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 24.83x is 18% above its 5-year average of 21.03x, around the middle of its 5-year range (9.82x–44.47x).
3.82% above its 12-month average of 23.92x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 24.15x.
INTEREST COVERAGE RATIO
24.83x
INTEREST COVERAGE RATIO AVG TTM
23.92x
INTEREST COVERAGE RATIO AVG 3Y
23.86x
INTEREST COVERAGE RATIO AVG 5Y
21.03x
INTEREST COVERAGE RATIO AVG 10Y
17.85x
INTEREST COVERAGE RATIO AVG 15Y
17.01x
INTEREST COVERAGE RATIO AVG 20Y
17.75x
CURRENT VS TTM AVG
+3.82%
CURRENT VS 3Y AVG
+4.09%
CURRENT VS 5Y AVG
+18.05%
CURRENT VS 10Y AVG
+39.14%
CURRENT VS 15Y AVG
+45.97%
CURRENT VS 20Y AVG
+39.89%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+216.31%
vs the sector median at left
Lennox International Inc.
Market Cap
$12.65B
Interest Coverage Ratio
24.83x
TTM Avg
23.92x
3Y Avg
23.86x
5Y Avg
21.03x
Market Cap
$12.42B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$12.94B
Interest Coverage Ratio
N/A
TTM Avg
272.83x
3Y Avg
375.09x
5Y Avg
287.86x
Market Cap
$13.04B
Interest Coverage Ratio
8.51x
TTM Avg
8.08x
3Y Avg
7.88x
5Y Avg
8.33x
Market Cap
$11.97B
Interest Coverage Ratio
69.22x
TTM Avg
41.87x
3Y Avg
31.74x
5Y Avg
24.50x
Market Cap
$13.48B
Interest Coverage Ratio
2.48x
TTM Avg
2.48x
3Y Avg
2.27x
5Y Avg
4.13x
Market Cap
$11.65B
Interest Coverage Ratio
37.54x
TTM Avg
25.31x
3Y Avg
15.54x
5Y Avg
11.94x
Market Cap
$13.75B
Interest Coverage Ratio
7.31x
TTM Avg
8.47x
3Y Avg
8.67x
5Y Avg
9.31x
Market Cap
$13.93B
Interest Coverage Ratio
12.88x
TTM Avg
10.41x
3Y Avg
10.83x
5Y Avg
9.61x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lennox International Inc. (LII) | $12.65B | 24.83x | 23.92x | 23.86x | 21.03x |
| Graco Inc. (GGG)vs › | $12.42B | 211.11x | 206.35x | 148.80x | 129.44x |
| Watsco, Inc. (WSO)vs › | $12.94B | N/A | 272.83x | 375.09x | 287.86x |
| Allegion plc (ALLE)vs › | $13.04B | 8.51x | 8.08x | 7.88x | 8.33x |
| Applied Industrial Technologies, Inc. (AIT)vs › | $11.97B | 69.22x | 41.87x | 31.74x | 24.50x |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.48B | 2.48x | 2.48x | 2.27x | 4.13x |
| Crane Company (CR)vs › | $11.65B | 37.54x | 25.31x | 15.54x | 11.94x |
| BWX Technologies, Inc. (BWXT)vs › | $13.75B | 7.31x | 8.47x | 8.67x | 9.31x |
| Textron Inc. (TXT)vs › | $13.93B | 12.88x | 10.41x | 10.83x | 9.61x |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.02B | 5.79x | 5.71x | 6.29x | 6.28x |
Interest Coverage
24.8x
Debt/Equity
1.56
Current Ratio
1.57
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 | 24.15x |
| 2026-03-31 | 10.93x |
| 2025-12-31 | 12.31x |
| 2025-09-30 | 29.54x |
| 2025-06-30 | 42.65x |
| 2025-03-31 | 25.10x |
| 2024-12-31 | 44.47x |
| 2024-09-30 | 34.08x |
| 2024-06-30 | 25.61x |
| 2024-03-31 | 14.14x |
| 2023-12-31 | 11.88x |
| 2023-09-30 | 16.68x |
| 2023-06-30 | 18.59x |
| 2023-03-31 | 9.82x |
| 2022-12-31 | 10.44x |
| 2022-09-30 | 17.70x |
| 2022-06-30 | 26.08x |
| 2022-03-31 | 16.46x |
| 2021-12-31 | 15.74x |
| 2021-09-30 | 25.03x |
| 2021-06-30 | 33.75x |
| 2021-03-31 | 19.02x |
| 2020-12-31 | 22.79x |
| 2020-09-30 | 25.71x |
| 2020-06-30 | 19.71x |
| 2020-03-31 | 4.18x |
| 2019-12-31 | 17.42x |
| 2019-09-30 | 12.54x |
| 2019-06-30 | 16.32x |
| 2019-03-31 | 8.69x |
| 2018-12-31 | 11.86x |
| 2018-09-30 | 14.10x |
| 2018-06-30 | 19.91x |
| 2018-03-31 | 6.31x |
| 2017-12-31 | 14.21x |
| 2017-09-30 | 20.34x |
| 2017-06-30 | 21.39x |
| 2017-03-31 | 8.22x |
| 2016-12-31 | 9.20x |
| 2016-09-30 | 22.41x |
| 2016-06-30 | 23.63x |
| 2016-03-31 | 7.53x |
| 2015-12-31 | 3.53x |
| 2015-09-30 | 22.28x |
| 2015-06-30 | 20.45x |
| 2015-03-31 | 4.74x |
| 2014-12-31 | 12.11x |
| 2014-09-30 | 26.65x |
| 2014-06-30 | 32.19x |
| 2014-03-31 | 10.27x |
| 2013-12-31 | 14.45x |
| 2013-09-30 | 27.32x |
| 2013-06-30 | 28.44x |
| 2013-03-31 | 8.21x |
| 2012-12-31 | 10.97x |
| 2012-09-30 | 18.39x |
| 2012-06-30 | 18.56x |
| 2012-03-31 | 4.02x |
| 2011-12-31 | 6.44x |
| 2011-09-30 | 13.80x |
| 2011-06-30 | 17.26x |
| 2011-03-31 | -0.32x |
| 2010-09-30 | 19.03x |
| 2010-06-30 | 25.58x |
| 2010-03-31 | 0.20x |
| 2009-12-31 | 8.67x |
| 2009-09-30 | 26.23x |
| 2009-06-30 | 31.37x |
| 2009-03-31 | -15.41x |
| 2008-09-30 | 23.97x |
| 2008-06-30 | 23.26x |
| 2008-03-31 | 4.96x |
| 2007-12-31 | 6.50x |
| 2007-09-30 | 52.05x |
| 2007-06-30 | 45.50x |
| 2007-03-31 | 16.22x |
| 2006-12-31 | 9.36x |
| 2006-09-30 | 47.50x |
| 2006-06-30 | 53.83x |
| 2006-03-31 | 56.83x |
| 2005-12-31 | 4.90x |
| 2005-09-30 | 22.07x |
| 2005-06-30 | 15.24x |
| 2005-03-31 | 4.91x |
| 2004-12-31 | 1.36x |
| 2004-09-30 | 8.07x |
| 2004-06-30 | 7.44x |
| 2004-03-31 | -25.31x |
| 2003-12-31 | 1.26x |
| 2003-09-30 | 7.84x |
