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 16.62x is 24% below its 5-year average of 21.77x, near the low end of its 5-year range (-42.00x–163.71x).
As of the fiscal period ended Tuesday, June 30, 2026. 0.99% above its 12-month average of 16.45x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
16.62x
INTEREST COVERAGE RATIO AVG TTM
16.45x
INTEREST COVERAGE RATIO AVG 3Y
12.26x
INTEREST COVERAGE RATIO AVG 5Y
10.72x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.99%
CURRENT VS 3Y AVG
+35.57%
CURRENT VS 5Y AVG
+55.06%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.50x
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+74.92%
vs the sector median at left
Corteva, Inc.
Market Cap
$51.28B
Interest Coverage Ratio
16.62x
TTM Avg
16.45x
3Y Avg
12.26x
5Y Avg
10.72x
Market Cap
$56.54B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$62.26B
Interest Coverage Ratio
15.64x
TTM Avg
14.36x
3Y Avg
25.51x
5Y Avg
31.83x
Market Cap
$63.20B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$37.90B
Interest Coverage Ratio
21.07x
TTM Avg
27.77x
3Y Avg
38.09x
5Y Avg
39.41x
Market Cap
$36.56B
Interest Coverage Ratio
3.41x
TTM Avg
5.28x
3Y Avg
5.86x
5Y Avg
6.14x
Market Cap
$66.57B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$69.10B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corteva, Inc. (CTVA) | $51.28B | 16.62x | 16.45x | 12.26x | 10.72x |
| Wheaton Precious Metals Corp. (WPM)vs › | $56.54B | 276.45x | 194.16x | 143.86x | 122.90x |
| Nucor Corporation (NUE)vs › | $62.26B | 15.64x | 14.36x | 25.51x | 31.83x |
| Vale S.A. (VALE)vs › | $63.20B | 7.12x | 8.31x | 10.42x | 10.10x |
| Steel Dynamics, Inc. (STLD)vs › | $37.90B | 21.07x | 27.77x | 38.09x | 39.41x |
| CRH plc (CRH)vs › | $65.36B | 6.57x | 7.45x | 9.95x | 8.88x |
| Vulcan Materials Company (VMC)vs › | $36.56B | 3.41x | 5.28x | 5.86x | 6.14x |
| Air Products and Chemicals, Inc. (APD)vs › | $66.57B | -4.10x | 17.23x | 17.20x | 17.49x |
| Barrick Mining Corporation (B)vs › | $69.10B | 22.63x | 16.58x | 12.59x | 12.71x |
| Martin Marietta Materials, Inc. (MLM)vs › | $32.51B | 6.65x | 11.34x | 9.87x | 9.13x |
Interest Coverage
16.6x
Debt/Equity
0.19
Current Ratio
1.52
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 | 16.62x |
| 2026-03-31 | 32.25x |
| 2025-12-31 | 4.87x |
| 2025-09-30 | -6.70x |
| 2025-06-30 | 35.23x |
| 2025-03-31 | 22.97x |
| 2024-12-31 | 5.45x |
| 2024-09-30 | -7.05x |
| 2024-06-30 | 24.38x |
| 2024-03-31 | 17.00x |
| 2023-12-31 | 2.66x |
| 2023-09-30 | -4.57x |
| 2023-06-30 | 16.22x |
| 2023-03-31 | 28.39x |
| 2022-12-31 | 1.25x |
| 2022-09-30 | -13.83x |
| 2022-06-30 | 89.81x |
| 2022-03-31 | 77.22x |
| 2021-12-31 | -6.75x |
| 2021-09-30 | -42.00x |
| 2021-06-30 | 163.71x |
| 2021-03-31 | 80.14x |
| 2020-12-31 | -11.50x |
| 2020-09-30 | -43.36x |
| 2020-06-30 | 67.71x |
| 2020-03-31 | 48.70x |
| 2019-12-31 | -7.63x |
| 2019-09-30 | -24.89x |
| 2019-06-30 | 35.00x |
| 2019-03-31 | 0.85x |
| 2018-09-30 | -7.12x |
| 2018-06-30 | 7.02x |
| 2018-03-31 | 3.04x |
