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 23.82x is 22% above its 5-year average of 19.51x, near the high end of its 5-year range (11.83x–27.38x).
4.38% above its 12-month average of 22.82x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
23.82x
INTEREST COVERAGE RATIO AVG TTM
22.82x
INTEREST COVERAGE RATIO AVG 3Y
20.63x
INTEREST COVERAGE RATIO AVG 5Y
19.51x
INTEREST COVERAGE RATIO AVG 10Y
15.64x
INTEREST COVERAGE RATIO AVG 15Y
13.88x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+4.38%
CURRENT VS 3Y AVG
+15.45%
CURRENT VS 5Y AVG
+22.07%
CURRENT VS 10Y AVG
+52.25%
CURRENT VS 15Y AVG
+71.64%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+203.44%
vs the sector median at left
AMETEK, Inc.
Market Cap
$54.50B
Interest Coverage Ratio
23.82x
TTM Avg
22.82x
3Y Avg
20.63x
5Y Avg
19.51x
Market Cap
$56.66B
Interest Coverage Ratio
267.05x
TTM Avg
236.95x
3Y Avg
179.28x
5Y Avg
160.05x
Market Cap
$51.93B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
Market Cap
$58.02B
Interest Coverage Ratio
145.70x
TTM Avg
129.21x
3Y Avg
79.42x
5Y Avg
62.41x
Market Cap
$49.26B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
Market Cap
$48.73B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$60.87B
Interest Coverage Ratio
33.22x
TTM Avg
33.73x
3Y Avg
29.72x
5Y Avg
24.60x
Market Cap
$48.07B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$47.75B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AMETEK, Inc. (AME) | $54.50B | 23.82x | 22.82x | 20.63x | 19.51x |
| Fastenal Company (FAST)vs › | $56.66B | 267.05x | 236.95x | 179.28x | 160.05x |
| Delta Air Lines, Inc. (DAL)vs › | $51.93B | 8.57x | 8.30x | 6.70x | 5.65x |
| Comfort Systems USA, Inc. (FIX)vs › | $58.02B | 145.70x | 129.21x | 79.42x | 62.41x |
| Honeywell Aerospace Inc (HONA)vs › | $49.26B | 3.98x | 3.98x | 3.98x | 3.98x |
| Carrier Global Corporation (CARR)vs › | $48.73B | 5.53x | 4.58x | 5.55x | 6.80x |
| W.W. Grainger, Inc. (GWW)vs › | $60.87B | 33.22x | 33.73x | 29.72x | 24.60x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.07B | 8.31x | 8.16x | 6.89x | 6.04x |
| Rockwell Automation, Inc. (ROK)vs › | $47.75B | 9.12x | 8.74x | 10.37x | 10.03x |
| L3Harris Technologies, Inc. (LHX)vs › | $47.62B | 3.60x | 3.29x | 3.30x | 4.95x |
Interest Coverage
23.8x
Debt/Equity
0.21
Current Ratio
1.21
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 | 17.55x |
| 2026-03-31 | 24.63x |
| 2025-12-31 | 22.85x |
| 2025-09-30 | 21.69x |
| 2025-06-30 | 27.38x |
| 2025-03-31 | 23.95x |
| 2024-12-31 | 21.32x |
| 2024-09-30 | 17.75x |
| 2024-06-30 | 14.63x |
| 2024-03-31 | 11.83x |
| 2023-12-31 | 18.45x |
| 2023-09-30 | 23.83x |
| 2023-06-30 | 22.37x |
| 2023-03-31 | 19.72x |
| 2022-12-31 | 17.29x |
| 2022-09-30 | 18.99x |
| 2022-06-30 | 17.93x |
| 2022-03-31 | 18.05x |
| 2021-12-31 | 17.60x |
| 2021-09-30 | 16.49x |
| 2021-06-30 | 15.49x |
| 2021-03-31 | 15.48x |
| 2020-12-31 | 15.32x |
| 2020-09-30 | 12.78x |
| 2020-06-30 | 10.01x |
| 2020-03-31 | 10.20x |
| 2019-12-31 | 12.92x |
| 2019-09-30 | 14.13x |
| 2019-06-30 | 13.76x |
| 2019-03-31 | 12.50x |
| 2018-12-31 | 13.88x |
| 2018-09-30 | 13.68x |
| 2018-06-30 | 12.99x |
| 2018-03-31 | 11.90x |
| 2017-12-31 | 9.47x |
| 2017-09-30 | 9.31x |
| 2017-06-30 | 9.35x |
| 2017-03-31 | 8.87x |
| 2016-12-31 | 7.34x |
| 2016-09-30 | 8.52x |
| 2016-06-30 | 9.24x |
| 2016-03-31 | 8.91x |
| 2015-12-31 | 9.18x |
| 2015-09-30 | 10.03x |
| 2015-06-30 | 10.60x |
| 2015-03-31 | 9.74x |
| 2014-12-31 | 10.06x |
| 2014-09-30 | 11.16x |
| 2014-06-30 | 12.21x |
| 2014-03-31 | 11.77x |
| 2013-12-31 | 11.17x |
| 2013-09-30 | 11.22x |
| 2013-06-30 | 11.16x |
| 2013-03-31 | 10.76x |
| 2012-12-31 | 10.09x |
| 2012-09-30 | 9.93x |
| 2012-06-30 | 9.82x |
| 2012-03-31 | 9.70x |
| 2011-12-31 | 9.31x |
| 2011-09-30 | 9.25x |
| 2011-06-30 | 9.05x |
| 2011-03-31 | 8.86x |
| 2010-12-31 | 7.98x |
| 2010-09-30 | 7.54x |
| 2010-06-30 | 6.91x |
| 2010-03-31 | 6.11x |
| 2009-12-31 | 5.35x |
| 2009-09-30 | 4.46x |
| 2009-06-30 | 5.44x |
| 2009-03-31 | 6.05x |
| 2008-09-30 | 7.73x |