CINTAS CORP Annual Amortization of Intangible Assets in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Cintas Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Cintas Corp Amortization of Intangible Assets for the quarter ending August 31, 2024 was $40.7M, a 5.71% increase year-over-year.
  • Cintas Corp Amortization of Intangible Assets for the twelve months ending August 31, 2024 was $161M, a 5.92% increase year-over-year.
  • Cintas Corp annual Amortization of Intangible Assets for 2023 was $159M, a 5.93% increase from 2022.
  • Cintas Corp annual Amortization of Intangible Assets for 2022 was $150M, a 1.08% increase from 2021.
  • Cintas Corp annual Amortization of Intangible Assets for 2021 was $148M, a 4.58% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $159M +$8.9M +5.93% Jun 1, 2023 May 31, 2024 10-K 2024-07-25
2022 $150M +$1.6M +1.08% Jun 1, 2022 May 31, 2023 10-K 2024-07-25
2021 $148M +$6.5M +4.58% Jun 1, 2021 May 31, 2022 10-K 2024-07-25
2020 $142M +$1.1M +0.78% Jun 1, 2020 May 31, 2021 10-K 2023-07-27
2019 $141M +$6.8M +5.08% Jun 1, 2019 May 31, 2020 10-K 2022-07-27
2018 $134M +$72.8M +119% Jun 1, 2018 May 31, 2019 10-K 2021-07-28
2017 $61.2M +$38.4M +168% Jun 1, 2017 May 31, 2018 10-K 2020-07-29
2016 $22.8M Jun 1, 2016 May 31, 2017 10-K 2019-07-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.