Cintas Climbs 31 Spots On Fortune 500 List
For the fourth consecutive year, Cintas Corporation (PPAI 303547, D12), which operates as a distributor in the promotional products market, has been named to the Fortune 500, climbing 31 spots to rank at No. 410 on the 2021 list.
The annual list, compiled and maintained by Fortune magazine, ranks American companies by annual revenues. With sales of more than $7.09 billion in its 2020 fiscal year, which ended May 31, 2020, Mason, Ohio-based Cintas jumped from its ranking of No. 441 one year ago. First named to the Fortune 500 in 2018 with revenues of $6.48 billion, Cintas has continued its steady growth year over year.
“Our employee-partners helped us meet the challenges of the past year head-on, and also continued to provide exemplary service and valued products to the many businesses that count on us to help them get ‘Ready for the Workday,’” says Todd Schneider, president and CEO. “It’s always an honor to be recognized among the most successful and respected companies, and we’re continuously striving to improve how we serve businesses.”
As the COVID-19 pandemic began significantly impacting North America during Cintas’ fiscal 2020 fourth quarter, increased demand for critical supplies and services—including soaps, disinfecting solutions, hand sanitizers and cleaning supplies—created strains and shortages in global supply chains. An essential business, Cintas recounts working to be a reliable source of these and other products and services its customers needed.