Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 25.70% is 19% below its 5-year average of 31.57%, near the low end of its 5-year range (25.70%–38.37%).
As of the fiscal period ended Sunday, May 31, 2026. 8.46% below its 12-month average of 28.07%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
25.70%
DEBT TO ASSETS RATIO AVG TTM
28.07%
DEBT TO ASSETS RATIO AVG 3Y
29.32%
DEBT TO ASSETS RATIO AVG 5Y
31.57%
DEBT TO ASSETS RATIO AVG 10Y
33.40%
DEBT TO ASSETS RATIO AVG 15Y
32.14%
DEBT TO ASSETS RATIO AVG 20Y
29.78%
CURRENT VS TTM AVG
-8.46%
CURRENT VS 3Y AVG
-12.35%
CURRENT VS 5Y AVG
-18.59%
CURRENT VS 10Y AVG
-23.06%
CURRENT VS 15Y AVG
-20.04%
CURRENT VS 20Y AVG
-13.69%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+9245.34%
vs the sector median at left
Cintas Corporation
Market Cap
$81.89B
Debt to Assets Ratio
25.70%
TTM Avg
28.07%
3Y Avg
29.32%
5Y Avg
31.57%
Market Cap
$82.56B
Debt to Assets Ratio
0.56%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$83.91B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$78.14B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.07B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.03B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.95B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$75.35B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $81.89B | 25.70% | 28.07% | 29.32% | 31.57% |
| Illinois Tool Works Inc. (ITW)vs › | $82.56B | 0.56% | N/A | N/A | N/A |
| Emerson Electric Co. (EMR)vs › | $83.91B | 0.33% | N/A | N/A | N/A |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.14B | 0.27% | N/A | N/A | N/A |
| Northrop Grumman Corporation (NOC)vs › | $77.07B | 0.38% | N/A | N/A | N/A |
| Honeywell International Inc. (HON)vs › | $77.03B | 0.47% | N/A | N/A | N/A |
| Canadian National Railway Company (CNI)vs › | $76.95B | 0.37% | N/A | N/A | N/A |
| Cummins Inc. (CMI)vs › | $87.51B | 0.24% | N/A | N/A | N/A |
| Norfolk Southern Corporation (NSC)vs › | $75.35B | 0.38% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 0.44% | N/A | N/A | N/A |
Debt/Assets
25.7%
Debt/Equity
0.53
Current Ratio
1.43
Interest Coverage
24.5x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-05-31 | 25.70% |
| 2026-02-28 | 28.52% |
| 2025-11-30 | 31.95% |
| 2025-08-31 | 27.19% |
| 2025-05-31 | 27.02% |
| 2025-02-28 | 28.01% |
| 2024-11-30 | 30.39% |
| 2024-08-31 | 31.29% |
| 2024-05-31 | 28.14% |
| 2024-02-29 | 29.69% |
| 2023-11-30 | 32.53% |
| 2023-08-31 | 30.53% |
| 2023-05-31 | 30.22% |
| 2023-02-28 | 34.46% |
| 2022-11-30 | 36.79% |
| 2022-08-31 | 38.37% |
| 2022-05-31 | 35.21% |
| 2022-02-28 | 37.07% |
| 2021-11-30 | 32.70% |
| 2021-08-31 | 35.43% |
| 2021-05-31 | 31.75% |
| 2021-02-28 | 32.40% |
| 2020-11-30 | 31.95% |
| 2020-08-31 | 33.64% |
| 2020-05-31 | 33.91% |
| 2020-02-29 | 36.83% |
| 2019-11-30 | 36.94% |
| 2019-08-31 | 39.75% |
| 2019-05-31 | 37.33% |
| 2019-02-28 | 37.05% |
| 2018-11-30 | 36.60% |
| 2018-08-31 | 34.80% |
| 2018-05-31 | 35.73% |
| 2018-02-28 | 39.29% |
| 2017-11-30 | 40.61% |
| 2017-08-31 | 41.47% |
| 2017-05-31 | 44.50% |
| 2017-02-28 | 26.80% |
| 2016-11-30 | 26.36% |
| 2016-08-31 | 29.00% |
| 2016-05-31 | 31.67% |
| 2016-02-29 | 30.72% |
| 2015-11-30 | 29.21% |
| 2015-08-31 | 31.53% |
| 2015-05-31 | 31.01% |
| 2015-02-28 | 29.86% |
| 2014-11-30 | 27.67% |
| 2014-08-31 | 28.53% |
| 2014-05-31 | 29.15% |
| 2014-02-28 | 29.57% |
| 2013-11-30 | 29.81% |
| 2013-08-31 | 30.36% |
| 2013-05-31 | 30.13% |
| 2013-02-28 | 31.02% |
| 2012-11-30 | 31.05% |
| 2012-08-31 | 31.54% |
| 2012-05-31 | 30.88% |
| 2012-02-29 | 30.21% |
| 2011-11-30 | 30.49% |
| 2011-08-31 | 31.15% |
| 2011-05-31 | 29.55% |
| 2011-02-28 | 20.34% |
| 2010-11-30 | 20.04% |
| 2010-08-31 | 20.24% |
| 2010-05-31 | 19.80% |
| 2010-02-28 | 19.85% |
| 2009-11-30 | 20.23% |
| 2009-08-31 | 20.81% |
| 2009-05-31 | 21.14% |
| 2009-02-28 | 21.15% |
| 2008-11-30 | 23.11% |
| 2008-08-31 | 24.84% |
| 2008-05-31 | 24.78% |
| 2008-02-29 | 25.66% |
| 2007-11-30 | 25.65% |
| 2007-08-31 | 24.32% |
| 2007-05-31 | 24.68% |
| 2007-02-28 | 25.19% |
| 2006-11-30 | 23.04% |
| 2006-08-31 | 25.32% |
| 2006-05-31 | 23.32% |
| 2006-02-28 | 18.99% |
| 2005-11-30 | 14.94% |
| 2005-08-31 | 17.02% |
| 2005-05-31 | 15.45% |
| 2005-02-28 | 15.46% |
| 2004-11-30 | 15.88% |
| 2004-08-31 | 17.03% |
| 2004-05-31 | 17.23% |
| 2004-02-29 | 18.32% |
| 2003-11-30 | 18.79% |
| 2003-08-31 | 21.35% |
| 2003-05-31 | 21.80% |
| 2003-02-28 | 22.62% |
| 2002-11-30 | 24.31% |
| 2002-08-31 | 26.83% |
