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 2.47x is 38% above its 5-year average of 1.79x, near the low end of its 5-year range (-1.73x–16.00x).
168.87% above its 12-month average of 0.92x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): -1.73x.
INTEREST COVERAGE RATIO
2.47x
INTEREST COVERAGE RATIO AVG TTM
0.92x
INTEREST COVERAGE RATIO AVG 3Y
1.41x
INTEREST COVERAGE RATIO AVG 5Y
1.79x
INTEREST COVERAGE RATIO AVG 10Y
4.93x
INTEREST COVERAGE RATIO AVG 15Y
5.31x
INTEREST COVERAGE RATIO AVG 20Y
4.87x
CURRENT VS TTM AVG
+168.87%
CURRENT VS 3Y AVG
+75.45%
CURRENT VS 5Y AVG
+38.25%
CURRENT VS 10Y AVG
-49.91%
CURRENT VS 15Y AVG
-53.47%
CURRENT VS 20Y AVG
-49.28%
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
-52.77%
vs the sector median at left
Raymond James Financial, Inc.
Market Cap
$31.65B
Interest Coverage Ratio
2.47x
TTM Avg
0.92x
3Y Avg
1.41x
5Y Avg
1.79x
Market Cap
$32.08B
Interest Coverage Ratio
0.62x
TTM Avg
0.57x
3Y Avg
1.45x
5Y Avg
4.33x
Market Cap
$32.25B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$32.55B
Interest Coverage Ratio
0.38x
TTM Avg
0.36x
3Y Avg
0.69x
5Y Avg
15.89x
Market Cap
$32.94B
Interest Coverage Ratio
1.04x
TTM Avg
0.92x
3Y Avg
2.29x
5Y Avg
6.02x
Market Cap
$33.85B
Interest Coverage Ratio
33.64x
TTM Avg
32.69x
3Y Avg
24.80x
5Y Avg
20.26x
Market Cap
$28.79B
Interest Coverage Ratio
8.59x
TTM Avg
5.48x
3Y Avg
5.61x
5Y Avg
6.07x
Market Cap
$28.56B
Interest Coverage Ratio
28.95x
TTM Avg
25.14x
3Y Avg
18.85x
5Y Avg
18.21x
Market Cap
$28.35B
Interest Coverage Ratio
0.61x
TTM Avg
0.51x
3Y Avg
1.02x
5Y Avg
2.42x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Raymond James Financial, Inc. (RJF) | $31.65B | 2.47x | 0.92x | 1.41x | 1.79x |
| Huntington Bancshares Incorporated (HBAN)vs › | $32.08B | 0.62x | 0.57x | 1.45x | 4.33x |
| iShares Silver Trust (SLV)vs › | $32.25B | N/A | N/A | N/A | N/A |
| Northern Trust Corporation (NTRS)vs › | $32.55B | 0.38x | 0.36x | 0.69x | 15.89x |
| M&T Bank Corporation (MTB)vs › | $32.94B | 1.04x | 0.92x | 2.29x | 6.02x |
| Arch Capital Group Ltd. (ACGL)vs › | $33.85B | 33.64x | 32.69x | 24.80x | 20.26x |
| Willis Towers Watson Public Limited Company (WTW)vs › | $28.79B | 8.59x | 5.48x | 5.61x | 6.07x |
| Cboe Global Markets, Inc. (CBOE)vs › | $28.56B | 28.95x | 25.14x | 18.85x | 18.21x |
| Citizens Financial Group, Inc. (CFG)vs › | $28.35B | 0.61x | 0.51x | 1.02x | 2.42x |
| The Hartford Insurance Group, Inc. (HIG)vs › | $36.16B | 23.92x | 21.63x | 17.35x | 15.13x |
Interest Coverage
2.5x
Debt/Equity
0.42
Current Ratio
0.36
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 | -1.73x |
| 2026-03-31 | 1.82x |
| 2025-12-31 | 1.65x |
| 2025-09-30 | 1.58x |
| 2025-06-30 | 1.27x |
| 2025-03-31 | 1.52x |
| 2024-12-31 | 1.50x |
| 2024-09-30 | 1.40x |
| 2024-06-30 | 1.21x |
| 2024-03-31 | 1.17x |
| 2023-12-31 | 1.24x |
| 2023-09-30 | 1.27x |
| 2023-06-30 | 1.26x |
| 2023-03-31 | 1.96x |
| 2022-12-31 | 2.71x |
| 2022-09-30 | 3.62x |
| 2022-06-30 | 6.92x |
| 2022-03-31 | 11.39x |
| 2021-12-31 | 15.08x |
| 2021-09-30 | 16.00x |
| 2021-06-30 | 9.63x |
| 2021-03-31 | 12.08x |
| 2020-12-31 | 10.50x |
| 2020-09-30 | 6.10x |
| 2020-06-30 | 4.71x |
| 2020-03-31 | 5.56x |
| 2019-12-31 | 7.04x |
| 2019-09-30 | 5.97x |
| 2019-06-30 | 4.68x |
| 2019-03-31 | 4.63x |
| 2018-12-31 | 4.55x |
| 2018-09-30 | 5.45x |
| 2018-06-30 | 5.89x |
| 2018-03-31 | 7.38x |
| 2017-12-31 | 7.78x |
| 2017-09-30 | 6.63x |
| 2017-06-30 | 7.18x |
| 2017-03-31 | 4.40x |
| 2016-12-31 | 5.77x |
| 2016-09-30 | 7.20x |
| 2016-06-30 | 7.31x |
| 2016-03-31 | 6.67x |
| 2015-12-31 | 6.37x |
| 2015-09-30 | 7.74x |
| 2015-06-30 | 7.26x |
| 2015-03-31 | 6.54x |
| 2014-12-31 | 7.25x |
| 2014-09-30 | 7.99x |
| 2014-06-30 | 6.61x |
| 2014-03-31 | 5.89x |
| 2013-12-31 | 7.05x |
| 2013-09-30 | 5.88x |
| 2013-06-30 | 4.57x |
| 2013-03-31 | 5.86x |
| 2012-12-31 | 5.25x |
| 2012-09-30 | 4.21x |
| 2012-06-30 | 4.67x |
| 2012-03-31 | 6.02x |
| 2011-12-31 | 6.52x |
| 2011-09-30 | 7.06x |
| 2011-06-30 | 4.55x |
| 2011-03-31 | 8.46x |
| 2010-12-31 | 7.68x |
| 2010-09-30 | 6.48x |
| 2010-06-30 | 5.87x |
| 2010-03-31 | 6.06x |
| 2009-12-31 | 4.27x |
| 2009-09-30 | 5.70x |
| 2009-06-30 | 10.29x |
| 2009-03-31 | 0.92x |
| 2008-12-31 | 3.03x |
| 2008-09-30 | 1.25x |
| 2008-06-30 | 1.73x |
| 2008-03-31 | 0.85x |
| 2007-12-31 | 0.63x |
| 2007-09-30 | 0.65x |
| 2007-06-30 | 0.82x |
| 2007-03-31 | 0.83x |
| 2006-12-31 | 0.89x |
| 2006-09-30 | 0.77x |
| 2006-06-30 | 1.18x |
| 2006-03-31 | 1.49x |
| 2005-12-31 | 1.46x |
| 2005-09-30 | 2.42x |
| 2005-06-24 | 1.57x |
| 2005-03-24 | 1.99x |
| 2004-12-31 | 2.55x |
| 2004-09-30 | 3.26x |
| 2004-06-25 | 4.18x |
| 2004-03-26 | 6.12x |
| 2003-12-26 | 3.65x |
| 2003-09-30 | 5.28x |
| 2003-06-27 | 3.24x |
| 2003-03-28 | 2.27x |
| 2002-12-27 | 1.77x |
| 2002-09-30 | 2.54x |