Cintas Corporation

NasdaqGS-CTAS

Operating Activities	May '25	Nov '24	May '24	Nov '23	May '23	Nov '22
Net Income	911.8	900.5	811.9	759.7	672	676
Net Income
Depreciation & Amortization	248.9	245.2	240.8	216	218.1	201.3
Depreciation
Amortization of Intangible Assets and Capitalized Contract Costs
Share-Based Compensation Expense	62.5	65.8	63.8	53.2	52.1	51.5
Stock-Based Compensation
Other Adjustments	-24.6	-0.5	-21.8	-7.1	4.7	18.6
Gain on Equity Method Investment Transaction
Gain on Sale of Business
Net Gain on Sale of Operating Assets
Long-Lived Asset Impairment
G&K Services, Inc. Transaction and Integration Costs
Short-Term Debt Financing Fees Included in Net Income
Settlement of Cash Flow Hedges
Deferred Income Taxes
Changes in Trade Receivables	-45.1	-129.1	29.5	-120.9	-17.9	-133.9
Accounts Receivable, Net
Changes in Inventories	-52.7	18.8	63.7	32.1	7.6	-43.3
Inventories, Net
Changes in Accounts Payable	63.7	80.3	21.9	15	-8.1	61.4
Accounts Payable
Changes in Accrued Expenses	189.7	-79.5	187.9	-117.2	105.6	-61.6
Accrued Compensation and Related Liabilities
Accrued Liabilities and Other
Changes in Income Taxes Payable	14.3	-29.6	5.7	0.5	26.1	8.1
Income Taxes, Current
Changes in Other Operating Activities	-110.7	-163.8	-64.6	-101.7	-93.2	-159
Uniforms and Other Rental Items in Service
Prepaid Expenses and Other Current Assets and Capitalized Contract Costs
Cash from Operating Activities	1,257.8	908.1	1,338.9	729.6	967.1	619.1
Net Cash Provided by Operating Activities

Investing Activities	May '25	Nov '24	May '24	Nov '23	May '23	Nov '22
Capital Expenditure	-214.5	-194.3	-208.9	-200.5	-184.7	-146.4
Capital Expenditures
Proceeds from Sale of Property, Plant & Equipment	18.1	5.9	—	—	—	—
Proceeds from Sale of Operating Assets, Net of Cash Disposed
Purchases of Investments	-0.1	-7.1	-0.1	-7.5	0.6	-5.2
Purchases of Investments
Proceeds from Sale of Investments	—	—	—	—	—	—
Proceeds from Redemption of Marketable Securities and Investments
Proceeds from Sale of a Cost Method Investment
Proceeds from Sale of Investment in Shred-It
Payments for Business Acquisitions	-78	-154.9	-112.8	-74	-30.9	-15.5
Acquisitions of Businesses, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	—	—	—
Proceeds from Sale of Business
Other Investing Activities	-0	1.4	0.7	-0.2	4.8	-4.4
Proceeds from Storage Transactions
Proceeds from Shredding Transactions
Other, Net
Cash from Investing Activities	-274.6	-349	-321.1	-282.2	-210.2	-171.4
Net Cash Provided by Investing Activities

Financing Activities	May '25	Nov '24	May '24	Nov '23	May '23	Nov '22
Issuance of Short-Term Debt	-181	181	-210	210	-385.2	124
Issuance of Commercial Paper, Net
Net Issuance / (Repayments) of Short-Term Debt	-181	181	-210	210	-385.2	124
Issuance of Long-Term Debt	398.1	—	—	—	—	—
Proceeds from Issuance of Debt, Net
Repayments of Long-Term Debt	-450	—	—	-13.5	-50	—
Repayment of Debt
Net Issuance / (Repayments) of Long-Term Debt	-51.9	—	—	-13.5	-50	—
Issuance of Common Shares	0.3	0.6	0.4	0.9	0.9	2.1
Proceeds from Exercise of Stock-Based Compensation Awards
Repurchases of Common Shares	-283.3	-651.5	-276.9	-423.1	-50.2	-348.7
Repurchase of Common Stock
Net Issuance / (Repurchases) of Common Shares	-283	-650.9	-276.5	-422.2	-49.3	-346.6
Common Share Dividends Paid	-316.1	-295.6	-275.1	-255.8	-234.9	-215
Dividends Paid
Other Financing Activities	-10.1	-11.4	-0.2	-4.3	-1	-8.8
Debt Issuance Costs
Other, Net
Cash from Financing Activities	-842.1	-776.9	-761.7	-485.8	-720.4	-446.4
Net Cash Provided by Financing Activities