What is the ROCE (Return on Capital Employed) of Cintas this year?
The ROCE of Cintas is 0.47 undefined this year.
Cintas ROCE 2024
Cintas ROCE
0.47
Cintas Dividend yield
0.75 %
Ticker
CTAS
ISIN
US1729081059
WKN
880205
In 2024, Cintas's return on capital employed (ROCE) was 0.47, a -2.77% increase from the 0.48 ROCE 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.
ROCE Details
Unraveling Cintas's Return on Capital Employed (ROCE)
Cintas's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Cintas's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Cintas's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Cintas’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Cintas Stock
How has the ROCE (Return on Capital Employed) of Cintas developed compared to the previous year?
The ROCE of Cintas has increased by -2.77% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Cintas?
A high Return on Capital Employed (ROCE) indicates that Cintas has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Cintas?
A low ROCE (Return on Capital Employed) can indicate that Cintas has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Cintas impact the company?
An increase in the ROCE of Cintas can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Cintas affect the company?
A decrease in ROCE of Cintas can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Cintas?
Some factors that can affect Cintas's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Cintas so important for investors?
The ROCE of Cintas is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Cintas take to improve the ROCE?
To improve the ROCE, Cintas can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 0.75 %. For the coming 12 months, Cintas is expected to pay a dividend of 6.21 USD.
What is the dividend yield of Cintas?
The current dividend yield of Cintas is 0.75 %.
When does Cintas pay dividends?
Cintas pays a quarterly dividend. This is distributed in the months of September, December, March, June.
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 6.21 USD are expected. This corresponds to a dividend yield of 0.93 %.
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 6/14/2024 amounting to 1.35 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.
When did Cintas pay the last dividend?
The last dividend was paid out on 6/14/2024.
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.
