TransDigm Group Incorporated (TDG) Interest Coverage Ratio: 2.65x
The interest coverage ratio for TransDigm Group Incorporated (TDG) is 2.65x as of Friday, June 19, 2026.
TDG Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
2.65x
TDG Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransDigm Group Incorporated (TDG) | $74.30B | 2.65x | N/A | N/A | N/A |
| Illinois Tool Works Inc. (ITW)vs › | $75.98B | 14.44x | 14.75x | 15.84x | 15.76x |
| Comfort Systems USA, Inc. (FIX)vs › | $69.30B | 145.70x | 129.21x | 79.42x | 62.41x |
| Cintas Corporation (CTAS)vs › | $68.52B | 23.34x | 21.94x | 19.49x | 17.18x |
| Norfolk Southern Corporation (NSC)vs › | $67.32B | 5.06x | 4.86x | 5.11x | 5.44x |
| 3M Company (MMM)vs › | $83.76B | 6.34x | 5.25x | 5.76x | 8.68x |
| Emerson Electric Co. (EMR)vs › | $84.38B | 9.13x | 8.69x | 9.57x | 11.00x |
| CSX Corporation (CSX)vs › | $84.79B | 5.36x | 5.91x | 6.65x | 6.58x |
| PACCAR Inc (PCAR)vs › | $62.60B | 8.55x | 82.93x | 443.94x | 473.70x |
| Rocket Lab USA, Inc. (RKLB)vs › | $62.08B | -8.64x | N/A | N/A | N/A |
Financial Health Indicators
Interest Coverage
2.6x
Debt/Equity
-3.10
Current Ratio
3.21
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
TransDigm Group Incorporated Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
TransDigm Group Incorporated Interest Coverage Ratio FAQ
- What is the interest coverage ratio for TransDigm Group Incorporated (TDG)?
- The interest coverage ratio for TDG stock is 2.65x.
About TransDigm Group Incorporated
TransDigm Group Incorporated is a global aerospace enterprise specializing in the development, manufacturing, and distribution of a wide array of aircraft components. Operating across the United States and internationally, its business is structured around three distinct divisions. The Power & Control division focuses on critical systems, providing solutions such as electromechanical actuators and control mechanisms, engine ignition and related technologies, precision pumps and valves, power regulation equipment, specialized electric motors and generators, energy storage units, data communication and power management systems, diverse sensors, switching gear, and material handling equipment including hoists and cargo systems. This segment caters to a broad clientele, including engine and power system manufacturers, airlines, independent maintenance providers, governmental defense agencies, and aircraft repair facilities. The Airframe segment delivers structural and interior components. Its offerings encompass custom latching and locking mechanisms, structural rods and connectors, resilient sealing solutions, cockpit safety and display units, advanced audio, radio, and antenna technologies, restroom facilities, passenger safety restraints, bespoke interior panels and associated parts, thermal management and insulation products, illumination and control systems, and parachutes. Its customer base includes airframe constructors, cabin system integrators, commercial airlines, third-party maintenance organizations, military procurement offices, and overhaul centers. Beyond aviation, the Non-Aviation segment addresses diverse industrial needs. It supplies safety harnesses for ground vehicles, electromechanical actuators for space vehicles, hydraulic and electromechanical actuators and fuel valves for terrestrial gas turbines, specialized refueling systems for heavy machinery in sectors like mining and construction, and sophisticated turbine controls for the energy and petrochemical industries. This segment's clients span suppliers of off-road vehicles and their subsystems, manufacturers of child safety seats, providers of satellite and space systems, and producers of heavy industrial equipment. Established in 1993, TransDigm Group Incorporated maintains its headquarters in Cleveland, Ohio.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Michael J. Lisman