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BNYBank of New York Mellon Corp

Interest Coverage Ratio: 0.45x

popular:market cap|pe ratio|revenue|price history|total return

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 Sunday, June 28, 2026. 24.53% above its 12-month average of 0.36x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

BNY Interest Coverage Ratio

0.45x

Reported quarterly interest coverage; no daily interpolation.

-98.57% 5Y
BNY Interest Coverage Ratio

BNY Average Interest Coverage Ratio Chart

BNY Interest Coverage Ratio

BNY Current vs Average Interest Coverage Ratio Chart

BNY Interest Coverage Ratio Metrics

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%

BNY Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Bank of New York Mellon Corp (BNY)$98.45B0.45x0.36x0.31x0.51x
The PNC Financial Services Group, Inc. (PNC)vs ›$98.38B0.78x0.67x1.27x3.66x
The Bank of New York Mellon Corporation (BK)vs ›$97.40B0.34x0.31x0.46x4.38x
Brookfield Corporation (BN)vs ›$95.75B1.27x1.18x1.15x1.24x
U.S. Bancorp (USB)vs ›$94.55B0.66x0.58x1.00x2.87x
Marsh & McLennan Companies, Inc. (MMC)vs ›$89.82B6.48x7.40x8.27x8.12x
Robinhood Markets, Inc. (HOOD)vs ›$88.87BN/A43.92x43.92x43.92x
iShares Russell 2000 ETF (IWM)vs ›$83.73BN/AN/AN/AN/A
Marsh & McLennan Companies, Inc. (MRSH)vs ›$81.44B6.48x7.40x8.27x8.12x
KKR & Co. Inc. (KKR)vs ›$80.93B0.20x0.24x0.40x1.39x

Financial Health Indicators

Interest Coverage

0.5x

Debt/Equity

0.76

Current Ratio

0.70

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The interest coverage ratio for BNY stock is 0.45x.
Is Bank of New York Mellon Corp's 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).
What is the TTM average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The TTM average interest coverage ratio for BNY stock is 0.36x.
What is the 3Y average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The 3Y average interest coverage ratio for BNY stock is 0.31x.
What is the 5Y average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The 5Y average interest coverage ratio for BNY stock is 0.51x.
What is the 10Y average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The 10Y average interest coverage ratio for BNY stock is 4.53x.
What is the 15Y average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The 15Y average interest coverage ratio for BNY stock is 6.20x.
What is the 20Y average interest coverage ratio for Bank of New York Mellon Corp (BNY)?
The 20Y average interest coverage ratio for BNY stock is 4.89x.

BNY Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-310.45x
2025-12-310.37x
2025-09-300.35x
2025-06-300.34x
2025-03-310.31x
2024-12-310.28x
2024-09-300.27x
2024-06-300.28x
2024-03-310.26x
2023-12-310.05x
2023-09-300.29x
2023-06-300.34x
2023-03-310.46x
2022-12-310.32x
2022-09-300.60x
2022-06-303.27x
2022-03-3111.47x
2021-12-3120.48x
2021-09-3022.35x
2021-06-3031.70x
2021-03-3113.89x
2020-12-319.41x
2020-09-309.89x
2020-06-307.25x
2020-03-311.62x
2019-12-312.01x
2019-09-301.06x
2019-06-301.10x
2019-03-311.11x
2018-12-311.04x
2018-09-301.80x
2018-06-302.19x
2018-03-313.13x
2017-12-311.98x
2017-09-304.38x
2017-06-305.79x
2017-03-317.18x
2016-12-3111.88x
2016-09-3013.17x
2016-06-309.47x
2016-03-319.32x
2015-12-3111.77x
2015-09-3014.04x
2015-06-3017.13x
2015-03-3113.80x
2014-12-311.82x
2014-09-3018.89x
2014-06-308.82x
2014-03-3111.02x
2013-12-318.56x
2013-09-3012.07x
2013-06-3015.47x
2013-03-318.59x
2012-12-317.23x
2012-09-307.62x
2012-06-304.18x
2012-03-316.02x
2011-12-314.75x
2011-09-306.18x
2011-06-306.63x
2011-03-316.33x
2010-12-315.03x
2010-09-305.91x
2010-06-307.19x
2010-03-317.49x
2009-12-315.17x
2009-09-30-35.09x
2009-06-303.54x
2009-03-312.80x
2008-12-31-0.10x
2008-09-300.42x
2008-06-300.92x
2008-03-311.26x
2007-12-310.99x
2007-09-300.81x
2007-06-300.93x
2007-03-311.09x
2006-12-311.03x
2006-09-300.69x
2006-06-301.07x
2006-03-311.13x
2005-12-311.31x
2005-09-301.41x
2005-06-301.66x
2005-03-312.09x
2004-12-312.45x
2004-09-302.63x
2004-06-303.14x
2004-03-312.73x
2003-12-312.83x
2003-09-302.33x
2003-06-302.29x
2003-03-312.37x
2002-12-310.73x
2002-09-300.53x
2002-06-302.17x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About Bank of New York Mellon Corp

The Bank of New York Mellon Corp. is a holding company, which engages in the provision of financial services. It operates through the following segments: Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other. The Securities Services segment includes the Asset Servicing business, which provides global custody, fund accounting, integrated middle-office solutions, transfer agency and data, and analytics solutions. The Market and Wealth Services segment consists of the Pershing, Clearance and Collateral Management, and Treasury Services businesses. The Investment and Wealth Management segment is involved in services to institutional and retail investors, as well as investment management, wealth, and estate planning. The Other segment refers to the leasing portfolio, corporate treasury activities, derivatives, and other trading activity. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.

New York, NY
47,200 employees
www.bny.com
Financial Services / Investment - Banking & Investment Services
Sector
Financial Services
Industry
Investment - Banking & Investment Services
CEO
Robin Vince
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