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 11.67x is 21% below its 4-year average of 14.68x, near the low end of its 4-year range (1.78x–54.60x).
As of the fiscal period ended Friday, July 3, 2026. 14.53% below its 12-month average of 13.65x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
11.67x
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
-14.53%
CURRENT VS 3Y AVG
-4.55%
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
8.04x
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
+45.20%
vs the sector median at left
Veralto Corporation
Market Cap
$23.97B
Interest Coverage Ratio
11.67x
TTM Avg
13.65x
3Y Avg
12.22x
5Y Avg
N/A
Market Cap
$23.72B
Interest Coverage Ratio
3.33x
TTM Avg
3.15x
3Y Avg
2.92x
5Y Avg
2.25x
Market Cap
$23.37B
Interest Coverage Ratio
N/A
TTM Avg
137.10x
3Y Avg
2303.50x
5Y Avg
2303.50x
Market Cap
$23.02B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$25.22B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$25.55B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
Market Cap
$21.88B
Interest Coverage Ratio
3.77x
TTM Avg
3.01x
3Y Avg
1.95x
5Y Avg
3.12x
Market Cap
$21.54B
Interest Coverage Ratio
25.43x
TTM Avg
25.43x
3Y Avg
26.27x
5Y Avg
25.11x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.97B | 11.67x | 13.65x | 12.22x | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.72B | 3.33x | 3.15x | 2.92x | 2.25x |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | N/A | 137.10x | 2303.50x | 2303.50x |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 3.79x | 2.65x | 2.41x | 2.72x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 12.19x | 11.36x | 15.94x | 16.89x |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 14.79x | 13.29x | 11.25x | 10.42x |
| Symbotic Inc. (SYM)vs › | $25.78B | N/A | N/A | N/A | N/A |
| MasTec, Inc. (MTZ)vs › | $21.88B | 3.77x | 3.01x | 1.95x | 3.12x |
| Snap-on Incorporated (SNA)vs › | $21.54B | 25.43x | 25.43x | 26.27x | 25.11x |
| Equifax Inc. (EFX)vs › | $21.45B | 5.16x | 4.86x | 4.84x | 5.33x |
Interest Coverage
11.7x
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 |
