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 48.27x is 86% below its 5-year average of 335.04x, near the low end of its 5-year range (34.94x–1493.71x).
As of the fiscal period ended Tuesday, June 30, 2026. 82.22% below its 12-month average of 271.50x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
48.27x
INTEREST COVERAGE RATIO AVG TTM
271.50x
INTEREST COVERAGE RATIO AVG 3Y
261.83x
INTEREST COVERAGE RATIO AVG 5Y
335.04x
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
-82.22%
CURRENT VS 3Y AVG
-81.56%
CURRENT VS 5Y AVG
-85.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+822.93%
vs the sector median at left
MarketAxess Holdings Inc.
Market Cap
$5.72B
Interest Coverage Ratio
48.27x
TTM Avg
271.50x
3Y Avg
261.83x
5Y Avg
335.04x
Market Cap
$5.89B
Interest Coverage Ratio
96.73x
TTM Avg
82.13x
3Y Avg
76.37x
5Y Avg
62.55x
Market Cap
$5.54B
Interest Coverage Ratio
0.91x
TTM Avg
0.90x
3Y Avg
0.97x
5Y Avg
2.37x
Market Cap
$5.45B
Interest Coverage Ratio
4.06x
TTM Avg
4.21x
3Y Avg
4.05x
5Y Avg
3.78x
Market Cap
$8.17B
Interest Coverage Ratio
-2.12x
TTM Avg
2.49x
3Y Avg
2.49x
5Y Avg
2.49x
Market Cap
$2.74B
Interest Coverage Ratio
1.95x
TTM Avg
4.25x
3Y Avg
3.37x
5Y Avg
5.68x
Market Cap
$8.70B
Interest Coverage Ratio
59.58x
TTM Avg
55.19x
3Y Avg
48.33x
5Y Avg
163.49x
Market Cap
$9.81B
Interest Coverage Ratio
-10.55x
TTM Avg
7.92x
3Y Avg
7.92x
5Y Avg
5.69x
Market Cap
$1.10B
Interest Coverage Ratio
-0.46x
TTM Avg
2.08x
3Y Avg
2.33x
5Y Avg
3.20x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MarketAxess Holdings Inc. (MKTX) | $5.72B | 48.27x | 271.50x | 261.83x | 335.04x |
| RLI Corp. (RLI)vs › | $5.89B | 96.73x | 82.13x | 76.37x | 62.55x |
| Axos Financial, Inc. (AX)vs › | $5.54B | 0.91x | 0.90x | 0.97x | 2.37x |
| Main Street Capital Corporation (MAIN)vs › | $5.45B | 4.06x | 4.21x | 4.05x | 3.78x |
| TeraWulf Inc. (WULF)vs › | $8.17B | -2.12x | 2.49x | 2.49x | 2.49x |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.74B | 1.95x | 4.25x | 3.37x | 5.68x |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.70B | 59.58x | 55.19x | 48.33x | 163.49x |
| Hut 8 Corp. (HUT)vs › | $9.81B | -10.55x | 7.92x | 7.92x | 5.69x |
| Lufax Holding Ltd (LU)vs › | $1.10B | -0.46x | 2.08x | 2.33x | 3.20x |
| Washington Trust Bancorp, Inc. (WASH)vs › | $759.57M | 0.41x | 0.41x | 1.04x | 2.23x |
Interest Coverage
48.3x
Debt/Equity
0.14
Current Ratio
1.76
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 | 48.27x |
| 2026-03-31 | 34.94x |
| 2025-12-31 | 79.80x |
| 2025-09-30 | 494.79x |
| 2025-06-30 | 699.68x |
| 2025-03-31 | 428.04x |
| 2024-12-31 | 228.66x |
| 2024-09-30 | 266.55x |
| 2024-06-30 | 131.79x |
| 2024-03-31 | 291.40x |
| 2023-12-31 | 49.32x |
| 2023-09-30 | 388.74x |
| 2023-06-30 | 1428.81x |
| 2023-03-31 | 733.51x |
| 2022-12-31 | 1493.71x |
| 2022-09-30 | 552.98x |
| 2022-06-30 | 251.60x |
| 2022-03-31 | 502.84x |
| 2021-12-31 | 437.32x |
| 2021-09-30 | 235.69x |
| 2021-06-30 | 509.81x |
| 2021-03-31 | 541.75x |
| 2020-12-31 | 955.18x |
| 2020-09-30 | 83.95x |
