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 13.26x is in line with its 5-year average of 13.13x, around the middle of its 5-year range (10.30x–17.05x).
As of the fiscal period ended Tuesday, March 31, 2026. 10.13% below its 12-month average of 14.75x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
13.26x
INTEREST COVERAGE RATIO AVG TTM
14.75x
INTEREST COVERAGE RATIO AVG 3Y
13.45x
INTEREST COVERAGE RATIO AVG 5Y
13.13x
INTEREST COVERAGE RATIO AVG 10Y
11.10x
INTEREST COVERAGE RATIO AVG 15Y
10.89x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-10.13%
CURRENT VS 3Y AVG
-1.42%
CURRENT VS 5Y AVG
+0.99%
CURRENT VS 10Y AVG
+19.44%
CURRENT VS 15Y AVG
+21.77%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+95.84%
vs the sector median at left
Zoetis Inc.
Market Cap
$32.40B
Interest Coverage Ratio
13.26x
TTM Avg
14.75x
3Y Avg
13.45x
5Y Avg
13.13x
Market Cap
$32.20B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
Market Cap
$33.22B
Interest Coverage Ratio
2.72x
TTM Avg
2.21x
3Y Avg
1.60x
5Y Avg
1.60x
Market Cap
$30.74B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
Market Cap
$30.72B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$30.60B
Interest Coverage Ratio
133.66x
TTM Avg
81.27x
3Y Avg
57.81x
5Y Avg
48.16x
Market Cap
$29.99B
Interest Coverage Ratio
7.63x
TTM Avg
8.79x
3Y Avg
9.45x
5Y Avg
11.57x
Market Cap
$28.62B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
Market Cap
$27.44B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zoetis Inc. (ZTS) | $32.40B | 13.26x | 14.75x | 13.45x | 13.13x |
| DexCom, Inc. (DXCM)vs › | $32.20B | 49.83x | 40.70x | 32.97x | 24.93x |
| Medline Inc. (MDLN)vs › | $33.22B | 2.72x | 2.21x | 1.60x | 1.60x |
| Centene Corp. (CNC)vs › | $30.74B | -11.24x | 4.28x | 3.30x | 3.63x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 6.14x | 5.67x | 11.29x | 26.04x |
| ResMed Inc. (RMD)vs › | $30.60B | 133.66x | 81.27x | 57.81x | 48.16x |
| Biogen Inc. (BIIB)vs › | $29.99B | 7.63x | 8.79x | 9.45x | 11.57x |
| Mettler-Toledo International Inc. (MTD)vs › | $28.62B | 16.32x | 15.71x | 16.43x | 18.17x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.44B | 1.99x | 1.99x | 1.99x | 1.99x |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 3.14x | 3.21x | 3.42x | 3.19x |
Interest Coverage
13.3x
Debt/Equity
2.85
Current Ratio
3.03
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 | 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 |