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 8.19x is 43% below its 5-year average of 14.35x, near the low end of its 5-year range (4.06x–83.20x).
As of the fiscal period ended Tuesday, March 31, 2026. 11.01% above its 12-month average of 7.38x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
8.19x
INTEREST COVERAGE RATIO AVG TTM
7.38x
INTEREST COVERAGE RATIO AVG 3Y
8.93x
INTEREST COVERAGE RATIO AVG 5Y
10.90x
INTEREST COVERAGE RATIO AVG 10Y
12.70x
INTEREST COVERAGE RATIO AVG 15Y
14.18x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.01%
CURRENT VS 3Y AVG
-8.24%
CURRENT VS 5Y AVG
-24.88%
CURRENT VS 10Y AVG
-35.52%
CURRENT VS 15Y AVG
-42.23%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
+1.94%
vs the sector median at left
Emerson Electric Co.
Market Cap
$82.86B
Interest Coverage Ratio
8.19x
TTM Avg
7.38x
3Y Avg
8.93x
5Y Avg
10.90x
Market Cap
$82.39B
Interest Coverage Ratio
24.52x
TTM Avg
23.93x
3Y Avg
21.15x
5Y Avg
19.43x
Market Cap
$81.99B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$81.42B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$85.70B
Interest Coverage Ratio
7.78x
TTM Avg
8.94x
3Y Avg
12.16x
5Y Avg
13.22x
Market Cap
$78.76B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$78.54B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$87.47B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$77.06B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emerson Electric Co. (EMR) | $82.86B | 8.19x | 7.38x | 8.93x | 10.90x |
| Cintas Corporation (CTAS)vs › | $82.39B | 24.52x | 23.93x | 21.15x | 19.43x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $81.99B | 6.40x | 6.44x | 5.92x | 6.36x |
| Illinois Tool Works Inc. (ITW)vs › | $81.42B | 14.44x | 14.75x | 15.84x | 15.76x |
| United Parcel Service, Inc. (UPS)vs › | $85.70B | 7.78x | 8.94x | 12.16x | 13.22x |
| Norfolk Southern Corporation (NSC)vs › | $78.76B | 5.06x | 4.86x | 5.11x | 5.44x |
| Canadian National Railway Company (CNI)vs › | $78.54B | 7.21x | 7.11x | 8.96x | 8.95x |
| Johnson Controls International plc (JCI)vs › | $87.47B | 18.01x | 11.63x | 9.79x | 8.46x |
| Honeywell International Inc. (HON)vs › | $77.06B | 4.89x | 5.63x | 8.73x | 11.48x |
| Northrop Grumman Corporation (NOC)vs › | $77.03B | 6.44x | 6.74x | 6.32x | 7.04x |
Interest Coverage
8.2x
Debt/Equity
0.68
Current Ratio
0.88
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 |
|---|---|
| 2026-03-31 | 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 |
