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 6.65x is 16% below its 5-year average of 7.87x, near the low end of its 5-year range (1.48x–35.52x).
2.89% above its 12-month average of 6.46x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 6.42x.
INTEREST COVERAGE RATIO
6.65x
INTEREST COVERAGE RATIO AVG TTM
6.46x
INTEREST COVERAGE RATIO AVG 3Y
8.39x
INTEREST COVERAGE RATIO AVG 5Y
7.87x
INTEREST COVERAGE RATIO AVG 10Y
7.54x
INTEREST COVERAGE RATIO AVG 15Y
6.49x
INTEREST COVERAGE RATIO AVG 20Y
5.91x
CURRENT VS TTM AVG
+2.89%
CURRENT VS 3Y AVG
-20.70%
CURRENT VS 5Y AVG
-15.52%
CURRENT VS 10Y AVG
-11.86%
CURRENT VS 15Y AVG
+2.42%
CURRENT VS 20Y AVG
+12.61%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-27.12%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$29.52B
Interest Coverage Ratio
6.65x
TTM Avg
6.46x
3Y Avg
8.39x
5Y Avg
7.87x
Market Cap
$31.29B
Interest Coverage Ratio
3.41x
TTM Avg
5.28x
3Y Avg
5.86x
5Y Avg
6.14x
Market Cap
$31.50B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
39.25x
5Y Avg
57.54x
Market Cap
$33.52B
Interest Coverage Ratio
21.07x
TTM Avg
27.77x
3Y Avg
38.09x
5Y Avg
39.41x
Market Cap
$23.29B
Interest Coverage Ratio
9.00x
TTM Avg
9.25x
3Y Avg
9.18x
5Y Avg
10.59x
Market Cap
$37.06B
Interest Coverage Ratio
5.31x
TTM Avg
4.89x
3Y Avg
8.75x
5Y Avg
7.80x
Market Cap
$21.33B
Interest Coverage Ratio
28.40x
TTM Avg
36.25x
3Y Avg
27.89x
5Y Avg
42.77x
Market Cap
$21.24B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $29.52B | 6.65x | 6.46x | 8.39x | 7.87x |
| Vulcan Materials Company (VMC)vs › | $31.29B | 3.41x | 5.28x | 5.86x | 6.14x |
| Teck Resources Limited (TECK)vs › | $31.50B | 2.17x | 2.17x | 39.25x | 57.54x |
| Steel Dynamics, Inc. (STLD)vs › | $33.52B | 21.07x | 27.77x | 38.09x | 39.41x |
| PPG Industries, Inc. (PPG)vs › | $23.29B | 9.00x | 9.25x | 9.18x | 10.59x |
| Nutrien Ltd. (NTR)vs › | $37.06B | 5.31x | 4.89x | 8.75x | 7.80x |
| Royal Gold, Inc. (RGLD)vs › | $21.33B | 28.40x | 36.25x | 27.89x | 42.77x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.24B | 3.68x | 3.09x | 3.09x | 3.13x |
| Dow Inc. (DOW)vs › | $20.73B | 0.30x | 1.51x | 3.66x | 4.83x |
| Coeur Mining, Inc. (CDE)vs › | $20.47B | 24.26x | 13.73x | 13.73x | 12.58x |
Interest Coverage
6.7x
Debt/Equity
0.52
Current Ratio
1.40
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 | 6.42x |
| 2026-03-31 | 2.89x |
| 2025-12-31 | 6.40x |
| 2025-09-30 | 8.56x |
| 2025-06-30 | 8.04x |
| 2025-03-31 | 3.46x |
| 2024-12-31 | 7.98x |
| 2024-09-30 | 12.87x |
| 2024-06-30 | 9.95x |
| 2024-03-31 | 35.52x |
| 2023-12-31 | 9.21x |
| 2023-09-30 | 13.83x |
| 2023-06-30 | 11.02x |
| 2023-03-31 | 4.67x |
| 2022-12-31 | 6.16x |
| 2022-09-30 | 9.48x |
| 2022-06-30 | 11.10x |
| 2022-03-31 | 1.48x |
| 2021-12-31 | 4.91x |
| 2021-09-30 | 8.06x |
| 2021-06-30 | 10.94x |
| 2021-03-31 | 3.62x |
| 2020-12-31 | 8.47x |
| 2020-09-30 | 13.96x |
| 2020-06-30 | 9.82x |
| 2020-03-31 | 1.94x |
| 2019-12-31 | 6.03x |
| 2019-09-30 | 10.66x |
| 2019-06-30 | 8.59x |
| 2019-03-31 | 2.10x |
| 2018-12-31 | 4.38x |
| 2018-09-30 | 6.79x |
| 2018-06-30 | 8.01x |
| 2018-03-31 | 1.11x |
| 2017-12-31 | 7.82x |
| 2017-09-30 | 9.81x |
| 2017-06-30 | 8.85x |
| 2017-03-31 | 3.70x |
| 2016-12-31 | 7.48x |
| 2016-09-30 | 11.80x |
| 2016-06-30 | 9.40x |
| 2016-03-31 | 4.29x |
| 2015-12-31 | 7.25x |
| 2015-09-30 | 9.48x |
| 2015-06-30 | 7.18x |
| 2015-03-31 | 1.32x |
| 2014-12-31 | 5.62x |
| 2014-09-30 | 5.85x |
| 2014-06-30 | 7.43x |
| 2014-03-31 | -1.30x |
| 2013-12-31 | 4.90x |
| 2013-09-30 | 8.05x |
| 2013-06-30 | 5.11x |
| 2013-03-31 | -1.73x |
| 2012-12-31 | 2.99x |
| 2012-09-30 | 6.92x |
| 2012-06-30 | 4.47x |
| 2012-03-31 | -2.62x |
| 2011-12-31 | 1.89x |
| 2011-09-30 | 5.97x |
| 2011-06-30 | 4.71x |
| 2011-03-31 | -0.24x |
| 2010-12-31 | 2.05x |
| 2010-09-30 | 4.90x |
| 2010-06-30 | 5.39x |
| 2010-03-31 | -0.73x |
| 2009-12-31 | 0.80x |
| 2009-09-30 | 4.91x |
| 2009-06-30 | 3.91x |
| 2009-03-31 | 0.59x |
| 2008-09-30 | 5.89x |
| 2008-06-30 | 5.43x |
| 2008-03-31 | 2.71x |
