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 5.05x is 30% below its 5-year average of 7.25x, near the low end of its 5-year range (4.43x–10.36x).
3.33% below its 12-month average of 5.22x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 5.38x.
INTEREST COVERAGE RATIO
5.05x
INTEREST COVERAGE RATIO AVG TTM
5.22x
INTEREST COVERAGE RATIO AVG 3Y
6.40x
INTEREST COVERAGE RATIO AVG 5Y
7.25x
INTEREST COVERAGE RATIO AVG 10Y
6.94x
INTEREST COVERAGE RATIO AVG 15Y
6.19x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.33%
CURRENT VS 3Y AVG
-21.04%
CURRENT VS 5Y AVG
-30.37%
CURRENT VS 10Y AVG
-27.26%
CURRENT VS 15Y AVG
-18.47%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-35.67%
vs the sector median at left
Waste Management, Inc.
Market Cap
$82.23B
Interest Coverage Ratio
5.05x
TTM Avg
5.22x
3Y Avg
6.40x
5Y Avg
7.25x
Market Cap
$79.63B
Interest Coverage Ratio
7.78x
TTM Avg
8.94x
3Y Avg
12.16x
5Y Avg
13.22x
Market Cap
$78.80B
Interest Coverage Ratio
24.52x
TTM Avg
23.93x
3Y Avg
21.15x
5Y Avg
19.43x
Market Cap
$86.60B
Interest Coverage Ratio
5.36x
TTM Avg
5.91x
3Y Avg
6.65x
5Y Avg
6.58x
Market Cap
$77.11B
Interest Coverage Ratio
14.44x
TTM Avg
14.75x
3Y Avg
15.84x
5Y Avg
15.76x
Market Cap
$87.44B
Interest Coverage Ratio
1.35x
TTM Avg
0.86x
3Y Avg
0.86x
5Y Avg
0.86x
Market Cap
$88.01B
Interest Coverage Ratio
9.13x
TTM Avg
8.69x
3Y Avg
9.57x
5Y Avg
11.00x
Market Cap
$75.73B
Interest Coverage Ratio
6.40x
TTM Avg
6.44x
3Y Avg
5.92x
5Y Avg
6.36x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $82.23B | 5.05x | 5.22x | 6.40x | 7.25x |
| United Parcel Service, Inc. (UPS)vs › | $79.63B | 7.78x | 8.94x | 12.16x | 13.22x |
| Cintas Corporation (CTAS)vs › | $78.80B | 24.52x | 23.93x | 21.15x | 19.43x |
| 3M Company (MMM)vs › | $86.33B | 6.34x | 5.25x | 5.76x | 8.68x |
| CSX Corporation (CSX)vs › | $86.60B | 5.36x | 5.91x | 6.65x | 6.58x |
| Illinois Tool Works Inc. (ITW)vs › | $77.11B | 14.44x | 14.75x | 15.84x | 15.76x |
| Bloom Energy Corporation (BE)vs › | $87.44B | 1.35x | 0.86x | 0.86x | 0.86x |
| Emerson Electric Co. (EMR)vs › | $88.01B | 9.13x | 8.69x | 9.57x | 11.00x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $75.73B | 6.40x | 6.44x | 5.92x | 6.36x |
| General Dynamics Corporation (GD)vs › | $89.81B | 17.06x | 14.63x | 12.67x | 11.46x |
Interest Coverage
5.0x
Debt/Equity
2.35
Current Ratio
0.91
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 | 5.38x |
| 2026-03-31 | 4.95x |
| 2025-12-31 | 5.27x |
| 2025-09-30 | 5.40x |
| 2025-06-30 | 5.12x |
| 2025-03-31 | 4.43x |
| 2024-12-31 | 4.68x |
| 2024-09-30 | 8.60x |
| 2024-06-30 | 7.85x |
| 2024-03-31 | 7.80x |
| 2023-12-31 | 8.06x |
| 2023-09-30 | 8.04x |
| 2023-06-30 | 7.56x |
| 2023-03-31 | 6.88x |
| 2022-12-31 | 7.43x |
| 2022-09-30 | 10.36x |
| 2022-06-30 | 9.57x |
| 2022-03-31 | 9.24x |
| 2021-12-31 | 8.69x |
| 2021-09-30 | 8.89x |
| 2021-06-30 | 8.11x |
| 2021-03-31 | 6.89x |
| 2020-12-31 | 6.40x |
| 2020-09-30 | 7.15x |
| 2020-06-30 | 4.96x |
| 2020-03-31 | 5.12x |
| 2019-12-31 | 6.29x |
| 2019-09-30 | 7.01x |
| 2019-06-30 | 7.03x |
| 2019-03-31 | 6.49x |
| 2018-12-31 | 7.45x |
| 2018-09-30 | 7.83x |
| 2018-06-30 | 7.28x |
| 2018-03-31 | 6.67x |
| 2017-12-31 | 3.26x |
| 2017-09-30 | 7.96x |
| 2017-06-30 | 7.53x |
| 2017-03-31 | 6.25x |
| 2016-12-31 | 6.62x |
| 2016-09-30 | 7.32x |
| 2016-06-30 | 6.57x |
| 2016-03-31 | 5.35x |
| 2015-12-31 | 5.52x |
| 2015-09-30 | 6.33x |
| 2015-06-30 | 5.28x |
| 2015-03-31 | 4.23x |
| 2014-12-31 | 6.54x |
| 2014-09-30 | 4.71x |
| 2014-06-30 | 4.63x |
| 2014-03-31 | 3.84x |
| 2013-12-31 | -3.47x |
| 2013-09-30 | 4.85x |
| 2013-06-30 | 4.18x |
| 2013-03-31 | 3.30x |
| 2012-12-31 | 3.97x |
| 2012-09-30 | 4.07x |
| 2012-06-30 | 3.85x |
| 2012-03-31 | 3.29x |
| 2011-12-31 | 4.49x |
| 2011-09-30 | 4.60x |
| 2011-06-30 | 4.25x |
| 2011-03-31 | 3.53x |
| 2010-12-31 | 4.82x |
| 2010-09-30 | 4.32x |
| 2010-06-30 | 5.05x |
| 2010-03-31 | 3.68x |
| 2009-12-31 | 4.15x |
| 2009-09-30 | 5.05x |
| 2009-06-30 | 4.99x |
| 2009-03-31 | 3.54x |
| 2008-06-30 | 6.02x |