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 22.12x is 62% above its 5-year average of 13.63x, near the high end of its 5-year range (-2.42x–22.12x).
As of the fiscal period ended Tuesday, June 30, 2026. 55.53% above its 12-month average of 14.22x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
22.12x
INTEREST COVERAGE RATIO AVG TTM
14.22x
INTEREST COVERAGE RATIO AVG 3Y
13.98x
INTEREST COVERAGE RATIO AVG 5Y
14.44x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+55.53%
CURRENT VS 3Y AVG
+58.14%
CURRENT VS 5Y AVG
+53.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
8.22x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
+169.04%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$27.53B
Interest Coverage Ratio
22.12x
TTM Avg
14.22x
3Y Avg
13.98x
5Y Avg
14.44x
Market Cap
$27.50B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$27.69B
Interest Coverage Ratio
42.17x
TTM Avg
32.55x
3Y Avg
22.71x
5Y Avg
17.22x
Market Cap
$27.23B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
Market Cap
$27.01B
Interest Coverage Ratio
N/A
TTM Avg
69.26x
3Y Avg
53.76x
5Y Avg
43.85x
Market Cap
$26.22B
Interest Coverage Ratio
34.02x
TTM Avg
22.47x
3Y Avg
17.42x
5Y Avg
17.42x
Market Cap
$25.72B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $27.53B | 22.12x | 14.22x | 13.98x | 14.44x |
| Dover Corporation (DOV)vs › | $27.50B | 12.51x | 10.86x | 10.50x | 10.39x |
| Xylem Inc. (XYL)vs › | $27.69B | 42.17x | 32.55x | 22.71x | 17.22x |
| Curtiss-Wright Corporation (CW)vs › | $27.23B | 14.79x | 13.29x | 11.25x | 10.42x |
| Copart, Inc. (CPRT)vs › | $27.01B | N/A | 69.26x | 53.76x | 43.85x |
| Symbotic Inc. (SYM)vs › | $28.82B | N/A | N/A | N/A | N/A |
| Everpure, Inc. (P)vs › | $26.22B | 34.02x | 22.47x | 17.42x | 17.42x |
| nVent Electric plc (NVT)vs › | $25.72B | 8.22x | 6.60x | 7.23x | 6.83x |
| ATI Inc. (ATI)vs › | $25.76B | 5.73x | 5.32x | 4.62x | 3.94x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.48B | 12.19x | 11.36x | 15.94x | 16.89x |
Interest Coverage
22.1x
Debt/Equity
-1.54
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 | 22.12x |
| 2026-03-31 | 9.14x |
| 2025-12-31 | 9.20x |
| 2025-09-30 | 9.61x |
| 2025-06-30 | 21.04x |
| 2025-03-31 | 9.13x |
| 2024-12-31 | 11.06x |
| 2024-09-30 | -2.42x |
| 2024-06-30 | 21.11x |
| 2024-03-31 | 12.36x |
| 2023-12-31 | 12.73x |
| 2023-09-30 | 14.64x |
| 2023-06-30 | 15.68x |
| 2023-03-31 | 15.55x |
| 2022-12-31 | 13.64x |
| 2022-09-30 | 15.11x |
| 2022-06-30 | 13.91x |
| 2022-03-31 | 14.22x |
| 2021-12-31 | 11.27x |
| 2021-09-30 | 16.42x |
| 2021-06-30 | 20.78x |
| 2021-03-31 | 15.91x |
| 2020-12-31 | 11.89x |
| 2020-09-30 | 11.64x |
| 2020-06-30 | 10.15x |
| 2020-03-31 | 65.80x |
| 2019-03-31 | 415.00x |
