Cts (CTS) Interest Coverage Ratio (2010 - 2026)
Cts' (CTS) Interest Coverage Ratio stood at 38.07 in Q2 2026, up 87.7% from 20.28 a year earlier and up 22.6% from the prior quarter.
Cts (CTS) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Cts' Interest Coverage Ratio came in at 26.92 as of Jun 30, 2026, up 68.9% year-over-year; for FY2025, it came in at 19.18, up 14.1% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 16.80 in FY2024 (-25.4%), 22.53 in FY2023 (-46.9%), 42.43 in FY2022 (+17.1%) and 36.23 in FY2021 (+162.7%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2022.
- On a year-over-year basis, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 29.6% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 138.5% in Q3 2021, against a decline of 72.4% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.05 (Q1 2026), 24.90 (Q4 2025) and 18.86 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Cts | 1.68 Bn | 1.29 Bn | 60.05 Mn | 38.07 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.07 |
| Mar 31, 2026 | 31.05 |
| Dec 31, 2025 | 24.90 |
| Sep 30, 2025 | 18.86 |
| Jun 30, 2025 | 20.28 |
| Mar 31, 2025 | 13.95 |
| Dec 31, 2024 | 13.92 |
| Sep 30, 2024 | 15.97 |
| Jun 30, 2024 | 21.33 |
| Mar 31, 2024 | 18.15 |
| Dec 31, 2023 | 19.78 |
| Sep 30, 2023 | 18.24 |
| Jun 30, 2023 | 22.53 |
| Mar 31, 2023 | 31.95 |
| Dec 31, 2022 | 30.81 |
| Sep 30, 2022 | 66.21 |
| Jun 30, 2022 | 37.68 |
| Mar 31, 2022 | 47.70 |
| Dec 31, 2021 | 34.52 |
| Sep 30, 2021 | 36.90 |
Cts Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();