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 2.72x is in line with its 2-year average of 2.58x, around the middle of its 2-year range (1.93x–3.30x).
7.20% above its 12-month average of 2.54x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.35x.
INTEREST COVERAGE RATIO
2.72x
INTEREST COVERAGE RATIO AVG TTM
2.54x
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.20%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-60.49%
vs the sector median at left
Market Cap
$28.02B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
Market Cap
$28.83B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$27.13B
Interest Coverage Ratio
5.79x
TTM Avg
5.88x
3Y Avg
7.29x
5Y Avg
9.45x
Market Cap
$26.44B
Interest Coverage Ratio
6.77x
TTM Avg
5.99x
3Y Avg
5.91x
5Y Avg
8.30x
Market Cap
$25.75B
Interest Coverage Ratio
1029.00x
TTM Avg
617.01x
3Y Avg
353.82x
5Y Avg
258.97x
Market Cap
$30.74B
Interest Coverage Ratio
14.80x
TTM Avg
14.41x
3Y Avg
13.27x
5Y Avg
12.34x
Market Cap
$25.27B
Interest Coverage Ratio
553.04x
TTM Avg
298.73x
3Y Avg
269.07x
5Y Avg
276.66x
Market Cap
$31.45B
Interest Coverage Ratio
12.84x
TTM Avg
11.03x
3Y Avg
12.05x
5Y Avg
13.28x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $28.25B | 2.72x | 2.54x | N/A | N/A |
| Mettler-Toledo International Inc. (MTD)vs › | $28.02B | 16.32x | 15.71x | 16.43x | 18.17x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.83B | 6.14x | 5.67x | 11.29x | 26.04x |
| Quest Diagnostics Incorporated (DGX)vs › | $27.13B | 5.79x | 5.88x | 7.29x | 9.45x |
| Labcorp Holdings Inc. (LH)vs › | $26.44B | 6.77x | 5.99x | 5.91x | 8.30x |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.75B | 1029.00x | 617.01x | 353.82x | 258.97x |
| Zoetis Inc. (ZTS)vs › | $30.74B | 14.80x | 14.41x | 13.27x | 12.34x |
| Incyte Corporation (INCY)vs › | $25.27B | 553.04x | 298.73x | 269.07x | 276.66x |
| Waters Corporation (WAT)vs › | $31.45B | 12.84x | 11.03x | 12.05x | 13.28x |
| Biogen Inc. (BIIB)vs › | $31.90B | 7.63x | 8.79x | 9.45x | 11.57x |
Interest Coverage
2.7x
Debt/Equity
1.09
Current Ratio
4.33
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 | 2.35x |
| 2026-03-31 | 2.56x |
| 2025-12-31 | 2.56x |
| 2025-09-30 | 2.52x |
| 2025-06-30 | 2.70x |
| 2025-03-28 | 2.76x |
| 2024-09-30 | 3.30x |
| 2024-06-30 | 1.93x |
