Stock Analysis on Net

Cintas Corp. (NASDAQ:CTAS)

$22.49

This company has been moved to the archive! The financial data has not been updated since January 8, 2025.

Operating Profit Margin
since 2005

Microsoft Excel

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Calculation

Cintas Corp., operating profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

1 US$ in thousands


The financial data reveals several notable trends over the analyzed period. Revenue shows a general upward trajectory, increasing from approximately 3.07 billion US dollars in 2005 to nearly 9.60 billion US dollars by 2024. There are periods of slower growth and minor declines, notably around 2008 to 2010, where revenue decreased from 3.94 billion to approximately 3.55 billion, reflecting potential economic challenges during this timeframe. Following this dip, revenue resumed a consistent upward pattern, with accelerated growth particularly visible after 2016.

Operating income echoes the revenue trend but with more pronounced fluctuations. It started at about 494.5 million US dollars in 2005, peaked initially in 2007 at 577.4 million, and then fell substantially by 2009 to around 409 million US dollars. After this decline, operating income recovered, exhibiting steady growth and reaching over 2 billion US dollars by 2024. The recovery after 2009 is strong and appears more robust relative to revenue, signaling improved profitability and cost management over time.

The operating profit margin, expressed as a percentage, reflects the company's operational efficiency and profitability relative to revenue. Initially, the margin was stable in the range of approximately 16%, before dropping sharply around 2009 to about 10.8%. This decline coincides with the reduction in both revenue and operating income during the same period, suggesting significant margin pressure possibly due to increased costs or pricing challenges. From 2010 onwards, there is a clear upward trend, with margins gradually increasing and reaching a high of 21.56% by 2024. This indicates stronger control over expenses or enhanced pricing power, resulting in improved operating profitability.

Revenue Trends
Consistent growth over 20 years with a temporary decline during 2008-2010, followed by strong acceleration from 2016 onward.
Operating Income Patterns
Fluctuations mirroring revenue trends but with sharper declines in 2009 and significant growth post-2010, culminating in more than a fourfold increase by 2024 compared to 2005.
Operating Profit Margin Insights
Initial stability near 16%, a trough during the global economic downturn (~2009), and a sustained upward trend surpassing 21% by 2024, demonstrating improved operational efficiency and profitability.

Overall, the data illustrates resilience and adaptive capacity, with recovery following economic challenges and a strengthening profitability profile over time. The company's ability to grow revenue while expanding operating margins highlights effective management strategies and operational improvements.