Cintas Corporation stock research
FY2025 Q1
Cintas (CTAS) Gross Margin — Quarter Ended Aug 31, 2024
For the current quarter, gross profit is the difference between revenue and cost of revenue, resulting in a gross margin that is slightly more than half of revenue. Revenue is unchanged from the prior quarter and higher than the same quarter one year earlier.
Gross margin takeaway
Quarter ended Aug 31, 2024 · FY2025 Q1
For the current quarter, gross profit is the difference between revenue and cost of revenue, resulting in a gross margin that is slightly more than half of revenue. Revenue is unchanged from the prior quarter and higher than the same quarter one year earlier.
- The primary driver of gross margin is the relationship between cost of revenue and revenue. With revenue stable sequentially, any change in cost of revenue would directly affect the margin.
- Revenue remained level compared to the immediately preceding quarter and increased compared to the same quarter one year earlier. No prior gross margin data is available for comparison.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
50.1%
Gross profit
$1.3B
Revenue
$2.5B
Cost of revenue
$1.2B
Quarter-over-quarter change
n/a
Year-over-year change
n/a
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Aug 31, 2024 | $2.5B | $1.3B | $1.2B | 50.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Previous quarter unavailable
n/a
Year-over-year change
Aug 31, 2023
n/a
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary driver of gross margin is the relationship between cost of revenue and revenue. With revenue stable sequentially, any change in cost of revenue would directly affect the margin.
Revenue remained level compared to the immediately preceding quarter and increased compared to the same quarter one year earlier. No prior gross margin data is available for comparison.
Monitor the cost of revenue trend relative to revenue, as it is the key component affecting gross margin.