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 12.76x is 68% above its 5-year average of 7.59x, around the middle of its 5-year range (2.95x–25.56x).
20.72% below its 12-month average of 16.09x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-03-31): 19.30x.
INTEREST COVERAGE RATIO
12.76x
INTEREST COVERAGE RATIO AVG TTM
16.09x
INTEREST COVERAGE RATIO AVG 3Y
7.49x
INTEREST COVERAGE RATIO AVG 5Y
7.59x
INTEREST COVERAGE RATIO AVG 10Y
4.68x
INTEREST COVERAGE RATIO AVG 15Y
7.41x
INTEREST COVERAGE RATIO AVG 20Y
10.94x
CURRENT VS TTM AVG
-20.72%
CURRENT VS 3Y AVG
+70.46%
CURRENT VS 5Y AVG
+68.11%
CURRENT VS 10Y AVG
+172.42%
CURRENT VS 15Y AVG
+72.26%
CURRENT VS 20Y AVG
+16.61%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+64.01%
vs the sector median at left
Market Cap
$15.52B
Interest Coverage Ratio
-17.67x
TTM Avg
2.00x
3Y Avg
1.00x
5Y Avg
1.00x
Market Cap
$15.57B
Interest Coverage Ratio
20.42x
TTM Avg
20.05x
3Y Avg
34.26x
5Y Avg
26.23x
Market Cap
$16.27B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
Market Cap
$16.46B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$16.47B
Interest Coverage Ratio
10.38x
TTM Avg
9.93x
3Y Avg
7.59x
5Y Avg
6.90x
Market Cap
$16.57B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Inc. (PTC) | $15.53B | 12.76x | 16.09x | 7.49x | 7.59x |
| IREN Limited (IREN)vs › | $15.52B | -17.67x | 2.00x | 1.00x | 1.00x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.57B | 20.42x | 20.05x | 34.26x | 26.23x |
| IonQ, Inc. (IONQ)vs › | $15.06B | N/A | N/A | N/A | N/A |
| MKS Inc. (MKSI)vs › | $16.23B | 2.67x | 2.05x | 2.53x | 10.24x |
| Dynatrace, Inc. (DT)vs › | $16.27B | N/A | 17.61x | 13.89x | 13.89x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.46B | 9.06x | 18.36x | 19.78x | 20.12x |
| Leidos Holdings, Inc. (LDOS)vs › | $16.47B | 10.38x | 9.93x | 7.59x | 6.90x |
| Zebra Technologies Corporation (ZBRA)vs › | $16.57B | 7.41x | 6.58x | 6.40x | 38.33x |
| Fortive Corporation (FTV)vs › | $16.63B | 7.54x | 7.62x | 8.66x | 7.85x |
Interest Coverage
12.8x
Debt/Equity
0.46
Current Ratio
1.03
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 |
|---|---|
| 2026-03-31 | 19.30x |
| 2025-12-31 | 12.81x |
| 2025-09-30 | 25.56x |
| 2025-06-30 | 11.40x |
| 2025-03-31 | 11.40x |
| 2024-12-31 | 5.24x |
| 2024-09-30 | 7.78x |
| 2024-06-30 | 3.45x |
| 2024-03-31 | 5.68x |
| 2023-12-31 | 3.36x |
| 2023-09-30 | 3.39x |
| 2023-06-30 | 3.07x |
| 2023-03-31 | 2.95x |
| 2022-12-31 | 6.41x |
| 2022-09-30 | 9.55x |
| 2022-06-30 | 5.81x |
| 2022-03-31 | 13.01x |
| 2021-12-31 | 4.79x |
| 2021-09-30 | 8.96x |
| 2021-06-30 | 5.58x |
| 2021-03-31 | 7.87x |
| 2020-12-31 | 7.84x |
| 2020-09-30 | 5.56x |
| 2020-06-27 | 3.22x |
| 2020-03-28 | 1.53x |
| 2019-12-28 | 2.51x |
| 2019-09-30 | 4.40x |
| 2019-06-29 | 2.99x |
| 2019-03-30 | -0.14x |
| 2018-12-29 | 2.92x |
| 2018-09-30 | 1.10x |
| 2018-06-30 | 2.04x |
| 2018-03-31 | 2.07x |
| 2017-12-30 | 1.74x |
| 2017-09-30 | 1.73x |
| 2017-07-01 | 1.10x |
| 2017-04-01 | 0.64x |
| 2016-12-31 | 0.44x |
| 2016-09-30 | -1.18x |
| 2016-07-02 | 9.26x |
| 2016-04-02 | 0.37x |
| 2016-01-02 | -2.26x |
| 2015-09-30 | -1.84x |
| 2015-07-04 | 6.00x |
| 2015-04-04 | 1.14x |
| 2015-01-03 | 9.90x |
| 2014-09-30 | 13.11x |
| 2014-06-28 | 27.19x |
| 2014-03-29 | 24.39x |
| 2013-12-28 | 42.21x |
| 2013-09-30 | 33.20x |
| 2013-06-29 | 25.42x |
| 2013-03-30 | 11.18x |
| 2012-12-29 | 7.29x |
| 2012-09-30 | 42.80x |
| 2012-06-30 | 31.08x |
| 2012-03-31 | 5.75x |
| 2011-12-31 | 27.09x |
| 2011-09-30 | 25.50x |
| 2011-07-02 | 30.66x |
| 2011-04-02 | 80.75x |
| 2011-01-01 | 57.03x |
| 2010-09-30 | 88.79x |
| 2010-07-03 | 39.93x |
| 2010-04-03 | 38.37x |
| 2010-01-02 | 44.68x |
| 2009-09-30 | 16.94x |
| 2009-07-04 | 4.97x |
| 2009-04-04 | -2.03x |
| 2009-01-03 | 2.95x |
| 2008-03-29 | 103.44x |