What impact did interest expenses have on Cintas' net profit in Q4 2024?

Cintas' interest expenses had a significant impact on its net profit in Q4 2024. The company's net income for the quarter was $448.5 million, while the interest expenses totaled $26.67 million. This means that a substantial portion of the company's net income was dedicated to covering its interest obligations, leaving a lesser amount available for other expenses and profits.

|code|Ticker|Name|Date|Net Income YoY|Interest Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|CTAS|CTAS.O|Cintas|2024 Q1|9.495889834484444|2.4544E7|3.85085E8|185|
|CTAS|CTAS.O|Cintas|2024 Q2|15.516832000690734|2.659E7|3.74613E8|185|
|CTAS|CTAS.O|Cintas|2024 Q3|22.021502208227066|2.553E7|3.97579E8|185|
|CTAS|CTAS.O|Cintas|2024 Q4|19.67469764674279|2.4076E7|4.14315E8|185|