What is the Return on Assets (ROA) of Cintas this year?
The Return on Assets (ROA) of Cintas is 0.16 undefined this year.
Cintas ROA 2024
Cintas ROA
0.16
Cintas Dividend yield
0.76 %
Ticker
CTAS
ISIN
US1729081059
WKN
880205
In 2024, Cintas's return on assets (ROA) was 0.16, a 4.08% increase from the 0.15 ROA in the previous year.
Cintas Aktienanalyse
What does Cintas do?
Cintas Corp is a leading supplier of products and services in the field of workplace safety and occupational clothing. The company, based in Cincinnati, Ohio, was founded in 1929 by Richard T. Farmer, who specialized in selling used aprons and towels at the time. Over the years, the company expanded its range of products and services and developed into a diversified provider with a diverse product portfolio. Today, Cintas offers a wide range of products and services, including occupational clothing, hygiene products, protective clothing, disposable items, mats and towels, as well as fire extinguishing products and services. Cintas operates several business segments, including Document Management, First Aid and Safety, Facility Services, and Uniforms and Apparel. In the Document Management division, Cintas provides solutions for data backup and document archiving. The First Aid and Safety division offers first aid kits, safety training, and protective clothing. Facility Services include services such as carpet cleaning, disinfection, and pest control, while the Uniforms and Apparel segment offers occupational clothing for various industries, including hospitality, retail, and healthcare. Cintas has always focused on customer service and operates a network of sales representatives who work closely with customers to develop customized solutions for their needs. In recent years, the company has also invested in the development of new technologies, including RFID tracking systems for occupational clothing and service ware that allow customers to manage their products and services online. Cintas Corp has been listed on NASDAQ since 1983 and generated revenue of $7.1 billion in the fiscal year 2020. The company is popular among investors due to its consistent performance and growth potential and is known for its internal corporate culture, which is characterized by teamwork and a customer-service orientation. Overall, Cintas offers a wide range of products and services for customers in various industries and has established itself as one of the market leaders in the field of workplace safety and occupational clothing over the past decades. The company is expected to continue playing an important role in the world of work and will continue to focus on innovation and customer service. Cintas ist eines der beliebtesten Unternehmen auf Eulerpool.com.Cintas revenue by segment
In the annual report of the Cintas share (US1729081059, 880205, CTAS), it breaks down its revenues into 3 segments: 1. Uniform Rental & Facility Services, 2. All Other, 3. First Aid 6 Safety Services. The Cintas stock (WKN: 880205, ISIN: US1729081059, Ticker Symbol: CTAS) is a leading investment for investors interested in participating in the Industrials sector.
ROA Details
Understanding Cintas's Return on Assets (ROA)
Cintas's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Cintas's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Cintas's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Cintas’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Cintas Stock
What was the ROA of Cintas compared to the previous year?
The ROA of Cintas has increased by 4.08% compared to the previous year.
What consequences do high ROA have for investors of Cintas?
A high ROA is advantageous for investors of Cintas, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Cintas?
A low ROA can be unfavorable for investors of Cintas as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Cintas affect the company?
An increase in ROA of Cintas can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Cintas impact the company?
A reduction in the ROA of Cintas can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Cintas?
Some factors that can influence the ROA of Cintas include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Cintas important for investors?
The ROA of Cintas is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Cintas take to improve ROA?
To improve ROA, Cintas can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Cintas pay?
Over the past 12 months, Cintas paid a dividend of 5 USD . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, Cintas is expected to pay a dividend of 6.28 USD.
What is the dividend yield of Cintas?
The current dividend yield of Cintas is 0.76 %.
When does Cintas pay dividends?
Cintas pays a quarterly dividend. This is distributed in the months of June, September, December, March.
How secure is the dividend of Cintas?
Cintas paid dividends every year for the past 42 years.
What is the dividend of Cintas?
For the upcoming 12 months, dividends amounting to 6.28 USD are expected. This corresponds to a dividend yield of 0.95 %.
In which sector is Cintas located?
Cintas is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cintas kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cintas from 3/15/2024 amounting to 1.35 USD, you needed to have the stock in your portfolio before the ex-date on 2/14/2024.
When did Cintas pay the last dividend?
The last dividend was paid out on 3/15/2024.
What was the dividend of Cintas in the year 2023?
In the year 2023, Cintas distributed 4.2 USD as dividends.
In which currency does Cintas pay out the dividend?
The dividends of Cintas are distributed in USD.
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Andere Kennzahlen von Cintas
Our stock analysis for Cintas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cintas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
