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 26.49x is 137% above its 5-year average of 11.16x, near the high end of its 5-year range (7.16x–26.49x).
219.05% above its 12-month average of 8.30x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 10.20x.
INTEREST COVERAGE RATIO
26.49x
INTEREST COVERAGE RATIO AVG TTM
8.30x
INTEREST COVERAGE RATIO AVG 3Y
8.30x
INTEREST COVERAGE RATIO AVG 5Y
11.16x
INTEREST COVERAGE RATIO AVG 10Y
10.53x
INTEREST COVERAGE RATIO AVG 15Y
7.01x
INTEREST COVERAGE RATIO AVG 20Y
6.69x
CURRENT VS TTM AVG
+219.05%
CURRENT VS 3Y AVG
+219.05%
CURRENT VS 5Y AVG
+137.33%
CURRENT VS 10Y AVG
+151.67%
CURRENT VS 15Y AVG
+277.67%
CURRENT VS 20Y AVG
+295.73%
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
+406.50%
vs the sector median at left
Nasdaq, Inc.
Market Cap
$49.88B
Interest Coverage Ratio
26.49x
TTM Avg
8.30x
3Y Avg
8.30x
5Y Avg
11.16x
Market Cap
$49.55B
Interest Coverage Ratio
0.82x
TTM Avg
0.71x
3Y Avg
1.34x
5Y Avg
2.60x
Market Cap
$50.28B
Interest Coverage Ratio
14.82x
TTM Avg
14.39x
3Y Avg
15.15x
5Y Avg
15.34x
Market Cap
$51.24B
Interest Coverage Ratio
0.43x
TTM Avg
0.40x
3Y Avg
0.83x
5Y Avg
178.01x
Market Cap
$46.03B
Interest Coverage Ratio
13.75x
TTM Avg
13.84x
3Y Avg
13.70x
5Y Avg
14.82x
Market Cap
$45.41B
Interest Coverage Ratio
16.81x
TTM Avg
22.71x
3Y Avg
22.71x
5Y Avg
50.31x
Market Cap
$43.81B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.40B
Interest Coverage Ratio
2.30x
TTM Avg
1.63x
3Y Avg
1.22x
5Y Avg
1.43x
Market Cap
$41.40B
Interest Coverage Ratio
2.21x
TTM Avg
2.21x
3Y Avg
2.21x
5Y Avg
2.21x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nasdaq, Inc. (NDAQ) | $49.88B | 26.49x | 8.30x | 8.30x | 11.16x |
| Fifth Third Bancorp (FITB)vs › | $49.55B | 0.82x | 0.71x | 1.34x | 2.60x |
| Ameriprise Financial, Inc. (AMP)vs › | $50.28B | 14.82x | 14.39x | 15.15x | 15.34x |
| State Street Corporation (STT)vs › | $51.24B | 0.43x | 0.40x | 0.83x | 178.01x |
| PayPal Holdings, Inc. (PYPL)vs › | $46.03B | 13.75x | 13.84x | 13.70x | 14.82x |
| Coinbase Global, Inc. (COIN)vs › | $45.41B | 16.81x | 22.71x | 22.71x | 50.31x |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $43.81B | N/A | N/A | N/A | N/A |
| Ares Management Corporation (ARES)vs › | $42.40B | 2.30x | 1.63x | 1.22x | 1.43x |
| Prudential Financial, Inc. (PRU)vs › | $41.40B | 2.21x | 2.21x | 2.21x | 2.21x |
| American International Group, Inc. (AIG)vs › | $40.29B | 9.80x | 9.09x | 7.49x | 8.04x |
Interest Coverage
26.5x
Debt/Equity
0.77
Current Ratio
0.48
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 | 10.20x |
| 2026-03-31 | 7.55x |
| 2025-12-31 | 7.16x |
| 2022-06-30 | 13.73x |
| 2022-03-31 | 13.97x |
| 2021-12-31 | 12.29x |
| 2021-09-30 | 11.87x |
| 2021-06-30 | 12.53x |
| 2016-06-30 | 5.44x |
| 2016-03-31 | 7.82x |
| 2015-12-31 | 10.65x |
| 2015-09-30 | 8.25x |
| 2015-06-30 | 8.04x |
| 2015-03-31 | 0.96x |
| 2014-12-31 | 5.97x |
| 2014-09-30 | 7.14x |
| 2014-06-30 | 6.37x |
| 2014-03-31 | 6.13x |
| 2013-12-31 | 7.93x |
| 2013-09-30 | 6.31x |
| 2013-06-30 | 6.12x |
| 2013-03-31 | 3.75x |
| 2012-12-31 | 7.25x |
| 2012-09-30 | 7.08x |
| 2012-06-30 | 7.29x |
| 2012-03-31 | 7.13x |
| 2011-12-31 | 6.15x |
| 2011-09-30 | 6.50x |
| 2011-06-30 | 5.10x |
| 2011-03-31 | 5.72x |
| 2010-12-31 | 6.73x |
| 2010-09-30 | 6.60x |
| 2010-06-30 | 6.88x |
| 2010-03-31 | 4.48x |
| 2009-12-31 | 5.92x |
| 2009-09-30 | 5.04x |
| 2009-06-30 | 6.36x |
| 2009-03-31 | 6.15x |
| 2008-09-30 | 5.93x |
| 2008-06-30 | 6.46x |
| 2008-03-31 | 13.30x |