What does goodwill additions mean?

Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.

Cintas CTAS Goodwill Additions

Discontinued — last reported Q2 '19

Goodwill Additions at other companies

UnifirstUNF

$617K-81.2%

VestisVSTS

$0—

ALH

Alliance Laundry Holdings Inc.ALH

$2.05M-27.5%

Segments

By segment

See full

First Aid and Safety Services$2.46M+561%

Uniform Rental and Facility Services$26K-99.9%

Other financials

Income statement

See full

Revenue$2.8B+8.9%

Gross profit$1.4B+9.8%

Operating income$659.9M+8.2%

Net income$502.5M+8.4%

EPS (diluted)$1.24+9.7%

Balance sheet

See full

Cash & equivalents$183.2M-24.7%

Total debt$2.9B-7.1%

Total equity$4.8B+4.3%

Total assets$10.2B+6.5%

Cash flow

See full

Operating cash flow$621.5M+0.2%

CapEx$90.9M-9.0%

Free cash flow$530.6M+1.9%

Valuation

See full

Market cap$67.66B-23.4%

Enterprise value$70.4B-22.4%

P/E34.9×-13.8×

P/S6.1×-2.4×

Profitability

See full

Gross margin50.4%+0.9pp

Operating margin23%+0.2pp

Net margin17.6%0.0pp

FCF margin16.3%-1.6pp

Returns & leverage

See full

Return on equity41.3%+1.0pp

Debt / equity0.6×-0.1×

Current ratio2×+0.3×

Where this comes from

Reported directly by Cintas in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Cintas’s 10-Q, filed January 8, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does goodwill additions mean?: Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.