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 14.80x is 12% above its 5-year average of 13.26x, around the middle of its 5-year range (10.30x–17.05x).
1.05% below its 12-month average of 14.96x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 15.36x.
INTEREST COVERAGE RATIO
14.80x
INTEREST COVERAGE RATIO AVG TTM
14.96x
INTEREST COVERAGE RATIO AVG 3Y
13.84x
INTEREST COVERAGE RATIO AVG 5Y
13.26x
INTEREST COVERAGE RATIO AVG 10Y
11.28x
INTEREST COVERAGE RATIO AVG 15Y
10.86x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.05%
CURRENT VS 3Y AVG
+6.96%
CURRENT VS 5Y AVG
+11.61%
CURRENT VS 10Y AVG
+31.23%
CURRENT VS 15Y AVG
+36.22%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+114.96%
vs the sector median at left
Zoetis Inc.
Market Cap
$30.78B
Interest Coverage Ratio
14.80x
TTM Avg
14.96x
3Y Avg
13.84x
5Y Avg
13.26x
Market Cap
$31.19B
Interest Coverage Ratio
12.84x
TTM Avg
11.03x
3Y Avg
12.05x
5Y Avg
13.28x
Market Cap
$31.88B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
Market Cap
$31.94B
Interest Coverage Ratio
7.63x
TTM Avg
8.79x
3Y Avg
9.45x
5Y Avg
11.57x
Market Cap
$28.94B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$32.62B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
Market Cap
$33.28B
Interest Coverage Ratio
65.20x
TTM Avg
99.43x
3Y Avg
62.91x
5Y Avg
55.69x
Market Cap
$33.41B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zoetis Inc. (ZTS) | $30.78B | 14.80x | 14.96x | 13.84x | 13.26x |
| Waters Corporation (WAT)vs › | $31.19B | 12.84x | 11.03x | 12.05x | 13.28x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.88B | 1.99x | 1.99x | 1.99x | 1.99x |
| Biogen Inc. (BIIB)vs › | $31.94B | 7.63x | 8.79x | 9.45x | 11.57x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.94B | 6.14x | 5.67x | 11.29x | 26.04x |
| DexCom, Inc. (DXCM)vs › | $32.62B | 49.83x | 40.70x | 32.97x | 24.93x |
| Alcon Inc. (ALC)vs › | $33.05B | 6.67x | 7.13x | 6.15x | 5.89x |
| ResMed Inc. (RMD)vs › | $33.28B | 65.20x | 99.43x | 62.91x | 55.69x |
| Centene Corp. (CNC)vs › | $33.41B | -11.24x | 4.28x | 3.30x | 3.63x |
| Quest Diagnostics Incorporated (DGX)vs › | $27.29B | 5.79x | 5.88x | 7.29x | 9.45x |
Interest Coverage
14.8x
Debt/Equity
2.93
Current Ratio
3.08
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 | 15.36x |
| 2026-03-31 | 13.26x |
| 2025-12-31 | 14.49x |
| 2025-09-30 | 14.63x |
| 2025-06-30 | 17.05x |
| 2025-03-31 | 14.34x |
| 2024-12-31 | 13.66x |
| 2024-09-30 | 15.08x |
| 2024-06-30 | 14.38x |
| 2024-03-31 | 12.92x |
| 2023-12-31 | 12.02x |
| 2023-09-30 | 12.67x |
| 2023-06-30 | 13.24x |
| 2023-03-31 | 10.71x |
| 2022-12-31 | 10.30x |
| 2022-09-30 | 12.68x |
| 2022-06-30 | 12.74x |
| 2022-03-31 | 14.09x |
| 2021-12-31 | 10.46x |
| 2021-09-30 | 12.34x |
| 2021-06-30 | 12.07x |
| 2021-03-31 | 12.58x |
| 2020-12-31 | 8.27x |
| 2020-09-30 | 10.06x |
| 2020-06-30 | 8.92x |
| 2020-03-31 | 9.14x |
| 2019-12-31 | 8.06x |
| 2019-09-30 | 9.25x |
| 2019-06-30 | 8.92x |
| 2019-03-31 | 7.13x |
| 2018-12-31 | 7.03x |
| 2018-09-30 | 9.45x |
| 2018-06-30 | 10.30x |
| 2018-03-31 | 9.81x |
| 2017-12-31 | 10.18x |
| 2017-10-01 | 10.81x |
| 2017-07-02 | 9.34x |
| 2017-04-02 | 8.98x |
| 2016-12-31 | 7.83x |
| 2016-10-02 | 9.20x |
| 2016-07-03 | 8.68x |
| 2016-04-03 | 8.07x |
| 2015-12-31 | 6.00x |
| 2015-09-27 | 10.79x |
| 2015-06-28 | 9.31x |
| 2015-03-29 | 9.25x |
| 2014-12-31 | 6.47x |
| 2014-09-28 | 9.41x |
| 2014-06-29 | 8.34x |
| 2014-03-30 | 8.97x |
| 2013-12-31 | 6.47x |
| 2013-09-29 | 7.28x |
| 2013-06-30 | 5.91x |
| 2013-03-31 | 10.27x |
| 2012-12-31 | 19.13x |
| 2012-09-30 | 30.71x |
| 2012-06-30 | 33.00x |
| 2012-03-31 | 24.75x |
| 2011-12-31 | 16.00x |
| 2011-09-30 | 22.33x |
| 2011-06-30 | 15.22x |
| 2011-03-31 | 16.67x |