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 3.33x is in line with its 5-year average of 3.18x, near the high end of its 5-year range (-20.72x–5.69x).
14.98% below its 12-month average of 3.92x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 5.69x.
INTEREST COVERAGE RATIO
3.33x
INTEREST COVERAGE RATIO AVG TTM
3.92x
INTEREST COVERAGE RATIO AVG 3Y
3.13x
INTEREST COVERAGE RATIO AVG 5Y
3.18x
INTEREST COVERAGE RATIO AVG 10Y
2.84x
INTEREST COVERAGE RATIO AVG 15Y
1.61x
INTEREST COVERAGE RATIO AVG 20Y
1.80x
CURRENT VS TTM AVG
-14.98%
CURRENT VS 3Y AVG
+6.49%
CURRENT VS 5Y AVG
+4.63%
CURRENT VS 10Y AVG
+17.18%
CURRENT VS 15Y AVG
+106.86%
CURRENT VS 20Y AVG
+85.22%
SECTOR MEDIAN · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-57.58%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$21.07B
Interest Coverage Ratio
3.33x
TTM Avg
3.92x
3Y Avg
3.13x
5Y Avg
3.18x
Market Cap
$20.14B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
Market Cap
$22.04B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$20.08B
Interest Coverage Ratio
3.79x
TTM Avg
2.65x
3Y Avg
2.41x
5Y Avg
2.72x
Market Cap
$22.18B
Interest Coverage Ratio
15.40x
TTM Avg
12.34x
3Y Avg
11.31x
5Y Avg
8.51x
Market Cap
$19.15B
Interest Coverage Ratio
25.43x
TTM Avg
25.43x
3Y Avg
26.27x
5Y Avg
25.11x
Market Cap
$23.37B
Interest Coverage Ratio
13.30x
TTM Avg
12.00x
3Y Avg
20.66x
5Y Avg
20.66x
Market Cap
$18.25B
Interest Coverage Ratio
5.16x
TTM Avg
4.86x
3Y Avg
4.84x
5Y Avg
5.33x
Market Cap
$17.91B
Interest Coverage Ratio
7.16x
TTM Avg
7.37x
3Y Avg
14.35x
5Y Avg
15.40x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $21.07B | 3.33x | 3.92x | 3.13x | 3.18x |
| Curtiss-Wright Corporation (CW)vs › | $20.14B | 14.79x | 13.29x | 11.25x | 10.42x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.04B | 12.19x | 11.36x | 15.94x | 16.89x |
| Southwest Airlines Co. (LUV)vs › | $20.08B | 3.79x | 2.65x | 2.41x | 2.72x |
| MTU Aero Engines AG (MTUAY)vs › | $22.18B | 15.40x | 12.34x | 11.31x | 8.51x |
| Snap-on Incorporated (SNA)vs › | $19.15B | 25.43x | 25.43x | 26.27x | 25.11x |
| Veralto Corporation (VLTO)vs › | $23.37B | 13.30x | 12.00x | 20.66x | 20.66x |
| Equifax Inc. (EFX)vs › | $18.25B | 5.16x | 4.86x | 4.84x | 5.33x |
| Nordson Corporation (NDSN)vs › | $17.91B | 7.16x | 7.37x | 14.35x | 15.40x |
| WESCO International, Inc. (WCC)vs › | $17.83B | 3.19x | 3.27x | 3.76x | 3.26x |
Interest Coverage
3.3x
Debt/Equity
2.03
Current Ratio
1.01
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 | 5.69x |
| 2026-03-31 | 3.47x |
| 2025-12-31 | 3.06x |
| 2025-09-30 | 3.83x |
| 2025-06-30 | 3.54x |
| 2025-03-31 | 2.70x |
| 2024-12-31 | 2.81x |
| 2024-09-30 | 3.14x |
| 2024-06-30 | 3.52x |
| 2024-03-31 | 2.38x |
| 2023-12-31 | 2.83x |
| 2023-09-30 | 3.76x |
| 2023-06-30 | 2.49x |
| 2023-03-31 | 1.38x |
| 2022-12-31 | -20.72x |
| 2022-09-30 | 3.97x |
| 2022-06-30 | 5.52x |
| 2022-03-31 | 1.70x |
| 2021-12-31 | 4.97x |
| 2021-09-30 | 2.11x |
| 2021-06-30 | 3.29x |
| 2021-03-31 | 2.14x |
| 2020-12-31 | 2.68x |
| 2020-09-30 | 1.35x |
| 2020-06-30 | -1.72x |
| 2020-03-31 | 1.13x |
| 2019-12-31 | 2.73x |
| 2019-09-30 | 3.05x |
| 2019-06-30 | 3.58x |
| 2019-03-31 | 1.86x |
| 2018-12-31 | 2.44x |
| 2018-09-30 | 4.10x |
| 2018-06-30 | 4.15x |
| 2018-03-31 | 2.39x |
| 2017-12-31 | 2.23x |
| 2017-09-30 | 2.44x |
| 2017-06-30 | 2.36x |
| 2017-03-31 | 1.37x |
| 2016-12-31 | 1.08x |
| 2016-09-30 | 1.82x |
| 2016-06-30 | 1.80x |
| 2016-03-31 | 0.67x |
| 2015-12-31 | -0.40x |
| 2015-09-30 | 0.72x |
| 2015-06-30 | -0.83x |
| 2015-03-31 | -0.21x |
| 2014-12-31 | 0.36x |
| 2014-09-30 | -0.76x |
| 2014-06-30 | -3.50x |
| 2014-03-31 | -2.12x |
| 2013-12-31 | -1.53x |
| 2013-09-30 | -2.87x |
| 2013-06-30 | -4.51x |
| 2013-03-31 | -3.71x |
| 2012-12-31 | -3.49x |
| 2012-09-30 | -618.67x |
| 2012-06-30 | -1122.67x |
| 2012-03-31 | -352.00x |
| 2011-12-31 | -51.93x |
| 2011-09-30 | 9.59x |
| 2011-06-30 | 34.96x |
| 2011-03-31 | 40.82x |
| 2010-12-31 | 20.94x |
| 2010-09-30 | 91.25x |
| 2010-06-30 | 30.01x |
| 2010-03-31 | 76.20x |
| 2009-12-31 | 36.19x |
| 2009-09-30 | 55.58x |
| 2009-06-30 | 24.27x |
| 2009-03-31 | -1.23x |
| 2008-12-31 | 7.19x |
| 2008-09-30 | 19.20x |
| 2008-06-30 | 13.75x |
| 2008-03-31 | 12.00x |
| 2007-09-30 | 59.85x |
| 2007-06-30 | 37.41x |
| 2007-03-31 | 125.83x |
