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 24.26x is 25% below its 5-year average of 32.16x, around the middle of its 5-year range (11.37x–52.71x).
As of the fiscal period ended Tuesday, June 30, 2026. 22.06% above its 12-month average of 19.88x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
24.26x
INTEREST COVERAGE RATIO AVG TTM
19.88x
INTEREST COVERAGE RATIO AVG 3Y
28.22x
INTEREST COVERAGE RATIO AVG 5Y
32.16x
INTEREST COVERAGE RATIO AVG 10Y
21.88x
INTEREST COVERAGE RATIO AVG 15Y
16.24x
INTEREST COVERAGE RATIO AVG 20Y
13.82x
CURRENT VS TTM AVG
+22.06%
CURRENT VS 3Y AVG
-14.02%
CURRENT VS 5Y AVG
-24.56%
CURRENT VS 10Y AVG
+10.91%
CURRENT VS 15Y AVG
+49.41%
CURRENT VS 20Y AVG
+75.52%
SECTOR MEDIAN · BASIC MATERIALS
9.00x
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+169.60%
vs the sector median at left
Reliance Steel & Aluminum Co.
Market Cap
$21.88B
Interest Coverage Ratio
24.26x
TTM Avg
19.88x
3Y Avg
28.22x
5Y Avg
32.16x
Market Cap
$21.83B
Interest Coverage Ratio
-7.58x
TTM Avg
1.96x
3Y Avg
2.92x
5Y Avg
2.76x
Market Cap
$21.58B
Interest Coverage Ratio
3.68x
TTM Avg
3.09x
3Y Avg
3.09x
5Y Avg
3.13x
Market Cap
$20.05B
Interest Coverage Ratio
-0.64x
TTM Avg
5.09x
3Y Avg
10.25x
5Y Avg
9.30x
Market Cap
$19.47B
Interest Coverage Ratio
2.75x
TTM Avg
3.88x
3Y Avg
4.05x
5Y Avg
3.80x
Market Cap
$19.45B
Interest Coverage Ratio
28.40x
TTM Avg
36.25x
3Y Avg
27.89x
5Y Avg
42.77x
Market Cap
$18.10B
Interest Coverage Ratio
15.26x
TTM Avg
14.84x
3Y Avg
15.42x
5Y Avg
12.80x
Market Cap
$25.68B
Interest Coverage Ratio
9.00x
TTM Avg
9.25x
3Y Avg
9.18x
5Y Avg
10.59x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Reliance Steel & Aluminum Co. (RS) | $21.88B | 24.26x | 19.88x | 28.22x | 32.16x |
| International Paper Company (IP)vs › | $21.83B | -7.58x | 1.96x | 2.92x | 2.76x |
| Dow Inc. (DOW)vs › | $21.93B | 0.30x | 1.51x | 3.66x | 4.83x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.58B | 3.68x | 3.09x | 3.09x | 3.13x |
| LyondellBasell Industries N.V. (LYB)vs › | $20.05B | -0.64x | 5.09x | 10.25x | 9.30x |
| DuPont de Nemours, Inc. (DD)vs › | $19.47B | 2.75x | 3.88x | 4.05x | 3.80x |
| Royal Gold, Inc. (RGLD)vs › | $19.45B | 28.40x | 36.25x | 27.89x | 42.77x |
| CF Industries Holdings, Inc. (CF)vs › | $18.10B | 15.26x | 14.84x | 15.42x | 12.80x |
| PPG Industries, Inc. (PPG)vs › | $25.68B | 9.00x | 9.25x | 9.18x | 10.59x |
| Carpenter Technology Corporation (CRS)vs › | $26.17B | 18.57x | 13.37x | 8.44x | 8.44x |
Interest Coverage
24.3x
Debt/Equity
0.27
Current Ratio
4.30
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 | 24.26x |
| 2026-03-31 | 23.89x |
| 2025-12-31 | 11.37x |
| 2025-09-30 | 18.04x |
| 2025-06-30 | 21.83x |
| 2025-03-31 | 23.86x |
| 2024-12-31 | 15.25x |
| 2024-09-30 | 25.55x |
| 2024-06-30 | 36.26x |
| 2024-03-31 | 40.53x |
| 2023-12-31 | 33.17x |
| 2023-09-30 | 40.15x |
| 2023-06-30 | 52.71x |
| 2023-03-31 | 47.12x |
| 2022-12-31 | 29.34x |
| 2022-09-30 | 35.16x |
| 2022-06-30 | 50.48x |
| 2022-03-31 | 45.90x |
| 2021-12-31 | 36.13x |
| 2021-09-30 | 35.10x |
| 2021-06-30 | 29.32x |
| 2021-03-31 | 24.10x |
| 2020-12-31 | 11.69x |
| 2020-09-30 | 11.15x |
| 2020-06-30 | 8.51x |
| 2020-03-31 | 14.25x |
| 2019-12-31 | 13.55x |
| 2019-09-30 | 11.77x |
| 2019-06-30 | 11.30x |
| 2019-03-31 | 11.60x |
| 2018-12-31 | 6.44x |
| 2018-09-30 | 11.42x |
| 2018-06-30 | 15.37x |
| 2018-03-31 | 12.77x |
| 2017-12-31 | 7.56x |
| 2017-09-30 | 8.46x |
| 2017-06-30 | 9.25x |
| 2017-03-31 | 10.99x |
| 2016-12-31 | 6.15x |
| 2016-09-30 | 7.20x |
| 2016-06-30 | 7.98x |
| 2016-03-31 | 5.98x |
| 2015-12-31 | 5.50x |
| 2015-09-30 | 4.80x |
| 2015-06-30 | 7.45x |
| 2015-03-31 | 8.22x |
| 2014-12-31 | 6.57x |
| 2014-09-30 | 7.27x |
| 2014-06-30 | 8.70x |
| 2014-03-31 | 7.64x |
| 2013-12-31 | 5.47x |
| 2013-09-30 | 7.55x |
| 2013-06-30 | 6.58x |
| 2013-03-31 | 9.92x |
| 2012-12-31 | 9.56x |
| 2012-09-30 | 10.38x |
| 2012-06-30 | 12.41x |
| 2012-03-31 | 12.73x |
| 2011-12-31 | 7.64x |
| 2011-09-30 | 9.34x |
| 2011-06-30 | 10.68x |
| 2011-03-31 | 10.60x |
| 2010-12-31 | 5.15x |
| 2010-09-30 | 5.77x |
| 2010-06-30 | 7.32x |
| 2010-03-31 | 5.29x |
| 2009-12-31 | 7.87x |
| 2009-09-30 | 4.67x |
| 2009-06-30 | 0.33x |
| 2009-03-31 | 2.48x |
| 2008-09-30 | 11.24x |
| 2008-06-30 | 16.58x |
| 2008-03-31 | 11.39x |
| 2004-09-30 | 11.77x |
| 2004-06-30 | 13.51x |
| 2003-06-30 | 2.72x |
