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 5.07x is 20% above its 5-year average of 4.22x, near the high end of its 5-year range (-3.57x–7.02x).
14.28% below its 12-month average of 5.91x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 6.57x.
INTEREST COVERAGE RATIO
5.07x
INTEREST COVERAGE RATIO AVG TTM
5.91x
INTEREST COVERAGE RATIO AVG 3Y
4.83x
INTEREST COVERAGE RATIO AVG 5Y
4.22x
INTEREST COVERAGE RATIO AVG 10Y
4.88x
INTEREST COVERAGE RATIO AVG 15Y
6.30x
INTEREST COVERAGE RATIO AVG 20Y
7.03x
CURRENT VS TTM AVG
-14.28%
CURRENT VS 3Y AVG
+4.98%
CURRENT VS 5Y AVG
+20.26%
CURRENT VS 10Y AVG
+3.97%
CURRENT VS 15Y AVG
-19.58%
CURRENT VS 20Y AVG
-27.86%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-35.41%
vs the sector median at left
RTX Corporation
Market Cap
$263.57B
Interest Coverage Ratio
5.07x
TTM Avg
5.91x
3Y Avg
4.83x
5Y Avg
4.22x
Market Cap
$229.76B
Interest Coverage Ratio
5.54x
TTM Avg
5.42x
3Y Avg
7.07x
5Y Avg
7.27x
Market Cap
$319.93B
Interest Coverage Ratio
10.40x
TTM Avg
8.63x
3Y Avg
6.13x
5Y Avg
4.21x
Market Cap
$184.55B
Interest Coverage Ratio
2.65x
TTM Avg
2.65x
3Y Avg
4.00x
5Y Avg
5.65x
Market Cap
$179.01B
Interest Coverage Ratio
12.65x
TTM Avg
13.00x
3Y Avg
18.46x
5Y Avg
20.74x
Market Cap
$170.19B
Interest Coverage Ratio
70.31x
TTM Avg
60.77x
3Y Avg
41.23x
5Y Avg
35.03x
Market Cap
$169.13B
Interest Coverage Ratio
7.52x
TTM Avg
7.58x
3Y Avg
7.44x
5Y Avg
7.45x
Market Cap
$360.11B
Interest Coverage Ratio
10.88x
TTM Avg
18.21x
3Y Avg
19.91x
5Y Avg
17.12x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTX Corporation (RTX) | $263.57B | 5.07x | 5.91x | 4.83x | 4.22x |
| GE Vernova Inc. (GEV)vs › | $234.58B | N/A | N/A | N/A | N/A |
| Siemens AG (SIEGY)vs › | $229.76B | 5.54x | 5.42x | 7.07x | 7.27x |
| GE Aerospace (GE)vs › | $319.93B | 10.40x | 8.63x | 6.13x | 4.21x |
| Deere & Company (DE)vs › | $184.55B | 2.65x | 2.65x | 4.00x | 5.65x |
| Schneider Electric S.E. (SBGSY)vs › | $179.01B | 12.65x | 13.00x | 18.46x | 20.74x |
| ABB Ltd (ABBNY)vs › | $170.19B | 70.31x | 60.77x | 41.23x | 35.03x |
| Union Pacific Corporation (UNP)vs › | $169.13B | 7.52x | 7.58x | 7.44x | 7.45x |
| Caterpillar Inc. (CAT)vs › | $360.11B | 10.88x | 18.21x | 19.91x | 17.12x |
| The Boeing Company (BA)vs › | $165.46B | -1.95x | 26.98x | 25.59x | 23.64x |
Interest Coverage
5.1x
Debt/Equity
0.59
Current Ratio
1.01
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 | 6.57x |
| 2026-03-31 | 6.29x |
| 2025-12-31 | 7.02x |
| 2025-09-30 | 5.22x |
| 2025-06-30 | 4.47x |
| 2025-03-31 | 4.05x |
| 2024-12-31 | 4.11x |
| 2024-09-30 | 3.70x |
| 2024-06-30 | 1.08x |
| 2024-03-31 | 4.45x |
| 2023-12-31 | 3.23x |
| 2023-09-30 | -3.57x |
| 2023-06-30 | 4.01x |
| 2023-03-31 | 4.98x |
| 2022-12-31 | 4.52x |
| 2022-09-30 | 4.66x |
| 2022-06-30 | 4.23x |
| 2022-03-31 | 3.35x |
| 2021-12-31 | 4.58x |
| 2021-09-30 | 4.00x |
| 2021-06-30 | 3.88x |
| 2021-03-31 | 2.96x |
| 2020-12-31 | 0.39x |
| 2020-09-30 | 1.22x |
| 2020-06-30 | -10.87x |
| 2020-03-31 | 3.82x |
| 2019-12-31 | 4.11x |
| 2019-09-30 | 3.37x |
| 2019-06-30 | 3.30x |
| 2019-03-31 | 4.54x |
| 2018-12-31 | 4.93x |
| 2018-09-30 | 5.69x |
| 2018-06-30 | 11.15x |
| 2018-03-31 | 7.53x |
| 2017-12-31 | 7.18x |
| 2017-09-30 | 7.88x |
| 2017-06-30 | 8.62x |
| 2017-03-31 | 9.08x |
| 2016-12-31 | 3.90x |
| 2016-09-30 | 8.93x |
| 2016-06-30 | 9.42x |
| 2016-03-31 | 8.07x |
| 2015-12-31 | 1.65x |
| 2015-09-30 | 10.32x |
| 2015-06-30 | 9.86x |
| 2015-03-31 | 9.13x |
| 2014-12-31 | 6.85x |
| 2014-09-30 | 11.11x |
| 2014-06-30 | 9.61x |
| 2014-03-31 | 8.63x |
| 2013-12-31 | 9.00x |
| 2013-09-30 | 9.54x |
| 2013-06-30 | 9.22x |
| 2013-03-31 | 7.87x |
| 2012-12-31 | 9.33x |
| 2012-09-30 | 7.85x |
| 2012-06-30 | 11.47x |
| 2012-03-31 | 10.45x |
| 2011-12-31 | 10.78x |
| 2011-09-30 | 11.57x |
| 2011-06-30 | 13.11x |
| 2011-03-31 | 9.64x |
| 2010-12-31 | 9.34x |
| 2010-09-30 | 10.59x |
| 2010-06-30 | 12.63x |
| 2010-03-31 | 8.19x |
| 2009-12-31 | 9.87x |
| 2009-09-30 | 10.42x |
| 2009-06-30 | 9.25x |
| 2009-03-31 | 7.14x |
| 2008-12-31 | 10.54x |
| 2008-09-30 | 11.58x |
| 2008-06-30 | 11.93x |
| 2008-03-31 | 10.15x |
| 2007-09-30 | 10.55x |