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 12.03x is in line with its 5-year average of 13.00x, around the middle of its 5-year range (2.26x–21.95x).
10.10% below its 12-month average of 13.38x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.03x
INTEREST COVERAGE RATIO AVG TTM
13.38x
INTEREST COVERAGE RATIO AVG 3Y
13.81x
INTEREST COVERAGE RATIO AVG 5Y
13.00x
INTEREST COVERAGE RATIO AVG 10Y
10.77x
INTEREST COVERAGE RATIO AVG 15Y
10.57x
INTEREST COVERAGE RATIO AVG 20Y
11.11x
CURRENT VS TTM AVG
-10.10%
CURRENT VS 3Y AVG
-12.91%
CURRENT VS 5Y AVG
-7.45%
CURRENT VS 10Y AVG
+11.71%
CURRENT VS 15Y AVG
+13.85%
CURRENT VS 20Y AVG
+8.27%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.12x
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+48.15%
vs the sector median at left
PepsiCo, Inc.
Market Cap
$186.91B
Interest Coverage Ratio
12.03x
TTM Avg
13.38x
3Y Avg
13.81x
5Y Avg
13.00x
Market Cap
$153.64B
Interest Coverage Ratio
4.05x
TTM Avg
3.76x
3Y Avg
3.40x
5Y Avg
3.13x
Market Cap
$250.05B
Interest Coverage Ratio
8.46x
TTM Avg
8.23x
3Y Avg
8.93x
5Y Avg
11.10x
Market Cap
$117.82B
Interest Coverage Ratio
5.19x
TTM Avg
3.84x
3Y Avg
4.67x
5Y Avg
5.29x
Market Cap
$112.73B
Interest Coverage Ratio
10.23x
TTM Avg
10.12x
3Y Avg
10.21x
5Y Avg
9.91x
Market Cap
$286.50B
Interest Coverage Ratio
9.41x
TTM Avg
8.50x
3Y Avg
10.13x
5Y Avg
12.37x
Market Cap
$82.68B
Interest Coverage Ratio
366.57x
TTM Avg
217.88x
3Y Avg
217.88x
5Y Avg
217.88x
Market Cap
$79.02B
Interest Coverage Ratio
6.04x
TTM Avg
9.27x
3Y Avg
9.20x
5Y Avg
9.78x
Market Cap
$72.77B
Interest Coverage Ratio
11.50x
TTM Avg
12.52x
3Y Avg
12.14x
5Y Avg
13.14x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PepsiCo, Inc. (PEP) | $186.91B | 12.03x | 13.38x | 13.81x | 13.00x |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $153.64B | 4.05x | 3.76x | 3.40x | 3.13x |
| Nestlé S.A. (NSRGY)vs › | $250.05B | 8.46x | 8.23x | 8.93x | 11.10x |
| British American Tobacco p.l.c. (BTI)vs › | $117.82B | 5.19x | 3.84x | 4.67x | 5.29x |
| Altria Group, Inc. (MO)vs › | $112.73B | 10.23x | 10.12x | 10.21x | 9.91x |
| Philip Morris International Inc. (PM)vs › | $286.50B | 9.41x | 8.50x | 10.13x | 12.37x |
| Monster Beverage Corporation (MNST)vs › | $82.68B | 366.57x | 217.88x | 217.88x | 217.88x |
| Mondelez International, Inc. (MDLZ)vs › | $79.02B | 6.04x | 9.27x | 9.20x | 9.78x |
| Target Corporation (TGT)vs › | $72.77B | 11.50x | 12.52x | 12.14x | 13.14x |
| Colgate-Palmolive Company (CL)vs › | $70.42B | 16.28x | 15.64x | 16.79x | 20.80x |
Interest Coverage
12.0x
Debt/Equity
2.41
Current Ratio
0.93
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 |
|---|---|
| 2026-06-13 | 17.49x |
| 2026-03-21 | 10.67x |
| 2025-12-27 | 10.68x |
| 2025-09-06 | 14.02x |
| 2025-06-14 | 14.03x |
| 2025-03-22 | 9.78x |
| 2024-12-31 | 8.52x |
| 2024-09-07 | 17.68x |
| 2024-06-15 | 17.30x |
| 2024-03-23 | 13.45x |
| 2023-12-31 | 7.76x |
| 2023-09-09 | 19.98x |
| 2023-06-17 | 18.20x |
| 2023-03-25 | 13.14x |
| 2022-12-31 | 2.99x |
| 2022-09-03 | 17.65x |
| 2022-06-11 | 8.80x |
| 2022-03-19 | 21.95x |
| 2021-12-31 | 2.26x |
| 2021-09-04 | 13.62x |
| 2021-06-12 | 12.98x |
| 2021-03-20 | 8.96x |
| 2020-12-31 | 8.34x |
| 2020-09-05 | 11.41x |
| 2020-06-13 | 9.87x |
| 2020-03-21 | 6.63x |
| 2019-12-31 | 7.82x |
| 2019-09-07 | 12.75x |
| 2019-06-15 | 12.24x |
| 2019-03-23 | 9.84x |
| 2018-12-31 | 3.91x |
| 2018-09-08 | 9.42x |
| 2018-06-16 | 9.83x |
| 2018-03-24 | 6.15x |
| 2017-12-31 | 7.10x |
| 2017-09-09 | 10.87x |
| 2017-06-17 | 11.02x |
| 2017-03-25 | 7.39x |
| 2016-12-31 | 4.01x |
| 2016-09-03 | 11.42x |
| 2016-06-11 | 11.62x |
| 2016-03-19 | 6.58x |
| 2015-12-31 | 7.07x |
| 2015-09-05 | 6.29x |
| 2015-06-13 | 13.36x |
| 2015-03-21 | 8.52x |
| 2014-12-31 | 7.15x |
| 2014-09-06 | 13.24x |
| 2014-06-14 | 13.86x |
| 2014-03-22 | 8.99x |
| 2013-12-31 | 8.91x |
| 2013-09-07 | 12.64x |
| 2013-06-15 | 13.79x |
| 2013-03-23 | 7.75x |
| 2012-12-31 | 7.68x |
| 2012-09-08 | 13.73x |
| 2012-06-16 | 11.37x |
| 2012-03-24 | 8.70x |
| 2011-12-31 | 8.26x |
| 2011-09-03 | 13.90x |
| 2011-06-11 | 13.84x |
| 2011-03-19 | 9.59x |
| 2010-12-31 | 5.47x |
| 2010-09-04 | 16.57x |
| 2010-06-12 | 14.31x |
| 2010-03-20 | 5.45x |
| 2009-12-31 | 18.16x |
| 2009-09-05 | 25.95x |
| 2009-06-13 | 21.68x |
| 2009-03-21 | 16.20x |
| 2008-09-06 | 27.27x |
| 2008-06-14 | 29.61x |
| 2008-03-22 | 26.84x |
