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 5.42x is in line with its 5-year average of 4.94x, near the high end of its 5-year range (-0.66x–7.24x).
As of the fiscal period ended Tuesday, March 31, 2026. 21.71% above its 12-month average of 4.46x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.42x
INTEREST COVERAGE RATIO AVG TTM
4.46x
INTEREST COVERAGE RATIO AVG 3Y
5.48x
INTEREST COVERAGE RATIO AVG 5Y
5.22x
INTEREST COVERAGE RATIO AVG 10Y
4.32x
INTEREST COVERAGE RATIO AVG 15Y
6.91x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+21.71%
CURRENT VS 3Y AVG
-1.06%
CURRENT VS 5Y AVG
+3.88%
CURRENT VS 10Y AVG
+25.57%
CURRENT VS 15Y AVG
-21.53%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
-19.88%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.51B
Interest Coverage Ratio
5.42x
TTM Avg
4.46x
3Y Avg
5.48x
5Y Avg
5.22x
Market Cap
$16.97B
Interest Coverage Ratio
16.73x
TTM Avg
11.98x
3Y Avg
11.81x
5Y Avg
13.87x
Market Cap
$20.58B
Interest Coverage Ratio
-5.65x
TTM Avg
0.68x
3Y Avg
1.36x
5Y Avg
1.37x
Market Cap
$15.98B
Interest Coverage Ratio
N/A
TTM Avg
393.08x
3Y Avg
892.58x
5Y Avg
554.26x
Market Cap
$15.12B
Interest Coverage Ratio
6.29x
TTM Avg
4.55x
3Y Avg
4.55x
5Y Avg
4.55x
Market Cap
$21.91B
Interest Coverage Ratio
77.81x
TTM Avg
54.95x
3Y Avg
40.03x
5Y Avg
35.88x
Market Cap
$14.52B
Interest Coverage Ratio
6.83x
TTM Avg
6.50x
3Y Avg
6.73x
5Y Avg
9.55x
Market Cap
$22.60B
Interest Coverage Ratio
18.15x
TTM Avg
14.10x
3Y Avg
10.28x
5Y Avg
10.20x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.51B | 5.42x | 4.46x | 5.48x | 5.22x |
| Hologic, Inc. (HOLX)vs › | $16.97B | 16.73x | 11.98x | 11.81x | 13.87x |
| Viatris Inc. (VTRS)vs › | $20.58B | -5.65x | 0.68x | 1.36x | 1.37x |
| Medpace Holdings, Inc. (MEDP)vs › | $15.98B | N/A | 393.08x | 892.58x | 554.26x |
| Solventum Corporation (SOLV)vs › | $15.12B | 6.29x | 4.55x | 4.55x | 4.55x |
| United Therapeutics Corporation (UTHR)vs › | $21.91B | 77.81x | 54.95x | 40.03x | 35.88x |
| DaVita Inc. (DVA)vs › | $14.72B | 3.66x | 4.05x | 3.97x | 4.62x |
| The Cooper Companies, Inc. (COO)vs › | $14.52B | 6.83x | 6.50x | 6.73x | 9.55x |
| STERIS plc (STE)vs › | $22.60B | 18.15x | 14.10x | 10.28x | 10.20x |
| Baxter International Inc. (BAX)vs › | $14.26B | -1.06x | 0.71x | 2.65x | 6.89x |
Interest Coverage
5.4x
Debt/Equity
0.59
Current Ratio
1.73
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 |
|---|---|
| 2026-03-31 | 5.42x |
| 2025-12-31 | 4.00x |
| 2025-09-30 | 4.66x |
| 2025-06-30 | 3.78x |
| 2025-03-31 | 4.42x |
| 2024-12-31 | 6.28x |
| 2024-09-30 | 5.15x |
| 2024-06-30 | 6.87x |
| 2024-03-31 | 5.24x |
| 2023-12-31 | 7.04x |
| 2023-09-30 | 5.22x |
| 2023-06-30 | 6.39x |
| 2023-03-31 | 6.79x |
| 2022-12-31 | -0.66x |
| 2022-09-30 | 5.80x |
| 2022-06-30 | 7.24x |
| 2022-03-31 | 4.83x |
| 2021-12-31 | 1.62x |
| 2021-09-30 | 4.62x |
| 2021-06-30 | 4.11x |
| 2021-03-31 | 4.95x |
| 2020-12-31 | 4.53x |
| 2020-09-30 | 5.54x |
| 2020-06-30 | -3.18x |
| 2020-03-31 | -8.96x |
| 2019-12-31 | 6.43x |
| 2019-09-30 | 4.33x |
| 2019-06-30 | 3.43x |
| 2019-03-31 | 6.04x |
| 2018-12-31 | -11.94x |
| 2018-09-30 | 3.31x |
| 2018-06-30 | 3.93x |
| 2018-03-31 | 3.91x |
| 2017-12-31 | -0.47x |
| 2017-09-30 | 2.57x |
| 2017-06-30 | 3.40x |
| 2017-03-31 | 4.20x |
| 2016-12-31 | 2.03x |
| 2016-09-30 | 2.14x |
| 2016-06-30 | 2.29x |
| 2016-03-31 | 2.78x |
| 2015-12-31 | 2.37x |
| 2015-09-30 | 1.28x |
| 2015-06-30 | -1.60x |
| 2015-03-31 | 11.68x |
| 2014-12-31 | 14.11x |
| 2014-09-30 | 15.66x |
| 2014-06-30 | 16.51x |
| 2014-03-31 | 20.01x |
| 2013-12-31 | 19.11x |
| 2013-09-30 | 12.38x |
| 2013-06-30 | 11.50x |
| 2013-03-31 | 16.38x |
| 2012-12-31 | 10.61x |
| 2012-09-30 | 13.63x |
| 2012-06-30 | 16.68x |
| 2012-03-31 | 16.80x |
| 2011-12-31 | 2.59x |
| 2011-09-30 | 20.51x |
| 2011-06-30 | 19.78x |
| 2011-03-31 | 22.86x |
| 2010-12-31 | 9.17x |
| 2009-09-30 | 48.57x |
| 2009-06-30 | 74.13x |
| 2009-03-31 | 75.62x |