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Cintas CTAS Net debt / EBITDA

Net debt / EBITDA at other companies

Comfort Systems USA logo
Comfort Systems USAFIX
-0.3×-1.2×
APi Group logo
APi GroupAPG
3.2×-1.0×
United Rentals logo
United RentalsURI
3.8×+0.4×
EMCOR Group logo
EMCOR GroupEME
-0.2×+0.4×
Republic Services logo
Republic ServicesRSG
-0×0.0×
3M logo
3MMMM
1.3×+0.2×

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
Debt / equity0.6×-0.1×
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 net debt / EBITDA?
Cintas (CTAS) reported net debt / EBITDA of 1× in Q4 2025.
How has Cintas's net debt / EBITDA changed year-over-year?
Cintas's net debt / EBITDA decreased by 13.5% year-over-year, from 1.1× to 1×.
What is the long-term trend for Cintas's net debt / EBITDA?
Over 4 years (2021 to 2025), Cintas's net debt / EBITDA has grown at a -9.4% compound annual growth rate (CAGR), from 6.8× to 4.6×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.