CINTAS CORP（CTAS）の決算・業績分析
CINTAS CORPの2025年有価証券報告書をAI分析。売上高$10.3B(+7.7%)。営業利益$2.4B。Consumer Discretionary。
目次
CINTAS CORPの2025年度 業績サマリー
CINTAS CORP（証券コード: CTAS）の2025年度決算・業績分析。売上高は$10.3B（前年比+7.7%）。営業利益は$2.4B（前年比+14.1%）。純利益は$1.8B（前年比+15.3%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
CINTAS CORPの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue grew 10.4% YoY to $7.9B (XBRL), driven by customer penetration and geographic expansion.
- Operating income surged 14.6% YoY to $1.6B (XBRL), with gross margin at 46.2% (XBRL).
- Net income increased 11.2% YoY to $1.2B (XBRL), while $1.9B was returned to shareholders via dividends and buybacks (XBRL).
- ROE reached 33.5% (XBRL), supported by strong profitability and efficient asset utilization (0.96x asset turnover, XBRL).
- Net debt stood at $2.4B (1.2x EBITDA, XBRL), with cash reserves at $124M (XBRL).
CINTAS CORPの売上高変化の要因
- •Total revenue reached $7.9B (XBRL), up 10.4% YoY. Uniform Rental and Facility Services contributed $6.15B (77.8% of revenue, XBRL), driven by increased customer penetration and new product offerings. First Aid and Safety Services grew to $877M (11.1%, XBRL). Revenue growth was supported by geographic expansion and strategic initiatives (10-K). Historical data shows 5-year CAGR of 6.4% for revenue (XBRL), with operating income growing at 13.7% CAGR (XBRL).
CINTAS CORPの営業利益変化の要因
- •Gross profit was $3.6B (46.2% margin, XBRL), with cost of sales at 51.2% of revenue (XBRL). Operating income rose 14.6% YoY to $1.6B (20.2% margin, XBRL), driven by revenue growth and cost management. SG&A expenses increased to 27.3% of revenue (XBRL), up from 26.9% YoY. Net income grew 11.2% YoY to $1.2B (15.7% margin, XBRL).
CINTAS CORPの事業リスクと対応
Macroeconomic factors (inflation, tax changes) could increase costs and reduce demand (10-K).
Rising labor costs and regulatory changes (e.g., overtime rules) may impact profitability (10-K).
Supply chain constraints and material cost fluctuations could raise operating expenses (10-K).
Non-compliance with employment, health, and safety regulations may lead to legal liabilities (10-K).
Cybersecurity threats or data breaches could harm operations and reputation (10-K).
CINTAS CORPの今後の見通し・業績予想
CINTAS CORPの事業内容
Cintas Corp (CTAS) provides cleaning, safety, and uniform services to over one million businesses globally, generating revenue through rental and sale of uniforms, mats, mops, restroom supplies, first aid products, and safety training (10-K). The company operates in three segments: Uniform Rental and Facility Services (77.8% of revenue, XBRL), First Aid and Safety Services (11.1%, XBRL), and All Other (11.1%, XBRL). Key competitive advantages include product quality, service convenience, and geographic scale, though no specific competitors are named (10-K). Customer concentration is low, with no single client exceeding 1% of revenue (10-K).
CINTAS CORPのAI業績分析レポート（2024年度）
Cintas Corp (CTAS) FY2024 Annual Report Analysis
Highlights
Business Overview
Cintas provides cleaning, safety, and uniform services to over one million businesses globally, with no single customer exceeding 1% of revenue (10-K). The company operates in three segments: Uniform Rental and Facility Services (77.8% of revenue, XBRL), First Aid and Safety Services (11.1%, XBRL), and All Other (11.1%, XBRL). Competitive advantages include product quality, service convenience, and geographic scale, though no specific competitors are named (10-K).
Revenue Analysis
Total revenue reached $7.9B (XBRL), up 10.4% YoY. Uniform Rental and Facility Services contributed $6.15B (77.8% of revenue, XBRL), driven by customer penetration and geographic expansion. First Aid and Safety Services grew to $877M (11.1%, XBRL). Historical data shows 5-year CAGR of 6.4% for revenue (XBRL), with operating income growing at 13.7% CAGR (XBRL).
Profitability Analysis
Gross profit was $3.6B (46.2% margin, XBRL), with cost of sales at 51.2% of revenue (XBRL). Operating income rose 14.6% YoY to $1.6B (20.2% margin, XBRL), driven by revenue growth and cost management. SG&A expenses increased to 27.3% of revenue (XBRL), up from 26.9% YoY. Net income grew 11.2% YoY to $1.2B (15.7% margin, XBRL).
Balance Sheet Analysis
Equity ratio was 45.3% (XBRL), with total equity at $3.7B (XBRL). Current ratio stood at 2.39x (XBRL), and net debt was $2.4B (1.2x EBITDA, XBRL). Cash reserves totaled $124M (XBRL). No geographic or segment-specific asset breakdowns were disclosed (XBRL).
Cash Flow Analysis
Operating cash flow was $1.5B (XBRL), exceeding net income of $1.2B (XBRL). Free cash flow (FCF) was $1.3B (XBRL), calculated as $1.5B operating CF minus $241M CapEx (XBRL). Shareholder returns totaled $1.9B (XBRL), including $375M in dividends (XBRL) and $1.5B in share repurchases (XBRL).
Working Capital Analysis
Cash conversion cycle (CCC) was 63 days (XBRL), with receivables at 54 days (XBRL), inventory at 24 days (XBRL), and payables at 14 days (XBRL).
Risks
Outlook
Management guided FY2025 revenue of $8.8B (XBRL), operating income of $1.8B (XBRL), and net income of $1.3B (XBRL). Key growth drivers include existing customer expansion, geographic growth, and strategic acquisitions (10-K).
Consumer Discretionaryの企業一覧
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