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 9.13x is 14% below its 5-year average of 10.62x, near the low end of its 5-year range (4.06x–83.20x).
18.02% above its 12-month average of 7.74x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): 11.78x.
INTEREST COVERAGE RATIO
9.13x
INTEREST COVERAGE RATIO AVG TTM
7.74x
INTEREST COVERAGE RATIO AVG 3Y
9.11x
INTEREST COVERAGE RATIO AVG 5Y
10.62x
INTEREST COVERAGE RATIO AVG 10Y
12.70x
INTEREST COVERAGE RATIO AVG 15Y
14.11x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.02%
CURRENT VS 3Y AVG
+0.25%
CURRENT VS 5Y AVG
-14.02%
CURRENT VS 10Y AVG
-28.12%
CURRENT VS 15Y AVG
-35.28%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+16.31%
vs the sector median at left
Emerson Electric Co.
Market Cap
$84.26B
Interest Coverage Ratio
9.13x
TTM Avg
7.74x
3Y Avg
9.11x
5Y Avg
10.62x
Market Cap
$84.29B
Interest Coverage Ratio
7.78x
TTM Avg
8.94x
3Y Avg
12.16x
5Y Avg
13.22x
Market Cap
$86.51B
Interest Coverage Ratio
5.05x
TTM Avg
6.00x
3Y Avg
7.19x
5Y Avg
7.13x
Market Cap
$80.05B
Interest Coverage Ratio
24.52x
TTM Avg
23.93x
3Y Avg
21.15x
5Y Avg
19.43x
Market Cap
$79.31B
Interest Coverage Ratio
1.35x
TTM Avg
0.86x
3Y Avg
0.86x
5Y Avg
0.86x
Market Cap
$79.18B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$89.60B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$76.55B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emerson Electric Co. (EMR) | $84.26B | 9.13x | 7.74x | 9.11x | 10.62x |
| United Parcel Service, Inc. (UPS)vs › | $84.29B | 7.78x | 8.94x | 12.16x | 13.22x |
| 3M Company (MMM)vs › | $84.79B | 6.34x | 5.25x | 5.76x | 8.68x |
| Waste Management, Inc. (WM)vs › | $86.51B | 5.05x | 6.00x | 7.19x | 7.13x |
| Cintas Corporation (CTAS)vs › | $80.05B | 24.52x | 23.93x | 21.15x | 19.43x |
| Bloom Energy Corporation (BE)vs › | $79.31B | 1.35x | 0.86x | 0.86x | 0.86x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $79.18B | 6.40x | 6.44x | 5.92x | 6.36x |
| CSX Corporation (CSX)vs › | $89.60B | 5.36x | 5.91x | 6.65x | 6.58x |
| Cummins Inc. (CMI)vs › | $76.55B | 11.75x | 10.95x | 10.33x | 14.73x |
| Illinois Tool Works Inc. (ITW)vs › | $75.95B | 14.44x | 14.75x | 15.84x | 15.76x |
Interest Coverage
9.1x
Debt/Equity
0.68
Current Ratio
0.90
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 | 11.78x |
| 2026-03-31 | 8.19x |
| 2025-12-31 | 7.45x |
| 2025-09-30 | 4.06x |
| 2025-06-30 | 7.21x |
| 2025-03-31 | 9.99x |
| 2024-12-31 | 15.04x |
| 2024-09-30 | 4.76x |
| 2024-06-30 | 14.21x |
| 2024-03-31 | 7.94x |
| 2023-12-31 | 4.35x |
| 2023-09-30 | 14.31x |
| 2023-06-30 | 83.20x |
| 2023-03-31 | 9.61x |
| 2022-12-31 | 6.94x |
| 2022-09-30 | 14.96x |
| 2022-06-30 | 9.82x |
| 2022-03-31 | 9.65x |
| 2021-12-31 | 12.74x |
| 2021-09-30 | 18.43x |
| 2021-06-30 | 20.95x |
| 2021-03-31 | 17.48x |
| 2020-12-31 | 15.40x |
| 2020-09-30 | 20.21x |
| 2020-06-30 | 12.06x |
| 2020-03-31 | 18.00x |
| 2019-12-31 | 13.76x |
| 2019-09-30 | 19.96x |
| 2019-06-30 | 16.60x |
| 2019-03-31 | 13.33x |
| 2018-12-31 | 13.06x |
| 2018-09-30 | 15.33x |
| 2018-06-30 | 17.08x |
| 2018-03-31 | 14.62x |
| 2017-12-31 | 11.49x |
| 2017-09-30 | 14.96x |
| 2017-06-30 | 14.41x |
| 2017-03-31 | 13.36x |
| 2016-12-31 | 10.02x |
| 2016-09-30 | 10.96x |
| 2016-06-30 | 13.57x |
| 2016-03-31 | 11.89x |
| 2015-12-31 | 9.68x |
| 2015-09-30 | 20.55x |
| 2015-06-30 | 17.76x |
| 2015-03-31 | 15.33x |
| 2014-12-31 | 15.30x |
| 2014-09-30 | 25.87x |
| 2014-06-30 | 21.66x |
| 2014-03-31 | 18.08x |
| 2013-12-31 | 11.84x |
| 2013-09-30 | 21.75x |
| 2013-06-30 | 19.39x |
| 2013-03-31 | 14.62x |
| 2012-12-31 | 12.72x |
| 2012-09-30 | 23.93x |
| 2012-06-30 | 21.21x |
| 2012-03-31 | 14.11x |
| 2011-12-31 | 10.00x |
| 2011-09-30 | 34.48x |
| 2011-06-30 | 18.61x |
| 2011-03-31 | 15.98x |
| 2010-12-31 | 13.11x |
| 2010-09-30 | 10.31x |
| 2010-06-30 | 11.44x |
| 2010-03-31 | 9.15x |
| 2009-12-31 | 10.79x |
| 2009-09-30 | 8.28x |
| 2009-06-30 | 9.51x |
| 2009-03-31 | 12.39x |
| 2008-12-31 | 16.84x |