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 10.20x is in line with its 5-year average of 11.16x, around the middle of its 5-year range (7.16x–13.97x).
As of the fiscal period ended Tuesday, June 30, 2026. 22.82% above its 12-month average of 8.30x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
10.20x
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
+22.82%
CURRENT VS 3Y AVG
+22.82%
CURRENT VS 5Y AVG
-8.64%
CURRENT VS 10Y AVG
-3.12%
CURRENT VS 15Y AVG
+45.39%
CURRENT VS 20Y AVG
+52.34%
SECTOR MEDIAN · FINANCIAL SERVICES
5.21x
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+95.73%
vs the sector median at left
Nasdaq, Inc.
Market Cap
$52.65B
Interest Coverage Ratio
10.20x
TTM Avg
8.30x
3Y Avg
8.30x
5Y Avg
11.16x
Market Cap
$51.21B
Interest Coverage Ratio
0.82x
TTM Avg
0.71x
3Y Avg
1.34x
5Y Avg
2.60x
Market Cap
$50.97B
Interest Coverage Ratio
0.43x
TTM Avg
0.40x
3Y Avg
0.83x
5Y Avg
178.01x
Market Cap
$50.47B
Interest Coverage Ratio
13.75x
TTM Avg
13.84x
3Y Avg
13.70x
5Y Avg
14.82x
Market Cap
$50.34B
Interest Coverage Ratio
3.09x
TTM Avg
2.15x
3Y Avg
3.65x
5Y Avg
2.81x
Market Cap
$49.07B
Interest Coverage Ratio
14.82x
TTM Avg
14.39x
3Y Avg
15.15x
5Y Avg
15.34x
Market Cap
$44.83B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$61.85B
Interest Coverage Ratio
4.39x
TTM Avg
4.90x
3Y Avg
4.67x
5Y Avg
5.92x
Market Cap
$42.36B
Interest Coverage Ratio
2.27x
TTM Avg
2.27x
3Y Avg
2.27x
5Y Avg
2.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nasdaq, Inc. (NDAQ) | $52.65B | 10.20x | 8.30x | 8.30x | 11.16x |
| Fifth Third Bancorp (FITB)vs › | $51.21B | 0.82x | 0.71x | 1.34x | 2.60x |
| State Street Corporation (STT)vs › | $50.97B | 0.43x | 0.40x | 0.83x | 178.01x |
| PayPal Holdings, Inc. (PYPL)vs › | $50.47B | 13.75x | 13.84x | 13.70x | 14.82x |
| Discover Financial Services (DFS)vs › | $50.34B | 3.09x | 2.15x | 3.65x | 2.81x |
| Ameriprise Financial, Inc. (AMP)vs › | $49.07B | 14.82x | 14.39x | 15.15x | 15.34x |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.83B | N/A | N/A | N/A | N/A |
| MetLife, Inc. (MET)vs › | $61.85B | 4.39x | 4.90x | 4.67x | 5.92x |
| Prudential Financial, Inc. (PRU)vs › | $42.36B | 2.27x | 2.27x | 2.27x | 2.27x |
| Ares Management Corporation (ARES)vs › | $42.07B | 2.30x | 1.63x | 1.22x | 1.43x |
Interest Coverage
10.2x
Debt/Equity
0.81
Current Ratio
1.01
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 |