Stock Analysis on Net

Cintas Corp. (NASDAQ:CTAS) 

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Cintas Corp., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
Net income 1,571,592 1,348,010 1,235,757 1,110,968 876,037 884,981
Foreign currency translation adjustments (1,291) (34,007) (24,833) 68,182 (11,321) (21,572)
Change in fair value of interest rate lock agreements, net of tax 18,163 10,111 102,057 106,843 (94,954) (27,659)
Amortization of interest rate lock agreements, net of tax (5,984) (6,085) (2,061) (1,433) (1,433) (1,179)
Other, net of tax 2,535 (158) 1,866 10,676 (8,495) (5,085)
Other comprehensive income (loss), net of tax 13,423 (30,139) 77,029 184,268 (116,203) (55,495)
Comprehensive income 1,585,015 1,317,871 1,312,786 1,295,236 759,834 829,486

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Cintas Corp. net income increased from 2022 to 2023 and from 2023 to 2024.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Cintas Corp. comprehensive income increased from 2022 to 2023 and from 2023 to 2024.