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 5.55x is in line with its 5-year average of 5.86x, near the low end of its 5-year range (4.38x–8.68x).
4.98% below its 12-month average of 5.84x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 6.39x.
INTEREST COVERAGE RATIO
5.55x
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
-4.98%
CURRENT VS 3Y AVG
-7.43%
CURRENT VS 5Y AVG
-5.36%
CURRENT VS 10Y AVG
+15.69%
CURRENT VS 15Y AVG
+41.02%
CURRENT VS 20Y AVG
+63.71%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-29.30%
vs the sector median at left
United Rentals, Inc.
Market Cap
$65.36B
Interest Coverage Ratio
5.55x
TTM Avg
5.84x
3Y Avg
6.00x
5Y Avg
5.86x
Market Cap
$65.48B
Interest Coverage Ratio
5.79x
TTM Avg
5.83x
3Y Avg
5.81x
5Y Avg
5.84x
Market Cap
$66.92B
Interest Coverage Ratio
4.89x
TTM Avg
5.63x
3Y Avg
8.73x
5Y Avg
11.48x
Market Cap
$68.35B
Interest Coverage Ratio
12.43x
TTM Avg
10.07x
3Y Avg
9.09x
5Y Avg
8.90x
Market Cap
$61.72B
Interest Coverage Ratio
2.65x
TTM Avg
2.64x
3Y Avg
2.43x
5Y Avg
2.15x
Market Cap
$70.26B
Interest Coverage Ratio
5.06x
TTM Avg
4.86x
3Y Avg
5.11x
5Y Avg
5.44x
Market Cap
$71.48B
Interest Coverage Ratio
11.75x
TTM Avg
10.95x
3Y Avg
10.33x
5Y Avg
14.73x
Market Cap
$59.01B
Interest Coverage Ratio
33.22x
TTM Avg
33.73x
3Y Avg
29.72x
5Y Avg
24.60x
Market Cap
$58.68B
Interest Coverage Ratio
8.55x
TTM Avg
82.93x
3Y Avg
443.94x
5Y Avg
473.70x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $65.36B | 5.55x | 5.84x | 6.00x | 5.86x |
| Republic Services, Inc. (RSG)vs › | $65.48B | 5.79x | 5.83x | 5.81x | 5.84x |
| Honeywell International Inc. (HON)vs › | $66.92B | 4.89x | 5.63x | 8.73x | 11.48x |
| FedEx Corporation (FDX)vs › | $68.35B | 12.43x | 10.07x | 9.09x | 8.90x |
| TransDigm Group Incorporated (TDG)vs › | $61.72B | 2.65x | 2.64x | 2.43x | 2.15x |
| Norfolk Southern Corporation (NSC)vs › | $70.26B | 5.06x | 4.86x | 5.11x | 5.44x |
| Cummins Inc. (CMI)vs › | $71.48B | 11.75x | 10.95x | 10.33x | 14.73x |
| W.W. Grainger, Inc. (GWW)vs › | $59.01B | 33.22x | 33.73x | 29.72x | 24.60x |
| PACCAR Inc (PCAR)vs › | $58.68B | 8.55x | 82.93x | 443.94x | 473.70x |
| Northrop Grumman Corporation (NOC)vs › | $72.05B | 6.44x | 6.74x | 6.32x | 7.04x |
Interest Coverage
5.5x
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 |