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 5.06x is in line with its 5-year average of 5.35x, around the middle of its 5-year range (1.55x–7.31x).
1.47% below its 12-month average of 5.14x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 5.71x.
INTEREST COVERAGE RATIO
5.06x
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
-1.47%
CURRENT VS 3Y AVG
+3.02%
CURRENT VS 5Y AVG
-5.49%
CURRENT VS 10Y AVG
-15.24%
CURRENT VS 15Y AVG
-16.28%
CURRENT VS 20Y AVG
-15.03%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-35.54%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$72.12B
Interest Coverage Ratio
5.06x
TTM Avg
5.14x
3Y Avg
4.91x
5Y Avg
5.35x
Market Cap
$73.81B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$73.83B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
Market Cap
$73.88B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
Market Cap
$68.60B
Interest Coverage Ratio
5.79x
TTM Avg
5.83x
3Y Avg
5.81x
5Y Avg
5.84x
Market Cap
$76.44B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
Market Cap
$77.28B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$78.79B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$64.67B
Interest Coverage Ratio
8.55x
TTM Avg
82.93x
3Y Avg
443.94x
5Y Avg
473.70x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $72.12B | 5.06x | 5.14x | 4.91x | 5.35x |
| Canadian National Railway Company (CNI)vs › | $73.81B | 7.21x | 7.11x | 8.96x | 8.95x |
| FedEx Corporation (FDX)vs › | $73.83B | 12.43x | 10.07x | 9.09x | 8.90x |
| Northrop Grumman Corporation (NOC)vs › | $73.88B | 6.44x | 6.74x | 6.32x | 7.04x |
| Republic Services, Inc. (RSG)vs › | $68.60B | 5.79x | 5.83x | 5.81x | 5.84x |
| Cummins Inc. (CMI)vs › | $76.44B | 11.75x | 10.95x | 10.33x | 14.73x |
| Illinois Tool Works Inc. (ITW)vs › | $77.28B | 14.44x | 14.75x | 15.84x | 15.76x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.79B | 6.40x | 6.44x | 5.92x | 6.36x |
| PACCAR Inc (PCAR)vs › | $64.67B | 8.55x | 82.93x | 443.94x | 473.70x |
| TransDigm Group Incorporated (TDG)vs › | $63.98B | 2.65x | 2.64x | 2.43x | 2.15x |
Interest Coverage
5.1x
Debt/Equity
1.02
Current Ratio
0.83
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 |