v3.25.4

Earnings Per Share (Tables)

6 Months Ended

Nov. 30, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares:

			Three Months Ended															Six Months Ended
Basic Earnings per Share (In thousands except per share data)			November 30, 2025						November 30, 2024									November 30, 2025						November 30, 2024
Net income			$	495,343					$	448,495								$	986,483					$	900,528
Less: net income allocated to participating securities			1,606						1,585									3,186						3,182
Net income available to common shareholders			$	493,737					$	446,910								$	983,297					$	897,346
Basic weighted average common shares outstanding			401,484						403,581									402,391						403,489
Basic earnings per share			$	1.23					$	1.11								$	2.44					$	2.22

			Three Months Ended															Six Months Ended
			Diluted Earnings per Share (In thousands except per share data)			November 30, 2025						November 30, 2024									November 30, 2025						November 30, 2024
Net income			$	495,343					$	448,495								$	986,483					$	900,528
Less: net income allocated to participating securities			1,606						1,585									3,186						3,182
Net income available to common shareholders			$	493,737					$	446,910								$	983,297					$	897,346
Basic weighted average common shares outstanding			401,484						403,581									402,391						403,489
Effect of dilutive securities – employee stock options			4,949						7,086									5,483						7,124
Diluted weighted average common shares outstanding			406,433						410,667									407,874						410,613
Diluted earnings per share			$	1.21					$	1.09								$	2.41					$	2.19

Schedule of Buyback Activity by Program

The following table summarizes the share buyback activity by program and period:

			Three Months Ended																					Six Months Ended
			November 30, 2025																					November 30, 2025
Buyback Activity (In thousands except per share data)			Shares						Avg. Price per Share						Purchase Price									Shares						Avg. Price per Share						Purchase Price
July 26, 2022			569						$	199.39					$	113,550								1,272						$	207.13					$	263,564
July 23, 2024			2,668						189.37						505,209									2,668						189.37						505,209
October 28, 2025			—						—						—									—						—						—
			3,237						$	191.13					$	618,759								3,940						$	195.10					$	768,773
Shares acquired for taxes due (1)			88						$	191.35					$	16,811								608						$	218.46					$	132,894
Total repurchase of Cintas common stock															$	635,570																				$	901,667
			Three Months Ended																					Six Months Ended
			November 30, 2024																					November 30, 2024
Buyback Activity (In thousands except per share data)			Shares						Avg. Price per Share						Purchase Price									Shares						Avg. Price per Share						Purchase Price
July 26, 2022			—						$	—					$	—								2,732						$	173.40					$	473,617
July 23, 2024			—						—						—									—						—						—
			—						$	—					$	—								2,732						$	173.40					$	473,617
Shares acquired for taxes due (1)			174						$	211.44					$	36,716								918						$	193.79					$	177,901
Total repurchase of Cintas common stock															$	36,716																				$	651,518

(1) Shares of Cintas common stock acquired for employee payroll taxes due on options exercised and vested restricted stock awards.

The following table summarizes Cintas' non-cash share buyback activity:

			Three Months Ended																					Six Months Ended
			November 30, 2025																					November 30, 2025
(In thousands except per share data)			Shares						Avg. Price per Share						Non-Cash Value									Shares						Avg. Price per Share						Non-Cash Value
Non-cash transaction activity			90						$	190.66					$	17,070								394						$	215.11					$	84,651
			Three Months Ended																					Six Months Ended
			November 30, 2024																					November 30, 2024
			Shares						Avg. Price per Share						Non-Cash Value									Shares						Avg. Price per Share						Non-Cash Value
Non-cash transaction activity			122						$	210.76					$	25,829								529						$	193.79					$	102,653

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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