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 4.93x is 32% below its 5-year average of 7.21x, near the low end of its 5-year range (4.46x–16.06x).
As of the fiscal period ended Tuesday, March 31, 2026. 1.99% above its 12-month average of 4.84x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
4.93x
INTEREST COVERAGE RATIO AVG TTM
4.84x
INTEREST COVERAGE RATIO AVG 3Y
4.76x
INTEREST COVERAGE RATIO AVG 5Y
6.28x
INTEREST COVERAGE RATIO AVG 10Y
7.43x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.99%
CURRENT VS 3Y AVG
+3.65%
CURRENT VS 5Y AVG
-21.51%
CURRENT VS 10Y AVG
-33.60%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.52x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-34.37%
vs the sector median at left
Corpay, Inc.
Market Cap
$25.80B
Interest Coverage Ratio
4.93x
TTM Avg
4.84x
3Y Avg
4.76x
5Y Avg
6.28x
Market Cap
$25.69B
Interest Coverage Ratio
-30.79x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.43B
Interest Coverage Ratio
36.18x
TTM Avg
37.01x
3Y Avg
46.71x
5Y Avg
39.62x
Market Cap
$25.33B
Interest Coverage Ratio
95.38x
TTM Avg
74.47x
3Y Avg
92.69x
5Y Avg
128.80x
Market Cap
$26.44B
Interest Coverage Ratio
8.39x
TTM Avg
8.39x
3Y Avg
8.39x
5Y Avg
8.39x
Market Cap
$26.70B
Interest Coverage Ratio
14.56x
TTM Avg
14.30x
3Y Avg
13.61x
5Y Avg
12.33x
Market Cap
$24.65B
Interest Coverage Ratio
38.25x
TTM Avg
38.25x
3Y Avg
38.25x
5Y Avg
38.25x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $25.80B | 4.93x | 4.84x | 4.76x | 6.28x |
| Roblox Corporation (RBLX)vs › | $25.69B | -30.79x | N/A | N/A | N/A |
| First Solar, Inc. (FSLR)vs › | $25.43B | 36.18x | 37.01x | 46.71x | 39.62x |
| Zscaler, Inc. (ZS)vs › | $26.26B | -13.49x | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.33B | 95.38x | 74.47x | 92.69x | 128.80x |
| Splunk Inc. (SPLK)vs › | $26.44B | 8.39x | 8.39x | 8.39x | 8.39x |
| HP Inc. (HPQ)vs › | $26.62B | 7.16x | 6.72x | 7.80x | 11.12x |
| VeriSign, Inc. (VRSN)vs › | $26.70B | 14.56x | 14.30x | 13.61x | 12.33x |
| Okta, Inc. (OKTA)vs › | $24.65B | 38.25x | 38.25x | 38.25x | 38.25x |
| Verisk Analytics, Inc. (VRSK)vs › | $24.56B | 8.02x | 9.04x | 9.50x | 8.68x |
Interest Coverage
4.9x
Debt/Equity
2.95
Current Ratio
0.98
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 | 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 |
