What is the ROE (Return on Equity) of Cintas this year?
The ROE of Cintas this year is 0.35 undefined.
Cintas ROE 2024
Cintas ROE
0.35
Cintas Dividend yield
0.75 %
Ticker
CTAS
ISIN
US1729081059
WKN
880205
In 2024, Cintas's return on equity (ROE) was 0.35, a -6.52% increase from the 0.37 ROE 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.
ROE Details
Decoding Cintas's Return on Equity (ROE)
Cintas's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Cintas's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Cintas's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Cintas’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Cintas Stock
How has the Return on Equity (ROE) of Cintas developed compared to the previous year?
The ROE of Cintas has increased by -6.52% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Cintas?
A high ROE indicates that Cintas generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Cintas?
A low ROE can indicate that Cintas is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Cintas affect the company?
A change in ROE (Return on Equity) of Cintas can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Cintas?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Cintas?
Some factors that can influence Cintas's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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.
