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 7.78x is 38% below its 5-year average of 12.45x, around the middle of its 5-year range (1.16x–23.08x).
31.68% above its 12-month average of 5.91x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
7.78x
INTEREST COVERAGE RATIO AVG TTM
5.91x
INTEREST COVERAGE RATIO AVG 3Y
8.34x
INTEREST COVERAGE RATIO AVG 5Y
12.45x
INTEREST COVERAGE RATIO AVG 10Y
12.93x
INTEREST COVERAGE RATIO AVG 15Y
14.50x
INTEREST COVERAGE RATIO AVG 20Y
14.68x
CURRENT VS TTM AVG
+31.68%
CURRENT VS 3Y AVG
-6.74%
CURRENT VS 5Y AVG
-37.52%
CURRENT VS 10Y AVG
-39.82%
CURRENT VS 15Y AVG
-46.34%
CURRENT VS 20Y AVG
-46.99%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-0.89%
vs the sector median at left
United Parcel Service, Inc.
Market Cap
$84.60B
Interest Coverage Ratio
7.78x
TTM Avg
5.91x
3Y Avg
8.34x
5Y Avg
12.45x
Market Cap
$84.99B
Interest Coverage Ratio
9.13x
TTM Avg
8.69x
3Y Avg
9.57x
5Y Avg
11.00x
Market Cap
$86.48B
Interest Coverage Ratio
5.05x
TTM Avg
6.00x
3Y Avg
7.19x
5Y Avg
7.13x
Market Cap
$80.25B
Interest Coverage Ratio
1.35x
TTM Avg
0.86x
3Y Avg
0.86x
5Y Avg
0.86x
Market Cap
$79.43B
Interest Coverage Ratio
24.52x
TTM Avg
23.93x
3Y Avg
21.15x
5Y Avg
19.43x
Market Cap
$79.37B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
Market Cap
$89.91B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$76.22B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Parcel Service, Inc. (UPS) | $84.60B | 7.78x | 5.91x | 8.34x | 12.45x |
| Emerson Electric Co. (EMR)vs › | $84.99B | 9.13x | 8.69x | 9.57x | 11.00x |
| 3M Company (MMM)vs › | $85.20B | 6.34x | 5.25x | 5.76x | 8.68x |
| Waste Management, Inc. (WM)vs › | $86.48B | 5.05x | 6.00x | 7.19x | 7.13x |
| Bloom Energy Corporation (BE)vs › | $80.25B | 1.35x | 0.86x | 0.86x | 0.86x |
| Cintas Corporation (CTAS)vs › | $79.43B | 24.52x | 23.93x | 21.15x | 19.43x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $79.37B | 6.40x | 6.44x | 5.92x | 6.36x |
| CSX Corporation (CSX)vs › | $89.91B | 5.36x | 5.91x | 6.65x | 6.58x |
| Illinois Tool Works Inc. (ITW)vs › | $76.22B | 14.44x | 14.75x | 15.84x | 15.76x |
| Cummins Inc. (CMI)vs › | $76.04B | 11.75x | 10.95x | 10.33x | 14.73x |
Interest Coverage
7.8x
Debt/Equity
1.90
Current Ratio
1.18
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 | 1.16x |
| 2026-03-31 | 4.76x |
| 2025-12-31 | 9.68x |
| 2025-09-30 | 6.22x |
| 2025-06-30 | 7.72x |
| 2025-03-31 | 7.54x |
| 2024-12-31 | 13.10x |
| 2024-09-30 | 9.21x |
| 2024-06-30 | 9.19x |
| 2024-03-31 | 8.79x |
| 2023-12-31 | 12.76x |
| 2023-09-30 | 7.55x |
| 2023-06-30 | 15.17x |
| 2023-03-31 | 13.24x |
| 2022-12-31 | 17.34x |
| 2022-09-30 | 17.66x |
| 2022-06-30 | 20.76x |
| 2022-03-31 | 19.09x |
| 2021-12-31 | 23.08x |
| 2021-09-30 | 16.94x |
| 2021-06-30 | 20.53x |
| 2021-03-31 | 16.39x |
| 2020-12-31 | 13.26x |
| 2020-09-30 | 13.85x |
| 2020-06-30 | 12.66x |
| 2020-03-31 | 6.50x |
| 2019-12-31 | 14.99x |
| 2019-09-30 | 13.82x |
| 2019-06-30 | 13.66x |
| 2019-03-31 | 8.52x |
| 2018-12-31 | 14.23x |
| 2018-09-30 | 11.83x |
| 2018-06-30 | 12.72x |
| 2018-03-31 | 10.77x |
| 2017-12-31 | 17.34x |
| 2017-09-30 | 17.56x |
| 2017-06-30 | 19.90x |
| 2017-03-31 | 18.91x |
| 2016-12-31 | -2.98x |
| 2016-09-30 | 34.84x |
| 2016-06-30 | 21.68x |
| 2016-03-31 | 19.60x |
| 2015-12-31 | 24.13x |
| 2015-09-30 | 23.90x |
| 2015-06-30 | 22.79x |
| 2015-03-31 | 19.23x |
| 2014-12-31 | 8.67x |
| 2014-09-30 | 22.46x |
| 2014-06-30 | 8.39x |
| 2014-03-31 | 16.81x |
| 2013-12-31 | 20.30x |
| 2013-09-30 | 19.61x |
| 2013-06-30 | 17.78x |
| 2013-03-31 | 16.46x |
| 2012-12-31 | -25.52x |
| 2012-09-30 | 7.82x |
| 2012-06-30 | 19.46x |
| 2012-03-31 | 16.69x |
| 2011-12-31 | 13.93x |
| 2011-09-30 | 19.83x |
| 2011-06-30 | 20.46x |
| 2011-03-31 | 16.78x |
| 2010-12-31 | 19.30x |
| 2010-09-30 | 17.76x |
| 2010-06-30 | 16.69x |
| 2010-03-31 | 12.26x |
| 2009-12-31 | 14.15x |
| 2009-09-30 | 9.99x |
| 2009-06-30 | 4.94x |
| 2009-03-31 | 8.76x |
| 2008-12-31 | 8.03x |
| 2008-09-30 | 15.69x |
| 2008-06-30 | 13.98x |
| 2008-03-31 | 11.14x |
| 2007-09-30 | 32.23x |
| 2007-06-30 | 28.93x |