Hrworkways Cintas (2024)

FAQs

Who owns Cintas? ›

Scott Farmer owns the most shares of Cintas Corp (CTAS). What is the significance of the ownership structure for a publicly traded company?

Cintas offers CINTAS PARTNERS' PLAN through Alight. Their plan covers 57,514 employees.

You must contribute either the 2% nonelective contribution or the 3% match.

Mason, OH

Cintas / Headquarters

Cintas' CEO is Todd Schneider, appointed in Jun 2021, has a tenure of 3.08 years. total yearly compensation is $7.57M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.15% of the company's shares, worth $108.11M.

Cintas Corporation began in 1929 as the Acme Industrial Laundry Company by Richard (Doc) Farmer and Amelia Farmer. They collected old, used rags from factories, laundered them, and sold them back to businesses.

Cintas Vacation & Paid Time Off

8 days your first year, 15 your second. PTO is available, I think from day 1. They changed it to that a couple of years ago to entice new hires. Start with a week and a half of PTO, maxes out at 5 weeks and youre able to carry a week and two days over to the next FY.

The Cintas Partners' Plan is designed to provide you with a source of retirement income after your career with Cintas is complete. The Partners' Plan is made up of three portions: 401(k), Profit Sharing, and Employee Stock Ownership Plan (“ESOP”).

The hiring process at Cintas takes an average of 25.66 days when considering 1,660 user submitted interviews across all job titles. Candidates applying for Staff Accountant had the quickest hiring process (on average 1 day), whereas Associate Merchandiser roles had the slowest hiring process (on average 180 days).

Who is Cintas main competitor? ›

Cintas's competitors and similar companies include Aramark, Ecolab, Lakeland Industries and West Chester Protective Gear. Cintas Corporation is a company that provides corporate identity uniforms and related business services. Aramark is a company that provides food and facilities services.

Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Cintas net profit margin as of February 29, 2024 is 15.98%.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fmr Llc, Geode Capital Management, Llc, VFINX - Vanguard 500 Index Fund Investor Shares, Invesco Qqq Trust, Series 1, VIMSX - Vanguard Mid-Cap Index Fund Investor Shares, ...

Providing similar services and products as Cintas, Aramark is Cintas' biggest competitor, offering health safety, food service, facilities, and uniform services to the education, healthcare, business, prison, and leisure sectors.

Cintas Corporation CTAS recently completed the acquisition of SITEX, a family-owned supplier of uniform and facility service solutions. Financial terms of the acquisition were kept under wraps.

Who are the Farmers? Net worth: $12.5 billion. Cincinnati's Farmer family, the founders of Cintas Corp., launched their business during the Great Depression. Out-of-work circus performers Doc and Amelia Farmer collected rags, cleaned and resold them through their Acme Industrial Laundry Company.