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 7.16x is 52% below its 5-year average of 15.04x, near the low end of its 5-year range (5.31x–34.32x).
1.32% below its 12-month average of 7.26x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-07-31): 8.52x.
INTEREST COVERAGE RATIO
7.16x
INTEREST COVERAGE RATIO AVG TTM
7.26x
INTEREST COVERAGE RATIO AVG 3Y
7.15x
INTEREST COVERAGE RATIO AVG 5Y
15.04x
INTEREST COVERAGE RATIO AVG 10Y
11.65x
INTEREST COVERAGE RATIO AVG 15Y
16.98x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.32%
CURRENT VS 3Y AVG
+0.18%
CURRENT VS 5Y AVG
-52.39%
CURRENT VS 10Y AVG
-38.54%
CURRENT VS 15Y AVG
-57.83%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-8.79%
vs the sector median at left
Nordson Corporation
Market Cap
$17.36B
Interest Coverage Ratio
7.16x
TTM Avg
7.26x
3Y Avg
7.15x
5Y Avg
15.04x
Market Cap
$17.22B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
Market Cap
$16.93B
Interest Coverage Ratio
5.92x
TTM Avg
5.01x
3Y Avg
4.86x
5Y Avg
6.25x
Market Cap
$16.77B
Interest Coverage Ratio
3.19x
TTM Avg
3.27x
3Y Avg
3.76x
5Y Avg
3.26x
Market Cap
$18.03B
Interest Coverage Ratio
12.60x
TTM Avg
10.02x
3Y Avg
9.40x
5Y Avg
11.78x
Market Cap
$16.68B
Interest Coverage Ratio
1.88x
TTM Avg
2.13x
3Y Avg
3.47x
5Y Avg
3.78x
Market Cap
$16.49B
Interest Coverage Ratio
11.18x
TTM Avg
13.42x
3Y Avg
15.19x
5Y Avg
14.78x
Market Cap
$18.66B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$15.92B
Interest Coverage Ratio
20.90x
TTM Avg
15.79x
3Y Avg
11.60x
5Y Avg
9.19x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nordson Corporation (NDSN) | $17.36B | 7.16x | 7.26x | 7.15x | 15.04x |
| MasTec, Inc. (MTZ)vs › | $17.22B | 3.77x | 3.01x | 1.95x | 3.12x |
| Jacobs Solutions Inc. (J)vs › | $16.93B | 5.92x | 5.01x | 4.86x | 6.25x |
| WESCO International, Inc. (WCC)vs › | $16.77B | 3.19x | 3.27x | 3.76x | 3.26x |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $18.03B | 12.60x | 10.02x | 9.40x | 11.78x |
| CNH Industrial N.V. (CNH)vs › | $16.68B | 1.88x | 2.13x | 3.47x | 3.78x |
| IDEX Corporation (IEX)vs › | $16.49B | 11.18x | 13.42x | 15.19x | 14.78x |
| Equifax Inc. (EFX)vs › | $18.66B | 5.16x | 4.86x | 4.84x | 5.33x |
| Sterling Infrastructure, Inc. (STRL)vs › | $15.92B | 20.90x | 15.79x | 11.60x | 9.19x |
| RBC Bearings Incorporated (RBC)vs › | $15.85B | 8.45x | 7.32x | 5.70x | 17.64x |
Interest Coverage
7.2x
Debt/Equity
0.55
Current Ratio
1.82
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 |
|---|---|
| 2026-07-31 | 8.52x |
| 2026-04-30 | 8.99x |
| 2026-01-31 | 6.22x |
| 2025-10-31 | 5.40x |
| 2025-07-31 | 7.15x |
| 2025-04-30 | 6.35x |
| 2025-01-31 | 5.31x |
| 2024-10-31 | 6.26x |
| 2024-07-31 | 8.88x |
| 2024-04-30 | 8.39x |
| 2024-01-31 | 7.44x |
| 2023-10-31 | 6.86x |
| 2023-07-31 | 14.14x |
| 2023-04-30 | 17.40x |
| 2023-01-31 | 13.70x |
| 2022-10-31 | 31.35x |
| 2022-07-31 | 32.23x |
| 2022-04-30 | 34.32x |
| 2022-01-31 | 27.59x |
| 2021-10-31 | 28.68x |
| 2021-07-31 | 30.67x |
| 2021-04-30 | 23.31x |
| 2021-01-31 | 15.73x |
| 2020-10-31 | 5.49x |
| 2020-07-31 | 15.32x |
| 2020-04-30 | 15.08x |
| 2020-01-31 | 7.71x |
| 2019-10-31 | 12.80x |
| 2019-07-31 | 11.33x |
| 2019-04-30 | 10.42x |
| 2019-01-31 | 6.82x |
| 2018-10-31 | 9.26x |
| 2018-07-31 | 9.99x |
| 2018-04-30 | 10.63x |
| 2018-01-31 | 10.55x |
| 2017-10-31 | 10.62x |
| 2017-07-31 | 13.57x |
| 2017-04-30 | 13.09x |
| 2017-01-31 | 13.46x |
| 2016-10-31 | 19.01x |
| 2016-07-31 | 26.62x |
| 2016-04-30 | 21.18x |
| 2016-01-31 | 9.11x |
| 2015-10-31 | 15.17x |
| 2015-07-31 | 23.41x |
| 2015-04-30 | 18.36x |
| 2015-01-31 | 15.69x |
| 2014-10-31 | 26.47x |
| 2014-07-31 | 31.16x |
| 2014-04-30 | 28.00x |
| 2014-01-31 | 15.55x |
| 2013-10-31 | 23.61x |
| 2013-07-31 | 28.76x |
| 2013-04-30 | 22.76x |
| 2013-01-31 | 15.46x |
| 2012-10-31 | 25.02x |
| 2012-07-31 | 36.67x |
| 2012-04-30 | 38.16x |
| 2012-01-31 | 30.55x |
| 2011-10-31 | 57.62x |
| 2011-07-31 | 123.48x |
| 2011-04-30 | 75.57x |
| 2011-01-31 | 51.59x |
| 2010-10-31 | 45.74x |
| 2010-07-31 | 48.01x |
| 2010-04-30 | 40.53x |
| 2010-01-31 | 24.91x |
| 2009-10-31 | -123.28x |
| 2009-07-31 | 22.68x |
| 2009-04-30 | 10.99x |
| 2009-01-31 | 4.75x |