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 46.84x is 50% above its 5-year average of 31.33x, near the high end of its 5-year range (16.72x–46.84x).
As of the fiscal period ended Tuesday, March 31, 2026. 27.01% above its 12-month average of 36.88x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
46.84x
INTEREST COVERAGE RATIO AVG TTM
36.88x
INTEREST COVERAGE RATIO AVG 3Y
33.61x
INTEREST COVERAGE RATIO AVG 5Y
31.33x
INTEREST COVERAGE RATIO AVG 10Y
23.37x
INTEREST COVERAGE RATIO AVG 15Y
26.74x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+27.01%
CURRENT VS 3Y AVG
+39.37%
CURRENT VS 5Y AVG
+49.50%
CURRENT VS 10Y AVG
+100.42%
CURRENT VS 15Y AVG
+75.18%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+591.87%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$42.94B
Interest Coverage Ratio
46.84x
TTM Avg
36.88x
3Y Avg
33.61x
5Y Avg
31.33x
Market Cap
$39.14B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$46.74B
Interest Coverage Ratio
2.30x
TTM Avg
2.38x
3Y Avg
5.10x
5Y Avg
7.90x
Market Cap
$47.58B
Interest Coverage Ratio
N/A
TTM Avg
75.36x
3Y Avg
70.16x
5Y Avg
63.82x
Market Cap
$36.28B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
Market Cap
$34.72B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$32.77B
Interest Coverage Ratio
2.72x
TTM Avg
2.21x
3Y Avg
1.60x
5Y Avg
1.60x
Market Cap
$53.41B
Interest Coverage Ratio
10.58x
TTM Avg
17.48x
3Y Avg
14.63x
5Y Avg
11.63x
Market Cap
$31.59B
Interest Coverage Ratio
14.80x
TTM Avg
14.41x
3Y Avg
13.27x
5Y Avg
12.34x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $42.94B | 46.84x | 36.88x | 33.61x | 31.33x |
| Agilent Technologies, Inc. (A)vs › | $39.14B | 13.21x | 14.36x | 15.54x | 14.94x |
| Humana Inc. (HUM)vs › | $46.74B | 2.30x | 2.38x | 5.10x | 7.90x |
| Edwards Lifesciences Corporation (EW)vs › | $47.58B | N/A | 75.36x | 70.16x | 63.82x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 1.99x | 1.99x | 1.99x | 1.99x |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 3.14x | 3.21x | 3.42x | 3.19x |
| Medline Inc. (MDLN)vs › | $32.77B | 2.72x | 2.21x | 1.60x | 1.60x |
| Cardinal Health, Inc. (CAH)vs › | $53.41B | 10.58x | 17.48x | 14.63x | 11.63x |
| Zoetis Inc. (ZTS)vs › | $31.59B | 14.80x | 14.41x | 13.27x | 12.34x |
| Centene Corp. (CNC)vs › | $31.31B | -11.24x | 4.28x | 3.30x | 3.63x |
Interest Coverage
46.8x
Debt/Equity
0.67
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 |
|---|---|
| 2026-03-31 | 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 |
