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 23.43x is 10% above its 5-year average of 21.26x, around the middle of its 5-year range (-10.96x–58.68x).
As of the fiscal period ended Tuesday, March 31, 2026. 60.29% above its 12-month average of 14.62x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
23.43x
INTEREST COVERAGE RATIO AVG TTM
14.62x
INTEREST COVERAGE RATIO AVG 3Y
18.66x
INTEREST COVERAGE RATIO AVG 5Y
21.26x
INTEREST COVERAGE RATIO AVG 10Y
16.31x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+60.29%
CURRENT VS 3Y AVG
+25.59%
CURRENT VS 5Y AVG
+10.19%
CURRENT VS 10Y AVG
+43.64%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 71 covered companies
CURRENT VS SECTOR MEDIAN
+246.10%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.30B
Interest Coverage Ratio
23.43x
TTM Avg
14.62x
3Y Avg
18.66x
5Y Avg
21.26x
Market Cap
$11.45B
Interest Coverage Ratio
3.66x
TTM Avg
4.05x
3Y Avg
3.97x
5Y Avg
4.62x
Market Cap
$10.21B
Interest Coverage Ratio
12.68x
TTM Avg
10.82x
3Y Avg
8.80x
5Y Avg
10.61x
Market Cap
$12.39B
Interest Coverage Ratio
N/A
TTM Avg
67.41x
3Y Avg
66.08x
5Y Avg
407.22x
Market Cap
$10.16B
Interest Coverage Ratio
5.05x
TTM Avg
5.30x
3Y Avg
10.04x
5Y Avg
14.14x
Market Cap
$10.15B
Interest Coverage Ratio
4.07x
TTM Avg
9.27x
3Y Avg
11.38x
5Y Avg
10.77x
Market Cap
$10.02B
Interest Coverage Ratio
5.94x
TTM Avg
6.59x
3Y Avg
5.07x
5Y Avg
3.90x
Market Cap
$12.90B
Interest Coverage Ratio
3.87x
TTM Avg
4.06x
3Y Avg
4.92x
5Y Avg
8.88x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.30B | 23.43x | 14.62x | 18.66x | 21.26x |
| DaVita Inc. (DVA)vs › | $11.45B | 3.66x | 4.05x | 3.97x | 4.62x |
| Universal Health Services, Inc. (UHS)vs › | $10.21B | 12.68x | 10.82x | 8.80x | 10.61x |
| Align Technology, Inc. (ALGN)vs › | $12.39B | N/A | 67.41x | 66.08x | 407.22x |
| Henry Schein, Inc. (HSIC)vs › | $10.16B | 5.05x | 5.30x | 10.04x | 14.14x |
| Molina Healthcare, Inc. (MOH)vs › | $10.15B | 4.07x | 9.27x | 11.38x | 10.77x |
| Insulet Corp. (PODD)vs › | $10.02B | 5.94x | 6.59x | 5.07x | 3.90x |
| Tempus AI, Inc. (TEM)vs › | $9.76B | -3.60x | N/A | N/A | N/A |
| Revvity, Inc. (RVTY)vs › | $12.90B | 3.87x | 4.06x | 4.92x | 8.88x |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $9.59B | 5.52x | 5.51x | 7.63x | 62.06x |
Interest Coverage
23.4x
Debt/Equity
0.14
Current Ratio
4.49
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 | 23.43x |
| 2025-12-31 | 25.09x |
| 2025-09-30 | 16.24x |
| 2025-06-30 | -10.96x |
| 2025-03-31 | 19.29x |
| 2024-12-31 | 22.08x |
| 2024-09-30 | 18.38x |
| 2024-06-30 | 18.26x |
| 2024-03-31 | 16.73x |
| 2023-12-31 | 8.78x |
| 2023-09-30 | 11.42x |
| 2023-06-30 | 25.53x |
| 2023-03-31 | 58.68x |
| 2022-12-31 | 28.82x |
| 2022-09-30 | 14.86x |
| 2022-06-30 | 32.16x |
| 2022-03-31 | 36.28x |
| 2021-12-31 | 21.48x |
| 2021-09-30 | 18.55x |
| 2021-06-30 | 20.84x |
| 2021-03-31 | 25.80x |
| 2020-12-31 | 14.22x |
| 2020-09-30 | 11.12x |
| 2020-06-30 | 8.51x |
| 2020-03-31 | 10.65x |
| 2019-12-31 | 7.59x |
| 2019-09-30 | 6.38x |
| 2019-06-30 | 7.73x |
| 2019-03-31 | 8.62x |
| 2018-12-31 | 5.83x |
| 2018-09-30 | 4.92x |
| 2018-06-30 | 14.06x |
| 2018-03-31 | 16.83x |
| 2017-12-31 | 10.36x |
| 2017-09-30 | 11.61x |
| 2017-06-30 | 19.20x |
| 2017-03-31 | 15.32x |
| 2016-12-31 | 8.40x |
| 2016-09-30 | 18.17x |
| 2016-06-30 | 92.41x |
| 2016-03-31 | 97.16x |
| 2015-12-31 | 90.06x |
| 2015-09-30 | 68.80x |
| 2015-06-30 | 97.43x |
| 2015-03-31 | 95.23x |
| 2014-12-31 | 79.13x |
| 2014-09-30 | 113.23x |
