Cintas Corporation (CTAS) — Tangible Net Worth Ratio
Cintas Corporation (CTAS) has a Tangible Net Worth Ratio of 94.4% as of May 2026. This metric is calculated by deducting intangible assets ($287.87 Million) from net assets ($5.14 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. Also explore Cintas Corporation equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cintas Corporation Tangible Net Worth Ratio (1986–2026)
This chart shows how Cintas Corporation's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 94.4%, reflecting net assets of $5.14 Billion with intangible assets of $287.87 Million USD. For live market cap and overall valuation, see how much is Cintas Corporation worth.
Annual Tangible Net Worth Ratio for Cintas Corporation (1986–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Cintas Corporation from 1986 to 2026, covering 41 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. Explore Cintas Corporation capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 94.4% | $5.14 Billion | $287.87 Million | $10.53 Billion | ▲ +1.0 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 | — |