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 13.30x is in line with its 4-year average of 12.22x, near the low end of its 4-year range (1.78x–54.60x).
2.57% below its 12-month average of 13.65x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-03): 11.67x.
INTEREST COVERAGE RATIO
13.30x
INTEREST COVERAGE RATIO AVG TTM
13.65x
INTEREST COVERAGE RATIO AVG 3Y
12.22x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.57%
CURRENT VS 3Y AVG
+8.81%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+69.43%
vs the sector median at left
Veralto Corporation
Market Cap
$23.35B
Interest Coverage Ratio
13.30x
TTM Avg
13.65x
3Y Avg
12.22x
5Y Avg
N/A
Market Cap
$24.24B
Interest Coverage Ratio
18.99x
TTM Avg
16.89x
3Y Avg
19.09x
5Y Avg
15.72x
Market Cap
$22.30B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$24.52B
Interest Coverage Ratio
N/A
TTM Avg
137.10x
3Y Avg
2303.50x
5Y Avg
2303.50x
Market Cap
$22.11B
Interest Coverage Ratio
15.40x
TTM Avg
12.34x
3Y Avg
11.31x
5Y Avg
8.51x
Market Cap
$25.12B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$25.18B
Interest Coverage Ratio
42.17x
TTM Avg
32.55x
3Y Avg
22.71x
5Y Avg
17.22x
Market Cap
$20.80B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.35B | 13.30x | 13.65x | 12.22x | N/A |
| Hubbell Incorporated (HUBB)vs › | $24.24B | 18.99x | 16.89x | 19.09x | 15.72x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.30B | 12.19x | 11.36x | 15.94x | 16.89x |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.52B | N/A | 137.10x | 2303.50x | 2303.50x |
| MTU Aero Engines AG (MTUAY)vs › | $22.11B | 15.40x | 12.34x | 11.31x | 8.51x |
| Dover Corporation (DOV)vs › | $25.12B | 12.51x | 10.86x | 10.50x | 10.39x |
| Xylem Inc. (XYL)vs › | $25.18B | 42.17x | 32.55x | 22.71x | 17.22x |
| ATI Inc. (ATI)vs › | $25.46B | 5.73x | 5.32x | 4.62x | 3.94x |
| XPO Logistics, Inc. (XPO)vs › | $20.80B | 3.33x | 3.15x | 2.92x | 2.25x |
| Otis Worldwide Corporation (OTIS)vs › | $25.92B | 10.88x | 10.88x | 13.22x | 13.72x |
Interest Coverage
13.3x
Debt/Equity
1.09
Current Ratio
1.78
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 |
|---|---|
| 2026-07-03 | 11.67x |
| 2026-04-03 | 14.08x |
| 2025-12-31 | 15.80x |
| 2025-10-03 | 15.52x |
| 2025-07-04 | 11.18x |
| 2025-04-04 | 11.93x |
| 2024-12-31 | 11.00x |
| 2024-09-27 | 11.41x |
| 2024-06-28 | 9.97x |
| 2024-03-31 | 10.46x |
| 2023-12-31 | 11.44x |
| 2023-09-30 | 54.60x |
| 2022-12-31 | 1.78x |
