• Cintas average gross margin for 2024 was 49.02%, a 3.31% increase from 2023.
• Cintas average gross margin for 2023 was 47.45%, a 2.31% increase from 2022.
• Cintas average gross margin for 2022 was 46.38%, a 0.06% increase from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.