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 35.54x is 12% above its 5-year average of 31.77x, around the middle of its 5-year range (16.72x–46.84x).
3.90% below its 12-month average of 36.98x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
35.54x
INTEREST COVERAGE RATIO AVG TTM
36.98x
INTEREST COVERAGE RATIO AVG 3Y
35.18x
INTEREST COVERAGE RATIO AVG 5Y
31.77x
INTEREST COVERAGE RATIO AVG 10Y
24.17x
INTEREST COVERAGE RATIO AVG 15Y
26.17x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.90%
CURRENT VS 3Y AVG
+1.02%
CURRENT VS 5Y AVG
+11.88%
CURRENT VS 10Y AVG
+47.02%
CURRENT VS 15Y AVG
+35.80%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+416.19%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$41.04B
Interest Coverage Ratio
35.54x
TTM Avg
36.98x
3Y Avg
35.18x
5Y Avg
31.77x
Market Cap
$41.48B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$42.67B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$42.81B
Interest Coverage Ratio
2.35x
TTM Avg
2.35x
3Y Avg
1.39x
5Y Avg
1.57x
Market Cap
$34.80B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
Market Cap
$48.40B
Interest Coverage Ratio
2.30x
TTM Avg
2.38x
3Y Avg
5.10x
5Y Avg
7.90x
Market Cap
$49.35B
Interest Coverage Ratio
4.21x
TTM Avg
4.38x
3Y Avg
4.79x
5Y Avg
4.28x
Market Cap
$49.93B
Interest Coverage Ratio
N/A
TTM Avg
75.36x
3Y Avg
70.16x
5Y Avg
63.82x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $41.04B | 35.54x | 36.98x | 35.18x | 31.77x |
| Agilent Technologies, Inc. (A)vs › | $41.48B | 13.21x | 14.36x | 15.54x | 14.94x |
| IQVIA Holdings Inc. (IQV)vs › | $42.67B | 3.14x | 3.21x | 3.42x | 3.19x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.81B | 2.35x | 2.35x | 1.39x | 1.57x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.80B | 1.99x | 1.99x | 1.99x | 1.99x |
| Alcon Inc. (ALC)vs › | $33.71B | 6.67x | 7.13x | 6.15x | 5.89x |
| Humana Inc. (HUM)vs › | $48.40B | 2.30x | 2.38x | 5.10x | 7.90x |
| Becton, Dickinson and Company (BDX)vs › | $49.35B | 4.21x | 4.38x | 4.79x | 4.28x |
| Edwards Lifesciences Corporation (EW)vs › | $49.93B | N/A | 75.36x | 70.16x | 63.82x |
| ResMed Inc. (RMD)vs › | $32.06B | 65.20x | 99.43x | 62.91x | 55.69x |
Interest Coverage
35.5x
Debt/Equity
0.68
Current Ratio
1.17
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 | 41.80x |
| 2026-03-31 | 46.84x |
| 2025-12-31 | 30.01x |
| 2025-09-30 | 33.30x |
| 2025-06-30 | 32.95x |
| 2025-03-31 | 41.29x |
| 2024-12-31 | 34.90x |
| 2024-09-30 | 39.48x |
| 2024-06-30 | 32.57x |
| 2024-03-31 | 37.79x |
| 2023-12-31 | 26.48x |
| 2023-09-30 | 31.84x |
| 2023-06-30 | 28.09x |
| 2023-03-31 | 21.36x |
| 2022-12-31 | 16.72x |
| 2022-09-30 | 22.26x |
| 2022-06-30 | 21.53x |
| 2022-03-31 | 35.50x |
| 2021-12-31 | 26.64x |
| 2021-09-30 | 31.67x |
| 2021-06-30 | 34.05x |
| 2021-03-31 | 32.65x |
| 2020-12-31 | 23.65x |
| 2020-09-30 | 21.19x |
| 2020-06-30 | 20.35x |
| 2020-03-31 | 18.76x |
| 2019-12-31 | 15.64x |
| 2019-09-30 | 19.72x |
| 2019-06-30 | 20.07x |
| 2019-03-31 | 15.88x |
| 2018-12-31 | 13.48x |
| 2018-09-30 | 13.88x |
| 2018-06-30 | 17.22x |
| 2018-03-31 | 12.19x |
| 2017-12-31 | 10.07x |
| 2017-09-30 | 10.28x |
| 2017-06-30 | 13.39x |
| 2017-03-31 | 10.74x |
| 2016-12-31 | 10.81x |
| 2016-09-30 | 11.36x |
| 2016-06-30 | 12.70x |
| 2016-03-31 | 8.89x |
| 2015-12-31 | 9.39x |
| 2015-09-30 | 9.28x |
| 2015-06-30 | 12.16x |
| 2015-03-31 | 12.38x |
| 2014-12-31 | 7.05x |
| 2014-09-30 | 16.81x |
| 2014-06-30 | 28.07x |
| 2014-03-31 | 25.25x |
| 2013-12-31 | 44.80x |
| 2013-09-30 | 44.76x |
| 2013-06-30 | 107.16x |
| 2013-03-31 | 73.28x |
| 2012-12-31 | 184.92x |
| 2012-09-30 | 72.06x |
| 2012-06-30 | 169.99x |
| 2012-03-31 | 79.80x |
| 2011-12-31 | 49.86x |
| 2011-09-30 | 60.45x |
| 2011-06-30 | 91.17x |
| 2011-03-31 | 73.53x |
| 2010-12-31 | 75.38x |
| 2010-09-30 | 72.51x |
| 2010-06-30 | 79.59x |
| 2010-03-31 | 132.68x |
| 2009-12-31 | 115.87x |
| 2009-09-30 | 101.39x |
| 2009-06-30 | 122.02x |
| 2009-03-31 | 60.06x |
| 2008-06-30 | 48.55x |