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 14.11x is 68% above its 5-year average of 8.37x, near the high end of its 5-year range (2.35x–17.51x).
6.44% below its 12-month average of 15.08x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 13.94x.
INTEREST COVERAGE RATIO
14.11x
INTEREST COVERAGE RATIO AVG TTM
15.08x
INTEREST COVERAGE RATIO AVG 3Y
10.99x
INTEREST COVERAGE RATIO AVG 5Y
8.37x
INTEREST COVERAGE RATIO AVG 10Y
4.35x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.44%
CURRENT VS 3Y AVG
+28.37%
CURRENT VS 5Y AVG
+68.49%
CURRENT VS 10Y AVG
+224.54%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+79.75%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$91.89B
Interest Coverage Ratio
14.11x
TTM Avg
15.08x
3Y Avg
10.99x
5Y Avg
8.37x
Market Cap
$94.41B
Interest Coverage Ratio
17.44x
TTM Avg
16.06x
3Y Avg
13.82x
5Y Avg
11.68x
Market Cap
$95.52B
Interest Coverage Ratio
17.06x
TTM Avg
14.63x
3Y Avg
12.67x
5Y Avg
11.46x
Market Cap
$95.72B
Interest Coverage Ratio
6.26x
TTM Avg
6.43x
3Y Avg
6.65x
5Y Avg
8.43x
Market Cap
$96.01B
Interest Coverage Ratio
22.03x
TTM Avg
15.60x
3Y Avg
9.21x
5Y Avg
7.01x
Market Cap
$87.25B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$84.38B
Interest Coverage Ratio
5.05x
TTM Avg
6.00x
3Y Avg
7.19x
5Y Avg
7.13x
Market Cap
$84.12B
Interest Coverage Ratio
7.78x
TTM Avg
8.94x
3Y Avg
12.16x
5Y Avg
13.22x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $91.89B | 14.11x | 15.08x | 10.99x | 8.37x |
| Trane Technologies plc (TT)vs › | $94.41B | 17.44x | 16.06x | 13.82x | 11.68x |
| General Dynamics Corporation (GD)vs › | $95.52B | 17.06x | 14.63x | 12.67x | 11.46x |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 6.26x | 6.43x | 6.65x | 8.43x |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 22.03x | 15.60x | 9.21x | 7.01x |
| CSX Corporation (CSX)vs › | $87.25B | 5.36x | 5.91x | 6.65x | 6.58x |
| 3M Company (MMM)vs › | $85.60B | 6.34x | 5.25x | 5.76x | 8.68x |
| Waste Management, Inc. (WM)vs › | $84.38B | 5.05x | 6.00x | 7.19x | 7.13x |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 7.78x | 8.94x | 12.16x | 13.22x |
| Emerson Electric Co. (EMR)vs › | $83.97B | 9.13x | 8.69x | 9.57x | 11.00x |
Interest Coverage
14.1x
Debt/Equity
0.79
Current Ratio
1.82
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 | 13.94x |
| 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 |
