analysis: Cintas Q1 FY2027: 51.5% Gross Margin on $3.01B, With UniFirst Pending

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end May 31; SEC EDGAR CIK 0000723254 (Nasdaq: CTAS). FY2022 through
FY2026 come from each year's Form 10-K as originally filed. FY2027Q1 (three
months ended August 31, 2026) comes from the earnings release furnished as
Form 8-K Exhibit 99, which carries the full consolidated condensed statements;
the Form 10-Q for that quarter had not been filed when the period was added.
The filings report in thousands, so every amount keeps three decimals of MUSD.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 3,013.981 MUSD means 3,013.981 million US dollars.
• Rental inventory — Assets:Current:UniformsAndRentalItemsInService
  holds the filing's "uniforms and other rental items in service": garments,
  mats and towels already at customers, amortized into cost of sales. It is
  kept apart from Assets:Current:Inventory (inventories, net), as the
  balance sheet does.
• Cost of revenue — two Expenses:CostOfRevenue postings per period, one
  per filed line: cost of uniform rental and facility services, and cost of
  other. The income statement prints no cost-of-sales total. Revenue is one
  Income:Revenue posting; the rental / other split is in its comment.
• UniFirst transaction expenses — the filing's separate operating line
  (fiscal 2026 onward) is a second, labeled
  Expenses:SellingGeneralAdministrative posting, never folded in unlabeled.
• Interest — Expenses:OtherNet carries interest expense and interest
  income as one labeled posting each.
• Other mapped captions — Assets:NonCurrent:IntangibleAssets is service
  contracts, net; Assets:NonCurrent:LongTermInvestments is investments;
  Assets:NonCurrent:OperatingLeaseRightOfUse and
  Liabilities:Current:OperatingLeases / Liabilities:NonCurrent:OperatingLeases
  are the operating lease captions; Equity:TreasuryStock is treasury stock at
  cost. Residual …:Other lines are itemized in each period file and tie to
  the filing's subtotals.

Analysis

• Cintas Q1 FY2027: 51.5% Gross Margin on $3.01B, With UniFirst Pending — FY2027Q1

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of Cintas Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by Cintas Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.