Cintas Depreciation And Amortization from 2010 to 2024

CTAS Stock  USD 221.76  0.27  0.12%   
Cintas Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization is likely to outpace its year average in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1990-02-28
Previous Quarter
114.9 M
Current Value
115.2 M
Quarterly Volatility
31.3 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' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Cintas over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Cintas' Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Cintas Depreciation And Amortization Regression Statistics

Arithmetic Mean279,666,680
Geometric Mean211,868,489
Coefficient Of Variation49.15
Mean Deviation119,945,525
Median279,416,000
Standard Deviation137,459,214
Sample Variance18895T
Range459.2M
R-Value0.95
Mean Square Error2017T
R-Squared0.90
Slope29,173,726
Total Sum of Squares264530.5T

Cintas Depreciation And Amortization History

2024464.5 M
2023442.4 M
2022409.2 M
2021399.7 M
2020385.7 M
2019380 M
2018375.7 M

About Cintas Financial Statements

Cintas shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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
Depreciation And Amortization442.4 M464.5 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.