Stock Analysis on Net
Stock Analysis on Net

Cintas Corp. (NASDAQ:CTAS) 

デュポンの分析: ROE、ROA、純利益率の内訳
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Cintas Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2024/11/30 39.89% = 18.28% × 2.18
2024/08/31 40.75% = 18.07% × 2.26
2024/05/31 36.41% = 17.14% × 2.12
2024/02/29 35.51% = 16.74% × 2.12
2023/11/30 35.84% = 16.24% × 2.21
2023/08/31 33.88% = 15.84% × 2.14
2023/05/31 34.89% = 15.77% × 2.21
2023/02/28 35.68% = 15.31% × 2.33
2022/11/30 37.48% = 15.26% × 2.46
2022/08/31 38.90% = 15.21% × 2.56
2022/05/31 37.35% = 15.17% × 2.46
2022/02/28 36.70% = 14.80% × 2.48
2021/11/30 32.33% = 14.37% × 2.25
2021/08/31 34.51% = 14.54% × 2.37
2021/05/31 30.13% = 13.49% × 2.23
2021/02/28 25.88% = 11.83% × 2.19
2020/11/30 26.79% = 11.40% × 2.35
2020/08/31 25.67% = 11.50% × 2.23
2020/05/31 27.08% = 11.42% × 2.37
2020/02/29 28.81% = 12.12% × 2.38
2019/11/30 29.84% = 11.75% × 2.54
2019/08/31 30.26% = 12.05% × 2.51
2019/05/31 29.47% = 11.90% × 2.48
2019/02/28 — = — × 2.34
2018/11/30 — = — × 2.45
2018/08/31 — = — × 2.18

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを3つの要素に分解

Cintas Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2024/11/30 39.89% = 17.23% × 1.06 × 2.18
2024/08/31 40.75% = 16.80% × 1.08 × 2.26
2024/05/31 36.41% = 16.38% × 1.05 × 2.12
2024/02/29 35.51% = 15.98% × 1.05 × 2.12
2023/11/30 35.84% = 15.57% × 1.04 × 2.21
2023/08/31 33.88% = 15.36% × 1.03 × 2.14
2023/05/31 34.89% = 15.29% × 1.03 × 2.21
2023/02/28 35.68% = 15.06% × 1.02 × 2.33
2022/11/30 37.48% = 15.35% × 0.99 × 2.46
2022/08/31 38.90% = 15.46% × 0.98 × 2.56
2022/05/31 37.35% = 15.73% × 0.96 × 2.46
2022/02/28 36.70% = 15.88% × 0.93 × 2.48
2021/11/30 32.33% = 15.50% × 0.93 × 2.25
2021/08/31 34.51% = 15.72% × 0.92 × 2.37
2021/05/31 30.13% = 15.61% × 0.86 × 2.23
2021/02/28 25.88% = 14.32% × 0.83 × 2.19
2020/11/30 26.79% = 13.90% × 0.82 × 2.35
2020/08/31 25.67% = 13.18% × 0.87 × 2.23
2020/05/31 27.08% = 12.36% × 0.92 × 2.37
2020/02/29 28.81% = 13.19% × 0.92 × 2.38
2019/11/30 29.84% = 12.99% × 0.90 × 2.54
2019/08/31 30.26% = 13.18% × 0.91 × 2.51
2019/05/31 29.47% = 12.84% × 0.93 × 2.48
2019/02/28 — = — × — × 2.34
2018/11/30 — = — × — × 2.45
2018/08/31 — = — × — × 2.18

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを5つの要素に分解

Cintas Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2024/11/30 39.89% = 0.81 × 0.95 × 22.41% × 1.06 × 2.18
2024/08/31 40.75% = 0.81 × 0.95 × 21.89% × 1.08 × 2.26
2024/05/31 36.41% = 0.80 × 0.95 × 21.62% × 1.05 × 2.12
2024/02/29 35.51% = 0.79 × 0.95 × 21.20% × 1.05 × 2.12
2023/11/30 35.84% = 0.79 × 0.94 × 20.89% × 1.04 × 2.21
2023/08/31 33.88% = 0.79 × 0.94 × 20.74% × 1.03 × 2.14
2023/05/31 34.89% = 0.80 × 0.94 × 20.47% × 1.03 × 2.21
2023/02/28 35.68% = 0.80 × 0.94 × 20.19% × 1.02 × 2.33
2022/11/30 37.48% = 0.81 × 0.94 × 20.27% × 0.99 × 2.46
2022/08/31 38.90% = 0.82 × 0.94 × 20.11% × 0.98 × 2.56
2022/05/31 37.35% = 0.82 × 0.94 × 20.21% × 0.96 × 2.46
2022/02/28 36.70% = 0.83 × 0.94 × 20.22% × 0.93 × 2.48
2021/11/30 32.33% = 0.84 × 0.94 × 19.63% × 0.93 × 2.25
2021/08/31 34.51% = 0.86 × 0.93 × 19.68% × 0.92 × 2.37
2021/05/31 30.13% = 0.86 × 0.93 × 19.48% × 0.86 × 2.23
2021/02/28 25.88% = 0.87 × 0.92 × 17.93% × 0.83 × 2.19
2020/11/30 26.79% = 0.86 × 0.92 × 17.67% × 0.82 × 2.35
2020/08/31 25.67% = 0.84 × 0.91 × 17.19% × 0.87 × 2.23
2020/05/31 27.08% = 0.83 × 0.91 × 16.42% × 0.92 × 2.37
2020/02/29 28.81% = 0.82 × 0.92 × 17.50% × 0.92 × 2.38
2019/11/30 29.84% = 0.82 × 0.91 × 17.33% × 0.90 × 2.54
2019/08/31 30.26% = 0.81 × 0.92 × 17.80% × 0.91 × 2.51
2019/05/31 29.47% = 0.80 × 0.92 × 17.50% × 0.93 × 2.48
2019/02/28 — = — × — × — × — × 2.34
2018/11/30 — = — × — × — × — × 2.45
2018/08/31 — = — × — × — × — × 2.18

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROAを2つのコンポーネントに分解

Cintas Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2024/11/30 18.28% = 17.23% × 1.06
2024/08/31 18.07% = 16.80% × 1.08
2024/05/31 17.14% = 16.38% × 1.05
2024/02/29 16.74% = 15.98% × 1.05
2023/11/30 16.24% = 15.57% × 1.04
2023/08/31 15.84% = 15.36% × 1.03
2023/05/31 15.77% = 15.29% × 1.03
2023/02/28 15.31% = 15.06% × 1.02
2022/11/30 15.26% = 15.35% × 0.99
2022/08/31 15.21% = 15.46% × 0.98
2022/05/31 15.17% = 15.73% × 0.96
2022/02/28 14.80% = 15.88% × 0.93
2021/11/30 14.37% = 15.50% × 0.93
2021/08/31 14.54% = 15.72% × 0.92
2021/05/31 13.49% = 15.61% × 0.86
2021/02/28 11.83% = 14.32% × 0.83
2020/11/30 11.40% = 13.90% × 0.82
2020/08/31 11.50% = 13.18% × 0.87
2020/05/31 11.42% = 12.36% × 0.92
2020/02/29 12.12% = 13.19% × 0.92
2019/11/30 11.75% = 12.99% × 0.90
2019/08/31 12.05% = 13.18% × 0.91
2019/05/31 11.90% = 12.84% × 0.93
2019/02/28 — = — × —
2018/11/30 — = — × —
2018/08/31 — = — × —

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に総資産利益率(ROA)が上昇した主な理由は、純利益率で測定した収益性の増加です。

ROAを4つの要素に分解

Cintas Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2024/11/30 18.28% = 0.81 × 0.95 × 22.41% × 1.06
2024/08/31 18.07% = 0.81 × 0.95 × 21.89% × 1.08
2024/05/31 17.14% = 0.80 × 0.95 × 21.62% × 1.05
2024/02/29 16.74% = 0.79 × 0.95 × 21.20% × 1.05
2023/11/30 16.24% = 0.79 × 0.94 × 20.89% × 1.04
2023/08/31 15.84% = 0.79 × 0.94 × 20.74% × 1.03
2023/05/31 15.77% = 0.80 × 0.94 × 20.47% × 1.03
2023/02/28 15.31% = 0.80 × 0.94 × 20.19% × 1.02
2022/11/30 15.26% = 0.81 × 0.94 × 20.27% × 0.99
2022/08/31 15.21% = 0.82 × 0.94 × 20.11% × 0.98
2022/05/31 15.17% = 0.82 × 0.94 × 20.21% × 0.96
2022/02/28 14.80% = 0.83 × 0.94 × 20.22% × 0.93
2021/11/30 14.37% = 0.84 × 0.94 × 19.63% × 0.93
2021/08/31 14.54% = 0.86 × 0.93 × 19.68% × 0.92
2021/05/31 13.49% = 0.86 × 0.93 × 19.48% × 0.86
2021/02/28 11.83% = 0.87 × 0.92 × 17.93% × 0.83
2020/11/30 11.40% = 0.86 × 0.92 × 17.67% × 0.82
2020/08/31 11.50% = 0.84 × 0.91 × 17.19% × 0.87
2020/05/31 11.42% = 0.83 × 0.91 × 16.42% × 0.92
2020/02/29 12.12% = 0.82 × 0.92 × 17.50% × 0.92
2019/11/30 11.75% = 0.82 × 0.91 × 17.33% × 0.90
2019/08/31 12.05% = 0.81 × 0.92 × 17.80% × 0.91
2019/05/31 11.90% = 0.80 × 0.92 × 17.50% × 0.93
2019/02/28 — = — × — × — × —
2018/11/30 — = — × — × — × —
2018/08/31 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に総資産利益率(ROA)が増加した主な理由は、EBITマージン率で測定した営業利益率の増加です。

当期純利益率の分解

Cintas Corp.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2024/11/30 17.23% = 0.81 × 0.95 × 22.41%
2024/08/31 16.80% = 0.81 × 0.95 × 21.89%
2024/05/31 16.38% = 0.80 × 0.95 × 21.62%
2024/02/29 15.98% = 0.79 × 0.95 × 21.20%
2023/11/30 15.57% = 0.79 × 0.94 × 20.89%
2023/08/31 15.36% = 0.79 × 0.94 × 20.74%
2023/05/31 15.29% = 0.80 × 0.94 × 20.47%
2023/02/28 15.06% = 0.80 × 0.94 × 20.19%
2022/11/30 15.35% = 0.81 × 0.94 × 20.27%
2022/08/31 15.46% = 0.82 × 0.94 × 20.11%
2022/05/31 15.73% = 0.82 × 0.94 × 20.21%
2022/02/28 15.88% = 0.83 × 0.94 × 20.22%
2021/11/30 15.50% = 0.84 × 0.94 × 19.63%
2021/08/31 15.72% = 0.86 × 0.93 × 19.68%
2021/05/31 15.61% = 0.86 × 0.93 × 19.48%
2021/02/28 14.32% = 0.87 × 0.92 × 17.93%
2020/11/30 13.90% = 0.86 × 0.92 × 17.67%
2020/08/31 13.18% = 0.84 × 0.91 × 17.19%
2020/05/31 12.36% = 0.83 × 0.91 × 16.42%
2020/02/29 13.19% = 0.82 × 0.92 × 17.50%
2019/11/30 12.99% = 0.82 × 0.91 × 17.33%
2019/08/31 13.18% = 0.81 × 0.92 × 17.80%
2019/05/31 12.84% = 0.80 × 0.92 × 17.50%
2019/02/28 — = — × — × —
2018/11/30 — = — × — × —
2018/08/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第2 四半期に純利益率が上昇した主な理由は、EBITマージン率で測定した営業利益率の増加です。