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 0.43x is in line with its 4-year average of 0.46x, near the high end of its 4-year range (-730.00x–62.83x).
16.92% below its 12-month average of 0.52x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 0.70x.
INTEREST COVERAGE RATIO
0.43x
INTEREST COVERAGE RATIO AVG TTM
0.52x
INTEREST COVERAGE RATIO AVG 3Y
0.42x
INTEREST COVERAGE RATIO AVG 5Y
0.46x
INTEREST COVERAGE RATIO AVG 10Y
2.45x
INTEREST COVERAGE RATIO AVG 15Y
3.65x
INTEREST COVERAGE RATIO AVG 20Y
3.18x
CURRENT VS TTM AVG
-16.92%
CURRENT VS 3Y AVG
+1.73%
CURRENT VS 5Y AVG
-6.74%
CURRENT VS 10Y AVG
-82.42%
CURRENT VS 15Y AVG
-88.22%
CURRENT VS 20Y AVG
-86.48%
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
-91.78%
vs the sector median at left
State Street Corporation
Market Cap
$50.62B
Interest Coverage Ratio
0.43x
TTM Avg
0.52x
3Y Avg
0.42x
5Y Avg
0.46x
Market Cap
$49.61B
Interest Coverage Ratio
26.49x
TTM Avg
26.49x
3Y Avg
26.49x
5Y Avg
26.49x
Market Cap
$48.62B
Interest Coverage Ratio
14.82x
TTM Avg
14.39x
3Y Avg
15.15x
5Y Avg
15.34x
Market Cap
$47.50B
Interest Coverage Ratio
0.82x
TTM Avg
0.71x
3Y Avg
1.34x
5Y Avg
2.60x
Market Cap
$45.09B
Interest Coverage Ratio
13.75x
TTM Avg
13.84x
3Y Avg
13.70x
5Y Avg
14.82x
Market Cap
$43.40B
Interest Coverage Ratio
16.81x
TTM Avg
22.71x
3Y Avg
22.71x
5Y Avg
50.31x
Market Cap
$43.31B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$59.45B
Interest Coverage Ratio
21.10x
TTM Avg
26.84x
3Y Avg
25.55x
5Y Avg
23.54x
Market Cap
$60.35B
Interest Coverage Ratio
0.63x
TTM Avg
0.63x
3Y Avg
1.83x
5Y Avg
4.31x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| State Street Corporation (STT) | $50.62B | 0.43x | 0.52x | 0.42x | 0.46x |
| Nasdaq, Inc. (NDAQ)vs › | $49.61B | 26.49x | 26.49x | 26.49x | 26.49x |
| Ameriprise Financial, Inc. (AMP)vs › | $48.62B | 14.82x | 14.39x | 15.15x | 15.34x |
| Fifth Third Bancorp (FITB)vs › | $47.50B | 0.82x | 0.71x | 1.34x | 2.60x |
| PayPal Holdings, Inc. (PYPL)vs › | $45.09B | 13.75x | 13.84x | 13.70x | 14.82x |
| Coinbase Global, Inc. (COIN)vs › | $43.40B | 16.81x | 22.71x | 22.71x | 50.31x |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $43.31B | N/A | N/A | N/A | N/A |
| Aflac Incorporated (AFL)vs › | $59.45B | 21.10x | 26.84x | 25.55x | 23.54x |
| Truist Financial Corporation (TFC)vs › | $60.35B | 0.63x | 0.63x | 1.83x | 4.31x |
| Ares Management Corporation (ARES)vs › | $40.79B | 2.30x | 1.63x | 1.22x | 1.43x |
Interest Coverage
0.4x
Debt/Equity
1.08
Current Ratio
1.92
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 | 0.70x |
| 2026-03-31 | 0.53x |
| 2025-12-31 | 0.47x |
| 2025-09-30 | 0.50x |
| 2025-06-30 | 0.38x |
| 2025-03-31 | 0.37x |
| 2024-12-31 | 0.42x |
| 2024-09-30 | 0.39x |
| 2024-06-30 | 0.40x |
| 2024-03-31 | 0.28x |
| 2023-12-31 | 0.10x |
| 2023-09-30 | 0.30x |
| 2023-06-30 | 0.59x |
| 2023-03-31 | 0.55x |
| 2022-12-31 | 0.92x |
| 2022-09-30 | 1.93x |
| 2022-06-30 | 6.96x |
| 2022-03-31 | 62.83x |
| 2021-12-31 | -730.00x |
| 2021-03-31 | 156.75x |
| 2020-12-31 | 45.79x |
| 2020-09-30 | 16.21x |
| 2020-06-30 | 6.98x |
| 2020-03-31 | 3.79x |
| 2019-12-31 | 2.36x |
| 2019-09-30 | 2.02x |
| 2019-06-30 | 1.82x |
| 2019-03-31 | 1.79x |
| 2018-12-31 | 1.77x |
| 2018-09-30 | 3.66x |
| 2018-06-30 | 3.59x |
| 2018-03-31 | 3.68x |
| 2017-12-31 | 3.96x |
| 2017-09-30 | 5.20x |
| 2017-06-30 | 6.21x |
| 2017-03-31 | 4.17x |
| 2016-12-31 | 3.38x |
| 2016-09-30 | 5.78x |
| 2016-06-30 | 7.16x |
| 2016-03-31 | 3.68x |
| 2015-12-31 | 6.09x |
| 2015-09-30 | 6.41x |
| 2015-06-30 | 5.02x |
| 2015-03-31 | 5.20x |
| 2014-12-31 | 5.58x |
| 2014-09-30 | 6.81x |
| 2014-06-30 | 8.38x |
| 2014-03-31 | 4.55x |
| 2013-12-31 | 6.18x |
| 2013-09-30 | 7.25x |
| 2013-06-30 | 7.33x |
| 2013-03-31 | 5.49x |
| 2012-12-31 | 5.29x |
| 2012-09-30 | 8.48x |
| 2012-06-30 | 5.72x |
| 2012-03-31 | 4.19x |
| 2011-12-31 | 3.35x |
| 2011-09-30 | 4.19x |
| 2011-06-30 | 4.86x |
| 2011-03-31 | 4.20x |
| 2010-09-30 | 4.34x |
| 2010-06-30 | 1.86x |
| 2010-03-31 | 3.24x |
| 2009-12-31 | 3.78x |
| 2009-09-30 | 1.13x |
| 2009-06-30 | 3.85x |
| 2009-03-31 | 3.53x |
| 2008-12-31 | 0.62x |
| 2008-09-30 | 1.69x |
| 2008-06-30 | 1.73x |
| 2008-03-31 | 1.21x |
| 2007-12-31 | 0.34x |
| 2007-09-30 | 0.60x |
| 2007-06-30 | 0.69x |
| 2007-03-31 | 0.57x |
| 2006-12-31 | 0.49x |
| 2006-09-30 | 0.51x |
| 2006-06-30 | 0.62x |
| 2006-03-31 | 0.61x |
| 2005-12-31 | 0.61x |
| 2005-09-30 | 0.71x |
| 2005-06-30 | 0.70x |
| 2005-03-31 | 0.87x |
| 2004-12-31 | 0.89x |
| 2004-09-30 | 1.07x |
| 2004-06-30 | 1.84x |
| 2004-03-31 | 1.72x |
| 2003-12-31 | 4.06x |
| 2003-09-30 | 1.89x |
| 2003-06-30 | -0.27x |
| 2003-03-31 | 0.96x |
| 2002-12-31 | 3.13x |
| 2002-09-30 | 1.08x |