Cintas (STU:CIT) Retained Earnings : €9,897 Mil (As of Aug. 2024)

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What is Cintas Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cintas's retained earnings for the quarter that ended in Aug. 2024 was €9,897 Mil.

Cintas's quarterly retained earnings increased from Feb. 2024 (€9,586 Mil) to May. 2024 (€9,822 Mil) and increased from May. 2024 (€9,822 Mil) to Aug. 2024 (€9,897 Mil).

Cintas's annual retained earnings increased from May. 2022 (€8,248 Mil) to May. 2023 (€8,830 Mil) and increased from May. 2023 (€8,830 Mil) to May. 2024 (€9,822 Mil).

Cintas Retained Earnings Historical Data

The historical data trend for Cintas's Retained Earnings 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.

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Cintas Retained Earnings Chart

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Retained Earnings

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6,690.90

6,482.78

8,248.33

8,829.53

9,821.61

Cintas Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Retained Earnings	Get a 7-Day Free Trial															9,027.07	9,315.09	9,586.34	9,821.61	9,897.21

Cintas Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Cintas (STU:CIT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Cintas Business Description

Industry

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Traded in Other Exchanges

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

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.