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Cintas Corporation (CTAS)
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Cintas Corporation (CTAS) Interest Coverage Ratio: 23.34x

The interest coverage ratio for Cintas Corporation (CTAS) is 23.34x as of Wednesday, June 17, 2026.

CTAS Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

23.34x

CTAS Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Cintas Corporation (CTAS)$70.71B23.34xN/AN/AN/A
Norfolk Southern Corporation (NSC)vs ›$69.81B5.06x4.86x5.11x5.44x
Comfort Systems USA, Inc. (FIX)vs ›$67.38B145.70x129.21x79.42x62.41x
Illinois Tool Works Inc. (ITW)vs ›$77.30B14.44x14.75x15.84x15.76x
PACCAR Inc (PCAR)vs ›$63.41B8.55x82.93x443.94x473.70x
Rocket Lab USA, Inc. (RKLB)vs ›$60.57B-8.64xN/AN/AN/A
L3Harris Technologies, Inc. (LHX)vs ›$57.84B3.60x3.29x3.30x4.95x
3M Company (MMM)vs ›$84.43B6.34x5.25x5.76x8.68x
Emerson Electric Co. (EMR)vs ›$84.89B9.13x8.69x9.57x11.00x
Delta Air Lines, Inc. (DAL)vs ›$54.62B8.57x8.30x6.70x5.65x

Financial Health Indicators

Interest Coverage

23.3x

Debt/Equity

0.57

Current Ratio

2.09

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Cintas Corporation Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Cintas Corporation Interest Coverage Ratio FAQ

What is the interest coverage ratio for Cintas Corporation (CTAS)?
The interest coverage ratio for CTAS stock is 23.34x.

About Cintas Corporation

Cintas Corporation specializes in supplying professional uniforms and a range of essential business services primarily across the United States, Canada, and Latin America. The company's operations are divided into three main divisions: Uniform Rental and Facility Services, First Aid and Safety Services, and an 'All Other' segment. Within its Uniform Rental and Facility Services division, Cintas offers rental and maintenance for various workwear, including flame-resistant apparel, alongside floor mats, mops, and industrial towels. This segment also manages restroom sanitation solutions, providing both cleaning services and supplies, and directly sells new uniforms. Additionally, its First Aid and Safety Services segment delivers comprehensive first aid programs, safety solutions, and fire suppression products and services. Cintas reaches its diverse clientele, ranging from small service and manufacturing businesses to large corporate entities, through an extensive distribution network, dedicated local delivery routes, and direct representatives. Established in 1968, Cintas Corporation maintains its headquarters in Cincinnati, Ohio.

Cincinnati, OH
46,500 employees
Industrials / Specialty Business Services
Sector
Industrials
Industry
Specialty Business Services
CEO
Todd Schneider