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 36.57x is 14% above its 5-year average of 32.21x, near the high end of its 5-year range (24.11x–36.57x).
As of the fiscal period ended Sunday, April 26, 2026. 16.61% above its 12-month average of 31.36x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
36.57x
INTEREST COVERAGE RATIO AVG TTM
31.36x
INTEREST COVERAGE RATIO AVG 3Y
32.46x
INTEREST COVERAGE RATIO AVG 5Y
32.97x
INTEREST COVERAGE RATIO AVG 10Y
25.27x
INTEREST COVERAGE RATIO AVG 15Y
21.62x
INTEREST COVERAGE RATIO AVG 20Y
24.30x
CURRENT VS TTM AVG
+16.61%
CURRENT VS 3Y AVG
+12.63%
CURRENT VS 5Y AVG
+10.90%
CURRENT VS 10Y AVG
+44.68%
CURRENT VS 15Y AVG
+69.14%
CURRENT VS 20Y AVG
+50.45%
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+377.35%
vs the sector median at left
Applied Materials, Inc.
Market Cap
$403.07B
Interest Coverage Ratio
36.57x
TTM Avg
31.36x
3Y Avg
32.46x
5Y Avg
32.97x
Market Cap
$374.12B
Interest Coverage Ratio
4.52x
TTM Avg
4.73x
3Y Avg
4.39x
5Y Avg
4.61x
Market Cap
$366.44B
Interest Coverage Ratio
N/A
TTM Avg
28.06x
3Y Avg
27.96x
5Y Avg
26.90x
Market Cap
$454.97B
Interest Coverage Ratio
-0.02x
TTM Avg
2.41x
3Y Avg
12.47x
5Y Avg
28.32x
Market Cap
$457.17B
Interest Coverage Ratio
7.38x
TTM Avg
9.74x
3Y Avg
23.37x
5Y Avg
24.61x
Market Cap
$282.55B
Interest Coverage Ratio
N/A
TTM Avg
34.57x
3Y Avg
34.57x
5Y Avg
34.57x
Market Cap
$270.44B
Interest Coverage Ratio
414.30x
TTM Avg
248.35x
3Y Avg
170.31x
5Y Avg
170.31x
Market Cap
$269.19B
Interest Coverage Ratio
5.41x
TTM Avg
4.91x
3Y Avg
4.48x
5Y Avg
4.19x
Market Cap
$255.03B
Interest Coverage Ratio
N/A
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) | $403.07B | 36.57x | 31.36x | 32.46x | 32.97x |
| Oracle Corporation (ORCL)vs › | $374.12B | 4.52x | 4.73x | 4.39x | 4.61x |
| Lam Research Corporation (LRCX)vs › | $366.44B | N/A | 28.06x | 27.96x | 26.90x |
| Intel Corp. (INTC)vs › | $454.97B | -0.02x | 2.41x | 12.47x | 28.32x |
| Cisco Systems, Inc. (CSCO)vs › | $457.17B | 7.38x | 9.74x | 23.37x | 24.61x |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | N/A | 34.57x | 34.57x | 34.57x |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 414.30x | 248.35x | 170.31x | 170.31x |
| Dell Technologies Inc. (DELL)vs › | $269.19B | 5.41x | 4.91x | 4.48x | 4.19x |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $255.03B | N/A | N/A | N/A | N/A |
| Texas Instruments Incorporated (TXN)vs › | $251.82B | 11.09x | 10.93x | 22.50x | 28.29x |
Interest Coverage
36.6x
Debt/Equity
0.35
Current Ratio
2.61
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 |
|---|---|
| 2026-04-26 | 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 |
