Cintas Corporation (CTAS)
Profitability ratios
Return on sales
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 48.83% | 49.12% | 48.80% | 48.36% | 47.94% | 48.35% | 48.12% | 47.46% | 46.70% | 49.55% | 48.41% | 47.74% | 47.08% | 64.19% | 57.70% | 51.39% | 45.64% | 46.14% | 46.00% | 45.72% |
| Operating profit margin | 21.56% | 21.40% | 21.10% | 20.97% | 20.71% | 20.40% | 20.48% | 20.31% | 20.41% | 20.40% | 19.81% | 19.88% | 19.68% | 18.11% | 17.79% | 17.24% | 16.41% | 17.49% | 17.29% | 16.76% |
| Pretax margin | 20.57% | 20.33% | 19.96% | 19.77% | 19.45% | 19.14% | 19.26% | 19.14% | 19.27% | 19.20% | 18.55% | 18.56% | 18.29% | 16.66% | 16.33% | 15.78% | 14.93% | 16.05% | 15.85% | 16.31% |
| Net profit margin | 16.38% | 16.15% | 15.75% | 15.55% | 15.48% | 15.23% | 15.52% | 15.62% | 15.89% | 16.02% | 15.65% | 15.88% | 15.78% | 14.47% | 14.00% | 13.23% | 12.36% | 13.19% | 12.99% | 13.18% |
Cintas Corporation has shown consistency in its profitability ratios over the past few quarters. The gross profit margin has been relatively stable, hovering around 48-49%. This indicates that the company is effectively managing its cost of goods sold and generating a decent level of gross profit on its sales.
The operating profit margin, which measures the efficiency of the company's operations, has also remained steady around 20-21%. This suggests that Cintas is effectively controlling its operating expenses and converting its gross profit into operating income.
Furthermore, the pretax margin and net profit margin have shown consistency, fluctuating slightly but generally staying within the range of 15-17%. This indicates that Cintas is managing its taxes efficiently and generating a reasonable level of net income relative to its revenue.
Overall, Cintas Corporation's profitability ratios reflect a stable and consistent performance in terms of generating profit from its operations.
Return on investment
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 22.56% | 22.18% | 21.76% | 21.37% | 21.09% | 20.51% | 20.14% | 19.77% | 19.48% | 18.85% | 18.19% | 18.20% | 16.82% | 14.81% | 14.48% | 15.00% | 15.16% | 16.07% | 15.64% | 15.33% |
| Return on assets (ROA) | 17.14% | 16.74% | 16.24% | 15.84% | 15.77% | 15.31% | 15.26% | 15.21% | 15.17% | 14.80% | 14.37% | 14.54% | 13.49% | 11.83% | 11.40% | 11.50% | 11.42% | 12.12% | 11.75% | 12.05% |
| Return on total capital | 32.65% | 29.73% | 29.69% | 28.45% | 28.41% | 28.39% | 28.70% | 28.59% | 27.41% | 33.20% | 29.73% | 30.74% | 26.00% | 20.25% | 20.81% | 20.47% | 20.15% | 21.67% | 21.90% | 22.31% |
| Return on equity (ROE) | 36.41% | 35.51% | 35.84% | 33.88% | 34.89% | 35.68% | 37.48% | 38.90% | 37.35% | 36.70% | 32.33% | 34.51% | 30.13% | 25.88% | 26.79% | 25.67% | 27.08% | 28.81% | 29.84% | 30.26% |
Cintas Corporation has shown consistent profitability over the analyzed periods, as indicated by its strong profitability ratios. The Operating Return on Assets (Operating ROA) has been steadily increasing, reaching 22.56% as of May 31, 2024, indicating that the company generates a significant operating profit relative to its total assets.
The Return on Assets (ROA) also reflects this trend, with a gradual increase to 17.14% as of May 31, 2024. This demonstrates Cintas' ability to generate profit from its assets efficiently.
The Return on Total Capital has shown variability but generally remains high, standing at 32.65% as of May 31, 2024. This ratio showcases the company's ability to generate returns for both its equity and debt holders.
Lastly, the Return on Equity (ROE) has consistently been strong, reaching 36.41% as of May 31, 2024. This indicates that Cintas is effective in generating profit for its shareholders based on their equity investment in the company.
Overall, Cintas Corporation's profitability ratios suggest a solid financial performance and efficient utilization of its assets and capital, which may be appealing to investors seeking returns on their investments.