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 9.12x is 15% below its 5-year average of 10.78x, near the low end of its 5-year range (6.90x–21.80x).
33.25% below its 12-month average of 13.66x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): 21.80x.
INTEREST COVERAGE RATIO
9.12x
INTEREST COVERAGE RATIO AVG TTM
13.66x
INTEREST COVERAGE RATIO AVG 3Y
10.32x
INTEREST COVERAGE RATIO AVG 5Y
10.78x
INTEREST COVERAGE RATIO AVG 10Y
12.50x
INTEREST COVERAGE RATIO AVG 15Y
14.35x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-33.25%
CURRENT VS 3Y AVG
-11.64%
CURRENT VS 5Y AVG
-15.43%
CURRENT VS 10Y AVG
-27.02%
CURRENT VS 15Y AVG
-36.44%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+16.18%
vs the sector median at left
Rockwell Automation, Inc.
Market Cap
$46.54B
Interest Coverage Ratio
9.12x
TTM Avg
13.66x
3Y Avg
10.32x
5Y Avg
10.78x
Market Cap
$46.31B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$47.00B
Interest Coverage Ratio
8.31x
TTM Avg
8.16x
3Y Avg
6.89x
5Y Avg
6.04x
Market Cap
$47.30B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$44.80B
Interest Coverage Ratio
10.87x
TTM Avg
11.70x
3Y Avg
11.02x
5Y Avg
10.15x
Market Cap
$43.08B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$51.51B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
Market Cap
$42.20B
Interest Coverage Ratio
17.17x
TTM Avg
15.45x
3Y Avg
15.04x
5Y Avg
17.58x
Market Cap
$41.97B
Interest Coverage Ratio
9.32x
TTM Avg
15.13x
3Y Avg
35.99x
5Y Avg
39.17x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rockwell Automation, Inc. (ROK) | $46.54B | 9.12x | 13.66x | 10.32x | 10.78x |
| L3Harris Technologies, Inc. (LHX)vs › | $46.31B | 3.60x | 3.29x | 3.30x | 4.95x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.00B | 8.31x | 8.16x | 6.89x | 6.04x |
| Carrier Global Corporation (CARR)vs › | $47.30B | 5.53x | 4.58x | 5.55x | 6.80x |
| Thomson Reuters Corporation (TRI)vs › | $44.80B | 10.87x | 11.70x | 11.02x | 10.15x |
| HEICO Corporation (HEI-A)vs › | $43.08B | 7.85x | 6.72x | 24.68x | 30.27x |
| Honeywell Aerospace Inc (HONA)vs › | $51.51B | 3.98x | 3.98x | 3.98x | 3.98x |
| Ferguson plc (FERG)vs › | $42.20B | 17.17x | 15.45x | 15.04x | 17.58x |
| Paychex, Inc. (PAYX)vs › | $41.97B | 9.32x | 15.13x | 35.99x | 39.17x |
| HEICO Corporation (HEI)vs › | $41.51B | 7.85x | 6.72x | 24.68x | 30.27x |
Interest Coverage
9.1x
Debt/Equity
1.03
Current Ratio
1.08
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 | 21.80x |
| 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 |