| Schedule of Information Related to Operating Segments |
Information related to the operations of Cintas' reportable operating segments and All Other is set forth below: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Uniform Rental and Facility Services | | First Aid and Safety Services | | All Other | | Corporate (1) | | Total | | May 31, 2026 | | | | | | | | | | | Revenue | $ | 8,621,624 | | | $ | 1,391,853 | | | $ | 1,251,284 | | | $ | — | | | $ | 11,264,761 | | | Cost of sales | 4,312,097 | | | 589,370 | | | 655,501 | | | — | | | 5,556,968 | | | Gross margin | 4,309,527 | | | 802,483 | | | 595,783 | | | — | | | 5,707,793 | | | Selling and administrative expenses | 2,232,515 | | | 449,084 | | | 404,546 | | | — | | | 3,086,145 | | | UniFirst transaction expenses | — | | | — | | | — | | | 15,136 | | | 15,136 | | | Operating income (loss) | $ | 2,077,012 | | | $ | 353,399 | | | $ | 191,237 | | | $ | (15,136) | | | $ | 2,606,512 | | | | | | | | | | | | | | | | | | | | | | | Depreciation and amortization | $ | 412,392 | | | $ | 72,922 | | | $ | 27,532 | | | $ | — | | | $ | 512,846 | | | Capital expenditures | $ | 279,432 | | | $ | 59,011 | | | $ | 56,662 | | | $ | — | | | $ | 395,105 | | | Total assets | $ | 8,346,410 | | | $ | 939,217 | | | $ | 954,495 | | | $ | 289,018 | | | $ | 10,529,140 | | | | | | | | | | | | | May 31, 2025 | | | | | | | | | | | Revenue | $ | 7,976,073 | | | $ | 1,218,090 | | | $ | 1,146,018 | | | $ | — | | | $ | 10,340,181 | | | Cost of sales | 4,040,888 | | | 521,480 | | | 603,649 | | | — | | | 5,166,017 | | | Gross margin | 3,935,185 | | | 696,610 | | | 542,369 | | | — | | | 5,174,164 | | | Selling and administrative expenses | 2,061,795 | | | 401,882 | | | 350,761 | | | — | | | 2,814,438 | | | Operating income | $ | 1,873,390 | | | $ | 294,728 | | | $ | 191,608 | | | $ | — | | | $ | 2,359,726 | | | | | | | | | | | | | | | | | | | | | | | Depreciation and amortization | $ | 385,360 | | | $ | 86,286 | | | $ | 22,537 | | | $ | — | | | $ | 494,183 | | | Capital expenditures | $ | 301,624 | | | $ | 55,447 | | | $ | 51,813 | | | $ | — | | | $ | 408,884 | | | Total assets | $ | 7,993,720 | | | $ | 810,188 | | | $ | 757,360 | | | $ | 263,973 | | | $ | 9,825,241 | | | | | | | | | | | | | May 31, 2024 | | | | | | | | | | | Revenue | $ | 7,465,199 | | | $ | 1,067,334 | | | $ | 1,064,082 | | | $ | — | | | $ | 9,596,615 | | | Cost of sales | 3,865,071 | | | 474,678 | | | 570,450 | | | — | | | 4,910,199 | | | Gross margin | 3,600,128 | | | 592,656 | | | 493,632 | | | — | | | 4,686,416 | | | Selling and administrative expenses | 1,940,627 | | | 353,503 | | | 323,653 | | | — | | | 2,617,783 | | | Operating income | $ | 1,659,501 | | | $ | 239,153 | | | $ | 169,979 | | | $ | — | | | $ | 2,068,633 | | | | | | | | | | | | | | | | | | | | | | | Depreciation and amortization | $ | 340,426 | | | $ | 81,342 | | | $ | 20,616 | | | $ | — | | | $ | 442,384 | | | Capital expenditures | $ | 261,225 | | | $ | 100,025 | | | $ | 48,219 | | | $ | — | | | $ | 409,469 | | | Total assets | $ | 7,503,043 | | | $ | 730,003 | | | $ | 593,756 | | | $ | 342,015 | | | $ | 9,168,817 | |
(1) Corporate operating loss relates to the UniFirst transaction expenses. Corporate assets represent the consolidated cash balance in all periods presented.
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| Schedule of Reconciliation of Total Segment Operating Income to Net Income |
The following table summarizes a reconciliation of total segment operating income to consolidated net income for the fiscal years ended May 31: | | | | | | | | | | | | | | | | | | | (In thousands) | 2026 | | 2025 | | 2024 | | | | | | | | Total segment operating income | $ | 2,606,512 | | | $ | 2,359,726 | | | $ | 2,068,633 | | | Interest income | (5,107) | | | (5,584) | | | (5,742) | | | Interest expense | 106,285 | | | 101,108 | | | 100,740 | | | Income before income taxes | 2,505,334 | | | 2,264,202 | | | 1,973,635 | | | Income taxes | 505,366 | | | 451,921 | | | 402,043 | | | Net income | $ | 1,999,968 | | | $ | 1,812,281 | | | $ | 1,571,592 | |
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