Cintas Corporation (CTAS) FCF Payout Ratio: 40.60%
Is Cintas Corporation’s FCF payout ratio high or low?
Cintas Corporation's FCF payout ratio of 40.60% is 26% above its 5-year average of 32.23%, near the high end of its 5-year range (25.25%–40.60%).
21.93% above its 12-month average of 33.30%.
CTAS FCF Payout Ratio Chart
CTAS Average FCF Payout Ratio Chart
CTAS Current vs Average FCF Payout Ratio Chart
CTAS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
40.60%
FCF PAYOUT RATIO AVG TTM
33.30%
FCF PAYOUT RATIO AVG 3Y
32.76%
FCF PAYOUT RATIO AVG 5Y
32.23%
FCF PAYOUT RATIO AVG 10Y
35.62%
FCF PAYOUT RATIO AVG 15Y
28.78%
FCF PAYOUT RATIO AVG 20Y
28.05%
CURRENT VS TTM AVG
+21.93%
CURRENT VS 3Y AVG
+23.93%
CURRENT VS 5Y AVG
+25.98%
CURRENT VS 10Y AVG
+13.97%
CURRENT VS 15Y AVG
+41.07%
CURRENT VS 20Y AVG
+44.76%
Payout Ratio Comparison
FCF Payout Ratio
40.6%
Earnings Payout Ratio
40.2%
Dividend Yield
1.06%
FCF Yield
2.59%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.76B | $611.63M | 34.8% |
| 2024 | $1.67B | $530.91M | 31.8% |
| 2023 | $1.27B | $449.92M | 35.5% |
| 2022 | $1.30B | $375.12M | 28.9% |
| 2021 | $1.22B | $451.33M | 37.1% |
| 2020 | $1.06B | $267.96M | 25.3% |
| 2019 | $791.14M | $220.76M | 27.9% |
| 2018 | $692.46M | $175.59M | 25.4% |
| 2017 | $490.57M | $142.43M | 29.0% |
| 2016 | $190.46M | $115.27M | 60.5% |
| 2015 | $362.56M | $201.89M | 55.7% |
| 2014 | $462.39M | $93.32M | 20.2% |
| 2013 | $356.26M | $79.74M | 22.4% |
| 2012 | $309.06M | $70.82M | 22.9% |
| 2011 | $158.29M | $71.81M | 45.4% |
| 2010 | $450.49M | $73.96M | 16.4% |
| 2009 | $363.43M | $72.21M | 19.9% |
| 2008 | $354.21M | $70.83M | 20.0% |
| 2007 | $268.57M | $62.00M | 23.1% |
| 2006 | $305.25M | $58.82M | 19.3% |
| 2005 | $273.49M | $54.97M | 20.1% |
| 2004 | $396.82M | $49.63M | 12.5% |
| 2003 | $215.67M | $46.00M | 21.3% |
| 2002 | $270.15M | $42.45M | 15.7% |
| 2001 | $99.51M | $37.17M | 37.4% |
| 2000 | $96.60M | $31.25M | 32.3% |
| 1999 | $16.30M | $24.90M | 152.8% |
| 1998 | $8.00M | $17.60M | 220.0% |
| 1997 | $48.60M | $14.50M | 29.8% |
| 1996 | $55.60M | $11.80M | 21.2% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Cintas Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cintas Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Cintas Corporation (CTAS)?
- The FCF payout ratio for CTAS stock is 40.60%.
- Is Cintas Corporation's FCF payout ratio high or low?
- Cintas Corporation's FCF payout ratio of 40.60% is 26% above its 5-year average of 32.23%, near the high end of its 5-year range (25.25%–40.60%).
- What is the TTM average FCF payout ratio for Cintas Corporation (CTAS)?
- The TTM average FCF payout ratio for CTAS stock is 33.30%.
- What is the 3Y average FCF payout ratio for Cintas Corporation (CTAS)?
- The 3Y average FCF payout ratio for CTAS stock is 32.76%.
- What is the 5Y average FCF payout ratio for Cintas Corporation (CTAS)?
- The 5Y average FCF payout ratio for CTAS stock is 32.23%.
- What is the 10Y average FCF payout ratio for Cintas Corporation (CTAS)?
- The 10Y average FCF payout ratio for CTAS stock is 35.62%.
- What is the 15Y average FCF payout ratio for Cintas Corporation (CTAS)?
- The 15Y average FCF payout ratio for CTAS stock is 28.78%.
- What is the 20Y average FCF payout ratio for Cintas Corporation (CTAS)?
- The 20Y average FCF payout ratio for CTAS stock is 28.05%.
Cintas Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-05-31 | 34.81% |
| 2024-05-31 | 31.79% |
| 2023-05-31 | 35.52% |
| 2022-05-31 | 28.92% |
| 2021-05-31 | 37.08% |
| 2020-05-31 | 25.25% |
| 2019-05-31 | 27.90% |
| 2018-05-31 | 25.36% |
| 2017-05-31 | 29.03% |
| 2016-05-31 | 60.52% |
| 2015-05-31 | 55.69% |
| 2014-05-31 | 20.18% |
| 2013-05-31 | 22.38% |
| 2012-05-31 | 22.91% |
| 2011-05-31 | 45.37% |
| 2010-05-31 | 16.42% |
| 2009-05-31 | 19.87% |
| 2008-05-31 | 20.00% |
| 2007-05-31 | 23.08% |
| 2006-05-31 | 19.27% |
| 2005-05-31 | 20.10% |
| 2004-05-31 | 12.51% |
| 2003-05-31 | 21.33% |
| 2002-05-31 | 15.72% |
| 2001-05-31 | 37.35% |
| 2000-05-31 | 32.35% |
| 1999-05-31 | 152.76% |
| 1998-05-31 | 220.00% |
| 1997-05-31 | 29.84% |
| 1996-05-31 | 21.22% |
About Cintas Corporation
Cintas Corporation specializes in supplying professional uniforms and a range of essential business services primarily across the United States, Canada, and Latin America. The company's operations are divided into three main divisions: Uniform Rental and Facility Services, First Aid and Safety Services, and an 'All Other' segment. Within its Uniform Rental and Facility Services division, Cintas offers rental and maintenance for various workwear, including flame-resistant apparel, alongside floor mats, mops, and industrial towels. This segment also manages restroom sanitation solutions, providing both cleaning services and supplies, and directly sells new uniforms. Additionally, its First Aid and Safety Services segment delivers comprehensive first aid programs, safety solutions, and fire suppression products and services. Cintas reaches its diverse clientele, ranging from small service and manufacturing businesses to large corporate entities, through an extensive distribution network, dedicated local delivery routes, and direct representatives. Established in 1968, Cintas Corporation maintains its headquarters in Cincinnati, Ohio.
- Sector
- Industrials
- Industry
- Specialty Business Services
- CEO
- Todd Schneider