CINTAS CORP Interest Expense 2009-2024 | CTAS
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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.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+0.2%
FY2018
$110.2M
→
FY2023
$111.2M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| 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 |
Company: CINTAS CORPTicker: CTASSector: OtherIndustry: Men's & Boys' Furnishgs, Work Clothg, & Allied GarmentsView company profile →