earnings
confidence high
sentiment positive
materiality 0.85
Cintas Q4 revenue $1.84B, EPS $2.47 up 83%; guides FY22 revenue $7.53-7.63B, EPS $10.35-10.75
CINTAS CORP
2021-FY EPS reported
$10.24
revenue$7,116,340,000
- Q4 revenue $1.84B (+13.6% YoY); organic growth 11.5%; Uniform Rental +13.7%, First Aid & Safety -6.8%.
- Q4 diluted EPS $2.47 vs $1.35; net income $267.7M vs $144.6M; operating margin 19.4% vs 12.8%.
- FY21 revenue $7.12B (flat vs $7.09B); diluted EPS $10.24 vs $8.11; free cash flow $1.22B, up 14.7%.
- FY22 guidance: revenue $7.53-7.63B, diluted EPS $10.35-10.75; higher tax rate (19.5-20.5%) reduces EPS by ~$0.85.
- Repurchased $979M of stock in Q4 and early FY22; paid $79.2M in quarterly dividends on June 15.