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. Q4 FY2023 (2023-12-31): 1254.08x.
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
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+15875.48%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$25.32B
Interest Coverage Ratio
1254.08x
TTM Avg
508.24x
3Y Avg
1827.99x
5Y Avg
1827.99x
Market Cap
$25.47B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$25.10B
Interest Coverage Ratio
42.17x
TTM Avg
32.55x
3Y Avg
22.71x
5Y Avg
17.22x
Market Cap
$25.83B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$26.72B
Interest Coverage Ratio
10.88x
TTM Avg
10.88x
3Y Avg
13.22x
5Y Avg
13.72x
Market Cap
$23.71B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
Market Cap
$23.48B
Interest Coverage Ratio
13.30x
TTM Avg
12.00x
3Y Avg
20.66x
5Y Avg
20.66x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $25.32B | 1254.08x | 508.24x | 1827.99x | 1827.99x |
| Dover Corporation (DOV)vs › | $25.47B | 12.51x | 10.86x | 10.50x | 10.39x |
| Xylem Inc. (XYL)vs › | $25.10B | 42.17x | 32.55x | 22.71x | 17.22x |
| ATI Inc. (ATI)vs › | $25.68B | 5.73x | 5.32x | 4.62x | 3.94x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.83B | 12.19x | 11.36x | 15.94x | 16.89x |
| Symbotic Inc. (SYM)vs › | $26.69B | N/A | N/A | N/A | N/A |
| Otis Worldwide Corporation (OTIS)vs › | $26.72B | 10.88x | 10.88x | 13.22x | 13.72x |
| nVent Electric plc (NVT)vs › | $23.71B | 8.22x | 6.60x | 7.23x | 6.83x |
| Veralto Corporation (VLTO)vs › | $23.48B | 13.30x | 12.00x | 20.66x | 20.66x |
| Hubbell Incorporated (HUBB)vs › | $23.37B | 18.99x | 16.89x | 19.09x | 15.72x |
Interest Coverage
1254.1x
Debt/Equity
0.27
Current Ratio
1.57
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 |
