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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.
What if you'd invested in Cintas (CTAS) ten years ago? It may not have been easy to hold on to CTAS for all that time, but if you did, how much would your investment be worth today?
Cintas' Business In-Depth
With that in mind, let's take a look at Cintas' main business drivers. Founded in 1968 and headquartered in Cincinnati, OH, Cintas Corporation provides specialized services to businesses of all types throughout North America. It also operates in Europe, Asia and Latin America. The company designs, manufactures, implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products and first aid and safety products for diversified businesses.
Notably, the company provides products and services through distribution and retail channels to small service and manufacturing companies as well as leading corporations.
The company primarily reports revenues under two operating segments — Uniform Rental and Facility Services, and First Aid and Safety Services.
Uniform Rental and Facility Services (77.8% of fiscal 2024 revenues) segment includes rental, and servicing of uniforms, mats and towels as well as the provision for restroom supplies, and other facility products and services. Further, selling items from catalogs to customer routes are reported under this segment.
First Aid and Safety Services (11.2% of fiscal 2024 revenues) segment includes the sale and servicing of first aid products, safety products and training to customers.
Businesses, with Uniform Direct Sale and Fire Protection Services, are included in All Other. Revenues generated from All Other businesses represented 11% of fiscal 2024 revenues.
It's worth mentioning here that results of First Aid and Safety Services segment and All Other businesses are grouped under Other Services in Cintas' income statement.
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Cintas a decade ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in January 2015 would be worth $10,036.49, or a 903.65% gain, as of January 17, 2025. Investors should keep in mind that this return excludes dividends but includes price appreciation.