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 9.41x is 37% below its 5-year average of 14.91x, near the low end of its 5-year range (3.45x–24.25x).
33.89% below its 12-month average of 14.23x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 18.64x.
INTEREST COVERAGE RATIO
9.41x
INTEREST COVERAGE RATIO AVG TTM
14.23x
INTEREST COVERAGE RATIO AVG 3Y
11.91x
INTEREST COVERAGE RATIO AVG 5Y
14.91x
INTEREST COVERAGE RATIO AVG 10Y
15.57x
INTEREST COVERAGE RATIO AVG 15Y
14.30x
INTEREST COVERAGE RATIO AVG 20Y
14.18x
CURRENT VS TTM AVG
-33.89%
CURRENT VS 3Y AVG
-20.96%
CURRENT VS 5Y AVG
-36.90%
CURRENT VS 10Y AVG
-39.58%
CURRENT VS 15Y AVG
-34.20%
CURRENT VS 20Y AVG
-33.64%
SECTOR MEDIAN · CONSUMER DEFENSIVE
7.63x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+23.41%
vs the sector median at left
Philip Morris International Inc.
Market Cap
$296.88B
Interest Coverage Ratio
9.41x
TTM Avg
14.23x
3Y Avg
11.91x
5Y Avg
14.91x
Market Cap
$347.60B
Interest Coverage Ratio
22.52x
TTM Avg
22.54x
3Y Avg
22.28x
5Y Avg
27.59x
Market Cap
$239.60B
Interest Coverage Ratio
8.46x
TTM Avg
8.23x
3Y Avg
8.93x
5Y Avg
11.10x
Market Cap
$377.81B
Interest Coverage Ratio
8.32x
TTM Avg
7.18x
3Y Avg
8.53x
5Y Avg
7.81x
Market Cap
$409.23B
Interest Coverage Ratio
67.42x
TTM Avg
61.18x
3Y Avg
57.69x
5Y Avg
52.32x
Market Cap
$175.71B
Interest Coverage Ratio
12.03x
TTM Avg
13.02x
3Y Avg
13.23x
5Y Avg
11.31x
Market Cap
$153.62B
Interest Coverage Ratio
4.05x
TTM Avg
3.76x
3Y Avg
3.40x
5Y Avg
3.13x
Market Cap
$119.99B
Interest Coverage Ratio
5.19x
TTM Avg
3.84x
3Y Avg
4.67x
5Y Avg
5.29x
Market Cap
$114.89B
Interest Coverage Ratio
10.23x
TTM Avg
10.12x
3Y Avg
10.21x
5Y Avg
9.91x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Philip Morris International Inc. (PM) | $296.88B | 9.41x | 14.23x | 11.91x | 14.91x |
| The Procter & Gamble Company (PG)vs › | $347.60B | 22.52x | 22.54x | 22.28x | 27.59x |
| Nestlé S.A. (NSRGY)vs › | $239.60B | 8.46x | 8.23x | 8.93x | 11.10x |
| The Coca-Cola Company (KO)vs › | $377.81B | 8.32x | 7.18x | 8.53x | 7.81x |
| Costco Wholesale Corporation (COST)vs › | $409.23B | 67.42x | 61.18x | 57.69x | 52.32x |
| PepsiCo, Inc. (PEP)vs › | $175.71B | 12.03x | 13.02x | 13.23x | 11.31x |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $153.62B | 4.05x | 3.76x | 3.40x | 3.13x |
| British American Tobacco p.l.c. (BTI)vs › | $119.99B | 5.19x | 3.84x | 4.67x | 5.29x |
| Altria Group, Inc. (MO)vs › | $114.89B | 10.23x | 10.12x | 10.21x | 9.91x |
| Monster Beverage Corporation (MNST)vs › | $84.32B | 366.57x | 217.88x | 217.88x | 217.88x |
Interest Coverage
9.4x
Debt/Equity
N/A
Current Ratio
0.98
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 | 18.64x |
| 2026-03-31 | 16.43x |
| 2025-12-31 | 4.02x |
| 2025-09-30 | 18.53x |
| 2025-06-30 | 13.55x |
| 2025-03-31 | 14.71x |
| 2024-12-31 | 3.45x |
| 2024-09-30 | 19.33x |
| 2024-06-30 | 10.47x |
| 2024-03-31 | 10.18x |
| 2023-12-31 | 3.91x |
| 2023-09-30 | 12.91x |
| 2023-06-30 | 8.64x |
| 2023-03-31 | 11.87x |
| 2022-12-31 | 17.20x |
| 2022-09-30 | 21.51x |
| 2022-06-30 | 24.25x |
| 2022-03-31 | 21.42x |
| 2021-12-31 | 20.27x |
| 2021-09-30 | 22.44x |
| 2021-06-30 | 19.43x |
| 2021-03-31 | 19.30x |
| 2020-12-31 | 17.71x |
| 2020-09-30 | 19.90x |
| 2020-06-30 | 16.86x |
| 2020-03-31 | 21.62x |
| 2019-12-31 | 18.43x |
| 2019-09-30 | 21.14x |
| 2019-06-30 | 21.27x |
| 2019-03-31 | 13.48x |
| 2018-12-31 | 21.62x |
| 2018-09-30 | 21.72x |
| 2018-06-30 | 18.38x |
| 2018-03-31 | 10.66x |
| 2017-12-31 | 12.81x |
| 2017-09-30 | 13.85x |
| 2017-06-30 | 12.85x |
| 2017-03-31 | 11.03x |
| 2016-12-31 | 6.89x |
| 2016-09-30 | 13.53x |
| 2016-06-30 | 12.35x |
| 2016-03-31 | 10.01x |
| 2015-12-31 | 5.42x |
| 2015-09-30 | 11.98x |
| 2015-06-30 | 11.17x |
| 2015-03-31 | 10.44x |
| 2014-12-31 | 6.65x |
| 2014-09-30 | 12.49x |
| 2014-06-30 | 11.31x |
| 2014-03-31 | 11.10x |
| 2013-12-31 | 8.79x |
| 2013-09-30 | 15.06x |
| 2013-06-30 | 13.59x |
| 2013-03-31 | 14.38x |
| 2012-12-31 | 8.87x |
| 2012-09-30 | 17.17x |
| 2012-06-30 | 17.24x |
| 2012-03-31 | 15.98x |
| 2011-12-31 | -32.39x |
| 2011-09-30 | -0.02x |
| 2011-06-30 | 17.85x |
| 2011-03-31 | 14.12x |
| 2010-12-31 | 12.70x |
| 2010-09-30 | 13.25x |
| 2010-06-30 | 13.03x |
| 2010-03-31 | 12.17x |
| 2009-12-31 | 10.85x |
| 2009-09-30 | 12.90x |
| 2009-06-30 | 12.59x |
| 2009-03-31 | 14.68x |
| 2008-12-31 | 18.25x |
| 2008-09-30 | 41.88x |
| 2008-06-30 | 42.75x |
| 2008-03-31 | 33.65x |
| 2007-12-31 | 156.15x |
| 2007-06-30 | 739.00x |
| 2007-03-31 | 213.10x |
| 2001-09-30 | 22.44x |
