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 4.83x is 20% below its 5-year average of 6.01x, near the low end of its 5-year range (4.11x–16.06x).
1.73% above its 12-month average of 4.75x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 4.11x.
INTEREST COVERAGE RATIO
4.83x
INTEREST COVERAGE RATIO AVG TTM
4.75x
INTEREST COVERAGE RATIO AVG 3Y
4.71x
INTEREST COVERAGE RATIO AVG 5Y
6.01x
INTEREST COVERAGE RATIO AVG 10Y
7.25x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.73%
CURRENT VS 3Y AVG
+2.49%
CURRENT VS 5Y AVG
-19.63%
CURRENT VS 10Y AVG
-33.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-37.92%
vs the sector median at left
Corpay, Inc.
Market Cap
$26.00B
Interest Coverage Ratio
4.83x
TTM Avg
4.75x
3Y Avg
4.71x
5Y Avg
6.01x
Market Cap
$26.03B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.24B
Interest Coverage Ratio
N/A
TTM Avg
9.11x
3Y Avg
9.11x
5Y Avg
9.11x
Market Cap
$25.29B
Interest Coverage Ratio
14.24x
TTM Avg
17.64x
3Y Avg
42.60x
5Y Avg
59.59x
Market Cap
$25.23B
Interest Coverage Ratio
N/A
TTM Avg
77.90x
3Y Avg
56.21x
5Y Avg
39.63x
Market Cap
$25.16B
Interest Coverage Ratio
3.72x
TTM Avg
4.24x
3Y Avg
4.62x
5Y Avg
4.06x
Market Cap
$25.13B
Interest Coverage Ratio
15.60x
TTM Avg
9.31x
3Y Avg
9.31x
5Y Avg
9.31x
Market Cap
$26.97B
Interest Coverage Ratio
95.38x
TTM Avg
74.47x
3Y Avg
92.69x
5Y Avg
128.80x
Market Cap
$27.24B
Interest Coverage Ratio
10.54x
TTM Avg
19.45x
3Y Avg
24.43x
5Y Avg
18.28x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $26.00B | 4.83x | 4.75x | 4.71x | 6.01x |
| Zoom Communications, Inc. (ZM)vs › | $26.03B | N/A | N/A | N/A | N/A |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.24B | N/A | 9.11x | 9.11x | 9.11x |
| Super Micro Computer, Inc. (SMCI)vs › | $25.29B | 14.24x | 17.64x | 42.60x | 59.59x |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.23B | N/A | 77.90x | 56.21x | 39.63x |
| Fiserv, Inc. (FISV)vs › | $25.16B | 3.72x | 4.24x | 4.62x | 4.06x |
| Qnity Electronics, Inc. (Q)vs › | $25.13B | 15.60x | 9.31x | 9.31x | 9.31x |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.97B | 95.38x | 74.47x | 92.69x | 128.80x |
| ON Semiconductor Corporation (ON)vs › | $27.24B | 10.54x | 19.45x | 24.43x | 18.28x |
| VeriSign, Inc. (VRSN)vs › | $27.40B | 14.56x | 14.30x | 13.61x | 12.33x |
Interest Coverage
4.8x
Debt/Equity
3.00
Current Ratio
0.97
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 | 4.11x |
| 2026-03-31 | 4.93x |
| 2025-12-31 | 4.52x |
| 2025-09-30 | 5.23x |
| 2025-06-30 | 4.95x |
| 2025-03-31 | 4.55x |
| 2024-12-31 | 5.15x |
| 2024-09-30 | 4.48x |
| 2024-06-30 | 4.58x |
| 2024-03-31 | 4.46x |
| 2023-12-31 | 4.61x |
| 2023-09-30 | 5.04x |
| 2023-06-30 | 4.66x |
| 2023-03-31 | 4.70x |
| 2022-12-31 | 4.98x |
| 2022-09-30 | 8.57x |
| 2022-06-30 | 16.06x |
| 2022-03-31 | 14.42x |
| 2021-12-31 | 15.87x |
| 2021-09-30 | 11.67x |
| 2021-06-30 | 8.58x |
| 2021-03-31 | 9.32x |
| 2020-12-31 | 9.69x |
| 2020-09-30 | 8.43x |
| 2020-06-30 | 6.57x |
| 2020-03-31 | 5.63x |
| 2019-12-31 | 9.18x |
| 2019-09-30 | 9.02x |
| 2019-06-30 | 7.52x |
| 2019-03-31 | 7.28x |
| 2018-12-31 | 7.45x |
| 2018-09-30 | 7.79x |
| 2018-06-30 | 7.99x |
| 2018-03-31 | 8.37x |
| 2017-12-31 | 7.79x |
| 2017-09-30 | 7.93x |
| 2017-06-30 | 9.06x |
| 2017-03-31 | 8.43x |
| 2016-12-31 | 9.82x |
| 2016-09-30 | 10.72x |
| 2016-06-30 | 10.77x |
| 2016-03-31 | 10.87x |
| 2015-12-31 | 8.85x |
| 2015-09-30 | 10.98x |
| 2015-06-30 | 9.35x |
| 2015-03-31 | 8.37x |
| 2014-12-31 | 13.05x |
| 2014-09-30 | 29.68x |
| 2014-06-30 | 25.34x |
| 2014-03-31 | 20.90x |
| 2013-12-31 | 19.28x |
| 2013-09-30 | 29.62x |
| 2013-06-30 | 29.04x |
| 2013-03-31 | 27.34x |
