Basis: Trailing twelve months (TTM). 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 30.81x is in line with its 5-year average of 32.97x, around the middle of its 5-year range (24.11x–45.22x).
9.44% below its 12-month average of 34.02x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-07-26): 45.22x.
INTEREST COVERAGE RATIO
30.81x
INTEREST COVERAGE RATIO AVG TTM
34.02x
INTEREST COVERAGE RATIO AVG 3Y
32.57x
INTEREST COVERAGE RATIO AVG 5Y
32.97x
INTEREST COVERAGE RATIO AVG 10Y
26.10x
INTEREST COVERAGE RATIO AVG 15Y
22.01x
INTEREST COVERAGE RATIO AVG 20Y
24.08x
CURRENT VS TTM AVG
-9.44%
CURRENT VS 3Y AVG
-5.40%
CURRENT VS 5Y AVG
-6.56%
CURRENT VS 10Y AVG
+18.06%
CURRENT VS 15Y AVG
+39.97%
CURRENT VS 20Y AVG
+27.97%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+296.02%
vs the sector median at left
Applied Materials, Inc.
Market Cap
$332.91B
Interest Coverage Ratio
30.81x
TTM Avg
34.02x
3Y Avg
32.57x
5Y Avg
32.97x
Market Cap
$336.99B
Interest Coverage Ratio
N/A
TTM Avg
28.06x
3Y Avg
27.96x
5Y Avg
26.90x
Market Cap
$306.52B
Interest Coverage Ratio
N/A
TTM Avg
248.35x
3Y Avg
170.31x
5Y Avg
170.31x
Market Cap
$362.83B
Interest Coverage Ratio
5.41x
TTM Avg
4.91x
3Y Avg
4.48x
5Y Avg
4.19x
Market Cap
$401.57B
Interest Coverage Ratio
N/A
TTM Avg
34.57x
3Y Avg
34.57x
5Y Avg
34.57x
Market Cap
$406.88B
Interest Coverage Ratio
4.52x
TTM Avg
4.73x
3Y Avg
4.39x
5Y Avg
4.61x
Market Cap
$259.85B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$244.75B
Interest Coverage Ratio
-10.47x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Materials, Inc. (AMAT) | $332.91B | 30.81x | 34.02x | 32.57x | 32.97x |
| Lam Research Corporation (LRCX)vs › | $336.99B | N/A | 28.06x | 27.96x | 26.90x |
| Palo Alto Networks, Inc. (PANW)vs › | $306.52B | N/A | 248.35x | 170.31x | 170.31x |
| Dell Technologies Inc. (DELL)vs › | $362.83B | 5.41x | 4.91x | 4.48x | 4.19x |
| Palantir Technologies Inc. (PLTR)vs › | $401.57B | N/A | 34.57x | 34.57x | 34.57x |
| Oracle Corporation (ORCL)vs › | $406.88B | 4.52x | 4.73x | 4.39x | 4.61x |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $259.85B | N/A | N/A | N/A | N/A |
| SAP SE (SAP)vs › | $252.41B | 7.27x | 5.89x | 4.72x | 7.37x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $244.75B | -10.47x | N/A | N/A | N/A |
| Arista Networks, Inc. (ANET)vs › | $242.13B | N/A | 135.18x | 98.84x | 70.77x |
Interest Coverage
30.8x
Debt/Equity
0.29
Current Ratio
2.42
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 |
|---|---|
| 2026-07-26 | 45.22x |
| 2026-04-26 | 36.57x |
| 2026-01-25 | 30.38x |
| 2025-10-26 | 24.11x |
| 2025-07-27 | 33.83x |
| 2025-04-27 | 31.90x |
| 2025-01-26 | 33.98x |
| 2024-10-27 | 31.00x |
| 2024-07-28 | 30.83x |
| 2024-04-28 | 32.41x |
| 2024-01-28 | 33.34x |
| 2023-10-29 | 33.98x |
| 2023-07-30 | 30.03x |
| 2023-04-30 | 31.33x |
| 2023-01-29 | 33.39x |
| 2022-10-30 | 34.98x |
| 2022-07-31 | 30.54x |
| 2022-05-01 | 32.66x |
| 2022-01-30 | 34.67x |
| 2021-10-31 | 35.33x |
| 2021-08-01 | 35.32x |
| 2021-05-02 | 25.89x |
| 2021-01-31 | 21.03x |
| 2020-10-25 | 21.75x |
| 2020-07-26 | 18.16x |
| 2020-04-26 | 15.28x |
| 2020-01-26 | 17.66x |
| 2019-10-27 | 14.64x |
| 2019-07-28 | 13.83x |
| 2019-04-28 | 12.93x |
| 2019-01-27 | 15.13x |
| 2018-10-28 | 16.93x |
| 2018-07-29 | 21.31x |
| 2018-04-29 | 23.70x |
| 2018-01-28 | 20.59x |
| 2017-10-29 | 19.26x |
| 2017-07-30 | 17.34x |
| 2017-04-30 | 21.36x |
| 2017-01-29 | 21.24x |
| 2016-10-30 | 20.45x |
| 2016-07-31 | 15.68x |
| 2016-05-01 | 11.49x |
| 2016-01-31 | 8.43x |
| 2015-10-25 | 13.22x |
| 2015-07-26 | 16.50x |
| 2015-04-26 | 17.33x |
| 2015-01-25 | 19.91x |
| 2014-10-26 | 17.91x |
| 2014-07-27 | 16.29x |
| 2014-04-27 | 16.83x |
| 2014-01-26 | 13.20x |
| 2013-10-27 | 8.79x |
| 2013-07-28 | 10.87x |
| 2013-04-28 | -2.83x |
| 2013-01-27 | 1.63x |
| 2012-10-28 | -21.70x |
| 2012-07-29 | 13.42x |
| 2012-04-29 | 17.78x |
| 2012-01-29 | 7.46x |
| 2011-10-30 | 15.04x |
| 2011-07-31 | 27.48x |
| 2011-05-01 | 135.40x |
| 2011-01-30 | 134.80x |
| 2010-10-31 | 121.66x |
| 2010-08-01 | 33.23x |
| 2010-05-02 | 74.11x |
| 2010-01-31 | 23.27x |
| 2009-10-25 | 32.27x |
| 2009-07-26 | -15.77x |
| 2009-04-26 | -57.98x |
| 2009-01-25 | -32.71x |
| 2008-10-26 | 60.80x |
| 2008-07-27 | 46.99x |
| 2008-04-27 | 69.97x |
| 2008-01-27 | 82.04x |
| 2007-10-28 | 60.70x |
| 2007-07-29 | 66.69x |
| 2007-04-29 | 66.59x |
| 2007-01-28 | 52.50x |
| 2006-10-29 | 6.68x |
| 2006-07-30 | 76.94x |
| 2006-04-30 | 60.75x |
| 2006-01-29 | 16.54x |
| 2005-05-01 | 41.93x |
| 2005-01-30 | 41.22x |
| 2004-10-31 | 33.81x |
| 2004-08-01 | 45.48x |
| 2004-05-02 | 44.09x |
| 2004-02-01 | 8.25x |
| 2003-07-27 | -7.46x |
| 2003-04-27 | -9.34x |
