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 24.52x is 21% above its 5-year average of 20.25x, near the high end of its 5-year range (14.52x–26.05x).
0.49% below its 12-month average of 24.64x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2026 (2026-05-31): 26.05x.
INTEREST COVERAGE RATIO
24.52x
INTEREST COVERAGE RATIO AVG TTM
24.64x
INTEREST COVERAGE RATIO AVG 3Y
22.50x
INTEREST COVERAGE RATIO AVG 5Y
20.25x
INTEREST COVERAGE RATIO AVG 10Y
15.89x
INTEREST COVERAGE RATIO AVG 15Y
13.76x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
+8.98%
CURRENT VS 5Y AVG
+21.08%
CURRENT VS 10Y AVG
+54.32%
CURRENT VS 15Y AVG
+78.20%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+212.36%
vs the sector median at left
Cintas Corporation
Market Cap
$79.61B
Interest Coverage Ratio
24.52x
TTM Avg
24.64x
3Y Avg
22.50x
5Y Avg
20.25x
Market Cap
$78.26B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$77.28B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$82.31B
Interest Coverage Ratio
9.13x
TTM Avg
8.69x
3Y Avg
9.57x
5Y Avg
11.00x
Market Cap
$76.39B
Interest Coverage Ratio
1.35x
TTM Avg
0.86x
3Y Avg
0.86x
5Y Avg
0.86x
Market Cap
$75.47B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
Market Cap
$74.24B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
Market Cap
$73.66B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $79.61B | 24.52x | 24.64x | 22.50x | 20.25x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.26B | 6.40x | 6.44x | 5.92x | 6.36x |
| Illinois Tool Works Inc. (ITW)vs › | $77.28B | 14.44x | 14.75x | 15.84x | 15.76x |
| Emerson Electric Co. (EMR)vs › | $82.31B | 9.13x | 8.69x | 9.57x | 11.00x |
| Bloom Energy Corporation (BE)vs › | $76.39B | 1.35x | 0.86x | 0.86x | 0.86x |
| Northrop Grumman Corporation (NOC)vs › | $75.47B | 6.44x | 6.74x | 6.32x | 7.04x |
| 3M Company (MMM)vs › | $84.92B | 6.34x | 5.25x | 5.76x | 8.68x |
| Cummins Inc. (CMI)vs › | $74.24B | 11.75x | 10.95x | 10.33x | 14.73x |
| Canadian National Railway Company (CNI)vs › | $73.66B | 7.21x | 7.11x | 8.96x | 8.95x |
| FedEx Corporation (FDX)vs › | $72.93B | 12.43x | 10.07x | 9.09x | 8.90x |
Interest Coverage
24.5x
Debt/Equity
0.53
Current Ratio
1.43
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 |
|---|---|
| 2026-05-31 | 26.05x |
| 2026-02-28 | 23.39x |
| 2025-11-30 | 23.35x |
| 2025-08-31 | 25.57x |
| 2025-05-31 | 24.83x |
| 2025-02-28 | 24.63x |
| 2024-11-30 | 22.18x |
| 2024-08-31 | 21.90x |
| 2024-05-31 | 22.74x |
| 2024-02-29 | 20.40x |
| 2023-11-30 | 18.79x |
| 2023-08-31 | 20.39x |
| 2023-05-31 | 18.27x |
| 2023-02-28 | 15.50x |
| 2022-11-30 | 15.38x |
| 2022-08-31 | 15.88x |
| 2022-05-31 | 17.54x |
| 2022-02-28 | 18.50x |
| 2021-11-30 | 17.41x |
| 2021-08-31 | 18.03x |
| 2021-05-31 | 14.52x |
| 2021-02-28 | 13.30x |
| 2020-11-30 | 14.37x |
| 2020-08-31 | 14.24x |
| 2020-05-31 | 7.99x |
| 2020-02-29 | 12.13x |
| 2019-11-30 | 12.78x |
| 2019-08-31 | 11.21x |
| 2019-05-31 | 12.19x |
| 2019-02-28 | 10.39x |
| 2018-11-30 | 11.08x |
| 2018-08-31 | 10.91x |
| 2018-05-31 | 10.69x |
| 2018-02-28 | 7.72x |
| 2017-11-30 | 8.07x |
| 2017-08-31 | 8.22x |
| 2017-05-31 | 3.91x |
| 2017-02-28 | 14.22x |
| 2016-11-30 | 15.29x |
| 2016-08-31 | 14.60x |
| 2016-05-31 | 12.86x |
| 2016-02-29 | 11.94x |
| 2015-11-30 | 12.39x |
| 2015-08-31 | 11.30x |
| 2015-05-31 | 10.84x |
| 2015-02-28 | 10.68x |
| 2014-11-30 | 11.37x |
| 2014-08-31 | 9.86x |
| 2014-05-31 | 7.55x |
| 2014-02-28 | 9.15x |
| 2013-11-30 | 9.28x |
| 2013-08-31 | 8.48x |
| 2013-05-31 | 9.32x |
| 2013-02-28 | 8.16x |
| 2012-11-30 | 8.53x |
| 2012-08-31 | 8.39x |
| 2012-05-31 | 7.68x |
| 2012-02-29 | 7.99x |
| 2011-11-30 | 7.48x |
| 2011-08-31 | 7.42x |
| 2011-05-31 | 10.11x |
| 2011-02-28 | 8.70x |
| 2010-11-30 | 8.42x |
| 2010-08-31 | 8.17x |
| 2010-05-31 | 8.17x |
| 2010-02-28 | 7.26x |
| 2009-11-30 | 8.46x |
| 2009-08-31 | 8.21x |
| 2009-02-28 | 9.62x |
| 2008-11-30 | 10.21x |
| 2008-08-31 | 10.57x |
