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 22.03x is 218% above its 5-year average of 6.93x, around the middle of its 5-year range (-1.58x–36.66x).
24.39% below its 12-month average of 29.14x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 36.66x.
INTEREST COVERAGE RATIO
22.03x
INTEREST COVERAGE RATIO AVG TTM
29.14x
INTEREST COVERAGE RATIO AVG 3Y
15.02x
INTEREST COVERAGE RATIO AVG 5Y
6.93x
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
-24.39%
CURRENT VS 3Y AVG
+46.66%
CURRENT VS 5Y AVG
+218.03%
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
+180.64%
vs the sector median at left
Vertiv Holdings Co
Market Cap
$97.58B
Interest Coverage Ratio
22.03x
TTM Avg
29.14x
3Y Avg
15.02x
5Y Avg
6.93x
Market Cap
$96.61B
Interest Coverage Ratio
6.26x
TTM Avg
6.43x
3Y Avg
6.65x
5Y Avg
8.43x
Market Cap
$96.33B
Interest Coverage Ratio
17.44x
TTM Avg
16.06x
3Y Avg
13.82x
5Y Avg
11.68x
Market Cap
$92.91B
Interest Coverage Ratio
17.06x
TTM Avg
14.63x
3Y Avg
12.67x
5Y Avg
11.46x
Market Cap
$90.17B
Interest Coverage Ratio
14.11x
TTM Avg
11.65x
3Y Avg
8.38x
5Y Avg
6.52x
Market Cap
$86.40B
Interest Coverage Ratio
9.13x
TTM Avg
8.69x
3Y Avg
9.57x
5Y Avg
11.00x
Market Cap
$86.31B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$83.01B
Interest Coverage Ratio
5.05x
TTM Avg
6.00x
3Y Avg
7.19x
5Y Avg
7.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertiv Holdings Co (VRT) | $97.58B | 22.03x | 29.14x | 15.02x | 6.93x |
| Quanta Services, Inc. (PWR)vs › | $96.61B | 6.26x | 6.43x | 6.65x | 8.43x |
| Trane Technologies plc (TT)vs › | $96.33B | 17.44x | 16.06x | 13.82x | 11.68x |
| General Dynamics Corporation (GD)vs › | $92.91B | 17.06x | 14.63x | 12.67x | 11.46x |
| Howmet Aerospace Inc. (HWM)vs › | $90.17B | 14.11x | 11.65x | 8.38x | 6.52x |
| 3M Company (MMM)vs › | $87.32B | 6.34x | 5.25x | 5.76x | 8.68x |
| Emerson Electric Co. (EMR)vs › | $86.40B | 9.13x | 8.69x | 9.57x | 11.00x |
| CSX Corporation (CSX)vs › | $86.31B | 5.36x | 5.91x | 6.65x | 6.58x |
| Waste Management, Inc. (WM)vs › | $83.01B | 5.05x | 6.00x | 7.19x | 7.13x |
| Bloom Energy Corporation (BE)vs › | $81.45B | 1.35x | 0.86x | 0.86x | 0.86x |
Interest Coverage
22.0x
Debt/Equity
0.68
Current Ratio
1.38
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 | 36.66x |
| 2025-12-31 | 35.96x |
| 2025-09-30 | 22.66x |
| 2025-06-30 | 21.26x |
| 2025-03-31 | 11.44x |
| 2024-12-31 | 15.10x |
| 2024-09-30 | 10.53x |
| 2024-06-30 | 7.40x |
| 2024-03-31 | 5.19x |
| 2023-12-31 | 3.47x |
| 2023-09-30 | 5.86x |
| 2023-06-30 | 4.71x |
| 2023-03-31 | 3.03x |
| 2022-12-31 | 3.50x |
| 2022-09-30 | 2.06x |
| 2022-06-30 | 0.84x |
| 2022-03-31 | -1.58x |
| 2021-12-31 | -0.20x |
| 2021-09-30 | 4.12x |
| 2021-06-30 | 5.29x |
| 2021-03-31 | 3.16x |
| 2020-12-31 | 5.20x |
| 2020-09-30 | 4.88x |
| 2020-06-30 | 2.92x |
| 2020-03-31 | -0.15x |
| 2019-12-31 | 0.83x |
| 2019-09-30 | 0.78x |
| 2019-06-30 | 0.91x |
| 2019-03-31 | 0.36x |