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 17.05x is in line with its 5-year average of 16.32x, around the middle of its 5-year range (7.37x–29.66x).
10.40% below its 12-month average of 19.03x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 21.08x.
INTEREST COVERAGE RATIO
17.05x
INTEREST COVERAGE RATIO AVG TTM
19.03x
INTEREST COVERAGE RATIO AVG 3Y
18.06x
INTEREST COVERAGE RATIO AVG 5Y
16.32x
INTEREST COVERAGE RATIO AVG 10Y
10.44x
INTEREST COVERAGE RATIO AVG 15Y
12.42x
INTEREST COVERAGE RATIO AVG 20Y
13.17x
CURRENT VS TTM AVG
-10.40%
CURRENT VS 3Y AVG
-5.57%
CURRENT VS 5Y AVG
+4.49%
CURRENT VS 10Y AVG
+63.27%
CURRENT VS 15Y AVG
+37.30%
CURRENT VS 20Y AVG
+29.46%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+86.85%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$99.71B
Interest Coverage Ratio
17.05x
TTM Avg
19.03x
3Y Avg
18.06x
5Y Avg
16.32x
Market Cap
$83.77B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$78.46B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$77.28B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$71.54B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$130.86B
Interest Coverage Ratio
34.40x
TTM Avg
24.66x
3Y Avg
14.77x
5Y Avg
12.75x
Market Cap
$68.13B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$64.70B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$61.71B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $99.71B | 17.05x | 19.03x | 18.06x | 16.32x |
| Johnson Controls International plc (JCI)vs › | $83.77B | 18.01x | 11.63x | 9.79x | 8.46x |
| The Sherwin-Williams Company (SHW)vs › | $78.46B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $77.28B | 12.08x | 9.90x | 8.00x | 7.79x |
| Barrick Mining Corporation (B)vs › | $71.54B | 22.63x | 16.58x | 12.59x | 12.71x |
| Newmont Corporation (NEM)vs › | $130.86B | 34.40x | 24.66x | 14.77x | 12.75x |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.13B | 276.45x | 194.16x | 143.86x | 122.90x |
| Air Products and Chemicals, Inc. (APD)vs › | $64.70B | -4.10x | 17.23x | 17.20x | 17.49x |
| Vale S.A. (VALE)vs › | $61.71B | 7.12x | 8.31x | 10.42x | 10.10x |
| Nucor Corporation (NUE)vs › | $58.94B | 15.64x | 14.36x | 18.01x | 31.83x |
Interest Coverage
17.1x
Debt/Equity
0.52
Current Ratio
2.07
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 | 21.08x |
| 2026-03-31 | 18.75x |
| 2025-12-31 | 7.37x |
| 2025-09-30 | 18.28x |
| 2025-06-30 | 29.66x |
| 2025-03-31 | 15.59x |
| 2024-12-31 | 19.39x |
| 2024-09-30 | 25.65x |
| 2024-06-30 | 20.59x |
| 2024-03-31 | 17.21x |
| 2023-12-31 | 16.69x |
| 2023-09-30 | 16.01x |
| 2023-06-30 | 9.38x |
| 2023-03-31 | 8.75x |
| 2022-12-31 | 8.84x |
| 2022-09-30 | 9.38x |
| 2022-06-30 | 15.88x |
| 2022-03-31 | 20.57x |
| 2021-12-31 | 12.05x |
| 2021-09-30 | 18.17x |
| 2021-06-30 | 13.37x |
| 2021-03-31 | 9.57x |
| 2020-12-31 | 4.08x |
| 2020-09-30 | 6.65x |
| 2020-06-30 | 3.04x |
| 2020-03-31 | -1.77x |
| 2019-12-31 | 1.99x |
| 2019-09-30 | 0.27x |
| 2019-06-30 | 1.19x |
| 2019-03-31 | 1.13x |
| 2018-12-31 | 0.61x |
| 2018-09-30 | 9.60x |
| 2018-06-30 | 11.67x |
| 2018-03-31 | 10.34x |
| 2017-12-31 | 7.36x |
| 2017-09-30 | 5.96x |
| 2017-06-30 | 3.98x |
| 2017-03-31 | 2.66x |
| 2016-12-31 | 4.01x |
| 2016-09-30 | 3.06x |
| 2016-06-30 | 0.09x |
| 2016-03-31 | -20.27x |
| 2015-12-31 | -21.93x |
| 2015-09-30 | -24.20x |
| 2015-06-30 | -15.93x |
| 2015-03-31 | -20.29x |
| 2014-12-31 | -22.44x |
| 2014-09-30 | 7.16x |
| 2014-06-30 | 7.03x |
| 2014-03-31 | 6.90x |
| 2013-12-31 | 9.88x |
| 2013-09-30 | 10.54x |
| 2013-06-30 | 4.84x |
| 2013-03-31 | 23.77x |
| 2012-12-31 | 35.74x |
| 2012-09-30 | 33.60x |
| 2012-06-30 | 30.49x |
| 2012-03-31 | 27.52x |
| 2011-12-31 | 20.92x |
| 2011-09-30 | 27.56x |
| 2011-06-30 | 37.26x |
| 2011-03-31 | 29.96x |
| 2010-12-31 | 33.66x |
| 2010-09-30 | 24.26x |
| 2010-06-30 | 11.67x |
| 2010-03-31 | 14.12x |
| 2009-12-31 | 16.59x |
| 2009-09-30 | 12.86x |
| 2009-06-30 | 9.54x |
| 2009-03-31 | 5.13x |
| 2008-06-30 | 14.66x |
| 2008-03-31 | 14.52x |
