CINTAS CORP
For the period ended May 31, 2024. Filed Jul 25, 2024.
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FY2024 · Filed Jul 25, 2024
CTAS$223.16+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| ConsolidatedBalance Sheets | As of May 31, | |
|---|---|---|
| (In thousands except share data) | 2024 | 2023 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $342,015 | $124,149 |
| Accounts receivable, principally trade, less allowance of $17,914 and $14,926, respectively | 1,244,182 | 1,152,993 |
| Inventories, net | 410,201 | 506,604 |
| Uniforms and other rental items in service | 1,040,144 | 1,011,918 |
| Prepaid expenses and other current assets | 148,665 | 142,795 |
| Total current assets | 3,185,207 | 2,938,459 |
| Property and equipment, net | 1,534,168 | 1,396,476 |
| Investments | 302,212 | 247,191 |
| Goodwill | 3,212,424 | 3,056,201 |
| Service contracts, net | 321,902 | 346,574 |
| Operating lease right-of-use assets, net | 187,953 | 178,464 |
| Other assets, net | 424,951 | 382,991 |
| $9,168,817 | $8,546,356 | |
| Liabilities and Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $339,166 | $302,292 |
| Accrued compensation and related liabilities | 214,130 | 239,086 |
| Accrued liabilities | 761,283 | 632,504 |
| Income taxes, current | 18,618 | 12,470 |
| Operating lease liabilities, current | 45,727 | 43,710 |
| Debt due within one year | 449,595 | — |
| Total current liabilities | 1,828,519 | 1,230,062 |
| Long-term liabilities: | ||
| Debt due after one year | 2,025,934 | 2,486,405 |
| Deferred income taxes | 475,512 | 498,356 |
| Operating lease liabilities | 146,824 | 138,278 |
| Accrued liabilities | 375,656 | 329,269 |
| Total long-term liabilities | 3,023,926 | 3,452,308 |
| Shareholders' equity: | ||
| Preferred stock, no par value:100,000 shares authorized, none outstanding | — | — |
| Common stock, no par value, and paid-in capital:425,000,000 shares authorized2024: 193,274,296 shares issued and 101,251,994 shares outstanding2023: 192,198,938 shares issued and 101,732,148 shares outstanding | 2,305,301 | 2,031,542 |
| Retained earnings | 10,617,955 | 9,597,315 |
| Treasury stock:2024: 92,022,302 shares2023: 90,466,790 shares | (8,698,085) | (7,842,649) |
| Accumulated other comprehensive income | 91,201 | 77,778 |
| Total shareholders' equity | 4,316,372 | 3,863,986 |
| $9,168,817 | $8,546,356 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.