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
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $70.71B | 23.34x | N/A | N/A | N/A |
| Norfolk Southern Corporation (NSC)vs › | $69.81B | 5.06x | 4.86x | 5.11x | 5.44x |
| Comfort Systems USA, Inc. (FIX)vs › | $67.38B | 145.70x | 129.21x | 79.42x | 62.41x |
| Illinois Tool Works Inc. (ITW)vs › | $77.30B | 14.44x | 14.75x | 15.84x | 15.76x |
| PACCAR Inc (PCAR)vs › | $63.41B | 8.55x | 82.93x | 443.94x | 473.70x |
| Rocket Lab USA, Inc. (RKLB)vs › | $60.57B | -8.64x | N/A | N/A | N/A |
| L3Harris Technologies, Inc. (LHX)vs › | $57.84B | 3.60x | 3.29x | 3.30x | 4.95x |
| 3M Company (MMM)vs › | $84.43B | 6.34x | 5.25x | 5.76x | 8.68x |
| Emerson Electric Co. (EMR)vs › | $84.89B | 9.13x | 8.69x | 9.57x | 11.00x |
| Delta Air Lines, Inc. (DAL)vs › | $54.62B | 8.57x | 8.30x | 6.70x | 5.65x |
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.
- Sector
- Industrials
- Industry
- Specialty Business Services
- CEO
- Todd Schneider