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 9.00x is in line with its 5-year average of 9.28x, near the low end of its 5-year range (6.19x–17.13x).
5.77% above its 12-month average of 8.51x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 8.96x.
INTEREST COVERAGE RATIO
9.00x
INTEREST COVERAGE RATIO AVG TTM
8.51x
INTEREST COVERAGE RATIO AVG 3Y
8.90x
INTEREST COVERAGE RATIO AVG 5Y
9.28x
INTEREST COVERAGE RATIO AVG 10Y
12.67x
INTEREST COVERAGE RATIO AVG 15Y
11.91x
INTEREST COVERAGE RATIO AVG 20Y
10.91x
CURRENT VS TTM AVG
+5.77%
CURRENT VS 3Y AVG
+1.12%
CURRENT VS 5Y AVG
-3.03%
CURRENT VS 10Y AVG
-28.95%
CURRENT VS 15Y AVG
-24.41%
CURRENT VS 20Y AVG
-17.51%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-1.37%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$23.38B
Interest Coverage Ratio
9.00x
TTM Avg
8.51x
3Y Avg
8.90x
5Y Avg
9.28x
Market Cap
$21.65B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
Market Cap
$21.39B
Interest Coverage Ratio
28.40x
TTM Avg
36.25x
3Y Avg
27.89x
5Y Avg
42.77x
Market Cap
$20.68B
Interest Coverage Ratio
24.26x
TTM Avg
13.73x
3Y Avg
13.73x
5Y Avg
12.58x
Market Cap
$20.68B
Interest Coverage Ratio
-0.64x
TTM Avg
5.09x
3Y Avg
10.25x
5Y Avg
9.30x
Market Cap
$20.51B
Interest Coverage Ratio
15.26x
TTM Avg
14.84x
3Y Avg
15.42x
5Y Avg
12.80x
Market Cap
$20.51B
Interest Coverage Ratio
6.07x
TTM Avg
5.87x
3Y Avg
22.39x
5Y Avg
17.38x
Market Cap
$20.49B
Interest Coverage Ratio
18.36x
TTM Avg
23.77x
3Y Avg
32.80x
5Y Avg
24.91x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $23.38B | 9.00x | 8.51x | 8.90x | 9.28x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.65B | 3.68x | 3.09x | 3.09x | 3.13x |
| Royal Gold, Inc. (RGLD)vs › | $21.39B | 28.40x | 36.25x | 27.89x | 42.77x |
| Dow Inc. (DOW)vs › | $21.28B | 0.30x | 1.51x | 3.66x | 4.83x |
| Coeur Mining, Inc. (CDE)vs › | $20.68B | 24.26x | 13.73x | 13.73x | 12.58x |
| LyondellBasell Industries N.V. (LYB)vs › | $20.68B | -0.64x | 5.09x | 10.25x | 9.30x |
| CF Industries Holdings, Inc. (CF)vs › | $20.51B | 15.26x | 14.84x | 15.42x | 12.80x |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $20.51B | 6.07x | 5.87x | 22.39x | 17.38x |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.49B | 18.36x | 23.77x | 32.80x | 24.91x |
| Carpenter Technology Corporation (CRS)vs › | $20.16B | 18.57x | 13.37x | 8.44x | 8.44x |
Interest Coverage
9.0x
Debt/Equity
0.88
Current Ratio
1.58
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 | 8.96x |
| 2026-03-31 | 8.61x |
| 2025-12-31 | 7.76x |
| 2025-09-30 | 6.74x |
| 2025-06-30 | 10.48x |
| 2025-03-31 | 8.59x |
| 2024-12-31 | 6.68x |
| 2024-09-30 | 9.19x |
| 2024-06-30 | 11.21x |
| 2024-03-31 | 10.04x |
| 2023-12-31 | 7.79x |
| 2023-09-30 | 9.30x |
| 2023-06-30 | 10.36x |
| 2023-03-31 | 6.19x |
| 2022-12-31 | 6.91x |
| 2022-09-30 | 10.24x |
| 2022-06-30 | 13.13x |
| 2022-03-31 | 12.53x |
| 2021-12-31 | 6.63x |
| 2021-09-30 | 14.30x |
| 2021-06-30 | 17.13x |
| 2021-03-31 | 17.57x |
| 2020-12-31 | 16.45x |
| 2020-09-30 | 17.62x |
| 2020-06-30 | 8.22x |
| 2020-03-31 | 10.44x |
| 2019-12-31 | 12.85x |
| 2019-09-30 | 15.70x |
| 2019-06-30 | 16.14x |
| 2019-03-31 | 14.16x |
| 2018-12-31 | 12.33x |
| 2018-09-30 | 15.00x |
| 2018-06-30 | 18.32x |
| 2018-03-31 | 17.65x |
| 2017-12-31 | 14.11x |
| 2017-09-30 | 20.26x |
| 2017-06-30 | 23.85x |
| 2017-03-31 | 18.28x |
| 2016-12-31 | 14.31x |
| 2016-09-30 | -11.97x |
| 2016-06-30 | 20.65x |
| 2016-03-31 | 15.29x |
| 2015-12-31 | 13.47x |
| 2015-09-30 | 18.19x |
| 2015-06-30 | 18.09x |
| 2015-03-31 | 15.31x |
| 2014-12-31 | 8.02x |
| 2014-09-30 | 11.19x |
| 2014-06-30 | 11.46x |
| 2014-03-31 | 8.64x |
| 2013-12-31 | 8.04x |
| 2013-09-30 | 9.85x |
| 2013-06-30 | 9.74x |
| 2013-03-31 | 5.47x |
| 2012-12-31 | 6.65x |
| 2012-09-30 | 7.94x |
| 2012-06-30 | 9.10x |
| 2012-03-31 | 6.78x |
| 2011-12-31 | 6.02x |
| 2011-09-30 | 9.14x |
| 2011-06-30 | 9.29x |
| 2011-03-31 | 7.34x |
| 2010-12-31 | 5.77x |
| 2010-09-30 | 8.70x |
| 2010-06-30 | 9.24x |
| 2010-03-31 | 5.29x |
| 2009-12-31 | 4.02x |
| 2009-09-30 | 6.09x |
| 2009-06-30 | 5.45x |
| 2009-03-31 | 2.77x |
| 2008-09-30 | 6.27x |
| 2008-06-30 | 6.49x |
| 2008-03-31 | 3.78x |