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 22.57x is in line with its 5-year average of 20.87x, around the middle of its 5-year range (8.33x–36.16x).
3.90% below its 12-month average of 23.49x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
22.57x
INTEREST COVERAGE RATIO AVG TTM
23.49x
INTEREST COVERAGE RATIO AVG 3Y
20.21x
INTEREST COVERAGE RATIO AVG 5Y
20.87x
INTEREST COVERAGE RATIO AVG 10Y
21.24x
INTEREST COVERAGE RATIO AVG 15Y
21.31x
INTEREST COVERAGE RATIO AVG 20Y
21.36x
CURRENT VS TTM AVG
-3.90%
CURRENT VS 3Y AVG
+11.68%
CURRENT VS 5Y AVG
+8.12%
CURRENT VS 10Y AVG
+6.28%
CURRENT VS 15Y AVG
+5.94%
CURRENT VS 20Y AVG
+5.68%
SECTOR MEDIAN · FINANCIAL SERVICES
5.24x
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+330.73%
vs the sector median at left
S&P Global Inc.
Market Cap
$126.56B
Interest Coverage Ratio
22.57x
TTM Avg
23.49x
3Y Avg
20.21x
5Y Avg
20.87x
Market Cap
$124.94B
Interest Coverage Ratio
51.16x
TTM Avg
44.78x
3Y Avg
27.91x
5Y Avg
27.33x
Market Cap
$129.88B
Interest Coverage Ratio
17.07x
TTM Avg
16.27x
3Y Avg
14.52x
5Y Avg
14.34x
Market Cap
$129.99B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$131.26B
Interest Coverage Ratio
0.14x
TTM Avg
0.27x
3Y Avg
0.82x
5Y Avg
2.36x
Market Cap
$111.78B
Interest Coverage Ratio
0.34x
TTM Avg
0.31x
3Y Avg
0.46x
5Y Avg
4.38x
Market Cap
$105.50B
Interest Coverage Ratio
N/A
TTM Avg
43.92x
3Y Avg
43.92x
5Y Avg
43.92x
Market Cap
$100.05B
Interest Coverage Ratio
32.61x
TTM Avg
28.52x
3Y Avg
24.28x
5Y Avg
21.48x
Market Cap
$98.48B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| S&P Global Inc. (SPGI) | $126.56B | 22.57x | 23.49x | 20.21x | 20.87x |
| The Progressive Corporation (PGR)vs › | $124.94B | 51.16x | 44.78x | 27.91x | 27.33x |
| Chubb Limited (CB)vs › | $129.88B | 17.07x | 16.27x | 14.52x | 14.34x |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.99B | N/A | N/A | N/A | N/A |
| Capital One Financial Corporation (COF)vs › | $131.26B | 0.14x | 0.27x | 0.82x | 2.36x |
| Bank of New York Mellon Corp (BNY)vs › | $111.78B | 0.34x | 0.31x | 0.46x | 4.38x |
| Robinhood Markets, Inc. (HOOD)vs › | $105.50B | N/A | 43.92x | 43.92x | 43.92x |
| CME Group Inc. (CME)vs › | $100.05B | 32.61x | 28.52x | 24.28x | 21.48x |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $98.48B | N/A | N/A | N/A | N/A |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $97.52B | N/A | N/A | N/A | N/A |
Interest Coverage
22.6x
Debt/Equity
0.50
Current Ratio
0.95
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 | 24.23x |
| 2026-03-31 | 20.85x |
| 2025-12-31 | 31.00x |
| 2025-09-30 | 21.20x |
| 2025-06-30 | 20.14x |
| 2025-03-31 | 20.23x |
| 2024-12-31 | 18.70x |
| 2024-09-30 | 19.92x |
| 2024-06-30 | 18.86x |
| 2024-03-31 | 17.76x |
| 2023-12-31 | 11.71x |
| 2023-09-30 | 12.79x |
| 2023-06-30 | 10.35x |
| 2023-03-31 | 13.46x |
| 2022-12-31 | 8.33x |
| 2022-09-30 | 12.01x |
| 2022-06-30 | 16.47x |
| 2022-03-31 | 33.19x |
| 2021-12-31 | 36.16x |
| 2021-09-30 | 34.94x |
| 2021-06-30 | 36.06x |
| 2021-03-31 | 33.78x |
| 2020-12-31 | 20.53x |
| 2020-09-30 | 26.97x |
| 2020-06-30 | 27.63x |
| 2020-03-31 | 26.82x |
| 2019-12-31 | 8.80x |
| 2019-09-30 | 27.84x |
| 2019-06-30 | 21.97x |
| 2019-03-31 | 19.58x |
| 2018-12-31 | 19.56x |
| 2018-09-30 | 18.53x |
| 2018-06-30 | 25.85x |
| 2018-03-31 | 20.91x |
| 2017-12-31 | 16.10x |
| 2017-09-30 | 17.54x |
| 2017-06-30 | 18.05x |
| 2017-03-31 | 17.27x |
| 2016-12-31 | 14.53x |
| 2016-09-30 | 34.56x |
| 2016-06-30 | 15.50x |
| 2016-03-31 | 12.80x |
| 2015-12-31 | 10.60x |
| 2015-09-30 | 13.67x |
| 2015-06-30 | 36.38x |
| 2015-03-31 | 31.31x |
| 2014-12-31 | -60.42x |
| 2014-09-30 | 30.50x |
| 2014-06-30 | 34.00x |
| 2014-03-31 | 30.00x |
| 2013-12-31 | 20.29x |
| 2013-09-30 | 28.21x |
| 2013-06-30 | 27.25x |
| 2013-03-31 | 18.53x |
| 2012-12-31 | 5.39x |
| 2012-09-30 | 13.75x |
| 2012-06-30 | 15.40x |
| 2012-03-31 | 13.43x |
| 2011-12-31 | 17.79x |
| 2011-09-30 | 33.54x |
| 2011-06-30 | 14.79x |
| 2011-03-31 | 11.31x |
| 2010-12-31 | 14.58x |
| 2010-09-30 | 32.61x |
| 2010-06-30 | 15.66x |
| 2010-03-31 | 8.63x |
| 2009-12-31 | 13.99x |
| 2009-09-30 | 31.19x |
| 2009-06-30 | 16.02x |
| 2009-03-31 | 6.04x |
| 2008-12-31 | 13.01x |
| 2008-09-30 | 29.37x |
| 2008-06-30 | 17.69x |
| 2008-03-31 | 8.47x |
| 2007-12-31 | 19.98x |
| 2007-09-30 | 47.89x |
| 2007-06-30 | 37.64x |
| 2006-12-31 | 4659.26x |
| 2006-09-30 | 82.00x |
| 2006-06-30 | 42.13x |
| 2005-12-31 | 85.15x |
| 2005-06-30 | 89.40x |
| 2005-03-31 | 180.05x |
| 2004-12-31 | 15083.30x |
| 2004-09-30 | 276.87x |
| 2004-06-30 | 122.66x |
| 2004-03-31 | 39.18x |
| 2002-09-30 | 68.14x |