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 5.31x is 25% below its 5-year average of 7.12x, near the low end of its 5-year range (1.26x–38.04x).
22.95% below its 12-month average of 6.89x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 11.50x.
INTEREST COVERAGE RATIO
5.31x
INTEREST COVERAGE RATIO AVG TTM
6.89x
INTEREST COVERAGE RATIO AVG 3Y
4.92x
INTEREST COVERAGE RATIO AVG 5Y
7.12x
INTEREST COVERAGE RATIO AVG 10Y
4.73x
INTEREST COVERAGE RATIO AVG 15Y
8.03x
INTEREST COVERAGE RATIO AVG 20Y
9.48x
CURRENT VS TTM AVG
-22.95%
CURRENT VS 3Y AVG
+7.84%
CURRENT VS 5Y AVG
-25.44%
CURRENT VS 10Y AVG
+12.26%
CURRENT VS 15Y AVG
-33.90%
CURRENT VS 20Y AVG
-43.99%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-41.81%
vs the sector median at left
Nutrien Ltd.
Market Cap
$37.86B
Interest Coverage Ratio
5.31x
TTM Avg
6.89x
3Y Avg
4.92x
5Y Avg
7.12x
Market Cap
$34.05B
Interest Coverage Ratio
21.07x
TTM Avg
27.77x
3Y Avg
38.09x
5Y Avg
39.41x
Market Cap
$32.26B
Interest Coverage Ratio
3.41x
TTM Avg
5.28x
3Y Avg
5.86x
5Y Avg
6.14x
Market Cap
$31.01B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
39.25x
5Y Avg
57.54x
Market Cap
$30.04B
Interest Coverage Ratio
6.65x
TTM Avg
11.34x
3Y Avg
9.87x
5Y Avg
9.13x
Market Cap
$50.58B
Interest Coverage Ratio
20.30x
TTM Avg
14.98x
3Y Avg
9.50x
5Y Avg
9.56x
Market Cap
$23.32B
Interest Coverage Ratio
9.00x
TTM Avg
9.25x
3Y Avg
9.18x
5Y Avg
10.59x
Market Cap
$21.53B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nutrien Ltd. (NTR) | $37.86B | 5.31x | 6.89x | 4.92x | 7.12x |
| Steel Dynamics, Inc. (STLD)vs › | $34.05B | 21.07x | 27.77x | 38.09x | 39.41x |
| Vulcan Materials Company (VMC)vs › | $32.26B | 3.41x | 5.28x | 5.86x | 6.14x |
| Teck Resources Limited (TECK)vs › | $31.01B | 2.17x | 2.17x | 39.25x | 57.54x |
| Martin Marietta Materials, Inc. (MLM)vs › | $30.04B | 6.65x | 11.34x | 9.87x | 9.13x |
| AngloGold Ashanti plc (AU)vs › | $50.58B | 20.30x | 14.98x | 9.50x | 9.56x |
| PPG Industries, Inc. (PPG)vs › | $23.32B | 9.00x | 9.25x | 9.18x | 10.59x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.53B | 3.68x | 3.09x | 3.09x | 3.13x |
| Dow Inc. (DOW)vs › | $21.50B | 0.30x | 1.51x | 3.66x | 4.83x |
| Royal Gold, Inc. (RGLD)vs › | $21.02B | 28.40x | 36.25x | 27.89x | 42.77x |
Interest Coverage
5.3x
Debt/Equity
0.49
Current Ratio
1.39
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 | 11.50x |
| 2026-03-31 | 2.88x |
| 2025-12-31 | 3.43x |
| 2025-09-30 | 5.16x |
| 2025-06-30 | 11.50x |
| 2025-03-31 | 1.26x |
| 2024-12-31 | 2.49x |
| 2024-09-30 | 1.44x |
| 2024-06-30 | 5.21x |
| 2024-03-31 | 2.34x |
| 2023-12-31 | 2.13x |
| 2023-06-30 | 9.75x |
| 2023-03-31 | 5.52x |
| 2022-12-31 | 9.24x |
| 2022-09-30 | 14.06x |
| 2022-06-30 | 38.04x |
| 2022-03-31 | 18.34x |
| 2021-12-31 | 7.45x |
| 2021-09-30 | 8.66x |
| 2021-06-30 | 12.95x |
| 2021-03-31 | 2.32x |
| 2020-12-31 | 3.31x |
| 2020-09-30 | -5.60x |
| 2020-06-30 | 8.19x |
| 2020-03-31 | 0.86x |
| 2019-12-31 | 0.44x |
| 2019-09-30 | 2.23x |
| 2019-06-30 | 9.06x |
| 2019-03-31 | 1.43x |
| 2018-12-31 | 3.92x |
| 2018-09-30 | -9.57x |
| 2018-06-30 | 8.65x |
| 2018-03-31 | 0.64x |
| 2017-12-31 | -5.78x |
| 2017-09-30 | 1.67x |
| 2017-06-30 | 2.44x |
| 2017-03-31 | 2.97x |
| 2016-12-31 | 1.48x |
| 2016-09-30 | 2.51x |
| 2016-06-30 | 3.69x |
| 2016-03-31 | 3.06x |
| 2015-12-31 | 6.83x |
| 2015-09-30 | 8.59x |
| 2015-06-30 | 12.38x |
| 2015-03-31 | 11.41x |
| 2014-12-31 | 14.21x |
| 2014-09-30 | 11.06x |
| 2014-06-30 | 14.29x |
| 2014-03-31 | 11.30x |
| 2013-12-31 | 9.18x |
| 2013-09-30 | 15.30x |
| 2013-06-30 | 23.77x |
| 2013-03-31 | 23.34x |
| 2012-12-31 | 18.03x |
| 2012-09-30 | 38.25x |
| 2012-06-30 | 27.65x |
| 2012-03-31 | 20.15x |
| 2011-12-31 | 36.26x |
| 2011-09-30 | 27.92x |
| 2011-06-30 | 29.29x |
| 2011-03-31 | 17.67x |
| 2010-12-31 | 22.15x |
| 2010-09-30 | 16.90x |
| 2010-06-30 | 16.24x |
| 2010-03-31 | 18.00x |
| 2009-12-31 | 7.65x |
| 2009-09-30 | 10.88x |
| 2009-06-30 | 8.80x |
| 2009-03-31 | 9.35x |
| 2008-12-31 | 22.86x |
| 2008-09-30 | 112.07x |
| 2008-06-30 | 82.55x |
| 2008-03-31 | 66.88x |
