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Cintas CTAS Accrued Expenses

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Other financials

Income statement

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Revenue$2.9B+8.9%
Gross profit$1.5B+11.6%
Operating income$673.0M+12.7%
Net income$511.0M+14.0%
EPS (diluted)$1.26+15.6%

Balance sheet

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Cash & equivalents$289.0M+9.5%
Total debt$2.7B+1.5%
Total equity$5.1B+9.7%
Total assets$10.5B+7.2%

Cash flow

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Operating cash flow$709.1M+11.5%
CapEx$96.0M-16.2%
Free cash flow$613.1M+17.7%

Valuation

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Market cap$81.25B-9.9%
Enterprise value$83.67B-9.7%
P/E40.6×-9.2×
P/S7.2×-1.5×

Profitability

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Gross margin50.7%+0.6pp
Operating margin23.1%+0.3pp
Net margin17.8%+0.2pp
FCF margin16.7%-0.3pp

Returns & leverage

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Return on equity40.7%+0.4pp
Debt / equity0.5×0.0×
Current ratio1.4×-0.7×

Where this comes from

Reported directly by Cintas in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Cintas’s 10-K, filed July 29, 2026.

Filed
Jul 29, 2026, 3:37 PM EDT
Fiscal year
FY2026
Accession
0000723254-26-000028
Consolidated Balance Sheets / (In thousands except share data)As of May 31, 2026As of May 31, 2025
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable$461,157$485,109
Accrued compensation and related liabilities237,042229,538
Accrued liabilities889,198875,077
Income taxes, current44,0704,034
Operating lease liabilities, current56,50550,744
Debt due within one year998,987

Item 8. Financial Statements and Supplementary Data

FAQ

What is Cintas's accrued expenses?
Cintas (CTAS) reported accrued expenses of $237.04M in Q1 2026.
How has Cintas's accrued expenses changed year-over-year?
Cintas's accrued expenses increased by 3.3% year-over-year, from $229.54M to $237.04M.
What is the long-term trend for Cintas's accrued expenses?
Over 5 years (2021 to 2026), Cintas's accrued expenses has grown at a -0.4% compound annual growth rate (CAGR), from $241.47M to $237.04M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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