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 7.12x is 28% below its 5-year average of 9.88x, near the low end of its 5-year range (1.95x–40.06x).
1.50% above its 12-month average of 7.01x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 7.49x.
INTEREST COVERAGE RATIO
7.12x
INTEREST COVERAGE RATIO AVG TTM
7.01x
INTEREST COVERAGE RATIO AVG 3Y
8.06x
INTEREST COVERAGE RATIO AVG 5Y
9.88x
INTEREST COVERAGE RATIO AVG 10Y
6.69x
INTEREST COVERAGE RATIO AVG 15Y
6.40x
INTEREST COVERAGE RATIO AVG 20Y
6.56x
CURRENT VS TTM AVG
+1.50%
CURRENT VS 3Y AVG
-11.70%
CURRENT VS 5Y AVG
-27.94%
CURRENT VS 10Y AVG
+6.45%
CURRENT VS 15Y AVG
+11.20%
CURRENT VS 20Y AVG
+8.47%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-21.97%
vs the sector median at left
Market Cap
$56.25B
Interest Coverage Ratio
15.64x
TTM Avg
14.36x
3Y Avg
18.01x
5Y Avg
31.83x
Market Cap
$63.90B
Interest Coverage Ratio
-4.10x
TTM Avg
17.23x
3Y Avg
17.20x
5Y Avg
17.49x
Market Cap
$53.81B
Interest Coverage Ratio
14.55x
TTM Avg
11.78x
3Y Avg
14.25x
5Y Avg
19.94x
Market Cap
$66.05B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$49.94B
Interest Coverage Ratio
20.30x
TTM Avg
14.98x
3Y Avg
9.50x
5Y Avg
9.56x
Market Cap
$71.19B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$77.88B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vale S.A. (VALE) | $58.94B | 7.12x | 7.01x | 8.06x | 9.88x |
| CRH plc (CRH)vs › | $56.95B | 6.57x | 7.45x | 9.95x | 8.88x |
| Nucor Corporation (NUE)vs › | $56.25B | 15.64x | 14.36x | 18.01x | 31.83x |
| Air Products and Chemicals, Inc. (APD)vs › | $63.90B | -4.10x | 17.23x | 17.20x | 17.49x |
| Corteva, Inc. (CTVA)vs › | $53.81B | 14.55x | 11.78x | 14.25x | 19.94x |
| Wheaton Precious Metals Corp. (WPM)vs › | $66.05B | 276.45x | 194.16x | 143.86x | 122.90x |
| AngloGold Ashanti plc (AU)vs › | $49.94B | 20.30x | 14.98x | 9.50x | 9.56x |
| Barrick Mining Corporation (B)vs › | $71.19B | 22.63x | 16.58x | 12.59x | 12.71x |
| Ecolab Inc. (ECL)vs › | $77.88B | 12.08x | 9.90x | 8.00x | 7.79x |
| The Sherwin-Williams Company (SHW)vs › | $79.25B | 8.11x | 8.41x | 8.15x | 8.08x |
Interest Coverage
7.1x
Debt/Equity
0.50
Current Ratio
1.19
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 | 7.49x |
| 2026-03-31 | 6.57x |
| 2025-12-31 | 6.58x |
| 2025-09-30 | 9.15x |
| 2025-06-30 | 5.28x |
| 2025-03-31 | 5.45x |
| 2024-12-31 | 1.95x |
| 2024-09-30 | 10.44x |
| 2024-06-30 | 11.37x |
| 2024-03-31 | 7.53x |
| 2023-12-31 | 14.91x |
| 2023-09-30 | 10.09x |
| 2023-06-30 | 8.01x |
| 2023-03-31 | 10.22x |
| 2022-09-30 | 14.34x |
| 2022-06-30 | 13.12x |
| 2022-03-31 | 14.86x |
| 2021-12-31 | 20.49x |
| 2021-09-30 | 25.92x |
| 2021-06-30 | 40.06x |
| 2021-03-31 | 6.38x |
| 2020-12-31 | 1.78x |
| 2020-03-31 | 3.83x |
| 2019-12-31 | -2.13x |
| 2019-09-30 | 3.46x |
| 2019-06-30 | 2.55x |
| 2019-03-31 | -2.27x |
| 2018-12-31 | 9.46x |
| 2018-09-30 | 10.04x |
| 2018-06-30 | 4.04x |
| 2018-03-31 | 5.01x |
| 2017-12-31 | 4.41x |
| 2017-09-30 | 7.98x |
| 2017-06-30 | 2.48x |
| 2017-03-31 | 4.82x |
| 2016-12-31 | 5.05x |
| 2016-09-30 | 5.94x |
| 2016-06-30 | 3.92x |
| 2016-03-31 | 3.29x |
| 2015-12-31 | -37.71x |
| 2015-09-30 | 3.29x |
| 2015-06-30 | 4.32x |
| 2015-03-31 | 3.76x |
| 2014-12-31 | 0.62x |
| 2014-09-30 | 8.46x |
| 2014-06-30 | 3.32x |
| 2014-03-31 | 8.49x |
| 2013-06-30 | 8.62x |
| 2013-03-31 | 8.23x |
| 2012-12-31 | -2.14x |
| 2012-09-30 | 3.88x |
| 2012-06-30 | 12.11x |
| 2012-03-31 | 6.28x |
| 2011-12-31 | 4.85x |
| 2011-09-30 | 24.28x |
| 2011-06-30 | 15.07x |
| 2011-03-31 | 13.69x |
| 2010-12-31 | 7.74x |
| 2010-09-30 | 10.57x |
| 2010-06-30 | 9.01x |
| 2010-03-31 | 4.43x |
| 2009-12-31 | 3.34x |
| 2009-09-30 | 4.90x |
| 2009-06-30 | 3.33x |
| 2009-03-31 | 5.87x |
| 2008-09-30 | 3.90x |
| 2008-06-30 | 15.00x |
| 2008-03-31 | 5.21x |
