Cintas Corporation (CTAS) — Working Capital to Net Assets Ratio
Cintas Corporation (CTAS) has a Working Capital to Net Assets ratio of 22.7% as of May 2026. Working capital of $1.17 Billion (current assets of $3.85 Billion minus current liabilities of $2.69 Billion) is measured against net assets of $5.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CTAS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cintas Corporation Working Capital to Net Assets (1986–2026)
This chart shows how Cintas Corporation's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 22.7%, reflecting working capital of $1.17 Billion against net assets of $5.14 Billion USD. For the complete balance sheet picture, see CTAS current and non-current assets.
Annual Working Capital to Net Assets for Cintas Corporation (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cintas Corporation from 1986 to 2026, covering 41 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. Check Cintas Corporation asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 22.7% | $1.17 Billion | $5.14 Billion | $3.85 Billion | $2.69 Billion | ▼ -15.6 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 | — |