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 57.68x is 72% above its 5-year average of 33.52x, near the high end of its 5-year range (6.35x–74.45x).
As of the fiscal period ended Saturday, April 4, 2026. 135.14% above its 12-month average of 24.53x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
57.68x
INTEREST COVERAGE RATIO AVG TTM
24.53x
INTEREST COVERAGE RATIO AVG 3Y
17.87x
INTEREST COVERAGE RATIO AVG 5Y
33.52x
INTEREST COVERAGE RATIO AVG 10Y
16.82x
INTEREST COVERAGE RATIO AVG 15Y
13.11x
INTEREST COVERAGE RATIO AVG 20Y
12.29x
CURRENT VS TTM AVG
+135.14%
CURRENT VS 3Y AVG
+222.86%
CURRENT VS 5Y AVG
+72.11%
CURRENT VS 10Y AVG
+242.91%
CURRENT VS 15Y AVG
+339.97%
CURRENT VS 20Y AVG
+369.26%
SECTOR MEDIAN · BASIC MATERIALS
10.00x
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+476.84%
vs the sector median at left
Nucor Corporation
Market Cap
$58.60B
Interest Coverage Ratio
57.68x
TTM Avg
24.53x
3Y Avg
17.87x
5Y Avg
33.52x
Market Cap
$61.54B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$64.22B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$52.64B
Interest Coverage Ratio
14.55x
TTM Avg
11.78x
3Y Avg
14.25x
5Y Avg
19.94x
Market Cap
$65.67B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$49.51B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$78.14B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$36.01B
Interest Coverage Ratio
21.07x
TTM Avg
27.77x
3Y Avg
38.09x
5Y Avg
39.41x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nucor Corporation (NUE) | $58.60B | 57.68x | 24.53x | 17.87x | 33.52x |
| Barrick Mining Corporation (B)vs › | $61.54B | 22.63x | 16.58x | 12.59x | 12.71x |
| CRH plc (CRH)vs › | $63.49B | 6.57x | 7.45x | 9.95x | 8.88x |
| Vale S.A. (VALE)vs › | $64.22B | 7.12x | 8.31x | 10.42x | 10.10x |
| Corteva, Inc. (CTVA)vs › | $52.64B | 14.55x | 11.78x | 14.25x | 19.94x |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | -4.10x | 17.23x | 17.20x | 17.49x |
| Wheaton Precious Metals Corp. (WPM)vs › | $49.51B | 276.45x | 194.16x | 143.86x | 122.90x |
| Ecolab Inc. (ECL)vs › | $78.14B | 12.08x | 9.90x | 8.00x | 7.79x |
| Steel Dynamics, Inc. (STLD)vs › | $36.01B | 21.07x | 27.77x | 38.09x | 39.41x |
| Vulcan Materials Company (VMC)vs › | $34.85B | 3.41x | 5.28x | 5.86x | 6.14x |
Interest Coverage
57.7x
Debt/Equity
0.34
Current Ratio
2.94
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 |
|---|---|
| 2026-04-04 | 57.68x |
| 2025-12-31 | 16.50x |
| 2025-10-04 | 23.37x |
| 2025-07-05 | 18.76x |
| 2025-04-05 | 6.35x |
| 2024-12-31 | 7.40x |
| 2024-09-28 | 7.85x |
| 2024-06-29 | 13.43x |
| 2024-03-30 | 27.40x |
| 2023-12-31 | 17.53x |
| 2023-09-30 | 24.25x |
| 2023-07-01 | 33.69x |
| 2023-04-01 | 25.66x |
| 2022-12-31 | 29.51x |
| 2022-10-01 | 43.19x |
| 2022-07-02 | 55.75x |
| 2022-04-02 | 66.56x |
| 2021-12-31 | 74.45x |
| 2021-10-02 | 65.59x |
| 2021-07-03 | 55.40x |
| 2021-04-03 | 32.49x |
| 2020-12-31 | 14.90x |
| 2020-10-03 | 7.96x |
| 2020-07-04 | 6.07x |
| 2020-04-04 | 10.00x |
| 2019-12-31 | 7.26x |
| 2019-09-28 | 10.15x |
| 2019-06-29 | 13.50x |
| 2019-03-30 | 19.30x |
| 2018-12-31 | 22.05x |
| 2018-09-29 | 23.58x |
| 2018-06-30 | 26.38x |
| 2018-03-31 | 13.53x |
| 2017-12-31 | 7.70x |
| 2017-09-30 | 8.53x |
| 2017-07-01 | 11.34x |
| 2017-04-01 | 12.61x |
| 2016-12-31 | 8.95x |
| 2016-10-01 | 11.03x |
| 2016-07-02 | 9.74x |
| 2016-04-02 | 4.33x |
| 2015-12-31 | 7.02x |
| 2015-10-03 | 8.61x |
| 2015-07-04 | 5.97x |
| 2015-04-04 | 3.63x |
| 2014-12-31 | 9.72x |
| 2014-10-04 | 9.59x |
| 2014-07-05 | 6.17x |
| 2014-04-05 | 5.82x |
| 2013-12-31 | 6.88x |
| 2013-09-28 | 7.34x |
| 2013-06-29 | 4.67x |
| 2013-03-30 | 5.55x |
| 2012-12-31 | 6.61x |
| 2012-09-29 | 5.46x |
| 2012-06-30 | 6.48x |
| 2012-03-31 | 6.08x |
| 2011-12-31 | 6.45x |
| 2011-10-01 | 7.61x |
| 2011-07-02 | 12.05x |
| 2011-04-02 | 6.86x |
| 2010-12-31 | 7.24x |
| 2010-10-02 | 2.42x |
| 2010-07-03 | 4.98x |
| 2010-04-03 | 2.69x |
| 2009-12-31 | 3.42x |
| 2009-10-03 | -1.25x |
| 2009-07-04 | -4.76x |
| 2009-04-04 | -5.33x |
| 2008-09-27 | 33.55x |
| 2008-06-28 | 28.90x |
| 2008-03-29 | 24.61x |
