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 4.72x is in line with its 5-year average of 4.85x, around the middle of its 5-year range (2.15x–8.09x).
As of the fiscal period ended Friday, April 3, 2026. 23.07% above its 12-month average of 3.84x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
4.72x
INTEREST COVERAGE RATIO AVG TTM
3.84x
INTEREST COVERAGE RATIO AVG 3Y
3.51x
INTEREST COVERAGE RATIO AVG 5Y
4.85x
INTEREST COVERAGE RATIO AVG 10Y
5.66x
INTEREST COVERAGE RATIO AVG 15Y
6.35x
INTEREST COVERAGE RATIO AVG 20Y
6.69x
CURRENT VS TTM AVG
+23.07%
CURRENT VS 3Y AVG
+34.33%
CURRENT VS 5Y AVG
-2.66%
CURRENT VS 10Y AVG
-16.58%
CURRENT VS 15Y AVG
-25.63%
CURRENT VS 20Y AVG
-29.46%
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-39.60%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$55.33B
Interest Coverage Ratio
4.72x
TTM Avg
3.84x
3Y Avg
3.51x
5Y Avg
4.85x
Market Cap
$54.41B
Interest Coverage Ratio
267.05x
TTM Avg
236.95x
3Y Avg
179.28x
5Y Avg
160.05x
Market Cap
$54.28B
Interest Coverage Ratio
23.82x
TTM Avg
19.79x
3Y Avg
19.62x
5Y Avg
17.78x
Market Cap
$54.23B
Interest Coverage Ratio
145.70x
TTM Avg
129.21x
3Y Avg
79.42x
5Y Avg
62.41x
Market Cap
$57.19B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
Market Cap
$50.88B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
Market Cap
$50.51B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$49.96B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$49.36B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $55.33B | 4.72x | 3.84x | 3.51x | 4.85x |
| Fastenal Company (FAST)vs › | $54.41B | 267.05x | 236.95x | 179.28x | 160.05x |
| AMETEK, Inc. (AME)vs › | $54.28B | 23.82x | 19.79x | 19.62x | 17.78x |
| Comfort Systems USA, Inc. (FIX)vs › | $54.23B | 145.70x | 129.21x | 79.42x | 62.41x |
| Delta Air Lines, Inc. (DAL)vs › | $57.19B | 8.57x | 8.30x | 6.70x | 5.65x |
| Rockwell Automation, Inc. (ROK)vs › | $50.88B | 9.12x | 8.74x | 10.37x | 10.03x |
| Carrier Global Corporation (CARR)vs › | $50.51B | 5.53x | 4.58x | 5.55x | 6.80x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.96B | 8.31x | 8.16x | 6.89x | 6.04x |
| HEICO Corporation (HEI-A)vs › | $49.36B | 7.85x | 6.72x | 24.68x | 30.27x |
| Thomson Reuters Corporation (TRI)vs › | $46.57B | 10.87x | 11.70x | 11.02x | 10.15x |
Interest Coverage
4.7x
Debt/Equity
0.57
Current Ratio
1.19
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 | 4.72x |
| 2026-01-02 | 2.63x |
| 2025-10-03 | 4.15x |
| 2025-06-27 | 3.84x |
| 2025-03-28 | 3.69x |
| 2025-01-03 | 4.52x |
| 2024-09-27 | 2.98x |
| 2024-06-28 | 2.77x |
| 2024-03-29 | 2.15x |
| 2023-12-29 | 4.10x |
| 2023-09-29 | 3.01x |
| 2023-06-30 | 3.60x |
| 2023-03-31 | 3.85x |
| 2022-12-30 | 6.69x |
| 2022-09-30 | 6.46x |
| 2022-07-01 | 7.22x |
| 2022-04-01 | 7.32x |
| 2021-12-31 | 7.49x |
| 2021-10-01 | 7.69x |
| 2021-07-02 | 8.09x |
| 2021-04-02 | 8.01x |
| 2021-01-01 | 8.35x |
| 2020-10-02 | 7.48x |
| 2020-07-03 | 5.38x |
| 2020-04-03 | 7.54x |
| 2019-12-31 | 6.18x |
| 2019-09-27 | 2.84x |
| 2019-06-28 | 7.51x |
| 2019-03-29 | 6.49x |
| 2018-12-28 | 6.21x |
| 2018-09-28 | 5.75x |
| 2018-06-29 | 7.00x |
| 2018-03-30 | 6.24x |
| 2017-12-29 | 6.48x |
| 2017-09-29 | 6.63x |
| 2017-06-30 | 6.55x |
| 2017-03-31 | 6.55x |
| 2016-12-30 | 6.30x |
| 2016-09-30 | 5.59x |
| 2016-07-01 | 6.27x |
| 2016-04-01 | 5.83x |
| 2016-01-01 | 7.13x |
| 2015-10-02 | 5.46x |
| 2015-07-03 | 1.82x |
| 2015-04-03 | 6.26x |
| 2015-01-02 | 9.55x |
| 2014-09-26 | 8.61x |
| 2014-06-27 | 9.82x |
| 2014-03-28 | 9.63x |
| 2013-12-27 | 9.41x |
| 2013-09-27 | 8.84x |
| 2013-06-28 | 6.58x |
| 2013-03-29 | 7.16x |
| 2012-12-28 | 8.28x |
| 2012-09-28 | 7.71x |
| 2012-06-29 | 9.38x |
| 2012-03-30 | 8.61x |
| 2011-12-30 | 7.97x |
| 2011-09-30 | 7.79x |
| 2011-07-01 | 8.66x |
| 2011-04-01 | 8.68x |
| 2010-12-31 | 11.90x |
| 2010-10-01 | 15.12x |
| 2010-07-02 | 13.98x |
| 2010-04-02 | 14.61x |
| 2010-01-01 | 12.27x |
| 2009-10-02 | 9.82x |
| 2009-07-03 | 16.92x |
| 2009-04-03 | 16.14x |
| 2009-01-02 | 15.66x |
| 2008-09-26 | 15.41x |
| 2008-03-28 | 11.46x |
