Cintas Corporation

NASDAQ CTAS

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Cintas Corporation Research and Development (R&D) Expense Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending November 30, 2019

Cintas Corporation Research and Development (R&D) Expense Ratio 3 year CAGR is NA for the Trailing 12 Months (TTM) ending November 30, 2019. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

NASDAQ: CTAS

Cintas Corporation

CEO	Mr. Scott D. Farmer
IPO Date	Aug. 19, 1983
Location	United States
Headquarters	6800 Cintas Boulevard, Cincinnati, OH, United States, 45262-5737
Employees	44,500
Sector	Industrials
Industry	Specialty business services

Description

Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

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