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 8.99x is 43% below its 5-year average of 15.74x, near the low end of its 5-year range (5.31x–34.32x).
As of the fiscal period ended Thursday, April 30, 2026. 31.73% above its 12-month average of 6.82x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
8.99x
INTEREST COVERAGE RATIO AVG TTM
6.82x
INTEREST COVERAGE RATIO AVG 3Y
7.02x
INTEREST COVERAGE RATIO AVG 5Y
15.74x
INTEREST COVERAGE RATIO AVG 10Y
13.40x
INTEREST COVERAGE RATIO AVG 15Y
17.12x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+31.73%
CURRENT VS 3Y AVG
+27.98%
CURRENT VS 5Y AVG
-42.92%
CURRENT VS 10Y AVG
-32.95%
CURRENT VS 15Y AVG
-47.52%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
8.22x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
+9.34%
vs the sector median at left
Nordson Corporation
Market Cap
$17.25B
Interest Coverage Ratio
8.99x
TTM Avg
6.82x
3Y Avg
7.02x
5Y Avg
15.74x
Market Cap
$17.54B
Interest Coverage Ratio
11.18x
TTM Avg
13.42x
3Y Avg
15.19x
5Y Avg
14.78x
Market Cap
$16.85B
Interest Coverage Ratio
5.92x
TTM Avg
5.01x
3Y Avg
4.86x
5Y Avg
6.25x
Market Cap
$16.62B
Interest Coverage Ratio
20.90x
TTM Avg
15.79x
3Y Avg
11.60x
5Y Avg
9.19x
Market Cap
$17.90B
Interest Coverage Ratio
8.45x
TTM Avg
7.32x
3Y Avg
5.70x
5Y Avg
17.64x
Market Cap
$18.19B
Interest Coverage Ratio
25.54x
TTM Avg
24.64x
3Y Avg
66.73x
5Y Avg
148.68x
Market Cap
$18.23B
Interest Coverage Ratio
3.19x
TTM Avg
3.27x
3Y Avg
3.76x
5Y Avg
3.26x
Market Cap
$18.24B
Interest Coverage Ratio
12.60x
TTM Avg
10.02x
3Y Avg
9.40x
5Y Avg
11.78x
Market Cap
$15.79B
Interest Coverage Ratio
7.31x
TTM Avg
8.47x
3Y Avg
8.67x
5Y Avg
9.31x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nordson Corporation (NDSN) | $17.25B | 8.99x | 6.82x | 7.02x | 15.74x |
| IDEX Corporation (IEX)vs › | $17.54B | 11.18x | 13.42x | 15.19x | 14.78x |
| Jacobs Solutions Inc. (J)vs › | $16.85B | 5.92x | 5.01x | 4.86x | 6.25x |
| Sterling Infrastructure, Inc. (STRL)vs › | $16.62B | 20.90x | 15.79x | 11.60x | 9.19x |
| RBC Bearings Incorporated (RBC)vs › | $17.90B | 8.45x | 7.32x | 5.70x | 17.64x |
| Rollins, Inc. (ROL)vs › | $18.19B | 25.54x | 24.64x | 66.73x | 148.68x |
| WESCO International, Inc. (WCC)vs › | $18.23B | 3.19x | 3.27x | 3.76x | 3.26x |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $18.24B | 12.60x | 10.02x | 9.40x | 11.78x |
| BWX Technologies, Inc. (BWXT)vs › | $15.79B | 7.31x | 8.47x | 8.67x | 9.31x |
| Stanley Black & Decker, Inc. (SWK)vs › | $15.46B | 2.48x | 2.48x | 2.27x | 4.13x |
Interest Coverage
9.0x
Debt/Equity
0.62
Current Ratio
2.60
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 |
|---|---|
| 2026-04-30 | 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 |
