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 12.88x is 56% above its 5-year average of 8.23x, near the low end of its 5-year range (5.58x–71.00x).
19.67% below its 12-month average of 16.03x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2027 (2026-06-30): 8.09x.
INTEREST COVERAGE RATIO
12.88x
INTEREST COVERAGE RATIO AVG TTM
16.03x
INTEREST COVERAGE RATIO AVG 3Y
8.36x
INTEREST COVERAGE RATIO AVG 5Y
8.23x
INTEREST COVERAGE RATIO AVG 10Y
7.14x
INTEREST COVERAGE RATIO AVG 15Y
6.48x
INTEREST COVERAGE RATIO AVG 20Y
5.53x
CURRENT VS TTM AVG
-19.67%
CURRENT VS 3Y AVG
+54.07%
CURRENT VS 5Y AVG
+56.50%
CURRENT VS 10Y AVG
+80.34%
CURRENT VS 15Y AVG
+98.70%
CURRENT VS 20Y AVG
+132.88%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+64.08%
vs the sector median at left
Textron Inc.
Market Cap
$13.34B
Interest Coverage Ratio
12.88x
TTM Avg
16.03x
3Y Avg
8.36x
5Y Avg
8.23x
Market Cap
$13.27B
Interest Coverage Ratio
7.31x
TTM Avg
8.47x
3Y Avg
8.67x
5Y Avg
9.31x
Market Cap
$13.48B
Interest Coverage Ratio
N/A
TTM Avg
272.83x
3Y Avg
375.09x
5Y Avg
287.86x
Market Cap
$13.17B
Interest Coverage Ratio
8.51x
TTM Avg
8.08x
3Y Avg
7.88x
5Y Avg
8.33x
Market Cap
$12.85B
Interest Coverage Ratio
24.83x
TTM Avg
24.14x
3Y Avg
19.72x
5Y Avg
19.62x
Market Cap
$13.85B
Interest Coverage Ratio
2.48x
TTM Avg
2.48x
3Y Avg
2.27x
5Y Avg
4.13x
Market Cap
$12.71B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$12.35B
Interest Coverage Ratio
69.22x
TTM Avg
41.87x
3Y Avg
31.74x
5Y Avg
24.50x
Market Cap
$12.05B
Interest Coverage Ratio
4.09x
TTM Avg
5.04x
3Y Avg
6.09x
5Y Avg
10.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Textron Inc. (TXT) | $13.34B | 12.88x | 16.03x | 8.36x | 8.23x |
| BWX Technologies, Inc. (BWXT)vs › | $13.27B | 7.31x | 8.47x | 8.67x | 9.31x |
| Watsco, Inc. (WSO)vs › | $13.48B | N/A | 272.83x | 375.09x | 287.86x |
| Allegion plc (ALLE)vs › | $13.17B | 8.51x | 8.08x | 7.88x | 8.33x |
| Lennox International Inc. (LII)vs › | $12.85B | 24.83x | 24.14x | 19.72x | 19.62x |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.85B | 2.48x | 2.48x | 2.27x | 4.13x |
| Graco Inc. (GGG)vs › | $12.71B | 211.11x | 206.35x | 148.80x | 129.44x |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.35B | 69.22x | 41.87x | 31.74x | 24.50x |
| Generac Holdings Inc. (GNRC)vs › | $12.05B | 4.09x | 5.04x | 6.09x | 10.13x |
| Crane Company (CR)vs › | $11.82B | 37.54x | 25.31x | 15.54x | 11.94x |
Interest Coverage
12.9x
Debt/Equity
0.52
Current Ratio
1.52
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 |
|---|---|
| 2026-06-30 | 8.09x |
| 2026-06-30 | 9.07x |
| 2026-04-04 | 6.79x |
| 2026-04-04 | 7.79x |
| 2026-01-03 | 6.92x |
| 2026-01-03 | 71.00x |
| 2025-09-27 | 9.30x |
| 2025-09-27 | 9.30x |
| 2025-06-28 | 8.68x |
| 2025-03-29 | 7.03x |
| 2024-12-28 | 5.58x |
| 2024-09-28 | 8.08x |
| 2024-06-29 | 11.80x |
| 2024-03-30 | 10.25x |
| 2023-12-31 | 16.58x |
| 2023-07-01 | 18.32x |
| 2023-04-01 | 12.35x |
| 2022-12-31 | 18.91x |
| 2022-10-01 | 9.50x |
| 2022-07-02 | 7.55x |
| 2022-04-02 | 6.38x |
| 2021-12-31 | 7.42x |
| 2021-10-02 | 6.70x |
| 2021-07-03 | 6.03x |
| 2021-04-03 | 4.53x |
| 2020-12-31 | 6.29x |
| 2020-10-03 | 3.37x |
| 2020-07-04 | -0.43x |
| 2020-04-04 | 3.17x |
| 2019-12-31 | 7.05x |
| 2019-09-28 | 5.84x |
| 2019-06-29 | 6.84x |
| 2019-03-30 | 5.36x |
| 2018-12-31 | 8.90x |
| 2018-09-29 | 5.02x |
| 2018-06-30 | 6.74x |
| 2018-03-31 | 5.85x |
| 2017-12-31 | 7.18x |
| 2017-09-30 | 6.02x |
| 2017-07-01 | 6.16x |
| 2017-04-01 | 4.57x |
| 2016-12-31 | 8.19x |
| 2016-10-01 | 5.93x |
| 2016-07-02 | 6.91x |
| 2016-04-02 | 6.00x |
| 2015-12-31 | 7.84x |
| 2015-10-03 | 7.15x |
| 2015-07-04 | 6.74x |
| 2015-04-04 | 5.28x |
| 2014-12-31 | 7.00x |
| 2014-09-27 | 5.98x |
| 2014-06-28 | 5.89x |
| 2014-03-29 | 4.00x |
| 2013-12-31 | 6.72x |
| 2013-09-28 | 4.54x |
| 2013-06-29 | 4.88x |
| 2013-03-30 | 3.80x |
| 2012-12-31 | 4.92x |
| 2012-09-29 | 5.02x |
| 2012-06-30 | 5.81x |
| 2012-03-31 | 4.22x |
| 2011-12-31 | 0.52x |
| 2011-10-01 | 4.10x |
| 2011-07-02 | 3.41x |
| 2011-04-20 | 1.74x |
| 2010-12-31 | 2.57x |
| 2010-10-22 | 1.67x |
| 2010-07-03 | 2.58x |
| 2010-04-03 | 1.32x |
| 2009-12-31 | 1.54x |
| 2009-10-16 | 1.50x |
| 2009-05-27 | 1.12x |
| 2009-04-24 | 1.37x |
| 2008-12-31 | 2.14x |
| 2008-09-27 | 4.15x |
| 2008-06-30 | 4.71x |
| 2008-03-31 | 3.95x |
| 2007-09-29 | 3.81x |