Cintas (CTAS) Revenue — Quarter Ended Feb 29, 2024
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth reflects continued demand for the company's services.
Key takeaway
Quarter ended Feb 29, 2024 · FY2024 Q3
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth reflects continued demand for the company's services.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+9.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.4B
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 |
|---|---|---|
| May 31, 2023 | $2.3B | +10.1% |
| Aug 31, 2023 | $2.3B | +8.1% |
| Nov 30, 2023 | $2.4B | +9.3% |
| Feb 29, 2024 | $2.4B | +9.9% |
Revenue performance
The reported revenue moved upward from the immediately preceding quarter. The year-over-year comparison also showed a strong increase.
Quarterly comparison
Compared to the prior quarter, revenue improved modestly. On an annual basis, the growth was more pronounced, indicating sustained business momentum.
What to watch
Monitor the company's ability to maintain this revenue growth trajectory in the coming quarters.