Cintas Corporation (CTAS) financial statements (2020 and earlier)

Company profile

Business Address 6800 CINTAS BLVD
CINCINNATI, OH 45262
State of Incorp. WA
Fiscal Year End May 31
SIC 232 - Men's And Boys' Furnishings, Work Clothing, And Allied Garments (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

8/31/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10297139169139417513
Cash and cash equivalents10297139169139417513
Receivables918918824780565497508
Inventory, net of allowances, customer advances and progress billings336335280278249226251
Inventory336335280278249226251
Capitalized contract cost7170
Disposal group, including discontinued operation   39 21 
Other undisclosed current assets863818735688636574533
Total current assets:2,2902,2361,9781,9541,5901,7361,806
Noncurrent Assets
Operating lease, right-of-use asset163
Property, plant and equipment1,4221,4311,3831,324994871856
Long-term investments and receivables1819162117228372
Long-term investments1819162117228372
Intangible assets, net (including goodwill)2,8502,8423,3933,3691,3751,2381,323
Goodwill2,8502,8422,8472,7821,2921,1961,267
Intangible assets, net (excluding goodwill)  546587844256
Other noncurrent assets2452402932201720
Other undisclosed noncurrent assets67466815914410810286
Total noncurrent assets:5,3725,2004,9804,8902,5142,4572,657
TOTAL ASSETS:7,6627,4376,9586,8444,1044,1924,462
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities741815776756566541542
Accounts payable237226215177115110150
Accrued liabilities395434420430349310300
Employee-related liabilities991561411501028885
Taxes payable9    68
Interest and dividends payable     27 
Debt382312 363250 1
Disposal group, including discontinued operation   11 1 
Deferred tax liabilities    11289
Other undisclosed current liabilities     (33)(2)
Total current liabilities:1,1231,1287761,131816621630
Noncurrent Liabilities
Long-term debt and lease obligation2,6642,5382,5352,7711,0501,3001,300
Long-term debt, excluding current maturities2,5382,5382,5352,7711,0501,3001,300
Operating lease, liability126
Liabilities, other than long-term debt825331631640396339339
Accounts payable and accrued liabilities38833127817013711293
Deferred tax liabilities, net 353469259227246
Deferred income tax liabilities437
Other undisclosed noncurrent liabilities 438     
Total noncurrent liabilities:3,4883,3063,1663,4101,4461,6391,639
Total liabilities:4,6114,4343,9424,5412,2622,2602,270
Stockholders' equity
Stockholders' equity attributable to parent3,0513,0033,0172,3031,8431,9322,193
Common stock 840618485410329252
Treasury stock, value(4,974)(4,718)(3,701)(3,574)(3,553)(2,773)(2,221)
Additional paid in capital110228245224205157135
Accumulated other comprehensive income (loss)(61)(39)16(3)(25)(8)28
Retained earnings6,9396,6915,8385,1714,8064,2283,999
Other undisclosed stockholders' equity attributable to parent1,036      
Total stockholders' equity:3,0513,0033,0172,3031,8431,9322,193
TOTAL LIABILITIES AND EQUITY:7,6627,4376,9586,8444,1044,1924,462

Income statement (P&L) ($ in millions)

8/31/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
Revenues7,0056,8926,4775,3234,9054,4774,552
Other undisclosed gross profit(3,764)(3,764)(3,568)(2,943)(2,776)(2,556)(2,637)
Gross profit:3,2423,1292,9092,3802,1301,9211,914
Operating expenses(2,029)(1,995)(1,959)(1,607)(1,348)(1,225)(1,347)
Other undisclosed operating loss(39)      
Operating income:1,1741,134950774782696567
Nonoperating income
(Investment Income, Nonoperating)
11101270
Interest and debt expense(105)(102)(110)(87)(65)(65)(66)
Other undisclosed income from continuing operations before equity method investments, income taxes6969    106
Income from continuing operations before equity method investments, income taxes:1,1401,102841687718658608
Loss from equity method investments     (9) 
Income from continuing operations before income taxes:1,1401,102841687718649608
Income tax expense(219)(220)   (241)(233)
Income from continuing operations:921883841687718408374
Income from discontinued operations026111626 
Net income:921885902689734434374
Other undisclosed net income (loss) attributable to parent2(0)(60)(208)(40)(4) 
Net income available to common stockholders, diluted:923885843481694431374

Comprehensive Income ($ in millions)

8/31/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
Net income:921885902689734434374
Other comprehensive income (loss)(3)(55)1922(16)(37)(10)
Other undisclosed comprehensive loss(55)     (374)
Comprehensive income (loss):862830921711718397(10)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(11)(0)(60)(208)(40)(4)374
Comprehensive income, net of tax, attributable to parent:851829862503677394365

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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