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 5.55x is 12% above its 5-year average of 4.96x, around the middle of its 5-year range (-14.96x–21.71x).
10.04% below its 12-month average of 6.17x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 5.77x.
INTEREST COVERAGE RATIO
5.55x
INTEREST COVERAGE RATIO AVG TTM
6.17x
INTEREST COVERAGE RATIO AVG 3Y
6.31x
INTEREST COVERAGE RATIO AVG 5Y
4.96x
INTEREST COVERAGE RATIO AVG 10Y
3.45x
INTEREST COVERAGE RATIO AVG 15Y
4.06x
INTEREST COVERAGE RATIO AVG 20Y
6.24x
CURRENT VS TTM AVG
-10.04%
CURRENT VS 3Y AVG
-12.06%
CURRENT VS 5Y AVG
+11.96%
CURRENT VS 10Y AVG
+61.10%
CURRENT VS 15Y AVG
+36.54%
CURRENT VS 20Y AVG
-10.99%
SECTOR MEDIAN · INDUSTRIALS
7.19x
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
-22.76%
vs the sector median at left
Granite Construction Incorporated
Market Cap
$5.25B
Interest Coverage Ratio
5.55x
TTM Avg
6.17x
3Y Avg
6.31x
5Y Avg
4.96x
Market Cap
$5.18B
Interest Coverage Ratio
1.51x
TTM Avg
1.72x
3Y Avg
2.52x
5Y Avg
2.81x
Market Cap
$5.15B
Interest Coverage Ratio
2.65x
TTM Avg
3.15x
3Y Avg
3.16x
5Y Avg
7.10x
Market Cap
$4.75B
Interest Coverage Ratio
28.79x
TTM Avg
18.54x
3Y Avg
23.87x
5Y Avg
30.06x
Market Cap
$5.88B
Interest Coverage Ratio
12.41x
TTM Avg
12.34x
3Y Avg
15.64x
5Y Avg
32.75x
Market Cap
$4.57B
Interest Coverage Ratio
N/A
TTM Avg
223.26x
3Y Avg
202.42x
5Y Avg
149.83x
Market Cap
$4.52B
Interest Coverage Ratio
1.64x
TTM Avg
1.44x
3Y Avg
1.11x
5Y Avg
1.11x
Market Cap
$4.43B
Interest Coverage Ratio
1.42x
TTM Avg
1.42x
3Y Avg
0.74x
5Y Avg
0.75x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Granite Construction Incorporated (GVA) | $5.25B | 5.55x | 6.17x | 6.31x | 4.96x |
| Casella Waste Systems, Inc. (CWST)vs › | $5.18B | 1.51x | 1.72x | 2.52x | 2.81x |
| Construction Partners, Inc. (ROAD)vs › | $5.15B | 2.65x | 3.15x | 3.16x | 7.10x |
| MYR Group Inc. (MYRG)vs › | $4.75B | 28.79x | 18.54x | 23.87x | 30.06x |
| Planet Labs PBC (PL)vs › | $5.83B | -27.67x | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $5.88B | 12.41x | 12.34x | 15.64x | 32.75x |
| UniFirst Corporation (UNF)vs › | $4.57B | N/A | 223.26x | 202.42x | 149.83x |
| Karman Holdings Inc. (KRMN)vs › | $4.52B | 1.64x | 1.44x | 1.11x | 1.11x |
| Amentum Holdings, Inc. (AMTM)vs › | $4.43B | 1.42x | 1.42x | 0.74x | 0.75x |
| KBR, Inc. (KBR)vs › | $4.32B | 3.59x | 4.09x | 4.03x | 3.78x |
Interest Coverage
5.5x
Debt/Equity
2.30
Current Ratio
1.01
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 | 5.77x |
| 2026-03-31 | -2.09x |
| 2025-12-31 | 3.35x |
| 2025-09-30 | 10.75x |
| 2025-06-30 | 13.06x |
| 2025-03-31 | -5.12x |
| 2024-12-31 | 7.14x |
| 2024-09-30 | 13.19x |
| 2024-06-30 | 16.08x |
| 2024-03-31 | -5.36x |
| 2023-12-31 | 3.14x |
| 2023-09-30 | 15.14x |
| 2023-06-30 | 6.99x |
| 2023-03-31 | -14.96x |
| 2022-12-31 | 3.20x |
| 2022-09-30 | 21.71x |
| 2022-06-30 | 7.63x |
| 2022-03-31 | -4.38x |
| 2021-12-31 | -5.98x |
| 2021-09-30 | 8.52x |
| 2021-06-30 | 6.32x |
| 2021-03-31 | -14.80x |
| 2020-12-31 | 1.27x |
| 2020-09-30 | -13.49x |
| 2020-06-30 | -0.33x |
| 2020-03-31 | -15.69x |
| 2019-12-31 | 11.84x |
| 2019-09-30 | 11.05x |
| 2019-06-30 | -6.85x |
| 2019-03-31 | -19.67x |
| 2018-12-31 | 3.39x |
| 2018-09-30 | 15.14x |
| 2018-06-30 | -1.79x |
| 2018-03-31 | -5.27x |
| 2017-12-31 | 16.42x |
| 2017-09-30 | 25.11x |
| 2017-06-30 | 8.90x |
| 2017-03-31 | -13.29x |
| 2016-12-31 | 9.34x |
| 2016-09-30 | 17.76x |
| 2016-06-30 | 8.11x |
| 2016-03-31 | -5.34x |
| 2015-12-31 | 16.05x |
| 2015-09-30 | 14.81x |
| 2015-06-30 | 4.30x |
| 2015-03-31 | -3.23x |
| 2014-12-31 | 9.49x |
| 2014-09-30 | 8.97x |
| 2014-06-30 | 7.91x |
| 2014-03-31 | -7.49x |
| 2013-12-31 | -14.63x |
| 2013-09-30 | 3.64x |
| 2013-06-30 | 1.65x |
| 2013-03-31 | -7.14x |
| 2012-12-31 | 10.66x |
| 2012-09-30 | 23.99x |
| 2012-06-30 | 4.97x |
| 2012-03-31 | -5.13x |
| 2011-12-31 | 14.82x |
| 2011-09-30 | 17.67x |
| 2011-06-30 | 10.73x |
| 2011-03-31 | -3.18x |
| 2010-12-31 | -40.28x |
| 2010-09-30 | 58.79x |
| 2010-06-30 | 0.71x |
| 2010-03-31 | -12.09x |
| 2009-12-31 | 9.55x |
| 2009-09-30 | 10.90x |
| 2009-06-30 | 10.65x |
| 2009-03-31 | 4.85x |
| 2008-12-31 | 18.67x |
| 2008-09-30 | 14.03x |
| 2008-06-30 | 14.85x |
| 2008-03-31 | 8.52x |
| 2007-12-31 | 27.51x |
| 2007-09-30 | 40.32x |
| 2007-06-30 | 32.96x |
| 2006-12-31 | -11.39x |
| 2006-09-30 | 36.85x |
| 2006-06-30 | 34.67x |
| 2006-03-31 | -2.71x |
| 2005-12-31 | 37.17x |
| 2005-06-30 | 17.72x |
| 2005-03-31 | -5.86x |
| 2004-12-31 | 9.65x |
| 2004-06-30 | 13.42x |
| 2004-03-31 | -7.20x |
| 2003-12-31 | 10.89x |
| 2003-09-30 | 20.38x |
| 2002-12-31 | 6.63x |
| 2002-09-30 | 14.66x |