Cintas Corp
CTAS
ISIN US1729081059 / Valor 918495
Cintas Corp
UMushroom community rating:
About company
Cintas Corp is a Fortune 500 company that provides a wide range of products and services, including uniform rental, facility services, and first aid and safety solutions. The company recently made its largest acquisition to date, G&K Services, which significantly increased its rental revenue. With annual revenue surpassing $5 billion, Cintas continues to expand its business operations and partnerships. In response to the COVID-19 pandemic, the company launched the Total Clean Program to help combat the spread of the virus. Additionally, Cintas has a national partnership with the American Diabetes Association® (ADA) and has made strategic decisions to divest certain business operations to focus on core areas of growth.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (20.08.2024):
Revenue Growth
Cintas Corp's total revenue for the three months ended May 31, 2024, was $2,470,935,000, reflecting an 8.2% increase from the $2,284,471,000 reported in the same period of the previous year. This growth was driven by a 7.8% increase in uniform rental and facility services revenue and a 9.5% increase in other revenue.
Operating Income
For the three months ended May 31, 2024, Cintas Corp reported an operating income of $547,594,000, a 16.3% increase compared to $470,798,000 in the same quarter of the previous year. This improvement was primarily due to higher revenue and effective cost management.
Net Income
Cintas Corp's net income for the three months ended May 31, 2024, was $414,315,000, up 19.7% from $346,201,000 in the same period of the previous year. The increase in net income was supported by higher operating income and a favorable interest income/expense balance.
Earnings Per Share
For the three months ended May 31, 2024, Cintas Corp reported basic earnings per share of $4.06 and diluted earnings per share of $3.99. This represents a 19.8% increase from the basic earnings per share of $3.39 and diluted earnings per share of $3.33 reported in the same quarter of the previous year.
Annual Revenue
For the twelve months ended May 31, 2024, Cintas Corp's total revenue was $9,596,615,000, an 8.9% increase from $8,815,769,000 in the previous year. This growth was driven by an 8.2% increase in uniform rental and facility services revenue and an 11.1% increase in other revenue.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
84749 M
Market cap (USD)
610,819
Daily traded volume (Shares)
212.24 / 209.8
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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