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 9.24x is 31% above its 5-year average of 7.03x, near the high end of its 5-year range (-6.34x–11.22x).
As of the fiscal period ended Friday, April 3, 2026. 8.99% below its 12-month average of 10.15x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
9.24x
INTEREST COVERAGE RATIO AVG TTM
10.15x
INTEREST COVERAGE RATIO AVG 3Y
9.27x
INTEREST COVERAGE RATIO AVG 5Y
7.74x
INTEREST COVERAGE RATIO AVG 10Y
6.52x
INTEREST COVERAGE RATIO AVG 15Y
6.16x
INTEREST COVERAGE RATIO AVG 20Y
7.03x
CURRENT VS TTM AVG
-8.99%
CURRENT VS 3Y AVG
-0.37%
CURRENT VS 5Y AVG
+19.40%
CURRENT VS 10Y AVG
+41.61%
CURRENT VS 15Y AVG
+49.89%
CURRENT VS 20Y AVG
+31.41%
SECTOR MEDIAN · TECHNOLOGY
7.52x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+22.91%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$14.54B
Interest Coverage Ratio
9.24x
TTM Avg
10.15x
3Y Avg
9.27x
5Y Avg
7.74x
Market Cap
$14.00B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
Market Cap
$13.84B
Interest Coverage Ratio
-17.60x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.63B
Interest Coverage Ratio
265.83x
TTM Avg
157.31x
3Y Avg
112.26x
5Y Avg
450.55x
Market Cap
$15.60B
Interest Coverage Ratio
N/A
TTM Avg
1204.87x
3Y Avg
961.05x
5Y Avg
513.60x
Market Cap
$13.36B
Interest Coverage Ratio
3.59x
TTM Avg
4.73x
3Y Avg
6.49x
5Y Avg
5.92x
Market Cap
$13.19B
Interest Coverage Ratio
8.17x
TTM Avg
6.63x
3Y Avg
5.35x
5Y Avg
6.36x
Market Cap
$12.92B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $14.54B | 9.24x | 10.15x | 9.27x | 7.74x |
| Zebra Technologies Corporation (ZBRA)vs › | $14.00B | 7.41x | 6.58x | 6.40x | 38.33x |
| Unity Software Inc. (U)vs › | $13.84B | -17.60x | N/A | N/A | N/A |
| Nextpower Inc. (NXT)vs › | $13.63B | 265.83x | 157.31x | 112.26x | 450.55x |
| Fabrinet (FN)vs › | $15.60B | N/A | 1204.87x | 961.05x | 513.60x |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.59x | 4.73x | 6.49x | 5.92x |
| PTC Inc. (PTC)vs › | $15.85B | 12.76x | 8.84x | 7.36x | 6.63x |
| Trimble Inc. (TRMB)vs › | $13.19B | 8.17x | 6.63x | 5.35x | 6.36x |
| Dynatrace, Inc. (DT)vs › | $12.92B | N/A | 17.61x | 13.89x | 13.89x |
| Onto Innovation Inc. (ONTO)vs › | $12.86B | N/A | 42.11x | 27.04x | 21.89x |
Interest Coverage
9.2x
Debt/Equity
1.21
Current Ratio
1.70
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 |
|---|---|
| 2026-04-03 | 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 |
