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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Cintas Corporation (CTAS) Quarterly Financial Ratios

Last 47 quarters of trend data · Industrials · Specialty Business Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Cintas Corporation's quarterly P/E stands at 38.4x, down 25.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 6.2% YoY to 29.9x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
P/E Ratio →38.6538.4343.7651.9545.9151.7945.7542.3740.9238.4233.8835.5535.13
—-25.8%-4.3%+22.6%+12.2%+34.8%+35.0%+19.2%+16.5%+3.8%+13.3%+1.4%+12.3%
P/S Ratio6.636.757.918.708.169.058.267.096.746.015.575.345.18
—-25.4%-4.2%+22.7%+21.0%+50.6%+48.2%+32.6%+30.2%+9.5%+14.9%+6.6%+2.4%
P/B Ratio14.8916.9718.0819.8118.5421.6020.5516.2315.3214.3012.8112.6412.48
—-21.4%-12.0%+22.0%+21.0%+51.0%+60.4%+28.4%+22.7%+2.8%-1.6%+0.5%+3.7%
P/FCF39.0044.4868.7744.5240.7768.1855.2629.6329.4847.7956.7027.3332.64
—-34.8%+24.4%+50.3%+38.3%+42.7%-2.5%+8.4%-9.7%-2.0%+23.1%+25.0%+10.7%
EV / EBITDA24.8529.9429.7533.0829.7131.9331.5627.3126.6524.6022.5522.3021.91
—-6.2%-5.7%+21.1%+11.5%+29.8%+39.9%+22.5%+21.6%+5.9%+8.0%+1.7%+4.5%
EV / EBIT30.0529.9435.6839.6935.8340.3537.9532.8332.1729.9327.3427.2326.93
—-25.8%-6.0%+20.9%+11.4%+34.8%+38.8%+20.6%+19.5%+5.1%+6.7%-0.9%+3.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Cintas Corporation's operating margin was 23.4% in Q2 2026, up 0.7 pp QoQ and up 0.3 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency.

Margins

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Gross Margin50.0%50.4%50.3%49.7%50.6%49.8%50.1%47.5%47.7%48.0%48.7%47.7%47.2%
—+1.2%+0.4%+4.6%+6.1%+3.8%+2.7%-0.3%+1.0%+2.1%+2.7%+4.5%+3.1%
Operating Margin22.8%23.4%22.7%22.4%23.4%23.1%22.4%22.2%21.6%21.0%21.4%20.6%20.4%
—+1.4%+1.4%+1.1%+8.0%+9.8%+4.9%+7.5%+6.1%+2.7%+5.2%+5.7%-1.9%
Net Margin17.5%17.7%18.1%16.8%17.8%17.5%18.1%16.8%16.5%15.8%16.4%15.2%14.9%
—+1.0%-0.0%+0.2%+7.5%+11.1%+9.9%+10.6%+11.1%+5.7%+1.3%+6.8%-7.5%

Return on Capital

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
ROE40.3%10.8%10.4%9.7%10.4%10.8%10.8%9.7%9.7%9.3%9.7%9.2%9.2%
—-0.3%-4.0%-0.3%+8.0%+16.2%+11.8%+4.9%+4.7%-4.7%-9.9%+3.5%+0.3%
ROA18.8%5.0%5.0%4.6%4.9%4.9%4.9%4.5%4.5%4.3%4.4%4.0%3.9%
—+2.0%+2.5%+2.8%+9.3%+13.9%+11.0%+12.1%+15.9%+9.9%+4.1%+12.8%-1.0%
ROIC25.8%6.7%6.5%6.3%6.5%6.4%6.3%6.1%5.8%5.6%5.7%5.5%5.2%
—+3.3%+2.7%+3.7%+12.8%+15.4%+9.2%+11.6%+11.0%+6.8%+8.9%+12.4%+4.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Cintas Corporation's Debt/EBITDA ratio is 4.9x, up from 3.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 72.8% YoY to 1.71x, strengthening the short-term liquidity position.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Debt / Equity0.570.730.560.570.590.660.710.620.630.720.650.690.80
—+9.6%-20.3%-8.3%-6.9%-7.6%+8.1%-10.5%-21.6%-20.6%-33.5%-23.0%-12.7%
Debt / EBITDA0.934.933.603.693.653.814.204.034.224.714.384.635.31
—+29.4%-14.3%-8.4%-13.4%-19.1%-4.3%-13.1%-20.6%-17.0%-25.3%-20.9%-11.0%
Current Ratio2.091.712.242.091.110.990.951.121.501.401.601.491.38
—+72.8%+135.5%+86.3%-26.3%-29.8%-40.6%-24.8%+9.0%+14.5%+42.8%+30.9%+100.1%
Quick Ratio1.821.491.941.820.890.790.750.901.151.061.181.080.99
—+88.5%+158.8%+102.6%-22.4%-25.1%-36.2%-16.9%+15.3%+17.8%+42.4%+33.4%+97.8%
Interest Coverage23.3423.3525.5724.8324.6322.1821.9022.7420.4018.7920.3918.2715.50
—————————————

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Includes 30+ ratios · 47 years · Updated daily

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CTAS — Frequently Asked Questions

Quick answers to the most common questions about buying CTAS stock.

What is Cintas Corporation's quarterly P/E ratio trend?

Cintas Corporation's current P/E is 38.6x. The average P/E over the last 4 quarters is 45.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Cintas Corporation's margins change by quarter?

Cintas Corporation's current operating margin is 22.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at CTAS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Cintas Corporation's business trajectory between earnings reports.

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