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 27.97x is 30% below its 5-year average of 39.72x, around the middle of its 5-year range (-214.17x–402.88x).
As of the fiscal period ended Tuesday, June 30, 2026. 22.82% below its 12-month average of 36.24x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
27.97x
INTEREST COVERAGE RATIO AVG TTM
36.24x
INTEREST COVERAGE RATIO AVG 3Y
45.41x
INTEREST COVERAGE RATIO AVG 5Y
39.72x
INTEREST COVERAGE RATIO AVG 10Y
28.90x
INTEREST COVERAGE RATIO AVG 15Y
12.18x
INTEREST COVERAGE RATIO AVG 20Y
12.85x
CURRENT VS TTM AVG
-22.82%
CURRENT VS 3Y AVG
-38.42%
CURRENT VS 5Y AVG
-29.60%
CURRENT VS 10Y AVG
-3.24%
CURRENT VS 15Y AVG
+129.63%
CURRENT VS 20Y AVG
+117.61%
SECTOR MEDIAN · BASIC MATERIALS
10.54x
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
+165.33%
vs the sector median at left
Royal Gold, Inc.
Market Cap
$22.31B
Interest Coverage Ratio
27.97x
TTM Avg
36.24x
3Y Avg
45.41x
5Y Avg
39.72x
Market Cap
$21.98B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
Market Cap
$21.59B
Interest Coverage Ratio
-7.58x
TTM Avg
1.96x
3Y Avg
2.92x
5Y Avg
2.76x
Market Cap
$24.11B
Interest Coverage Ratio
18.57x
TTM Avg
13.37x
3Y Avg
8.44x
5Y Avg
8.44x
Market Cap
$20.38B
Interest Coverage Ratio
-0.64x
TTM Avg
5.09x
3Y Avg
10.25x
5Y Avg
9.30x
Market Cap
$19.62B
Interest Coverage Ratio
18.36x
TTM Avg
23.77x
3Y Avg
32.80x
5Y Avg
24.91x
Market Cap
$25.15B
Interest Coverage Ratio
9.00x
TTM Avg
9.25x
3Y Avg
9.18x
5Y Avg
10.59x
Market Cap
$19.40B
Interest Coverage Ratio
15.26x
TTM Avg
14.84x
3Y Avg
15.42x
5Y Avg
12.80x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Gold, Inc. (RGLD) | $22.31B | 27.97x | 36.24x | 45.41x | 39.72x |
| Dow Inc. (DOW)vs › | $22.01B | 0.30x | 1.51x | 3.66x | 4.83x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.98B | 3.68x | 3.09x | 3.09x | 3.13x |
| International Paper Company (IP)vs › | $21.59B | -7.58x | 1.96x | 2.92x | 2.76x |
| Carpenter Technology Corporation (CRS)vs › | $24.11B | 18.57x | 13.37x | 8.44x | 8.44x |
| LyondellBasell Industries N.V. (LYB)vs › | $20.38B | -0.64x | 5.09x | 10.25x | 9.30x |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.62B | 18.36x | 23.77x | 32.80x | 24.91x |
| PPG Industries, Inc. (PPG)vs › | $25.15B | 9.00x | 9.25x | 9.18x | 10.59x |
| CF Industries Holdings, Inc. (CF)vs › | $19.40B | 15.26x | 14.84x | 15.42x | 12.80x |
| DuPont de Nemours, Inc. (DD)vs › | $18.49B | 2.75x | 3.88x | 4.05x | 3.80x |
Interest Coverage
28.0x
Debt/Equity
0.05
Current Ratio
2.92
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 | 27.97x |
| 2026-03-31 | 22.44x |
| 2025-12-31 | 18.59x |
| 2025-09-30 | 20.33x |
| 2025-06-30 | 91.87x |
| 2025-03-31 | 106.50x |
| 2024-12-31 | 94.04x |
| 2024-09-30 | 98.46x |
| 2024-06-30 | 60.05x |
| 2024-03-31 | 16.39x |
| 2023-12-31 | 14.76x |
| 2023-09-30 | 9.79x |
| 2023-06-30 | 9.22x |
| 2023-03-31 | 10.12x |
| 2022-12-31 | 13.12x |
| 2022-09-30 | 15.84x |
| 2022-06-30 | 339.52x |
| 2022-03-31 | 402.88x |
| 2021-12-31 | -214.17x |
| 2021-09-30 | 45.81x |
| 2021-06-30 | 286.56x |
| 2021-03-31 | 88.82x |
| 2020-12-31 | 77.37x |
| 2020-09-30 | 79.39x |
| 2020-06-30 | 22.29x |
| 2020-03-31 | 43.57x |
| 2019-12-31 | 33.32x |
| 2019-09-30 | 22.17x |
| 2019-06-30 | 6.57x |
| 2019-03-31 | 5.76x |
| 2018-12-31 | 4.24x |
| 2018-09-30 | 3.22x |
| 2018-06-30 | 5.18x |
| 2018-03-31 | -26.14x |
| 2017-12-31 | 5.19x |
| 2017-09-30 | 4.84x |
| 2017-06-30 | 2.81x |
| 2017-03-31 | 4.09x |
| 2016-12-31 | 3.24x |
| 2016-09-30 | 4.92x |
| 2016-06-30 | 3.29x |
| 2016-03-31 | 2.75x |
| 2015-12-31 | 3.05x |
| 2015-09-30 | 2.94x |
| 2015-06-30 | 4.45x |
| 2015-03-31 | 5.00x |
| 2014-12-31 | -0.32x |
| 2014-09-30 | 4.40x |
| 2014-06-30 | 5.46x |
| 2014-03-31 | 4.78x |
| 2013-12-31 | 3.82x |
| 2013-09-30 | 4.43x |
| 2013-06-30 | 4.82x |
| 2013-03-31 | 7.46x |
| 2012-12-31 | 7.43x |
| 2012-09-30 | 7.94x |
| 2012-06-30 | 13.42x |
| 2012-03-31 | 27.64x |
| 2011-12-31 | 24.50x |
| 2011-09-30 | 21.06x |
| 2011-06-30 | 20.96x |
| 2011-03-31 | 13.22x |
| 2010-12-31 | 17.59x |
| 2010-09-30 | 9.03x |
| 2010-06-30 | 17.18x |
| 2010-03-31 | -1.02x |
| 2009-12-31 | 91.57x |
| 2009-09-30 | 30.29x |
| 2009-06-30 | 169.13x |
| 2009-03-31 | 29.02x |
| 2008-12-31 | 6.69x |
| 2008-03-31 | 27.28x |