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 3.20x is 28% above its 5-year average of 2.49x, near the high end of its 5-year range (-3.46x–5.26x).
As of the fiscal period ended Tuesday, June 30, 2026. 19.37% below its 12-month average of 3.96x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
3.20x
INTEREST COVERAGE RATIO AVG TTM
3.96x
INTEREST COVERAGE RATIO AVG 3Y
3.85x
INTEREST COVERAGE RATIO AVG 5Y
2.79x
INTEREST COVERAGE RATIO AVG 10Y
4.20x
INTEREST COVERAGE RATIO AVG 15Y
3.30x
INTEREST COVERAGE RATIO AVG 20Y
2.33x
CURRENT VS TTM AVG
-19.37%
CURRENT VS 3Y AVG
-16.98%
CURRENT VS 5Y AVG
+14.61%
CURRENT VS 10Y AVG
-23.99%
CURRENT VS 15Y AVG
-3.18%
CURRENT VS 20Y AVG
+37.00%
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-59.11%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$39.65B
Interest Coverage Ratio
3.20x
TTM Avg
3.96x
3Y Avg
3.85x
5Y Avg
2.79x
Market Cap
$41.83B
Interest Coverage Ratio
-0.66x
TTM Avg
15.52x
3Y Avg
15.52x
5Y Avg
15.52x
Market Cap
$36.98B
Interest Coverage Ratio
-8.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.68B
Interest Coverage Ratio
10.87x
TTM Avg
11.70x
3Y Avg
11.02x
5Y Avg
10.15x
Market Cap
$35.92B
Interest Coverage Ratio
N/A
TTM Avg
203.40x
3Y Avg
134.26x
5Y Avg
99.82x
Market Cap
$44.48B
Interest Coverage Ratio
4598.13x
TTM Avg
5940.57x
3Y Avg
4148.68x
5Y Avg
2954.41x
Market Cap
$32.37B
Interest Coverage Ratio
5.58x
TTM Avg
5.84x
3Y Avg
6.76x
5Y Avg
5.67x
Market Cap
$47.32B
Interest Coverage Ratio
2.69x
TTM Avg
4.50x
3Y Avg
2.86x
5Y Avg
2.89x
Market Cap
$49.38B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $39.65B | 3.20x | 3.96x | 3.85x | 2.79x |
| Axon Enterprise, Inc. (AXON)vs › | $41.83B | -0.66x | 15.52x | 15.52x | 15.52x |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.98B | -8.64x | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $42.68B | 10.87x | 11.70x | 11.02x | 10.15x |
| EMCOR Group, Inc. (EME)vs › | $35.92B | N/A | 203.40x | 134.26x | 99.82x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.48B | 4598.13x | 5940.57x | 4148.68x | 2954.41x |
| Ingersoll Rand Inc. (IR)vs › | $32.37B | 5.58x | 5.84x | 6.76x | 5.67x |
| Ferrovial SE (FER)vs › | $47.32B | 2.69x | 4.50x | 2.86x | 2.89x |
| HEICO Corporation (HEI-A)vs › | $49.38B | 7.85x | 6.72x | 24.68x | 30.27x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.54B | 8.31x | 8.16x | 6.89x | 6.04x |
Interest Coverage
3.2x
Debt/Equity
2.03
Current Ratio
0.65
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 | 3.20x |
| 2026-03-31 | 3.05x |
| 2025-12-31 | 4.28x |
| 2025-09-30 | 5.02x |
| 2025-06-30 | 4.27x |
| 2025-03-31 | 1.97x |
| 2024-12-31 | 4.75x |
| 2024-09-30 | 4.80x |
| 2024-06-30 | 5.26x |
| 2024-03-31 | 0.25x |
| 2023-12-31 | 2.32x |
| 2023-09-30 | 3.91x |
| 2023-06-30 | 3.36x |
| 2023-03-31 | -0.10x |
| 2022-12-31 | 3.08x |
| 2022-09-30 | 3.41x |
| 2022-06-30 | 2.21x |
| 2022-03-31 | -3.46x |
| 2021-12-31 | -1.00x |
| 2021-09-30 | 2.41x |
| 2021-06-30 | -0.67x |
| 2021-03-31 | -4.11x |
| 2020-12-31 | -6.39x |
| 2020-09-30 | -4.91x |
| 2020-06-30 | -9.15x |
| 2020-03-31 | -6.48x |
| 2019-12-31 | 6.11x |
| 2019-09-30 | 8.72x |
| 2019-06-30 | 8.66x |
| 2019-03-31 | 2.98x |
| 2018-12-31 | 3.84x |
| 2018-09-30 | 7.71x |
| 2018-06-30 | 7.69x |
| 2018-03-31 | 1.92x |
| 2017-12-31 | 4.83x |
| 2017-09-30 | 7.33x |
| 2017-06-30 | 9.58x |
| 2017-03-31 | 2.30x |
| 2016-12-31 | 8.10x |
| 2016-09-30 | 12.49x |
| 2016-06-30 | 7.41x |
| 2016-03-31 | 4.48x |
| 2015-12-31 | 7.02x |
| 2015-09-30 | 12.58x |
| 2015-06-30 | 9.38x |
| 2015-03-31 | 4.60x |
| 2014-12-31 | 3.81x |
| 2014-09-30 | 6.88x |
| 2014-06-30 | 5.24x |
| 2014-03-31 | -2.02x |
| 2013-12-31 | 1.31x |
| 2013-09-30 | 2.78x |
| 2013-06-30 | 4.23x |
| 2013-03-31 | -1.39x |
| 2012-12-31 | -2.41x |
| 2012-09-30 | 1.04x |
| 2012-06-30 | 2.82x |
| 2012-03-31 | -1.30x |
| 2011-12-31 | 0.24x |
| 2011-09-30 | 4.31x |
| 2011-06-30 | 3.34x |
| 2011-03-31 | 0.14x |
| 2010-12-31 | -0.22x |
| 2010-09-30 | 3.06x |
| 2010-06-30 | 2.48x |
| 2010-03-31 | 0.42x |
| 2009-12-31 | -0.46x |
| 2009-09-30 | 0.62x |
| 2009-06-30 | 0.79x |
| 2009-03-31 | -2.10x |
| 2008-12-31 | -7.32x |
| 2008-09-30 | -3.41x |
| 2008-06-30 | -19.66x |
| 2008-03-31 | -3.00x |
| 2007-10-08 | 4.21x |
| 2007-06-30 | 3.86x |
| 2007-03-31 | -0.45x |
| 2006-09-30 | 2.04x |
| 2005-09-30 | 1.28x |
| 2005-03-31 | -2.19x |
