Cintas Corporation (CTAS) — Tangible Net Worth Ratio
Cintas Corporation (CTAS) has a Tangible Net Worth Ratio of 93.3% as of November 2025. This metric is calculated by deducting intangible assets ($297.73 Million) from net assets ($4.46 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 working capital to net assets of Cintas Corporation to evaluate short-term liquidity relative to the company's equity base.
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 November 2025, the ratio stands at 93.3%, reflecting net assets of $4.46 Billion with intangible assets of $297.73 Million USD. See how many days can Cintas Corporation fund operations to measure how many days the company can operate on defensive assets alone.
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 | — |