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CINTAS CORP Interest Expense 2009-2024 | CTAS

Annual FY2009–FY2023 · quarterly through Q3 FY2024

Latest annual · FY2023

$111.2M

+25.2%YoY vs FY2022Source: 10-KFY2023

From $50.2M in FY2009 to $111.2M in FY2023: 2.2× in 14 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$25M−11.5%$27M−8.1%$26M−11.4%Not reported
FY23$28M+26.8%$29M+32.0%$29M+30.8%$26M+11.8%
FY22$22M−11.0%$22M−10.8%$22M−10.3%$23M−6.1%
FY21$25M−10.1%$25M−6.2%$25M−5.4%$25M−5.4%
FY20$27M+12.4%$26M+5.2%$26M−3.1%$26M+0.7%
Share24%24%24%28%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+0.2%

FY2018
$110.2M
FY2023
$111.2M

5 years selected · on the chart

Interest Expense History

Year-over-year comparison from 10-K annual reports

  1. $111.2M
YoY changeLargest recent move+34.1%in FY17Latest +25.2%

Interest Expense, period by period

PeriodValueChangeSource
FY2023$111.2M+25.2%10-K
FY2022$88.8M−9.5%10-K
FY2021$98.2M−6.8%10-K
FY2020$105.4M+3.6%10-K
FY2019$101.7M−7.7%10-K
FY2018$110.2M+27.3%10-K
FY2017$86.5M+34.1%10-K
FY2016$64.5M−1.0%10-K
FY2015$65.2M−1.0%10-K
FY2014$65.8M+0.2%10-K
FY2013$65.7M−7.0%10-K
FY2012$70.6M+42.1%10-K
FY2011$49.7M+2.2%10-K
FY2010$48.6M−3.2%10-K
FY2009$50.2M—10-K

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is CINTAS CORP's current interest expense?

CINTAS CORP (CTAS) annual interest expense for 2023 was $111.2M, a 25.20% increase from 2022. CINTAS CORP interest expense for the quarter ending February 29, 2024 was $25.5M.

What was CINTAS CORP's interest expense in 2022?

CINTAS CORP annual interest expense for 2022 was $88.8M, a 9.54% decline from 2021.

What was CINTAS CORP's interest expense in 2021?

CINTAS CORP annual interest expense for 2021 was $98.2M, a 6.82% decline from 2020.

What is CINTAS CORP's 5-year interest expense CAGR?

CINTAS CORP interest expense grew at a compound annual growth rate (CAGR) of 0.19% from FY2018 to FY2023, going from $110.2M to $111.2M over 5 years.

Company
CINTAS CORP
Ticker
CTAS
Sector
Other
Industry
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments