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 10.26x is 50% below its 5-year average of 20.34x, near the low end of its 5-year range (4.70x–128.05x).
As of the fiscal period ended Thursday, April 30, 2026. 17.67% above its 12-month average of 8.72x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
10.26x
INTEREST COVERAGE RATIO AVG TTM
8.72x
INTEREST COVERAGE RATIO AVG 3Y
7.51x
INTEREST COVERAGE RATIO AVG 5Y
20.34x
INTEREST COVERAGE RATIO AVG 10Y
22.00x
INTEREST COVERAGE RATIO AVG 15Y
31.94x
INTEREST COVERAGE RATIO AVG 20Y
36.54x
CURRENT VS TTM AVG
+17.67%
CURRENT VS 3Y AVG
+36.54%
CURRENT VS 5Y AVG
-49.56%
CURRENT VS 10Y AVG
-53.37%
CURRENT VS 15Y AVG
-67.88%
CURRENT VS 20Y AVG
-71.93%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+30.68%
vs the sector median at left
HEICO Corporation
Market Cap
$52.51B
Interest Coverage Ratio
10.26x
TTM Avg
8.72x
3Y Avg
7.51x
5Y Avg
20.34x
Market Cap
$52.11B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$51.65B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
Market Cap
$51.61B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$51.16B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$49.65B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
Market Cap
$48.84B
Interest Coverage Ratio
-0.66x
TTM Avg
15.52x
3Y Avg
15.52x
5Y Avg
15.52x
Market Cap
$47.93B
Interest Coverage Ratio
-8.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$58.09B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $52.51B | 10.26x | 8.72x | 7.51x | 20.34x |
| L3Harris Technologies, Inc. (LHX)vs › | $52.11B | 3.60x | 3.29x | 3.30x | 4.95x |
| Honeywell Aerospace Inc (HONA)vs › | $51.65B | 3.98x | 3.98x | 3.98x | 3.98x |
| Carrier Global Corporation (CARR)vs › | $51.61B | 5.53x | 4.58x | 5.55x | 6.80x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $51.16B | 8.31x | 8.16x | 6.89x | 6.04x |
| Rockwell Automation, Inc. (ROK)vs › | $49.65B | 9.12x | 8.74x | 10.37x | 10.03x |
| Axon Enterprise, Inc. (AXON)vs › | $48.84B | -0.66x | 15.52x | 15.52x | 15.52x |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.93B | -8.64x | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $58.09B | 8.57x | 8.30x | 6.70x | 5.65x |
| AMETEK, Inc. (AME)vs › | $58.68B | 23.82x | 19.79x | 19.62x | 17.78x |
Interest Coverage
10.3x
Debt/Equity
0.54
Current Ratio
2.92
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 |
|---|---|
| 2026-04-30 | 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 |
