Cintas (WBO:CTAS) Buyback Yield % : 1.40 (As of Dec. 13, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Cintas Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Cintas's current buyback yield was 1.40%.

Cintas Buyback Yield % Historical Data

The historical data trend for Cintas's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cintas Buyback Yield % Chart

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Buyback Yield %

Get a 7-Day Free Trial

1.85

1.52

3.87

0.82

1.04

Cintas Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Buyback Yield %	Get a 7-Day Free Trial															0.56	2.53	0.28	1.38	3.05

Competitive Comparison of Cintas's Buyback Yield %

For the Specialty Business Services subindustry, Cintas's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cintas's Buyback Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Cintas's Buyback Yield % falls into.

Cintas Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Cintas's Buyback Yield for the fiscal year that ended in May. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-647.531	+	0)	/	62290.2304
	=	1.04%

Cintas's annualized Buyback Yield for the quarter that ended in Aug. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-557.625	+	0)	*	4	/	73030.0238
	=	3.05%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Aug. 2024) data.

Cintas Buyback Yield % Related Terms

Thank you for viewing the detailed overview of Cintas's Buyback Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cintas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cintas Corp (WBO:CTAS) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

CTAS:USA CTAS:Mexico 0HYJ:UK CIT:Germany CIT:Germany C1TA34:Brazil

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.