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 3.86x is 38% above its 5-year average of 2.79x, near the high end of its 5-year range (-3.46x–5.26x).
2.60% below its 12-month average of 3.96x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.20x.
INTEREST COVERAGE RATIO
3.86x
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
-2.60%
CURRENT VS 3Y AVG
+0.29%
CURRENT VS 5Y AVG
+38.44%
CURRENT VS 10Y AVG
-8.18%
CURRENT VS 15Y AVG
+16.96%
CURRENT VS 20Y AVG
+65.49%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-50.83%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$35.13B
Interest Coverage Ratio
3.86x
TTM Avg
3.96x
3Y Avg
3.85x
5Y Avg
2.79x
Market Cap
$36.45B
Interest Coverage Ratio
-8.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.08B
Interest Coverage Ratio
N/A
TTM Avg
203.40x
3Y Avg
134.26x
5Y Avg
99.82x
Market Cap
$37.79B
Interest Coverage Ratio
4598.13x
TTM Avg
5940.57x
3Y Avg
4148.68x
5Y Avg
2954.41x
Market Cap
$39.47B
Interest Coverage Ratio
-0.66x
TTM Avg
15.52x
3Y Avg
15.52x
5Y Avg
15.52x
Market Cap
$39.57B
Interest Coverage Ratio
2.21x
TTM Avg
2.01x
3Y Avg
1.60x
5Y Avg
1.37x
Market Cap
$29.81B
Interest Coverage Ratio
5.64x
TTM Avg
5.13x
3Y Avg
5.54x
5Y Avg
6.16x
Market Cap
$40.97B
Interest Coverage Ratio
5.19x
TTM Avg
4.43x
3Y Avg
4.95x
5Y Avg
4.64x
Market Cap
$29.20B
Interest Coverage Ratio
N/A
TTM Avg
69.26x
3Y Avg
53.76x
5Y Avg
43.85x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $35.13B | 3.86x | 3.96x | 3.85x | 2.79x |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.45B | -8.64x | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $33.08B | N/A | 203.40x | 134.26x | 99.82x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.79B | 4598.13x | 5940.57x | 4148.68x | 2954.41x |
| Axon Enterprise, Inc. (AXON)vs › | $39.47B | -0.66x | 15.52x | 15.52x | 15.52x |
| Ferrovial SE (FER)vs › | $39.57B | 2.21x | 2.01x | 1.60x | 1.37x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.81B | 5.64x | 5.13x | 5.54x | 6.16x |
| Waste Connections, Inc. (WCN)vs › | $40.97B | 5.19x | 4.43x | 4.95x | 4.64x |
| Copart, Inc. (CPRT)vs › | $29.20B | N/A | 69.26x | 53.76x | 43.85x |
| Paychex, Inc. (PAYX)vs › | $42.09B | 9.32x | 15.13x | 35.99x | 39.17x |
Interest Coverage
3.9x
Debt/Equity
2.02
Current Ratio
0.78
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 |
