Cintas Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for Cintas Corporation (CTAS), the latest P/E of 39.9 frames valuation, while ROE 41.80% and ROIC 23.39% indicates profitability and capital efficiency. Together with the current ratio of 1.43 and debt-to-equity 0.53, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CTAS Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$28.15$25.62$23.60$21.68$19.03$16.96$17.06$16.24$15.19$12.68
Net Income per Share$5.00$4.49$3.87$3.32$2.99$2.65$2.11$2.09$1.98$1.14
Operating Cash Flow per Share$5.69$5.37$5.11$3.93$3.73$3.24$3.11$2.52$2.26$1.82
Free Cash Flow per Share$4.70$4.35$4.11$3.12$3.14$2.90$2.56$1.86$1.62$1.17
Cash per Share$0.72$0.65$0.84$0.31$0.22$1.18$0.35$0.23$0.33$0.46
Book Value per Share$12.84$11.61$10.62$9.50$8.02$8.79$7.79$7.08$7.07$5.48
Tangible Book Value per Share$3.27$2.41$1.52$0.81$-0.58$0.67$-0.29$-0.87$-0.95$-2.62
Interest Debt per Share$7.03$6.83$6.81$6.84$7.41$6.71$6.77$6.96$6.20$7.67
CAPEX per Share$0.99$1.01$1.01$0.81$0.58$0.34$0.55$0.65$0.64$0.65

CTAS Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)39.8650.4343.8535.633.2633.3229.7426.5923.0527.49
Price to Book (P/B)15.4219.5115.9712.4212.4210.048.057.846.445.74
Price to Sales (P/S)7.048.847.185.445.235.23.683.4132.48
Enterprise Value to EBITDA27.332.5127.9822.5521.9121.9418.416.6717.6316.58
EV to Sales7.258.997.365.685.555.474.013.783.343.02
EV to Operating Cash Flow35.8942.9333.9631.3628.3628.621.9824.4222.4521.02
EV to Free Cash Flow43.4252.9142.2839.5633.6231.9726.7432.9631.2632.74
Enterprise Value$81.69B$92.97B$70.63B$50.11B$43.61B$38.91B$28.38B$26.08B$21.65B$16.06B

CTAS Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)41.80%38.69%36.41%34.89%37.35%30.13%27.08%29.47%27.93%20.87%
Return on Invested Capital (ROIC)23.39%22.95%20.22%18.78%17.80%15.80%13.49%13.31%14.01%8.20%
Return on Tangible Assets29.86%29.64%27.17%25.46%25.30%21.57%18.95%20.76%22.93%13.21%
Earnings Yield2.52%1.98%2.28%2.81%3.01%3.00%3.36%3.76%4.34%3.64%
Free Cash Flow Yield2.37%1.92%2.42%2.64%3.16%3.29%4.07%3.36%3.56%3.71%
Dividend Yield0.94%0.67%0.77%0.94%0.91%1.22%1.03%0.94%0.90%1.08%

CTAS Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.432.091.121.491.141.011.651.231.641.17
Interest Coverage24.5223.3420.5316.2117.8714.1111.0311.148.628.94
Income Quality1.141.21.321.191.241.221.471.211.141.59
Debt to Equity0.530.570.620.690.90.740.840.950.841.36
Debt to Assets25.70%27.02%28.14%30.22%35.21%31.75%33.91%37.33%35.73%44.50%
Net Debt to EBITDA0.810.840.921.151.451.251.661.761.953.06

CTAS Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover7.247.37.717.657.647.78.147.517.866.82
Payables Turnover12.0510.6514.4815.3616.7916.4716.6716.6516.5916.62
Inventory Turnover12.4511.5511.979.168.947.899.4211.2512.7310.58
Days Sales Outstanding50.3950.0347.3247.7447.7747.3944.8448.5946.4553.5
Days Payables Outstanding30.2934.2725.2123.7721.7422.1621.8921.922221.96
Days of Inventory on Hand29.3231.6130.4939.8340.8246.2638.7532.4528.6834.5

CTAS Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA27.332.5127.9822.5521.9121.9418.416.6717.6316.58
Market Cap$79.27B$90.58B$68.30B$47.56B$40.73B$36.69B$25.82B$23.32B$19.25B$13.09B
Enterprise Value$81.69B$92.97B$70.63B$50.11B$43.61B$38.91B$28.38B$26.08B$21.65B$16.06B
Dividend Yield0.94%0.67%0.77%0.94%0.91%1.22%1.03%0.94%0.90%1.08%
Payout Ratio35.07%33.75%33.78%33.38%30.36%40.62%30.59%24.95%20.84%29.63%

Frequently Asked Questions

How does Cintas Corporation’s P/E ratio compare with its history?

On this page, CTAS's current P/E is 39.9, compared with a multi-year average around 34.3. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Cintas Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $79.27B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Cintas Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Cintas Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Cintas Corporation compare to its competitors in key financial ratios?

The fastest way to compare Cintas Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Cintas Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Cintas Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Cintas Corporation is financially strong. Current ratio is about 1.43, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 24.52, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.53, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Cintas Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Cintas Corporation is sustaining strong returns (for example ROE at 41.80% and ROIC at 23.39%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.