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 2.89x is 16% below its 1-year average of 3.45x, near the low end of its 1-year range (2.89x–4.01x).
As of the fiscal period ended Saturday, June 27, 2026.
Reported quarterly interest coverage; no daily interpolation.
Limited quarterly history available
Interest Coverage needs at least three reported quarters before a meaningful chart is shown.
INTEREST COVERAGE RATIO
2.89x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 137 covered companies
CURRENT VS SECTOR MEDIAN
-63.18%
vs the sector median at left
Honeywell Aerospace Inc
Market Cap
$51.46B
Interest Coverage Ratio
2.89x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.66B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
Market Cap
$53.45B
Interest Coverage Ratio
145.70x
TTM Avg
129.21x
3Y Avg
79.42x
5Y Avg
62.41x
Market Cap
$49.36B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$48.94B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$54.15B
Interest Coverage Ratio
23.82x
TTM Avg
19.79x
3Y Avg
19.62x
5Y Avg
17.78x
Market Cap
$48.46B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$48.42B
Interest Coverage Ratio
-0.66x
TTM Avg
15.52x
3Y Avg
15.52x
5Y Avg
15.52x
Market Cap
$48.16B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell Aerospace Inc (HONA) | $51.46B | 2.89x | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $52.66B | 8.57x | 8.30x | 6.70x | 5.65x |
| Comfort Systems USA, Inc. (FIX)vs › | $53.45B | 145.70x | 129.21x | 79.42x | 62.41x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 8.31x | 8.16x | 6.89x | 6.04x |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 3.60x | 3.29x | 3.30x | 4.95x |
| AMETEK, Inc. (AME)vs › | $54.15B | 23.82x | 19.79x | 19.62x | 17.78x |
| Carrier Global Corporation (CARR)vs › | $48.46B | 5.53x | 4.58x | 5.55x | 6.80x |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | -0.66x | 15.52x | 15.52x | 15.52x |
| HEICO Corporation (HEI-A)vs › | $48.16B | 7.85x | 6.72x | 24.68x | 30.27x |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 9.12x | 8.74x | 10.37x | 10.03x |
Interest Coverage
2.9x
Debt/Equity
-2.79
Current Ratio
1.53
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 |
|---|---|
| 2026-06-27 | 2.89x |
| 2026-03-31 | 4.01x |
