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 1.69x is in line with its 5-year average of 1.59x, near the low end of its 5-year range (1.24x–2.88x).
11.99% above its 12-month average of 1.51x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.67x.
INTEREST COVERAGE RATIO
1.69x
INTEREST COVERAGE RATIO AVG TTM
1.51x
INTEREST COVERAGE RATIO AVG 3Y
1.45x
INTEREST COVERAGE RATIO AVG 5Y
1.59x
INTEREST COVERAGE RATIO AVG 10Y
1.65x
INTEREST COVERAGE RATIO AVG 15Y
1.82x
INTEREST COVERAGE RATIO AVG 20Y
1.93x
CURRENT VS TTM AVG
+11.99%
CURRENT VS 3Y AVG
+16.84%
CURRENT VS 5Y AVG
+6.36%
CURRENT VS 10Y AVG
+2.46%
CURRENT VS 15Y AVG
-7.39%
CURRENT VS 20Y AVG
-12.49%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-35.74%
vs the sector median at left
Iron Mountain Incorporated
Market Cap
$33.14B
Interest Coverage Ratio
1.69x
TTM Avg
1.51x
3Y Avg
1.45x
5Y Avg
1.59x
Market Cap
$29.65B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$28.17B
Interest Coverage Ratio
2.34x
TTM Avg
2.28x
3Y Avg
3.00x
5Y Avg
3.63x
Market Cap
$39.02B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$25.90B
Interest Coverage Ratio
4.33x
TTM Avg
4.31x
3Y Avg
3.93x
5Y Avg
3.73x
Market Cap
$42.12B
Interest Coverage Ratio
1.35x
TTM Avg
1.24x
3Y Avg
1.06x
5Y Avg
1.07x
Market Cap
$23.87B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$17.62B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$17.45B
Interest Coverage Ratio
3.24x
TTM Avg
3.12x
3Y Avg
2.91x
5Y Avg
2.74x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iron Mountain Incorporated (IRM) | $33.14B | 1.69x | 1.51x | 1.45x | 1.59x |
| Crown Castle Inc. (CCI)vs › | $29.65B | 2.17x | 2.17x | 2.89x | 2.96x |
| Extra Space Storage Inc. (EXR)vs › | $28.17B | 2.34x | 2.28x | 3.00x | 3.63x |
| CBRE Group, Inc. (CBRE)vs › | $39.02B | 5.80x | 6.19x | 10.45x | 14.77x |
| VICI Properties Inc. (VICI)vs › | $25.90B | 4.33x | 4.31x | 3.93x | 3.73x |
| Ventas, Inc. (VTR)vs › | $42.12B | 1.35x | 1.24x | 1.06x | 1.07x |
| Equity Residential (EQR)vs › | $23.87B | 4.75x | 5.56x | 5.56x | 5.56x |
| SBA Communications Corporation (SBAC)vs › | $17.62B | 2.93x | 2.93x | 2.93x | 2.93x |
| Essex Property Trust, Inc. (ESS)vs › | $17.45B | 3.24x | 3.12x | 2.91x | 2.74x |
| Invitation Homes Inc. (INVH)vs › | $15.81B | 2.10x | 2.06x | 2.09x | 1.90x |
Interest Coverage
1.7x
Debt/Equity
N/A
Current Ratio
0.73
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 | 1.67x |
| 2026-03-31 | 1.77x |
| 2025-12-31 | 1.45x |
| 2025-09-30 | 1.42x |
| 2025-06-30 | 1.24x |
| 2025-03-31 | 1.28x |
| 2024-12-31 | 1.38x |
| 2024-09-30 | 1.34x |
| 2024-06-30 | 1.30x |
| 2024-03-31 | 1.46x |
| 2023-12-31 | 1.52x |
| 2023-09-30 | 1.52x |
| 2023-06-30 | 1.45x |
| 2023-03-31 | 1.72x |
| 2022-12-31 | 1.82x |
| 2022-09-30 | 2.35x |
| 2022-06-30 | 2.55x |
| 2022-03-31 | 1.94x |
| 2021-12-31 | 1.85x |
| 2021-09-30 | 1.71x |
| 2021-06-30 | 2.88x |
| 2021-03-31 | 1.59x |
| 2020-12-31 | 3.98x |
| 2020-09-30 | 2.25x |
| 2020-06-30 | 1.24x |
| 2020-03-31 | 1.28x |
| 2019-12-31 | 1.93x |
| 2019-09-30 | 2.06x |
| 2019-06-30 | 1.81x |
| 2019-03-31 | 1.55x |
| 2018-12-31 | 1.79x |
| 2018-09-30 | 1.86x |
| 2018-06-30 | 1.93x |
| 2018-03-31 | 1.66x |
| 2017-12-31 | 1.71x |
| 2017-09-30 | 1.93x |
| 2017-06-30 | 1.78x |
| 2017-03-31 | 1.67x |
| 2016-12-31 | 1.59x |
| 2016-09-30 | 1.59x |
| 2016-06-30 | 1.25x |
| 2016-03-31 | 1.90x |
| 2015-12-31 | 1.79x |
| 2015-09-30 | 1.91x |
| 2015-06-30 | 1.94x |
| 2015-03-31 | 2.21x |
| 2014-09-30 | 2.20x |
| 2014-06-30 | 2.32x |
| 2014-03-31 | 2.08x |
| 2013-12-31 | 1.48x |
| 2013-09-30 | 2.13x |
| 2013-06-30 | 2.09x |
| 2013-03-31 | 1.94x |
| 2012-12-31 | 1.60x |
| 2012-09-30 | 2.51x |
| 2012-06-30 | 2.73x |
| 2012-03-31 | 2.41x |
| 2011-12-31 | 3.01x |
| 2011-09-30 | 2.68x |
| 2011-06-30 | 3.04x |
| 2011-03-31 | 2.81x |
| 2010-12-31 | 2.33x |
| 2010-09-30 | 1.92x |
| 2010-06-30 | 2.78x |
| 2010-03-31 | 2.35x |
| 2009-12-31 | 2.52x |
| 2009-09-30 | 2.40x |
| 2009-06-30 | 2.48x |
| 2009-03-31 | 2.15x |
| 2008-12-31 | 0.53x |
| 2008-09-30 | 2.29x |
| 2008-06-30 | 2.07x |
| 2008-03-31 | 1.77x |
| 2007-12-31 | 0.50x |
| 2007-09-30 | 2.24x |
| 2007-06-30 | 1.82x |
| 2007-03-31 | 1.98x |
| 2006-12-31 | 0.62x |
| 2006-09-30 | 1.92x |
| 2006-06-30 | 2.18x |
| 2006-03-31 | 1.98x |
| 2005-12-31 | 0.52x |
| 2005-09-30 | 2.31x |
| 2005-06-30 | 2.05x |
| 2005-03-31 | 1.99x |
| 2004-12-31 | 0.47x |
| 2004-09-30 | 1.57x |
| 2004-06-30 | 2.04x |
| 2004-03-31 | 1.97x |
| 2003-12-31 | 0.58x |
| 2003-09-30 | 1.99x |
| 2003-06-30 | 1.89x |
| 2003-03-31 | 2.03x |
| 2002-12-31 | 0.51x |
| 2002-09-30 | 1.83x |
