Cintas Financial Statements From 2010 to 2024

CTAS Stock  USD 664.13  2.20  0.33%   
Cintas financial statements provide useful quarterly and yearly information to potential Cintas investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cintas financial statements helps investors assess Cintas' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cintas' valuation are summarized below:
Gross Profit
3.6 B
Profit Margin
0.1598
Market Capitalization
67.6 B
Enterprise Value Revenue
7.4766
Revenue
9.4 B
There are over one hundred nineteen available fundamental signals for Cintas, which can be analyzed over time and compared to other ratios. All traders should validate Cintas' prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 3.4 B in 2024. Enterprise Value is likely to drop to about 3.6 B in 2024

Cintas Total Revenue

10.65 Billion

Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas main balance sheet or income statement drivers, such as Depreciation And Amortization of 496.1 M, Interest Expense of 134.3 M or Selling General Administrative of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 5.14, Dividend Yield of 0.0073 or PTB Ratio of 11.74. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
  
This module can also supplement Cintas' financial leverage analysis and stock options assessment as well as various Cintas Technical models . Check out the analysis of Cintas Correlation against competitors.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Cintas Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.3 B9.8 B6.4 B
Slightly volatile
Short and Long Term Debt Total3.2 B3.1 B2.2 B
Slightly volatile
Other Current Liabilities1.1 BB503 M
Slightly volatile
Total Current Liabilities1.5 B1.4 B982.2 M
Slightly volatile
Total Stockholder Equity4.7 B4.4 B2.8 B
Slightly volatile
Property Plant And Equipment Net1.9 B1.8 B1.2 B
Slightly volatile
Net Debt3.1 B2.9 B1.9 B
Slightly volatile
Retained Earnings11.6 B11 B6.3 B
Slightly volatile
Cash135.5 M142.8 M222.1 M
Slightly volatile
Non Current Assets Total6.8 B6.4 B4.2 B
Slightly volatile
Cash And Short Term Investments181.6 M142.8 M232.8 M
Slightly volatile
Net Receivables1.4 B1.3 B815.3 M
Slightly volatile
Common Stock Shares Outstanding110.4 M93 M111.4 M
Slightly volatile
Liabilities And Stockholders Equity10.3 B9.8 B6.4 B
Slightly volatile
Non Current Liabilities Total4.2 BB2.6 B
Slightly volatile
Inventory1.8 B1.7 BB
Slightly volatile
Other Current Assets183.4 M164.2 M141.5 M
Very volatile
Total Liabilities5.7 B5.4 B3.6 B
Slightly volatile
Property Plant And Equipment Gross1.9 B1.8 B1.2 B
Slightly volatile
Total Current Assets3.5 B3.4 B2.1 B
Slightly volatile
Short Term Debt47.8 M50.3 M432.1 M
Very volatile
Accounts Payable365 M347.6 M196.5 M
Slightly volatile
Common Stock Total Equity2.5 B2.3 B962.1 M
Slightly volatile
Common Stock2.5 B2.3 B962.1 M
Slightly volatile
Other Assets226.6 M395.7 M250.2 M
Slightly volatile
Long Term DebtB2.9 B1.9 B
Slightly volatile
Property Plant Equipment1.1 B1.6 B1.2 B
Slightly volatile
Good Will1.9 B3.5 B2.2 B
Slightly volatile
Intangible Assets274 M311.9 M322.7 M
Pretty Stable
Other Liabilities957.8 M912.2 M544.3 M
Slightly volatile
Long Term Debt Total2.1 B2.9 B1.9 B
Slightly volatile
Capital Surpluse177.7 M113.7 M151.1 M
Very volatile
Non Current Liabilities Other299.6 M537.7 M291.9 M
Slightly volatile
Long Term Investments194 M222.5 M281.1 M
Slightly volatile
Short and Long Term Debt266.4 M280.4 M862.2 M
Slightly volatile
Net Invested Capital6.5 B7.3 B5.8 B
Slightly volatile
Net Working Capital1.3 BB1.1 B
Slightly volatile
Capital Stock1.6 B2.3 B1.2 B
Slightly volatile
Capital Lease Obligations191.2 M209.3 M172.5 M
Slightly volatile

Cintas Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization496.1 M472.5 M284.1 M
Slightly volatile
Selling General Administrative2.9 B2.7 B1.7 B
Slightly volatile
Total Revenue10.6 B10.1 B6.2 B
Slightly volatile
Gross ProfitB4.8 B2.8 B
Slightly volatile
Other Operating Expenses8.5 B8.1 B5.1 B
Slightly volatile
Operating Income2.2 B2.1 B1.1 B
Slightly volatile
EBIT2.2 B2.1 B1.1 B
Slightly volatile
EBITDA2.7 B2.5 B1.4 B
Slightly volatile
Cost Of Revenue5.6 B5.3 B3.4 B
Slightly volatile
Total Operating Expenses2.9 B2.7 B1.7 B
Slightly volatile
Income Before TaxB1.9 BB
Slightly volatile
Net Income1.6 B1.6 B805.3 M
Slightly volatile
Income Tax Expense416.8 M396.9 M226.2 M
Slightly volatile
Net Income Applicable To Common Shares1.6 B1.6 B816.5 M
Slightly volatile
Net Income From Continuing Ops811.7 M1.6 B797 M
Slightly volatile
Non Operating Income Net Other1.5 M1.5 M14.5 M
Pretty Stable
Non Recurring12.3 M13 M37 M
Slightly volatile
Tax Provision240.6 M396.9 M237.2 M
Pretty Stable
Interest Income1.5 M1.5 M19.2 M
Slightly volatile
Extraordinary Items920.8 K969.3 K42.4 M
Pretty Stable
Reconciled Depreciation379 M470.5 M296.1 M
Slightly volatile

Cintas Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation125.1 M119.2 M81.8 M
Slightly volatile
Free Cash Flow1.5 B1.5 B765.7 M
Slightly volatile
Begin Period Cash Flow144.2 M104 M239.1 M
Slightly volatile
Depreciation494.1 M470.5 M283 M
Slightly volatile
Dividends Paid543.3 M517.4 M247.2 M
Slightly volatile
Capital Expenditures399.8 M380.8 M239 M
Slightly volatile
Total Cash From Operating Activities1.9 B1.8 BB
Slightly volatile
Net Income1.6 B1.6 B806.3 M
Slightly volatile
End Period Cash Flow147.9 M142.8 M221.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.144.93.3114
Slightly volatile
Dividend Yield0.00730.00840.0109
Slightly volatile
PTB Ratio11.7411.187.3366
Slightly volatile
Days Sales Outstanding35.9542.9646.7591
Pretty Stable
Book Value Per Share35.9234.2124.7867
Slightly volatile
Free Cash Flow Yield0.02830.02380.0358
Slightly volatile
Invested Capital0.440.620.8501
Very volatile
Operating Cash Flow Per Share14.8514.158.9471
Slightly volatile
Stock Based Compensation To Revenue0.00760.01060.0118
Slightly volatile
PB Ratio11.7411.187.3366
Slightly volatile
EV To Sales5.425.163.6013
Slightly volatile
Free Cash Flow Per Share11.7811.226.8323
Slightly volatile
ROIC0.10.20.1399
Slightly volatile
Inventory Turnover3.343.523.9914
Slightly volatile
Net Income Per Share12.5311.947.1826
Slightly volatile
Days Of Inventory On Hand113107102
Slightly volatile
Payables Turnover16.913.8218.1342
Slightly volatile
Sales General And Administrative To Revenue0.210.270.2783
Very volatile
Research And Ddevelopement To Revenue0.00330.00320.0031
Pretty Stable
Cash Per Share1.011.12.0063
Slightly volatile
POCF Ratio22.0834.5420.4844
Slightly volatile
Interest Coverage8.6214.5911.3507
Slightly volatile
Payout Ratio0.180.30.2722
Pretty Stable
PFCF Ratio77.3643.5757.5847
Slightly volatile
Days Payables Outstanding20.327.3320.7126
Slightly volatile
Income Quality1.611.361.3755
Pretty Stable
ROE0.330.310.2629
Slightly volatile
EV To Operating Cash Flow23.8236.3722.4617
Slightly volatile
PE Ratio30.0140.9426.7963
Slightly volatile
Return On Tangible Assets0.250.240.1912
Slightly volatile
EV To Free Cash Flow82.0545.8862.3673
Slightly volatile
Earnings Yield0.03220.02530.0406
Slightly volatile
Intangibles To Total Assets0.30.360.3791
Pretty Stable
Net Debt To EBITDA0.821.031.3489
Very volatile
Current Ratio3.062.752.426
Pretty Stable
Receivables Turnover9.258.798.0429
Pretty Stable
Graham Number10195.8562.7048
Slightly volatile
Shareholders Equity Per Share35.9234.2124.7867
Slightly volatile
Debt To Equity0.440.620.8501
Very volatile
Revenue Per Share81.9678.0654.9799
Slightly volatile
Interest Debt Per Share25.8424.6122.489
Slightly volatile
Debt To Assets0.220.280.3743
Pretty Stable
Enterprise Value Over EBITDA11.2920.5515.5886
Slightly volatile
Short Term Coverage Ratios31.2532.995.3077
Pretty Stable
Price Earnings Ratio30.0140.9426.7963
Slightly volatile
Operating Cycle86.94150145
Pretty Stable
Price Book Value Ratio11.7411.187.3366
Slightly volatile
Days Of Payables Outstanding20.327.3320.7126
Slightly volatile
Dividend Payout Ratio0.180.30.2722
Pretty Stable
Price To Operating Cash Flows Ratio22.0834.5420.4844
Slightly volatile
Price To Free Cash Flows Ratio77.3643.5757.5847
Slightly volatile
Pretax Profit Margin0.170.220.1561
Slightly volatile
Ebt Per Ebit1.021.080.9483
Slightly volatile
Operating Profit Margin0.180.240.1675
Slightly volatile
Effective Tax Rate0.370.230.279
Slightly volatile
Company Equity Multiplier1.481.992.1916
Very volatile
Long Term Debt To Capitalization0.240.360.3941
Pretty Stable
Total Debt To Capitalization0.260.370.4401
Pretty Stable
Return On Capital Employed0.210.280.194
Slightly volatile
Debt Equity Ratio0.440.620.8501
Very volatile
Ebit Per Revenue0.180.240.1675
Slightly volatile
Quick Ratio1.10.931.2221
Slightly volatile
Net Income Per E B T0.540.720.7424
Pretty Stable
Cash Ratio0.110.120.3695
Slightly volatile
Cash Conversion Cycle73.73129126
Pretty Stable
Operating Cash Flow Sales Ratio0.110.160.148
Slightly volatile
Days Of Inventory Outstanding113107102
Slightly volatile
Days Of Sales Outstanding35.9542.9646.7591
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.440.710.6492
Slightly volatile
Cash Flow Coverage Ratios0.670.690.464
Pretty Stable
Price To Book Ratio11.7411.187.3366
Slightly volatile
Fixed Asset Turnover2.985.044.6096
Pretty Stable
Price Cash Flow Ratio22.0834.5420.4844
Slightly volatile
Enterprise Value Multiple11.2920.5515.5886
Slightly volatile
Debt Ratio0.220.280.3743
Pretty Stable
Cash Flow To Debt Ratio0.670.690.464
Pretty Stable
Price Sales Ratio5.144.93.3114
Slightly volatile
Return On Assets0.080.140.1117
Slightly volatile
Asset Turnover1.131.190.9964
Pretty Stable
Net Profit Margin0.07980.140.1144
Slightly volatile
Gross Profit Margin0.480.540.4523
Slightly volatile
Price Fair Value11.7411.187.3366
Slightly volatile
Return On Equity0.330.310.2629
Slightly volatile

Cintas Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.4 B5.5 B5.5 B
Pretty Stable
Enterprise Value3.6 B6.3 B6.3 B
Pretty Stable

Cintas Fundamental Market Drivers

Forward Price Earnings41.1523
Cash And Short Term Investments124.1 M

Cintas Upcoming Events

3rd of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
11th of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

About Cintas Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cintas income statement, its balance sheet, and the statement of cash flows. Cintas investors use historical funamental indicators, such as Cintas's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cintas investors may use each financial statement separately, they are all related. The changes in Cintas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cintas's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cintas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cintas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue426.4 M447.7 M
Total Revenue10.1 B10.6 B
Cost Of Revenue5.3 B5.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.27  0.21 
Research And Ddevelopement To Revenue 0  0 
Capex To Revenue(0.03)(0.04)
Revenue Per Share 78.06  81.96 
Ebit Per Revenue 0.24  0.18 

Cintas Investors Sentiment

The influence of Cintas' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cintas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cintas' public news can be used to forecast risks associated with an investment in Cintas. The trend in average sentiment can be used to explain how an investor holding Cintas can time the market purely based on public headlines and social activities around Cintas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cintas' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cintas' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cintas' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cintas.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cintas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cintas' short interest history, or implied volatility extrapolated from Cintas options trading.

Pair Trading with Cintas

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cintas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cintas will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cintas Stock

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Moving against Cintas Stock

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The ability to find closely correlated positions to Cintas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cintas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cintas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cintas to buy it.
The correlation of Cintas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cintas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cintas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cintas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cintas is a strong investment it is important to analyze Cintas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cintas' future performance. For an informed investment choice regarding Cintas Stock, refer to the following important reports:
Check out the analysis of Cintas Correlation against competitors.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.
Note that the Cintas information on this page should be used as a complementary analysis to other Cintas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Cintas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cintas. If investors know Cintas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cintas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.223
Dividend Share
5.2
Earnings Share
14.48
Revenue Per Share
92.516
Quarterly Revenue Growth
0.099
The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cintas' market value can be influenced by many factors that don't directly affect Cintas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.