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 6.94x is 34% above its 5-year average of 5.16x, near the high end of its 5-year range (0.87x–8.03x).
4.49% below its 12-month average of 7.27x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 7.43x.
INTEREST COVERAGE RATIO
6.94x
INTEREST COVERAGE RATIO AVG TTM
7.27x
INTEREST COVERAGE RATIO AVG 3Y
4.83x
INTEREST COVERAGE RATIO AVG 5Y
5.16x
INTEREST COVERAGE RATIO AVG 10Y
6.15x
INTEREST COVERAGE RATIO AVG 15Y
8.31x
INTEREST COVERAGE RATIO AVG 20Y
9.19x
CURRENT VS TTM AVG
-4.49%
CURRENT VS 3Y AVG
+43.58%
CURRENT VS 5Y AVG
+34.49%
CURRENT VS 10Y AVG
+12.84%
CURRENT VS 15Y AVG
-16.52%
CURRENT VS 20Y AVG
-24.51%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-10.80%
vs the sector median at left
Corning Inc
Market Cap
$132.73B
Interest Coverage Ratio
6.94x
TTM Avg
7.27x
3Y Avg
4.83x
5Y Avg
5.16x
Market Cap
$131.09B
Interest Coverage Ratio
103.58x
TTM Avg
96.88x
3Y Avg
76.68x
5Y Avg
70.07x
Market Cap
$127.39B
Interest Coverage Ratio
-23.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$140.90B
Interest Coverage Ratio
12.65x
TTM Avg
9.00x
3Y Avg
6.58x
5Y Avg
6.58x
Market Cap
$142.45B
Interest Coverage Ratio
79.30x
TTM Avg
69.30x
3Y Avg
45.88x
5Y Avg
33.12x
Market Cap
$115.76B
Interest Coverage Ratio
-172.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$155.21B
Interest Coverage Ratio
32.04x
TTM Avg
32.04x
3Y Avg
19.29x
5Y Avg
15.48x
Market Cap
$108.56B
Interest Coverage Ratio
44.74x
TTM Avg
103.73x
3Y Avg
147.70x
5Y Avg
152.64x
Market Cap
$105.17B
Interest Coverage Ratio
8.88x
TTM Avg
10.38x
3Y Avg
12.94x
5Y Avg
25.25x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $132.73B | 6.94x | 7.27x | 4.83x | 5.16x |
| Fortinet, Inc. (FTNT)vs › | $131.09B | 103.58x | 96.88x | 76.68x | 70.07x |
| Cloudflare, Inc. (NET)vs › | $127.39B | -23.64x | N/A | N/A | N/A |
| Uber Technologies, Inc. (UBER)vs › | $140.90B | 12.65x | 9.00x | 6.58x | 6.58x |
| ServiceNow, Inc. (NOW)vs › | $142.45B | 79.30x | 69.30x | 45.88x | 33.12x |
| Snowflake Inc. (SNOW)vs › | $115.76B | -172.95x | N/A | N/A | N/A |
| Western Digital Corporation (WDC)vs › | $155.21B | 32.04x | 32.04x | 19.29x | 15.48x |
| Accenture plc (ACN)vs › | $108.56B | 44.74x | 103.73x | 147.70x | 152.64x |
| Automatic Data Processing, Inc. (ADP)vs › | $105.17B | 8.88x | 10.38x | 12.94x | 25.25x |
| AppLovin Corporation (APP)vs › | $104.97B | 20.06x | 13.04x | 9.63x | 7.59x |
Interest Coverage
6.9x
Debt/Equity
0.75
Current Ratio
1.81
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 | 7.43x |
| 2026-03-31 | 6.95x |
| 2025-12-31 | 7.51x |
| 2025-09-30 | 7.55x |
| 2025-06-30 | 6.90x |
| 2025-03-31 | 5.43x |
| 2024-12-31 | 4.97x |
| 2024-09-30 | 3.64x |
| 2024-06-30 | 2.21x |
| 2024-03-31 | 3.06x |
| 2023-12-31 | 0.87x |
| 2023-09-30 | 2.88x |
| 2023-06-30 | 3.44x |
| 2023-03-31 | 3.91x |
| 2022-12-31 | 1.13x |
| 2022-09-30 | 4.00x |
| 2022-06-30 | 6.81x |
| 2022-03-31 | 8.03x |
| 2021-12-31 | 6.62x |
| 2021-09-30 | 7.67x |
| 2021-06-30 | 7.37x |
| 2021-03-31 | 6.52x |
| 2020-12-31 | 6.35x |
| 2020-09-30 | 3.67x |
| 2020-06-30 | -1.54x |
| 2020-03-31 | -1.89x |
| 2019-12-31 | 2.45x |
| 2019-09-30 | 6.64x |
| 2019-06-30 | 6.93x |
| 2019-03-31 | 8.08x |
| 2018-12-31 | 9.10x |
| 2018-09-30 | 11.60x |
| 2018-06-30 | 9.19x |
| 2018-03-31 | 3.73x |
| 2017-12-31 | 8.65x |
| 2017-09-30 | 12.24x |
| 2017-06-30 | 10.03x |
| 2017-03-31 | 11.16x |
| 2016-12-31 | 11.68x |
| 2016-09-30 | 13.05x |
| 2016-06-30 | 6.17x |
| 2016-03-31 | 4.32x |
| 2015-12-31 | 2.23x |
| 2015-09-30 | 10.32x |
| 2015-06-30 | 13.06x |
| 2015-03-31 | 13.73x |
| 2014-12-31 | 16.75x |
| 2014-09-30 | 20.00x |
| 2014-06-30 | 15.33x |
| 2014-03-31 | 10.50x |
| 2013-12-31 | 6.57x |
| 2013-09-30 | 15.68x |
| 2013-06-30 | 15.14x |
| 2013-03-31 | 9.00x |
| 2012-12-31 | 19.12x |
| 2012-09-30 | 12.55x |
| 2012-06-30 | 12.88x |
| 2012-03-31 | 17.10x |
| 2011-12-31 | 13.12x |
| 2011-09-30 | 25.52x |
| 2011-06-30 | 19.27x |
| 2011-03-31 | 17.04x |
| 2010-12-31 | 23.18x |
| 2010-09-30 | 11.00x |
| 2010-06-30 | 16.54x |
| 2010-03-31 | 15.50x |
| 2009-12-31 | 8.33x |
| 2009-09-30 | 9.58x |
| 2009-06-30 | 11.05x |
| 2009-03-31 | -18.57x |
| 2008-09-30 | 23.27x |
| 2008-06-30 | 27.80x |
| 2008-03-31 | 43.17x |