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 7.54x is 10% below its 5-year average of 8.40x, around the middle of its 5-year range (5.43x–11.83x).
18.03% above its 12-month average of 6.39x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-03): 5.93x.
INTEREST COVERAGE RATIO
7.54x
INTEREST COVERAGE RATIO AVG TTM
6.39x
INTEREST COVERAGE RATIO AVG 3Y
7.77x
INTEREST COVERAGE RATIO AVG 5Y
8.40x
INTEREST COVERAGE RATIO AVG 10Y
9.01x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.03%
CURRENT VS 3Y AVG
-2.96%
CURRENT VS 5Y AVG
-10.20%
CURRENT VS 10Y AVG
-16.32%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-3.08%
vs the sector median at left
Fortive Corporation
Market Cap
$17.15B
Interest Coverage Ratio
7.54x
TTM Avg
6.39x
3Y Avg
7.77x
5Y Avg
8.40x
Market Cap
$16.38B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
Market Cap
$16.27B
Interest Coverage Ratio
10.38x
TTM Avg
9.93x
3Y Avg
7.59x
5Y Avg
6.90x
Market Cap
$16.13B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$16.03B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
Market Cap
$18.63B
Interest Coverage Ratio
-17.60x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.71B
Interest Coverage Ratio
3.79x
TTM Avg
3.79x
3Y Avg
2.75x
5Y Avg
3.85x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortive Corporation (FTV) | $17.15B | 7.54x | 6.39x | 7.77x | 8.40x |
| Zebra Technologies Corporation (ZBRA)vs › | $16.38B | 7.41x | 6.58x | 6.40x | 38.33x |
| Leidos Holdings, Inc. (LDOS)vs › | $16.27B | 10.38x | 9.93x | 7.59x | 6.90x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.13B | 9.06x | 18.36x | 19.78x | 20.12x |
| Dynatrace, Inc. (DT)vs › | $16.03B | N/A | 17.61x | 13.89x | 13.89x |
| PTC Inc. (PTC)vs › | $15.64B | 12.76x | 8.84x | 7.36x | 6.63x |
| Unity Software Inc. (U)vs › | $18.63B | -17.60x | N/A | N/A | N/A |
| MKS Inc. (MKSI)vs › | $15.57B | 2.67x | 2.05x | 2.53x | 10.24x |
| Gen Digital Inc. (GEN)vs › | $18.71B | 3.79x | 3.79x | 2.75x | 3.85x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 20.42x | 20.05x | 34.26x | 26.23x |
Interest Coverage
7.5x
Debt/Equity
0.58
Current Ratio
1.24
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 |
|---|---|
| 2026-07-03 | 5.93x |
| 2026-04-03 | 6.07x |
| 2025-12-31 | 7.27x |
| 2025-09-26 | 6.28x |
| 2025-06-27 | 8.20x |
| 2025-03-28 | 8.14x |
| 2024-12-31 | 9.40x |
| 2024-09-27 | 8.04x |
| 2024-06-28 | 7.80x |
| 2024-03-29 | 5.43x |
| 2023-12-31 | 10.91x |
| 2023-09-29 | 9.77x |
| 2023-06-30 | 8.80x |
| 2023-03-31 | 8.04x |
| 2022-12-31 | 9.08x |
| 2022-09-30 | 9.58x |
| 2022-07-01 | 11.83x |
| 2022-04-01 | 11.29x |
| 2021-12-31 | 8.00x |
| 2021-10-01 | 8.06x |
| 2021-07-02 | 8.38x |
| 2021-04-02 | 7.13x |
| 2020-12-31 | 5.60x |
| 2020-09-25 | 3.73x |
| 2020-06-26 | 2.83x |
| 2020-03-27 | 2.99x |
| 2019-12-31 | 6.80x |
| 2019-09-27 | 5.60x |
| 2019-06-28 | 6.25x |
| 2019-03-29 | 9.62x |
| 2018-12-31 | 11.03x |
| 2018-09-28 | 12.19x |
| 2018-06-29 | 13.57x |
| 2018-03-30 | 11.93x |
| 2017-12-31 | 12.35x |
| 2017-09-29 | 15.54x |
| 2017-06-30 | 15.34x |
| 2017-03-31 | 13.05x |
| 2016-12-31 | 14.75x |
| 2016-09-30 | 13.81x |
| 2016-07-01 | 119.30x |
