CintasCTAS +4.10%95 Return-on-Tangible-Asset is 31.41% as of Feb. 2026, which is 29% above its 10-year median of 24.27. GuruFocus rates CTAS with a GF Score™ of 95/100 and a GF Value™ of $209.61 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,096 Business Services companies, Cintas ranks better than 97.81% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cintas's annualizedNet Income for the quarter that ended in Feb. 2026 was $2,010 Mil. Cintas's average total tangible assets for the quarter that ended in Feb. 2026 was $6,400 Mil. Therefore, Cintas's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 31.41%.
The historical rank and industry rank for Cintas's Return-on-Tangible-Asset or its related term are showing as below:
CTAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.55 Med: 24.27 Max: 31.26
Current: 31.26
During the past 13 years, Cintas's highest Return-on-Tangible-Asset was 31.26%. The lowest was 15.55%. And the median was 24.27%.
CTAS's Return-on-Tangible-Asset is ranked better than 97.81% of 1096
companies
in the Business Services industry
Industry Median: 3.92
vs CTAS: 31.26
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Cintas Return-on-Tangible-Asset Related Terms
Cintas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cintas's Return-on-Tangible-Asset 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.
CTAS vs CPRT, ULS, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Cintas's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Cintas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cintas's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 31.41% mean?
Cintas (CTAS) has a Return-on-Tangible-Asset of 31.41% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cintas and its competitors. This is 29% above median its historical median of 24.27. Over the past decade, Cintas' Return-on-Tangible-Asset has ranged from 15.55 to 31.26. According to the industry distribution chart, Cintas ranks #24 out of 1096 companies in the Business Services industry, placing it in the top 2.2%.
Is Cintas' Return-on-Tangible-Asset too high?
Cintas' current Return-on-Tangible-Asset of 31.41% is 29% above median its 10-year median of 24.27. Over the past 10 years, this metric has ranged from a low of 15.55 to a high of 31.26. The Business Services industry median Return-on-Tangible-Asset is 3.92. Cintas' value of 31.41% is 701.3% above this industry median. Based on the distribution chart, Cintas ranks #24 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cintas has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cintas' Return-on-Tangible-Asset compare to CPRT and ULS?
According to the Business Services industry distribution chart, Cintas ranks #24 out of 1096 companies for Return-on-Tangible-Asset. This places Cintas in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.92. Cintas' value of 31.41% is 701.3% above this benchmark. Historically, Cintas' own Return-on-Tangible-Asset has ranged from 15.55 to 31.26 over the past decade. While the company's 10-year median is 24.27 vs. the industry median of 3.92, Cintas has consistently been above 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 Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.92, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cintas's current Return-on-Tangible-Asset of 31.41% is 701.3% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cintas and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cintas's current Return-on-Tangible-Asset is 31.41%, which is 29% above median its own 10-year median of 24.27. 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 $209.61, compared to a current price of $181.37 — trading 13.5% below its estimated fair value. The current Return-on-Tangible-Asset is 31.41%, which is 29% above median its 10-year median of 24.27 and 701.3% above the Business Services industry median of 3.92. Cintas' overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cintas (CTAS), the current Return-on-Tangible-Asset is 31.41% 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 $181.37 is trading 13.5% below its estimated GF Value™ of $209.61.
GuruFocus considers Cintas to be Modestly Undervalued.
Key valuation signals for CTAS:
Return-on-Tangible-Asset: 31.41% (29% above median its 10-year median of 24.27)
GF Value™: $209.61 vs. price of $181.37 (13.5% below fair value)
Industry Position: 701.3% above the Business Services median (#24 of 1096)
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 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.
95GF Score
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