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 553.04x is 55% above its 5-year average of 357.50x, around the middle of its 5-year range (-727.75x–1201.20x).
24.91% below its 12-month average of 736.49x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1201.20x.
INTEREST COVERAGE RATIO
553.04x
INTEREST COVERAGE RATIO AVG TTM
736.49x
INTEREST COVERAGE RATIO AVG 3Y
499.70x
INTEREST COVERAGE RATIO AVG 5Y
357.50x
INTEREST COVERAGE RATIO AVG 10Y
232.34x
INTEREST COVERAGE RATIO AVG 15Y
131.89x
INTEREST COVERAGE RATIO AVG 20Y
96.59x
CURRENT VS TTM AVG
-24.91%
CURRENT VS 3Y AVG
+10.67%
CURRENT VS 5Y AVG
+54.70%
CURRENT VS 10Y AVG
+138.03%
CURRENT VS 15Y AVG
+319.33%
CURRENT VS 20Y AVG
+472.59%
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+7932.53%
vs the sector median at left
Incyte Corporation
Market Cap
$25.40B
Interest Coverage Ratio
553.04x
TTM Avg
736.49x
3Y Avg
499.70x
5Y Avg
357.50x
Market Cap
$25.49B
Interest Coverage Ratio
1029.00x
TTM Avg
617.01x
3Y Avg
353.82x
5Y Avg
258.97x
Market Cap
$26.30B
Interest Coverage Ratio
6.77x
TTM Avg
5.99x
3Y Avg
5.91x
5Y Avg
8.30x
Market Cap
$24.13B
Interest Coverage Ratio
-45.74x
TTM Avg
444.02x
3Y Avg
1201.03x
5Y Avg
1201.03x
Market Cap
$26.75B
Interest Coverage Ratio
2.72x
TTM Avg
2.21x
3Y Avg
1.60x
5Y Avg
1.60x
Market Cap
$27.20B
Interest Coverage Ratio
5.79x
TTM Avg
5.88x
3Y Avg
7.29x
5Y Avg
9.45x
Market Cap
$28.14B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
Market Cap
$28.97B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$21.00B
Interest Coverage Ratio
77.81x
TTM Avg
54.95x
3Y Avg
40.03x
5Y Avg
35.88x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incyte Corporation (INCY) | $25.40B | 553.04x | 736.49x | 499.70x | 357.50x |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.49B | 1029.00x | 617.01x | 353.82x | 258.97x |
| Labcorp Holdings Inc. (LH)vs › | $26.30B | 6.77x | 5.99x | 5.91x | 8.30x |
| BioNTech SE (BNTX)vs › | $24.13B | -45.74x | 444.02x | 1201.03x | 1201.03x |
| Medline Inc. (MDLN)vs › | $26.75B | 2.72x | 2.21x | 1.60x | 1.60x |
| Quest Diagnostics Incorporated (DGX)vs › | $27.20B | 5.79x | 5.88x | 7.29x | 9.45x |
| Mettler-Toledo International Inc. (MTD)vs › | $28.14B | 16.32x | 15.71x | 16.43x | 18.17x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.97B | 6.14x | 5.67x | 11.29x | 26.04x |
| United Therapeutics Corporation (UTHR)vs › | $21.00B | 77.81x | 54.95x | 40.03x | 35.88x |
| Zoetis Inc. (ZTS)vs › | $29.95B | 14.80x | 14.41x | 13.27x | 12.34x |
Interest Coverage
553.0x
Debt/Equity
0.01
Current Ratio
4.66
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 | 1201.20x |
| 2026-03-31 | 569.72x |
| 2025-12-31 | 659.73x |
| 2025-09-30 | 728.54x |
| 2025-06-30 | 523.25x |
| 2025-03-31 | 328.36x |
| 2024-12-31 | 709.70x |
| 2024-09-30 | 188.74x |
| 2024-06-30 | -727.75x |
| 2024-03-31 | 213.72x |
| 2023-12-31 | 232.92x |
| 2023-09-30 | 344.63x |
| 2023-06-30 | 295.85x |
| 2023-03-31 | 52.81x |
| 2022-12-31 | 105.09x |
| 2022-09-30 | 215.88x |
| 2022-06-30 | 375.27x |
| 2022-03-31 | 171.38x |
| 2021-12-31 | 147.25x |
| 2021-09-30 | 536.24x |
| 2021-06-30 | 393.40x |
| 2021-03-31 | 275.20x |
| 2020-12-31 | 383.71x |
| 2020-09-30 | 9.79x |
| 2020-06-30 | 384.62x |
| 2020-03-31 | -1103.00x |
| 2019-12-31 | 156.52x |
| 2019-09-30 | 224.98x |
| 2019-06-30 | 312.06x |
| 2019-03-31 | 221.10x |
| 2018-12-31 | 230.92x |
| 2018-09-30 | 76.84x |
| 2018-06-30 | 209.14x |
| 2018-03-31 | -174.31x |
| 2017-12-31 | -355.46x |
| 2017-09-30 | 73.62x |
| 2017-06-30 | 18.90x |
| 2017-03-31 | -22.44x |
| 2016-12-31 | 4.44x |
| 2016-09-30 | 2.35x |
| 2016-06-30 | 4.61x |
| 2016-03-31 | 3.56x |
| 2015-12-31 | 6.37x |
| 2015-09-30 | -0.01x |
| 2015-06-30 | -0.64x |
| 2015-03-31 | -0.55x |
| 2014-12-31 | -2.05x |
| 2014-09-30 | 6.10x |
| 2014-06-30 | -2.30x |
| 2014-03-31 | -2.00x |
| 2013-12-31 | -1.81x |
| 2013-09-30 | -1.71x |
| 2013-06-30 | 1.68x |
| 2013-03-31 | -0.35x |
| 2012-12-31 | 2.57x |
| 2012-09-30 | -0.88x |
| 2012-06-30 | 1.33x |
| 2012-03-31 | -3.03x |
| 2011-12-31 | -3.96x |
| 2011-09-30 | -3.82x |
| 2011-06-30 | -3.78x |
| 2011-03-31 | -1.47x |
| 2010-12-31 | 3.98x |
| 2010-09-30 | -2.10x |
| 2010-06-30 | 1.31x |
| 2010-03-31 | -1.68x |
| 2009-12-31 | -3.27x |
| 2009-09-30 | -4.83x |
| 2009-06-30 | -4.49x |
| 2009-03-31 | -5.40x |
| 2008-12-31 | -8.04x |
| 2008-09-30 | -6.36x |
| 2008-03-31 | -5.85x |
| 2007-12-31 | -1.22x |
| 2006-12-31 | -0.95x |
| 2005-12-31 | -2.12x |
| 2005-09-30 | -10.97x |
| 2005-03-31 | -8.36x |
| 2004-12-31 | -9.57x |
| 2003-06-30 | -10.77x |
| 2002-12-31 | -1.99x |