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Cintas Corporation  (NASDAQ: CTAS)
 
Price: $201.7900 $-2.39 -1.171%
Day's High: $203.6999969482422 Week Perf: -1.45 %
Day's Low: $ 200.67 30 Day Perf: -1.39 %
Volume (M): 1,726,464 52 Wk High: $ 219.17
Volume (M$): $ 0 52 Wk Avg: $188.36
Open: $203.30 52 Wk Low: $161.16



 Market Capitalization (Millions $) 81,668
 Shares Outstanding (Millions) 405
 Employees 48,100
 Revenues (TTM) (Millions $) 11,027
 Net Income (TTM) (Millions $) 1,937
 Cash Flow (TTM) (Millions $) -60
 Capital Exp. (TTM) (Millions $) 414

Business Description


Cintas Corporation Overview

Cintas Corporation is a publicly traded company based in Cincinnati, Ohio, that provides a wide range of services aimed at improving workplace safety, efficiency, and professionalism through various product offerings. The company specializes in supplying corporate identity uniform programs, facility services, first aid and safety products, promotional products, and document management services. Cintas serves over 500,000 businesses across diverse industries throughout North America.

Key Services and Products

1. Uniform Programs: Cintas designs and implements customized uniform rental and sales programs. This includes uniforms tailored specifically for different industries, helping companies present a polished and professional appearance.

2. Facility Services: The company offers a variety of products designed to enhance workplace cleanliness and safety, including entrance mats, restroom supplies, and facility maintenance items.

3. First Aid and Safety: Cintas provides first aid kits, safety training, and compliance services to help businesses uphold workplace safety standards and manage health risks effectively.

4. Promotional Products: The company also produces promotional items that help businesses enhance their brand visibility and engage with customers effectively.

5. Document Management Services: Cintas offers secure document shredding services and solutions for managing sensitive information, assisting businesses in maintaining compliance with data protection regulations.

History and Growth

Cintas was founded in 1968 by Richard T. Farmer, who sought to innovate corporate uniform services by leveraging exclusive fabric technology. In the early 1970s, the company expanded its operations by acquiring the family industrial laundry business, allowing it to further develop its offerings in uniform and facility services.

Over the years, Cintas has grown significantly through organic growth and various acquisitions, broadening its service portfolio and expanding its market presence. This growth has positioned the company as a leader in the integrated business services sector.

Corporate Structure

Cintas Corporation operates under a corporate structure that emphasizes innovation, sustainability, and customer service excellence. The company is publicly traded on the NASDAQ under the ticker symbol CTAS.

Commitment to Sustainability

Cintas is committed to sustainable business practices. This includes initiatives that focus on reducing environmental impact, using eco-friendly materials, and promoting corporate social responsibility among its operations and service offerings.

Recent Developments

Cintas has continued to expand its footprint and enhance its service capabilities. Recent years have seen the company investing in technology to improve service delivery through data analytics, automation, and online customer interfaces. The corporation also continues to focus on enhancing its safety and compliance offerings, which have become increasingly important to businesses in the wake of evolving regulations and health concerns.

With a strong service-oriented culture and a diverse suite of products, Cintas Corporation remains dedicated to helping businesses create safe, efficient, and professional work environments.


   Company Address: 6800 Cintas Boulevard Cincinnati, 45262 OH
   Company Phone Number: 459-1200   Stock Exchange / Ticker: NASDAQ CTAS


Customers Net Income grew by CTAS's Customers Net Profit Margin grew to

147.67 %

5.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SGC   -6.13%    
ARMK   -5.01%    
BRC   -3.95%    
HCSG   -3.55%    
MMM   -4.01%    
UNF   -5.19%    
• View Complete Report
   



Dividend

Cintas Corporation Enhances Shareholder Value with Increased Dividend and New Stock Buyback Authorization

Published Wed, Jul 24 2024 12:06 AM UTC

Cintas Corporation Boosts Dividend and Initiates Stock Buyback Authorization
CINCINNATI - Cintas Corporation (Nasdaq: CTAS), a leader in providing specialized services and products for businesses, has announced a significant increase in its quarterly cash dividend and authorized a new stock buyback program. This move comes as the company s stock has been performing stro...

Dividend

Cintas Corporation Boosts Investor Confidence with Dividend Hike and Share Repurchase Plan

Published Tue, Jul 23 2024 10:57 PM UTC


In a recent press release, Cintas Corporation (Nasdaq: CTAS) announced a significant increase in its quarterly cash dividend, along with a new $1.0 billion stock buyback authorization. These developments reflect the company s commitment to returning capital to shareholders and its strong financial performance.
The Board of Directors of Cintas Corporation approved a ...

Business Update

Cintas Corporation Reports Increase in Revenue and Backlog, Raises Concerns for Future Orders

Published Wed, Jul 3 2024 5:54 PM UTC

Cintas Corporation recently announced its webcast for the fourth quarter and full-year results of fiscal year 2024. Alongside this announcement, the company s corporate customers have experienced a notable increase in their cost of revenue, while revenue at both the corporation and its corporate clients saw varying growth rates. This article explores the implications of thes...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 42.57
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 7.41
Price to Sales (Expected) -
Price to Book 17.06
PEG (TTM) 4.27

Financial Strength Current
Quick Ratio 0.1
Working Capital Ratio 2.04
Leverage Ratio (MRQ) 0.88
Total Debt to Equity 0.55
Interest Coverage (TTM) -
Debt Coverage (TTM) 1.27

Per Share Current
Earnings (TTM) 4.74 $
Revenues (TTM) 27.25 $
Cash Flow (TTM) -
Cash 0.45 $
Book Value 11.83 $
Dividend (TTM) 1.74 $

Efficiency Current
Revenue per Employee (TTM) 229,256
Net Income per Employee (TTM) 40,275
Receivable Turnover Ratio (TTM) 7.61
Inventory Turnover Ratio (TTM) 14.02
Asset Turnover Ratio (TTM) 1.11

Profitability Ratios Current
Gross Margin (MRQ) 50.98 %
Operating Margin (MRQ) 23.22 %
Net Margin (MRQ) 17.68 %
Net Cash Flow Margin (MRQ) -0.62 %
Effective Tax Rate (TTM) 20.35 %

Management Effectiveness Current
Return On Assets (TTM) 19.51 %
Return On Investment (TTM) 27.08 %
Return On Equity (TTM) 40.97 %
Dividend Yield 0.89 %
Pay out Ratio (TTM) 36.71 %



Cintas's Segments
Uniform Rental and Facility Services    303.42 % of total Revenue
First Aid and Safety Services    48.98 % of total Revenue
Fire Protection Services    32.7 % of total Revenue
Uniform Direct Sales    11.34 % of total Revenue
All Other    11.16 % of total Revenue
Other Products and Services    93.02 % of total Revenue
Other Operating    44.04 % of total Revenue





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