Cintas (CTAS) Revenue — Quarter Ended May 31, 2023
Revenue for the quarter grew compared to the prior quarter. It also rose compared to the same period a year ago.
Key takeaway
Quarter ended May 31, 2023 · FY2023 Q4
Revenue for the quarter grew compared to the prior quarter. It also rose compared to the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2022 | $2.2B | +14.2% |
| Nov 30, 2022 | $2.2B | +13.1% |
| Feb 28, 2023 | $2.2B | +11.7% |
| May 31, 2023 | $2.3B | +10.1% |
Revenue performance
The sequential revenue increase reflects continued business momentum. The year-over-year gain further underscores the company's growth trajectory.
Quarterly comparison
This quarter's revenue was higher than both the immediately preceding quarter and the same quarter one year earlier.
What to watch
Monitor the company's operating cash flow, which increased year over year, as an indicator of liquidity strength.