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 8.55x is 1124% above its 5-year average of 0.70x, near the high end of its 5-year range (-609.50x–30.67x).
3.00% below its 12-month average of 8.81x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2026 (2026-03-29): 8.71x.
INTEREST COVERAGE RATIO
8.55x
INTEREST COVERAGE RATIO AVG TTM
8.81x
INTEREST COVERAGE RATIO AVG 3Y
4.51x
INTEREST COVERAGE RATIO AVG 5Y
0.70x
INTEREST COVERAGE RATIO AVG 10Y
11.67x
INTEREST COVERAGE RATIO AVG 15Y
10.95x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.00%
CURRENT VS 3Y AVG
+89.51%
CURRENT VS 5Y AVG
+1124.45%
CURRENT VS 10Y AVG
-26.72%
CURRENT VS 15Y AVG
-21.90%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.80x
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+25.74%
vs the sector median at left
Illumina, Inc.
Market Cap
$41.48B
Interest Coverage Ratio
8.55x
TTM Avg
8.81x
3Y Avg
4.51x
5Y Avg
0.70x
Market Cap
$41.87B
Interest Coverage Ratio
12.84x
TTM Avg
11.03x
3Y Avg
12.05x
5Y Avg
13.28x
Market Cap
$40.89B
Interest Coverage Ratio
35.54x
TTM Avg
35.85x
3Y Avg
30.16x
5Y Avg
28.81x
Market Cap
$42.60B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$45.97B
Interest Coverage Ratio
2.35x
TTM Avg
2.35x
3Y Avg
1.39x
5Y Avg
1.57x
Market Cap
$46.78B
Interest Coverage Ratio
2.30x
TTM Avg
2.38x
3Y Avg
5.10x
5Y Avg
7.90x
Market Cap
$47.49B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$48.68B
Interest Coverage Ratio
4.21x
TTM Avg
4.38x
3Y Avg
4.79x
5Y Avg
4.28x
Market Cap
$49.07B
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 |
|---|---|---|---|---|---|
| Illumina, Inc. (ILMN) | $41.48B | 8.55x | 8.81x | 4.51x | 0.70x |
| Waters Corporation (WAT)vs › | $41.87B | 12.84x | 11.03x | 12.05x | 13.28x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $40.89B | 35.54x | 35.85x | 30.16x | 28.81x |
| IQVIA Holdings Inc. (IQV)vs › | $42.60B | 3.14x | 3.21x | 3.42x | 3.19x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.97B | 2.35x | 2.35x | 1.39x | 1.57x |
| Humana Inc. (HUM)vs › | $46.78B | 2.30x | 2.38x | 5.10x | 7.90x |
| Agilent Technologies, Inc. (A)vs › | $47.49B | 13.21x | 14.36x | 15.54x | 14.94x |
| Becton, Dickinson and Company (BDX)vs › | $48.68B | 4.21x | 4.38x | 4.79x | 4.28x |
| Edwards Lifesciences Corporation (EW)vs › | $49.07B | N/A | 75.36x | 70.16x | 63.82x |
| Biogen Inc. (BIIB)vs › | $32.50B | 7.63x | 8.79x | 9.45x | 11.57x |
Interest Coverage
8.6x
Debt/Equity
0.89
Current Ratio
1.80
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 |
|---|---|
| 2026-03-29 | 8.71x |
| 2025-12-28 | 9.88x |
| 2025-09-28 | 9.24x |
| 2025-06-29 | 8.88x |
| 2025-03-30 | 7.36x |
| 2024-12-29 | 8.08x |
| 2024-09-29 | 20.58x |
| 2024-06-30 | -81.85x |
| 2024-03-31 | -6.17x |
| 2023-12-31 | -9.11x |
| 2023-10-01 | -39.68x |
| 2023-07-02 | -4.63x |
| 2023-04-02 | -3.20x |
| 2022-12-31 | -14.11x |
| 2022-10-02 | -609.50x |
| 2022-07-03 | -96.50x |
| 2022-04-03 | 30.67x |
| 2021-12-31 | 3.15x |
| 2021-10-03 | -38.93x |
| 2021-07-04 | 11.69x |
| 2021-04-04 | 10.16x |
| 2020-12-31 | 8.31x |
| 2020-09-27 | 14.73x |
| 2020-06-28 | 8.73x |
| 2020-03-29 | 17.18x |
| 2019-12-31 | 24.36x |
| 2019-09-29 | 28.00x |
| 2019-06-30 | 13.67x |
| 2019-03-31 | 13.60x |
| 2018-12-31 | 9.85x |
| 2018-09-30 | 16.07x |
| 2018-07-01 | 20.64x |
| 2018-04-01 | 19.82x |
| 2017-12-31 | 20.91x |
| 2017-10-01 | 18.10x |
| 2017-07-02 | 17.88x |
| 2017-04-02 | 6.50x |
| 2016-12-31 | 17.23x |
| 2016-10-02 | 17.89x |
| 2016-07-03 | 20.25x |
| 2016-04-03 | 15.13x |
| 2015-12-31 | 20.78x |
| 2015-09-27 | 10.98x |
| 2015-06-28 | 13.56x |
| 2015-03-29 | 15.78x |
| 2014-12-31 | 18.32x |
| 2014-09-28 | 10.88x |
| 2014-06-29 | 10.10x |
| 2014-03-30 | 9.45x |
| 2013-12-31 | 7.42x |
| 2013-09-29 | 4.57x |
| 2013-06-30 | 5.97x |
| 2013-03-31 | -4.63x |
| 2012-12-31 | 6.19x |
| 2012-09-30 | 5.15x |
| 2012-07-01 | 4.52x |
| 2012-04-01 | 5.39x |
| 2011-12-31 | 2.97x |
| 2011-10-02 | 4.18x |
| 2011-07-03 | 7.01x |
| 2011-04-03 | 9.39x |
| 2010-12-31 | 10.87x |
| 2010-10-03 | 9.26x |
| 2010-07-04 | 7.73x |
| 2010-04-04 | 6.42x |
| 2009-09-27 | 4.91x |
| 2009-06-28 | 6.32x |
| 2009-03-29 | 6.07x |
