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 5.71x is in line with its 5-year average of 5.35x, near the high end of its 5-year range (1.55x–7.31x).
As of the fiscal period ended Tuesday, June 30, 2026. 11.10% above its 12-month average of 5.14x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.71x
INTEREST COVERAGE RATIO AVG TTM
5.14x
INTEREST COVERAGE RATIO AVG 3Y
4.91x
INTEREST COVERAGE RATIO AVG 5Y
5.35x
INTEREST COVERAGE RATIO AVG 10Y
5.97x
INTEREST COVERAGE RATIO AVG 15Y
6.04x
INTEREST COVERAGE RATIO AVG 20Y
5.95x
CURRENT VS TTM AVG
+11.10%
CURRENT VS 3Y AVG
+16.16%
CURRENT VS 5Y AVG
+6.57%
CURRENT VS 10Y AVG
-4.43%
CURRENT VS 15Y AVG
-5.60%
CURRENT VS 20Y AVG
-4.19%
SECTOR MEDIAN · INDUSTRIALS
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
-28.99%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$76.54B
Interest Coverage Ratio
5.71x
TTM Avg
5.14x
3Y Avg
4.91x
5Y Avg
5.35x
Market Cap
$77.44B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$77.96B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
Market Cap
$78.23B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$73.21B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
Market Cap
$80.99B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$71.94B
Interest Coverage Ratio
2.65x
TTM Avg
2.64x
3Y Avg
2.43x
5Y Avg
2.15x
Market Cap
$81.88B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$70.09B
Interest Coverage Ratio
5.55x
TTM Avg
5.72x
3Y Avg
6.19x
5Y Avg
5.49x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $76.54B | 5.71x | 5.14x | 4.91x | 5.35x |
| Honeywell International Inc. (HON)vs › | $77.44B | 4.89x | 5.63x | 8.73x | 11.48x |
| Northrop Grumman Corporation (NOC)vs › | $77.96B | 6.44x | 6.74x | 6.32x | 7.04x |
| Canadian National Railway Company (CNI)vs › | $78.23B | 7.21x | 7.11x | 8.96x | 8.95x |
| FedEx Corporation (FDX)vs › | $73.21B | 12.43x | 10.07x | 9.09x | 8.90x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.99B | 6.40x | 6.44x | 5.92x | 6.36x |
| TransDigm Group Incorporated (TDG)vs › | $71.94B | 2.65x | 2.64x | 2.43x | 2.15x |
| Illinois Tool Works Inc. (ITW)vs › | $81.88B | 14.44x | 14.75x | 15.84x | 15.76x |
| United Rentals, Inc. (URI)vs › | $70.09B | 5.55x | 5.72x | 6.19x | 5.49x |
| Emerson Electric Co. (EMR)vs › | $83.17B | 9.13x | 8.69x | 9.57x | 11.00x |
Interest Coverage
5.7x
Debt/Equity
1.10
Current Ratio
0.85
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 | 5.71x |
| 2026-03-31 | 4.45x |
| 2025-12-31 | 4.81x |
| 2025-09-30 | 5.22x |
| 2025-06-30 | 5.49x |
| 2025-03-31 | 4.71x |
| 2024-12-31 | 5.49x |
| 2024-09-30 | 6.19x |
| 2024-06-30 | 5.41x |
| 2024-03-31 | 1.55x |
| 2023-12-31 | 4.08x |
| 2023-09-30 | 4.11x |
| 2023-06-30 | 3.28x |
| 2023-03-31 | 4.05x |
| 2022-12-31 | 6.53x |
| 2022-09-30 | 7.09x |
| 2022-06-30 | 7.31x |
| 2022-03-31 | 6.42x |
| 2021-12-31 | 6.81x |
| 2021-09-30 | 6.90x |
| 2021-06-30 | 6.83x |
| 2021-03-31 | 6.48x |
| 2020-12-31 | 6.15x |
| 2020-09-30 | 5.42x |
| 2020-06-30 | 3.91x |
| 2020-03-31 | 6.19x |
| 2019-12-31 | 6.33x |
| 2019-09-30 | 6.43x |
| 2019-06-30 | 6.96x |
| 2019-03-31 | 6.48x |
| 2018-12-31 | 7.28x |
| 2018-09-30 | 7.18x |
| 2018-06-30 | 7.83x |
| 2018-03-31 | 6.14x |
| 2017-12-31 | 7.45x |
| 2017-09-30 | 6.68x |
| 2017-06-30 | 6.23x |
| 2017-03-31 | 5.44x |
| 2016-12-31 | 5.36x |
| 2016-09-30 | 5.69x |
| 2016-06-30 | 5.58x |
| 2016-03-31 | 5.20x |
| 2015-12-31 | 4.52x |
| 2015-09-30 | 6.00x |
| 2015-06-30 | 6.07x |
| 2015-03-31 | 4.59x |
| 2014-12-31 | 7.42x |
| 2014-09-30 | 7.23x |
| 2014-06-30 | 7.33x |
| 2014-03-31 | 4.80x |
| 2013-12-31 | 6.83x |
| 2013-09-30 | 6.48x |
| 2013-06-30 | 6.53x |
| 2013-03-31 | 5.36x |
| 2012-12-31 | 5.53x |
| 2012-09-30 | 5.90x |
| 2012-06-30 | 7.66x |
| 2012-03-31 | 6.21x |
| 2011-12-31 | 6.90x |
| 2011-09-30 | 8.23x |
| 2011-06-30 | 7.74x |
| 2011-03-31 | 5.36x |
| 2010-12-31 | 5.58x |
| 2010-09-30 | 6.60x |
| 2010-06-30 | 6.37x |
| 2010-03-31 | 4.66x |
| 2009-12-31 | 4.61x |
| 2009-09-30 | 4.76x |
| 2009-06-30 | 4.14x |
| 2009-03-31 | 3.27x |
| 2008-12-31 | 7.26x |
| 2008-09-30 | 8.05x |
| 2008-06-30 | 7.13x |
| 2008-03-31 | 5.30x |
| 2007-09-30 | 6.36x |
| 2007-06-30 | 6.22x |
| 2007-03-31 | 4.59x |
| 2006-09-30 | 5.96x |
| 2006-06-30 | 5.60x |
| 2006-03-31 | 4.59x |
| 2005-12-31 | 1.20x |
