Cintas Financials

CTAS Stock  USD 224.05  2.42  1.07%   
Based on the key indicators related to Cintas' liquidity, profitability, solvency, and operating efficiency, Cintas is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Cintas' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (8.3 B). Key indicators impacting Cintas' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.170.1638
Sufficiently Up
Slightly volatile
Return On Assets0.180.1714
Sufficiently Up
Slightly volatile
Return On Equity0.380.3641
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.40.5841
Way Down
Very volatile
Operating Income2.2 B2.1 B
Sufficiently Up
Slightly volatile
Current Ratio3.031.742
Way Up
Slightly volatile
Investors should never underestimate Cintas' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cintas' cash flow, debt, and profitability to make informed and accurate decisions about investing in Cintas.

Net Income

1.65 Billion

  
Understanding current and past Cintas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cintas' financial statements are interrelated, with each one affecting the others. For example, an increase in Cintas' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cintas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cintas. Check Cintas' Beneish M Score to see the likelihood of Cintas' management manipulating its earnings.

Cintas Stock Summary

Cintas competes with Dolby Laboratories, Relx PLC, ABIVAX Société, Pinnacle Sherman, and Morningstar Unconstrained. Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio. Cintas Corp operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 43000 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1729081059
CUSIP172908105
LocationOhio; U.S.A
Business Address6800 Cintas Boulevard,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.cintas.com
Phone513 459 1200
CurrencyUSD - US Dollar

Cintas Key Financial Ratios

Cintas Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.2B8.1B8.5B8.9B9.3B
Other Current Liab611.2M738.1M760.4M871.6M929.7M976.2M
Net Debt2.6B2.2B2.9B2.5B2.3B2.4B
Retained Earnings7.3B7.9B8.7B9.6B10.6B11.1B
Cash145.4M493.6M90.5M124.1M342.0M359.1M
Net Receivables870.4M924.0M1.0B1.2B1.2B1.3B
Inventory1.2B1.3B1.4B1.5B410.2M426.8M
Other Current Assets114.6M133.8M124.7M142.8M1.2B1.2B
Total Liab4.4B4.5B4.8B4.7B4.6B4.8B
Total Current Assets2.3B2.8B2.6B2.9B3.2B3.3B
Short Term Debt43.0M942.9M399.3M43.7M541.0M568.1M
Accounts Payable231.0M230.8M251.5M302.3M339.2M356.1M
Common Stock1.1B1.4B1.8B2.0B2.3B2.4B
Other Assets450.9M560.3M344.1M(1.7B)(1.5B)(1.5B)
Long Term Debt2.5B1.6B2.5B2.5B2.0B1.5B
Good Will2.9B2.9B3.0B3.1B3.2B2.0B
Intangible Assets451.5M408.4M391.6M346.6M321.9M273.3M
Treasury Stock(4.7B)(5.2B)(5.7B)(7.3B)(6.6B)(6.2B)
Other Liab732.3M721.4M779.7M793.2M912.2M957.8M
Net Tangible Assets(86.3M)279.4M(126.4M)461.2M415.1M435.8M
Long Term Debt Total2.5B1.6B2.5B2.5B2.9B2.1B
Capital Surpluse245.2M227.9M171.5M98.9M113.7M177.7M

Cintas Key Income Statement Accounts

The reason investors look at the income statement is to determine what Cintas' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense105.4M98.2M88.8M111.2M100.7M105.8M
Total Revenue7.1B7.1B7.9B8.8B9.6B10.1B
Gross Profit3.2B3.3B3.6B4.2B4.7B4.9B
Operating Income1.2B1.4B1.6B1.8B2.1B2.2B
Ebit1.2B1.4B1.6B1.8B2.1B2.2B
Ebitda1.5B1.8B2.0B2.2B2.5B2.7B
Cost Of Revenue3.9B3.8B4.2B4.6B4.9B5.2B
Income Before Tax1.1B1.3B1.5B1.7B2.0B2.1B
Net Income876.0M1.1B1.2B1.3B1.6B1.7B
Income Tax Expense181.9M176.8M263.0M345.1M402.0M422.1M
Research Development21.5M22.3M23.5M24.5M26.6M27.9M
Tax Provision181.9M176.8M263.0M345.1M402.0M260.8M
Interest Income988K467K242K1.7M5.7M9.5M
Net Interest Income(104.4M)(97.7M)(88.6M)(109.5M)(95.0M)(99.7M)

Cintas Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(74.8M)(75.5M)16.2M(35.7M)95.8M100.6M
Change In Cash48.8M348.2M(403.2M)33.7M217.9M228.8M
Free Cash Flow1.1B1.2B1.3B1.3B1.7B1.8B
Depreciation379.1M388.0M399.7M409.2M442.4M464.5M
Other Non Cash Items9.2M(16.9M)(42.3M)1.1B966.4M1.0B
Dividends Paid268.0M451.3M375.1M449.9M530.9M557.5M
Capital Expenditures230.3M143.5M240.7M331.1M409.5M429.9M
Net Income876.0M1.1B1.2B1.3B1.6B1.7B
End Period Cash Flow145.4M493.6M90.5M124.1M342.0M359.1M
Change To Netincome108.4M52.9M119.1M126.9M145.9M153.2M
Investments(10.0M)(4.3M)(6.1M)(388.7M)(608.6M)(578.2M)
Change Receivables39.7M(32.6M)(100.4M)(151.8M)(136.6M)(129.8M)
Net Borrowings312.5M(312.5M)251.7M(311.2M)(280.1M)(266.1M)

Cintas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cintas's current stock value. Our valuation model uses many indicators to compare Cintas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cintas competition to find correlations between indicators driving Cintas's intrinsic value. More Info.
Cintas is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cintas is roughly  2.70 . At this time, Cintas' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cintas by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cintas Systematic Risk

Cintas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cintas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cintas correlated with the market. If Beta is less than 0 Cintas generally moves in the opposite direction as compared to the market. If Cintas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cintas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cintas is generally in the same direction as the market. If Beta > 1 Cintas moves generally in the same direction as, but more than the movement of the benchmark.

Cintas Thematic Clasifications

Cintas is part of several thematic ideas from Apparel to Hedge Favorites. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Cintas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cintas' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cintas growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.09

At this time, Cintas' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Cintas November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cintas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cintas. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cintas based on widely used predictive technical indicators. In general, we focus on analyzing Cintas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cintas's daily price indicators and compare them against related drivers.

Additional Tools for Cintas Stock Analysis

When running Cintas' price analysis, check to measure Cintas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.