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 2.56x is in line with its 2-year average of 2.62x, around the middle of its 2-year range (1.93x–3.30x).
As of the fiscal period ended Tuesday, March 31, 2026. 1.01% below its 12-month average of 2.58x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.56x
INTEREST COVERAGE RATIO AVG TTM
2.58x
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
-1.01%
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
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
-62.22%
vs the sector median at left
Market Cap
$32.40B
Interest Coverage Ratio
14.80x
TTM Avg
14.41x
3Y Avg
13.27x
5Y Avg
12.34x
Market Cap
$31.49B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
Market Cap
$30.74B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
Market Cap
$30.72B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$30.60B
Interest Coverage Ratio
133.66x
TTM Avg
81.27x
3Y Avg
57.81x
5Y Avg
48.16x
Market Cap
$29.99B
Interest Coverage Ratio
7.63x
TTM Avg
8.79x
3Y Avg
9.45x
5Y Avg
11.57x
Market Cap
$28.62B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
Market Cap
$38.68B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $33.22B | 2.56x | 2.58x | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $32.40B | 14.80x | 14.41x | 13.27x | 12.34x |
| DexCom, Inc. (DXCM)vs › | $31.49B | 49.83x | 40.70x | 32.97x | 24.93x |
| Centene Corp. (CNC)vs › | $30.74B | -11.24x | 4.28x | 3.30x | 3.63x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 6.14x | 5.67x | 11.29x | 26.04x |
| ResMed Inc. (RMD)vs › | $30.60B | 133.66x | 81.27x | 57.81x | 48.16x |
| Biogen Inc. (BIIB)vs › | $29.99B | 7.63x | 8.79x | 9.45x | 11.57x |
| Mettler-Toledo International Inc. (MTD)vs › | $28.62B | 16.32x | 15.71x | 16.43x | 18.17x |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 3.14x | 3.21x | 3.42x | 3.19x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.50B | 1.99x | 1.99x | 1.99x | 1.99x |
Interest Coverage
2.6x
Debt/Equity
1.17
Current Ratio
4.29
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 |
|---|---|
| 2026-03-31 | 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 |
