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 7.85x is 57% below its 5-year average of 18.29x, near the low end of its 5-year range (4.70x–128.05x).
14.34% below its 12-month average of 9.16x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-07-31): 9.89x.
INTEREST COVERAGE RATIO
7.85x
INTEREST COVERAGE RATIO AVG TTM
9.16x
INTEREST COVERAGE RATIO AVG 3Y
7.70x
INTEREST COVERAGE RATIO AVG 5Y
18.29x
INTEREST COVERAGE RATIO AVG 10Y
21.49x
INTEREST COVERAGE RATIO AVG 15Y
31.54x
INTEREST COVERAGE RATIO AVG 20Y
36.11x
CURRENT VS TTM AVG
-14.34%
CURRENT VS 3Y AVG
+2.00%
CURRENT VS 5Y AVG
-57.08%
CURRENT VS 10Y AVG
-63.48%
CURRENT VS 15Y AVG
-75.11%
CURRENT VS 20Y AVG
-78.26%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
HEICO Corporation
Market Cap
$44.45B
Interest Coverage Ratio
7.85x
TTM Avg
9.16x
3Y Avg
7.70x
5Y Avg
18.29x
Market Cap
$44.39B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$45.52B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$43.37B
Interest Coverage Ratio
10.87x
TTM Avg
11.70x
3Y Avg
11.02x
5Y Avg
10.15x
Market Cap
$42.96B
Interest Coverage Ratio
17.17x
TTM Avg
15.45x
3Y Avg
15.04x
5Y Avg
17.58x
Market Cap
$42.69B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$40.79B
Interest Coverage Ratio
-8.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.62B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$48.83B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $44.45B | 7.85x | 9.16x | 7.70x | 18.29x |
| L3Harris Technologies, Inc. (LHX)vs › | $44.39B | 3.60x | 3.29x | 3.30x | 4.95x |
| Carrier Global Corporation (CARR)vs › | $45.52B | 5.53x | 4.58x | 5.55x | 6.80x |
| Thomson Reuters Corporation (TRI)vs › | $43.37B | 10.87x | 11.70x | 11.02x | 10.15x |
| Ferguson plc (FERG)vs › | $42.96B | 17.17x | 15.45x | 15.04x | 17.58x |
| HEICO Corporation (HEI)vs › | $42.69B | 7.85x | 6.72x | 24.68x | 30.27x |
| Rocket Lab USA, Inc. (RKLB)vs › | $40.79B | -8.64x | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.62B | 8.31x | 8.16x | 6.89x | 6.04x |
| Honeywell Aerospace Inc (HONA)vs › | $48.83B | 3.98x | 3.98x | 3.98x | 3.98x |
| Rockwell Automation, Inc. (ROK)vs › | $49.23B | 9.12x | 8.74x | 10.37x | 10.03x |
Interest Coverage
7.8x
Debt/Equity
0.51
Current Ratio
2.72
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 |
|---|---|
| 2026-07-31 | 9.89x |
| 2026-04-30 | 10.26x |
| 2026-01-31 | 8.81x |
| 2025-10-31 | 8.49x |
| 2025-07-31 | 8.36x |
| 2025-04-30 | 7.67x |
| 2025-01-31 | 7.10x |
| 2024-10-31 | 6.76x |
| 2024-07-31 | 5.73x |
| 2024-04-30 | 5.26x |
| 2024-01-31 | 4.70x |
| 2023-10-31 | 4.72x |
| 2023-07-31 | 12.29x |
| 2023-04-30 | 13.85x |
| 2023-01-31 | 21.59x |
| 2022-10-31 | 44.38x |
| 2022-07-31 | 89.85x |
| 2022-04-30 | 123.59x |
| 2022-01-31 | 128.05x |
| 2021-10-31 | 111.74x |
| 2021-07-31 | 59.49x |
| 2021-04-30 | 46.75x |
| 2021-01-31 | 33.14x |
| 2020-10-31 | 35.54x |
| 2020-07-31 | 25.92x |
| 2020-04-30 | 28.98x |
| 2020-01-31 | 26.01x |
| 2019-10-31 | 22.98x |
| 2019-07-31 | 21.74x |
| 2019-04-30 | 21.96x |
| 2019-01-31 | 18.20x |
| 2018-10-31 | 20.95x |
| 2018-07-31 | 19.32x |
| 2018-04-30 | 18.57x |
| 2018-01-31 | 16.34x |
| 2017-10-31 | 26.16x |
| 2017-07-31 | 31.58x |
| 2017-04-30 | 39.50x |
| 2017-01-31 | 33.25x |
| 2016-10-31 | 38.10x |
| 2016-07-31 | 30.87x |
| 2016-04-30 | 28.63x |
| 2016-01-31 | 33.58x |
| 2015-10-31 | 53.87x |
| 2015-07-31 | 53.78x |
| 2015-04-30 | 48.68x |
| 2015-01-31 | 41.73x |
| 2014-10-31 | 41.13x |
| 2014-07-31 | 34.70x |
| 2014-04-30 | 34.12x |
| 2014-01-31 | 39.33x |
| 2013-10-31 | 47.20x |
| 2013-07-31 | 44.13x |
| 2013-04-30 | 55.65x |
| 2013-01-31 | 54.59x |
| 2012-10-31 | 74.04x |
| 2012-07-31 | 76.91x |
| 2012-04-30 | 57.49x |
| 2012-01-31 | 61.69x |
| 2011-10-31 | 870.70x |
| 2011-07-31 | 5100.86x |
| 2011-04-30 | 866.13x |
| 2011-01-31 | 599.48x |
| 2010-10-31 | 345.10x |
| 2010-07-31 | 213.18x |
| 2010-04-30 | 155.43x |
| 2010-01-31 | 206.25x |
| 2009-10-31 | 183.67x |
| 2009-07-31 | 121.03x |
| 2009-04-30 | 190.35x |
| 2009-01-31 | 110.02x |
| 2008-07-31 | 61.91x |
| 2008-04-30 | 40.87x |
| 2008-01-31 | 26.95x |