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 4.89x is 52% below its 5-year average of 10.17x, near the low end of its 5-year range (1.91x–19.25x).
19.01% above its 12-month average of 4.11x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 4.79x.
INTEREST COVERAGE RATIO
4.89x
INTEREST COVERAGE RATIO AVG TTM
4.11x
INTEREST COVERAGE RATIO AVG 3Y
6.47x
INTEREST COVERAGE RATIO AVG 5Y
10.17x
INTEREST COVERAGE RATIO AVG 10Y
14.29x
INTEREST COVERAGE RATIO AVG 15Y
15.09x
INTEREST COVERAGE RATIO AVG 20Y
13.67x
CURRENT VS TTM AVG
+19.01%
CURRENT VS 3Y AVG
-24.41%
CURRENT VS 5Y AVG
-51.90%
CURRENT VS 10Y AVG
-65.78%
CURRENT VS 15Y AVG
-67.59%
CURRENT VS 20Y AVG
-64.22%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-37.71%
vs the sector median at left
Honeywell International Inc.
Market Cap
$64.48B
Interest Coverage Ratio
4.89x
TTM Avg
4.11x
3Y Avg
6.47x
5Y Avg
10.17x
Market Cap
$64.46B
Interest Coverage Ratio
8.55x
TTM Avg
82.93x
3Y Avg
443.94x
5Y Avg
473.70x
Market Cap
$61.57B
Interest Coverage Ratio
5.55x
TTM Avg
5.72x
3Y Avg
6.19x
5Y Avg
5.49x
Market Cap
$60.69B
Interest Coverage Ratio
2.65x
TTM Avg
2.64x
3Y Avg
2.43x
5Y Avg
2.15x
Market Cap
$68.62B
Interest Coverage Ratio
5.79x
TTM Avg
5.83x
3Y Avg
5.81x
5Y Avg
5.84x
Market Cap
$59.94B
Interest Coverage Ratio
33.22x
TTM Avg
33.73x
3Y Avg
29.72x
5Y Avg
24.60x
Market Cap
$71.92B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$56.70B
Interest Coverage Ratio
267.05x
TTM Avg
236.95x
3Y Avg
179.28x
5Y Avg
160.05x
Market Cap
$72.93B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $64.48B | 4.89x | 4.11x | 6.47x | 10.17x |
| PACCAR Inc (PCAR)vs › | $64.46B | 8.55x | 82.93x | 443.94x | 473.70x |
| United Rentals, Inc. (URI)vs › | $61.57B | 5.55x | 5.72x | 6.19x | 5.49x |
| TransDigm Group Incorporated (TDG)vs › | $60.69B | 2.65x | 2.64x | 2.43x | 2.15x |
| Republic Services, Inc. (RSG)vs › | $68.62B | 5.79x | 5.83x | 5.81x | 5.84x |
| W.W. Grainger, Inc. (GWW)vs › | $59.94B | 33.22x | 33.73x | 29.72x | 24.60x |
| Norfolk Southern Corporation (NSC)vs › | $71.92B | 5.06x | 4.86x | 5.11x | 5.44x |
| Fastenal Company (FAST)vs › | $56.70B | 267.05x | 236.95x | 179.28x | 160.05x |
| FedEx Corporation (FDX)vs › | $72.93B | 12.43x | 10.07x | 9.09x | 8.90x |
| Comfort Systems USA, Inc. (FIX)vs › | $55.49B | 145.70x | 129.21x | 79.42x | 62.41x |
Interest Coverage
4.9x
Debt/Equity
1.35
Current Ratio
1.21
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 | 4.79x |
| 2026-03-31 | 2.49x |
| 2025-12-31 | 1.91x |
| 2025-09-30 | 4.95x |
| 2025-06-30 | 6.41x |
| 2025-03-31 | 6.94x |
| 2024-12-31 | 6.32x |
| 2024-09-30 | 6.68x |
| 2024-06-30 | 7.91x |
| 2024-03-31 | 8.45x |
| 2023-12-31 | 7.84x |
| 2023-09-30 | 9.35x |
| 2023-06-30 | 10.07x |
| 2023-03-31 | 9.95x |
| 2022-12-31 | 12.59x |
| 2022-09-30 | 17.78x |
| 2022-06-30 | 18.40x |
| 2022-03-31 | 14.95x |
| 2021-12-31 | 18.98x |
| 2021-09-30 | 17.50x |
| 2021-06-30 | 19.25x |
| 2021-03-31 | 16.77x |
| 2020-12-31 | 17.64x |
| 2020-09-30 | 12.98x |
| 2020-06-30 | 11.31x |
| 2020-03-31 | 23.16x |
| 2019-12-31 | 18.63x |
| 2019-09-30 | 18.25x |
| 2019-06-30 | 20.73x |
| 2019-03-31 | 19.32x |
| 2018-12-31 | 16.89x |
| 2018-09-30 | 16.99x |
| 2018-06-30 | 18.71x |
| 2018-03-31 | 20.80x |
| 2017-12-31 | 21.19x |
| 2017-09-30 | 19.05x |
| 2017-06-30 | 20.23x |
| 2017-03-31 | 20.55x |
| 2016-12-31 | 18.76x |
| 2016-09-30 | 18.71x |
| 2016-06-30 | 21.66x |
| 2016-03-31 | 19.94x |
| 2015-12-31 | 20.63x |
| 2015-09-30 | 24.38x |
| 2015-06-30 | 22.32x |
| 2015-03-31 | 21.05x |
| 2014-12-31 | 15.12x |
| 2014-09-30 | 21.25x |
| 2014-06-30 | 19.77x |
| 2014-03-31 | 17.38x |
| 2013-12-31 | 16.11x |
| 2013-09-30 | 18.29x |
| 2013-06-30 | 17.31x |
| 2013-03-31 | 15.67x |
| 2012-12-31 | 4.33x |
| 2012-09-30 | 14.73x |
| 2012-06-30 | 14.79x |
| 2012-03-31 | 13.44x |
| 2011-12-31 | -6.35x |
| 2011-09-30 | 10.69x |
| 2011-06-30 | 12.23x |
| 2011-03-31 | 10.26x |
| 2010-12-31 | 11.09x |
| 2010-09-30 | 8.75x |
| 2010-06-30 | 9.33x |
| 2010-03-31 | 7.54x |
| 2009-12-31 | 9.64x |
| 2009-09-30 | 7.90x |
| 2009-06-30 | 6.50x |
| 2009-03-31 | 5.66x |
| 2008-09-30 | 4.38x |
| 2008-06-30 | 9.23x |
| 2008-03-31 | 8.42x |