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 8.31x is 23% above its 5-year average of 6.76x, around the middle of its 5-year range (4.51x–10.30x).
7.69% above its 12-month average of 7.72x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 8.00x.
INTEREST COVERAGE RATIO
8.31x
INTEREST COVERAGE RATIO AVG TTM
7.72x
INTEREST COVERAGE RATIO AVG 3Y
7.58x
INTEREST COVERAGE RATIO AVG 5Y
6.76x
INTEREST COVERAGE RATIO AVG 10Y
5.28x
INTEREST COVERAGE RATIO AVG 15Y
13.72x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.69%
CURRENT VS 3Y AVG
+9.68%
CURRENT VS 5Y AVG
+22.89%
CURRENT VS 10Y AVG
+57.50%
CURRENT VS 15Y AVG
-39.45%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+5.86%
vs the sector median at left
Westinghouse Air Brake Technologies Corporation
Market Cap
$47.84B
Interest Coverage Ratio
8.31x
TTM Avg
7.72x
3Y Avg
7.58x
5Y Avg
6.76x
Market Cap
$47.67B
Interest Coverage Ratio
9.12x
TTM Avg
8.74x
3Y Avg
10.37x
5Y Avg
10.03x
Market Cap
$47.37B
Interest Coverage Ratio
5.53x
TTM Avg
4.58x
3Y Avg
5.55x
5Y Avg
6.80x
Market Cap
$45.72B
Interest Coverage Ratio
3.60x
TTM Avg
3.29x
3Y Avg
3.30x
5Y Avg
4.95x
Market Cap
$50.16B
Interest Coverage Ratio
3.98x
TTM Avg
3.98x
3Y Avg
3.98x
5Y Avg
3.98x
Market Cap
$45.31B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$44.03B
Interest Coverage Ratio
7.85x
TTM Avg
6.72x
3Y Avg
24.68x
5Y Avg
30.27x
Market Cap
$43.16B
Interest Coverage Ratio
17.17x
TTM Avg
15.45x
3Y Avg
15.04x
5Y Avg
17.58x
Market Cap
$52.55B
Interest Coverage Ratio
8.57x
TTM Avg
8.30x
3Y Avg
6.70x
5Y Avg
5.65x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Westinghouse Air Brake Technologies Corporation (WAB) | $47.84B | 8.31x | 7.72x | 7.58x | 6.76x |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 9.12x | 8.74x | 10.37x | 10.03x |
| Carrier Global Corporation (CARR)vs › | $47.37B | 5.53x | 4.58x | 5.55x | 6.80x |
| L3Harris Technologies, Inc. (LHX)vs › | $45.72B | 3.60x | 3.29x | 3.30x | 4.95x |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | 3.98x | 3.98x | 3.98x | 3.98x |
| HEICO Corporation (HEI-A)vs › | $45.31B | 7.85x | 6.72x | 24.68x | 30.27x |
| HEICO Corporation (HEI)vs › | $44.03B | 7.85x | 6.72x | 24.68x | 30.27x |
| Ferguson plc (FERG)vs › | $43.16B | 17.17x | 15.45x | 15.04x | 17.58x |
| Delta Air Lines, Inc. (DAL)vs › | $52.55B | 8.57x | 8.30x | 6.70x | 5.65x |
| Thomson Reuters Corporation (TRI)vs › | $42.50B | 10.87x | 11.70x | 11.02x | 10.15x |
Interest Coverage
8.3x
Debt/Equity
0.62
Current Ratio
1.12
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 | 8.00x |
| 2026-03-31 | 7.28x |
| 2025-12-31 | 5.49x |
| 2025-09-30 | 7.55x |
| 2025-06-30 | 10.26x |
| 2025-03-31 | 10.30x |
| 2024-12-31 | 6.30x |
| 2024-09-30 | 8.33x |
| 2024-06-30 | 8.78x |
| 2024-03-31 | 8.77x |
| 2023-12-31 | 5.60x |
| 2023-09-30 | 6.17x |
| 2023-06-30 | 5.67x |
| 2023-03-31 | 5.75x |
| 2022-12-31 | 4.84x |
| 2022-09-30 | 5.44x |
| 2022-06-30 | 6.00x |
| 2022-03-31 | 5.56x |
| 2021-12-31 | 6.24x |
| 2021-09-30 | 5.17x |
| 2021-06-30 | 4.51x |
| 2021-03-31 | 4.00x |
| 2020-12-31 | 3.31x |
| 2020-09-30 | 4.53x |
| 2020-06-30 | 3.10x |
| 2020-03-31 | 4.08x |
| 2019-12-31 | 3.88x |
| 2019-09-30 | 2.93x |
| 2019-06-30 | 3.43x |
| 2019-03-31 | 1.51x |
| 2018-12-31 | 2.57x |
| 2018-09-30 | 5.28x |
| 2018-06-30 | 3.87x |
| 2018-03-31 | 6.47x |
| 2017-12-31 | 5.16x |
| 2017-09-30 | 5.07x |
| 2017-07-01 | 6.45x |
| 2017-03-31 | 5.77x |
| 2016-12-31 | 2.36x |
| 2016-09-30 | 19.83x |
| 2016-06-30 | 26.82x |
| 2016-03-31 | 29.19x |
| 2015-12-31 | 36.09x |
| 2015-09-30 | 34.95x |
| 2015-06-30 | 38.57x |
| 2015-03-31 | 34.47x |
| 2014-12-31 | 34.20x |
| 2014-09-30 | 29.60x |
| 2014-06-30 | 29.24x |
| 2014-03-31 | 27.38x |
| 2013-12-31 | 24.04x |
| 2013-09-30 | 28.69x |
| 2013-06-30 | 34.41x |
| 2013-03-31 | 28.68x |
| 2012-12-31 | 25.45x |
| 2012-09-30 | 31.54x |
| 2012-06-30 | 28.74x |
| 2012-03-31 | 25.27x |
| 2011-12-31 | 19.25x |
| 2011-09-30 | 20.05x |
| 2011-06-30 | 14.86x |
| 2011-03-31 | 18.02x |
| 2010-12-31 | 13.09x |
| 2010-09-30 | 12.67x |
| 2010-06-30 | 12.13x |
| 2010-03-31 | 13.08x |
| 2009-12-31 | 9.24x |
| 2009-09-30 | 12.41x |
| 2009-06-30 | 10.42x |
| 2009-03-31 | 11.29x |
| 2008-09-30 | 27.00x |
| 2008-06-30 | 43.25x |