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 1.77x is 11% above its 5-year average of 1.58x, around the middle of its 5-year range (1.24x–2.88x).
As of the fiscal period ended Tuesday, March 31, 2026. 23.37% above its 12-month average of 1.43x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1.77x
INTEREST COVERAGE RATIO AVG TTM
1.43x
INTEREST COVERAGE RATIO AVG 3Y
1.45x
INTEREST COVERAGE RATIO AVG 5Y
1.58x
INTEREST COVERAGE RATIO AVG 10Y
1.68x
INTEREST COVERAGE RATIO AVG 15Y
1.88x
INTEREST COVERAGE RATIO AVG 20Y
1.94x
CURRENT VS TTM AVG
+23.37%
CURRENT VS 3Y AVG
+21.78%
CURRENT VS 5Y AVG
+11.42%
CURRENT VS 10Y AVG
+5.21%
CURRENT VS 15Y AVG
-6.32%
CURRENT VS 20Y AVG
-8.75%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-32.86%
vs the sector median at left
Iron Mountain Incorporated
Market Cap
$36.41B
Interest Coverage Ratio
1.77x
TTM Avg
1.43x
3Y Avg
1.45x
5Y Avg
1.58x
Market Cap
$32.18B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$30.96B
Interest Coverage Ratio
2.34x
TTM Avg
2.28x
3Y Avg
3.00x
5Y Avg
3.63x
Market Cap
$42.29B
Interest Coverage Ratio
1.35x
TTM Avg
1.24x
3Y Avg
1.06x
5Y Avg
1.07x
Market Cap
$42.72B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$28.61B
Interest Coverage Ratio
4.46x
TTM Avg
4.38x
3Y Avg
3.96x
5Y Avg
3.75x
Market Cap
$25.95B
Interest Coverage Ratio
3.53x
TTM Avg
3.79x
3Y Avg
3.82x
5Y Avg
3.56x
Market Cap
$24.41B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$19.30B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iron Mountain Incorporated (IRM) | $36.41B | 1.77x | 1.43x | 1.45x | 1.58x |
| Crown Castle Inc. (CCI)vs › | $32.18B | 2.17x | 2.17x | 2.89x | 2.96x |
| Extra Space Storage Inc. (EXR)vs › | $30.96B | 2.34x | 2.28x | 3.00x | 3.63x |
| Ventas, Inc. (VTR)vs › | $42.29B | 1.35x | 1.24x | 1.06x | 1.07x |
| CBRE Group, Inc. (CBRE)vs › | $42.72B | 5.80x | 6.19x | 10.45x | 14.77x |
| VICI Properties Inc. (VICI)vs › | $28.61B | 4.46x | 4.38x | 3.96x | 3.75x |
| AvalonBay Communities, Inc. (AVB)vs › | $25.95B | 3.53x | 3.79x | 3.82x | 3.56x |
| Equity Residential (EQR)vs › | $24.41B | 4.75x | 5.56x | 5.56x | 5.56x |
| SBA Communications Corporation (SBAC)vs › | $19.30B | 2.93x | 2.93x | 2.93x | 2.93x |
| Essex Property Trust, Inc. (ESS)vs › | $18.15B | 3.24x | 3.12x | 2.91x | 2.74x |
Interest Coverage
1.8x
Debt/Equity
-16.23
Current Ratio
3.72
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 |
|---|---|
| 2026-03-31 | 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 |
