• Cintas average return on tangible equity for 2023 was -1914.97, a 40.66% decline from 2022.
• Cintas average return on tangible equity for 2022 was -3227.26, a 938.21% decline from 2021.
• Cintas average return on tangible equity for 2021 was 385.02, a 117.13% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.