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 28.26x is 20% below its 5-year average of 35.40x, around the middle of its 5-year range (7.65x–71.86x).
As of the fiscal period ended Wednesday, December 31, 2025. 19.82% above its 12-month average of 23.59x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
28.26x
INTEREST COVERAGE RATIO AVG TTM
23.59x
INTEREST COVERAGE RATIO AVG 3Y
22.37x
INTEREST COVERAGE RATIO AVG 5Y
35.40x
INTEREST COVERAGE RATIO AVG 10Y
18.08x
INTEREST COVERAGE RATIO AVG 15Y
21.41x
INTEREST COVERAGE RATIO AVG 20Y
20.83x
CURRENT VS TTM AVG
+19.82%
CURRENT VS 3Y AVG
+26.36%
CURRENT VS 5Y AVG
-20.17%
CURRENT VS 10Y AVG
+56.30%
CURRENT VS 15Y AVG
+32.03%
CURRENT VS 20Y AVG
+35.67%
SECTOR MEDIAN · BASIC MATERIALS
9.00x
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+214.03%
vs the sector median at left
BHP Group Limited
Market Cap
$230.74B
Interest Coverage Ratio
28.26x
TTM Avg
23.59x
3Y Avg
22.37x
5Y Avg
35.40x
Market Cap
$224.96B
Interest Coverage Ratio
42.15x
TTM Avg
28.59x
3Y Avg
26.86x
5Y Avg
29.13x
Market Cap
$166.21B
Interest Coverage Ratio
14.03x
TTM Avg
11.82x
3Y Avg
10.49x
5Y Avg
19.74x
Market Cap
$163.17B
Interest Coverage Ratio
18.95x
TTM Avg
17.79x
3Y Avg
15.36x
5Y Avg
14.49x
Market Cap
$126.63B
Interest Coverage Ratio
34.40x
TTM Avg
24.66x
3Y Avg
14.77x
5Y Avg
12.75x
Market Cap
$99.88B
Interest Coverage Ratio
17.05x
TTM Avg
19.29x
3Y Avg
15.97x
5Y Avg
13.34x
Market Cap
$93.77B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$87.83B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$78.94B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $230.74B | 28.26x | 23.59x | 22.37x | 35.40x |
| Linde plc (LIN)vs › | $224.96B | 42.15x | 28.59x | 26.86x | 29.13x |
| Rio Tinto Group (RIO)vs › | $166.21B | 14.03x | 11.82x | 10.49x | 19.74x |
| Southern Copper Corporation (SCCO)vs › | $163.17B | 18.95x | 17.79x | 15.36x | 14.49x |
| Newmont Corporation (NEM)vs › | $126.63B | 34.40x | 24.66x | 14.77x | 12.75x |
| Freeport-McMoRan Inc. (FCX)vs › | $99.88B | 17.05x | 19.29x | 15.97x | 13.34x |
| Johnson Controls International plc (JCI)vs › | $93.77B | 18.01x | 11.63x | 9.79x | 8.46x |
| The Sherwin-Williams Company (SHW)vs › | $87.83B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $78.94B | 12.08x | 9.90x | 8.00x | 7.79x |
| Barrick Mining Corporation (B)vs › | $69.02B | 22.63x | 16.58x | 12.59x | 12.71x |
Interest Coverage
28.3x
Debt/Equity
0.63
Current Ratio
1.65
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 |
|---|---|
| 2025-12-31 | 28.26x |
| 2025-06-30 | 22.92x |
| 2024-12-31 | 19.58x |
| 2024-06-30 | 25.23x |
| 2023-12-31 | 7.65x |
| 2023-06-30 | 28.03x |
| 2022-12-31 | 24.90x |
| 2022-06-30 | 71.86x |
| 2021-12-31 | 60.84x |
| 2021-06-30 | 63.65x |
| 2020-12-31 | 36.49x |
| 2020-06-30 | 15.14x |
| 2019-12-31 | 16.93x |
| 2019-06-30 | 16.39x |
| 2018-12-31 | 12.41x |
| 2018-06-30 | 15.45x |
| 2017-12-31 | 15.61x |
| 2017-06-30 | 10.70x |
| 2016-12-31 | 10.28x |
| 2016-06-30 | 1.44x |
| 2015-06-30 | 16.82x |
| 2014-12-31 | 78.51x |
| 2014-06-30 | 0.90x |
| 2013-12-31 | 9.62x |
| 2012-12-31 | -74.51x |
| 2012-06-30 | -474.06x |
| 2011-12-31 | 33.09x |
| 2011-06-30 | 129.33x |
| 2010-12-31 | 129.33x |
| 2010-06-30 | 29.72x |
| 2009-12-31 | 29.72x |
| 2009-06-30 | 14.27x |
| 2008-12-31 | 14.27x |
| 2008-06-30 | 46.61x |
| 2007-12-31 | 46.61x |
| 2007-06-30 | 28.31x |
| 2006-12-31 | 28.31x |
| 2006-06-30 | 20.07x |
| 2005-12-31 | 20.07x |
| 2005-06-30 | 24.60x |
| 2004-12-31 | 24.60x |
| 2004-06-30 | 12.73x |
| 2003-12-31 | 12.73x |
| 2003-06-30 | 8.93x |
| 2002-12-31 | 8.93x |
| 2002-06-30 | 5.75x |
| 2001-12-31 | 5.75x |
| 2001-06-30 | 2.33x |
| 2000-12-31 | 2.33x |
| 2000-06-30 | -2.74x |
| 1999-12-30 | -2.74x |
| 1998-05-31 | -5.27x |
| 1997-11-30 | -5.27x |
| 1997-05-31 | -1.07x |
| 1996-11-30 | -1.07x |
| 1996-05-31 | 2.33x |
| 1995-11-30 | 2.33x |
| 1995-05-31 | 5.37x |
| 1994-11-30 | 5.37x |
| 1994-05-31 | 3.48x |
| 1993-11-30 | 3.48x |
| 1993-05-31 | 1.71x |
| 1992-11-30 | 1.71x |
| 1992-05-31 | 1.54x |
| 1991-11-30 | 1.54x |
| 1991-05-31 | 0.14x |
| 1990-11-30 | 0.14x |
| 1990-05-31 | 1.35x |
| 1989-11-30 | 1.35x |
| 1989-05-31 | 1.45x |
| 1988-11-30 | 1.45x |
| 1988-05-31 | -1.52x |
| 1987-11-30 | -1.52x |
