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 12.08x is 63% above its 5-year average of 7.42x, near the low end of its 5-year range (4.96x–275.07x).
25.92% above its 12-month average of 9.59x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.08x
INTEREST COVERAGE RATIO AVG TTM
9.59x
INTEREST COVERAGE RATIO AVG 3Y
8.20x
INTEREST COVERAGE RATIO AVG 5Y
7.42x
INTEREST COVERAGE RATIO AVG 10Y
7.48x
INTEREST COVERAGE RATIO AVG 15Y
7.04x
INTEREST COVERAGE RATIO AVG 20Y
8.18x
CURRENT VS TTM AVG
+25.92%
CURRENT VS 3Y AVG
+47.36%
CURRENT VS 5Y AVG
+62.81%
CURRENT VS 10Y AVG
+61.60%
CURRENT VS 15Y AVG
+71.64%
CURRENT VS 20Y AVG
+47.72%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+32.38%
vs the sector median at left
Ecolab Inc.
Market Cap
$77.28B
Interest Coverage Ratio
12.08x
TTM Avg
9.59x
3Y Avg
8.20x
5Y Avg
7.42x
Market Cap
$78.51B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$74.82B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$71.97B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$87.92B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$65.87B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$66.02B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$59.49B
Interest Coverage Ratio
15.64x
TTM Avg
14.36x
3Y Avg
18.01x
5Y Avg
31.83x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ecolab Inc. (ECL) | $77.28B | 12.08x | 9.59x | 8.20x | 7.42x |
| The Sherwin-Williams Company (SHW)vs › | $78.51B | 8.11x | 8.41x | 8.15x | 8.08x |
| Barrick Mining Corporation (B)vs › | $74.82B | 22.63x | 16.58x | 12.59x | 12.71x |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.97B | 276.45x | 194.16x | 143.86x | 122.90x |
| Johnson Controls International plc (JCI)vs › | $87.92B | 18.01x | 11.63x | 9.79x | 8.46x |
| Vale S.A. (VALE)vs › | $65.87B | 7.12x | 8.31x | 10.42x | 10.10x |
| Air Products and Chemicals, Inc. (APD)vs › | $66.02B | -4.10x | 17.23x | 17.20x | 17.49x |
| CRH plc (CRH)vs › | $60.87B | 6.57x | 7.45x | 9.95x | 8.88x |
| Nucor Corporation (NUE)vs › | $59.49B | 15.64x | 14.36x | 18.01x | 31.83x |
| Corteva, Inc. (CTVA)vs › | $57.06B | 14.55x | 11.78x | 14.25x | 19.94x |
Interest Coverage
12.1x
Debt/Equity
1.37
Current Ratio
1.84
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 | 10.37x |
| 2026-03-31 | 8.56x |
| 2025-12-31 | 9.48x |
| 2025-09-30 | 10.25x |
| 2025-06-30 | 9.32x |
| 2025-03-31 | 8.14x |
| 2024-12-31 | 8.72x |
| 2024-09-30 | 8.23x |
| 2024-06-30 | 8.43x |
| 2024-03-31 | 5.81x |
| 2023-12-31 | 6.39x |
| 2023-09-30 | 6.73x |
| 2023-06-30 | 6.15x |
| 2023-03-31 | 4.96x |
| 2022-12-31 | 7.23x |
| 2022-09-30 | 5.54x |
| 2022-06-30 | 5.91x |
| 2022-03-31 | 5.20x |
| 2021-12-31 | 275.07x |
| 2021-09-30 | 5.29x |
| 2021-06-30 | 7.70x |
| 2021-03-31 | 5.38x |
| 2020-12-31 | 6.95x |
| 2020-09-30 | 9.41x |
| 2020-06-30 | 4.29x |
| 2020-03-31 | 6.07x |
| 2019-12-31 | 7.62x |
| 2019-09-30 | 12.31x |
| 2019-06-30 | 7.44x |
| 2019-03-31 | 6.50x |
| 2018-12-31 | 7.91x |
| 2018-09-30 | 7.43x |
| 2018-06-30 | 5.56x |
| 2018-03-31 | 6.49x |
| 2017-12-31 | 9.50x |
| 2017-09-30 | 10.58x |
| 2017-06-30 | 9.13x |
| 2017-03-31 | 5.67x |
| 2016-12-31 | 7.53x |
| 2016-09-30 | 8.54x |
| 2016-06-30 | 6.32x |
| 2016-03-31 | 5.62x |
| 2015-12-31 | 5.18x |
| 2015-09-30 | 6.70x |
| 2015-06-30 | 7.15x |
| 2015-03-31 | 6.20x |
| 2014-12-31 | 8.40x |
| 2014-09-30 | 9.03x |
| 2014-06-30 | 7.74x |
| 2014-03-31 | 5.39x |
| 2013-12-31 | 6.96x |
| 2013-09-30 | 7.10x |
| 2013-06-30 | 5.32x |
| 2013-03-31 | 4.26x |
| 2012-12-31 | 6.33x |
| 2012-09-30 | 6.25x |
| 2012-06-30 | 5.11x |
| 2012-03-31 | 1.93x |
| 2011-12-31 | 4.51x |
| 2011-09-30 | 15.07x |
| 2011-06-30 | 13.40x |
| 2011-03-31 | 10.11x |
| 2010-12-31 | 12.05x |
| 2010-09-30 | 16.45x |
| 2010-06-30 | 13.62x |
| 2010-03-31 | 10.25x |
| 2009-12-31 | 11.94x |
| 2009-09-30 | 14.77x |
| 2009-06-30 | 10.86x |
| 2009-03-31 | 5.48x |
| 2008-12-31 | 2.97x |
| 2008-09-30 | 7.26x |
| 2008-06-30 | 11.83x |
| 2008-03-31 | 9.61x |
| 2007-12-31 | 34.86x |
| 2007-09-30 | 4.23x |
| 2007-06-30 | 12.91x |
| 2007-03-31 | 12.68x |
| 2006-12-31 | 12.29x |
| 2006-09-30 | 16.17x |
| 2006-06-30 | 13.90x |
| 2006-03-31 | 12.73x |
| 2005-12-31 | 10.51x |
| 2005-09-30 | 14.88x |
| 2005-06-30 | 12.01x |
| 2005-03-31 | 11.29x |
| 2004-12-31 | 11.24x |
| 2004-09-30 | 12.31x |
| 2004-06-30 | 12.39x |
| 2004-03-31 | 7.75x |
| 2003-12-31 | 11.27x |
| 2003-09-30 | 60.66x |
| 2003-06-30 | 10.46x |
| 2003-03-31 | 9.66x |
| 2002-12-31 | 4.40x |
| 2002-09-30 | 9.99x |
