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 9.07x is 30% below its 5-year average of 12.92x, near the low end of its 5-year range (5.58x–71.00x).
As of the fiscal period ended Tuesday, June 30, 2026. 62.66% below its 12-month average of 24.29x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
9.07x
INTEREST COVERAGE RATIO AVG TTM
24.29x
INTEREST COVERAGE RATIO AVG 3Y
10.22x
INTEREST COVERAGE RATIO AVG 5Y
9.36x
INTEREST COVERAGE RATIO AVG 10Y
7.07x
INTEREST COVERAGE RATIO AVG 15Y
6.38x
INTEREST COVERAGE RATIO AVG 20Y
5.40x
CURRENT VS TTM AVG
-62.66%
CURRENT VS 3Y AVG
-11.30%
CURRENT VS 5Y AVG
-3.06%
CURRENT VS 10Y AVG
+28.28%
CURRENT VS 15Y AVG
+42.05%
CURRENT VS 20Y AVG
+67.92%
SECTOR MEDIAN · INDUSTRIALS
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
+12.87%
vs the sector median at left
Textron Inc.
Market Cap
$15.38B
Interest Coverage Ratio
9.07x
TTM Avg
24.29x
3Y Avg
10.22x
5Y Avg
9.36x
Market Cap
$15.20B
Interest Coverage Ratio
24.83x
TTM Avg
24.14x
3Y Avg
19.72x
5Y Avg
19.62x
Market Cap
$15.57B
Interest Coverage Ratio
7.31x
TTM Avg
8.47x
3Y Avg
8.67x
5Y Avg
9.31x
Market Cap
$15.69B
Interest Coverage Ratio
2.48x
TTM Avg
2.48x
3Y Avg
2.27x
5Y Avg
4.13x
Market Cap
$14.37B
Interest Coverage Ratio
8.51x
TTM Avg
8.08x
3Y Avg
7.88x
5Y Avg
8.33x
Market Cap
$16.79B
Interest Coverage Ratio
20.90x
TTM Avg
15.79x
3Y Avg
11.60x
5Y Avg
9.19x
Market Cap
$17.13B
Interest Coverage Ratio
5.92x
TTM Avg
5.01x
3Y Avg
4.86x
5Y Avg
6.25x
Market Cap
$13.53B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$13.53B
Interest Coverage Ratio
1.88x
TTM Avg
2.13x
3Y Avg
3.47x
5Y Avg
3.78x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Textron Inc. (TXT) | $15.38B | 9.07x | 24.29x | 10.22x | 9.36x |
| Lennox International Inc. (LII)vs › | $15.20B | 24.83x | 24.14x | 19.72x | 19.62x |
| BWX Technologies, Inc. (BWXT)vs › | $15.57B | 7.31x | 8.47x | 8.67x | 9.31x |
| Stanley Black & Decker, Inc. (SWK)vs › | $15.69B | 2.48x | 2.48x | 2.27x | 4.13x |
| Allegion plc (ALLE)vs › | $14.37B | 8.51x | 8.08x | 7.88x | 8.33x |
| Sterling Infrastructure, Inc. (STRL)vs › | $16.79B | 20.90x | 15.79x | 11.60x | 9.19x |
| Jacobs Solutions Inc. (J)vs › | $17.13B | 5.92x | 5.01x | 4.86x | 6.25x |
| Graco Inc. (GGG)vs › | $13.53B | 211.11x | 206.35x | 148.80x | 129.44x |
| CNH Industrial N.V. (CNH)vs › | $13.53B | 1.88x | 2.13x | 3.47x | 3.78x |
| Nordson Corporation (NDSN)vs › | $17.28B | 7.16x | 7.37x | 14.35x | 15.40x |
Interest Coverage
9.1x
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 | 9.07x |
| 2026-04-04 | 7.79x |
| 2026-01-03 | 71.00x |
| 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 |
