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 21.08x is 29% above its 5-year average of 16.32x, around the middle of its 5-year range (7.37x–29.66x).
As of the fiscal period ended Tuesday, June 30, 2026. 10.80% above its 12-month average of 19.03x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
21.08x
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
+10.80%
CURRENT VS 3Y AVG
+16.77%
CURRENT VS 5Y AVG
+29.22%
CURRENT VS 10Y AVG
+101.90%
CURRENT VS 15Y AVG
+69.78%
CURRENT VS 20Y AVG
+60.09%
SECTOR MEDIAN · BASIC MATERIALS
10.00x
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+110.84%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$90.03B
Interest Coverage Ratio
21.08x
TTM Avg
19.03x
3Y Avg
18.06x
5Y Avg
16.32x
Market Cap
$88.84B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$82.74B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$98.74B
Interest Coverage Ratio
34.40x
TTM Avg
24.66x
3Y Avg
14.77x
5Y Avg
12.75x
Market Cap
$78.14B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$65.67B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$64.22B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$61.54B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $90.03B | 21.08x | 19.03x | 18.06x | 16.32x |
| Johnson Controls International plc (JCI)vs › | $88.84B | 18.01x | 11.63x | 9.79x | 8.46x |
| The Sherwin-Williams Company (SHW)vs › | $82.74B | 8.11x | 8.41x | 8.15x | 8.08x |
| Newmont Corporation (NEM)vs › | $98.74B | 34.40x | 24.66x | 14.77x | 12.75x |
| Ecolab Inc. (ECL)vs › | $78.14B | 12.08x | 9.90x | 8.00x | 7.79x |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | -4.10x | 17.23x | 17.20x | 17.49x |
| Vale S.A. (VALE)vs › | $64.22B | 7.12x | 8.31x | 10.42x | 10.10x |
| CRH plc (CRH)vs › | $63.49B | 6.57x | 7.45x | 9.95x | 8.88x |
| Barrick Mining Corporation (B)vs › | $61.54B | 22.63x | 16.58x | 12.59x | 12.71x |
| Nucor Corporation (NUE)vs › | $58.60B | 15.64x | 14.36x | 25.51x | 31.83x |
Interest Coverage
21.1x
Debt/Equity
0.61
Current Ratio
2.29
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 |
