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 7.29x is 13% below its 5-year average of 8.36x, near the low end of its 5-year range (3.75x–17.16x).
As of the fiscal period ended Tuesday, June 30, 2026. 16.03% above its 12-month average of 6.28x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
7.29x
INTEREST COVERAGE RATIO AVG TTM
6.28x
INTEREST COVERAGE RATIO AVG 3Y
6.43x
INTEREST COVERAGE RATIO AVG 5Y
7.92x
INTEREST COVERAGE RATIO AVG 10Y
7.06x
INTEREST COVERAGE RATIO AVG 15Y
6.84x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+16.03%
CURRENT VS 3Y AVG
+13.23%
CURRENT VS 5Y AVG
-8.03%
CURRENT VS 10Y AVG
+3.18%
CURRENT VS 15Y AVG
+6.45%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+7.62%
vs the sector median at left
Quest Diagnostics Incorporated
Market Cap
$26.18B
Interest Coverage Ratio
7.29x
TTM Avg
6.28x
3Y Avg
6.43x
5Y Avg
7.92x
Market Cap
$26.19B
Interest Coverage Ratio
6.77x
TTM Avg
5.99x
3Y Avg
5.91x
5Y Avg
8.30x
Market Cap
$25.07B
Interest Coverage Ratio
1029.00x
TTM Avg
617.01x
3Y Avg
353.82x
5Y Avg
258.97x
Market Cap
$24.80B
Interest Coverage Ratio
553.04x
TTM Avg
298.73x
3Y Avg
269.07x
5Y Avg
276.66x
Market Cap
$28.48B
Interest Coverage Ratio
2.72x
TTM Avg
2.21x
3Y Avg
1.60x
5Y Avg
1.60x
Market Cap
$23.70B
Interest Coverage Ratio
-307.40x
TTM Avg
531.75x
3Y Avg
531.75x
5Y Avg
531.75x
Market Cap
$23.50B
Interest Coverage Ratio
-45.74x
TTM Avg
444.02x
3Y Avg
1201.03x
5Y Avg
1201.03x
Market Cap
$29.04B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
Market Cap
$29.25B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quest Diagnostics Incorporated (DGX) | $26.18B | 7.29x | 6.28x | 6.43x | 7.92x |
| Labcorp Holdings Inc. (LH)vs › | $26.19B | 6.77x | 5.99x | 5.91x | 8.30x |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.07B | 1029.00x | 617.01x | 353.82x | 258.97x |
| Incyte Corporation (INCY)vs › | $24.80B | 553.04x | 298.73x | 269.07x | 276.66x |
| Medline Inc. (MDLN)vs › | $28.48B | 2.72x | 2.21x | 1.60x | 1.60x |
| Moderna, Inc. (MRNA)vs › | $23.70B | -307.40x | 531.75x | 531.75x | 531.75x |
| BioNTech SE (BNTX)vs › | $23.50B | -45.74x | 444.02x | 1201.03x | 1201.03x |
| Mettler-Toledo International Inc. (MTD)vs › | $29.04B | 16.32x | 15.71x | 16.43x | 18.17x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.25B | 1.99x | 1.99x | 1.99x | 1.99x |
| STERIS plc (STE)vs › | $23.02B | 18.15x | 14.10x | 10.28x | 10.20x |
Interest Coverage
7.3x
Debt/Equity
0.85
Current Ratio
1.59
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 | 7.29x |
| 2026-03-31 | 6.33x |
| 2025-12-31 | 5.84x |
| 2025-09-30 | 5.59x |
| 2025-06-30 | 6.35x |
| 2025-03-31 | 4.81x |
| 2024-12-31 | 5.01x |
| 2024-09-30 | 5.69x |
| 2024-06-30 | 7.55x |
| 2024-03-31 | 6.12x |
| 2023-12-31 | 5.80x |
| 2023-09-30 | 8.34x |
| 2023-06-30 | 8.92x |
| 2023-03-31 | 8.24x |
| 2022-12-31 | 3.75x |
| 2022-09-30 | 10.59x |
| 2022-06-30 | 10.21x |
| 2022-03-31 | 13.86x |
| 2021-12-31 | 14.11x |
| 2021-09-30 | 17.16x |
| 2021-06-30 | 14.03x |
| 2021-03-31 | 17.37x |
| 2020-12-31 | 19.88x |
| 2020-09-30 | 17.10x |
| 2020-06-30 | 6.74x |
| 2020-03-31 | 4.17x |
| 2019-12-31 | 8.25x |
| 2019-09-30 | 6.96x |
| 2019-06-30 | 6.67x |
| 2019-03-31 | 5.51x |
| 2018-12-31 | 5.12x |
| 2018-09-30 | 7.24x |
| 2018-06-30 | 7.09x |
| 2018-03-31 | 6.63x |
| 2017-12-31 | 6.90x |
| 2017-09-30 | 7.64x |
| 2017-06-30 | 8.39x |
| 2017-03-31 | 7.54x |
| 2016-12-31 | 7.67x |
| 2016-09-30 | 8.70x |
| 2016-06-30 | 12.41x |
| 2016-03-31 | 7.14x |
| 2015-12-31 | 6.64x |
| 2015-09-30 | 18.03x |
| 2015-06-30 | 8.14x |
| 2015-03-31 | 5.07x |
| 2014-12-31 | 6.12x |
| 2014-09-30 | 6.24x |
| 2014-06-30 | 6.24x |
| 2014-03-31 | 5.33x |
| 2013-12-31 | 6.92x |
| 2013-09-30 | 17.24x |
| 2013-06-30 | 7.24x |
| 2013-03-31 | 5.69x |
| 2012-12-31 | 6.63x |
| 2012-09-30 | 7.41x |
| 2012-06-30 | 7.99x |
| 2012-03-31 | 7.08x |
| 2011-12-31 | 7.43x |
| 2011-09-30 | 7.31x |
| 2011-06-30 | 6.80x |
| 2011-03-31 | 6.97x |
| 2010-12-31 | 7.77x |
| 2010-09-30 | 9.23x |
| 2010-06-30 | 9.99x |
| 2010-03-31 | 8.29x |
| 2009-12-31 | 9.43x |
| 2009-09-30 | 10.55x |
| 2009-06-30 | 9.72x |
| 2009-03-31 | 8.06x |
| 2008-06-30 | 6.57x |