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 8.21x is 16% below its 5-year average of 9.82x, around the middle of its 5-year range (2.74x–20.15x).
As of the fiscal period ended Tuesday, June 30, 2026. 3.03% above its 12-month average of 7.97x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
8.21x
INTEREST COVERAGE RATIO AVG TTM
7.97x
INTEREST COVERAGE RATIO AVG 3Y
7.09x
INTEREST COVERAGE RATIO AVG 5Y
9.82x
INTEREST COVERAGE RATIO AVG 10Y
11.00x
INTEREST COVERAGE RATIO AVG 15Y
14.26x
INTEREST COVERAGE RATIO AVG 20Y
15.23x
CURRENT VS TTM AVG
+3.03%
CURRENT VS 3Y AVG
+15.76%
CURRENT VS 5Y AVG
-16.38%
CURRENT VS 10Y AVG
-25.41%
CURRENT VS 15Y AVG
-42.44%
CURRENT VS 20Y AVG
-46.10%
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+7.15%
vs the sector median at left
Market Cap
$237.52B
Interest Coverage Ratio
N/A
TTM Avg
135.18x
3Y Avg
98.84x
5Y Avg
70.77x
Market Cap
$223.43B
Interest Coverage Ratio
6.46x
TTM Avg
6.17x
3Y Avg
6.29x
5Y Avg
5.79x
Market Cap
$258.79B
Interest Coverage Ratio
19.90x
TTM Avg
18.24x
3Y Avg
15.40x
5Y Avg
16.70x
Market Cap
$261.26B
Interest Coverage Ratio
11.09x
TTM Avg
10.93x
3Y Avg
22.50x
5Y Avg
28.29x
Market Cap
$218.34B
Interest Coverage Ratio
-10.47x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$208.58B
Interest Coverage Ratio
16.24x
TTM Avg
15.69x
3Y Avg
17.57x
5Y Avg
17.24x
Market Cap
$196.69B
Interest Coverage Ratio
N/A
TTM Avg
43.52x
3Y Avg
43.52x
5Y Avg
43.52x
Market Cap
$191.55B
Interest Coverage Ratio
6.61x
TTM Avg
6.61x
3Y Avg
4.00x
5Y Avg
4.00x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SAP SE (SAP) | $240.18B | 8.21x | 7.97x | 7.09x | 9.82x |
| Arista Networks, Inc. (ANET)vs › | $237.52B | N/A | 135.18x | 98.84x | 70.77x |
| International Business Machines Corporation (IBM)vs › | $223.43B | 6.46x | 6.17x | 6.29x | 5.79x |
| KLA Corporation (KLAC)vs › | $258.79B | 19.90x | 18.24x | 15.40x | 16.70x |
| Texas Instruments Incorporated (TXN)vs › | $261.26B | 11.09x | 10.93x | 22.50x | 28.29x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $218.34B | -10.47x | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $208.58B | 16.24x | 15.69x | 17.57x | 17.24x |
| Shopify Inc. (SHOP)vs › | $196.69B | N/A | 43.52x | 43.52x | 43.52x |
| Marvell Technology, Inc. (MRVL)vs › | $191.55B | 6.61x | 6.61x | 4.00x | 4.00x |
| Analog Devices, Inc. (ADI)vs › | $189.93B | 9.23x | 7.77x | 10.00x | 11.10x |
Interest Coverage
8.2x
Debt/Equity
N/A
Current Ratio
1.15
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 | 8.21x |
| 2026-03-31 | 9.42x |
| 2025-12-31 | 5.06x |
| 2025-09-30 | 7.97x |
| 2025-06-30 | 9.16x |
| 2025-03-31 | 8.33x |
| 2024-12-31 | 6.61x |
| 2024-09-30 | 9.19x |
| 2024-06-30 | 5.05x |
| 2024-03-31 | 3.23x |
| 2023-12-31 | 9.98x |
| 2023-09-30 | 6.18x |
| 2023-06-30 | 3.78x |
| 2023-03-31 | 2.74x |
| 2022-12-31 | 11.29x |
| 2022-09-30 | 15.73x |
| 2022-06-30 | 15.14x |
| 2022-03-31 | 18.62x |
| 2021-12-31 | 18.29x |
| 2021-09-30 | 20.15x |
| 2021-06-30 | 12.00x |
| 2021-03-31 | 13.52x |
| 2020-12-31 | 6.23x |
| 2020-09-30 | 19.38x |
| 2020-06-30 | 13.66x |
| 2020-03-31 | 11.98x |
| 2019-12-31 | 5.56x |
| 2019-09-30 | 14.86x |
| 2019-06-30 | 7.66x |
| 2019-03-31 | -1.11x |
| 2018-12-31 | 12.71x |
| 2018-09-30 | 44.14x |
| 2018-06-30 | 13.74x |
| 2018-03-31 | 14.44x |
| 2017-12-31 | 30.04x |
| 2017-09-30 | 22.66x |
| 2017-06-30 | 14.94x |
| 2017-03-31 | 7.16x |
| 2016-12-31 | 32.41x |
| 2016-09-30 | 14.14x |
| 2016-06-30 | 20.47x |
| 2016-03-31 | 11.61x |
| 2015-12-31 | 22.37x |
| 2015-09-30 | 20.23x |
| 2015-06-30 | 14.02x |
| 2015-03-31 | 10.81x |
| 2014-12-31 | 33.71x |
| 2014-09-30 | 29.67x |
| 2014-06-30 | 23.27x |
| 2014-03-31 | 23.32x |
| 2013-12-31 | 41.91x |
| 2013-09-30 | 23.18x |
| 2013-06-30 | 20.16x |
| 2013-03-31 | 14.68x |
| 2012-12-31 | 28.43x |
| 2012-09-30 | 22.46x |
| 2012-06-30 | 23.62x |
| 2012-03-31 | 15.78x |
| 2011-12-31 | -23.83x |
| 2011-09-30 | 56.74x |
| 2011-06-30 | -5.16x |
| 2011-03-31 | 13.88x |
| 2010-12-31 | 7.45x |
| 2010-09-30 | 9.42x |
| 2010-06-30 | 33.65x |
| 2010-03-31 | 46.42x |
| 2009-12-31 | 62.63x |
| 2009-09-30 | 23.81x |
| 2009-06-30 | 20.68x |
| 2009-03-31 | 12.79x |
| 2008-09-30 | 32.32x |
| 2008-03-31 | 11.61x |