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 25.43x is in line with its 5-year average of 25.67x, around the middle of its 5-year range (19.46x–28.50x).
5.72% above its 12-month average of 24.05x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-28): 21.86x.
INTEREST COVERAGE RATIO
25.43x
INTEREST COVERAGE RATIO AVG TTM
24.05x
INTEREST COVERAGE RATIO AVG 3Y
25.85x
INTEREST COVERAGE RATIO AVG 5Y
25.67x
INTEREST COVERAGE RATIO AVG 10Y
21.18x
INTEREST COVERAGE RATIO AVG 15Y
18.92x
INTEREST COVERAGE RATIO AVG 20Y
16.76x
CURRENT VS TTM AVG
+5.72%
CURRENT VS 3Y AVG
-1.61%
CURRENT VS 5Y AVG
-0.95%
CURRENT VS 10Y AVG
+20.05%
CURRENT VS 15Y AVG
+34.38%
CURRENT VS 20Y AVG
+51.76%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+223.95%
vs the sector median at left
Snap-on Incorporated
Market Cap
$19.02B
Interest Coverage Ratio
25.43x
TTM Avg
24.05x
3Y Avg
25.85x
5Y Avg
25.67x
Market Cap
$18.01B
Interest Coverage Ratio
7.16x
TTM Avg
7.37x
3Y Avg
14.35x
5Y Avg
15.40x
Market Cap
$20.10B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
Market Cap
$20.33B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$17.61B
Interest Coverage Ratio
3.19x
TTM Avg
3.27x
3Y Avg
3.76x
5Y Avg
3.26x
Market Cap
$17.48B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$20.62B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$17.23B
Interest Coverage Ratio
12.60x
TTM Avg
10.02x
3Y Avg
9.40x
5Y Avg
11.78x
Market Cap
$17.02B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snap-on Incorporated (SNA) | $19.02B | 25.43x | 24.05x | 25.85x | 25.67x |
| Nordson Corporation (NDSN)vs › | $18.01B | 7.16x | 7.37x | 14.35x | 15.40x |
| Curtiss-Wright Corporation (CW)vs › | $20.10B | 14.79x | 13.29x | 11.25x | 10.42x |
| Southwest Airlines Co. (LUV)vs › | $20.33B | 3.79x | 2.65x | 2.41x | 2.72x |
| WESCO International, Inc. (WCC)vs › | $17.61B | 3.19x | 3.27x | 3.76x | 3.26x |
| Equifax Inc. (EFX)vs › | $17.48B | 5.16x | 4.86x | 4.84x | 5.33x |
| XPO Logistics, Inc. (XPO)vs › | $20.62B | 3.33x | 3.15x | 2.92x | 2.25x |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $17.23B | 12.60x | 10.02x | 9.40x | 11.78x |
| MasTec, Inc. (MTZ)vs › | $17.02B | 3.77x | 3.01x | 1.95x | 3.12x |
| IDEX Corporation (IEX)vs › | $16.84B | 11.18x | 13.42x | 15.19x | 14.78x |
Interest Coverage
25.4x
Debt/Equity
0.21
Current Ratio
3.43
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 |
|---|---|
| 2026-06-28 | 21.86x |
| 2026-04-04 | 20.23x |
| 2026-01-03 | 24.43x |
| 2025-09-27 | 27.14x |
| 2025-06-28 | 26.61x |
| 2025-03-29 | 25.27x |
| 2024-12-28 | 26.98x |
| 2024-09-28 | 25.93x |
| 2024-06-29 | 28.50x |
| 2024-03-30 | 27.14x |
| 2023-12-31 | 25.26x |
| 2023-09-30 | 24.58x |
| 2023-07-01 | 26.45x |
| 2023-04-01 | 25.48x |
| 2022-12-31 | 25.99x |
| 2022-10-01 | 23.76x |
| 2022-07-02 | 25.78x |
| 2022-04-02 | 24.46x |
| 2021-12-31 | 26.50x |
| 2021-10-02 | 20.60x |
| 2021-07-03 | 19.46x |
| 2021-04-03 | 18.62x |
| 2020-12-31 | 18.08x |
| 2020-09-26 | 17.70x |
| 2020-06-27 | 11.07x |
| 2020-03-28 | 17.18x |
| 2019-12-31 | 18.69x |
| 2019-09-28 | 19.06x |
| 2019-06-29 | 20.20x |
| 2019-03-30 | 19.96x |
| 2018-12-31 | 18.76x |
| 2018-09-29 | 18.16x |
| 2018-06-30 | 20.40x |
| 2018-03-31 | 16.64x |
| 2017-12-31 | 14.43x |
| 2017-09-30 | 14.59x |
| 2017-07-01 | 16.90x |
| 2017-04-01 | 16.26x |
| 2016-12-31 | 17.38x |
| 2016-10-01 | 15.31x |
| 2016-07-02 | 16.74x |
| 2016-04-02 | 15.45x |
| 2015-12-31 | 15.95x |
| 2015-10-03 | 14.39x |
| 2015-07-04 | 14.90x |
| 2015-04-04 | 13.71x |
| 2014-12-31 | 13.58x |
| 2014-09-27 | 13.25x |
| 2014-06-28 | 13.61x |
| 2014-03-29 | 11.39x |
| 2013-12-31 | 10.95x |
| 2013-09-28 | 9.92x |
| 2013-06-29 | -10.75x |
| 2013-03-30 | -10.17x |
| 2012-09-29 | -9.13x |
| 2012-06-30 | -9.37x |
| 2012-03-31 | -8.73x |
| 2011-12-31 | 9.33x |
| 2011-10-01 | 7.62x |
| 2011-07-02 | 8.24x |
| 2011-04-02 | 6.12x |
| 2010-12-31 | 6.87x |
| 2010-10-02 | 6.21x |
| 2010-07-03 | 6.11x |
| 2010-04-03 | 5.00x |
| 2009-12-31 | 4.59x |
| 2009-10-03 | 3.80x |
| 2009-07-04 | 6.06x |
| 2009-04-04 | 7.48x |
| 2008-12-31 | 11.21x |
| 2008-09-27 | 12.71x |
| 2008-06-28 | 12.69x |
| 2008-03-29 | 9.81x |