Interest Coverage Ratio: 126.00x
Is the interest coverage ratio high or low?
The interest coverage ratio of 126.00x is 518% above its 5-year average of 20.39x, near the high end of its 5-year range (3.13x–126.00x).
As of Thursday, June 25, 2026. 130.56% above its 12-month average of 54.65x.
DRS Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
DRS Average Interest Coverage Ratio Chart
DRS Current vs Average Interest Coverage Ratio Chart
DRS Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
126.00x
INTEREST COVERAGE RATIO AVG TTM
54.65x
INTEREST COVERAGE RATIO AVG 3Y
18.04x
INTEREST COVERAGE RATIO AVG 5Y
12.79x
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
+130.56%
CURRENT VS 3Y AVG
+598.40%
CURRENT VS 5Y AVG
+884.84%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
DRS Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leonardo DRS, Inc. (DRS) | $11.94B | 126.00x | 54.65x | 18.04x | 12.79x |
| Allegion plc (ALLE)vs › | $11.77B | 8.51x | 8.08x | 7.88x | 8.33x |
| Pentair plc (PNR)vs › | $12.28B | 12.36x | 10.71x | 9.33x | 17.93x |
| Powell Industries, Inc. (POWL)vs › | $11.39B | N/A | 47.61x | 48.35x | 62.70x |
| CNH Industrial N.V. (CNH)vs › | $12.78B | 1.80x | 2.10x | 3.45x | 3.77x |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.02B | 5.79x | 5.71x | 6.29x | 6.28x |
| Crane Company (CR)vs › | $12.91B | 37.54x | 25.31x | 15.54x | 11.94x |
| Advanced Energy Industries, Inc. (AEIS)vs › | $14.27B | 11.69x | 6.57x | 12.96x | 18.85x |
| Stanley Black & Decker, Inc. (SWK)vs › | $14.35B | 2.48x | 2.48x | 2.27x | 4.13x |
| Builders FirstSource, Inc. (BLDR)vs › | $9.47B | 2.87x | 5.28x | 10.98x | 11.08x |
Financial Health Indicators
Interest Coverage
126.0x
Debt/Equity
0.17
Current Ratio
1.89
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Leonardo DRS, Inc. (DRS)?
- The interest coverage ratio for DRS stock is 126.00x.
- Is Leonardo DRS, Inc.'s interest coverage ratio high or low?
- The interest coverage ratio of 126.00x is 518% above its 5-year average of 20.39x, near the high end of its 5-year range (3.13x–126.00x).
- What is the TTM average interest coverage ratio for Leonardo DRS, Inc. (DRS)?
- The TTM average interest coverage ratio for DRS stock is 54.65x.
- What is the 3Y average interest coverage ratio for Leonardo DRS, Inc. (DRS)?
- The 3Y average interest coverage ratio for DRS stock is 18.04x.
- What is the 5Y average interest coverage ratio for Leonardo DRS, Inc. (DRS)?
- The 5Y average interest coverage ratio for DRS stock is 12.79x.
DRS Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2025-12-31 | 126.00x |
| 2025-09-30 | 23.25x |
| 2025-06-30 | 35.00x |
| 2025-03-31 | 59.00x |
| 2024-12-31 | 30.00x |
| 2024-09-30 | 15.00x |
| 2024-06-30 | 7.86x |
| 2024-03-31 | 8.60x |
| 2023-12-31 | 11.67x |
| 2023-09-30 | 5.90x |
| 2023-06-30 | 4.67x |
| 2023-03-31 | 3.13x |
| 2022-12-31 | 12.43x |
| 2022-09-30 | 41.78x |
| 2022-06-30 | 4.20x |
| 2022-03-31 | 7.00x |
| 2021-12-31 | 10.13x |
| 2021-09-30 | 5.89x |
| 2021-06-30 | 5.67x |
| 2021-03-31 | 5.67x |
| 2020-12-31 | 5.27x |
| 2020-09-30 | 2.18x |
| 2020-06-30 | 1.76x |
| 2020-03-31 | 2.33x |
| 2019-09-30 | 2.55x |
| 2019-06-30 | 2.72x |
| 2019-03-31 | 2.91x |
| 2018-09-30 | 0.78x |
| 2018-06-30 | 0.78x |
| 2018-03-31 | 0.78x |
About Leonardo DRS, Inc.
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- John A. Baylouny