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 2.57x is 26% below its 5-year average of 3.45x, near the low end of its 5-year range (2.57x–5.76x).
As of the fiscal period ended Tuesday, June 30, 2026. 12.90% below its 12-month average of 2.95x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.57x
INTEREST COVERAGE RATIO AVG TTM
2.95x
INTEREST COVERAGE RATIO AVG 3Y
3.04x
INTEREST COVERAGE RATIO AVG 5Y
3.14x
INTEREST COVERAGE RATIO AVG 10Y
2.69x
INTEREST COVERAGE RATIO AVG 15Y
3.52x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-12.90%
CURRENT VS 3Y AVG
-15.64%
CURRENT VS 5Y AVG
-18.32%
CURRENT VS 10Y AVG
-4.46%
CURRENT VS 15Y AVG
-27.11%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
-62.06%
vs the sector median at left
IQVIA Holdings Inc.
Market Cap
$38.68B
Interest Coverage Ratio
2.57x
TTM Avg
2.95x
3Y Avg
3.04x
5Y Avg
3.14x
Market Cap
$39.08B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$44.10B
Interest Coverage Ratio
35.54x
TTM Avg
35.85x
3Y Avg
30.16x
5Y Avg
28.81x
Market Cap
$33.22B
Interest Coverage Ratio
2.72x
TTM Avg
2.21x
3Y Avg
1.60x
5Y Avg
1.60x
Market Cap
$32.40B
Interest Coverage Ratio
14.80x
TTM Avg
14.41x
3Y Avg
13.27x
5Y Avg
12.34x
Market Cap
$32.20B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
Market Cap
$30.74B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
Market Cap
$30.72B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IQVIA Holdings Inc. (IQV) | $38.68B | 2.57x | 2.95x | 3.04x | 3.14x |
| Agilent Technologies, Inc. (A)vs › | $39.08B | 13.21x | 14.36x | 15.54x | 14.94x |
| Humana Inc. (HUM)vs › | $43.67B | 2.30x | 2.38x | 5.10x | 7.90x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $44.10B | 35.54x | 35.85x | 30.16x | 28.81x |
| Medline Inc. (MDLN)vs › | $33.22B | 2.72x | 2.21x | 1.60x | 1.60x |
| Zoetis Inc. (ZTS)vs › | $32.40B | 14.80x | 14.41x | 13.27x | 12.34x |
| DexCom, Inc. (DXCM)vs › | $32.20B | 49.83x | 40.70x | 32.97x | 24.93x |
| Centene Corp. (CNC)vs › | $30.74B | -11.24x | 4.28x | 3.30x | 3.63x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 6.14x | 5.67x | 11.29x | 26.04x |
| ResMed Inc. (RMD)vs › | $30.60B | 133.66x | 81.27x | 57.81x | 48.16x |
Interest Coverage
2.6x
Debt/Equity
2.49
Current Ratio
0.75
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 | 2.57x |
| 2026-03-31 | 2.68x |
| 2025-12-31 | 3.79x |
| 2025-09-30 | 2.93x |
| 2025-06-30 | 2.78x |
| 2025-03-31 | 3.01x |
| 2024-12-31 | 3.66x |
| 2024-09-30 | 3.24x |
| 2024-06-30 | 3.36x |
| 2024-03-31 | 3.05x |
| 2023-12-31 | 2.77x |
| 2023-09-30 | 2.66x |
| 2023-06-30 | 3.10x |
| 2023-03-31 | 3.34x |
| 2022-12-31 | 2.96x |
| 2022-09-30 | 4.37x |
| 2022-06-30 | 4.98x |
| 2022-03-31 | 5.76x |
| 2021-12-31 | 5.20x |
| 2021-09-30 | 3.28x |
| 2021-06-30 | 3.06x |
| 2021-03-31 | 3.45x |
| 2020-12-31 | 2.83x |
| 2020-09-30 | 1.87x |
| 2020-06-30 | 0.75x |
| 2020-03-31 | 1.82x |
| 2019-12-31 | 1.52x |
| 2019-09-30 | 1.97x |
| 2019-06-30 | 1.73x |
| 2019-03-31 | 1.91x |
| 2018-12-31 | 1.95x |
| 2018-09-30 | 1.72x |
| 2018-06-30 | 1.59x |
| 2018-03-31 | 1.91x |
| 2017-12-31 | 2.09x |
| 2017-09-30 | 2.12x |
| 2017-06-30 | 1.86x |
| 2017-03-31 | 2.24x |
| 2016-12-31 | 2.03x |
| 2016-09-30 | 6.85x |
| 2016-06-30 | 6.70x |
| 2016-03-31 | 6.89x |
| 2015-12-31 | 6.97x |
| 2015-09-30 | 6.57x |
| 2015-06-30 | 6.21x |
| 2015-03-31 | 5.65x |
| 2014-12-31 | 6.10x |
| 2014-09-30 | 5.95x |
| 2014-06-30 | 5.69x |
| 2014-03-31 | 5.72x |
| 2013-12-31 | 4.73x |
| 2013-09-30 | 4.36x |
| 2013-06-30 | 2.98x |
| 2013-03-31 | 3.20x |
| 2012-12-31 | 2.46x |
| 2012-09-30 | 3.26x |
| 2012-06-30 | 3.05x |
| 2012-03-31 | 3.13x |