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 2.65x is 43% below its 5-year average of 4.67x, near the low end of its 5-year range (1.78x–11.76x).
15.34% below its 12-month average of 3.13x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-08-02): 3.65x.
INTEREST COVERAGE RATIO
2.65x
INTEREST COVERAGE RATIO AVG TTM
3.13x
INTEREST COVERAGE RATIO AVG 3Y
3.26x
INTEREST COVERAGE RATIO AVG 5Y
4.67x
INTEREST COVERAGE RATIO AVG 10Y
4.20x
INTEREST COVERAGE RATIO AVG 15Y
4.79x
INTEREST COVERAGE RATIO AVG 20Y
4.57x
CURRENT VS TTM AVG
-15.34%
CURRENT VS 3Y AVG
-18.77%
CURRENT VS 5Y AVG
-43.27%
CURRENT VS 10Y AVG
-36.85%
CURRENT VS 15Y AVG
-44.66%
CURRENT VS 20Y AVG
-42.03%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-66.24%
vs the sector median at left
Deere & Company
Market Cap
$182.41B
Interest Coverage Ratio
2.65x
TTM Avg
3.13x
3Y Avg
3.26x
5Y Avg
4.67x
Market Cap
$189.92B
Interest Coverage Ratio
12.65x
TTM Avg
13.00x
3Y Avg
18.46x
5Y Avg
20.74x
Market Cap
$174.60B
Interest Coverage Ratio
70.31x
TTM Avg
60.77x
3Y Avg
41.23x
5Y Avg
35.03x
Market Cap
$168.96B
Interest Coverage Ratio
7.52x
TTM Avg
7.58x
3Y Avg
7.44x
5Y Avg
7.45x
Market Cap
$166.33B
Interest Coverage Ratio
-1.95x
TTM Avg
26.98x
3Y Avg
25.59x
5Y Avg
23.64x
Market Cap
$165.17B
Interest Coverage Ratio
19.81x
TTM Avg
26.80x
3Y Avg
27.41x
5Y Avg
23.34x
Market Cap
$163.75B
Interest Coverage Ratio
8.56x
TTM Avg
8.29x
3Y Avg
6.07x
5Y Avg
5.27x
Market Cap
$158.52B
Interest Coverage Ratio
35.12x
TTM Avg
33.81x
3Y Avg
27.07x
5Y Avg
20.93x
Market Cap
$141.68B
Interest Coverage Ratio
6.86x
TTM Avg
6.63x
3Y Avg
6.63x
5Y Avg
6.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Deere & Company (DE) | $182.41B | 2.65x | 3.13x | 3.26x | 4.67x |
| Schneider Electric S.E. (SBGSY)vs › | $189.92B | 12.65x | 13.00x | 18.46x | 20.74x |
| ABB Ltd (ABBNY)vs › | $174.60B | 70.31x | 60.77x | 41.23x | 35.03x |
| Union Pacific Corporation (UNP)vs › | $168.96B | 7.52x | 7.58x | 7.44x | 7.45x |
| The Boeing Company (BA)vs › | $166.33B | -1.95x | 26.98x | 25.59x | 23.64x |
| Eaton Corporation plc (ETN)vs › | $165.17B | 19.81x | 26.80x | 27.41x | 23.34x |
| Rolls-Royce Holdings plc (RYCEY)vs › | $163.75B | 8.56x | 8.29x | 6.07x | 5.27x |
| Safran S.A. (SAFRY)vs › | $158.52B | 35.12x | 33.81x | 27.07x | 20.93x |
| Siemens Energy AG (SMEGF)vs › | $141.68B | 6.86x | 6.63x | 6.63x | 6.63x |
| Siemens AG (SIEGY)vs › | $235.92B | 5.54x | 5.42x | 7.07x | 7.27x |
Interest Coverage
2.6x
Debt/Equity
2.29
Current Ratio
0.77
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 |
|---|---|
| 2026-08-02 | 3.65x |
| 2026-05-03 | 4.22x |
| 2026-02-01 | 2.16x |
| 2025-11-02 | 2.49x |
| 2025-07-27 | 2.72x |
| 2025-04-27 | 3.68x |
| 2025-01-26 | 1.78x |
| 2024-10-27 | 2.46x |
| 2024-07-28 | 3.44x |
| 2024-04-28 | 4.44x |
| 2024-01-28 | 3.34x |
| 2023-10-29 | 4.76x |
| 2023-07-30 | 6.36x |
| 2023-04-30 | 7.36x |
| 2023-01-29 | 5.67x |
| 2022-10-30 | 8.90x |
| 2022-07-31 | 8.71x |
| 2022-05-01 | 11.76x |
| 2022-01-30 | 4.99x |
| 2021-10-31 | 7.62x |
| 2021-08-01 | 8.63x |
| 2021-05-02 | 8.69x |
| 2021-01-31 | 5.80x |
| 2020-10-31 | 4.28x |
| 2020-08-02 | 4.59x |
| 2020-05-03 | 3.19x |
| 2020-02-02 | 2.08x |
| 2019-10-31 | 2.52x |
| 2019-07-28 | 3.49x |
| 2019-04-28 | 4.54x |
| 2019-01-27 | 2.27x |
| 2018-10-31 | 3.32x |
| 2018-07-29 | 4.28x |
| 2018-04-29 | 4.83x |
| 2018-01-28 | 2.05x |
| 2017-10-31 | 3.28x |
| 2017-07-30 | 3.79x |
| 2017-04-30 | 4.56x |
| 2017-01-29 | 1.27x |
| 2016-10-31 | 2.14x |
| 2016-07-31 | 3.39x |
| 2016-04-30 | 4.02x |
| 2016-01-31 | 2.13x |
| 2015-10-31 | 2.77x |
| 2015-07-31 | 4.39x |
| 2015-04-30 | 5.96x |
| 2015-01-31 | 3.13x |
| 2014-10-31 | 5.57x |
| 2014-07-31 | 8.07x |
| 2014-04-30 | 8.88x |
| 2014-01-31 | 5.61x |
| 2013-10-31 | 6.27x |
| 2013-07-31 | 8.59x |
| 2013-04-30 | 9.42x |
| 2013-01-31 | 5.54x |
| 2012-10-31 | 5.53x |
| 2012-07-31 | 6.38x |
| 2012-04-30 | 8.55x |
| 2012-01-31 | 4.27x |
| 2011-10-31 | 5.72x |
| 2011-07-31 | 6.00x |
| 2011-04-30 | 7.38x |
| 2011-01-31 | 3.97x |
| 2010-10-31 | 4.05x |
| 2010-07-31 | 4.92x |
| 2010-04-30 | 5.06x |
| 2010-01-31 | 2.07x |
| 2009-10-31 | 0.25x |
| 2009-07-31 | 2.47x |
| 2009-04-30 | 2.83x |
| 2009-01-31 | 1.56x |
| 2008-07-31 | 3.64x |
| 2008-04-30 | 4.68x |
| 2008-01-31 | 2.32x |