Global Industrial (GIC) Interest Coverage Ratio (2010 - 2025)
Global Industrial's (GIC) Interest Coverage Ratio stood at 182.00 in Q1 2025, up 109.2% from 87.00 a year earlier and up 25.5% from the prior quarter.
Global Industrial (GIC) Interest Coverage Ratio (2010 - 2025) Analysis & Trends
On a TTM basis, Global Industrial's Interest Coverage Ratio came in at 406.50 as of Mar 31, 2025, up 365.3% year-over-year; for FY2024, it was 402.50, up 358.8% from FY2023.
- Across earlier years, Interest Coverage Ratio came in at 87.73 in FY2023 (-8.3%) and 95.64 in FY2022.
- The Q1 2025 figure is the highest quarterly Interest Coverage Ratio since Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | - |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 24.26 |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 3.09 |
| 10 | Global Industrial | 1.61 Bn | 1.33 Bn | 155.40 Mn | - |
Historic 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 | -14.33 |
| Sep 30, 2014 | -9.00 |
| Jun 30, 2014 | -13.50 |
| Mar 31, 2014 | -4.33 |
| Dec 31, 2013 | 17.00 |
| 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 |
Global Industrial 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=GIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GIC", "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=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();