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 6.39x is in line with its 5-year average of 5.86x, around the middle of its 5-year range (4.38x–8.68x).
As of the fiscal period ended Tuesday, June 30, 2026. 9.46% above its 12-month average of 5.84x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
6.39x
INTEREST COVERAGE RATIO AVG TTM
5.84x
INTEREST COVERAGE RATIO AVG 3Y
6.00x
INTEREST COVERAGE RATIO AVG 5Y
5.86x
INTEREST COVERAGE RATIO AVG 10Y
4.80x
INTEREST COVERAGE RATIO AVG 15Y
3.94x
INTEREST COVERAGE RATIO AVG 20Y
3.39x
CURRENT VS TTM AVG
+9.46%
CURRENT VS 3Y AVG
+6.63%
CURRENT VS 5Y AVG
+9.01%
CURRENT VS 10Y AVG
+33.27%
CURRENT VS 15Y AVG
+62.45%
CURRENT VS 20Y AVG
+88.58%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-18.56%
vs the sector median at left
United Rentals, Inc.
Market Cap
$71.70B
Interest Coverage Ratio
6.39x
TTM Avg
5.84x
3Y Avg
6.00x
5Y Avg
5.86x
Market Cap
$69.73B
Interest Coverage Ratio
2.65x
TTM Avg
2.64x
3Y Avg
2.43x
5Y Avg
2.15x
Market Cap
$74.11B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$69.10B
Interest Coverage Ratio
1.35x
TTM Avg
0.86x
3Y Avg
0.86x
5Y Avg
0.86x
Market Cap
$68.84B
Interest Coverage Ratio
8.55x
TTM Avg
82.93x
3Y Avg
443.94x
5Y Avg
473.70x
Market Cap
$75.40B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$66.43B
Interest Coverage Ratio
5.79x
TTM Avg
5.83x
3Y Avg
5.81x
5Y Avg
5.84x
Market Cap
$77.00B
Interest Coverage Ratio
7.21x
TTM Avg
7.11x
3Y Avg
8.96x
5Y Avg
8.95x
Market Cap
$79.44B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $71.70B | 6.39x | 5.84x | 6.00x | 5.86x |
| TransDigm Group Incorporated (TDG)vs › | $69.73B | 2.65x | 2.64x | 2.43x | 2.15x |
| Honeywell International Inc. (HON)vs › | $74.11B | 4.89x | 5.63x | 8.73x | 11.48x |
| Bloom Energy Corporation (BE)vs › | $69.10B | 1.35x | 0.86x | 0.86x | 0.86x |
| PACCAR Inc (PCAR)vs › | $68.84B | 8.55x | 82.93x | 443.94x | 473.70x |
| Norfolk Southern Corporation (NSC)vs › | $75.40B | 5.06x | 4.86x | 5.11x | 5.44x |
| Republic Services, Inc. (RSG)vs › | $66.43B | 5.79x | 5.83x | 5.81x | 5.84x |
| Canadian National Railway Company (CNI)vs › | $77.00B | 7.21x | 7.11x | 8.96x | 8.95x |
| FedEx Corporation (FDX)vs › | $79.44B | 12.43x | 10.07x | 9.09x | 8.90x |
| Cintas Corporation (CTAS)vs › | $79.85B | 24.52x | 23.93x | 21.15x | 19.43x |
Interest Coverage
6.4x
Debt/Equity
1.67
Current Ratio
0.76
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 | 6.39x |
| 2026-03-31 | 4.94x |
| 2025-12-31 | 5.75x |
| 2025-09-30 | 6.26x |
| 2025-06-30 | 5.87x |
| 2025-03-31 | 4.38x |
| 2024-12-31 | 6.04x |
| 2024-09-30 | 6.31x |
| 2024-06-30 | 5.81x |
| 2024-03-31 | 5.33x |
| 2023-12-31 | 6.63x |
| 2023-09-30 | 6.77x |
| 2023-06-30 | 5.86x |
| 2023-03-31 | 4.94x |
| 2022-12-31 | 7.76x |
| 2022-09-30 | 8.68x |
| 2022-06-30 | 6.34x |
| 2022-03-31 | 6.09x |
| 2021-12-31 | 8.02x |
| 2021-09-30 | 5.14x |
| 2021-06-30 | 4.84x |
| 2021-03-31 | 3.77x |
| 2020-12-31 | 4.13x |
| 2020-09-30 | 2.04x |
| 2020-06-30 | 2.95x |
| 2020-03-31 | 2.65x |
| 2019-12-31 | 3.54x |
| 2019-09-30 | 4.48x |
| 2019-06-30 | 2.97x |
| 2019-03-31 | 2.50x |
| 2018-12-31 | 4.23x |
| 2018-09-30 | 5.07x |
| 2018-06-30 | 4.25x |
| 2018-03-31 | 3.15x |
| 2017-12-31 | 4.02x |
| 2017-09-30 | 3.64x |
| 2017-06-30 | 3.35x |
| 2017-03-31 | 2.81x |
| 2016-12-31 | 2.56x |
| 2016-09-30 | 3.85x |
| 2016-06-30 | 2.63x |
| 2016-03-31 | 2.37x |
| 2015-12-31 | 3.71x |
| 2015-09-30 | 4.17x |
| 2015-06-30 | 1.62x |
| 2015-03-31 | 2.48x |
| 2014-12-31 | 3.58x |
| 2014-09-30 | 3.40x |
| 2014-06-30 | 1.74x |
| 2014-03-31 | 1.74x |
| 2013-12-31 | 2.90x |
| 2013-09-30 | 2.79x |
| 2013-06-30 | 2.10x |
| 2013-03-31 | 1.24x |
| 2012-12-31 | 1.20x |
| 2012-09-30 | 1.73x |
| 2012-06-30 | 0.38x |
| 2012-03-31 | 1.00x |
| 2011-12-31 | 0.93x |
| 2011-09-30 | 2.69x |
| 2011-06-30 | 1.61x |
| 2011-03-31 | 0.52x |
| 2010-12-31 | 0.39x |
| 2010-09-30 | 1.39x |
| 2010-06-30 | 0.87x |
| 2010-03-31 | -0.03x |
| 2009-12-31 | 0.34x |
| 2009-09-30 | 1.05x |
| 2009-06-30 | 0.10x |
| 2009-03-31 | 0.35x |
| 2008-12-31 | -0.91x |
| 2008-09-30 | 2.69x |
| 2008-06-30 | 2.42x |
| 2008-03-31 | 2.37x |
| 2007-09-30 | 5.78x |
| 2007-06-30 | 3.29x |
| 2007-03-31 | 1.94x |
| 2006-12-31 | 2.29x |
| 2006-09-30 | 3.48x |
| 2006-06-30 | 2.83x |
| 2006-03-31 | 0.58x |
| 2005-12-31 | 0.91x |
| 2005-09-30 | 1.26x |
| 2005-06-30 | 0.90x |
| 2005-03-31 | 0.47x |
| 2004-12-31 | 0.59x |
| 2004-09-30 | -0.02x |
| 2004-06-30 | 0.69x |
| 2004-03-31 | 0.07x |
| 2003-12-31 | -0.30x |
| 2003-09-30 | 0.80x |
| 2003-06-30 | 0.69x |
| 2003-03-31 | 0.30x |
| 2002-12-31 | -0.47x |
| 2002-09-30 | 0.87x |