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 10.27x is 26% above its 5-year average of 8.12x, near the high end of its 5-year range (6.73x–11.73x).
As of the fiscal period ended Tuesday, June 30, 2026. 15.63% above its 12-month average of 8.88x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
10.27x
INTEREST COVERAGE RATIO AVG TTM
8.88x
INTEREST COVERAGE RATIO AVG 3Y
7.99x
INTEREST COVERAGE RATIO AVG 5Y
8.12x
INTEREST COVERAGE RATIO AVG 10Y
8.71x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+15.63%
CURRENT VS 3Y AVG
+28.48%
CURRENT VS 5Y AVG
+26.45%
CURRENT VS 10Y AVG
+17.89%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+30.83%
vs the sector median at left
Allegion plc
Market Cap
$14.08B
Interest Coverage Ratio
10.27x
TTM Avg
8.88x
3Y Avg
7.99x
5Y Avg
8.12x
Market Cap
$14.63B
Interest Coverage Ratio
24.83x
TTM Avg
24.14x
3Y Avg
19.72x
5Y Avg
19.62x
Market Cap
$13.50B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$13.04B
Interest Coverage Ratio
5.79x
TTM Avg
5.71x
3Y Avg
6.29x
5Y Avg
6.28x
Market Cap
$12.99B
Interest Coverage Ratio
1.88x
TTM Avg
2.13x
3Y Avg
3.47x
5Y Avg
3.78x
Market Cap
$12.93B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$15.34B
Interest Coverage Ratio
12.88x
TTM Avg
12.88x
3Y Avg
11.79x
5Y Avg
9.94x
Market Cap
$15.47B
Interest Coverage Ratio
7.31x
TTM Avg
8.47x
3Y Avg
8.67x
5Y Avg
9.31x
Market Cap
$12.67B
Interest Coverage Ratio
37.54x
TTM Avg
25.31x
3Y Avg
15.54x
5Y Avg
11.94x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Allegion plc (ALLE) | $14.08B | 10.27x | 8.88x | 7.99x | 8.12x |
| Lennox International Inc. (LII)vs › | $14.63B | 24.83x | 24.14x | 19.72x | 19.62x |
| Graco Inc. (GGG)vs › | $13.50B | 211.11x | 206.35x | 148.80x | 129.44x |
| Huntington Ingalls Industries, Inc. (HII)vs › | $13.04B | 5.79x | 5.71x | 6.29x | 6.28x |
| CNH Industrial N.V. (CNH)vs › | $12.99B | 1.88x | 2.13x | 3.47x | 3.78x |
| Gartner, Inc. (IT)vs › | $12.93B | 9.15x | 8.98x | 9.00x | 8.00x |
| Textron Inc. (TXT)vs › | $15.34B | 12.88x | 12.88x | 11.79x | 9.94x |
| BWX Technologies, Inc. (BWXT)vs › | $15.47B | 7.31x | 8.47x | 8.67x | 9.31x |
| Crane Company (CR)vs › | $12.67B | 37.54x | 25.31x | 15.54x | 11.94x |
| Stanley Black & Decker, Inc. (SWK)vs › | $15.50B | 2.48x | 2.48x | 2.27x | 4.13x |
Interest Coverage
10.3x
Debt/Equity
0.96
Current Ratio
1.93
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 | 10.27x |
| 2026-03-31 | 8.07x |
| 2025-12-31 | 8.35x |
| 2025-09-30 | 8.79x |
| 2025-06-30 | 8.93x |
| 2025-03-31 | 7.95x |
| 2024-12-31 | 7.33x |
| 2024-09-30 | 7.47x |
| 2024-06-30 | 8.33x |
| 2024-03-31 | 7.52x |
| 2023-12-31 | 6.97x |
| 2023-09-30 | 8.43x |
| 2023-06-30 | 7.79x |
| 2023-03-31 | 7.25x |
| 2022-12-31 | 6.73x |
| 2022-09-30 | 7.05x |
| 2022-06-30 | 8.55x |
| 2022-03-31 | 9.83x |
| 2021-12-31 | 8.72x |
| 2021-09-30 | 11.25x |
| 2021-06-30 | 11.73x |
| 2021-03-31 | 10.67x |
| 2020-12-31 | 9.57x |
| 2020-09-30 | 12.43x |
| 2020-06-30 | 7.42x |
| 2020-03-31 | 2.24x |
| 2019-12-31 | 10.77x |
| 2019-09-30 | 10.78x |
| 2019-06-30 | 10.87x |
| 2019-03-31 | 7.88x |
| 2018-12-31 | 10.32x |
| 2018-09-30 | 10.16x |
| 2018-06-30 | 10.70x |
| 2018-03-31 | 7.65x |
| 2017-12-31 | 2.31x |
| 2017-09-30 | 7.14x |
| 2017-06-30 | 8.39x |
| 2017-03-31 | 6.26x |
| 2016-12-31 | 6.11x |
| 2016-09-30 | 7.79x |
| 2016-06-30 | 7.53x |
| 2016-03-31 | 5.06x |
| 2015-12-31 | 5.00x |
| 2015-09-30 | 8.06x |
| 2015-06-30 | 8.47x |
| 2015-03-31 | 6.12x |
| 2014-12-31 | 4.10x |
| 2014-09-30 | 8.35x |
| 2014-06-30 | 7.14x |
| 2014-03-31 | 5.18x |
| 2013-12-31 | 10.20x |
| 2013-09-30 | -42.80x |
| 2013-06-30 | 200.00x |
| 2013-03-31 | 172.00x |
| 2012-12-31 | 340.33x |