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 -20.29x is 104% below its 5-year average of 477.14x, near the low end of its 5-year range (-20.29x–9798.50x).
As of the fiscal period ended Tuesday, December 31, 2024.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-20.29x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
1314.32x
INTEREST COVERAGE RATIO AVG 5Y
477.14x
INTEREST COVERAGE RATIO AVG 10Y
149.83x
INTEREST COVERAGE RATIO AVG 15Y
70.53x
INTEREST COVERAGE RATIO AVG 20Y
53.88x
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-101.54%
CURRENT VS 5Y AVG
-104.25%
CURRENT VS 10Y AVG
-113.54%
CURRENT VS 15Y AVG
-128.76%
CURRENT VS 20Y AVG
-137.65%
SECTOR MEDIAN · INDUSTRIALS
7.78x
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
-360.76%
vs the sector median at left
Watsco, Inc.
Market Cap
$12.89B
Interest Coverage Ratio
-20.29x
TTM Avg
N/A
3Y Avg
1314.32x
5Y Avg
477.14x
Market Cap
$12.89B
Interest Coverage Ratio
211.11x
TTM Avg
206.35x
3Y Avg
148.80x
5Y Avg
129.44x
Market Cap
$12.51B
Interest Coverage Ratio
69.22x
TTM Avg
41.87x
3Y Avg
31.74x
5Y Avg
24.50x
Market Cap
$13.52B
Interest Coverage Ratio
24.83x
TTM Avg
24.14x
3Y Avg
19.72x
5Y Avg
19.62x
Market Cap
$13.58B
Interest Coverage Ratio
8.51x
TTM Avg
8.08x
3Y Avg
7.88x
5Y Avg
8.33x
Market Cap
$12.07B
Interest Coverage Ratio
37.54x
TTM Avg
25.31x
3Y Avg
15.54x
5Y Avg
11.94x
Market Cap
$11.71B
Interest Coverage Ratio
5.79x
TTM Avg
5.71x
3Y Avg
6.29x
5Y Avg
6.28x
Market Cap
$14.16B
Interest Coverage Ratio
12.88x
TTM Avg
12.88x
3Y Avg
11.79x
5Y Avg
9.94x
Market Cap
$14.17B
Interest Coverage Ratio
1.88x
TTM Avg
2.13x
3Y Avg
3.47x
5Y Avg
3.78x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Watsco, Inc. (WSO) | $12.89B | -20.29x | N/A | 1314.32x | 477.14x |
| Graco Inc. (GGG)vs › | $12.89B | 211.11x | 206.35x | 148.80x | 129.44x |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.51B | 69.22x | 41.87x | 31.74x | 24.50x |
| Lennox International Inc. (LII)vs › | $13.52B | 24.83x | 24.14x | 19.72x | 19.62x |
| Allegion plc (ALLE)vs › | $13.58B | 8.51x | 8.08x | 7.88x | 8.33x |
| Crane Company (CR)vs › | $12.07B | 37.54x | 25.31x | 15.54x | 11.94x |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 5.79x | 5.71x | 6.29x | 6.28x |
| Textron Inc. (TXT)vs › | $14.16B | 12.88x | 12.88x | 11.79x | 9.94x |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 1.88x | 2.13x | 3.47x | 3.78x |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 4.09x | 5.04x | 6.09x | 10.13x |
Interest Coverage
-20.3x
Debt/Equity
0.18
Current Ratio
3.20
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 |
|---|---|
| 2024-12-31 | -20.29x |
| 2023-09-30 | 135.78x |
| 2023-06-30 | 77.81x |
| 2023-03-31 | 267.87x |
| 2022-12-31 | 9798.50x |
| 2022-09-30 | 489.14x |
| 2022-06-30 | 258.65x |
| 2022-03-31 | 306.54x |
| 2021-12-31 | 514.92x |
| 2021-09-30 | 935.74x |
| 2021-06-30 | 483.89x |
| 2021-03-31 | 930.45x |
| 2020-12-31 | 1202.78x |
| 2020-09-30 | 1451.68x |
| 2020-06-30 | 456.71x |
| 2020-03-31 | 57.27x |
| 2019-12-31 | 85.30x |
| 2019-09-30 | 87.39x |
| 2019-06-30 | 110.89x |
| 2019-03-31 | 71.05x |
| 2018-12-31 | 160.28x |
| 2018-09-30 | 116.81x |
| 2018-06-30 | 180.01x |
| 2018-03-31 | 95.46x |
| 2017-12-31 | 45.66x |
| 2017-09-30 | 54.07x |
| 2017-06-30 | 78.54x |
| 2017-03-31 | 38.80x |
| 2016-12-31 | 85.78x |
| 2016-09-30 | 119.78x |
| 2016-06-30 | 111.57x |
| 2016-03-31 | 51.39x |
| 2015-12-31 | 53.09x |
| 2015-09-30 | 72.86x |
| 2015-06-30 | 76.60x |
| 2015-03-31 | 34.14x |
| 2014-12-31 | 36.71x |
| 2014-09-30 | 68.60x |
| 2014-06-30 | 90.60x |
| 2014-03-31 | 35.24x |
| 2013-12-31 | 34.02x |
| 2013-09-30 | 53.60x |
| 2013-06-30 | 62.25x |
| 2013-03-31 | 25.85x |
| 2012-12-31 | 26.92x |
| 2012-09-30 | 72.32x |
| 2012-06-30 | 63.61x |
| 2012-03-31 | 3.37x |
| 2011-12-31 | 3.11x |
| 2011-09-30 | 3.79x |
| 2011-06-30 | 4.38x |
| 2011-03-31 | 20.33x |
| 2010-12-31 | 26.26x |
| 2010-09-30 | 73.64x |
| 2010-06-30 | 79.33x |
| 2010-03-31 | 9.88x |
| 2009-12-31 | 14.47x |
| 2009-09-30 | 40.21x |
| 2009-06-30 | 76.44x |
| 2009-03-31 | -4.76x |
| 2008-12-31 | 14.24x |
| 2008-09-30 | 59.66x |
| 2008-06-30 | 109.37x |
| 2008-03-31 | 21.56x |
| 2007-12-31 | 10.61x |
| 2007-09-30 | 30.52x |
| 2007-06-30 | 19.87x |
| 2007-03-31 | 40.12x |
| 2006-12-31 | 24.04x |
| 2006-09-30 | 42.89x |
| 2006-06-30 | 42.01x |
| 2006-03-31 | 27.34x |
| 2005-12-31 | 40.94x |
| 2005-09-30 | 53.68x |
| 2005-06-30 | 37.95x |
| 2005-03-31 | 15.13x |
| 2004-12-31 | 12.37x |
| 2004-09-30 | 22.54x |
| 2004-06-30 | 27.83x |
| 2004-03-31 | 10.21x |
| 2003-12-31 | 7.50x |
| 2003-09-30 | 17.13x |
| 2003-06-30 | 14.62x |
| 2003-03-31 | 5.00x |
| 2002-12-31 | 1.07x |
| 2002-09-30 | 12.77x |
