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 9.40x is 20% below its 5-year average of 11.70x, around the middle of its 5-year range (0.43x–23.39x).
As of the fiscal period ended Tuesday, March 31, 2026. 51.02% below its 12-month average of 19.19x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
9.40x
INTEREST COVERAGE RATIO AVG TTM
19.19x
INTEREST COVERAGE RATIO AVG 3Y
15.89x
INTEREST COVERAGE RATIO AVG 5Y
11.70x
INTEREST COVERAGE RATIO AVG 10Y
6.68x
INTEREST COVERAGE RATIO AVG 15Y
8.60x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-51.02%
CURRENT VS 3Y AVG
-40.84%
CURRENT VS 5Y AVG
-19.69%
CURRENT VS 10Y AVG
+40.64%
CURRENT VS 15Y AVG
+9.28%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
6.33x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+48.50%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$95.21B
Interest Coverage Ratio
9.40x
TTM Avg
19.19x
3Y Avg
15.89x
5Y Avg
11.70x
Market Cap
$98.31B
Interest Coverage Ratio
5.12x
TTM Avg
5.27x
3Y Avg
6.49x
5Y Avg
5.06x
Market Cap
$89.93B
Interest Coverage Ratio
N/A
TTM Avg
46.69x
3Y Avg
31.45x
5Y Avg
23.77x
Market Cap
$85.37B
Interest Coverage Ratio
4.95x
TTM Avg
3.77x
3Y Avg
3.19x
5Y Avg
3.19x
Market Cap
$108.29B
Interest Coverage Ratio
8.57x
TTM Avg
16.34x
3Y Avg
17.47x
5Y Avg
12.43x
Market Cap
$80.54B
Interest Coverage Ratio
82.30x
TTM Avg
61.55x
3Y Avg
44.74x
5Y Avg
35.81x
Market Cap
$80.37B
Interest Coverage Ratio
4.00x
TTM Avg
9.55x
3Y Avg
9.94x
5Y Avg
9.27x
Market Cap
$74.05B
Interest Coverage Ratio
14.72x
TTM Avg
14.66x
3Y Avg
15.98x
5Y Avg
16.53x
Market Cap
$116.57B
Interest Coverage Ratio
6.65x
TTM Avg
6.77x
3Y Avg
8.12x
5Y Avg
9.87x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $95.21B | 9.40x | 19.19x | 15.89x | 11.70x |
| Marriott International, Inc. (MAR)vs › | $98.31B | 5.12x | 5.27x | 6.49x | 5.06x |
| Airbnb, Inc. (ABNB)vs › | $89.93B | N/A | 46.69x | 31.45x | 23.77x |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $85.37B | 4.95x | 3.77x | 3.19x | 3.19x |
| BYD Company Limited (BYDDY)vs › | $108.29B | 8.57x | 16.34x | 17.47x | 12.43x |
| Ross Stores, Inc. (ROST)vs › | $80.54B | 82.30x | 61.55x | 44.74x | 35.81x |
| General Motors Company (GM)vs › | $80.37B | 4.00x | 9.55x | 9.94x | 9.27x |
| O'Reilly Automotive, Inc. (ORLY)vs › | $74.05B | 14.72x | 14.66x | 15.98x | 16.53x |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 6.65x | 6.77x | 8.12x | 9.87x |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $72.13B | 4.34x | 4.25x | 4.59x | 4.18x |
Interest Coverage
9.4x
Debt/Equity
1.69
Current Ratio
1.17
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 | 9.40x |
| 2025-12-31 | 23.39x |
| 2025-09-30 | 20.69x |
| 2025-06-30 | 22.92x |
| 2025-03-31 | 19.56x |
| 2024-12-31 | 17.08x |
| 2024-09-30 | 13.93x |
| 2024-06-30 | 18.62x |
| 2024-03-31 | 13.89x |
| 2023-12-31 | 6.32x |
| 2023-09-30 | 14.81x |
| 2023-06-30 | 13.65x |
| 2023-03-31 | 12.29x |
| 2022-12-31 | 3.49x |
| 2022-09-30 | 3.22x |
| 2022-06-30 | 3.42x |
| 2022-03-31 | 19.86x |
| 2021-12-31 | 0.43x |
| 2021-09-30 | 3.60x |
| 2021-06-30 | 4.22x |
| 2021-03-31 | 1.00x |
| 2020-12-31 | -0.79x |
| 2020-09-30 | 3.39x |
| 2020-06-30 | 3.69x |
| 2020-03-31 | -1.26x |
| 2019-12-31 | -3.25x |
| 2019-09-30 | -5.67x |
| 2019-06-30 | -0.85x |
| 2019-03-31 | 0.65x |
| 2018-12-31 | -0.05x |
| 2018-09-30 | -0.69x |
| 2018-06-30 | -2.14x |
| 2018-03-31 | -2.74x |
| 2017-12-31 | -9.53x |
| 2017-09-30 | 4.11x |
| 2017-06-30 | 4.61x |
| 2017-03-31 | 10.76x |
| 2016-12-31 | 9.51x |
| 2016-09-30 | 8.27x |
| 2016-06-30 | 4.85x |
| 2016-03-31 | 5.36x |
| 2015-12-31 | 7.97x |
| 2015-09-30 | 7.53x |
| 2015-06-30 | 6.66x |
| 2015-03-31 | 5.17x |
| 2014-12-31 | 9.16x |
| 2014-09-30 | 9.60x |
| 2014-06-30 | -7.60x |
| 2014-03-31 | 33.10x |
| 2013-12-31 | 53.38x |
| 2013-09-30 | 76.72x |
| 2013-06-30 | 66.68x |
| 2013-03-31 | 79.29x |
| 2012-12-31 | 142.86x |
| 2012-09-30 | 107.76x |
| 2012-06-30 | 67.23x |
| 2012-03-31 | 322.45x |
| 2011-12-31 | 26.67x |
| 2011-09-30 | 28.46x |
| 2011-06-30 | 24.47x |
| 2011-03-31 | 30.67x |
| 2010-12-31 | 30.73x |
| 2010-09-30 | 34.00x |
| 2010-06-30 | 5.61x |
| 2010-03-31 | 5.18x |
| 2009-12-31 | 4.91x |
| 2009-09-30 | 4.90x |
| 2009-06-30 | 3.72x |
| 2009-03-31 | 2.70x |