Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 1041.64x is 3554% above its 5-year average of 28.50x, near the high end of its 5-year range (8.18x–1041.64x).
As of the fiscal period ended Tuesday, June 30, 2026. 304.69% above its 12-month average of 257.39x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1041.64x
INTEREST COVERAGE RATIO AVG TTM
257.39x
INTEREST COVERAGE RATIO AVG 3Y
46.98x
INTEREST COVERAGE RATIO AVG 5Y
28.50x
INTEREST COVERAGE RATIO AVG 10Y
15.89x
INTEREST COVERAGE RATIO AVG 15Y
24.96x
INTEREST COVERAGE RATIO AVG 20Y
27.81x
CURRENT VS TTM AVG
+304.69%
CURRENT VS 3Y AVG
+2117.02%
CURRENT VS 5Y AVG
+3554.33%
CURRENT VS 10Y AVG
+6455.48%
CURRENT VS 15Y AVG
+4073.54%
CURRENT VS 20Y AVG
+3645.39%
SECTOR MEDIAN · INDUSTRIALS
7.78x
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+13288.72%
vs the sector median at left
Applied Industrial Technologies, Inc.
Market Cap
$12.51B
Interest Coverage Ratio
1041.64x
TTM Avg
257.39x
3Y Avg
46.98x
5Y Avg
28.50x
Market Cap
$12.89B
Interest Coverage Ratio
N/A
TTM Avg
272.83x
3Y Avg
375.09x
5Y Avg
287.86x
Market Cap
$12.89B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$12.07B
Interest Coverage Ratio
37.54x
TTM Avg
25.31x
3Y Avg
15.54x
5Y Avg
11.94x
Market Cap
$11.71B
Interest Coverage Ratio
5.79x
TTM Avg
5.71x
3Y Avg
6.29x
5Y Avg
6.28x
Market Cap
$11.61B
Interest Coverage Ratio
4.09x
TTM Avg
5.04x
3Y Avg
6.09x
5Y Avg
10.13x
Market Cap
$13.52B
Interest Coverage Ratio
24.83x
TTM Avg
24.14x
3Y Avg
19.72x
5Y Avg
19.62x
Market Cap
$13.58B
Interest Coverage Ratio
8.51x
TTM Avg
8.08x
3Y Avg
7.88x
5Y Avg
8.33x
Market Cap
$14.16B
Interest Coverage Ratio
12.88x
TTM Avg
12.88x
3Y Avg
11.79x
5Y Avg
9.94x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Industrial Technologies, Inc. (AIT) | $12.51B | 1041.64x | 257.39x | 46.98x | 28.50x |
| Watsco, Inc. (WSO)vs › | $12.89B | N/A | 272.83x | 375.09x | 287.86x |
| Graco Inc. (GGG)vs › | $12.89B | 211.11x | 206.35x | 148.80x | 129.44x |
| Crane Company (CR)vs › | $12.07B | 37.54x | 25.31x | 15.54x | 11.94x |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 5.79x | 5.71x | 6.29x | 6.28x |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 4.09x | 5.04x | 6.09x | 10.13x |
| Lennox International Inc. (LII)vs › | $13.52B | 24.83x | 24.14x | 19.72x | 19.62x |
| Allegion plc (ALLE)vs › | $13.58B | 8.51x | 8.08x | 7.88x | 8.33x |
| Textron Inc. (TXT)vs › | $14.16B | 12.88x | 12.88x | 11.79x | 9.94x |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 1.88x | 2.13x | 3.47x | 3.78x |
Interest Coverage
1041.6x
Debt/Equity
0.26
Current Ratio
2.58
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-06-30 | 1041.64x |
| 2026-03-31 | 56.36x |
| 2025-12-31 | 32.06x |
| 2025-09-30 | 129.94x |
| 2025-06-30 | 26.96x |
| 2025-03-31 | 28.71x |
| 2024-12-31 | 38.31x |
| 2024-09-30 | 27.85x |
| 2024-06-30 | 8.18x |
| 2024-03-31 | 457.38x |
| 2023-12-31 | 59.78x |
| 2023-09-30 | 91.42x |
| 2023-06-30 | 17.25x |
| 2023-03-31 | 26.59x |
| 2022-12-31 | 18.25x |
| 2022-09-30 | 16.44x |
| 2022-06-30 | 16.71x |
| 2022-03-31 | 16.38x |
| 2021-12-31 | 11.16x |
| 2021-09-30 | 10.10x |
| 2021-06-30 | 10.57x |
| 2021-03-31 | 9.79x |
| 2020-12-31 | -0.32x |
| 2020-09-30 | 6.83x |
| 2020-06-30 | 5.81x |
| 2020-03-31 | -8.85x |
| 2019-12-31 | 6.13x |
| 2019-09-30 | 6.08x |
| 2019-06-30 | 7.07x |
| 2019-03-31 | 3.47x |
| 2018-12-31 | 6.37x |
| 2018-09-30 | 6.33x |
| 2018-06-30 | 6.46x |
| 2018-03-31 | 6.87x |
| 2017-12-31 | 21.84x |
| 2017-09-30 | 23.93x |
| 2017-06-30 | 22.65x |
| 2017-03-31 | 21.00x |
| 2016-12-31 | 17.93x |
| 2016-09-30 | 20.14x |
| 2016-06-30 | 20.61x |
| 2016-03-31 | -14.00x |
| 2015-12-31 | 17.78x |
| 2015-09-30 | 18.76x |
| 2015-06-30 | 22.47x |
| 2015-03-31 | 20.64x |
| 2014-12-31 | 23.94x |
| 2014-09-30 | 27.78x |
| 2014-06-30 | 127.66x |
| 2013-09-30 | 648.18x |
| 2013-06-30 | 2668.61x |
| 2013-03-31 | 406.33x |
| 2012-12-31 | 2704.60x |
| 2012-09-30 | 1772.72x |
| 2012-03-31 | 778.13x |
| 2011-12-31 | 3333.50x |
| 2011-09-30 | 920.57x |
| 2011-06-30 | 99.81x |
| 2011-03-31 | 734.63x |
| 2010-12-31 | 72.17x |
| 2010-09-30 | 31.04x |
| 2010-06-30 | 25.57x |
| 2010-03-31 | 19.68x |
| 2009-12-31 | 14.18x |
| 2009-09-30 | 14.53x |
| 2009-06-30 | -6.25x |
| 2009-03-31 | 17.77x |
| 2008-12-31 | 22.13x |
| 2008-03-31 | 156.37x |
| 2007-12-31 | 37268.00x |
| 2007-09-30 | 143.12x |
| 2007-03-31 | 45.53x |
| 2006-12-31 | 47.42x |
| 2006-09-30 | 51.59x |
