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 9.45x is 34% above its 5-year average of 7.03x, around the middle of its 5-year range (3.25x–13.74x).
As of the fiscal period ended Tuesday, June 30, 2026. 38.23% above its 12-month average of 6.83x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
9.45x
INTEREST COVERAGE RATIO AVG TTM
6.83x
INTEREST COVERAGE RATIO AVG 3Y
6.54x
INTEREST COVERAGE RATIO AVG 5Y
6.69x
INTEREST COVERAGE RATIO AVG 10Y
9.97x
INTEREST COVERAGE RATIO AVG 15Y
32.42x
INTEREST COVERAGE RATIO AVG 20Y
16.65x
CURRENT VS TTM AVG
+38.23%
CURRENT VS 3Y AVG
+44.53%
CURRENT VS 5Y AVG
+41.15%
CURRENT VS 10Y AVG
-5.26%
CURRENT VS 15Y AVG
-70.86%
CURRENT VS 20Y AVG
-43.26%
SECTOR MEDIAN · INDUSTRIALS
8.22x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
+14.93%
vs the sector median at left
Quanta Services, Inc.
Market Cap
$104.19B
Interest Coverage Ratio
9.45x
TTM Avg
6.83x
3Y Avg
6.54x
5Y Avg
6.69x
Market Cap
$104.37B
Interest Coverage Ratio
17.06x
TTM Avg
14.63x
3Y Avg
12.67x
5Y Avg
11.46x
Market Cap
$103.92B
Interest Coverage Ratio
22.03x
TTM Avg
15.60x
3Y Avg
9.21x
5Y Avg
7.01x
Market Cap
$103.90B
Interest Coverage Ratio
17.44x
TTM Avg
16.06x
3Y Avg
13.82x
5Y Avg
11.68x
Market Cap
$94.53B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$115.31B
Interest Coverage Ratio
14.11x
TTM Avg
11.65x
3Y Avg
8.38x
5Y Avg
6.52x
Market Cap
$92.68B
Interest Coverage Ratio
7.78x
TTM Avg
8.94x
3Y Avg
12.16x
5Y Avg
13.22x
Market Cap
$90.04B
Interest Coverage Ratio
5.05x
TTM Avg
6.00x
3Y Avg
7.19x
5Y Avg
7.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quanta Services, Inc. (PWR) | $104.19B | 9.45x | 6.83x | 6.54x | 6.69x |
| General Dynamics Corporation (GD)vs › | $104.37B | 17.06x | 14.63x | 12.67x | 11.46x |
| Vertiv Holdings Co (VRT)vs › | $103.92B | 22.03x | 15.60x | 9.21x | 7.01x |
| Trane Technologies plc (TT)vs › | $103.90B | 17.44x | 16.06x | 13.82x | 11.68x |
| CSX Corporation (CSX)vs › | $94.53B | 5.36x | 5.91x | 6.65x | 6.58x |
| 3M Company (MMM)vs › | $93.58B | 6.34x | 5.25x | 5.76x | 8.68x |
| Howmet Aerospace Inc. (HWM)vs › | $115.31B | 14.11x | 11.65x | 8.38x | 6.52x |
| United Parcel Service, Inc. (UPS)vs › | $92.68B | 7.78x | 8.94x | 12.16x | 13.22x |
| Waste Management, Inc. (WM)vs › | $90.04B | 5.05x | 6.00x | 7.19x | 7.13x |
| Emerson Electric Co. (EMR)vs › | $88.99B | 9.13x | 8.69x | 9.57x | 11.00x |
Interest Coverage
9.4x
Debt/Equity
0.69
Current Ratio
1.10
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 | 9.45x |
| 2026-03-31 | 4.56x |
| 2025-12-31 | 6.40x |
| 2025-09-30 | 7.20x |
| 2025-06-30 | 6.56x |
| 2025-03-31 | 4.50x |
| 2024-12-31 | 7.91x |
| 2024-09-30 | 7.11x |
| 2024-06-30 | 6.82x |
| 2024-03-31 | 3.81x |
| 2023-12-31 | 6.74x |
| 2023-09-30 | 8.28x |
| 2023-06-30 | 5.63x |
| 2023-03-31 | 3.25x |
| 2022-12-31 | 7.15x |
| 2022-09-30 | 9.36x |
| 2022-06-30 | 7.25x |
| 2022-03-31 | 4.96x |
| 2021-12-31 | 5.00x |
| 2021-09-30 | 13.74x |
| 2021-06-30 | 11.92x |
| 2021-03-31 | 8.67x |
| 2020-12-31 | 17.03x |
| 2020-09-30 | 22.42x |
| 2020-06-30 | 12.67x |
| 2020-03-31 | 5.96x |
| 2019-12-31 | 8.85x |
| 2019-09-30 | 11.60x |
| 2019-06-30 | 5.24x |
| 2019-03-31 | 8.61x |
| 2018-12-31 | 16.55x |
| 2018-09-30 | 21.02x |
| 2018-06-30 | 12.77x |
| 2018-03-31 | 11.92x |
| 2017-12-31 | 16.00x |
| 2017-09-30 | 23.18x |
| 2017-06-30 | 25.71x |
| 2017-03-31 | 18.93x |
| 2016-12-31 | 31.55x |
| 2016-09-30 | 34.93x |
| 2016-06-30 | 9.90x |
| 2016-03-31 | 10.39x |
| 2015-12-31 | 1.24x |
| 2015-09-30 | 40.02x |
| 2015-06-30 | 41.11x |
| 2015-03-31 | 66.94x |
| 2014-12-31 | 81.54x |
| 2014-09-30 | 108.18x |
| 2014-06-30 | 118.26x |
| 2014-03-31 | 92.15x |
| 2013-12-31 | 125.74x |
| 2013-09-30 | 297.01x |
| 2013-06-30 | 232.95x |
| 2013-03-31 | 237.63x |
| 2012-12-31 | 128.68x |
| 2012-09-30 | 150.62x |
| 2012-06-30 | 115.90x |
| 2012-03-31 | 136.09x |
| 2011-12-31 | 162.11x |
| 2011-09-30 | 127.35x |
| 2011-06-30 | 226.39x |
| 2011-03-31 | -105.55x |
| 2010-12-31 | 215.44x |
| 2010-09-30 | 351.53x |
| 2010-06-30 | 42.45x |
| 2010-03-31 | 14.77x |
| 2009-12-31 | 25.58x |
| 2009-09-30 | 25.27x |
| 2009-06-30 | 21.37x |
| 2009-03-31 | 13.71x |
| 2008-09-30 | 18.46x |
| 2008-06-30 | 7.46x |
| 2008-03-31 | 4.44x |
| 2007-06-30 | 6.79x |
| 2006-12-31 | -2.39x |
| 2005-12-31 | 5.72x |
| 2005-06-30 | 1.68x |
| 2004-03-31 | -2.61x |
| 2003-12-31 | 0.82x |
| 2003-09-30 | 2.00x |
