Global Industrial (GIC) Interest Coverage Ratio (2010 - 2026)
Global Industrial's (GIC) quarterly Interest Coverage Ratio came in at 0.17 in Q1 2026, down 7.17% YoY from 0.19 in Q1 2025, and down 98.84% on a QoQ basis from 15.08 in Q4 2025.
Global Industrial (GIC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Global Industrial (GIC) has 17 years of Interest Coverage Ratio data on file, last reported at 0.17 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 7.17% year-over-year to 0.17 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.85 (up 0.88% YoY) and the FY2025 annual result came in at 0.79, down 95.2% from the prior year.
- Interest Coverage Ratio retreated to 0.17 in Q1 2026, from 15.08 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 145.0 in Q4 2024 to a low of 214.0 in Q4 2023.
- A 5-year average of 2.87 and a median of 0.84 in 2024 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 731.17% in 2023, down 7112.43% in 2023.
- Tracing GIC's Interest Coverage Ratio over 5 years: stood at 3.05 in 2022, then sank by 7112.43% to 214.0 in 2023, then jumped by 167.76% to 145.0 in 2024, then sank by 89.6% to 15.08 in 2025, then slumped by 98.84% to 0.17 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.17 (Q1 2026), 15.08 (Q4 2025), and 1.36 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 40.35 |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 386.00 |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 27.82 |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 0.67 |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 4.48 |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 1.82 |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 19.83 |
| 10 | Global Industrial | 1.49 Bn | 1.40 Bn | 155.40 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.42 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 15.08 |
| Sep 30, 2025 | 1.36 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 145.00 |
| Sep 30, 2024 | 1.19 |
| Jun 30, 2024 | 0.25 |
| Mar 31, 2024 | 0.84 |
| Dec 31, 2023 | -214.00 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.87 |
| Dec 31, 2022 | 3.05 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.22 |
| Dec 31, 2021 | 4.28 |
| Dec 31, 2020 | 1.39 |
| Dec 31, 2019 | 0.86 |
| Sep 30, 2019 | 0.20 |