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 -0.66x is 108% below its 3-year average of 7.99x, near the low end of its 3-year range (-8.58x–32.59x).
210.15% below its 12-month average of 0.60x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-0.66x
INTEREST COVERAGE RATIO AVG TTM
0.60x
INTEREST COVERAGE RATIO AVG 3Y
7.99x
INTEREST COVERAGE RATIO AVG 5Y
7.99x
INTEREST COVERAGE RATIO AVG 10Y
11.94x
INTEREST COVERAGE RATIO AVG 15Y
37.42x
INTEREST COVERAGE RATIO AVG 20Y
66.21x
CURRENT VS TTM AVG
-210.15%
CURRENT VS 3Y AVG
-108.26%
CURRENT VS 5Y AVG
-108.26%
CURRENT VS 10Y AVG
-105.53%
CURRENT VS 15Y AVG
-101.76%
CURRENT VS 20Y AVG
-101.00%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-108.41%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$40.82B
Interest Coverage Ratio
-0.66x
TTM Avg
0.60x
3Y Avg
7.99x
5Y Avg
7.99x
Market Cap
$41.13B
Interest Coverage Ratio
5.19x
TTM Avg
4.43x
3Y Avg
4.95x
5Y Avg
4.64x
Market Cap
$41.59B
Interest Coverage Ratio
9.32x
TTM Avg
15.13x
3Y Avg
35.99x
5Y Avg
39.17x
Market Cap
$42.11B
Interest Coverage Ratio
2.21x
TTM Avg
2.01x
3Y Avg
1.60x
5Y Avg
1.37x
Market Cap
$38.97B
Interest Coverage Ratio
4598.13x
TTM Avg
5940.57x
3Y Avg
4148.68x
5Y Avg
2954.41x
Market Cap
$38.31B
Interest Coverage Ratio
-8.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$43.35B
Interest Coverage Ratio
10.87x
TTM Avg
11.70x
3Y Avg
11.02x
5Y Avg
10.15x
Market Cap
$44.29B
Interest Coverage Ratio
17.17x
TTM Avg
15.45x
3Y Avg
15.04x
5Y Avg
17.58x
Market Cap
$44.34B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axon Enterprise, Inc. (AXON) | $40.82B | -0.66x | 0.60x | 7.99x | 7.99x |
| Waste Connections, Inc. (WCN)vs › | $41.13B | 5.19x | 4.43x | 4.95x | 4.64x |
| Paychex, Inc. (PAYX)vs › | $41.59B | 9.32x | 15.13x | 35.99x | 39.17x |
| Ferrovial SE (FER)vs › | $42.11B | 2.21x | 2.01x | 1.60x | 1.37x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.97B | 4598.13x | 5940.57x | 4148.68x | 2954.41x |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.31B | -8.64x | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $43.35B | 10.87x | 11.70x | 11.02x | 10.15x |
| Ferguson plc (FERG)vs › | $44.29B | 17.17x | 15.45x | 15.04x | 17.58x |
| HEICO Corporation (HEI)vs › | $44.34B | 7.85x | 6.72x | 24.68x | 30.27x |
| HEICO Corporation (HEI-A)vs › | $45.44B | 7.85x | 6.72x | 24.68x | 30.27x |
Interest Coverage
-0.7x
Debt/Equity
0.50
Current Ratio
2.15
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 | 1.66x |
| 2026-03-31 | 1.02x |
| 2025-12-31 | 0.35x |
| 2025-09-30 | -0.07x |
| 2025-06-30 | 0.04x |
| 2025-03-31 | -1.01x |
| 2024-12-31 | -8.58x |
| 2024-09-30 | 14.81x |
| 2024-06-30 | 18.04x |
| 2024-03-31 | 9.37x |
| 2023-12-31 | 24.12x |
| 2023-09-30 | 32.59x |
| 2023-06-30 | 11.50x |
| 2016-09-30 | 24.75x |
| 2016-06-30 | 50.49x |
| 2016-03-31 | 43.58x |
| 2015-12-31 | 327.31x |
| 2015-09-30 | 304.82x |
| 2015-03-31 | 165.31x |
| 2014-12-31 | 84.19x |
| 2014-09-30 | 78.21x |
| 2014-06-30 | 147.90x |
| 2014-03-31 | 161.87x |
| 2013-09-30 | 0.20x |
| 2013-06-30 | 0.36x |
| 2013-03-31 | 228.54x |
| 2011-12-31 | -443.65x |
| 2006-12-31 | 2329.25x |
| 2006-09-30 | 2121.36x |
| 2006-06-30 | -8191.93x |
| 2006-03-31 | 516.48x |
| 2005-12-31 | 99.44x |
| 2005-06-30 | 38705.73x |
| 2005-03-31 | 870.56x |
| 2004-06-30 | 18596.73x |
| 2004-03-31 | 6188.49x |
| 2003-12-31 | 1673.56x |
| 2003-09-30 | 1204.42x |
| 2003-03-31 | 128.03x |
| 2002-12-31 | 44.52x |
| 2002-09-30 | -11.17x |
