Cintas Named a Fortune 500 Company for the Seventh Year in a Row
June 10 2024 - 9:00AM
Business Wire
The company's dedication to its more than 1
million customers contributed to improving its position in the
annual rankings by Fortune
For the seventh consecutive year, Cintas Corporation (Nasdaq:
CTAS) has been named to the Fortune 500. Cintas’ position on this
year’s list rose to 437 from a previous ranking of 473 in 2023.
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Cintas is named a Fortune 500 company for
the seventh year in a row. (Photo: Business Wire)
To qualify for the Fortune 500 list, the magazine considers
U.S.-based companies that submit financial statements to a
government agency. Companies are then ranked based on their total
revenues for their respective fiscal years as of January 31,
2024.
Cintas' most recent complete fiscal year was 2023, which ended
on May 31, 2023. During that year, the company recorded revenues of
$8.82 billion, showing a 12.2% increase from its fiscal year 2022
performance of $7.85 billion.
“Maintaining our status as a Fortune 500 company for seven
consecutive years is a testament to our dedicated employee-partners
who consistently exceed our customers’ expectations,” said Todd
Schneider, Cintas President and CEO. “We take great pride in
delivering exceptional solutions to help our customers be ready for
the workday and are thrilled to see that these results place us
among the most successful and admired companies in the
country.”
Cintas concluded its fiscal year 2024 on May 31, 2024, and will
report on the full-year results in July 2024. In the first three
quarters of disclosed FY’24 earnings, Cintas reported revenues of
$7.13 billion. This amount exceeded the equivalent FY’23 revenues
of $6.531 billion by 9.17%.
About Cintas Corporation
Cintas Corporation helps more than one million businesses of all
types and sizes get Ready™ to open their doors with
confidence every day by providing products and services that help
keep their customers’ facilities and employees clean, safe, and
looking their best. With offerings including uniforms, mats, mops,
towels, restroom supplies, workplace water services, first aid and
safety products, eye-wash stations, safety training, fire
extinguishers, sprinkler systems and alarm service, Cintas helps
customers get Ready for the Workday®. Headquartered in
Cincinnati, Cintas is a publicly held Fortune 500 company traded
over the Nasdaq Global Select Market under the symbol CTAS and is a
component of both the Standard & Poor’s 500 Index and
Nasdaq-100 Index.
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Michelle Goret, Cintas Vice President of Corporate Affairs |
goretm@cintas.com, 513-972-4155
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