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 4.80x is 26% above its 5-year average of 3.79x, around the middle of its 5-year range (-1.34x–11.28x).
As of the fiscal period ended Tuesday, June 30, 2026. 0.64% below its 12-month average of 4.83x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
4.80x
INTEREST COVERAGE RATIO AVG TTM
4.83x
INTEREST COVERAGE RATIO AVG 3Y
2.73x
INTEREST COVERAGE RATIO AVG 5Y
3.42x
INTEREST COVERAGE RATIO AVG 10Y
5.30x
INTEREST COVERAGE RATIO AVG 15Y
4.97x
INTEREST COVERAGE RATIO AVG 20Y
5.09x
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
+75.83%
CURRENT VS 5Y AVG
+40.32%
CURRENT VS 10Y AVG
-9.44%
CURRENT VS 15Y AVG
-3.41%
CURRENT VS 20Y AVG
-5.79%
SECTOR MEDIAN · INDUSTRIALS
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
-40.31%
vs the sector median at left
MasTec, Inc.
Market Cap
$21.88B
Interest Coverage Ratio
4.80x
TTM Avg
4.83x
3Y Avg
2.73x
5Y Avg
3.42x
Market Cap
$21.54B
Interest Coverage Ratio
25.43x
TTM Avg
25.43x
3Y Avg
26.27x
5Y Avg
25.11x
Market Cap
$21.45B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$23.02B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$23.37B
Interest Coverage Ratio
N/A
TTM Avg
137.10x
3Y Avg
2303.50x
5Y Avg
2303.50x
Market Cap
$23.72B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$23.97B
Interest Coverage Ratio
13.30x
TTM Avg
12.00x
3Y Avg
20.66x
5Y Avg
20.66x
Market Cap
$25.22B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$25.55B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MasTec, Inc. (MTZ) | $21.88B | 4.80x | 4.83x | 2.73x | 3.42x |
| Snap-on Incorporated (SNA)vs › | $21.54B | 25.43x | 25.43x | 26.27x | 25.11x |
| Equifax Inc. (EFX)vs › | $21.45B | 5.16x | 4.86x | 4.84x | 5.33x |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 3.79x | 2.65x | 2.41x | 2.72x |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | N/A | 137.10x | 2303.50x | 2303.50x |
| XPO Logistics, Inc. (XPO)vs › | $23.72B | 3.33x | 3.15x | 2.92x | 2.25x |
| Veralto Corporation (VLTO)vs › | $23.97B | 13.30x | 12.00x | 20.66x | 20.66x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 12.19x | 11.36x | 15.94x | 16.89x |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 14.79x | 13.29x | 11.25x | 10.42x |
| Rollins, Inc. (ROL)vs › | $18.16B | 25.54x | 24.64x | 66.73x | 148.68x |
Interest Coverage
4.8x
Debt/Equity
0.93
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 | 4.80x |
| 2026-03-31 | 3.26x |
| 2025-12-31 | 4.66x |
| 2025-09-30 | 7.85x |
| 2025-06-30 | 3.56x |
| 2025-03-31 | 0.92x |
| 2024-12-31 | 3.17x |
| 2024-09-30 | 3.82x |
| 2024-06-30 | 2.33x |
| 2024-03-31 | 0.01x |
| 2023-12-31 | 0.82x |
| 2023-09-30 | 3.84x |
| 2023-06-30 | 1.53x |
| 2023-03-31 | -1.34x |
| 2022-12-31 | 1.94x |
| 2022-09-30 | 4.16x |
| 2022-06-30 | 7.86x |
| 2022-03-31 | 1.37x |
| 2021-12-31 | 6.26x |
| 2021-09-30 | 11.28x |
| 2021-06-30 | 7.52x |
| 2021-03-31 | 15.33x |
| 2020-12-31 | 10.75x |
| 2020-09-30 | 12.28x |
| 2020-06-30 | 5.40x |
| 2020-03-31 | 2.84x |
| 2019-12-31 | 7.15x |
| 2019-09-30 | 9.99x |
| 2019-06-30 | 10.62x |
| 2019-03-31 | 3.48x |
| 2018-12-31 | 3.94x |
| 2018-09-30 | 7.52x |
| 2018-06-30 | 6.59x |
| 2018-03-31 | 3.20x |
| 2017-12-31 | 3.64x |
| 2017-09-30 | 7.12x |
| 2017-06-30 | 10.38x |
| 2017-03-31 | 6.40x |
| 2016-12-31 | 8.27x |
| 2016-09-30 | 8.28x |
| 2016-06-30 | 4.33x |
| 2016-03-31 | 0.59x |
| 2015-12-31 | -4.65x |
| 2015-09-30 | 2.21x |
| 2015-06-30 | 0.81x |
| 2015-03-31 | 0.01x |
| 2014-09-30 | 7.53x |
| 2014-06-30 | 5.88x |
| 2014-03-31 | 3.69x |
| 2013-12-31 | 8.18x |
| 2013-06-30 | 5.62x |
| 2013-03-31 | 5.91x |
| 2012-12-31 | 2.83x |
| 2012-09-30 | 8.19x |
| 2012-06-30 | 6.17x |
| 2012-03-31 | 3.53x |
| 2011-12-31 | -3.62x |
| 2011-09-30 | 6.63x |
| 2011-06-30 | 7.04x |
| 2011-03-31 | 5.29x |
| 2010-12-31 | 7.52x |
| 2010-09-30 | 4.47x |
| 2010-06-30 | 2.74x |
| 2010-03-31 | 3.65x |
| 2009-12-31 | 1.95x |
| 2009-09-30 | 1.88x |
| 2009-06-30 | 3.22x |
| 2009-03-31 | 1.00x |
| 2008-12-31 | 4.66x |
| 2008-09-30 | 7.06x |
| 2008-06-30 | 5.33x |
| 2008-03-31 | 4.13x |
| 2007-12-31 | 6.20x |
| 2007-09-30 | 10.88x |
| 2007-06-30 | 8.79x |
| 2006-12-31 | 4.48x |
| 2006-09-30 | 6.62x |
| 2006-06-30 | 5.28x |
| 2006-03-31 | 1.91x |
| 2005-12-31 | 5.29x |
| 2005-09-30 | 1.75x |
| 2005-06-30 | 1.22x |
| 2005-03-31 | 1.78x |
| 2004-12-31 | -0.43x |
| 2004-09-30 | 1.65x |
| 2004-06-30 | 0.78x |
| 2004-03-31 | 5.32x |
| 2003-12-31 | 3.39x |
| 2003-09-30 | 2.76x |
| 2003-06-30 | 1.75x |
| 2002-12-31 | 8.98x |
| 2002-09-30 | 1.62x |
