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 18.15x is 85% above its 5-year average of 9.84x, near the high end of its 5-year range (-11.50x–20.98x).
0.10% below its 12-month average of 18.17x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2027 (2026-06-30): 18.09x.
INTEREST COVERAGE RATIO
18.15x
INTEREST COVERAGE RATIO AVG TTM
18.17x
INTEREST COVERAGE RATIO AVG 3Y
12.11x
INTEREST COVERAGE RATIO AVG 5Y
9.84x
INTEREST COVERAGE RATIO AVG 10Y
9.94x
INTEREST COVERAGE RATIO AVG 15Y
10.79x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.10%
CURRENT VS 3Y AVG
+49.82%
CURRENT VS 5Y AVG
+84.53%
CURRENT VS 10Y AVG
+82.66%
CURRENT VS 15Y AVG
+68.20%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+163.62%
vs the sector median at left
STERIS plc
Market Cap
$20.36B
Interest Coverage Ratio
18.15x
TTM Avg
18.17x
3Y Avg
12.11x
5Y Avg
9.84x
Market Cap
$20.18B
Interest Coverage Ratio
77.81x
TTM Avg
54.95x
3Y Avg
40.03x
5Y Avg
35.88x
Market Cap
$20.76B
Interest Coverage Ratio
-5.65x
TTM Avg
0.68x
3Y Avg
1.36x
5Y Avg
1.37x
Market Cap
$17.61B
Interest Coverage Ratio
4.65x
TTM Avg
5.28x
3Y Avg
5.28x
5Y Avg
4.27x
Market Cap
$17.27B
Interest Coverage Ratio
N/A
TTM Avg
393.08x
3Y Avg
892.58x
5Y Avg
554.26x
Market Cap
$16.86B
Interest Coverage Ratio
3.87x
TTM Avg
4.06x
3Y Avg
4.92x
5Y Avg
8.88x
Market Cap
$24.75B
Interest Coverage Ratio
-45.74x
TTM Avg
444.02x
3Y Avg
1201.03x
5Y Avg
1201.03x
Market Cap
$25.11B
Interest Coverage Ratio
553.04x
TTM Avg
298.73x
3Y Avg
269.07x
5Y Avg
276.66x
Market Cap
$15.50B
Interest Coverage Ratio
6.29x
TTM Avg
4.55x
3Y Avg
4.55x
5Y Avg
4.55x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| STERIS plc (STE) | $20.36B | 18.15x | 18.17x | 12.11x | 9.84x |
| United Therapeutics Corporation (UTHR)vs › | $20.18B | 77.81x | 54.95x | 40.03x | 35.88x |
| Viatris Inc. (VTRS)vs › | $20.76B | -5.65x | 0.68x | 1.36x | 1.37x |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $17.61B | 4.65x | 5.28x | 5.28x | 4.27x |
| Medpace Holdings, Inc. (MEDP)vs › | $17.27B | N/A | 393.08x | 892.58x | 554.26x |
| Revvity, Inc. (RVTY)vs › | $16.86B | 3.87x | 4.06x | 4.92x | 8.88x |
| BioNTech SE (BNTX)vs › | $24.75B | -45.74x | 444.02x | 1201.03x | 1201.03x |
| Incyte Corporation (INCY)vs › | $25.11B | 553.04x | 298.73x | 269.07x | 276.66x |
| Solventum Corporation (SOLV)vs › | $15.50B | 6.29x | 4.55x | 4.55x | 4.55x |
| Labcorp Holdings Inc. (LH)vs › | $25.39B | 6.77x | 5.99x | 5.91x | 8.30x |
Interest Coverage
18.1x
Debt/Equity
0.28
Current Ratio
1.91
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 | 18.09x |
| 2026-03-31 | 20.98x |
| 2025-12-31 | 18.31x |
| 2025-09-30 | 17.99x |
| 2025-06-30 | 15.47x |
| 2025-03-31 | 12.63x |
| 2024-12-31 | 12.85x |
| 2024-09-30 | 11.17x |
| 2024-06-30 | 6.10x |
| 2024-03-31 | 6.79x |
| 2023-12-31 | 5.81x |
| 2023-09-30 | 5.19x |
| 2023-06-30 | 6.11x |
| 2023-03-31 | 7.44x |
| 2022-12-31 | 6.26x |
| 2022-09-30 | -11.50x |
| 2022-06-30 | 6.76x |
| 2022-03-31 | 4.22x |
| 2021-12-31 | 8.83x |
| 2021-09-30 | 5.06x |
| 2021-06-30 | 0.66x |
| 2021-03-31 | 14.43x |
| 2020-12-31 | 16.52x |
| 2020-09-30 | 16.30x |
| 2020-06-30 | 12.20x |
| 2020-03-31 | 16.18x |
| 2019-12-31 | 14.51x |
| 2019-09-30 | 12.13x |
| 2019-06-30 | 10.31x |
| 2019-03-31 | 12.81x |
| 2018-12-31 | 5.88x |
| 2018-09-30 | 9.35x |
| 2018-06-30 | 8.04x |
| 2018-03-31 | 8.73x |
| 2017-12-31 | 8.29x |
| 2017-09-30 | 7.77x |
| 2017-06-30 | 6.85x |
| 2017-03-31 | 5.08x |
| 2016-12-31 | 2.36x |
| 2016-09-30 | 6.37x |
| 2016-06-30 | 6.64x |
| 2016-03-31 | 8.72x |
| 2015-12-31 | 2.64x |
| 2015-09-30 | 3.03x |
| 2015-06-30 | 7.22x |
| 2015-03-31 | 14.42x |
| 2014-12-31 | 12.72x |
| 2014-09-30 | 10.80x |
| 2014-06-30 | 9.43x |
| 2014-03-31 | 14.05x |
| 2013-12-31 | 11.96x |
| 2013-09-30 | 10.33x |
| 2013-06-30 | 8.22x |
| 2013-03-31 | 12.66x |
| 2012-12-31 | 15.96x |
| 2012-09-30 | 18.28x |
| 2012-06-30 | 16.25x |
| 2012-03-31 | 24.83x |
| 2011-12-31 | 17.88x |
| 2011-09-30 | 15.46x |
| 2011-06-30 | 15.11x |
| 2011-03-31 | 19.50x |
| 2010-12-31 | 11.75x |
| 2010-09-30 | 18.33x |
| 2010-06-30 | -20.95x |
| 2010-03-31 | 14.01x |
| 2009-12-31 | 18.06x |
| 2009-09-30 | 16.00x |
| 2009-06-30 | 13.90x |
| 2008-12-31 | 14.26x |
| 2008-09-30 | 18.65x |
| 2008-06-30 | 19.84x |
