Buyback yield (TTM)
1.47%
Shareholder yield (TTM)
2.31%
5Y share count change
-4.1%
Buyback spend (TTM)
$1.19B
Cumulative buybacks
$9.30B
Key takeaways
- Cintas (CTAS) repurchased about $1.19B of stock over the trailing twelve months.
- Diluted share count is down 4.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 9.32× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +15.0% per year over the latest 5-year window.
- TTM repurchases used about 107% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Cintas (CTAS)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Cintas (CTAS)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Cintas (CTAS)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Cintas (CTAS)
Latest: $934.80M
Overview
As of the 2025 fiscal year, Cintas (CTAS) reported buyback spend of $934.80M – surged 33.5% year-over-year.
Cintas buyback spend compound annual growth for the 2020–2025 (5 years) window is +15.0%, sustaining 2 straight years of year-over-year growth.
Cintas buyback spend plunged from $1.53B in 2022 to $934.80M in 2025, a 38.7% drawdown.
2022 marks the peak buyback spend at $1.53B, with the historical low of $0.00 recorded in 1990.
Cintas Buyback Spend 2025: $934.80M
In 2025, Cintas reported buyback spend of $934.80M, surged 33.5% from 2024.
Cintas Buyback Spend 2024: $700.03M
Cintas buyback spend in 2024 was $700.03M, surged 75.5% from 2023.
Cintas Buyback Spend 2023: $398.87M
2023's buyback spend for Cintas came in at $398.87M, plunged 73.9% below 2022.
Cintas Buyback Spend 2022: $1.53B
Cintas posted buyback spend of $1.53B in 2022, surged 175.4% from 2021. This figure represents the highest annual value in the available history.
Cintas Buyback Spend 2021: $554.12M
Cintas buyback spend in 2021 was $554.12M.
See more financial history for Cintas (CTAS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $934.80M | $128.33M | $806.47M | 1.02% | 0.41B | -0.8% | |
| 2024 | $700.03M | $116.99M | $583.05M | 1.02% | 0.41B | -0.0% | |
| 2023 | $398.87M | $103.62M | $295.24M | 0.83% | 0.41B | -2.0% | |
| 2022 | $1.53B | $109.31M | $1.42B | 3.74% | 0.42B | -2.0% | |
| 2021 | $554.12M | $112.03M | $442.09M | 1.49% | 0.43B | +0.6% | |
| 2020 | $464.52M | $115.44M | $349.08M | 1.78% | 0.43B | -2.3% | |
| 2019 | $1.02B | $139.21M | $877.09M | 4.36% | 0.44B | -0.3% | |
| 2018 | $127.32M | $112.83M | $14.48M | 0.65% | 0.44B | +1.9% | |
| 2017 | $20.72M | $88.87M | −$68.14M | 0.16% | 0.43B | -2.0% | |
| 2016 | $780.15M | $79.29M | $700.86M | 7.75% | 0.44B | -6.5% | |
| 2015 | $551.97M | $47.00M | $504.97M | 5.62% | 0.47B | -3.4% | |
| 2014 | $370.60M | $29.88M | $340.72M | 4.99% | 0.49B | -2.3% | |
| 2013 | $215.68M | $23.31M | $192.37M | 3.86% | 0.50B | -4.2% | |
| 2012 | $392.33M | $20.31M | $372.02M | 8.44% | 0.52B | -11.3% | |
| 2011 | $443.69M | $15.20M | $428.49M | 10.29% | 0.59B | -4.1% | |
| 2010 | $969.00K | $15.35M | −$14.38M | 0.03% | 0.61B | -0.3% | |
| 2009 | $25.85M | $11.95M | $13.89M | 0.72% | 0.61B | -1.6% | |
| 2008 | $191.48M | $0.00 | $191.48M | 4.24% | 0.62B | -2.6% | |
| 2007 | $198.95M | $0.00 | $198.95M | 3.28% | 0.64B | -5.0% | |
| 2006 | $323.41M | $0.00 | $323.41M | 4.76% | 0.67B | -2.7% | |
| 2005 | $58.20M | $0.00 | $58.20M | 0.85% | 0.69B | -2.1% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.71B | +2.8% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.69B | -0.2% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.69B | +0.7% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.68B | +0.9% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.68B | +0.1% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.68B | +3.9% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.65B | -3.8% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.68B | +14.0% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.59B | — | |
| 1995 | $7.10M | $0.00 | $7.10M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$934.80M
- 2024$700.03M
- 2023$398.87M
- 2022$1.53B
- 2021$554.12M
- 2020$464.52M
- 2019$1.02B
- 2018$127.32M
- 2017$20.72M
- 2016$780.15M
- 2015$551.97M
- 2014$370.60M
- 2013$215.68M
- 2012$392.33M
- 2011$443.69M
- 2010$969.00K
- 2009$25.85M
- 2008$191.48M
- 2007$198.95M
- 2006$323.41M
- 2005$58.20M
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$7.10M
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
Buybacks vs stock-based compensation for Cintas (CTAS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.32×.
Buybacks vs dividends (share of cash returned) for Cintas (CTAS)
How Cintas splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Cintas, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.11B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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