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 12.00x is 65% above its 5-year average of 7.28x, near the high end of its 5-year range (-39.52x–23.42x).
As of the fiscal period ended Tuesday, March 31, 2026. 265.38% above its 12-month average of 3.28x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.00x
INTEREST COVERAGE RATIO AVG TTM
3.28x
INTEREST COVERAGE RATIO AVG 3Y
10.17x
INTEREST COVERAGE RATIO AVG 5Y
8.89x
INTEREST COVERAGE RATIO AVG 10Y
7.38x
INTEREST COVERAGE RATIO AVG 15Y
7.44x
INTEREST COVERAGE RATIO AVG 20Y
7.48x
CURRENT VS TTM AVG
+265.38%
CURRENT VS 3Y AVG
+18.03%
CURRENT VS 5Y AVG
+34.98%
CURRENT VS 10Y AVG
+62.50%
CURRENT VS 15Y AVG
+61.40%
CURRENT VS 20Y AVG
+60.41%
SECTOR MEDIAN · BASIC MATERIALS
9.00x
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+33.33%
vs the sector median at left
Johnson Controls International plc
Market Cap
$85.06B
Interest Coverage Ratio
12.00x
TTM Avg
3.28x
3Y Avg
10.17x
5Y Avg
8.89x
Market Cap
$84.81B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$86.24B
Interest Coverage Ratio
17.05x
TTM Avg
19.29x
3Y Avg
15.97x
5Y Avg
13.34x
Market Cap
$79.84B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$96.24B
Interest Coverage Ratio
34.40x
TTM Avg
24.66x
3Y Avg
14.77x
5Y Avg
12.75x
Market Cap
$65.53B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$62.48B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$60.92B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson Controls International plc (JCI) | $85.06B | 12.00x | 3.28x | 10.17x | 8.89x |
| The Sherwin-Williams Company (SHW)vs › | $84.81B | 8.11x | 8.41x | 8.15x | 8.08x |
| Freeport-McMoRan Inc. (FCX)vs › | $86.24B | 17.05x | 19.29x | 15.97x | 13.34x |
| Ecolab Inc. (ECL)vs › | $79.84B | 12.08x | 9.90x | 8.00x | 7.79x |
| Newmont Corporation (NEM)vs › | $96.24B | 34.40x | 24.66x | 14.77x | 12.75x |
| CRH plc (CRH)vs › | $66.63B | 6.57x | 7.45x | 9.95x | 8.88x |
| Air Products and Chemicals, Inc. (APD)vs › | $65.53B | -4.10x | 17.23x | 17.20x | 17.49x |
| Vale S.A. (VALE)vs › | $62.48B | 7.12x | 8.31x | 10.42x | 10.10x |
| Barrick Mining Corporation (B)vs › | $60.92B | 22.63x | 16.58x | 12.59x | 12.71x |
| Corteva, Inc. (CTVA)vs › | $60.55B | 14.55x | 11.78x | 14.25x | 19.94x |
Interest Coverage
12.0x
Debt/Equity
0.87
Current Ratio
0.93
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 | 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 |
