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 10.38x is 33% above its 5-year average of 7.81x, near the high end of its 5-year range (-6.34x–11.22x).
9.79% above its 12-month average of 9.45x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-03): 7.35x.
INTEREST COVERAGE RATIO
10.38x
INTEREST COVERAGE RATIO AVG TTM
9.45x
INTEREST COVERAGE RATIO AVG 3Y
9.40x
INTEREST COVERAGE RATIO AVG 5Y
7.81x
INTEREST COVERAGE RATIO AVG 10Y
6.56x
INTEREST COVERAGE RATIO AVG 15Y
6.15x
INTEREST COVERAGE RATIO AVG 20Y
7.03x
CURRENT VS TTM AVG
+9.79%
CURRENT VS 3Y AVG
+10.41%
CURRENT VS 5Y AVG
+32.83%
CURRENT VS 10Y AVG
+58.16%
CURRENT VS 15Y AVG
+68.86%
CURRENT VS 20Y AVG
+47.59%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+33.42%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$16.43B
Interest Coverage Ratio
10.38x
TTM Avg
9.45x
3Y Avg
9.40x
5Y Avg
7.81x
Market Cap
$16.34B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$16.54B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
Market Cap
$16.80B
Interest Coverage Ratio
7.54x
TTM Avg
7.62x
3Y Avg
8.66x
5Y Avg
7.85x
Market Cap
$16.06B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
Market Cap
$15.56B
Interest Coverage Ratio
-17.67x
TTM Avg
2.00x
3Y Avg
1.00x
5Y Avg
1.00x
Market Cap
$15.51B
Interest Coverage Ratio
20.42x
TTM Avg
20.05x
3Y Avg
34.26x
5Y Avg
26.23x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $16.43B | 10.38x | 9.45x | 9.40x | 7.81x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.34B | 9.06x | 18.36x | 19.78x | 20.12x |
| Zebra Technologies Corporation (ZBRA)vs › | $16.54B | 7.41x | 6.58x | 6.40x | 38.33x |
| MKS Inc. (MKSI)vs › | $16.16B | 2.67x | 2.05x | 2.53x | 10.24x |
| Fortive Corporation (FTV)vs › | $16.80B | 7.54x | 7.62x | 8.66x | 7.85x |
| Dynatrace, Inc. (DT)vs › | $16.06B | N/A | 17.61x | 13.89x | 13.89x |
| IREN Limited (IREN)vs › | $15.56B | -17.67x | 2.00x | 1.00x | 1.00x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.51B | 20.42x | 20.05x | 34.26x | 26.23x |
| PTC Inc. (PTC)vs › | $15.21B | 12.76x | 8.84x | 7.36x | 6.63x |
| Gen Digital Inc. (GEN)vs › | $18.36B | 3.79x | 3.79x | 2.75x | 3.85x |
Interest Coverage
10.4x
Debt/Equity
1.24
Current Ratio
1.63
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 |
|---|---|
| 2026-07-03 | 7.35x |
| 2026-04-03 | 9.24x |
| 2026-01-02 | 9.82x |
| 2025-10-03 | 10.49x |
| 2025-07-04 | 10.38x |
| 2025-04-04 | 10.82x |
| 2025-01-03 | 8.96x |
| 2024-09-27 | 11.22x |
| 2024-06-28 | 9.31x |
| 2024-03-29 | 8.47x |
| 2023-12-29 | 7.37x |
| 2023-09-29 | -6.34x |
| 2023-06-30 | 5.91x |
| 2023-03-31 | 4.91x |
| 2022-12-30 | 5.20x |
| 2022-09-30 | 5.62x |
| 2022-07-01 | 5.42x |
| 2022-04-01 | 5.65x |
| 2021-12-31 | 5.87x |
| 2021-10-01 | 6.49x |
| 2021-07-02 | 5.85x |
| 2021-04-02 | 6.84x |
| 2021-01-01 | 6.50x |
| 2020-10-02 | 5.86x |
| 2020-07-03 | 6.07x |
| 2020-04-03 | 4.00x |
| 2020-01-03 | 7.68x |
| 2019-09-27 | 8.89x |
| 2019-06-28 | 6.36x |
| 2019-03-29 | 5.05x |
| 2018-12-28 | 5.53x |
| 2018-09-28 | 5.80x |
| 2018-06-29 | 5.69x |
| 2018-03-30 | 4.68x |
| 2017-12-29 | 2.66x |
| 2017-09-29 | 4.19x |
| 2017-06-30 | 4.61x |
| 2017-03-31 | 3.71x |
| 2016-12-30 | 3.90x |
| 2016-09-30 | 3.61x |
| 2016-07-01 | 5.77x |
| 2016-04-01 | 8.09x |
| 2015-12-31 | 8.50x |
| 2015-10-02 | 6.71x |
| 2015-07-03 | 4.57x |
| 2015-04-03 | 2.71x |
| 2015-01-31 | 2.18x |
| 2014-10-31 | 4.00x |
| 2014-08-01 | -20.50x |
| 2014-05-02 | 4.45x |
| 2014-01-31 | 3.96x |
| 2013-11-01 | -0.33x |
| 2013-08-02 | 3.95x |
| 2013-05-03 | 7.10x |
| 2013-01-31 | 7.25x |
| 2012-10-31 | 9.65x |
| 2012-07-31 | 7.96x |
| 2012-04-30 | 7.17x |
| 2012-01-31 | -3.83x |
| 2011-10-31 | -0.59x |
| 2011-07-31 | 7.46x |
| 2011-04-30 | 8.21x |
| 2011-01-31 | 9.57x |
| 2010-10-31 | 13.58x |
| 2010-07-31 | 14.37x |
| 2010-04-30 | 11.50x |
| 2010-01-31 | 11.00x |
| 2009-10-31 | 12.26x |
| 2009-07-31 | 11.63x |
| 2009-04-30 | 10.74x |
| 2009-01-31 | 7.70x |
| 2008-10-31 | 4.56x |
| 2008-07-31 | 46.50x |
| 2008-01-31 | 12.21x |
| 2007-10-31 | 15.50x |
| 2007-04-30 | 17.50x |
| 2007-01-31 | 18.00x |
| 2006-01-31 | 34.50x |