CTAS is a leading supplier of corporate identity uniforms, entrance mats, restroom supplies, promotional products, first aid, safety and fire protection products, and industrial carpet and tile cleaning. The company operates in two segments: Uniform Rental and Facility Services, and First Aid, Safety, and Fire Protection Services. In recent financial statements, CTAS reported total revenue of $7.3 billion, reflecting a growth of 4.7% compared to the previous year. The company's gross profit for the same period was $3.7 billion. EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, was reported at $1.4 billion, while EBIT, or Earnings Before Interest and Taxes, was $1.2 billion.
On the balance sheet side, CTAS has total assets amounting to $11.5 billion, with total liabilities of $8.3 billion. The stockholders' equity, which represents the residual interest in the assets after deducting liabilities, was $3.2 billion. Notably, the company holds cash equivalents of $634 million and has a net debt of $1.8 billion. CTAS generated a positive net income from stockholders of $796 million, demonstrating solid financial performance. Additionally, the company's operating cash flow was reported at $1.4 billion, showcasing strong cash generation from its business operations. The investing cash flow amounted to $-661 million, primarily attributed to capital expenditures and acquisitions. Lastly, CTAS's financing cash flow was $-599 million, reflecting payments for dividends and debt repayments.
CTAS's financials highlight the company's robust financial position and consistent profitability. With its strong revenue growth, solid gross profit, and positive net income, CTAS continues to deliver value to its stockholders. The company's healthy balance sheet, including substantial stockholders' equity and manageable debt levels, provides a stable foundation for future growth initiatives. Furthermore, CTAS's strong cash flow generation allows for reinvestment in the business and the ability to return capital to stockholders. Overall, CTAS's financial performance reflects its position as a leading provider of corporate identity uniforms and related services in the marketplace.
