Cintas Income Tax Expense from 2010 to 2024

CTAS Stock  USD 223.90  2.14  0.97%   
Cintas Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Cintas Income Tax Expense quarterly data regression had r-value of  0.70 and coefficient of variation of  48.74. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-02-28
Previous Quarter
112.8 M
Current Value
84.6 M
Quarterly Volatility
28 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 464.5 M, Interest Expense of 105.8 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 7.54, Dividend Yield of 0.0073 or PTB Ratio of 16.76. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
  
Check out the analysis of Cintas Correlation against competitors.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Latest Cintas' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Cintas over the last few years. It is Cintas' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cintas' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Cintas Income Tax Expense Regression Statistics

Arithmetic Mean226,922,010
Geometric Mean178,599,429
Coefficient Of Variation48.74
Mean Deviation78,178,143
Median230,118,000
Standard Deviation110,612,405
Sample Variance12235.1T
Range413.3M
R-Value0.70
Mean Square Error6806.8T
R-Squared0.48
Significance0
Slope17,196,718
Total Sum of Squares171291.5T

Cintas Income Tax Expense History

2024422.1 M
2023402 M
2022345.1 M
2021263 M
2020176.8 M
2019181.9 M
2018219.8 M

About Cintas Financial Statements

Cintas shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Cintas investors may analyze each financial statement separately, they are all interrelated. The changes in Cintas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cintas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense402 M422.1 M

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Additional Tools for Cintas Stock Analysis

When running Cintas' price analysis, check to measure Cintas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.