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 8.57x is 32% above its 5-year average of 6.49x, near the high end of its 5-year range (-2.86x–12.94x).
10.12% below its 12-month average of 9.54x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 12.94x.
INTEREST COVERAGE RATIO
8.57x
INTEREST COVERAGE RATIO AVG TTM
9.54x
INTEREST COVERAGE RATIO AVG 3Y
8.64x
INTEREST COVERAGE RATIO AVG 5Y
6.49x
INTEREST COVERAGE RATIO AVG 10Y
9.09x
INTEREST COVERAGE RATIO AVG 15Y
8.10x
INTEREST COVERAGE RATIO AVG 20Y
7.05x
CURRENT VS TTM AVG
-10.12%
CURRENT VS 3Y AVG
-0.79%
CURRENT VS 5Y AVG
+31.99%
CURRENT VS 10Y AVG
-5.74%
CURRENT VS 15Y AVG
+5.80%
CURRENT VS 20Y AVG
+21.60%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+9.17%
vs the sector median at left
Delta Air Lines, Inc.
Market Cap
$52.55B
Interest Coverage Ratio
8.57x
TTM Avg
9.54x
3Y Avg
8.64x
5Y Avg
6.49x
Market Cap
$50.16B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
Market Cap
$55.44B
Interest Coverage Ratio
23.82x
TTM Avg
19.79x
3Y Avg
19.62x
5Y Avg
17.78x
Market Cap
$56.59B
Interest Coverage Ratio
267.05x
TTM Avg
236.95x
3Y Avg
179.28x
5Y Avg
160.05x
Market Cap
$47.84B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$47.67B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
Market Cap
$47.37B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$45.72B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$59.51B
Interest Coverage Ratio
145.70x
TTM Avg
129.21x
3Y Avg
79.42x
5Y Avg
62.41x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Delta Air Lines, Inc. (DAL) | $52.55B | 8.57x | 9.54x | 8.64x | 6.49x |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | 3.98x | 3.98x | 3.98x | 3.98x |
| AMETEK, Inc. (AME)vs › | $55.44B | 23.82x | 19.79x | 19.62x | 17.78x |
| Fastenal Company (FAST)vs › | $56.59B | 267.05x | 236.95x | 179.28x | 160.05x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 8.31x | 8.16x | 6.89x | 6.04x |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 9.12x | 8.74x | 10.37x | 10.03x |
| Carrier Global Corporation (CARR)vs › | $47.37B | 5.53x | 4.58x | 5.55x | 6.80x |
| L3Harris Technologies, Inc. (LHX)vs › | $45.72B | 3.60x | 3.29x | 3.30x | 4.95x |
| Comfort Systems USA, Inc. (FIX)vs › | $59.51B | 145.70x | 129.21x | 79.42x | 62.41x |
| HEICO Corporation (HEI-A)vs › | $45.31B | 7.85x | 6.72x | 24.68x | 30.27x |
Interest Coverage
8.6x
Debt/Equity
0.92
Current Ratio
0.42
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 | 12.94x |
| 2026-03-31 | 3.32x |
| 2025-12-31 | 9.34x |
| 2025-09-30 | 9.85x |
| 2025-06-30 | 12.22x |
| 2025-03-31 | 3.18x |
| 2024-12-31 | 9.54x |
| 2024-09-30 | 8.08x |
| 2024-06-30 | 12.06x |
| 2024-03-31 | 3.00x |
| 2023-12-31 | 6.39x |
| 2023-09-30 | 10.12x |
| 2023-06-30 | 12.27x |
| 2023-03-31 | -1.22x |
| 2022-12-31 | 6.18x |
| 2022-09-30 | 5.87x |
| 2022-06-30 | 5.65x |
| 2022-03-31 | -2.86x |
| 2021-12-31 | 0.99x |
| 2021-09-30 | 7.02x |
| 2021-06-30 | 2.41x |
| 2021-03-31 | -3.87x |
| 2020-12-31 | -2.35x |
| 2020-09-30 | -21.95x |
| 2020-06-30 | -24.82x |
| 2020-03-31 | -5.19x |
| 2019-12-31 | 19.16x |
| 2019-09-30 | 29.59x |
| 2019-06-30 | 28.37x |
| 2019-03-31 | 12.29x |
| 2018-12-31 | 29.81x |
| 2018-09-30 | 22.53x |
| 2018-06-30 | 21.32x |
| 2018-03-31 | 9.17x |
| 2017-12-31 | 12.06x |
| 2017-09-30 | 18.23x |
| 2017-06-30 | 19.24x |
| 2017-03-31 | 10.63x |
| 2016-12-31 | 10.97x |
| 2016-09-30 | 20.73x |
| 2016-06-30 | 26.05x |
| 2016-03-31 | 14.39x |
| 2015-12-31 | 16.83x |
| 2015-09-30 | 18.29x |
| 2015-06-30 | 19.48x |
| 2015-03-31 | 10.67x |
| 2014-12-31 | -6.04x |
| 2014-09-30 | 5.42x |
| 2014-06-30 | 9.13x |
| 2014-03-31 | 3.33x |
| 2013-12-31 | 3.40x |
| 2013-09-30 | 7.34x |
| 2013-06-30 | 4.29x |
| 2013-03-31 | 1.01x |
| 2012-12-31 | 1.24x |
| 2012-09-30 | 5.38x |
| 2012-06-30 | 0.52x |
| 2012-03-31 | 1.40x |
| 2011-12-31 | 3.73x |
| 2011-09-30 | 3.77x |
| 2011-06-30 | 2.68x |
| 2011-03-31 | -0.38x |
| 2010-12-31 | 9.14x |
| 2010-09-30 | 4.86x |
| 2010-06-30 | 3.66x |
| 2010-03-31 | 0.50x |
| 2009-12-31 | 2.89x |
| 2009-09-30 | 1.53x |
| 2009-06-30 | 0.18x |
| 2009-03-31 | 1.59x |
| 2008-12-31 | 2.43x |
| 2008-09-30 | 4.66x |
| 2008-06-30 | 4.91x |
| 2008-03-31 | 2.16x |
| 2007-09-30 | 7.04x |
| 2007-06-30 | 5.31x |
| 2007-03-31 | 3.38x |
