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 7.97x is in line with its 5-year average of 8.10x, around the middle of its 5-year range (2.66x–13.66x).
3.16% below its 12-month average of 8.23x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 7.49x.
INTEREST COVERAGE RATIO
7.97x
INTEREST COVERAGE RATIO AVG TTM
8.23x
INTEREST COVERAGE RATIO AVG 3Y
5.94x
INTEREST COVERAGE RATIO AVG 5Y
8.10x
INTEREST COVERAGE RATIO AVG 10Y
8.94x
INTEREST COVERAGE RATIO AVG 15Y
8.94x
INTEREST COVERAGE RATIO AVG 20Y
8.82x
CURRENT VS TTM AVG
-3.16%
CURRENT VS 3Y AVG
+34.20%
CURRENT VS 5Y AVG
-1.57%
CURRENT VS 10Y AVG
-10.86%
CURRENT VS 15Y AVG
-10.85%
CURRENT VS 20Y AVG
-9.67%
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
+305.60%
vs the sector median at left
McGrath RentCorp
Market Cap
$2.88B
Interest Coverage Ratio
7.97x
TTM Avg
8.23x
3Y Avg
5.94x
5Y Avg
8.10x
Market Cap
$2.87B
Interest Coverage Ratio
6.86x
TTM Avg
6.41x
3Y Avg
5.78x
5Y Avg
32.16x
Market Cap
$2.87B
Interest Coverage Ratio
7.30x
TTM Avg
17.26x
3Y Avg
26.14x
5Y Avg
24.01x
Market Cap
$2.97B
Interest Coverage Ratio
2.92x
TTM Avg
2.59x
3Y Avg
2.79x
5Y Avg
2.61x
Market Cap
$2.66B
Interest Coverage Ratio
6.08x
TTM Avg
3.64x
3Y Avg
3.64x
5Y Avg
3.64x
Market Cap
$3.14B
Interest Coverage Ratio
2.20x
TTM Avg
1.68x
3Y Avg
2.54x
5Y Avg
2.35x
Market Cap
$2.59B
Interest Coverage Ratio
-10.43x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.17B
Interest Coverage Ratio
0.84x
TTM Avg
0.84x
3Y Avg
4.52x
5Y Avg
4.03x
Market Cap
$3.20B
Interest Coverage Ratio
7.14x
TTM Avg
12.35x
3Y Avg
22.61x
5Y Avg
20.09x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McGrath RentCorp (MGRC) | $2.88B | 7.97x | 8.23x | 5.94x | 8.10x |
| Maximus, Inc. (MMS)vs › | $2.87B | 6.86x | 6.41x | 5.78x | 32.16x |
| ArcBest Corp (ARCB)vs › | $2.87B | 7.30x | 17.26x | 26.14x | 24.01x |
| DXP Enterprises, Inc. (DXPE)vs › | $2.97B | 2.92x | 2.59x | 2.79x | 2.61x |
| Astronics Corporation (ATRO)vs › | $2.66B | 6.08x | 3.64x | 3.64x | 3.64x |
| WillScot Holdings Corporation (WSC)vs › | $3.14B | 2.20x | 1.68x | 2.54x | 2.35x |
| Plug Power Inc. (PLUG)vs › | $2.59B | -10.43x | N/A | N/A | N/A |
| First Advantage Corporation (FA)vs › | $3.17B | 0.84x | 0.84x | 4.52x | 4.03x |
| Atkore Inc. (ATKR)vs › | $3.20B | 7.14x | 12.35x | 22.61x | 20.09x |
| Redwire Corp (RDW)vs › | $2.54B | -5.78x | N/A | N/A | N/A |
Interest Coverage
8.0x
Debt/Equity
0.47
Current Ratio
0.40
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 | 7.49x |
| 2026-03-31 | 6.69x |
| 2025-12-31 | 11.46x |
| 2025-09-30 | 8.17x |
| 2025-06-30 | 7.33x |
| 2025-03-31 | 5.59x |
| 2024-12-31 | 7.12x |
| 2024-09-30 | 5.91x |
| 2024-06-30 | 4.17x |
| 2024-03-31 | 3.37x |
| 2023-12-31 | 4.59x |
| 2023-09-30 | 6.04x |
| 2023-06-30 | 4.78x |
| 2023-03-31 | 2.66x |
| 2022-12-31 | 10.20x |
| 2022-09-30 | 11.94x |
| 2022-06-30 | 13.66x |
| 2022-03-31 | 11.17x |
| 2021-12-31 | 13.23x |
| 2021-09-30 | 11.33x |
| 2021-06-30 | 13.12x |
| 2021-03-31 | 13.43x |
| 2020-12-31 | 20.69x |
| 2020-09-30 | 18.97x |
| 2020-06-30 | 14.97x |
| 2020-03-31 | 11.20x |
| 2019-12-31 | 13.08x |
| 2019-09-30 | 14.79x |
| 2019-06-30 | 9.26x |
| 2019-03-31 | 8.79x |
| 2018-12-31 | 11.11x |
| 2018-09-30 | 11.40x |
| 2018-06-30 | 8.15x |
| 2018-03-31 | 7.37x |
| 2017-12-31 | 9.24x |
| 2017-09-30 | 10.14x |
| 2017-06-30 | 7.41x |
| 2017-03-31 | 5.67x |
| 2016-12-31 | 8.34x |
| 2016-09-30 | 8.24x |
| 2016-06-30 | 6.04x |
| 2016-03-31 | 4.01x |
| 2015-12-31 | 7.38x |
| 2015-09-30 | 10.29x |
| 2015-06-30 | 7.02x |
| 2015-03-31 | 5.80x |
| 2014-12-31 | 11.37x |
| 2014-09-30 | 10.52x |
| 2014-06-23 | 7.81x |
| 2014-03-31 | 6.87x |
| 2013-12-31 | 9.88x |
| 2013-09-30 | 10.63x |
| 2013-06-30 | 8.51x |
| 2013-03-31 | 7.88x |
| 2012-12-31 | 9.26x |
| 2012-09-30 | 9.86x |
| 2012-06-30 | 8.24x |
| 2012-03-31 | 8.50x |
| 2011-12-31 | 11.02x |
| 2011-09-30 | 13.31x |
| 2011-06-30 | 10.60x |
| 2011-03-31 | 11.67x |
| 2010-12-31 | 14.17x |
| 2010-09-30 | 10.71x |
| 2010-06-30 | 9.02x |
| 2010-03-31 | 8.20x |
| 2009-12-31 | 9.77x |
| 2009-09-30 | 10.28x |
| 2009-06-30 | 6.91x |
| 2009-03-31 | 7.86x |
| 2008-12-31 | 1.79x |
| 2008-09-30 | 8.54x |
| 2008-06-30 | 8.24x |
| 2008-03-31 | 7.84x |
| 2007-12-31 | 2.11x |
| 2007-09-30 | 8.37x |