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 5.79x is in line with its 5-year average of 5.97x, near the low end of its 5-year range (5.13x–8.08x).
0.17% above its 12-month average of 5.78x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 5.97x.
INTEREST COVERAGE RATIO
5.79x
INTEREST COVERAGE RATIO AVG TTM
5.78x
INTEREST COVERAGE RATIO AVG 3Y
5.80x
INTEREST COVERAGE RATIO AVG 5Y
5.97x
INTEREST COVERAGE RATIO AVG 10Y
5.44x
INTEREST COVERAGE RATIO AVG 15Y
4.85x
INTEREST COVERAGE RATIO AVG 20Y
4.66x
CURRENT VS TTM AVG
+0.17%
CURRENT VS 3Y AVG
-0.23%
CURRENT VS 5Y AVG
-3.01%
CURRENT VS 10Y AVG
+6.38%
CURRENT VS 15Y AVG
+19.30%
CURRENT VS 20Y AVG
+24.23%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-26.24%
vs the sector median at left
Republic Services, Inc.
Market Cap
$65.51B
Interest Coverage Ratio
5.79x
TTM Avg
5.78x
3Y Avg
5.80x
5Y Avg
5.97x
Market Cap
$64.98B
Interest Coverage Ratio
5.55x
TTM Avg
5.72x
3Y Avg
6.19x
5Y Avg
5.49x
Market Cap
$67.04B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$68.53B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
Market Cap
$62.04B
Interest Coverage Ratio
2.65x
TTM Avg
2.64x
3Y Avg
2.43x
5Y Avg
2.15x
Market Cap
$70.32B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$71.46B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
Market Cap
$59.29B
Interest Coverage Ratio
33.22x
TTM Avg
33.73x
3Y Avg
29.72x
5Y Avg
24.60x
Market Cap
$71.86B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Republic Services, Inc. (RSG) | $65.51B | 5.79x | 5.78x | 5.80x | 5.97x |
| United Rentals, Inc. (URI)vs › | $64.98B | 5.55x | 5.72x | 6.19x | 5.49x |
| Honeywell International Inc. (HON)vs › | $67.04B | 4.89x | 5.63x | 8.73x | 11.48x |
| FedEx Corporation (FDX)vs › | $68.53B | 12.43x | 10.07x | 9.09x | 8.90x |
| TransDigm Group Incorporated (TDG)vs › | $62.04B | 2.65x | 2.64x | 2.43x | 2.15x |
| Norfolk Southern Corporation (NSC)vs › | $70.32B | 5.06x | 4.86x | 5.11x | 5.44x |
| Cummins Inc. (CMI)vs › | $71.46B | 11.75x | 10.95x | 10.33x | 14.73x |
| W.W. Grainger, Inc. (GWW)vs › | $59.29B | 33.22x | 33.73x | 29.72x | 24.60x |
| Northrop Grumman Corporation (NOC)vs › | $71.86B | 6.44x | 6.74x | 6.32x | 7.04x |
| PACCAR Inc (PCAR)vs › | $58.77B | 8.55x | 82.93x | 443.94x | 473.70x |
Interest Coverage
5.8x
Debt/Equity
1.19
Current Ratio
0.64
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 | 5.97x |
| 2026-03-31 | 5.54x |
| 2025-12-31 | 5.53x |
| 2025-09-30 | 5.87x |
| 2025-06-30 | 6.00x |
| 2025-03-31 | 5.76x |
| 2024-12-31 | 6.07x |
| 2024-09-30 | 6.27x |
| 2024-06-30 | 6.38x |
| 2024-03-31 | 5.30x |
| 2023-12-31 | 5.27x |
| 2023-09-30 | 5.68x |
| 2023-06-30 | 5.81x |
| 2023-03-31 | 5.13x |
| 2022-12-31 | 5.70x |
| 2022-09-30 | 6.31x |
| 2022-06-30 | 6.27x |
| 2022-03-31 | 6.79x |
| 2021-12-31 | 8.08x |
| 2021-09-30 | 7.21x |
| 2021-06-30 | 6.54x |
| 2021-03-31 | 6.23x |
| 2020-12-31 | 6.81x |
| 2020-09-30 | 5.42x |
| 2020-06-30 | 4.54x |
| 2020-03-31 | 5.11x |
| 2019-12-31 | 5.02x |
| 2019-09-30 | 4.57x |
| 2019-06-30 | 4.45x |
| 2019-03-31 | 4.24x |
| 2018-12-31 | 5.13x |
| 2018-09-30 | 4.60x |
| 2018-06-30 | 4.27x |
| 2018-03-31 | 4.37x |
| 2017-12-31 | 4.35x |
| 2017-09-30 | 4.83x |
| 2017-06-30 | 4.76x |
| 2017-03-31 | 4.28x |
| 2016-12-31 | 3.73x |
| 2016-09-30 | 4.81x |
| 2016-06-30 | 4.14x |
| 2016-03-31 | 3.73x |
| 2015-12-31 | 3.81x |
| 2015-09-30 | 4.82x |
| 2015-06-30 | 4.25x |
| 2015-03-31 | 4.21x |
| 2014-12-31 | 1.89x |
| 2014-09-30 | 4.40x |
| 2014-06-30 | 4.35x |
| 2014-03-31 | 3.52x |
| 2013-12-31 | 4.46x |
| 2013-09-30 | 3.91x |
| 2013-06-30 | 2.01x |
| 2013-03-31 | 3.06x |
| 2012-12-31 | 3.13x |
| 2012-09-30 | 3.41x |
| 2012-06-30 | 3.92x |
| 2012-03-31 | 3.13x |
| 2011-12-31 | 3.50x |
| 2011-09-30 | 3.77x |
| 2011-06-30 | 3.60x |
| 2011-03-31 | 3.25x |
| 2010-12-31 | 3.23x |
| 2010-09-30 | 3.01x |
| 2010-06-30 | 3.07x |
| 2010-03-31 | 2.83x |
| 2009-12-31 | 2.24x |
| 2009-09-30 | 2.67x |
| 2009-06-30 | 3.46x |
| 2009-03-31 | 2.30x |
| 2008-09-30 | 7.39x |
| 2008-06-30 | 4.06x |
| 2008-03-31 | 6.64x |
