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 14.55x is 21% above its 5-year average of 12.04x, near the low end of its 5-year range (-42.00x–163.71x).
32.29% below its 12-month average of 21.49x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 40.74x.
INTEREST COVERAGE RATIO
14.55x
INTEREST COVERAGE RATIO AVG TTM
21.49x
INTEREST COVERAGE RATIO AVG 3Y
14.19x
INTEREST COVERAGE RATIO AVG 5Y
12.04x
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
-32.29%
CURRENT VS 3Y AVG
+2.51%
CURRENT VS 5Y AVG
+20.83%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+59.45%
vs the sector median at left
Corteva, Inc.
Market Cap
$53.47B
Interest Coverage Ratio
14.55x
TTM Avg
21.49x
3Y Avg
14.19x
5Y Avg
12.04x
Market Cap
$51.01B
Interest Coverage Ratio
20.30x
TTM Avg
14.98x
3Y Avg
9.50x
5Y Avg
9.56x
Market Cap
$56.34B
Interest Coverage Ratio
15.64x
TTM Avg
14.36x
3Y Avg
18.01x
5Y Avg
31.83x
Market Cap
$60.47B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$62.99B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$67.07B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$36.73B
Interest Coverage Ratio
5.31x
TTM Avg
4.89x
3Y Avg
8.75x
5Y Avg
7.80x
Market Cap
$71.39B
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) | $53.47B | 14.55x | 21.49x | 14.19x | 12.04x |
| AngloGold Ashanti plc (AU)vs › | $51.01B | 20.30x | 14.98x | 9.50x | 9.56x |
| Nucor Corporation (NUE)vs › | $56.34B | 15.64x | 14.36x | 18.01x | 31.83x |
| CRH plc (CRH)vs › | $57.41B | 6.57x | 7.45x | 9.95x | 8.88x |
| Vale S.A. (VALE)vs › | $60.47B | 7.12x | 8.31x | 10.42x | 10.10x |
| Air Products and Chemicals, Inc. (APD)vs › | $62.99B | -4.10x | 17.23x | 17.20x | 17.49x |
| Wheaton Precious Metals Corp. (WPM)vs › | $67.07B | 276.45x | 194.16x | 143.86x | 122.90x |
| Nutrien Ltd. (NTR)vs › | $36.73B | 5.31x | 4.89x | 8.75x | 7.80x |
| Barrick Mining Corporation (B)vs › | $71.39B | 22.63x | 16.58x | 12.59x | 12.71x |
| Steel Dynamics, Inc. (STLD)vs › | $33.33B | 21.07x | 27.77x | 38.09x | 39.41x |
Interest Coverage
14.6x
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 | 40.74x |
| 2026-03-31 | 32.08x |
| 2025-12-31 | 5.26x |
| 2025-09-30 | -5.87x |
| 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 |
