CTAS (Cintas) Debt-to-EBITDA : 0.92 (As of Feb. 2026) — 39% Below Median


CTAS Cintas Corp CTAS
96 GF Score
Price $181.62
GF Value $209.80
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Cintas Debt-to-EBITDA?

Cintas CTAS +1.90% 96 Debt-to-EBITDA is 0.92 as of Feb. 2026, which is 39% below its 10-year median of 1.51. GuruFocus rates CTAS with a GF Score™ of 96/100 and a GF Value™ of $209.80 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 837 Business Services companies, Cintas ranks better than 62.25% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cintas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $284 Mil. Cintas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $2,635 Mil. Cintas's annualized EBITDA for the quarter that ended in Feb. 2026 was $3,158 Mil. Cintas's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 0.92.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cintas's Debt-to-EBITDA or its related term are showing as below:

CTAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93   Med: 1.51   Max: 3.23
Current: 0.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cintas was 3.23. The lowest was 0.93. And the median was 1.51.

CTAS's Debt-to-EBITDA is ranked better than
62.25% of 837 companies
in the Business Services industry
Industry Median: 1.6 vs CTAS: 0.96

Cintas  (NAS:CTAS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cintas Debt-to-EBITDA Related Terms


Cintas Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cintas's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cintas Debt-to-EBITDA Chart

Cintas Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.49 1.20 1.05 0.93

Cintas Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.91 0.90 1.03 0.92

CTAS vs CPRT, ULS, GPN: Debt-to-EBITDA Comparison

For the Specialty Business Services subindustry, Cintas's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cintas Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cintas's Debt-to-EBITDA falls into.


CTAS
96GF Score
Cintas Corp CTAS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Cintas Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cintas's Debt-to-EBITDA for the fiscal year that ended in May. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(50.744 + 2603.737) / 2859.493
=0.93

Cintas's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(283.62 + 2634.567) / 3157.516
=0.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.92 mean?
Cintas (CTAS) has a Debt-to-EBITDA of 0.92 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cintas. This is 39% below median its historical median of 1.51. Over the past decade, Cintas' Debt-to-EBITDA has ranged from 0.93 to 3.23. According to the industry distribution chart, Cintas ranks #316 out of 837 companies in the Business Services industry, placing it in the top 37.8%.
Is Cintas' Debt-to-EBITDA too high?
Cintas' current Debt-to-EBITDA of 0.92 is 39% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.23. The Business Services industry median Debt-to-EBITDA is 1.60. Cintas' value of 0.92 is 42.5% below this industry median. Based on the distribution chart, Cintas ranks #316 out of 837 companies in the Business Services industry, which is above the industry midpoint. Overall, Cintas has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cintas' Debt-to-EBITDA compare to CPRT and ULS?
According to the Business Services industry distribution chart, Cintas ranks #316 out of 837 companies for Debt-to-EBITDA. This puts Cintas in the upper half of its industry. The industry median Debt-to-EBITDA is 1.60. Cintas' value of 0.92 is 42.5% below this benchmark. Historically, Cintas' own Debt-to-EBITDA has ranged from 0.93 to 3.23 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.60, Cintas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.60, based on 837 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cintas's current Debt-to-EBITDA of 0.92 is 42.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cintas. For the Business Services industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cintas's current Debt-to-EBITDA is 0.92, which is 39% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cintas stock overvalued right now?
Based on GuruFocus' analysis, Cintas (CTAS) is currently considered Modestly Undervalued. The stock's GF Value™ is $209.80, compared to a current price of $181.62 — trading 13.4% below its estimated fair value. The current Debt-to-EBITDA is 0.92, which is 39% below median its 10-year median of 1.51 and 42.5% below the Business Services industry median of 1.60. Cintas' overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cintas (CTAS), the current Debt-to-EBITDA is 0.92 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cintas (CTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cintas stock appears to be undervalued. The current stock price of $181.62 is trading 13.4% below its estimated GF Value™ of $209.80. GuruFocus considers Cintas to be Modestly Undervalued.

Key valuation signals for CTAS:

  • Debt-to-EBITDA: 0.92 (39% below median its 10-year median of 1.51)
  • GF Value™: $209.80 vs. price of $181.62 (13.4% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 42.5% below the Business Services median (#316 of 837)

No single metric tells the full story. See the CTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cintas Business Description

Address 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
96GF Score

Get the complete analysis for CTAS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$181.62
Price
$209.80
GF Value