Global Industrial (GIC) Interest Coverage Ratio (2010 - 2025)
Global Industrial (GIC) reported Interest Coverage Ratio of 182.0 for Q1 2025, up 109.2% on a YoY basis from 87.0 in Q1 2024, and up 225.52% quarter-over-quarter from 145.0 in Q4 2024.
Global Industrial (GIC) Interest Coverage Ratio (2010 - 2025) Analysis & Trends
Global Industrial has reported Interest Coverage Ratio for 9 years, with the latest figure at 182.0 in Q1 2025.
- For the quarter ending Q1 2025, Interest Coverage Ratio rose 109.2% year-over-year to 182.0; the trailing twelve-month figure through Dec 2025 stood at 976.0 (up 21.24% YoY), and the FY2024 full-year result was 402.5, up 358.81% from the prior year.
- Interest Coverage Ratio for Q1 2025 stood at 182.0, up from 145.0 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 182.0 in Q1 2025, with the low at 214.0 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 9.94 across 3 years, with a median of 40.29 in 2023.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio jumped 32.24% — and 2025, when it surged 109.2%.
- Global Industrial's Interest Coverage Ratio stood at 214.0 in 2023, then jumped by 32.24% to 145.0 in 2024, then soared by 225.52% to 182.0 in 2025.
- The last three Interest Coverage Ratio figures came in at 182.0 (Q1 2025), 145.0 (Q4 2024), and 87.0 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | - |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 559.50 |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | - |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 4.07 |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | - |
| 10 | Global Industrial | 1.19 Bn | 1.13 Bn | 121.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 182.00 |
| Dec 31, 2024 | -145.00 |
| Mar 31, 2024 | 87.00 |
| Dec 31, 2023 | -214.00 |
| Sep 30, 2023 | 40.29 |
| Sep 30, 2015 | 11.33 |
| Jun 30, 2015 | -83.50 |
| Mar 31, 2015 | -40.33 |
| Dec 31, 2014 | 7.67 |
| Sep 30, 2014 | -9.00 |
| Jun 30, 2014 | -13.50 |
| Mar 31, 2014 | -4.33 |
| Dec 31, 2013 | 30.00 |
| Sep 30, 2013 | -12.67 |
| Jun 30, 2013 | -17.00 |
| Mar 31, 2013 | -29.00 |
| Dec 31, 2012 | -117.00 |
| Sep 30, 2012 | -4.75 |
| Jun 30, 2012 | -4.00 |
| Mar 31, 2012 | 27.00 |