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Cintas CTAS Debt-to-equity

Debt-to-equity at other companies

Comfort Systems USA logo
Comfort Systems USAFIX
0.1×0.0×
APi Group logo
APi GroupAPG
0.8×-0.1×
United Rentals logo
United RentalsURI
1.9×+0.1×
EMCOR Group logo
EMCOR GroupEME
0.1×0.0×
Republic Services logo
Republic ServicesRSG
0.0×
3M logo
3MMMM
3.5×+0.6×

Other financials

Income statement

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Revenue$2.8B+8.9%
Gross profit$1.4B+9.8%
Operating income$659.9M+8.2%
Net income$502.5M+8.4%
EPS (diluted)$1.24+9.7%

Balance sheet

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Cash & equivalents$183.2M-24.7%
Total debt$2.9B-7.1%
Total equity$4.8B+4.3%
Total assets$10.2B+6.5%

Cash flow

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Operating cash flow$621.5M+0.2%
CapEx$90.9M-9.0%
Free cash flow$530.6M+1.9%

Valuation

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Market cap$67.88B-3.9%
Enterprise value$70.62B-4.0%
P/E35×-4.7×
P/S6.2×-0.8×

Profitability

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Gross margin50.4%+0.9pp
Operating margin23%+0.2pp
Net margin17.6%0.0pp

Returns & leverage

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Return on equity41.3%+1.0pp
Current ratio+0.3×

Where this comes from

Calculated from Cintas’s reported figures.

Based on the most recent quarter.

The official record: Cintas’s 10-Q, filed April 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cintas's debt-to-equity?
Cintas (CTAS) reported debt-to-equity of 0.6× in Q4 2025.
How has Cintas's debt-to-equity changed year-over-year?
Cintas's debt-to-equity decreased by 10.9% year-over-year, from 0.7× to 0.6×.
What is the long-term trend for Cintas's debt-to-equity?
Over 4 years (2021 to 2025), Cintas's debt-to-equity has grown at a -4.4% compound annual growth rate (CAGR), from 3.4× to 2.8×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.