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 18.01x is 78% above its 5-year average of 10.10x, near the high end of its 5-year range (-39.52x–23.42x).
377.50% above its 12-month average of 3.77x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): 13.90x.
INTEREST COVERAGE RATIO
18.01x
INTEREST COVERAGE RATIO AVG TTM
3.77x
INTEREST COVERAGE RATIO AVG 3Y
10.93x
INTEREST COVERAGE RATIO AVG 5Y
10.10x
INTEREST COVERAGE RATIO AVG 10Y
7.54x
INTEREST COVERAGE RATIO AVG 15Y
7.49x
INTEREST COVERAGE RATIO AVG 20Y
7.57x
CURRENT VS TTM AVG
+377.50%
CURRENT VS 3Y AVG
+64.80%
CURRENT VS 5Y AVG
+78.36%
CURRENT VS 10Y AVG
+138.85%
CURRENT VS 15Y AVG
+140.33%
CURRENT VS 20Y AVG
+137.84%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+97.37%
vs the sector median at left
Johnson Controls International plc
Market Cap
$88.44B
Interest Coverage Ratio
18.01x
TTM Avg
3.77x
3Y Avg
10.93x
5Y Avg
10.10x
Market Cap
$78.49B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$77.73B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$102.17B
Interest Coverage Ratio
17.05x
TTM Avg
19.29x
3Y Avg
15.97x
5Y Avg
13.34x
Market Cap
$73.19B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$69.99B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$64.95B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$64.90B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson Controls International plc (JCI) | $88.44B | 18.01x | 3.77x | 10.93x | 10.10x |
| The Sherwin-Williams Company (SHW)vs › | $78.49B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $77.73B | 12.08x | 9.90x | 8.00x | 7.79x |
| Freeport-McMoRan Inc. (FCX)vs › | $102.17B | 17.05x | 19.29x | 15.97x | 13.34x |
| Barrick Mining Corporation (B)vs › | $73.19B | 22.63x | 16.58x | 12.59x | 12.71x |
| Wheaton Precious Metals Corp. (WPM)vs › | $69.99B | 276.45x | 194.16x | 143.86x | 122.90x |
| Vale S.A. (VALE)vs › | $64.95B | 7.12x | 8.31x | 10.42x | 10.10x |
| Air Products and Chemicals, Inc. (APD)vs › | $64.90B | -4.10x | 17.23x | 17.20x | 17.49x |
| CRH plc (CRH)vs › | $59.17B | 6.57x | 7.45x | 9.95x | 8.88x |
| Nucor Corporation (NUE)vs › | $59.08B | 15.64x | 14.36x | 18.01x | 31.83x |
Interest Coverage
18.0x
Debt/Equity
0.70
Current Ratio
0.97
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 | 13.90x |
| 2026-03-31 | 12.00x |
| 2025-12-31 | 17.41x |
| 2025-09-30 | -39.52x |
| 2025-06-30 | 15.07x |
| 2025-03-31 | 11.46x |
| 2024-12-31 | 7.87x |
| 2024-09-30 | 7.91x |
| 2024-06-30 | 9.27x |
| 2024-03-31 | -0.89x |
| 2023-12-31 | 7.08x |
| 2023-09-30 | 6.64x |
| 2023-06-30 | 23.42x |
| 2023-03-31 | 6.96x |
| 2022-12-31 | 3.26x |
| 2022-09-30 | 9.02x |
| 2022-06-30 | 13.73x |
| 2022-03-31 | 8.18x |
| 2021-12-31 | 3.44x |
| 2021-09-30 | 8.18x |
| 2021-06-30 | 18.04x |
| 2021-03-31 | 4.27x |
| 2020-12-31 | 16.19x |
| 2020-09-30 | 6.09x |
| 2020-06-30 | 5.79x |
| 2020-03-31 | 6.39x |
| 2019-12-31 | 3.03x |
| 2019-09-30 | 0.29x |
| 2019-06-30 | 10.71x |
| 2019-03-31 | 3.61x |
| 2018-12-31 | 3.82x |
| 2018-09-30 | 3.71x |
| 2018-06-30 | 7.95x |
| 2018-03-31 | 3.17x |
| 2017-12-31 | 2.44x |
| 2017-09-30 | 16.84x |
| 2017-06-30 | 4.52x |
| 2017-03-31 | 4.04x |
| 2016-12-31 | 3.68x |
| 2016-09-30 | 1.47x |
| 2016-06-24 | 7.98x |
| 2016-03-25 | 5.97x |
| 2015-12-25 | 5.69x |
| 2015-09-30 | 7.23x |
| 2015-06-26 | 10.15x |
| 2015-03-27 | 8.31x |
| 2014-12-26 | 8.51x |
| 2014-09-30 | 7.03x |
| 2014-06-27 | 8.13x |
| 2014-03-28 | 9.29x |
| 2013-12-27 | 8.93x |
| 2013-09-30 | 21.18x |
| 2013-06-28 | 8.76x |
| 2013-03-29 | 5.75x |
| 2012-12-28 | 7.22x |
| 2012-09-30 | 2.47x |
| 2012-06-29 | 9.47x |
| 2012-03-30 | 7.98x |
| 2011-12-30 | 10.22x |
| 2011-09-30 | 12.08x |
| 2011-06-24 | 10.60x |
| 2011-03-25 | 10.00x |
| 2010-12-24 | 13.34x |
| 2010-09-30 | 9.55x |
| 2010-06-25 | 11.38x |
| 2010-03-26 | 8.74x |
| 2009-12-25 | 10.09x |
| 2009-09-30 | 5.31x |
| 2009-06-26 | 3.88x |
| 2009-03-27 | -2.63x |
| 2008-12-26 | -3.11x |
| 2008-06-27 | 8.81x |
| 2008-03-28 | 6.39x |
