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 42.15x is in line with its 5-year average of 40.54x, near the low end of its 5-year range (9.47x–257.50x).
11.03% above its 12-month average of 37.96x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
42.15x
INTEREST COVERAGE RATIO AVG TTM
37.96x
INTEREST COVERAGE RATIO AVG 3Y
50.93x
INTEREST COVERAGE RATIO AVG 5Y
40.54x
INTEREST COVERAGE RATIO AVG 10Y
26.86x
INTEREST COVERAGE RATIO AVG 15Y
19.05x
INTEREST COVERAGE RATIO AVG 20Y
17.37x
CURRENT VS TTM AVG
+11.03%
CURRENT VS 3Y AVG
-17.24%
CURRENT VS 5Y AVG
+3.98%
CURRENT VS 10Y AVG
+56.92%
CURRENT VS 15Y AVG
+121.21%
CURRENT VS 20Y AVG
+142.61%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+361.92%
vs the sector median at left
Linde plc
Market Cap
$216.67B
Interest Coverage Ratio
42.15x
TTM Avg
37.96x
3Y Avg
50.93x
5Y Avg
40.54x
Market Cap
$233.69B
Interest Coverage Ratio
12.10x
TTM Avg
16.68x
3Y Avg
18.81x
5Y Avg
31.84x
Market Cap
$174.01B
Interest Coverage Ratio
18.95x
TTM Avg
17.79x
3Y Avg
15.36x
5Y Avg
14.49x
Market Cap
$168.73B
Interest Coverage Ratio
14.03x
TTM Avg
11.82x
3Y Avg
10.49x
5Y Avg
19.74x
Market Cap
$133.91B
Interest Coverage Ratio
34.40x
TTM Avg
24.66x
3Y Avg
14.77x
5Y Avg
12.75x
Market Cap
$110.16B
Interest Coverage Ratio
17.05x
TTM Avg
19.29x
3Y Avg
15.97x
5Y Avg
13.34x
Market Cap
$88.66B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$79.16B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$78.27B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Linde plc (LIN) | $216.67B | 42.15x | 37.96x | 50.93x | 40.54x |
| BHP Group Limited (BHP)vs › | $233.69B | 12.10x | 16.68x | 18.81x | 31.84x |
| Southern Copper Corporation (SCCO)vs › | $174.01B | 18.95x | 17.79x | 15.36x | 14.49x |
| Rio Tinto Group (RIO)vs › | $168.73B | 14.03x | 11.82x | 10.49x | 19.74x |
| Newmont Corporation (NEM)vs › | $133.91B | 34.40x | 24.66x | 14.77x | 12.75x |
| Freeport-McMoRan Inc. (FCX)vs › | $110.16B | 17.05x | 19.29x | 15.97x | 13.34x |
| Johnson Controls International plc (JCI)vs › | $88.66B | 18.01x | 11.63x | 9.79x | 8.46x |
| The Sherwin-Williams Company (SHW)vs › | $79.16B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $78.27B | 12.08x | 9.90x | 8.00x | 7.79x |
| Barrick Mining Corporation (B)vs › | $73.89B | 22.63x | 16.58x | 12.59x | 12.71x |
Interest Coverage
42.1x
Debt/Equity
0.72
Current Ratio
0.88
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 | 41.59x |
| 2026-03-31 | 52.65x |
| 2025-12-31 | 31.53x |
| 2025-09-30 | 28.91x |
| 2025-06-30 | 35.13x |
| 2024-12-31 | 9.47x |
| 2024-06-30 | 30.31x |
| 2024-03-31 | 35.74x |
| 2023-12-31 | 9.50x |
| 2023-09-30 | 27.92x |
| 2023-06-30 | 257.50x |
| 2023-03-31 | 54.33x |
| 2022-12-31 | 190.67x |
| 2022-09-30 | 77.31x |
| 2022-06-30 | 142.00x |
| 2022-03-31 | 100.26x |
| 2021-12-31 | 24.75x |
| 2021-06-30 | 48.68x |
| 2021-03-31 | 30.79x |
| 2020-12-31 | 8.18x |
| 2020-06-30 | 10.91x |
| 2020-03-31 | 20.71x |
| 2019-12-31 | 838.00x |
| 2019-09-30 | 4.09x |
| 2019-03-31 | 2.79x |
| 2018-09-30 | 12.05x |
| 2018-06-30 | 696.00x |
| 2018-03-31 | 6.33x |
| 2017-12-31 | 19.09x |
| 2017-09-30 | 10.82x |
| 2017-06-30 | 9.04x |
| 2017-03-31 | 4.95x |
| 2016-09-30 | 17.76x |
| 2016-06-30 | 13.36x |
| 2016-03-31 | 8.52x |
| 2015-12-31 | 14.86x |
| 2015-09-30 | 16.97x |
| 2015-06-30 | 12.00x |
| 2015-03-31 | 14.16x |
| 2014-12-31 | 6.65x |
| 2014-09-30 | 15.80x |
| 2014-06-30 | 16.21x |
| 2014-03-31 | 14.67x |
| 2013-12-31 | 11.50x |
| 2013-09-30 | 16.34x |
| 2013-06-30 | 16.22x |
| 2013-03-31 | 15.00x |
| 2012-12-31 | 12.32x |
| 2012-09-30 | 15.50x |
| 2012-06-30 | 19.27x |
| 2012-03-31 | 16.95x |
| 2011-12-31 | 16.26x |
| 2011-09-30 | 17.56x |
| 2011-06-30 | 17.42x |
| 2011-03-31 | 16.89x |
| 2010-12-31 | 18.04x |
| 2010-09-30 | 19.00x |
| 2010-06-30 | 18.86x |
| 2010-03-31 | 14.97x |
| 2009-12-31 | 15.52x |
| 2009-09-30 | 5.44x |
| 2009-06-30 | 13.55x |
| 2009-03-31 | 12.63x |
| 2008-09-30 | 10.88x |
| 2008-06-30 | 10.44x |
| 2008-03-31 | 10.26x |
