Mirion Technologies (MIR) Interest Coverage Ratio (2020 - 2026)
Mirion Technologies (MIR) reported Interest Coverage Ratio of 0.55 for Q1 2026, down 20.66% on a YoY basis from 0.7 in Q1 2025, and down 73.8% sequentially from 2.11 in Q4 2025.
Mirion Technologies (MIR) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Mirion Technologies (MIR) has 7 years of Interest Coverage Ratio data on file, last reported at 0.55 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 20.66% year-over-year to 0.55; the trailing twelve-month figure through Mar 2026 stood at 1.08 (up 59.87% YoY), and the FY2025 full-year result was 1.22, up 184.92% from the prior year.
- Interest Coverage Ratio slipped to 0.55 in Q1 2026, from 2.11 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7.98 in Q4 2022 to a low of 2.11 in Q3 2022.
- A 5-year average of 0.55 and a median of 0.16 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 1472.92% in 2022 and surged 450.81% in 2025, its largest moves.
- Tracing MIR's Interest Coverage Ratio over 5 years: stood at 7.98 in 2022, then plunged by 89.37% to 0.85 in 2023, then soared by 124.96% to 1.91 in 2024, then climbed by 10.46% to 2.11 in 2025, then plunged by 73.8% to 0.55 in 2026.
- Business Quant data shows MIR's Interest Coverage Ratio at 0.55 in Q1 2026, 2.11 in Q4 2025, and 0.16 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 2.14 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.49 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 6.58 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 4.54 |
| 10 | Mirion Technologies | 4.05 Bn | 3.65 Bn | 119.10 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 2.11 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.84 |
| Mar 31, 2025 | 0.70 |
| Dec 31, 2024 | 1.91 |
| Sep 30, 2024 | -0.11 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | -0.32 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | -0.72 |
| Jun 30, 2023 | -0.73 |
| Mar 31, 2023 | -0.85 |
| Dec 31, 2022 | 7.98 |
| Sep 30, 2022 | -2.11 |
| Mar 31, 2022 | -1.66 |
| Sep 30, 2021 | -0.13 |
| Jun 30, 2021 | 0.07 |
| Mar 31, 2021 | -0.28 |
| Jun 30, 2020 | 1.00 |