Cintas Balance Sheet Health
Financial Health criteria checks 4/6
Cintas has a total shareholder equity of $4.8B and total debt of $2.7B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are $10.2B and $5.4B respectively. Cintas's EBIT is $2.5B making its interest coverage ratio 25.7. It has cash and short-term investments of $183.2M.
Key information
55.48%
Debt to equity ratio
US$2.66b
Debt
| Interest coverage ratio | 25.7x |
| Cash | US$183.20m |
| Equity | US$4.79b |
| Total liabilities | US$5.45b |
| Total assets | US$10.23b |
Recent financial health updates
Cintas (NASDAQ:CTAS) Could Easily Take On More Debt
Feb 02
We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Sep 14Recent updates
CTAS: UniFirst Acquisition Is Expected To Reinforce Future Earnings Resilience
Analyst price targets on Cintas have been trimmed by up to $32, as some analysts reset expectations following recent target cuts at Citi, UBS, Stifel and Goldman Sachs. Others point to potential earnings upside from the UniFirst deal and broader sector growth assumptions.Cintas: The Valuation Has Come In, But It's Not A Buy Just Yet
Apr 17CTAS: UniFirst Deal Synergies Will Support Future Earnings Resilience
The updated analyst price target for Cintas edges slightly lower by about $2 to align with recent cuts from several firms, while still reflecting expectations for earnings support from the UniFirst acquisition and related cost and revenue synergies highlighted in recent research. Analyst Commentary Recent research on Cintas reflects a mix of optimism around the UniFirst acquisition and growing caution on valuation and execution risks, with several price targets adjusted to reflect these cross currents.CTAS: UniFirst Acquisition And Margin Strength Will Support Future Upside Potential
Analysts trimmed their average price targets on Cintas by single digit dollar amounts, pointing to updated views on fair value, discount rates and P/E multiples, even as they highlight potential earnings benefits from the UniFirst deal and see room for margin strength. Analyst Commentary Recent research on Cintas shows a mix of enthusiasm for the UniFirst acquisition and caution around valuation and execution, with several firms adjusting price targets and ratings to reflect updated assumptions.Cintas (NASDAQ:CTAS) Could Easily Take On More Debt
Feb 02CTAS: High Quality Compounding And Buybacks Will Support Fairly Priced Shares
Analysts have slightly reduced their fair value estimate for Cintas to about US$214.56 from roughly US$214.88, reflecting updated expectations for revenue growth, profit margins, discount rate, and a lower assumed future P/E multiple, even as recent research points to the company as a high quality compounder with strong incremental returns on capital. Analyst Commentary Bullish Takeaways Bullish analysts describe Cintas as a high quality compounder, which they link to strong incremental returns on capital reported as north of 50%, supporting the view that the business has been efficient at reinvesting earnings.Is Now The Time To Look At Buying Cintas Corporation (NASDAQ:CTAS)?
Jan 06Analyst Estimates: Here's What Brokers Think Of Cintas Corporation (NASDAQ:CTAS) After Its Second-Quarter Report
Dec 22CTAS: Uniform Rental Resilience Will Drive Returns Despite Macro Headwinds
Analysts have nudged our Cintas price target modestly higher by aligning it with recent Street revisions. These revisions highlight the company as a high quality compounder with resilient uniform rentals, longer term double digit growth investments in Fire Protection and First Aid, and solid execution that offsets modest macro and investment related headwinds.CTAS: Upgraded Ratings Signal Resilient Performance Ahead Amid Macro Headwinds
Cintas' analyst price target has been slightly reduced to $214.88 from $217.44. Analysts cite a combination of resilient segment performance and long-term growth opportunities, balanced against near-term macroeconomic headwinds.Automated Safety And Rental Services Will Expand Market Share
Analysts lowered Cintas’ price target slightly to $217.44, citing near-term macroeconomic headwinds despite continued strong execution, robust growth opportunities in Fire Protection and First Aid, and resilient revenue performance. Analyst Commentary Bullish analysts cite Cintas' consistent and resilient execution across varying macroeconomic conditions and a strong track record of compounding growth.We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Sep 14Cintas (NASDAQ:CTAS) Is Investing Its Capital With Increasing Efficiency
Jul 12
Cintas: Still Bullish On This Powerhouse
Mar 26Cintas: Bumps Along The Consolidation Ride
Feb 27Cintas: Share Price Upside Is Still Not Attractive Enough
Dec 31Cintas: Massive Pullback Opens Up Long-Term Opportunity
Dec 19Cintas: U.S. Trade Policy Impacts Are Uncertain, While Stock Appears Fully Valued
Nov 27Cintas: It Just Keeps Growing
Sep 25Cintas: Own It, Don't Trade It, Or Chase It
Sep 17Financial Position Analysis
Short Term Liabilities: CTAS's short term assets ($3.6B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: CTAS's short term assets ($3.6B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: CTAS's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: CTAS's debt to equity ratio has reduced from 68.2% to 55.5% over the past 5 years.
Debt Coverage: CTAS's debt is well covered by operating cash flow (83.1%).
Interest Coverage: CTAS's interest payments on its debt are well covered by EBIT (25.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 00:56 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cintas Corporation is covered by 31 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Gary Bisbee | Barclays |
| Manav Patnaik | Barclays |