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 0.45x is 91% below its 5-year average of 5.15x, near the low end of its 5-year range (0.05x–31.70x).
As of the fiscal period ended Tuesday, March 31, 2026. 24.53% above its 12-month average of 0.36x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
0.45x
INTEREST COVERAGE RATIO AVG TTM
0.36x
INTEREST COVERAGE RATIO AVG 3Y
0.31x
INTEREST COVERAGE RATIO AVG 5Y
0.51x
INTEREST COVERAGE RATIO AVG 10Y
4.53x
INTEREST COVERAGE RATIO AVG 15Y
6.20x
INTEREST COVERAGE RATIO AVG 20Y
4.89x
CURRENT VS TTM AVG
+24.53%
CURRENT VS 3Y AVG
+46.28%
CURRENT VS 5Y AVG
-12.07%
CURRENT VS 10Y AVG
-90.01%
CURRENT VS 15Y AVG
-92.70%
CURRENT VS 20Y AVG
-90.75%
SECTOR MEDIAN · FINANCIAL SERVICES
5.21x
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
-91.31%
vs the sector median at left
The Bank of New York Mellon Corporation
Market Cap
$97.40B
Interest Coverage Ratio
0.45x
TTM Avg
0.36x
3Y Avg
0.31x
5Y Avg
0.51x
Market Cap
$97.02B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$98.46B
Interest Coverage Ratio
1.27x
TTM Avg
1.18x
3Y Avg
1.15x
5Y Avg
1.24x
Market Cap
$94.81B
Interest Coverage Ratio
32.61x
TTM Avg
28.52x
3Y Avg
24.28x
5Y Avg
21.48x
Market Cap
$100.77B
Interest Coverage Ratio
0.78x
TTM Avg
0.67x
3Y Avg
1.27x
5Y Avg
3.66x
Market Cap
$92.31B
Interest Coverage Ratio
0.20x
TTM Avg
0.24x
3Y Avg
0.40x
5Y Avg
1.39x
Market Cap
$91.46B
Interest Coverage Ratio
6.48x
TTM Avg
7.40x
3Y Avg
8.27x
5Y Avg
8.12x
Market Cap
$108.21B
Interest Coverage Ratio
0.34x
TTM Avg
0.31x
3Y Avg
0.46x
5Y Avg
4.38x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Bank of New York Mellon Corporation (BK) | $97.40B | 0.45x | 0.36x | 0.31x | 0.51x |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.02B | N/A | N/A | N/A | N/A |
| Brookfield Corporation (BN)vs › | $98.46B | 1.27x | 1.18x | 1.15x | 1.24x |
| U.S. Bancorp (USB)vs › | $99.60B | 0.66x | 0.58x | 1.00x | 2.87x |
| CME Group Inc. (CME)vs › | $94.81B | 32.61x | 28.52x | 24.28x | 21.48x |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.77B | 0.78x | 0.67x | 1.27x | 3.66x |
| KKR & Co. Inc. (KKR)vs › | $92.31B | 0.20x | 0.24x | 0.40x | 1.39x |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.46B | 6.48x | 7.40x | 8.27x | 8.12x |
| Bank of New York Mellon Corp (BNY)vs › | $108.21B | 0.34x | 0.31x | 0.46x | 4.38x |
| Intercontinental Exchange, Inc. (ICE)vs › | $84.38B | 6.27x | 5.50x | 5.37x | 6.36x |
Interest Coverage
0.5x
Debt/Equity
0.79
Current Ratio
40.62
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 |
|---|---|
| 2026-03-31 | 0.45x |
| 2025-12-31 | 0.37x |
| 2025-09-30 | 0.35x |
| 2025-06-30 | 0.34x |
| 2025-03-31 | 0.31x |
| 2024-12-31 | 0.28x |
| 2024-09-30 | 0.27x |
| 2024-06-30 | 0.28x |
| 2024-03-31 | 0.26x |
| 2023-12-31 | 0.05x |
| 2023-09-30 | 0.29x |
| 2023-06-30 | 0.34x |
| 2023-03-31 | 0.46x |
| 2022-12-31 | 0.32x |
| 2022-09-30 | 0.60x |
| 2022-06-30 | 3.27x |
| 2022-03-31 | 11.47x |
| 2021-12-31 | 20.48x |
| 2021-09-30 | 22.35x |
| 2021-06-30 | 31.70x |
| 2021-03-31 | 13.89x |
| 2020-12-31 | 9.41x |
| 2020-09-30 | 9.89x |
| 2020-06-30 | 7.25x |
| 2020-03-31 | 1.62x |
| 2019-12-31 | 2.01x |
| 2019-09-30 | 1.06x |
| 2019-06-30 | 1.10x |
| 2019-03-31 | 1.11x |
| 2018-12-31 | 1.04x |
| 2018-09-30 | 1.80x |
| 2018-06-30 | 2.19x |
| 2018-03-31 | 3.13x |
| 2017-12-31 | 1.98x |
| 2017-09-30 | 4.38x |
| 2017-06-30 | 5.79x |
| 2017-03-31 | 7.18x |
| 2016-12-31 | 11.88x |
| 2016-09-30 | 13.17x |
| 2016-06-30 | 9.47x |
| 2016-03-31 | 9.32x |
| 2015-12-31 | 11.77x |
| 2015-09-30 | 14.04x |
| 2015-06-30 | 17.13x |
| 2015-03-31 | 13.80x |
| 2014-12-31 | 1.82x |
| 2014-09-30 | 18.89x |
| 2014-06-30 | 8.82x |
| 2014-03-31 | 11.02x |
| 2013-12-31 | 8.56x |
| 2013-09-30 | 12.07x |
| 2013-06-30 | 15.47x |
| 2013-03-31 | 8.59x |
| 2012-12-31 | 7.23x |
| 2012-09-30 | 7.62x |
| 2012-06-30 | 4.18x |
| 2012-03-31 | 6.02x |
| 2011-12-31 | 4.75x |
| 2011-09-30 | 6.18x |
| 2011-06-30 | 6.63x |
| 2011-03-31 | 6.33x |
| 2010-12-31 | 5.03x |
| 2010-09-30 | 5.91x |
| 2010-06-30 | 7.19x |
| 2010-03-31 | 7.49x |
| 2009-12-31 | 5.17x |
| 2009-09-30 | -35.09x |
| 2009-06-30 | 3.54x |
| 2009-03-31 | 2.80x |
| 2008-12-31 | -0.10x |
| 2008-09-30 | 0.42x |
| 2008-06-30 | 0.92x |
| 2008-03-31 | 1.26x |
| 2007-12-31 | 0.99x |
| 2007-09-30 | 0.81x |
| 2007-06-30 | 0.93x |
| 2007-03-31 | 1.09x |
| 2006-12-31 | 1.03x |
| 2006-09-30 | 0.69x |
| 2006-06-30 | 1.07x |
| 2006-03-31 | 1.13x |
| 2005-12-31 | 1.31x |
| 2005-09-30 | 1.41x |
| 2005-06-30 | 1.66x |
| 2005-03-31 | 2.09x |
| 2004-12-31 | 2.45x |
| 2004-09-30 | 2.63x |
| 2004-06-30 | 3.14x |
| 2004-03-31 | 2.73x |
| 2003-12-31 | 2.83x |
| 2003-09-30 | 2.33x |
| 2003-06-30 | 2.29x |
| 2003-03-31 | 2.37x |
| 2002-12-31 | 0.73x |
| 2002-09-30 | 0.53x |