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 26.05x is 29% above its 5-year average of 20.25x, near the high end of its 5-year range (14.52x–26.05x).
As of the fiscal period ended Sunday, May 31, 2026. 5.72% above its 12-month average of 24.64x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
26.05x
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
+5.72%
CURRENT VS 3Y AVG
+15.78%
CURRENT VS 5Y AVG
+28.64%
CURRENT VS 10Y AVG
+63.95%
CURRENT VS 15Y AVG
+89.32%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
+233.34%
vs the sector median at left
Cintas Corporation
Market Cap
$81.89B
Interest Coverage Ratio
26.05x
TTM Avg
24.64x
3Y Avg
22.50x
5Y Avg
20.25x
Market Cap
$82.56B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$83.91B
Interest Coverage Ratio
9.13x
TTM Avg
8.69x
3Y Avg
9.57x
5Y Avg
11.00x
Market Cap
$78.14B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$77.07B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
Market Cap
$77.03B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$76.95B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$87.51B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
Market Cap
$75.35B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $81.89B | 26.05x | 24.64x | 22.50x | 20.25x |
| Illinois Tool Works Inc. (ITW)vs › | $82.56B | 14.44x | 14.75x | 15.84x | 15.76x |
| Emerson Electric Co. (EMR)vs › | $83.91B | 9.13x | 8.69x | 9.57x | 11.00x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.14B | 6.40x | 6.44x | 5.92x | 6.36x |
| Northrop Grumman Corporation (NOC)vs › | $77.07B | 6.44x | 6.74x | 6.32x | 7.04x |
| Honeywell International Inc. (HON)vs › | $77.03B | 4.89x | 5.63x | 8.73x | 11.48x |
| Canadian National Railway Company (CNI)vs › | $76.95B | 7.21x | 7.11x | 8.96x | 8.95x |
| Cummins Inc. (CMI)vs › | $87.51B | 11.75x | 10.95x | 10.33x | 14.73x |
| Norfolk Southern Corporation (NSC)vs › | $75.35B | 5.06x | 4.86x | 5.11x | 5.44x |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 7.78x | 8.94x | 12.16x | 13.22x |
Interest Coverage
26.1x
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 |
