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 5.58x is 20% below its 5-year average of 6.94x, around the middle of its 5-year range (1.22x–10.22x).
0.50% above its 12-month average of 5.55x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 6.01x.
INTEREST COVERAGE RATIO
5.58x
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
+0.50%
CURRENT VS 3Y AVG
-16.45%
CURRENT VS 5Y AVG
-19.63%
CURRENT VS 10Y AVG
+13.94%
CURRENT VS 15Y AVG
+25.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-28.92%
vs the sector median at left
Ingersoll Rand Inc.
Market Cap
$29.77B
Interest Coverage Ratio
5.58x
TTM Avg
5.55x
3Y Avg
6.68x
5Y Avg
6.94x
Market Cap
$30.77B
Interest Coverage Ratio
5.64x
TTM Avg
5.13x
3Y Avg
5.54x
5Y Avg
6.16x
Market Cap
$26.59B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
Market Cap
$33.62B
Interest Coverage Ratio
N/A
TTM Avg
203.40x
3Y Avg
134.26x
5Y Avg
99.82x
Market Cap
$25.84B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$25.54B
Interest Coverage Ratio
N/A
TTM Avg
69.26x
3Y Avg
53.76x
5Y Avg
43.85x
Market Cap
$25.10B
Interest Coverage Ratio
10.88x
TTM Avg
10.88x
3Y Avg
13.22x
5Y Avg
13.72x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ingersoll Rand Inc. (IR) | $29.77B | 5.58x | 5.55x | 6.68x | 6.94x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $30.77B | 5.64x | 5.13x | 5.54x | 6.16x |
| Symbotic Inc. (SYM)vs › | $27.89B | N/A | N/A | N/A | N/A |
| nVent Electric plc (NVT)vs › | $26.59B | 8.22x | 6.60x | 7.23x | 6.83x |
| EMCOR Group, Inc. (EME)vs › | $33.62B | N/A | 203.40x | 134.26x | 99.82x |
| Dover Corporation (DOV)vs › | $25.84B | 12.51x | 10.86x | 10.50x | 10.39x |
| Copart, Inc. (CPRT)vs › | $25.54B | N/A | 69.26x | 53.76x | 43.85x |
| ATI Inc. (ATI)vs › | $25.31B | 5.73x | 5.32x | 4.62x | 3.94x |
| Otis Worldwide Corporation (OTIS)vs › | $25.10B | 10.88x | 10.88x | 13.22x | 13.72x |
| Axon Enterprise, Inc. (AXON)vs › | $34.67B | -0.66x | 15.52x | 15.52x | 15.52x |
Interest Coverage
5.6x
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 |
