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 1201.20x is 247% above its 5-year average of 346.00x, near the high end of its 5-year range (-727.75x–1201.20x).
As of the fiscal period ended Tuesday, June 30, 2026. 63.10% above its 12-month average of 736.49x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1201.20x
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
+63.10%
CURRENT VS 3Y AVG
+140.39%
CURRENT VS 5Y AVG
+236.00%
CURRENT VS 10Y AVG
+416.99%
CURRENT VS 15Y AVG
+810.79%
CURRENT VS 20Y AVG
+1143.67%
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+17643.00%
vs the sector median at left
Incyte Corporation
Market Cap
$24.28B
Interest Coverage Ratio
1201.20x
TTM Avg
736.49x
3Y Avg
499.70x
5Y Avg
357.50x
Market Cap
$24.72B
Interest Coverage Ratio
1029.00x
TTM Avg
617.01x
3Y Avg
353.82x
5Y Avg
258.97x
Market Cap
$23.16B
Interest Coverage Ratio
-45.74x
TTM Avg
444.02x
3Y Avg
1201.03x
5Y Avg
1201.03x
Market Cap
$25.74B
Interest Coverage Ratio
6.77x
TTM Avg
5.99x
3Y Avg
5.91x
5Y Avg
8.30x
Market Cap
$22.68B
Interest Coverage Ratio
18.15x
TTM Avg
14.10x
3Y Avg
10.28x
5Y Avg
10.20x
Market Cap
$26.03B
Interest Coverage Ratio
5.79x
TTM Avg
5.88x
3Y Avg
7.29x
5Y Avg
9.45x
Market Cap
$26.07B
Interest Coverage Ratio
12.84x
TTM Avg
11.03x
3Y Avg
12.05x
5Y Avg
13.28x
Market Cap
$22.32B
Interest Coverage Ratio
-307.40x
TTM Avg
531.75x
3Y Avg
531.75x
5Y Avg
531.75x
Market Cap
$22.03B
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) | $24.28B | 1201.20x | 736.49x | 499.70x | 357.50x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 1029.00x | 617.01x | 353.82x | 258.97x |
| BioNTech SE (BNTX)vs › | $23.16B | -45.74x | 444.02x | 1201.03x | 1201.03x |
| Labcorp Holdings Inc. (LH)vs › | $25.74B | 6.77x | 5.99x | 5.91x | 8.30x |
| STERIS plc (STE)vs › | $22.68B | 18.15x | 14.10x | 10.28x | 10.20x |
| Quest Diagnostics Incorporated (DGX)vs › | $26.03B | 5.79x | 5.88x | 7.29x | 9.45x |
| Waters Corporation (WAT)vs › | $26.07B | 12.84x | 11.03x | 12.05x | 13.28x |
| Moderna, Inc. (MRNA)vs › | $22.32B | -307.40x | 531.75x | 531.75x | 531.75x |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 77.81x | 54.95x | 40.03x | 35.88x |
| Viatris Inc. (VTRS)vs › | $20.55B | -5.65x | 0.68x | 1.36x | 1.37x |
Interest Coverage
1201.2x
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 |
