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 12.97x is 18% above its 5-year average of 11.01x, around the middle of its 5-year range (6.90x–16.25x).
As of the fiscal period ended Tuesday, March 31, 2026. 16.66% above its 12-month average of 11.12x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.97x
INTEREST COVERAGE RATIO AVG TTM
11.12x
INTEREST COVERAGE RATIO AVG 3Y
10.46x
INTEREST COVERAGE RATIO AVG 5Y
11.01x
INTEREST COVERAGE RATIO AVG 10Y
12.30x
INTEREST COVERAGE RATIO AVG 15Y
14.23x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+16.66%
CURRENT VS 3Y AVG
+24.03%
CURRENT VS 5Y AVG
+17.82%
CURRENT VS 10Y AVG
+5.44%
CURRENT VS 15Y AVG
-8.81%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
+65.99%
vs the sector median at left
Rockwell Automation, Inc.
Market Cap
$53.42B
Interest Coverage Ratio
12.97x
TTM Avg
11.12x
3Y Avg
10.46x
5Y Avg
11.01x
Market Cap
$54.75B
Interest Coverage Ratio
267.05x
TTM Avg
236.95x
3Y Avg
179.28x
5Y Avg
160.05x
Market Cap
$51.61B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$55.40B
Interest Coverage Ratio
23.82x
TTM Avg
19.79x
3Y Avg
19.62x
5Y Avg
17.78x
Market Cap
$50.95B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$49.48B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$57.50B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
Market Cap
$49.13B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$47.22B
Interest Coverage Ratio
2.69x
TTM Avg
4.50x
3Y Avg
2.86x
5Y Avg
2.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rockwell Automation, Inc. (ROK) | $53.42B | 12.97x | 11.12x | 10.46x | 11.01x |
| Fastenal Company (FAST)vs › | $54.75B | 267.05x | 236.95x | 179.28x | 160.05x |
| L3Harris Technologies, Inc. (LHX)vs › | $51.61B | 3.60x | 3.29x | 3.30x | 4.95x |
| AMETEK, Inc. (AME)vs › | $55.40B | 23.82x | 19.79x | 19.62x | 17.78x |
| Carrier Global Corporation (CARR)vs › | $50.95B | 5.53x | 4.58x | 5.55x | 6.80x |
| HEICO Corporation (HEI-A)vs › | $49.48B | 7.85x | 6.72x | 24.68x | 30.27x |
| Delta Air Lines, Inc. (DAL)vs › | $57.50B | 8.57x | 8.30x | 6.70x | 5.65x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 8.31x | 8.16x | 6.89x | 6.04x |
| Ferrovial SE (FER)vs › | $47.22B | 2.69x | 4.50x | 2.86x | 2.89x |
| Bloom Energy Corporation (BE)vs › | $60.62B | 1.35x | 0.86x | 0.86x | 0.86x |
Interest Coverage
13.0x
Debt/Equity
1.00
Current Ratio
1.14
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 | 12.97x |
| 2025-12-31 | 11.47x |
| 2025-09-30 | 12.38x |
| 2025-06-30 | 9.70x |
| 2025-03-31 | 9.08x |
| 2024-12-31 | 9.00x |
| 2024-09-30 | 6.90x |
| 2024-06-30 | 7.17x |
| 2024-03-31 | 8.30x |
| 2023-12-31 | 8.52x |
| 2023-09-30 | 16.25x |
| 2023-06-30 | 12.11x |
| 2023-03-31 | 12.11x |
| 2022-12-31 | 10.09x |
| 2022-09-30 | 13.39x |
| 2022-06-30 | 11.78x |
| 2022-03-31 | 7.83x |
| 2021-12-31 | 10.54x |
| 2021-09-30 | 10.75x |
| 2021-06-30 | 15.32x |
| 2021-03-31 | 15.54x |
| 2020-12-31 | 12.48x |
| 2020-09-30 | 11.12x |
| 2020-06-30 | 7.13x |
| 2020-03-31 | 14.48x |
| 2019-12-31 | 12.28x |
| 2019-09-30 | 11.54x |
| 2019-06-30 | 13.81x |
| 2019-03-31 | 13.47x |
| 2018-12-31 | 16.89x |
| 2018-09-30 | 16.65x |
| 2018-06-30 | 21.10x |
| 2018-03-31 | 18.73x |
| 2017-12-31 | 15.94x |
| 2017-09-30 | 11.36x |
| 2017-06-30 | 15.28x |
| 2017-03-31 | 13.29x |
| 2016-12-31 | 14.66x |
| 2016-09-30 | 13.50x |
| 2016-06-30 | 14.92x |
| 2016-03-31 | 13.38x |
| 2015-12-31 | 14.53x |
| 2015-09-30 | 18.17x |
| 2015-06-30 | 18.40x |
| 2015-03-31 | 18.52x |
| 2014-12-31 | 20.17x |
| 2014-09-30 | 23.67x |
| 2014-06-30 | 19.94x |
| 2014-03-31 | 17.55x |
| 2013-12-31 | 18.68x |
| 2013-09-30 | 19.70x |
| 2013-06-30 | 17.59x |
| 2013-03-31 | 15.66x |
| 2012-12-31 | 15.18x |
| 2012-09-30 | 17.97x |
| 2012-06-30 | 17.22x |
| 2012-03-31 | 16.35x |
| 2011-12-31 | 17.09x |
| 2011-09-30 | 18.70x |
| 2011-06-30 | 15.11x |
| 2011-03-31 | 14.31x |
| 2010-12-31 | 13.30x |
| 2010-09-30 | 11.51x |
| 2010-06-30 | 11.76x |
| 2010-03-31 | 9.93x |
| 2009-12-31 | 7.42x |
| 2009-09-30 | 3.19x |
| 2009-06-30 | 4.23x |
| 2009-03-31 | 4.63x |
| 2008-12-31 | 10.47x |