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 17.17x is in line with its 5-year average of 15.83x, around the middle of its 5-year range (8.54x–32.36x).
As of the fiscal period ended Tuesday, June 30, 2026. 9.45% above its 12-month average of 15.69x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
17.17x
INTEREST COVERAGE RATIO AVG TTM
15.69x
INTEREST COVERAGE RATIO AVG 3Y
14.61x
INTEREST COVERAGE RATIO AVG 5Y
15.83x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.45%
CURRENT VS 3Y AVG
+17.52%
CURRENT VS 5Y AVG
+8.52%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.78x
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+120.73%
vs the sector median at left
Ferguson plc
Market Cap
$45.24B
Interest Coverage Ratio
17.17x
TTM Avg
15.69x
3Y Avg
14.61x
5Y Avg
15.83x
Market Cap
$44.99B
Interest Coverage Ratio
9.32x
TTM Avg
15.13x
3Y Avg
35.99x
5Y Avg
39.17x
Market Cap
$45.74B
Interest Coverage Ratio
10.87x
TTM Avg
11.70x
3Y Avg
11.02x
5Y Avg
10.15x
Market Cap
$46.95B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$42.63B
Interest Coverage Ratio
2.21x
TTM Avg
4.60x
3Y Avg
2.94x
5Y Avg
2.95x
Market Cap
$48.18B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
Market Cap
$48.34B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$48.50B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$41.76B
Interest Coverage Ratio
5.19x
TTM Avg
4.43x
3Y Avg
4.95x
5Y Avg
4.64x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferguson plc (FERG) | $45.24B | 17.17x | 15.69x | 14.61x | 15.83x |
| Paychex, Inc. (PAYX)vs › | $44.99B | 9.32x | 15.13x | 35.99x | 39.17x |
| Thomson Reuters Corporation (TRI)vs › | $45.74B | 10.87x | 11.70x | 11.02x | 10.15x |
| HEICO Corporation (HEI)vs › | $46.95B | 7.85x | 6.72x | 24.68x | 30.27x |
| Ferrovial SE (FER)vs › | $42.63B | 2.21x | 4.60x | 2.94x | 2.95x |
| Rockwell Automation, Inc. (ROK)vs › | $48.18B | 9.12x | 8.74x | 10.37x | 10.03x |
| HEICO Corporation (HEI-A)vs › | $48.34B | 7.85x | 6.72x | 24.68x | 30.27x |
| Carrier Global Corporation (CARR)vs › | $48.50B | 5.53x | 4.58x | 5.55x | 6.80x |
| Waste Connections, Inc. (WCN)vs › | $41.76B | 5.19x | 4.43x | 4.95x | 4.64x |
| L3Harris Technologies, Inc. (LHX)vs › | $48.78B | 3.60x | 3.29x | 3.30x | 4.95x |
Interest Coverage
17.2x
Debt/Equity
1.03
Current Ratio
1.73
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 | 17.17x |
| 2026-03-31 | 13.60x |
| 2025-12-31 | 12.42x |
| 2025-10-31 | 16.76x |
| 2025-07-31 | 18.50x |
| 2025-04-30 | 13.17x |
| 2025-01-31 | 8.54x |
| 2024-10-31 | 14.46x |
| 2024-07-31 | 17.26x |
| 2024-04-30 | 14.53x |
| 2024-01-31 | 10.84x |
| 2023-10-31 | 16.42x |
| 2023-07-31 | 16.29x |
| 2023-04-30 | 10.35x |
| 2023-01-31 | 11.68x |
| 2022-10-31 | 20.27x |
| 2022-07-31 | 20.35x |
| 2022-04-30 | 32.36x |
| 2022-01-31 | 25.23x |
| 2021-10-31 | 27.37x |
| 2021-07-31 | 11.29x |
| 2021-04-30 | 18.57x |
| 2021-01-31 | 7.09x |
| 2020-10-31 | 16.07x |
| 2020-04-30 | 9.10x |
| 2020-01-31 | 10.27x |
| 2019-10-31 | 10.27x |
