Cintas Corporation develops uniform programs using fabric. Co. helps businesses of all types and sizes, primarily in the U.S., as well as Canada and Latin America. Co. operates through two segments: Uniform Rental and Facility Services segment and the First Aid and Safety Services segment. The Uniform Rental and Facility Services segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. This segment also includes restroom cleaning services and supplies and the sale of items from its catalogs to its customers. We show 57 historical shares outstanding datapoints in our CTAS shares outstanding history coverage, used to compute CTAS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTAS market cap history over the course of time is important for investors
interested in comparing CTAS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CTAS versus a peer is one thing; comparing
CTAS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CTAS can fluctuate over the course of history.
With this page we aim to empower investors researching CTAS by allowing them to research the CTAS market cap history. |
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Video: The Importance of Market Cap
