Cintas Corporation (CTAS) — Working Capital to Net Assets Ratio
Cintas Corporation (CTAS) has a Working Capital to Net Assets ratio of 32.9% as of November 2025. Working capital of $1.46 Billion (current assets of $3.54 Billion minus current liabilities of $2.08 Billion) is measured against net assets of $4.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cintas Corporation net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cintas Corporation Working Capital to Net Assets (1986–2025)
This chart shows how Cintas Corporation's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of November 2025, the ratio stands at 32.9%, reflecting working capital of $1.46 Billion against net assets of $4.46 Billion USD. Check how tangible is Cintas Corporation's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cintas Corporation (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cintas Corporation from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see CTAS company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.2% | $1.79 Billion | $4.68 Billion | $3.44 Billion | $1.64 Billion | ▲ +33.1 pp |
| 2024 | 5.1% | $221.94 Million | $4.32 Billion | $2.05 Billion | $1.83 Billion | ▼ -10.5 pp |
| 2023 | 15.6% | $603.98 Million | $3.86 Billion | $1.83 Billion | $1.23 Billion | ▲ +9.6 pp |
| 2022 | 6.0% | $198.69 Million | $3.31 Billion | $1.63 Billion | $1.43 Billion | ▲ +5.5 pp |
| 2021 | 0.5% | $19.72 Million | $3.69 Billion | $1.95 Billion | $1.93 Billion | ▼ -17.3 pp |
| 2020 | 17.9% | $577.89 Million | $3.24 Billion | $1.46 Billion | $885.20 Million | ▲ +9.4 pp |
| 2019 | 8.5% | $254.81 Million | $3.00 Billion | $1.38 Billion | $1.13 Billion | ▼ -31.4 pp |
| 2018 | 39.8% | $1.20 Billion | $3.02 Billion | $1.98 Billion | $775.86 Million | ▲ +31.7 pp |
| 2017 | 8.2% | $187.92 Million | $2.30 Billion | $1.32 Billion | $1.13 Billion | ▼ -4.7 pp |
| 2016 | 12.8% | $236.74 Million | $1.84 Billion | $1.05 Billion | $815.55 Million | ▼ -44.8 pp |
| 2015 | 57.7% | $1.11 Billion | $1.93 Billion | $1.74 Billion | $621.06 Million | ▲ +27.2 pp |
| 2014 | 30.5% | $669.01 Million | $2.19 Billion | $1.30 Billion | $630.13 Million | ▲ +4.5 pp |
| 2013 | 26.0% | $571.82 Million | $2.20 Billion | $1.13 Billion | $556.26 Million | ▲ +6.4 pp |
| 2012 | 19.5% | $417.89 Million | $2.14 Billion | $1.09 Billion | $670.89 Million | ▼ -18.4 pp |
| 2011 | 37.9% | $872.81 Million | $2.30 Billion | $1.31 Billion | $434.14 Million | ▲ +6.0 pp |
| 2010 | 31.9% | $809.16 Million | $2.53 Billion | $1.19 Billion | $383.68 Million | ▲ +4.8 pp |
| 2009 | 27.2% | $642.87 Million | $2.37 Billion | $934.83 Million | $291.95 Million | ▲ +3.0 pp |
| 2008 | 24.2% | $544.68 Million | $2.25 Billion | $911.92 Million | $367.24 Million | ▲ +5.3 pp |
| 2007 | 18.9% | $408.77 Million | $2.17 Billion | $811.80 Million | $403.04 Million | ▼ -1.7 pp |
| 2006 | 20.5% | $428.69 Million | $2.09 Billion | $840.52 Million | $411.83 Million | ▼ -3.5 pp |
| 2005 | 24.0% | $504.61 Million | $2.10 Billion | $861.09 Million | $356.48 Million | ▼ -13.5 pp |
| 2004 | 37.5% | $708.56 Million | $1.89 Billion | $1.03 Billion | $325.69 Million | ▲ +2.7 pp |
| 2003 | 34.8% | $572.71 Million | $1.65 Billion | $877.54 Million | $304.84 Million | ▼ -3.2 pp |
| 2002 | 38.0% | $540.62 Million | $1.42 Billion | $853.25 Million | $312.63 Million | ▼ -8.2 pp |
| 2001 | 46.2% | $568.77 Million | $1.23 Billion | $819.67 Million | $250.90 Million | ▼ -0.4 pp |
| 2000 | 46.6% | $486.08 Million | $1.04 Billion | $721.47 Million | $235.39 Million | ▼ -1.9 pp |
| 1999 | 48.5% | $422.40 Million | $871.40 Million | $634.50 Million | $212.10 Million | ▼ -4.9 pp |
| 1998 | 53.4% | $349.60 Million | $654.50 Million | $508.60 Million | $159.00 Million | ▲ +6.6 pp |
| 1997 | 46.8% | $239.90 Million | $512.40 Million | $356.00 Million | $116.10 Million | ▲ +1.4 pp |
| 1996 | 45.4% | $194.90 Million | $429.50 Million | $297.50 Million | $102.60 Million | ▲ +5.2 pp |
| 1995 | 40.2% | $146.40 Million | $364.30 Million | $241.40 Million | $95.00 Million | ▼ -1.8 pp |
| 1994 | 42.0% | $130.00 Million | $309.70 Million | $221.50 Million | $91.50 Million | ▼ -4.0 pp |
| 1993 | 46.0% | $121.90 Million | $264.90 Million | $187.10 Million | $65.20 Million | ▲ +7.6 pp |
| 1992 | 38.4% | $86.80 Million | $225.90 Million | $138.70 Million | $51.90 Million | ▲ +3.9 pp |
| 1991 | 34.5% | $64.10 Million | $185.60 Million | $117.50 Million | $53.40 Million | ▼ -9.0 pp |
| 1990 | 43.6% | $68.60 Million | $157.40 Million | $115.40 Million | $46.80 Million | ▼ -6.3 pp |
| 1989 | 49.9% | $66.80 Million | $133.90 Million | $104.70 Million | $37.90 Million | ▼ -6.5 pp |
| 1988 | 56.4% | $53.20 Million | $94.40 Million | $86.30 Million | $33.10 Million | ▼ -4.1 pp |
| 1987 | 60.5% | $47.00 Million | $77.70 Million | $77.20 Million | $30.20 Million | ▼ -14.4 pp |
| 1986 | 74.8% | $48.50 Million | $64.80 Million | $70.70 Million | $22.20 Million | — |