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 5.71x is 15% below its 5-year average of 6.69x, near the low end of its 5-year range (4.18x–20.90x).
5.28% above its 12-month average of 5.42x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-27): 5.20x.
INTEREST COVERAGE RATIO
5.71x
INTEREST COVERAGE RATIO AVG TTM
5.42x
INTEREST COVERAGE RATIO AVG 3Y
5.19x
INTEREST COVERAGE RATIO AVG 5Y
6.69x
INTEREST COVERAGE RATIO AVG 10Y
6.20x
INTEREST COVERAGE RATIO AVG 15Y
5.82x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+5.28%
CURRENT VS 3Y AVG
+9.97%
CURRENT VS 5Y AVG
-14.68%
CURRENT VS 10Y AVG
-7.93%
CURRENT VS 15Y AVG
-1.85%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-17.07%
vs the sector median at left
Thermo Fisher Scientific Inc.
Market Cap
$238.35B
Interest Coverage Ratio
5.71x
TTM Avg
5.42x
3Y Avg
5.19x
5Y Avg
6.69x
Market Cap
$251.01B
Interest Coverage Ratio
8.11x
TTM Avg
7.03x
3Y Avg
5.51x
5Y Avg
4.49x
Market Cap
$202.74B
Interest Coverage Ratio
3.88x
TTM Avg
3.09x
3Y Avg
3.93x
5Y Avg
4.89x
Market Cap
$188.86B
Interest Coverage Ratio
30.34x
TTM Avg
54.30x
3Y Avg
123.94x
5Y Avg
139.58x
Market Cap
$181.64B
Interest Coverage Ratio
11.43x
TTM Avg
6.56x
3Y Avg
7.26x
5Y Avg
7.18x
Market Cap
$176.59B
Interest Coverage Ratio
23.60x
TTM Avg
17.46x
3Y Avg
17.67x
5Y Avg
16.77x
Market Cap
$157.02B
Interest Coverage Ratio
5.78x
TTM Avg
5.55x
3Y Avg
10.96x
5Y Avg
11.04x
Market Cap
$147.13B
Interest Coverage Ratio
19.38x
TTM Avg
19.02x
3Y Avg
23.18x
5Y Avg
23.65x
Market Cap
$341.40B
Interest Coverage Ratio
4.74x
TTM Avg
6.50x
3Y Avg
9.14x
5Y Avg
10.75x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thermo Fisher Scientific Inc. (TMO) | $238.35B | 5.71x | 5.42x | 5.19x | 6.69x |
| AstraZeneca PLC (AZN)vs › | $251.01B | 8.11x | 7.03x | 5.51x | 4.49x |
| Amgen Inc. (AMGN)vs › | $202.74B | 3.88x | 3.09x | 3.93x | 4.89x |
| Novo Nordisk A/S (NVO)vs › | $188.86B | 30.34x | 54.30x | 123.94x | 139.58x |
| Gilead Sciences, Inc. (GILD)vs › | $181.64B | 11.43x | 6.56x | 7.26x | 7.18x |
| Abbott Laboratories (ABT)vs › | $176.59B | 23.60x | 17.46x | 17.67x | 16.77x |
| Pfizer Inc. (PFE)vs › | $157.02B | 5.78x | 5.55x | 10.96x | 11.04x |
| Danaher Corporation (DHR)vs › | $147.13B | 19.38x | 19.02x | 23.18x | 23.65x |
| UnitedHealth Group Incorporated (UNH)vs › | $341.40B | 4.74x | 6.50x | 9.14x | 10.75x |
| Intuitive Surgical, Inc. (ISRG)vs › | $133.24B | N/A | 55.58x | 55.58x | 55.58x |
Interest Coverage
5.7x
Debt/Equity
0.81
Current Ratio
1.55
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 |
|---|---|
| 2026-06-27 | 5.20x |
| 2026-03-28 | 5.26x |
| 2025-12-31 | 6.31x |
| 2025-09-27 | 5.60x |
| 2025-06-28 | 4.75x |
| 2025-03-29 | 6.07x |
| 2024-12-31 | 5.91x |
| 2024-09-28 | 4.52x |
| 2024-06-29 | 4.18x |
| 2024-03-30 | 4.74x |
| 2023-12-31 | 4.48x |
| 2023-09-30 | 5.02x |
| 2023-07-01 | 5.46x |
| 2023-04-01 | 5.68x |
| 2022-12-31 | 7.38x |
| 2022-10-01 | 10.16x |
| 2022-07-02 | 13.11x |
| 2022-04-02 | 20.90x |
| 2021-12-31 | 16.64x |
| 2021-10-02 | 18.34x |
| 2021-07-03 | 18.45x |
| 2021-04-03 | 24.60x |
| 2020-12-31 | 21.48x |
| 2020-09-26 | 16.60x |
| 2020-06-27 | 10.56x |
| 2020-03-28 | 7.53x |
| 2019-12-31 | 8.94x |
| 2019-09-28 | 6.02x |
| 2019-06-29 | 5.83x |
| 2019-03-30 | 5.01x |
| 2018-12-31 | 6.90x |
| 2018-09-29 | 5.44x |
| 2018-06-30 | 5.65x |
| 2018-03-31 | 5.18x |
| 2017-12-31 | 6.08x |
| 2017-09-30 | 4.90x |
| 2017-07-01 | 5.81x |
| 2017-04-01 | 5.24x |
| 2016-12-31 | 6.45x |
| 2016-10-01 | 6.13x |
| 2016-07-02 | 5.37x |
| 2016-04-02 | 4.88x |
| 2015-12-31 | 6.70x |
| 2015-09-26 | 5.60x |
| 2015-06-27 | 5.79x |
| 2015-03-28 | 4.50x |
| 2014-12-31 | 5.50x |
| 2014-09-27 | 5.48x |
| 2014-06-28 | 2.70x |
| 2014-03-29 | 7.43x |
| 2013-12-31 | 6.59x |
| 2013-09-28 | 6.10x |
| 2013-06-29 | 5.83x |
| 2013-03-30 | 6.01x |
| 2012-12-31 | 6.05x |
| 2012-09-29 | 5.84x |
| 2012-06-30 | 6.41x |
| 2012-03-31 | 6.15x |
| 2011-12-31 | 5.80x |
| 2011-10-01 | 6.36x |
| 2011-07-02 | 6.83x |
| 2011-04-02 | 11.56x |
| 2010-12-31 | 17.50x |
| 2010-10-02 | 16.68x |
| 2010-07-03 | 13.11x |
| 2010-04-03 | 13.14x |
| 2009-12-31 | 11.14x |
| 2009-09-26 | 9.43x |
| 2009-06-27 | 8.75x |
| 2009-03-31 | 6.29x |
| 2008-09-27 | 7.21x |