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 21.86x is 12% below its 5-year average of 24.88x, near the low end of its 5-year range (19.46x–28.50x).
As of the fiscal period ended Sunday, June 28, 2026. 9.11% below its 12-month average of 24.05x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
21.86x
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
-9.11%
CURRENT VS 3Y AVG
-15.41%
CURRENT VS 5Y AVG
-14.84%
CURRENT VS 10Y AVG
+3.21%
CURRENT VS 15Y AVG
+15.53%
CURRENT VS 20Y AVG
+30.47%
SECTOR MEDIAN · INDUSTRIALS
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
+172.08%
vs the sector median at left
Snap-on Incorporated
Market Cap
$21.49B
Interest Coverage Ratio
21.86x
TTM Avg
24.05x
3Y Avg
25.85x
5Y Avg
25.67x
Market Cap
$21.38B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$22.10B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$22.26B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
Market Cap
$23.44B
Interest Coverage Ratio
N/A
TTM Avg
137.10x
3Y Avg
2303.50x
5Y Avg
2303.50x
Market Cap
$23.71B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$23.98B
Interest Coverage Ratio
13.30x
TTM Avg
12.00x
3Y Avg
20.66x
5Y Avg
20.66x
Market Cap
$17.93B
Interest Coverage Ratio
25.54x
TTM Avg
24.64x
3Y Avg
66.73x
5Y Avg
148.68x
Market Cap
$17.91B
Interest Coverage Ratio
8.45x
TTM Avg
7.32x
3Y Avg
5.70x
5Y Avg
17.64x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snap-on Incorporated (SNA) | $21.49B | 21.86x | 24.05x | 25.85x | 25.67x |
| Equifax Inc. (EFX)vs › | $21.38B | 5.16x | 4.86x | 4.84x | 5.33x |
| Southwest Airlines Co. (LUV)vs › | $22.10B | 3.79x | 2.65x | 2.41x | 2.72x |
| MasTec, Inc. (MTZ)vs › | $22.26B | 3.77x | 3.01x | 1.95x | 3.12x |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.44B | N/A | 137.10x | 2303.50x | 2303.50x |
| XPO Logistics, Inc. (XPO)vs › | $23.71B | 3.33x | 3.15x | 2.92x | 2.25x |
| Veralto Corporation (VLTO)vs › | $23.98B | 13.30x | 12.00x | 20.66x | 20.66x |
| Rollins, Inc. (ROL)vs › | $17.93B | 25.54x | 24.64x | 66.73x | 148.68x |
| RBC Bearings Incorporated (RBC)vs › | $17.91B | 8.45x | 7.32x | 5.70x | 17.64x |
| Symbotic Inc. (SYM)vs › | $25.13B | N/A | N/A | N/A | N/A |
Interest Coverage
21.9x
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 |
