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 17.94x is in line with its 5-year average of 17.44x, around the middle of its 5-year range (12.95x–26.18x).
As of the fiscal period ended Tuesday, June 30, 2026. 6.29% above its 12-month average of 16.88x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
17.94x
INTEREST COVERAGE RATIO AVG TTM
16.88x
INTEREST COVERAGE RATIO AVG 3Y
15.41x
INTEREST COVERAGE RATIO AVG 5Y
17.44x
INTEREST COVERAGE RATIO AVG 10Y
18.59x
INTEREST COVERAGE RATIO AVG 15Y
18.55x
INTEREST COVERAGE RATIO AVG 20Y
17.41x
CURRENT VS TTM AVG
+6.29%
CURRENT VS 3Y AVG
+16.38%
CURRENT VS 5Y AVG
+2.86%
CURRENT VS 10Y AVG
-3.49%
CURRENT VS 15Y AVG
-3.31%
CURRENT VS 20Y AVG
+3.05%
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+164.95%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$28.62B
Interest Coverage Ratio
17.94x
TTM Avg
16.88x
3Y Avg
15.41x
5Y Avg
17.44x
Market Cap
$27.44B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
Market Cap
$29.99B
Interest Coverage Ratio
7.63x
TTM Avg
8.79x
3Y Avg
9.45x
5Y Avg
11.57x
Market Cap
$30.60B
Interest Coverage Ratio
133.66x
TTM Avg
81.27x
3Y Avg
57.81x
5Y Avg
48.16x
Market Cap
$30.72B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$30.74B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
Market Cap
$25.72B
Interest Coverage Ratio
5.79x
TTM Avg
5.88x
3Y Avg
7.29x
5Y Avg
9.45x
Market Cap
$25.35B
Interest Coverage Ratio
6.77x
TTM Avg
5.99x
3Y Avg
5.91x
5Y Avg
8.30x
Market Cap
$32.20B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $28.62B | 17.94x | 16.88x | 15.41x | 17.44x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.44B | 1.99x | 1.99x | 1.99x | 1.99x |
| Biogen Inc. (BIIB)vs › | $29.99B | 7.63x | 8.79x | 9.45x | 11.57x |
| ResMed Inc. (RMD)vs › | $30.60B | 133.66x | 81.27x | 57.81x | 48.16x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 6.14x | 5.67x | 11.29x | 26.04x |
| Centene Corp. (CNC)vs › | $30.74B | -11.24x | 4.28x | 3.30x | 3.63x |
| Quest Diagnostics Incorporated (DGX)vs › | $25.72B | 5.79x | 5.88x | 7.29x | 9.45x |
| Labcorp Holdings Inc. (LH)vs › | $25.35B | 6.77x | 5.99x | 5.91x | 8.30x |
| DexCom, Inc. (DXCM)vs › | $32.20B | 49.83x | 40.70x | 32.97x | 24.93x |
| Zoetis Inc. (ZTS)vs › | $32.40B | 14.80x | 14.41x | 13.27x | 12.34x |
Interest Coverage
17.9x
Debt/Equity
-99.14
Current Ratio
1.14
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 | 17.94x |
| 2026-03-31 | 14.48x |
| 2025-12-31 | 19.75x |
| 2025-09-30 | 16.38x |
| 2025-06-30 | 15.84x |
| 2025-03-31 | 13.18x |
| 2024-12-31 | 18.69x |
| 2024-09-30 | 14.96x |
| 2024-06-30 | 14.03x |
| 2024-03-31 | 12.95x |
| 2023-12-31 | 13.42x |
| 2023-09-30 | 13.69x |
| 2023-06-30 | 15.05x |
| 2023-03-31 | 13.68x |
| 2022-12-31 | 20.36x |
| 2022-09-30 | 20.05x |
| 2022-06-30 | 21.08x |
| 2022-03-31 | 19.81x |
| 2021-12-31 | 26.18x |
| 2021-09-30 | 21.78x |
| 2021-06-30 | 22.90x |
| 2021-03-31 | 20.78x |
| 2020-12-31 | 29.26x |
| 2020-09-30 | 23.19x |
| 2020-06-30 | 16.99x |
| 2020-03-31 | 12.46x |
| 2019-12-31 | 25.27x |
| 2019-09-30 | 18.76x |
| 2019-06-30 | 18.62x |
| 2019-03-31 | 14.91x |
| 2018-12-31 | 25.76x |
| 2018-09-30 | 18.89x |
| 2018-06-30 | 18.93x |
| 2018-03-31 | 15.29x |
| 2017-12-31 | 23.90x |
| 2017-09-30 | 18.31x |
| 2017-06-30 | 16.79x |
| 2017-03-31 | 15.15x |
| 2016-12-31 | 25.40x |
| 2016-09-30 | 19.67x |
| 2016-06-30 | 17.52x |
| 2016-03-31 | 14.22x |
| 2015-12-31 | 25.79x |
| 2015-09-30 | 18.00x |
| 2015-06-30 | 15.94x |
| 2015-03-31 | 13.35x |
| 2014-12-31 | 24.36x |
| 2014-09-30 | 19.95x |
| 2014-06-30 | 17.74x |
| 2014-03-31 | 14.80x |
| 2013-12-31 | 25.44x |
| 2013-09-30 | 19.69x |
| 2013-06-30 | 18.15x |
| 2013-03-31 | 14.87x |
| 2012-12-31 | 26.08x |
| 2012-09-30 | 18.68x |
| 2012-06-30 | 16.77x |
| 2012-03-31 | 12.98x |
| 2011-12-31 | 20.95x |
| 2011-09-30 | 15.90x |
| 2011-06-30 | 15.85x |
| 2011-03-31 | 12.28x |
| 2010-12-31 | 22.85x |
| 2010-09-30 | 17.13x |
| 2010-06-30 | 16.21x |
| 2010-03-31 | 10.86x |
| 2009-12-31 | 218.64x |
| 2009-09-30 | 10.03x |
| 2009-06-30 | 8.71x |
| 2009-03-31 | 9.47x |
| 2008-09-30 | 10.78x |
| 2008-06-30 | 12.03x |
| 2008-03-31 | 9.56x |
| 2007-09-30 | 11.60x |
| 2007-06-30 | 12.16x |
| 2007-03-31 | 10.27x |
| 2006-09-30 | 48203.64x |
| 2006-03-31 | 8.69x |
| 2005-09-30 | 12.01x |
| 2005-06-30 | 12.85x |
| 2004-09-30 | 13.05x |