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 5.54x is 221% above its 5-year average of 1.73x, near the high end of its 5-year range (-3.64x–6.86x).
As of the fiscal period ended Tuesday, June 30, 2026. 6.90% above its 12-month average of 5.18x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.54x
INTEREST COVERAGE RATIO AVG TTM
5.18x
INTEREST COVERAGE RATIO AVG 3Y
3.67x
INTEREST COVERAGE RATIO AVG 5Y
1.73x
INTEREST COVERAGE RATIO AVG 10Y
2.56x
INTEREST COVERAGE RATIO AVG 15Y
2.72x
INTEREST COVERAGE RATIO AVG 20Y
2.55x
CURRENT VS TTM AVG
+6.90%
CURRENT VS 3Y AVG
+50.78%
CURRENT VS 5Y AVG
+220.91%
CURRENT VS 10Y AVG
+116.62%
CURRENT VS 15Y AVG
+103.93%
CURRENT VS 20Y AVG
+117.58%
SECTOR MEDIAN · CONSUMER CYCLICAL
6.47x
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
-14.40%
vs the sector median at left
Royal Caribbean Cruises Ltd.
Market Cap
$85.82B
Interest Coverage Ratio
5.54x
TTM Avg
5.18x
3Y Avg
3.67x
5Y Avg
1.73x
Market Cap
$81.87B
Interest Coverage Ratio
82.30x
TTM Avg
61.55x
3Y Avg
44.74x
5Y Avg
35.81x
Market Cap
$92.29B
Interest Coverage Ratio
5.12x
TTM Avg
5.27x
3Y Avg
6.49x
5Y Avg
5.06x
Market Cap
$92.30B
Interest Coverage Ratio
21.63x
TTM Avg
19.41x
3Y Avg
13.82x
5Y Avg
9.74x
Market Cap
$79.21B
Interest Coverage Ratio
4.00x
TTM Avg
9.55x
3Y Avg
9.94x
5Y Avg
9.27x
Market Cap
$77.71B
Interest Coverage Ratio
3.72x
TTM Avg
2.63x
3Y Avg
2.63x
5Y Avg
2.63x
Market Cap
$77.51B
Interest Coverage Ratio
14.72x
TTM Avg
14.66x
3Y Avg
15.98x
5Y Avg
16.53x
Market Cap
$72.52B
Interest Coverage Ratio
50.94x
TTM Avg
45.68x
3Y Avg
39.86x
5Y Avg
33.66x
Market Cap
$71.48B
Interest Coverage Ratio
4.34x
TTM Avg
4.25x
3Y Avg
4.59x
5Y Avg
4.18x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Caribbean Cruises Ltd. (RCL) | $85.82B | 5.54x | 5.18x | 3.67x | 1.73x |
| Ross Stores, Inc. (ROST)vs › | $81.87B | 82.30x | 61.55x | 44.74x | 35.81x |
| Marriott International, Inc. (MAR)vs › | $92.29B | 5.12x | 5.27x | 6.49x | 5.06x |
| MercadoLibre, Inc. (MELI)vs › | $92.30B | 21.63x | 19.41x | 13.82x | 9.74x |
| General Motors Company (GM)vs › | $79.21B | 4.00x | 9.55x | 9.94x | 9.27x |
| Carvana Co. (CVNA)vs › | $77.71B | 3.72x | 2.63x | 2.63x | 2.63x |
| O'Reilly Automotive, Inc. (ORLY)vs › | $77.51B | 14.72x | 14.66x | 15.98x | 16.53x |
| Ferrari N.V. (RACE)vs › | $72.52B | 50.94x | 45.68x | 39.86x | 33.66x |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $71.48B | 4.34x | 4.25x | 4.59x | 4.18x |
| Sea Limited (SE)vs › | $68.10B | 55.46x | 36.37x | 26.07x | 26.07x |
Interest Coverage
5.5x
Debt/Equity
2.30
Current Ratio
0.21
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 | 5.54x |
| 2026-03-31 | 4.18x |
| 2025-12-31 | 3.49x |
| 2025-09-30 | 6.86x |
| 2025-06-30 | 5.83x |
| 2025-03-31 | 3.80x |
| 2024-12-31 | 2.35x |
| 2024-09-30 | 2.71x |
| 2024-06-30 | 3.69x |
| 2024-03-31 | 1.77x |
| 2023-12-31 | 1.64x |
| 2023-09-30 | 3.72x |
| 2023-06-30 | 2.17x |
| 2023-03-31 | 0.76x |
| 2022-12-31 | 0.04x |
| 2022-09-30 | 0.85x |
| 2022-06-30 | -0.72x |
| 2022-03-31 | -3.09x |
| 2021-12-31 | -3.64x |
| 2021-09-30 | -2.34x |
| 2021-06-30 | -3.36x |
| 2021-03-31 | -2.97x |
| 2020-12-31 | -3.72x |
| 2020-09-30 | -3.84x |
| 2020-06-30 | -5.86x |
| 2020-03-31 | -14.06x |
| 2019-12-31 | 3.16x |
| 2019-09-30 | 8.73x |
| 2019-06-30 | 5.15x |
| 2019-03-31 | 3.18x |
| 2018-12-31 | 3.74x |
| 2018-09-30 | 9.24x |
| 2018-06-30 | 5.58x |
| 2018-03-31 | 4.04x |
| 2017-12-31 | 4.40x |
| 2017-09-30 | 10.07x |
| 2017-06-30 | 5.48x |
| 2017-03-31 | 3.48x |
| 2016-12-31 | 3.68x |
| 2016-09-30 | 8.90x |
| 2016-06-30 | 3.58x |
| 2016-03-31 | 2.49x |
| 2015-12-31 | 3.90x |
| 2015-09-30 | 3.86x |
| 2015-06-30 | 3.41x |
| 2015-03-31 | 1.51x |
| 2014-12-31 | 1.85x |
| 2014-09-30 | 8.81x |
| 2014-06-30 | 3.00x |
| 2014-03-31 | 1.42x |
| 2013-12-31 | 0.99x |
| 2013-09-30 | 5.58x |
| 2013-06-30 | 1.30x |
| 2013-03-31 | 1.84x |
| 2012-12-31 | -3.16x |
| 2012-09-30 | 5.32x |
| 2012-06-30 | 1.09x |
| 2012-03-31 | 1.46x |
| 2011-12-31 | 1.17x |
| 2011-09-30 | 5.17x |
| 2011-06-30 | 1.81x |
| 2011-03-31 | 1.49x |
| 2010-12-31 | 1.37x |
| 2010-09-30 | 5.00x |
| 2010-06-30 | 1.58x |
| 2010-03-31 | 1.09x |
| 2009-12-31 | 1.05x |
| 2009-09-30 | 4.15x |
| 2009-06-30 | 0.81x |
| 2009-03-31 | 0.56x |
| 2008-12-31 | 0.72x |
| 2008-09-30 | 5.73x |
| 2008-06-30 | 2.08x |
| 2008-03-31 | 1.76x |
| 2007-09-30 | 5.66x |
| 2007-06-30 | 2.35x |
