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 17.51x is 123% above its 5-year average of 7.85x, near the high end of its 5-year range (2.35x–17.51x).
As of the fiscal period ended Tuesday, March 31, 2026. 18.27% above its 12-month average of 14.81x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
17.51x
INTEREST COVERAGE RATIO AVG TTM
14.81x
INTEREST COVERAGE RATIO AVG 3Y
10.31x
INTEREST COVERAGE RATIO AVG 5Y
7.85x
INTEREST COVERAGE RATIO AVG 10Y
3.85x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.27%
CURRENT VS 3Y AVG
+69.85%
CURRENT VS 5Y AVG
+123.16%
CURRENT VS 10Y AVG
+354.37%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
8.22x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
+113.04%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$115.31B
Interest Coverage Ratio
17.51x
TTM Avg
14.81x
3Y Avg
10.31x
5Y Avg
7.85x
Market Cap
$125.16B
Interest Coverage Ratio
9.93x
TTM Avg
8.81x
3Y Avg
8.57x
5Y Avg
8.39x
Market Cap
$104.37B
Interest Coverage Ratio
17.06x
TTM Avg
14.63x
3Y Avg
12.67x
5Y Avg
11.46x
Market Cap
$104.19B
Interest Coverage Ratio
6.26x
TTM Avg
6.43x
3Y Avg
6.65x
5Y Avg
8.43x
Market Cap
$103.92B
Interest Coverage Ratio
22.03x
TTM Avg
15.60x
3Y Avg
9.21x
5Y Avg
7.01x
Market Cap
$103.90B
Interest Coverage Ratio
17.44x
TTM Avg
16.06x
3Y Avg
13.82x
5Y Avg
11.68x
Market Cap
$135.97B
Interest Coverage Ratio
6.92x
TTM Avg
6.84x
3Y Avg
9.09x
5Y Avg
11.17x
Market Cap
$94.53B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $115.31B | 17.51x | 14.81x | 10.31x | 7.85x |
| Parker-Hannifin Corporation (PH)vs › | $125.16B | 9.93x | 8.81x | 8.57x | 8.39x |
| General Dynamics Corporation (GD)vs › | $104.37B | 17.06x | 14.63x | 12.67x | 11.46x |
| Quanta Services, Inc. (PWR)vs › | $104.19B | 6.26x | 6.43x | 6.65x | 8.43x |
| Vertiv Holdings Co (VRT)vs › | $103.92B | 22.03x | 15.60x | 9.21x | 7.01x |
| Trane Technologies plc (TT)vs › | $103.90B | 17.44x | 16.06x | 13.82x | 11.68x |
| Lockheed Martin Corporation (LMT)vs › | $135.97B | 6.92x | 6.84x | 9.09x | 11.17x |
| CSX Corporation (CSX)vs › | $94.53B | 5.36x | 5.91x | 6.65x | 6.58x |
| 3M Company (MMM)vs › | $93.58B | 6.34x | 5.25x | 5.76x | 8.68x |
| United Parcel Service, Inc. (UPS)vs › | $92.68B | 7.78x | 8.94x | 12.16x | 13.22x |
Interest Coverage
17.5x
Debt/Equity
0.85
Current Ratio
2.44
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 |
|---|---|
| 2026-03-31 | 17.51x |
| 2025-12-31 | 15.59x |
| 2025-09-30 | 14.65x |
| 2025-06-30 | 13.71x |
| 2025-03-31 | 12.56x |
| 2024-12-31 | 11.43x |
| 2024-09-30 | 9.55x |
| 2024-06-30 | 8.57x |
| 2024-03-31 | 7.53x |
| 2023-12-31 | 6.90x |
| 2023-09-30 | 5.70x |
| 2023-06-30 | 5.24x |
| 2023-03-31 | 5.09x |
| 2022-12-31 | 5.11x |
| 2022-09-30 | 4.51x |
| 2022-06-30 | 4.37x |
| 2022-03-31 | 4.09x |
| 2021-12-31 | 4.07x |
| 2021-09-30 | 3.40x |
| 2021-06-30 | 2.35x |
| 2021-03-31 | 2.88x |
| 2020-12-31 | 3.43x |
| 2020-09-30 | 1.32x |
| 2020-06-30 | 1.27x |
| 2020-03-31 | 3.54x |
| 2019-12-31 | 1.23x |
| 2019-09-30 | 3.67x |
| 2019-06-30 | 3.44x |
| 2019-03-31 | 4.54x |
| 2018-12-31 | 3.59x |
| 2018-09-30 | 3.59x |
| 2018-06-30 | 3.49x |
| 2018-03-31 | 2.74x |
| 2017-12-31 | 3.40x |
| 2017-09-30 | 2.90x |
| 2017-06-30 | 1.68x |
| 2017-03-31 | 2.77x |
| 2016-12-31 | 1.14x |
| 2016-09-30 | 3.17x |
| 2016-06-30 | 2.28x |
| 2016-03-31 | 2.36x |
| 2015-12-31 | 1.25x |
| 2015-09-30 | 0.36x |
| 2015-06-30 | 1.13x |
| 2015-03-31 | 1.60x |
| 2014-12-31 | 0.57x |
| 2014-09-30 | 2.09x |
| 2014-06-30 | -0.64x |
| 2014-03-31 | -2.28x |
