Non-Current Assets

Service contracts, net

Cintas Service contracts, net decreased by 3.7% to $286.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $315.34M to $286.75M. Over 4 years (FY 2021 to FY 2025), Service contracts, net shows a downward trend with a -6.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

Higher values indicate significant investment in inorganic growth through the acquisition of customer portfolios.

Detailed definition

This represents the capitalized value of acquired service contracts or customer relationships that have a finite useful...

Peer comparison

Specific to service-based companies that grow through acquisitions; peers are compared based on contract retention and amortization.

Metric ID: non_current_assets_service_contracts_finite_lived_intang_022383

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$403.98M$391.61M$402.37M$391.64M$379.38M$367.61M$357.15M$346.57M$340.27M$329.51M$335.86M$321.90M$311.20M$323.50M$315.34M$309.83M$298.03M$297.73M$286.75M
QoQ Change-3.1%+2.7%-2.7%-3.1%-3.1%-2.8%-3.0%-1.8%-3.2%+1.9%-4.2%-3.3%+4.0%-2.5%-1.7%-3.8%-0.1%-3.7%
YoY Change-6.1%-6.1%-11.2%-11.5%-10.3%-10.4%-6.0%-7.1%-8.5%-1.8%-6.1%-3.8%-4.2%-8.0%-9.1%
Range$286.75M$403.98M
CAGR-7.3%
Avg YoY Growth-7.3%
Median YoY Growth-7.1%
Current Streak5 quarters decline

Frequently Asked Questions

What is Cintas's service contracts, net?
Cintas (CTAS) reported service contracts, net of $286.75M in Q4 2025.
How has Cintas's service contracts, net changed year-over-year?
Cintas's service contracts, net decreased by 9.1% year-over-year, from $315.34M to $286.75M.
What is the long-term trend for Cintas's service contracts, net?
Over 4 years (2021 to 2025), Cintas's service contracts, net has grown at a -6.7% compound annual growth rate (CAGR), from $408.45M to $309.83M.
What does service contracts, net mean?
The value of acquired customer contracts that will be recognized over time.