Eastern (EML) Interest Coverage Ratio (2010 - 2026)
Eastern's (EML) quarterly Interest Coverage Ratio came in at 0.6 in Q2 2026, down 38.5% YoY from 0.98 in Q2 2025, and down 90.35% on a QoQ basis from 6.24 in Q1 2026.
Eastern (EML) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Eastern (EML) has 17 years of Interest Coverage Ratio data on file, last reported at 0.6 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 38.5% year-over-year to 0.6 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 3.8 (down 34.15% YoY) and the FY2026 annual result came in at 2.67, down 43.06% from the prior year.
- Interest Coverage Ratio slipped to 0.6 in Q2 2026, from 6.24 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 9.7 in Q3 2022 to a low of 5.05 in Q4 2022.
- A 5-year average of 2.62 and a median of 1.57 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio slumped 110.55% — and 2026, when it surged 368.76%.
- Tracing EML's Interest Coverage Ratio over 5 years: stood at 5.05 in 2022, then soared by 149.94% to 2.52 in 2023, then slumped by 47.24% to 1.33 in 2024, then tumbled by 69.19% to 0.41 in 2025, then surged by 46.8% to 0.6 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.6 (Q2 2026), 6.24 (Q1 2026), and 0.41 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | 27.35 |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | 13.94 |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | - |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | -22.36 |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | 13.18 |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | 3.24 |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 30.22 |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | - |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 0.60 |
| Jan 3, 2026 | 6.24 |
| Sep 27, 2025 | 0.41 |
| Jun 28, 2025 | 0.71 |
| Mar 29, 2025 | 0.98 |
| Dec 28, 2024 | 1.33 |
| Sep 28, 2024 | 2.95 |
| Jun 29, 2024 | 2.31 |
| Mar 30, 2024 | 1.31 |
| Dec 30, 2023 | 2.52 |
| Sep 28, 2023 | 6.52 |
| Jul 1, 2023 | 1.57 |
| Apr 1, 2023 | 2.97 |
| Dec 31, 2022 | -5.05 |
| Oct 1, 2022 | 8.43 |
| Jul 2, 2022 | 9.70 |
| Apr 2, 2022 | 1.09 |
| Dec 31, 2021 | 47.89 |
| Oct 2, 2021 | 11.26 |
| Jul 3, 2021 | 8.09 |