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 18.57x is 364% above its 5-year average of 4.01x, around the middle of its 5-year range (-7.01x–34.50x).
0.61% above its 12-month average of 18.46x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2026 (2026-06-30): 34.50x.
INTEREST COVERAGE RATIO
18.57x
INTEREST COVERAGE RATIO AVG TTM
18.46x
INTEREST COVERAGE RATIO AVG 3Y
8.60x
INTEREST COVERAGE RATIO AVG 5Y
4.01x
INTEREST COVERAGE RATIO AVG 10Y
4.83x
INTEREST COVERAGE RATIO AVG 15Y
6.25x
INTEREST COVERAGE RATIO AVG 20Y
5.85x
CURRENT VS TTM AVG
+0.61%
CURRENT VS 3Y AVG
+115.97%
CURRENT VS 5Y AVG
+363.54%
CURRENT VS 10Y AVG
+284.17%
CURRENT VS 15Y AVG
+196.95%
CURRENT VS 20Y AVG
+217.44%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+103.51%
vs the sector median at left
Carpenter Technology Corporation
Market Cap
$20.28B
Interest Coverage Ratio
18.57x
TTM Avg
18.46x
3Y Avg
8.60x
5Y Avg
4.01x
Market Cap
$20.36B
Interest Coverage Ratio
24.26x
TTM Avg
13.73x
3Y Avg
13.73x
5Y Avg
12.58x
Market Cap
$19.98B
Interest Coverage Ratio
-0.64x
TTM Avg
5.09x
3Y Avg
10.25x
5Y Avg
9.30x
Market Cap
$19.92B
Interest Coverage Ratio
18.36x
TTM Avg
23.77x
3Y Avg
32.80x
5Y Avg
24.91x
Market Cap
$19.62B
Interest Coverage Ratio
15.26x
TTM Avg
14.84x
3Y Avg
15.42x
5Y Avg
12.80x
Market Cap
$21.18B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
Market Cap
$21.19B
Interest Coverage Ratio
28.40x
TTM Avg
36.25x
3Y Avg
27.89x
5Y Avg
42.77x
Market Cap
$19.34B
Interest Coverage Ratio
6.07x
TTM Avg
5.87x
3Y Avg
22.39x
5Y Avg
17.38x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $20.28B | 18.57x | 18.46x | 8.60x | 4.01x |
| Coeur Mining, Inc. (CDE)vs › | $20.36B | 24.26x | 13.73x | 13.73x | 12.58x |
| LyondellBasell Industries N.V. (LYB)vs › | $19.98B | -0.64x | 5.09x | 10.25x | 9.30x |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.92B | 18.36x | 23.77x | 32.80x | 24.91x |
| Dow Inc. (DOW)vs › | $20.75B | 0.30x | 1.51x | 3.66x | 4.83x |
| CF Industries Holdings, Inc. (CF)vs › | $19.62B | 15.26x | 14.84x | 15.42x | 12.80x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.18B | 3.68x | 3.09x | 3.09x | 3.13x |
| Royal Gold, Inc. (RGLD)vs › | $21.19B | 28.40x | 36.25x | 27.89x | 42.77x |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $19.34B | 6.07x | 5.87x | 22.39x | 17.38x |
| International Paper Company (IP)vs › | $18.29B | -7.58x | 1.96x | 2.92x | 2.76x |
Interest Coverage
18.6x
Debt/Equity
0.31
Current Ratio
3.81
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 | 34.50x |
| 2026-03-31 | 21.44x |
| 2025-12-31 | 13.38x |
| 2025-09-30 | 13.33x |
| 2025-06-30 | 9.64x |
| 2025-03-31 | 8.67x |
| 2024-12-31 | 7.39x |
| 2024-09-30 | 6.97x |
| 2024-06-30 | 6.69x |
| 2024-03-31 | 4.57x |
| 2023-12-31 | 4.23x |
| 2023-09-30 | 4.26x |
| 2023-06-30 | 2.62x |
| 2023-03-31 | 2.31x |
| 2022-12-31 | 1.46x |
| 2022-09-30 | 0.66x |
| 2022-06-30 | 1.85x |
| 2022-03-31 | 0.10x |
| 2021-12-31 | -3.12x |
| 2021-09-30 | -1.87x |
| 2021-06-30 | -7.01x |
| 2021-03-31 | -4.49x |
| 2020-12-31 | -11.27x |
| 2020-09-30 | -6.34x |
| 2020-06-30 | -36.15x |
| 2020-03-31 | 11.98x |
| 2019-12-31 | 10.38x |
| 2019-09-30 | 9.80x |
| 2019-06-30 | 11.89x |
| 2019-03-31 | 10.31x |
| 2018-12-31 | 7.91x |
| 2018-09-30 | 7.14x |
| 2018-06-30 | 9.43x |
| 2018-03-31 | 6.09x |
| 2017-12-31 | 5.67x |
| 2017-09-30 | 5.86x |
| 2017-06-30 | 6.11x |
| 2017-03-31 | 4.65x |
| 2016-12-31 | 2.08x |
| 2016-09-30 | 0.19x |
| 2016-06-30 | 4.06x |
| 2016-03-31 | -3.38x |
| 2015-12-31 | 3.11x |
| 2015-09-30 | 3.76x |
| 2015-06-30 | 5.82x |
| 2015-03-31 | 0.68x |
| 2014-12-31 | 6.62x |
| 2014-09-30 | 3.16x |
| 2014-06-30 | 9.55x |
| 2014-03-31 | 18.33x |
| 2013-12-31 | 12.84x |
| 2013-09-30 | 12.68x |
| 2013-06-30 | 10.38x |
| 2013-03-31 | 10.60x |
| 2012-12-31 | 11.98x |
| 2012-09-30 | 11.85x |
| 2012-06-30 | 12.31x |
| 2012-03-31 | 9.95x |
| 2011-12-31 | 7.57x |
| 2011-09-30 | 6.29x |
| 2011-06-30 | 8.33x |
| 2011-03-31 | 8.00x |
| 2010-12-31 | 2.81x |
| 2010-09-30 | 3.36x |
| 2010-06-30 | 2.27x |
| 2010-03-31 | 2.84x |
| 2009-12-31 | 0.44x |
| 2009-09-30 | -3.09x |
| 2009-06-30 | -8.03x |
| 2009-03-31 | 4.13x |
| 2008-12-31 | 10.45x |
| 2008-09-30 | 8.96x |
| 2008-03-31 | 14.65x |
