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 11.18x is 26% below its 5-year average of 15.18x, near the low end of its 5-year range (9.95x–54.48x).
5.17% below its 12-month average of 11.79x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 13.24x.
INTEREST COVERAGE RATIO
11.18x
INTEREST COVERAGE RATIO AVG TTM
11.79x
INTEREST COVERAGE RATIO AVG 3Y
13.08x
INTEREST COVERAGE RATIO AVG 5Y
15.18x
INTEREST COVERAGE RATIO AVG 10Y
12.70x
INTEREST COVERAGE RATIO AVG 15Y
11.37x
INTEREST COVERAGE RATIO AVG 20Y
11.67x
CURRENT VS TTM AVG
-5.17%
CURRENT VS 3Y AVG
-14.50%
CURRENT VS 5Y AVG
-26.35%
CURRENT VS 10Y AVG
-11.98%
CURRENT VS 15Y AVG
-1.67%
CURRENT VS 20Y AVG
-4.17%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+42.42%
vs the sector median at left
IDEX Corporation
Market Cap
$16.93B
Interest Coverage Ratio
11.18x
TTM Avg
11.79x
3Y Avg
13.08x
5Y Avg
15.18x
Market Cap
$16.96B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
Market Cap
$17.27B
Interest Coverage Ratio
12.60x
TTM Avg
10.02x
3Y Avg
9.40x
5Y Avg
11.78x
Market Cap
$17.37B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$16.26B
Interest Coverage Ratio
1.88x
TTM Avg
2.13x
3Y Avg
3.47x
5Y Avg
3.78x
Market Cap
$16.15B
Interest Coverage Ratio
5.92x
TTM Avg
5.01x
3Y Avg
4.86x
5Y Avg
6.25x
Market Cap
$17.85B
Interest Coverage Ratio
3.19x
TTM Avg
3.27x
3Y Avg
3.76x
5Y Avg
3.26x
Market Cap
$16.02B
Interest Coverage Ratio
8.45x
TTM Avg
7.32x
3Y Avg
5.70x
5Y Avg
17.64x
Market Cap
$18.05B
Interest Coverage Ratio
7.16x
TTM Avg
7.37x
3Y Avg
14.35x
5Y Avg
15.40x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEX Corporation (IEX) | $16.93B | 11.18x | 11.79x | 13.08x | 15.18x |
| MasTec, Inc. (MTZ)vs › | $16.96B | 3.77x | 3.01x | 1.95x | 3.12x |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $17.27B | 12.60x | 10.02x | 9.40x | 11.78x |
| Equifax Inc. (EFX)vs › | $17.37B | 5.16x | 4.86x | 4.84x | 5.33x |
| CNH Industrial N.V. (CNH)vs › | $16.26B | 1.88x | 2.13x | 3.47x | 3.78x |
| Jacobs Solutions Inc. (J)vs › | $16.15B | 5.92x | 5.01x | 4.86x | 6.25x |
| WESCO International, Inc. (WCC)vs › | $17.85B | 3.19x | 3.27x | 3.76x | 3.26x |
| RBC Bearings Incorporated (RBC)vs › | $16.02B | 8.45x | 7.32x | 5.70x | 17.64x |
| Nordson Corporation (NDSN)vs › | $18.05B | 7.16x | 7.37x | 14.35x | 15.40x |
| Sterling Infrastructure, Inc. (STRL)vs › | $15.61B | 20.90x | 15.79x | 11.60x | 9.19x |
Interest Coverage
11.2x
Debt/Equity
0.47
Current Ratio
3.05
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 | 13.24x |
| 2026-03-31 | 10.78x |
| 2025-12-31 | 11.48x |
| 2025-09-30 | 11.26x |
| 2025-06-30 | 12.19x |
| 2025-03-31 | 9.95x |
| 2024-12-31 | 10.20x |
| 2024-09-30 | 17.14x |
| 2024-06-30 | 23.02x |
| 2024-03-31 | 17.40x |
| 2023-12-31 | 14.23x |
| 2023-09-30 | 13.54x |
| 2023-06-30 | 15.50x |
| 2023-03-31 | 14.72x |
| 2022-12-31 | 15.40x |
| 2022-09-30 | 23.19x |
| 2022-06-30 | 20.12x |
| 2022-03-31 | 19.91x |
| 2021-12-31 | 54.48x |
| 2021-09-30 | 18.34x |
| 2021-06-30 | 12.02x |
| 2021-03-31 | 13.68x |
| 2020-12-31 | 12.46x |
| 2020-09-30 | 11.77x |
| 2020-06-30 | 7.59x |
| 2019-12-31 | 14.92x |
| 2019-09-30 | 15.81x |
| 2019-06-30 | 12.53x |
| 2019-03-31 | 11.84x |
| 2018-12-31 | 11.45x |
| 2018-09-30 | 11.92x |
| 2018-06-30 | 11.80x |
| 2018-03-31 | 11.01x |
| 2017-12-31 | 10.32x |
| 2017-09-30 | 9.97x |
| 2017-06-30 | 9.67x |
| 2017-03-31 | 9.11x |
| 2016-12-31 | 8.05x |
| 2016-09-30 | 8.61x |
| 2016-06-30 | 10.08x |
| 2016-03-31 | 9.78x |
| 2015-12-31 | 9.61x |
| 2015-09-30 | 11.91x |
| 2015-06-30 | 10.38x |
| 2015-03-31 | 9.60x |
| 2014-12-31 | 8.93x |
| 2014-09-30 | 10.60x |
| 2014-06-30 | 10.77x |
| 2014-03-31 | 10.89x |
| 2013-12-31 | 9.91x |
| 2013-09-30 | 9.21x |
| 2013-06-30 | 9.40x |
| 2013-03-31 | 8.97x |
| 2012-12-31 | -11.94x |
| 2012-09-30 | 7.65x |
| 2012-06-30 | 8.41x |
| 2012-03-31 | 7.93x |
| 2011-12-31 | 9.05x |
| 2011-09-30 | 9.19x |
| 2011-06-30 | 11.85x |
| 2011-03-31 | 12.04x |
| 2010-12-31 | 13.32x |
| 2010-09-30 | 15.00x |
| 2010-06-30 | 17.44x |
| 2010-03-31 | 16.86x |
| 2009-12-31 | 13.22x |
| 2009-09-30 | 11.77x |
| 2009-06-30 | 10.53x |
| 2009-03-31 | 8.12x |
| 2008-12-31 | 2.18x |
| 2008-09-30 | 7.62x |
| 2008-06-30 | 18.04x |
| 2008-03-31 | 12.02x |
