Basis: Latest reported fiscal quarter. 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 2.43x is in line with its 5-year average of 2.31x, near the high end of its 5-year range (1.35x–2.79x).
As of the fiscal period ended Saturday, March 28, 2026. 3.65% below its 12-month average of 2.53x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.43x
INTEREST COVERAGE RATIO AVG TTM
2.53x
INTEREST COVERAGE RATIO AVG 3Y
2.56x
INTEREST COVERAGE RATIO AVG 5Y
2.31x
INTEREST COVERAGE RATIO AVG 10Y
2.36x
INTEREST COVERAGE RATIO AVG 15Y
2.52x
INTEREST COVERAGE RATIO AVG 20Y
2.56x
CURRENT VS TTM AVG
-3.65%
CURRENT VS 3Y AVG
-4.89%
CURRENT VS 5Y AVG
+5.30%
CURRENT VS 10Y AVG
+3.10%
CURRENT VS 15Y AVG
-3.56%
CURRENT VS 20Y AVG
-4.77%
SECTOR MEDIAN · INDUSTRIALS
8.22x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
-70.39%
vs the sector median at left
TransDigm Group Incorporated
Market Cap
$71.71B
Interest Coverage Ratio
2.43x
TTM Avg
2.53x
3Y Avg
2.56x
5Y Avg
2.31x
Market Cap
$73.14B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
Market Cap
$69.63B
Interest Coverage Ratio
8.55x
TTM Avg
82.93x
3Y Avg
443.94x
5Y Avg
473.70x
Market Cap
$69.35B
Interest Coverage Ratio
5.55x
TTM Avg
5.72x
3Y Avg
6.19x
5Y Avg
5.49x
Market Cap
$75.28B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$76.10B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$77.73B
Interest Coverage Ratio
6.44x
TTM Avg
6.74x
3Y Avg
6.32x
5Y Avg
7.04x
Market Cap
$77.92B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$64.90B
Interest Coverage Ratio
33.22x
TTM Avg
33.73x
3Y Avg
29.72x
5Y Avg
24.60x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransDigm Group Incorporated (TDG) | $71.71B | 2.43x | 2.53x | 2.56x | 2.31x |
| FedEx Corporation (FDX)vs › | $73.14B | 12.43x | 10.07x | 9.09x | 8.90x |
| PACCAR Inc (PCAR)vs › | $69.63B | 8.55x | 82.93x | 443.94x | 473.70x |
| United Rentals, Inc. (URI)vs › | $69.35B | 5.55x | 5.72x | 6.19x | 5.49x |
| Norfolk Southern Corporation (NSC)vs › | $75.28B | 5.06x | 4.86x | 5.11x | 5.44x |
| Canadian National Railway Company (CNI)vs › | $76.10B | 7.21x | 7.11x | 8.96x | 8.95x |
| Northrop Grumman Corporation (NOC)vs › | $77.73B | 6.44x | 6.74x | 6.32x | 7.04x |
| Honeywell International Inc. (HON)vs › | $77.92B | 4.89x | 5.63x | 8.73x | 11.48x |
| W.W. Grainger, Inc. (GWW)vs › | $64.90B | 33.22x | 33.73x | 29.72x | 24.60x |
| Republic Services, Inc. (RSG)vs › | $64.67B | 5.79x | 5.83x | 5.81x | 5.84x |
Interest Coverage
2.4x
Debt/Equity
-3.40
Current Ratio
3.52
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 |
|---|---|
| 2026-03-28 | 2.43x |
| 2025-12-27 | 2.19x |
| 2025-09-30 | 2.76x |
| 2025-06-28 | 2.62x |
| 2025-03-29 | 2.62x |
| 2024-12-28 | 2.58x |
| 2024-09-30 | 2.76x |
| 2024-06-29 | 2.70x |
| 2024-03-30 | 2.45x |
| 2023-12-30 | 2.62x |
| 2023-09-30 | 2.79x |
| 2023-07-01 | 2.42x |
| 2023-04-01 | 2.32x |
| 2022-12-31 | 2.03x |
| 2022-09-30 | 2.32x |
| 2022-07-02 | 2.23x |
| 2022-04-02 | 1.95x |
| 2022-01-01 | 1.72x |
| 2021-09-30 | 2.04x |
| 2021-07-03 | 1.62x |
| 2021-04-03 | 1.35x |
| 2021-01-02 | 1.18x |
| 2020-09-30 | 1.16x |
| 2020-06-27 | 1.09x |
| 2020-03-28 | 2.33x |
| 2019-12-28 | 2.08x |
| 2019-09-30 | 2.48x |
| 2019-06-29 | 1.98x |
| 2019-03-30 | 2.39x |
| 2018-12-29 | 2.51x |
| 2018-09-30 | 2.66x |
| 2018-06-30 | 2.59x |
| 2018-03-31 | 2.55x |
| 2017-12-30 | 2.19x |
| 2017-09-30 | 2.53x |
| 2017-06-30 | 2.57x |
| 2017-04-01 | 2.45x |
| 2016-12-31 | 1.82x |
| 2016-09-30 | 2.49x |
| 2016-07-02 | 2.74x |
| 2016-04-02 | 2.80x |
| 2016-01-02 | 2.47x |
| 2015-09-30 | 2.77x |
| 2015-06-27 | 2.47x |
| 2015-03-28 | 2.57x |
| 2014-12-27 | 2.43x |
| 2014-09-30 | 2.67x |
| 2014-06-28 | 2.74x |
| 2014-03-29 | 2.66x |
| 2013-12-28 | 2.61x |
| 2013-09-30 | 2.53x |
| 2013-06-29 | 2.83x |
| 2013-03-30 | 3.03x |
| 2012-12-29 | 2.75x |
| 2012-09-30 | 3.47x |
| 2012-06-30 | 3.36x |
| 2012-03-31 | 3.39x |
| 2011-12-31 | 2.96x |
| 2011-09-30 | 2.92x |
| 2011-07-02 | 2.79x |
| 2011-04-02 | 2.09x |
| 2011-01-01 | 0.66x |
| 2010-09-30 | 3.81x |
| 2010-07-03 | 3.38x |
| 2010-04-03 | 3.10x |
| 2010-01-02 | 2.68x |
| 2009-09-30 | 4.22x |
| 2009-06-27 | 4.01x |
| 2009-03-28 | 3.92x |
| 2008-12-27 | 3.77x |
| 2008-09-30 | 0.88x |
| 2008-06-28 | 3.59x |
| 2008-03-29 | 3.03x |
| 2007-12-29 | 2.73x |
| 2007-09-30 | 0.71x |
| 2007-03-31 | 2.53x |
| 2006-12-30 | 2.80x |
| 2006-09-30 | 1.20x |
| 2006-07-01 | -0.22x |
| 2006-04-01 | 2.20x |