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 1254.08x is 31% below its 2-year average of 1827.99x, near the low end of its 2-year range (14.82x–8723.83x).
As of the fiscal period ended Sunday, December 31, 2023. 146.75% above its 12-month average of 508.24x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1254.08x
INTEREST COVERAGE RATIO AVG TTM
508.24x
INTEREST COVERAGE RATIO AVG 3Y
1827.99x
INTEREST COVERAGE RATIO AVG 5Y
1827.99x
INTEREST COVERAGE RATIO AVG 10Y
1827.99x
INTEREST COVERAGE RATIO AVG 15Y
776.70x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+146.75%
CURRENT VS 3Y AVG
-31.40%
CURRENT VS 5Y AVG
-31.40%
CURRENT VS 10Y AVG
-31.40%
CURRENT VS 15Y AVG
+61.46%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
+15947.03%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$21.96B
Interest Coverage Ratio
1254.08x
TTM Avg
508.24x
3Y Avg
1827.99x
5Y Avg
1827.99x
Market Cap
$22.00B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$21.23B
Interest Coverage Ratio
25.43x
TTM Avg
25.43x
3Y Avg
26.27x
5Y Avg
25.11x
Market Cap
$22.96B
Interest Coverage Ratio
13.30x
TTM Avg
12.00x
3Y Avg
20.66x
5Y Avg
20.66x
Market Cap
$20.79B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
Market Cap
$23.60B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$20.28B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$24.88B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
Market Cap
$24.97B
Interest Coverage Ratio
18.99x
TTM Avg
16.89x
3Y Avg
19.09x
5Y Avg
15.72x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $21.96B | 1254.08x | 508.24x | 1827.99x | 1827.99x |
| Southwest Airlines Co. (LUV)vs › | $22.00B | 3.79x | 2.65x | 2.41x | 2.72x |
| Snap-on Incorporated (SNA)vs › | $21.23B | 25.43x | 25.43x | 26.27x | 25.11x |
| Veralto Corporation (VLTO)vs › | $22.96B | 13.30x | 12.00x | 20.66x | 20.66x |
| MasTec, Inc. (MTZ)vs › | $20.79B | 3.77x | 3.01x | 1.95x | 3.12x |
| XPO Logistics, Inc. (XPO)vs › | $23.60B | 3.33x | 3.15x | 2.92x | 2.25x |
| Equifax Inc. (EFX)vs › | $20.28B | 5.16x | 4.86x | 4.84x | 5.33x |
| nVent Electric plc (NVT)vs › | $24.88B | 8.22x | 6.60x | 7.23x | 6.83x |
| Hubbell Incorporated (HUBB)vs › | $24.97B | 18.99x | 16.89x | 19.09x | 15.72x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.52B | 12.19x | 11.36x | 15.94x | 16.89x |
Interest Coverage
1254.1x
Debt/Equity
0.24
Current Ratio
1.81
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 |
|---|---|
| 2023-12-31 | 1254.08x |
| 2023-09-30 | 134.96x |
| 2023-06-30 | 629.11x |
| 2022-12-31 | 14.82x |
| 2022-09-30 | 1121.11x |
| 2022-06-30 | 8723.83x |
| 2022-03-31 | 918.01x |
| 2012-12-31 | 563.99x |
| 2011-12-31 | 625.26x |
| 2011-09-30 | 586.95x |
| 2011-06-30 | 664.96x |
| 2011-03-31 | 687.99x |
| 2010-12-31 | 750.36x |
| 2010-09-30 | 1140.15x |
| 2010-06-30 | 917.19x |
| 2010-03-31 | 1155.64x |
| 2009-12-31 | 1161.62x |
| 2009-09-30 | 296.14x |
| 2009-06-30 | 1358.23x |
| 2009-03-31 | 6098.27x |
| 2008-12-31 | 8514.64x |
| 2008-09-30 | 5886.78x |
| 2008-06-30 | 1506.28x |
| 2008-03-31 | 1486.82x |
| 2007-09-30 | 5432.77x |
| 2007-06-30 | 862.19x |
