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 8.05x is 18% above its 1-year average of 6.82x, near the high end of its 1-year range (5.15x–8.56x).
18.12% above its 12-month average of 6.82x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2026 (2026-03-31): 6.32x.
INTEREST COVERAGE RATIO
8.05x
INTEREST COVERAGE RATIO AVG TTM
6.82x
INTEREST COVERAGE RATIO AVG 3Y
6.82x
INTEREST COVERAGE RATIO AVG 5Y
6.82x
INTEREST COVERAGE RATIO AVG 10Y
6.82x
INTEREST COVERAGE RATIO AVG 15Y
12.07x
INTEREST COVERAGE RATIO AVG 20Y
14.57x
CURRENT VS TTM AVG
+18.12%
CURRENT VS 3Y AVG
+18.12%
CURRENT VS 5Y AVG
+18.12%
CURRENT VS 10Y AVG
+18.12%
CURRENT VS 15Y AVG
-33.33%
CURRENT VS 20Y AVG
-44.76%
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+16.92%
vs the sector median at left
Stryker Corporation
Market Cap
$105.47B
Interest Coverage Ratio
8.05x
TTM Avg
6.82x
3Y Avg
6.82x
5Y Avg
6.82x
Market Cap
$102.40B
Interest Coverage Ratio
26.13x
TTM Avg
21.60x
3Y Avg
19.33x
5Y Avg
18.13x
Market Cap
$113.35B
Interest Coverage Ratio
3.33x
TTM Avg
3.10x
3Y Avg
3.72x
5Y Avg
4.16x
Market Cap
$117.93B
Interest Coverage Ratio
9.04x
TTM Avg
8.61x
3Y Avg
8.24x
5Y Avg
8.04x
Market Cap
$92.60B
Interest Coverage Ratio
5.32x
TTM Avg
5.22x
3Y Avg
5.16x
5Y Avg
5.27x
Market Cap
$89.12B
Interest Coverage Ratio
5.79x
TTM Avg
6.64x
3Y Avg
7.93x
5Y Avg
8.79x
Market Cap
$128.81B
Interest Coverage Ratio
7.26x
TTM Avg
6.11x
3Y Avg
6.76x
5Y Avg
6.22x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Stryker Corporation (SYK) | $105.47B | 8.05x | 6.82x | 6.82x | 6.82x |
| McKesson Corporation (MCK)vs › | $102.40B | 26.13x | 21.60x | 19.33x | 18.13x |
| Sanofi (SNY)vs › | $102.00B | 15.33x | 13.49x | 16.74x | 20.21x |
| GSK plc (GSK)vs › | $100.62B | 12.14x | 9.13x | 8.62x | 7.79x |
| CVS Health Corp. (CVS)vs › | $113.35B | 3.33x | 3.10x | 3.72x | 4.16x |
| Medtronic plc (MDT)vs › | $117.93B | 9.04x | 8.61x | 8.24x | 8.04x |
| HCA Healthcare, Inc. (HCA)vs › | $92.60B | 5.32x | 5.22x | 5.16x | 5.27x |
| Elevance Health Inc. (ELV)vs › | $89.12B | 5.79x | 6.64x | 7.93x | 8.79x |
| Bristol-Myers Squibb Company (BMY)vs › | $128.81B | 7.26x | 6.11x | 6.76x | 6.22x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $129.02B | 357.95x | 357.95x | 174.48x | 123.56x |
Interest Coverage
8.1x
Debt/Equity
0.62
Current Ratio
2.16
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 |
|---|---|
| 2026-03-31 | 6.32x |
| 2025-12-31 | 5.15x |
| 2025-09-30 | 7.23x |
| 2025-06-30 | 8.56x |
| 2012-09-30 | 25.00x |
| 2011-09-30 | 20.18x |
| 2010-03-31 | 29.56x |
| 2004-12-31 | 34.24x |
| 2004-09-30 | 53.07x |
| 2004-06-30 | 122.28x |
| 2004-03-31 | 138.00x |
| 2003-12-31 | 9.00x |
| 2003-09-30 | 27.43x |
| 2003-06-30 | 25.22x |
| 2003-03-31 | 22.34x |
| 2002-12-31 | 3.49x |
| 2002-09-30 | 12.57x |