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 6.01x is 13% below its 5-year average of 6.94x, around the middle of its 5-year range (1.22x–10.22x).
As of the fiscal period ended Tuesday, June 30, 2026. 8.21% above its 12-month average of 5.55x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
6.01x
INTEREST COVERAGE RATIO AVG TTM
5.55x
INTEREST COVERAGE RATIO AVG 3Y
6.68x
INTEREST COVERAGE RATIO AVG 5Y
6.94x
INTEREST COVERAGE RATIO AVG 10Y
4.90x
INTEREST COVERAGE RATIO AVG 15Y
4.43x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.21%
CURRENT VS 3Y AVG
-10.04%
CURRENT VS 5Y AVG
-13.47%
CURRENT VS 10Y AVG
+22.68%
CURRENT VS 15Y AVG
+35.62%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-23.47%
vs the sector median at left
Ingersoll Rand Inc.
Market Cap
$32.70B
Interest Coverage Ratio
6.01x
TTM Avg
5.55x
3Y Avg
6.68x
5Y Avg
6.94x
Market Cap
$32.51B
Interest Coverage Ratio
5.64x
TTM Avg
5.13x
3Y Avg
5.54x
5Y Avg
6.16x
Market Cap
$36.90B
Interest Coverage Ratio
N/A
TTM Avg
203.40x
3Y Avg
134.26x
5Y Avg
99.82x
Market Cap
$28.03B
Interest Coverage Ratio
42.17x
TTM Avg
32.55x
3Y Avg
22.71x
5Y Avg
17.22x
Market Cap
$27.87B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$27.79B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
Market Cap
$27.69B
Interest Coverage Ratio
10.88x
TTM Avg
10.88x
3Y Avg
13.22x
5Y Avg
13.72x
Market Cap
$26.82B
Interest Coverage Ratio
N/A
TTM Avg
69.26x
3Y Avg
53.76x
5Y Avg
43.85x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ingersoll Rand Inc. (IR) | $32.70B | 6.01x | 5.55x | 6.68x | 6.94x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $32.51B | 5.64x | 5.13x | 5.54x | 6.16x |
| ATI Inc. (ATI)vs › | $31.35B | 5.73x | 5.32x | 4.62x | 3.94x |
| EMCOR Group, Inc. (EME)vs › | $36.90B | N/A | 203.40x | 134.26x | 99.82x |
| Xylem Inc. (XYL)vs › | $28.03B | 42.17x | 32.55x | 22.71x | 17.22x |
| Dover Corporation (DOV)vs › | $27.87B | 12.51x | 10.86x | 10.50x | 10.39x |
| nVent Electric plc (NVT)vs › | $27.79B | 8.22x | 6.60x | 7.23x | 6.83x |
| Otis Worldwide Corporation (OTIS)vs › | $27.69B | 10.88x | 10.88x | 13.22x | 13.72x |
| Copart, Inc. (CPRT)vs › | $26.82B | N/A | 69.26x | 53.76x | 43.85x |
| Hubbell Incorporated (HUBB)vs › | $26.79B | 18.99x | 16.89x | 19.09x | 15.72x |
Interest Coverage
6.0x
Debt/Equity
0.47
Current Ratio
1.62
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 | 6.01x |
| 2026-03-31 | 4.54x |
| 2025-12-31 | 10.22x |
| 2025-09-30 | 5.77x |
| 2025-06-30 | 1.22x |
| 2025-03-31 | 4.94x |
| 2024-12-31 | 6.13x |
| 2024-09-30 | 5.58x |
| 2024-06-30 | 5.35x |
| 2024-03-31 | 7.97x |
| 2023-12-31 | 8.91x |
| 2023-09-30 | 8.04x |
| 2023-06-30 | 6.68x |
| 2023-03-31 | 6.18x |
| 2022-12-31 | 7.93x |
| 2022-09-30 | 7.14x |
| 2022-06-30 | 8.51x |
| 2022-03-31 | 8.26x |
| 2021-12-31 | 7.24x |
| 2021-09-30 | 7.28x |
| 2021-06-30 | 6.17x |
| 2021-03-31 | 5.25x |
| 2020-12-31 | 5.34x |
| 2020-09-30 | 2.40x |
| 2020-06-30 | -1.46x |
| 2020-03-31 | -2.81x |
| 2019-12-31 | 2.28x |
| 2019-09-30 | 3.14x |
| 2019-06-30 | 3.33x |
| 2019-03-31 | 3.58x |
| 2018-12-31 | 5.81x |
| 2018-09-30 | 4.82x |
| 2018-06-30 | 3.89x |
| 2018-03-31 | 3.45x |
| 2017-12-31 | 3.08x |
| 2017-09-30 | 3.19x |
| 2017-06-30 | -2.57x |
| 2017-03-31 | 0.80x |
| 2016-12-31 | 0.93x |
| 2016-09-30 | 0.47x |
| 2016-06-30 | 0.61x |
| 2016-03-31 | 0.45x |
| 2012-09-30 | 23.83x |
