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 3.79x is 24% above its 5-year average of 3.05x, around the middle of its 5-year range (-6.97x–14.12x).
45.02% below its 12-month average of 6.89x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.75x.
INTEREST COVERAGE RATIO
3.79x
INTEREST COVERAGE RATIO AVG TTM
6.89x
INTEREST COVERAGE RATIO AVG 3Y
3.34x
INTEREST COVERAGE RATIO AVG 5Y
3.05x
INTEREST COVERAGE RATIO AVG 10Y
14.86x
INTEREST COVERAGE RATIO AVG 15Y
16.49x
INTEREST COVERAGE RATIO AVG 20Y
14.15x
CURRENT VS TTM AVG
-45.02%
CURRENT VS 3Y AVG
+13.42%
CURRENT VS 5Y AVG
+24.38%
CURRENT VS 10Y AVG
-74.50%
CURRENT VS 15Y AVG
-77.02%
CURRENT VS 20Y AVG
-73.21%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-51.72%
vs the sector median at left
Southwest Airlines Co.
Market Cap
$20.33B
Interest Coverage Ratio
3.79x
TTM Avg
6.89x
3Y Avg
3.34x
5Y Avg
3.05x
Market Cap
$20.11B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
Market Cap
$20.63B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$21.52B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$19.01B
Interest Coverage Ratio
25.43x
TTM Avg
25.43x
3Y Avg
26.27x
5Y Avg
25.11x
Market Cap
$22.50B
Interest Coverage Ratio
15.40x
TTM Avg
12.34x
3Y Avg
11.31x
5Y Avg
8.51x
Market Cap
$18.01B
Interest Coverage Ratio
7.16x
TTM Avg
7.37x
3Y Avg
14.35x
5Y Avg
15.40x
Market Cap
$17.61B
Interest Coverage Ratio
3.19x
TTM Avg
3.27x
3Y Avg
3.76x
5Y Avg
3.26x
Market Cap
$17.49B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southwest Airlines Co. (LUV) | $20.33B | 3.79x | 6.89x | 3.34x | 3.05x |
| Curtiss-Wright Corporation (CW)vs › | $20.11B | 14.79x | 13.29x | 11.25x | 10.42x |
| XPO Logistics, Inc. (XPO)vs › | $20.63B | 3.33x | 3.15x | 2.92x | 2.25x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $21.52B | 12.19x | 11.36x | 15.94x | 16.89x |
| Snap-on Incorporated (SNA)vs › | $19.01B | 25.43x | 25.43x | 26.27x | 25.11x |
| MTU Aero Engines AG (MTUAY)vs › | $22.50B | 15.40x | 12.34x | 11.31x | 8.51x |
| Nordson Corporation (NDSN)vs › | $18.01B | 7.16x | 7.37x | 14.35x | 15.40x |
| WESCO International, Inc. (WCC)vs › | $17.61B | 3.19x | 3.27x | 3.76x | 3.26x |
| Equifax Inc. (EFX)vs › | $17.49B | 5.16x | 4.86x | 4.84x | 5.33x |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $17.23B | 12.60x | 10.02x | 9.40x | 11.78x |
Interest Coverage
3.8x
Debt/Equity
0.97
Current Ratio
0.49
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 | 3.75x |
| 2026-03-31 | 7.86x |
| 2025-12-31 | 12.61x |
| 2025-09-30 | 1.59x |
| 2025-06-30 | 8.65x |
| 2025-03-31 | -6.37x |
| 2024-12-31 | 5.91x |
| 2024-09-30 | 0.70x |
| 2024-06-30 | 7.24x |
| 2024-03-31 | -6.78x |
| 2023-12-31 | -6.97x |
| 2023-09-30 | 1.98x |
| 2023-06-30 | 13.25x |
| 2023-03-31 | -4.73x |
| 2022-12-31 | -6.42x |
| 2022-09-30 | 5.27x |
| 2022-06-30 | 14.12x |
| 2022-03-31 | -1.80x |
| 2021-12-31 | 1.70x |
| 2021-09-30 | 6.92x |
| 2021-06-30 | 5.50x |
| 2021-03-31 | 1.93x |
| 2020-12-31 | -11.45x |
| 2020-09-30 | -14.11x |
| 2020-06-30 | -12.66x |
| 2020-03-31 | -4.78x |
| 2019-12-31 | 35.00x |
| 2019-09-30 | 40.95x |
| 2019-06-30 | 44.00x |
| 2019-03-31 | 22.95x |
| 2018-12-31 | 35.65x |
| 2018-09-30 | 33.25x |
| 2018-06-30 | 42.26x |
| 2018-03-31 | 28.00x |
| 2017-12-31 | 40.68x |
| 2017-09-30 | 65.00x |
| 2017-06-30 | 86.79x |
| 2017-03-31 | 33.67x |
| 2016-12-31 | 52.81x |
| 2016-09-30 | 36.58x |
| 2016-06-30 | 60.76x |
| 2016-03-31 | 49.68x |
| 2015-12-31 | 48.86x |
| 2015-09-30 | 55.68x |
| 2015-06-30 | 49.32x |
| 2015-03-31 | 30.00x |
| 2014-12-31 | 22.14x |
| 2014-09-30 | 24.56x |
| 2014-06-30 | 27.68x |
| 2014-03-31 | 8.27x |
| 2013-12-31 | 14.26x |
| 2013-09-30 | 12.58x |
| 2013-06-30 | 17.32x |
| 2013-03-31 | 2.92x |
| 2012-12-31 | 3.03x |
| 2012-09-30 | 1.70x |
| 2012-06-30 | 14.38x |
| 2012-03-31 | 0.63x |
| 2011-12-31 | 3.13x |
| 2011-09-30 | 4.79x |
| 2011-06-30 | 4.22x |
| 2011-03-31 | 2.85x |
| 2010-12-31 | 5.68x |
| 2010-09-30 | 9.34x |
| 2010-06-30 | 9.81x |
| 2010-03-31 | 1.50x |
| 2009-12-31 | 4.07x |
| 2009-09-30 | 0.51x |
| 2009-06-30 | 2.62x |
| 2009-03-31 | -1.32x |
| 2008-12-31 | 1.97x |
| 2008-09-30 | 2.97x |
| 2008-06-30 | 7.88x |
| 2008-03-31 | 3.14x |
| 2007-09-30 | 8.96x |
| 2007-06-30 | 11.31x |
