Cintas (CTAS) Revenue — Quarter Ended Aug 31, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain remained solid.
Key takeaway
Quarter ended Aug 31, 2024 · FY2025 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain remained solid.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.8B
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 |
|---|---|---|
| Nov 30, 2023 | $2.4B | +9.3% |
| Feb 29, 2024 | $2.4B | +9.9% |
| May 31, 2024 | $2.5B | +8.2% |
| Aug 31, 2024 | $2.5B | +6.8% |
Revenue performance
Reported revenue rose from the prior quarter, reflecting continued business momentum. The year-over-year increase was also positive, indicating underlying growth.
Quarterly comparison
Compared to the preceding quarter, revenue was slightly higher. Versus the same quarter one year earlier, revenue showed a notable increase.
What to watch
The year-over-year revenue growth rate has moderated across recent quarters, which may warrant monitoring.