Cintas Corporation (CTAS) — Tangible Net Worth Ratio
Cintas Corporation (CTAS) has a Tangible Net Worth Ratio of 94.0% as of February 2026. This metric is calculated by deducting intangible assets ($286.75 Million) from net assets ($4.79 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is Cintas Corporation's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cintas Corporation Tangible Net Worth Ratio (1986–2025)
This chart shows how Cintas Corporation's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 94.0%, reflecting net assets of $4.79 Billion with intangible assets of $286.75 Million USD. Also explore net asset growth rate of Cintas Corporation to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Cintas Corporation (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Cintas Corporation from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Cintas Corporation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.4% | $4.68 Billion | $309.83 Million | $9.83 Billion | ▲ +4.6 pp |
| 2024 | 88.8% | $4.32 Billion | $484.36 Million | $9.48 Billion | ▲ +1.1 pp |
| 2023 | 87.6% | $3.86 Billion | $477.54 Million | $8.83 Billion | ▲ +2.9 pp |
| 2022 | 84.8% | $3.31 Billion | $503.52 Million | $8.43 Billion | ▼ -1.9 pp |
| 2021 | 86.7% | $3.69 Billion | $491.72 Million | $8.56 Billion | ▲ +1.7 pp |
| 2020 | 85.0% | $3.24 Billion | $485.23 Million | $7.98 Billion | ▲ +2.6 pp |
| 2019 | 82.4% | $3.00 Billion | $528.96 Million | $7.63 Billion | ▲ +0.5 pp |
| 2018 | 81.9% | $3.02 Billion | $545.77 Million | $6.96 Billion | ▲ +8.8 pp |
| 2017 | 73.1% | $2.30 Billion | $618.96 Million | $7.04 Billion | ▼ -21.9 pp |
| 2016 | 95.0% | $1.84 Billion | $92.48 Million | $4.23 Billion | ▼ -2.8 pp |
| 2015 | 97.8% | $1.93 Billion | $42.43 Million | $4.19 Billion | ▲ +1.2 pp |
| 2014 | 96.6% | $2.19 Billion | $75.30 Million | $4.46 Billion | ▲ +1.8 pp |
| 2013 | 94.8% | $2.20 Billion | $115.02 Million | $4.35 Billion | ▼ -0.6 pp |
| 2012 | 95.4% | $2.14 Billion | $99.46 Million | $4.16 Billion | ▲ +1.1 pp |
| 2011 | 94.2% | $2.30 Billion | $132.87 Million | $4.35 Billion | ▼ -0.8 pp |
| 2010 | 95.1% | $2.53 Billion | $124.73 Million | $3.97 Billion | ▲ +1.5 pp |
| 2009 | 93.5% | $2.37 Billion | $152.90 Million | $3.72 Billion | ▲ +2.0 pp |
| 2008 | 91.6% | $2.25 Billion | $190.11 Million | $3.81 Billion | ▲ +1.4 pp |
| 2007 | 90.2% | $2.17 Billion | $212.36 Million | $3.57 Billion | ▲ +0.4 pp |
| 2006 | 89.8% | $2.09 Billion | $213.52 Million | $3.43 Billion | ▼ -1.4 pp |
| 2005 | 91.1% | $2.10 Billion | $186.46 Million | $3.06 Billion | ▲ +33.8 pp |
| 2004 | 57.3% | $1.89 Billion | $805.44 Million | $2.81 Billion | ▲ +1.2 pp |
| 2003 | 56.2% | $1.65 Billion | $721.86 Million | $2.58 Billion | ▲ +3.8 pp |
| 2002 | 52.3% | $1.42 Billion | $678.60 Million | $2.52 Billion | ▼ -47.7 pp |
| 2001 | 100.0% | $1.23 Billion | $0.00 | $1.75 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $1.04 Billion | $0.00 | $1.58 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $871.40 Million | $0.00 | $1.41 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $654.50 Million | $0.00 | $1.02 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $512.40 Million | $0.00 | $761.80 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $429.50 Million | $0.00 | $668.80 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $364.30 Million | $0.00 | $596.20 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $309.70 Million | $0.00 | $501.60 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $264.90 Million | $0.00 | $454.20 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $225.90 Million | $0.00 | $361.30 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $185.60 Million | $0.00 | $305.80 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $157.40 Million | $0.00 | $254.20 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $133.90 Million | $0.00 | $213.60 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $94.40 Million | $0.00 | $179.90 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $77.70 Million | $0.00 | $161.80 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $64.80 Million | $0.00 | $130.80 Million | — |